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505 Willow Lane

505 Willow Lane, Wiscasset, ME 04578
House in Wiscasset
Local assessors in Wiscasset, ME have categorized 505 Willow Lane as a type of property. The home was built in 1827 and is 199 years old. The property's lot size has been calculated to be 99,317 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a . Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 200 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 505 Willow Lane has a total of 1,312 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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. Additional features on the property are as follows. There is a for those who need a place to park their vehicle. Moving onto specific details regarding the building. Our sources show that the building condition is . It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with control joints. The building has a roof that is made of . Lots of were used in the construction of the exterior walls of the home. The home's is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $295,800 in taxes each year. 505 Willow Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $173,500. If we break it down further, the land itself was valued at $52,700. Improvements to the property, however, were assessed at a total of $120,800. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Brick Exterior / Wood Exterior
Masonry Exterior
Wood Exterior

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20240518
05/18/2024
3 Bed
2 Bath
1435 ft²
$375,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1435 ft²
-
-
Deborah Fox
Newcastle Realty


Building Info

Overview

    General

  • Year Built: 1827
  • Effective Year Built: 1827
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 4
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 99,317
  • Total Building Area: 1,312
  • Building Area: 1,312
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,312
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002280
  • Standard Land Use Code: 1001
  • County Land Use Code: 101
  • State Land Use Code: 101

Neighborhood

  • School District Name: Wiscasset Public Schools
  • School Tax School District: WISCASSET PS
  • Census Tract: 975500

Zoning

  • Zoning: RURAL

Geography

  • Parcel: WISC M:R02 L:025
  • Lot: 25
  • Municipality: WISCASSET
  • Latitude: 44.0304
  • Longitude: -69.7079

    Address

  • Full Address: 505 Willow Ln
  • Address - House Number: 505
  • Address - Street Name: Willow
  • Address - Suffix Type: Ln
  • State: ME
  • City Name: Wiscasset
  • Carrier Code: R004
  • 4-Digit Zip Code: 4406
  • Zip Code: 04578

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $295,800

    Appraisal Valuation

  • Standard Deviation: 0.1566
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 68
  • Final Value: 231,739
  • High Value: 268,034
  • Low Value: 195,443

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $173,500
  • Assessed Land Value: $52,700
  • Assessed Improvements Value: $120,800
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Lincoln



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Frequently Asked Questions

What neighborhood is 505 Willow Lane located in?
The 505 Willow Lane is a house located in the neighborhood of Wiscasset in Lincoln, Wiscasset.
What is the average sales price for listings in 505 Willow Lane?
The average sales price for units in 505 Willow Lane is $0 currently.