Seller's Agent in 2022
Kathy Gallant
Gallant Real Estate
(207) 841-7569
8 in this area
241 Total Sales
288 Front St Richmond, ME 04357
Estimated Value: $334,000 - $608,792
5
Beds
2
Baths
3,200
Sq Ft
$151/Sq Ft
Est. Value
Highlights
- Docks
- River Front
- Scenic Views
- Nearby Water Access
- The property is located in a historic district
- 3-minute walk to Fort Richmond Park
About This Home
As of July 2022288 Front Street is a spectacular antique circa 1852 home with a modern 1996 addition, just a stone's throw from the Kennebec River. It offers delightful attributes at every turn, and a unique interior design where antique architectural details blend seamlessly with a décor that is chic and timeless. The original house boasts a grand eat-in kitchen with unique butler's pantry, and an abundance of cabinetry in both. The spacious, open-concept dining room & living room is a rare find in an antique home—there is a woodstove in the living room, as well as window seats & built-in shelving. The formal entry is generous in size, with a staircase that leads to the 2nd and 3rd floors. There you will find four bedrooms, and a large hallway on the second floor with cathedral ceilings and many bookshelves. The second floor's primary bedroom has a working wood-burning fireplace, and the most amazing walk-in closet—another rare find in a home this age. The 1996 addition dovetails nicely with the original structure. It offers a stunning great room with wood-burning fireplace; exposed beams; and a bedroom that is currently used as a sewing/workroom. From the great room, you may access the sunroom/greenhouse; or take the back stairs to the large library/office loft. At one time, the great room & workroom served as an in-law apt. The welcoming farmer's porch; gorgeous gardens with pond feature; and nice, level yard provided opportunities for outdoor R&R. Richmond is comprised of beautiful farms; Victorian, and Greek revival homes; and a growing vibrant village with a supportive community and a rich historical story to tell. To learn more, google ''Down East Magazine River Town''. Richmond is centrally located, with easy access to Augusta; Brunswick/Topsham; Bath/Brunswick; Lewiston/Auburn; Wiscasset; and is only about 45 minutes to the vibrant city of Portland, and the International Jetport. A wonderful opportunity—you'll love living here. Very special.
Last Buyer's Agent
Kirk Kennedy
Armentrout Select Realty of Maine
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,623
Year Built
- Built in 1852
Lot Details
- 8,276 Sq Ft Lot
- River Front
- Landscaped
- Level Lot
- Open Lot
- Property is zoned Village
Home Design
- Contemporary Architecture
- New Englander Architecture
- Farmhouse Style Home
- Brick Foundation
- Concrete Foundation
- Stone Foundation
- Wood Frame Construction
- Shingle Roof
- Clap Board Siding
- Concrete Perimeter Foundation
- Clapboard
Interior Spaces
- 3,200 Sq Ft Home
- Built-In Features
- 2 Fireplaces
- Wood Burning Fireplace
- Great Room
- Living Room
- Dining Room
- Library
- Sun or Florida Room
- Home Gym
- Scenic Vista Views
Kitchen
- Eat-In Kitchen
- Stove
- Gas Range
- Dishwasher
Flooring
- Wood
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- Main Floor Bedroom
- Fireplace in Primary Bedroom
- Primary bedroom located on second floor
- Walk-In Closet
- In-Law or Guest Suite
- 2 Full Bathrooms
- Bathtub
- Shower Only
Laundry
- Dryer
- Washer
Basement
- Partial Basement
- Interior and Exterior Basement Entry
Parking
- Driveway
- Paved Parking
- Off-Street Parking
Outdoor Features
- Nearby Water Access
- Docks
- Patio
- Shed
- Enclosed Glass Porch
Location
- The property is located in a historic district
- City Lot
Utilities
- No Cooling
- Forced Air Heating System
- Space Heater
- Heating System Uses Natural Gas
- Heating System Uses Oil
- Hot Water Heating System
- Internet Available
- Cable TV Available
Community Details
- No Home Owners Association
- Community Storage Space
Listing and Financial Details
- Tax Lot 028
- Assessor Parcel Number RICD-000002-000000-000028-000000-U
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 1, 2022
Closed on
Jul 13, 2022
Sold by
Lane Michael L
Bought by
Colgan John J and Colgan Susan F
Seller's Agent
Kathy Gallant
Gallant Real Estate
Buyer's Agent
Kirk Kennedy
Armentrout Select Realty of Maine
List Price
$519,000
Sold Price
$531,000
Premium/Discount to List
$12,000
2.31%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$47,552
Avg. Annual Appreciation
-4.92%
Original Mortgage
$371,700
Outstanding Balance
$356,177
Interest Rate
5.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$99,732
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Colgan John J | $531,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Colgan John J | $371,700 | |
| Previous Owner | Lane Michael L | $60,000 | |
| Previous Owner | Lane Michael L | $214,000 | |
| Previous Owner | Lane Michael | $228,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/13/2022 07/13/22 | Sold | $531,000 | +2.3% | $166 / Sq Ft |
| 06/05/2022 06/05/22 | Pending | -- | -- | -- |
| 06/01/2022 06/01/22 | For Sale | $519,000 | -- | $162 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $4,373 | $185,300 | $32,000 | $153,300 |
| 2023 | $3,984 | $185,300 | $32,000 | $153,300 |
| 2022 | $3,623 | $185,300 | $32,000 | $153,300 |
| 2021 | $3,623 | $185,300 | $32,000 | $153,300 |
| 2020 | $3,623 | $185,300 | $32,000 | $153,300 |
| 2019 | $3,623 | $185,300 | $32,000 | $153,300 |
| 2018 | $3,623 | $185,300 | $32,000 | $153,300 |
| 2017 | $3,623 | $185,300 | $32,000 | $153,300 |
| 2016 | $3,548 | $185,300 | $32,000 | $153,300 |
| 2015 | $3,465 | $185,300 | $32,000 | $153,300 |
| 2014 | $3,576 | $185,300 | $32,000 | $153,300 |
| 2013 | $3,354 | $185,300 | $32,000 | $153,300 |
Source: Public Records
Agents Affiliated with this Home
-
Kathy Gallant
-
Joseph Haggerty
J
Seller Co-Listing Agent in 2022
Joseph Haggerty
Gallant Real Estate
(207) 844-9423
3 in this area
85 Total Sales
-
K
Buyer's Agent in 2022
Kirk Kennedy
Armentrout Select Realty of Maine
Map
Source: Maine Listings
MLS Number: 1530693
APN: RICD-000002-000000-000028-000000-U
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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