47 Reed's Mill Road

Local assessors in Phillips, ME have categorized 47 Reed's Mill Road as a residential type of property. The property's lot size has been calculated to be 54,450 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 47 Reed's Mill Road was last sold in Oct 11, 2019 for $155,000. Prior to that sales transaction, the property was sold for $98,000 in Jan 1, 1970. Current property owners are expected to pay $1,318 in taxes per year. The property on 47 Reed's Mill Road was last assessed in 2019. As a result of that assessment, the total value of the property was placed at $150,340. To break that down further, the land itself was valued at $20,750. While improvements to the property were assessed at a total of $129,590. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.