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Sold on 10/06/2021
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164 Leeman Arm E, Palermo, ME 04354

$344,675

Last sold 10/06/2021 for $342K

  • 2

    bed

  • 1

    bath

  • 1,027

    Sqft ($333/Sqft)

House not for sale

About 164 Leeman Arm E

Property type House
Year built 1979
HOA fee $13/month
Lot size 0.8 Acre
Movoto estimate
Property description
Picture perfect in Palermo! Nestled on the shores of Sheepscot Pond, this fully furnished cabin delivers on dreams of lakefront living. Aptly named 'Serene Sunrise Cabin', this turnkey treasure is a rustic yet refreshed respite with tip-to-tail-amenities. Positioned on nearly one acre with 100 feet of frontage, the property provides a gateway to one of Maine's healthiest bodies of water, offering opportunities for swimming, boating, kayaking and cold + warm water fishing. The scent of pines, sparkling water, spacious deck and new dock make for effortless outdoor enjoyment. Inside, the open, airy layout lends seamless access to your favorite people and pets, whether whipping up a meal in the kitchen or whooping it up with games in the living room. Two formal bedrooms, a bathroom with shower and a spacious loft with 4 additional beds mean there's room for all to enjoy this precious place! From kitchenware to linens, this cottage is fully prepared for memories-in-the-making and features excellent cell phone and internet connectivity, updated electrical wiring and plumbing, a new dock, new bathroom vanity, air conditioning, a fire pit, televisions, electric fireplace, washer/dryer and outdoor shed for tools & toys. Palermo's serene setting is paired with proximity to life's conveniences, with Augusta and Belfast a quick 25 minutes away. Recent rental income reaching nearly 20K makes this classic Maine cabin an opportunity for investment, personal pleasure or both!
Listed by
Listing Agent - Bridget King Jason Miller
Listing Office - Portside Real Estate Group
Source: MREIS mls logo
MLS#1508404 • last updated 5 months ago
Movoto checked MREIS for data 34 minutes ago
Overview
Heating Stove, Space Heater
Levels/Style Camp, Chalet, Cottage
MLS # 1508404
Virtual Tour N/A
SqFt 1027
Status Closed
Lot Size (Acres) 0.8
Lot Size (Sqft) 34848
Property Tax 3059
Year Built 1979
HOA Fee 150, Annually
Interior
Total # of Bathrooms 1
# Full Baths 1
# Bedrooms 2
Total # of Rooms 6
Flooring Carpet, Laminate
Exterior
Roof Metal
Patio/ Porch Deck
Other Structures Shed(s)
Amenities / Utilities
Water Source Private
Location
View Scenic
Body of Water Sheepscot Lake
Zoning Shoreland
$344K
Range: $310K-$379K
Last 30 days 
  • Oct 2021
    mls logo MLS # 1508404
  • Oct 6, 2021 Sold
    $342,500 (+15.7%)
  • Sep 13, 2021 Pending
  • Sep 9, 2021 Listed
    $296,000
  • Year Property taxes Tax assessment
  • 2024
    $3,043 +4.5%
    $264,600
  • 2023
    $2,911 +5.8%
    $264,600
  • 2022
    $2,752 -12.0%
    $264,600 +16.77%
  • 2021
    $3,127 +2.2%
    $226,600
  • 2020
    $3,059 +1.5%
    $226,600
  • 2019
    $3,014
    $226,600
  • 164 Leeman Arm E
    $342K
  • 04354
    $494K +38% y/y
  • Palermo
    $382K +5% y/y
No chart available
Statistics calculated by Movoto
Est. value Bed/bath Sqft mi
186 Leeman Arm E, Palermo, ME 04354 $795,000 4/2 0.02
146 Leeman Arm E, Palermo, ME 04354 $496,000 3/1 0.03
206 Leeman Arm E, Palermo, ME 04354 $383,000 —/— 0.05
103 Leeman Arm E, Palermo, ME 04354 $357,000 3/1 0.14
266 Leeman Arm Rd, Palermo, ME 04354 $624,000 —/— 0.14
1 Leeman Arm W, Palermo, ME 04354 $346,000 —/— 0.15
250 Leeman Arm E, Palermo, ME 04354 $383,000 —/— 0.15
360 Leeman Arm Rd, Palermo, ME 04354 $417,000 2/1 0.15

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.

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