Active

Price cut: $10.5K (9/15)

$264,500

28 Island Avenue, Orono, ME 04473

4beds

1,356sqft

$1,906/mo

Get pre-qualified

Single Family Residence

Built in 1950

9,583 Square Feet Lot

$259,900 Zestimate^®

$195/sqft

$-- HOA

What's special

This four-bedroom, one-bath ranch is currently leased through June 2027 and has a strong rental history in a community where whole-home rentals can be difficult to find. Located approximately two miles from the University of Maine campus, the property offers convenient access to Orono's well-regarded public schools, local shops, restaurants, parks, cultural activities, and other community services. With its welcoming small-town character and university-centered amenities, Orono offers an appealing setting for people at every stage of life. Affordably priced, this property presents an excellent opportunity for investors or future owner-occupants.

9 days
377
7

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 1
Full bathrooms: 1

Primary bedroom

Level: First
Area: 169.36 Square Feet
Dimensions: 14.6 x 11.6

Bedroom 2

Level: First
Area: 120 Square Feet
Dimensions: 10 x 12

Bedroom 3

Level: First
Area: 89.25 Square Feet
Dimensions: 8.5 x 10.5

Bedroom 4

Level: First
Area: 100 Square Feet
Dimensions: 10 x 10

Kitchen

Level: First
Area: 178.98 Square Feet
Dimensions: 15.7 x 11.4

Living room

Level: First
Area: 168 Square Feet
Dimensions: 14 x 12

Heating

Forced Air

Cooling

None

Appliances

Included: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer

Features

1st Floor Bedroom
Flooring: Carpet, Vinyl, Wood
Basement: Interior Entry,Walk-Out Access,Full,Other
Has fireplace: No

Interior area

Total structure area: 1,356
Total interior livable area: 1,356 sqft
Finished area above ground: 1,356
Finished area below ground: 0

Property

Parking

Total spaces: 1
Parking features: Gravel, 1 - 4 Spaces, Underground, Basement
Garage spaces: 1

Features

Patio & porch: Deck

Lot

Size: 9,583 Square Feet
Features: City Lot, Near Country Club, Near Shopping, Neighborhood, Open Lot

Details

Parcel number: ORONM027004L086
Zoning: RES

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Wood Frame, Vinyl Siding
Foundation: Block, Poured Concrete
Roof: Metal,Pitched

Condition

Year built: 1950

Details

Warranty included: Yes

Utilities & green energy

Electric: Circuit Breakers
Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Orono

Financial & listing details

Price per square foot: $195/sqft
Tax assessed value: $166,800
Annual tax amount: $4,019
Date on market: 9/7/2026
Road surface type: Paved

Estimated market value

$259,900

$247,000 - $273,000

$2,289/mo

Price history

Date	Event	Price
9/15/2026	Price change	$264,500-3.8%$195/sqft
Source: Maine Listings #1679543 Report a problem
9/7/2026	Listed for sale	$275,000+164.4%$203/sqft
Source: Maine Listings #1679543 Report a problem
3/24/2021	Listing removed	--
Source: Owner Report a problem
3/16/2018	Listing removed	$450
Source: Owner Report a problem
3/15/2018	Listed for rent	$450
Source: Owner Report a problem
5/5/2011	Sold	$104,000$77/sqft
Source: Maine Listings #988278 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$3,561 +0.4%	$166,800 +10%
2023	$3,547 -1.7%	$151,600
2022	$3,608 +0.2%	$151,600
2021	$3,601	$151,600
2020	$3,601 +27.3%	$151,600 +41.8%
2019	$2,828 -2%	$106,900
2018	$2,886 +3.9%	$106,900
2017	$2,779 +4.6%	$106,900
2016	$2,656 +1.8%	$106,900
2015	$2,608 +2.3%	$106,900
2014	$2,550 +2.8%	$106,900
2013	$2,480 +7.4%	$106,900
2012	$2,309	$106,900
2010	--	$106,900