Last Sold Price
3 beds1,840 sqft$160/sqft
2054 N Palermo Rd, Palermo, ME 04354

Description

Cape style home featuring 3 bedrooms, an office, and 28x40 garage with 16' ceilings. 22 acre lot with no restrictions and enough room for livestock, or ample space to make equipment repairs or operate an automotive business with town approval. Some flooring and other updates needed, but home is move-in ready. Daylight basement has additional full bath needing updated fixtures. Basement could be finished to add even more space, and once served as a living area. Come see!Cape style home featuring 3 bedrooms, an office, and 28x40 garage with 16' ceilings. 22 acre lot with no restrictions and enough room for livestock, or ample space to make equipment repairs or operate an automotive business with town approval. Some flooring and other updates needed, but home is move-in ready. Daylight basement has additional full bath needing updated fixtures. Basement could be finished to add even more space, and once served as a living area. Come see!
LISTING CLOSED: 12/27/2021 12:00 AM

  1. Listed by Richard Sutter Jr • LHI Realty, LLC
    P: (207) 242-5802 C: (207) 242-5802 richsutter@legacyhi.com

Property Details for 2054 North Palermo Road

Status
MLS #
1514759
Days on Market
7
Taxes
$2,319 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Single Family Residence
Year Built
1988
Lot Size
22.00 AC / 958,320 SF
Architectural Style
Cape Cod
Style
Cape Cod
View
Trees/Woods
Has Waterfront
No
Zoning
Rural Residential

Recent comparable sales

Median sold price

$290,000

Avg days on market

67

Sale-to-list ratio

94.2%

[Palermo, ME]

9 comparable properties found

$290,000 | 25 Mary's Way, Palermo, ME 04354
1/36
1

$290,000

Sold 11/08/24

3
Bedrooms
1,550
Square Feet
1.89
Acres
$253,500 | 1011 North Palermo Road, Palermo, ME 04354
1/3
2

$253,500

Sold 06/13/25

3
Bedrooms
1,690
Square Feet
3.2
Acres
$265,000 | 1410 County Rte 54, Palermo, NY 13036
1/2
3

$265,000

Sold 03/07/25

3
Bedrooms
1,680
Square Feet
2.13
Acres
a view of a house with a yard and potted plants
4

$330,000

Sold 02/04/26

3
Bedrooms
1,598
Square Feet
0.89
Acres
$256,900 | 1718 County Rte 45, Palermo, NY 13069
1/2
5

$256,900

Sold 01/23/25

3
Bedrooms
2,100
Square Feet
0.56
Acres
6

$240,000

Sold 05/02/25

3
Bedrooms
2
Bathrooms
1,778
Square Feet
1.41
Acres
$325,000 | 1370 North Palermo Road, Palermo, ME 04354
1/38
7

$325,000

Sold 07/20/26

2
Bedrooms
1,120
Square Feet
2.65
Acres
$355,000 | 7765 Fulton Avenue, Palermo, CA 95968
8

$355,000

Sold 06/20/25

3
Bedrooms
1,632
Square Feet
0.52
Acres
$315,000 | 1675 Western Ridge Road, Palermo, ME 04354
1/44
9

$315,000

Sold 09/26/25

3
Bedrooms
1,304
Square Feet
1.4
Acres

Location

Listing Courtesy of LHI Realty, LLC

Sold By Swift River Properties

Add your commute

Building Information for 2054 North Palermo Road

Stories-Year Built1988Building Size-Lot Size22.00 AC / 958,320 SF

Payment Calculator

$1,693 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,499

Property Taxes

$193

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 2054 North Palermo Road

Summary
Location and General Information
  • Water View: No
  • Location: Rural
  • Page: 39
  • Zoning Overlay: No
  • Directions: From Branch Mills in Palermo take North Palermo Road toward Freedom. House is approximately 3.5 miles on left.
  • Latitude: 44.439851
  • Longitude: -$69.41
Taxes and HOA
  • Association: No
  • Tax Lot: 2
  • Tax Book Number: 936
  • Tax Map Number: 8
  • Tax Year: 2021
  • Tax Annual Amount: $2,319.00
Parking
  • Parking Features: Basement, 11 - 20 Spaces, Gravel, Paved, On Site, Detached, Underground
  • Parking: 11 - 20 Spaces, On Site
  • Vehicle Storage: 4+ Car, Detached, Underground, Basement
  • Has Attached Garage: No
  • Garage Spaces: 4.0
  • Has Garage: Yes
School Information
  • High School District: RSU 12
Virtual Tour
Property
Lot Information
  • Lot Features: Rolling/Sloping, Wooded, Rural
  • Lot Size Acres: 22.0
  • Lot Size Area: 22.0
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 958320.0
  • Lot Size Units: Acres
  • 2 Detached Houses on 1 Lot: false
  • Roads: Paved, Public
  • Road Surface Type: Paved
  • Site: Rolling/Sloping, Wooded
Property and Assessments
  • Above Grade Finished Area: 1840.0
  • Building Area Source: Seller
  • Building Area Total: 1840.0
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Deed: All
  • Deed/Conveyance Type Offered: Warranty
  • Surveyed: Yes
  • Restrictions: No Restrictions
  • Construction: Wood Frame
  • Year Built: 1988
Building Features
  • Foundation Details: Concrete Perimeter
  • Foundation Materials: Poured Concrete
  • Construction Materials: Vinyl Siding, Shingle Siding, Wood Frame
  • Other Structures: Outbuilding
Financial Information
  • List Price/SqFt: $162.50
Green Features
  • HERS Certified: No
Utilities
  • Heat Fuel: Oil, Wood
  • Electric: Circuit Breakers
  • Gas: No Gas
  • Sewer: Septic Tank
  • Water Source: Well, Private
  • Water Heater: Off Heating System, Oil, Tank
Interior and Exterior Features
Exterior Features
  • Exterior: Shingle Siding, Vinyl Siding
  • Roof: Metal
  • Driveway: Gravel, Paved
Interior Features
  • Amenities: 1st Floor Bedroom, Laundry - 1st Floor
  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer
  • Appliances Included: Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Bathrooms Full: 2
  • Bathrooms Total Decimal: 2.0
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 3
  • Laundry Features: Laundry - 1st Floor, Main Level
  • # Full Baths Level 1: 1
  • Rooms Total: 7
  • Basement: Walk-Out Access, Full
  • Basement: Walk-Out Access, Full
  • # Full Baths Basement: 1.0
  • Has Fireplace: No
  • Patio And Porch Features: Deck
  • Has Cooling: No
  • Heating: Zoned, Stove, Hot Water, Baseboard
  • Has Heating: Yes
  • Flooring: Vinyl, Laminate, Carpet
  • Interior Features: 1st Floor Bedroom
Room Information
Bedroom 1
  • Bedroom 1: Bedroom 1
  • Bedroom 1 Level: First
Bedroom 2
  • Bedroom 2: Bedroom 2
  • Bedroom 2 Level: Second
Bedroom 3
  • Bedroom 3: Bedroom 3
  • Bedroom 3 Level: Second
Kitchen
  • Kitchen: Kitchen
  • Kitchen Level: First
  • Kitchen Countertop: Formica
Laundry
  • Laundry Room Amenities: Laundry - 1st Floor, Main Level
Living Room
  • Living Room: Living Room
  • Living Room Level: First
Other Room 1
  • Other Room 1: Other Room 1
  • Other Room 1 Level: Second
Office Room
  • Office: Office
  • Office Level: First
Rental
Rent Information
  • Land Lease: No
  • Pets Allowed: No Restrictions

Property History for 2054 North Palermo Road

DateEvent & SourcePriceAppreciation
Dec 27, 2021

Sold

Maine Listings #1514759

$295,000
Nov 21, 2021

Pending

Maine Listings #1514759

Nov 14, 2021

Listed (Active)

Maine Listings #1514759

$299,000
DateEvent & SourcePrice
12/27/2021

Sold

Maine Listings #1514759

$295,000
11/21/2021

Pending

Maine Listings #1514759

11/14/2021

Listed (Active)

Maine Listings #1514759

$299,000

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

Public Records for 2054 North Palermo Road

Taxable ValueLand$48,200Additions$240,700Total$288,900
Tax Record2024$3,322 ($277 / month)
Home Facts
Beds0Lot Size958,320 SqFtStyleSingle Family ResidenceCountyWALDOAPNPALE M:R8 L:2

Schools near 2054 North Palermo Road

This home is within Regional School Unit 12.
Rating
School
Type
Grades
Distance
Public - K to 8
Rating
School
Distance
Palermo Consolidated School
PublicK to 8

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: 2054 North Palermo Road, Palermo, ME 04354
$295,000
3
1,840
958,320
$175,000
2
1,032
65,340
87,120
1,681,416
$169,000
3
1,456
86,248
87,120

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 LHI Realty, LLC

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.