Last Sold Price
2 beds1,276 sqft$129/sqft
16 Gray Rd, Palmyra, ME 04965

Description

This home is awaiting your finishing touches! This new home was started in the second half of 2020 and built upon a foundation already in place. This home offers the right buyer the opportunity for a beautiful home with a bit of sweet equity. Much has been done but finish work remains to be completed. Open concept kitchen, dining and living room, spacious mudroom, 2 bedrooms and 2 baths (one completed and one to be completed). Primary bedroom offers walk-in closet and private bath to be finished....This home is awaiting your finishing touches! This new home was started in the second half of 2020 and built upon a foundation already in place. This home offers the right buyer the opportunity for a beautiful home with a bit of sweet equity. Much has been done but finish work remains to be completed. Open concept kitchen, dining and living room, spacious mudroom, 2 bedrooms and 2 baths (one completed and one to be completed). Primary bedroom offers walk-in closet and private bath to be finished. Full basement, accessible from the outside, offers plenty of storage and future potential. Many materials needed to complete home are onsite and will remain with the sale. Conveniently located with easy access to shopping, dining, I-95, etc. Half hour to Bangor or less, same for the Waterville area. Great opportunity for the buyer unafraid of handling the finishing details.
LISTING CLOSED: 12/16/2022 12:00 AM

  1. Listed by Barton Stevens • Century 21 Nason Realty
    P: (207) 861-1144 C: (207) 861-1144 barton@c21nason.com

Property Details for 16 Gray Road

Status
MLS #
1542002
Days on Market
67
Taxes
$783 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Single Family Residence
Year Built
2020
Lot Size
1.16 AC / 50,529 SF
Architectural Style
Ranch
Style
Ranch
View
Fields, Trees/Woods
Has Waterfront
No

Recent comparable sales

Median sold price

$187,500

Avg days on market

24

Sale-to-list ratio

92.3%

Palmyra, ME

9 comparable properties found

$140,000 | 65 Louise Street, Palmyra, ME 04965
1/45
1

$140,000

Sold 03/24/25

2
Bedrooms
1,152
Square Feet
Unavailable
Acres
$245,000 | 56 Gray Road, Palmyra, ME 04965
1/43
2

$245,000

Sold 05/27/25

3
Bedrooms
1,142
Square Feet
0.88
Acres
$187,500 | 4378 Highway 31, Palmyra, NY 14522
1/2
3

$187,500

Sold 12/11/25

2
Bedrooms
1,324
Square Feet
0.88
Acres
$199,900 | 68 Gray Road, Palmyra, ME 04965
1/41
4

$199,900

Sold 08/30/24

3
Bedrooms
1,360
Square Feet
0.88
Acres
a front view of a house with a yard
1/27
5

$139,900

Sold 12/01/25

2
Bedrooms
1,080
Square Feet
Unavailable
Acres
a front view of a house with a garden
1/2
6

$125,000

Sold 08/01/25

2
Bedrooms
1,428
Square Feet
Unavailable
Acres
$200,000 | 27425 Quarton Road, Palmyra, IL 62674
1/40
7

$200,000

Sold 09/30/25

2
Bedrooms
1,470
Square Feet
6.4
Acres
8

$207,000

Sold 09/30/24

2
Bedrooms
1,240
Square Feet
0.04
Acres
$180,000 | 61 Karen Street, Palmyra, ME 04965
1/46
9

$180,000

Sold 10/15/24

2
Bedrooms
1,152
Square Feet
Unavailable
Acres

Location

Listing Courtesy of Century 21 Nason Realty

Sold By Better Homes & Gardens Real Estate/The Masiello Group

Add your commute

Building Information for 16 Gray Road

Stories-Year Built2020Building Size-Lot Size1.16 AC / 50,529 SF

Payment Calculator

$904 per month

30 year fixed, 6.55% Interest

Principal and Interest

$839

Property Taxes

$65

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 16 Gray Road

Summary
Location and General Information
  • Water View: No
  • Location: Near Shopping, Rural
  • Page: 295
  • Directions: From Newport head west on Rte. 2, Gray Road on the right about 1 mile beyond Walmart. Second lot on left.
  • Latitude: 44.841896
  • Longitude: -$69.31
  • Transportation: Major Road Access
Taxes and HOA
  • Association: No
  • Parcel Number: PALA-000005-000088-000001
  • Tax Lot: 88-1
  • Tax Book Number: 5546
  • Tax Map Number: 5
  • Tax Year: 2022
  • Tax Annual Amount: $783.00
Parking
  • Parking Features: Basement, 1 - 4 Spaces, Gravel, Underground, On Street
  • Parking: 1 - 4 Spaces, On Street
  • Vehicle Storage: 1 Car, Underground, Basement
  • Has Attached Garage: No
  • Garage Spaces: 1.0
  • Has Garage: Yes
Virtual Tour
Property
Lot Information
  • Lot Features: Rolling/Sloping, Open, Near Shopping, Rural
  • Lot Size Acres: 1.16
  • Lot Size Area: 1.16
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 50529.6
  • Lot Size Units: Acres
  • 2 Detached Houses on 1 Lot: false
  • Roads: Paved, Public
  • Road Surface Type: Paved
  • Site: Open, Rolling/Sloping
Property and Assessments
  • Above Grade Finished Area: 1276.0
  • Building Area Source: Seller
  • Building Area Total: 1276.0
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Deed: All
  • Deed/Conveyance Type Offered: Warranty
  • Restrictions: No Restrictions
  • Construction: Wood Frame
  • Year Built: 2020
Building Features
  • Foundation Details: Concrete Perimeter
  • Foundation Materials: Poured Concrete
  • Construction Materials: Other, Wood Frame
  • Color: none-tyvek
Financial Information
  • List Price/SqFt: $140.28
Green Features
  • HERS Certified: No
Utilities
  • Heat Fuel: Electric, Oil
  • Electric: Circuit Breakers
  • Gas: No Gas
  • Sewer: Septic Tank, Private Sewer
  • Water Source: Well, Private
  • Water Heater: Electric
Interior and Exterior Features
Exterior Features
  • Exterior: Other
  • Roof: Metal
  • Window Features: Low-Emissivity Windows
  • Window Features: Low-Emissivity Windows
  • Driveway: Gravel
Interior Features
  • Amenities: 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, Bathtub, Laundry - 1st Floor, Laundry - Hookup
  • Appliances: Refrigerator, Microwave, Electric Range, Dishwasher
  • Appliances Included: Dishwasher, Microwave, Electric Range, Refrigerator
  • Bathrooms Full: 2
  • Bathrooms Total Decimal: 2.0
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 2
  • Laundry Features: Laundry - 1st Floor, Main Level, Washer Hookup
  • # Full Baths Level 1: 2
  • Rooms Total: 5
  • Basement: Walk-Out Access, Full, Exterior Only, Unfinished
  • Basement: Walk-Out Access, Full, Unfinished
  • Basement Entry: Exterior Only
  • Has Fireplace: No
  • Cooling: Heat Pump
  • Has Cooling: Yes
  • Heating: Hot Water, Heat Pump, Baseboard
  • Has Heating: Yes
  • Flooring: Laminate
  • Interior Features: 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, Bathtub
Room Information
Primary Bedroom
  • Primary Bedroom: Primary Bedroom
  • Primary Bedroom Level: First
Bedroom 2
  • Bedroom 2: Bedroom 2
  • Bedroom 2 Level: First
Kitchen
  • Kitchen: Kitchen
  • Kitchen Level: First
  • Kitchen Amenities: Eat-in Kitchen
  • Kitchen Countertop: Butcher Block
Laundry
  • Laundry Room Amenities: Laundry - 1st Floor, Main Level, Washer Hookup
Living Room
  • Living Room: Living Room
  • Living Room Level: First
Mud Room
  • Mud Room: Mud Room
  • Mud Room Level: First
Rental
Rent Information
  • Land Lease: No
  • Pets Allowed: No Restrictions

Property History for 16 Gray Road

DateEvent & SourcePriceAppreciation
Dec 16, 2022

Sold (Public Record)

Public Record #1503062429

$165,000
Dec 16, 2022

Sold

Maine Listings #1542002

$165,000
Sep 1, 2022

Listed (Active)

Maine Listings #1542002

$219,000
DateEvent & SourcePrice
12/16/2022

Sold (Public Record)

Public Record #1503062429

$165,000
12/16/2022

Sold

Maine Listings #1542002

$165,000
09/01/2022

Listed (Active)

Maine Listings #1542002

$219,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 16 Gray Road

Taxable ValueLand$33,790Additions$150,950Total$184,740
Tax Record2025$1,829 ($152 / month)
Home Facts
Beds0Lot Size50,530 SqFtStyleSingle Family ResidenceCountySOMERSETAPNPALA M:005 B:088 L:001

Schools near 16 Gray Road

This home is within Regional School Unit 19.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Public - PK to 4
Rating
School
Distance
Somerset Elementary School
PublicPK to 4

Nokomis Regional Middle School
Public5 to 8

Nokomis Regional High School
Public9 to 12

Sebasticook Valley Elementary School
PublicPK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 16 Gray Road, Palmyra, ME 04965
$165,000
2
1,276
50,529
$150,000
47,916
50,965
43,560
56,628
$100,000
3
1,040
46,609

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Century 21 Nason Realty

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.