Welcome to this unique owner-built home inspired by the Shelter Institute in the beautifully rural Monroe, Maine. This 3 bedroom home is located on a 2 acre lease-hold, current lease expires in the year 2117. This two acre lot is part of the 150 acre Common Terra Land Trust, consisting of over 130 acres for common use. Land consists of woods, pasture, gardens, and fruit trees.
The first floor has 3 bedrooms and a full bath with tile shower/tub combo, and a great wood stove. Upstairs you will find a cozy kitchen, as well as living and dining space allowing great light to enter from the south. There is also a bonus room upstairs, great for a guest space or storage. The 1,200 square foot shop/garage is fully insulated, ready to be of use, even equipped with oversized 13'8'' and 11'3'' garage doors. New well and updated electric service in 2023. If looking to finance, speak with lender about leased land.
PLEASE review the recorded 26-page LEASE in Book: 4719, Pages: 80.
Closed
$224,000
129 Stovepipe Alley Road, Monroe, ME 04951
3beds
1,714sqft
Single Family Residence
Built in 1970
2 Acres Lot
$251,100 Zestimate®
$131/sqft
$1,950 Estimated rent
Home value
$251,100
Estimated sales range
Not available
$1,950/mo
Zestimate® history
Owner options
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$1,950/mo
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$1,950/mo
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$1,608/mo
Est. payment
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$1,608/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Better Homes & Gardens Real Estate/The Masiello Group
Bought with:
Maine Country and Coast Real Estate
Source: Maine Listings,MLS#: 1601688
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Bedroom 1
- Level: First
Bedroom 2
- Level: First
Bedroom 3
- Level: First
Dining room
- Level: Second
Kitchen
- Level: Second
Living room
- Level: Second
Other
- Level: Second
Heating
- Stove, Space Heater
Cooling
- None
Appliances
- Included: Electric Range, Refrigerator
Features
- Flooring: Wood
- Basement: Exterior Entry,Interior Entry,Crawl Space,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 1,714
- Total interior livable area: 1,714 sqft
- Finished area above ground: 1,714
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Gravel, 1 - 4 Spaces, Detached
- Garage spaces: 4
Features
- Has view: Yes
- View description: Fields, Mountain(s), Scenic, Trees/Woods
Lot
- Size: 2 Acres
- Features: Rural, Agricultural, Open Lot, Pasture
Details
- Additional structures: Outbuilding, Outhouse/Privy
- Parcel number: MNREM006L7D
- On leased land: Yes
- Zoning: No Zoning
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subtype: Single Family Residence
Materials
- Wood Frame, Clapboard, Wood Siding
- Foundation: Slab
- Roof: Shingle
Condition
- Year built: 1970
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Private Sewer
- Water: Private, Well
Community & neighborhood
Location
- Region: Monroe
- Subdivision: Commonterra Community Land Trust
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $100 annually
Other
Other facts
- Road surface type: Gravel, Dirt
Price history
| Date | Event | Price |
|---|---|---|
| 10/30/2024 | Sold | $224,000-15.5%$131/sqft |
Source:  Maine Listings #1601688 Report a problem | ||
| 10/30/2024 | Pending sale | $265,000$155/sqft |
Source: Maine Listings #1601688 Report a problem | ||
| 8/30/2024 | Contingent | $265,000$155/sqft |
Source: Maine Listings #1601688 Report a problem | ||
| 8/26/2024 | Price change | $265,000+6.4%$155/sqft |
Source: Maine Listings #1601688 Report a problem | ||
| 6/5/2024 | Listed for sale | $249,130$145/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,547 | $77,368 |
| 2023 | $1,547 | $77,368 |
| 2022 | $1,547 | $77,368 |
| 2021 | $1,547 | $77,368 |
| 2020 | $1,547 | $77,368 |
| 2016 | $1,547 | $77,368 |
| 2015 | $1,547 -1.2% | $77,368 +4.7% |
| 2014 | $1,566 +0.1% | $73,868 +1.5% |
| 2013 | $1,565 | $72,800 |
Find assessor info on the county website
Neighborhood: 04951
Nearby schools
GreatSchools rating
- NAMonroe Elementary SchoolGrades: PK-5Distance: 1.8 mi
- 2/10Mt View Middle SchoolGrades: 6-8Distance: 11.5 mi
- 4/10Mt View High SchoolGrades: 9-12Distance: 11.6 mi
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- Maine
- Waldo County
- Monroe
- 04951
- 129 Stovepipe Alley Road
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