This beautifully maintained 4-bedroom Colonial home in Orono is just minutes from the University of Maine, offering both privacy and convenience.
Nestled on a quiet, private road, the home features a spacious and well-appointed layout, with gleaming hardwood floors throughout. The inviting yard is perfect for outdoor activities, while a small deck provides a peaceful retreat to enjoy the surrounding nature.
A two-car garage offers plenty of storage and parking space.
With its combination of classic Colonial charm, meticulous upkeep, and proximity to the university, this home is a rare find in a sought-after location.
Closed
$391,000
5 Wallace Lane, Orono, ME 04473
4beds
2,138sqft
Single Family Residence
Built in 1966
0.31 Acres Lot
$409,100 Zestimate®
$183/sqft
$2,512 Estimated rent
Home value
$409,100
$299,000 - $565,000
$2,512/mo
Zestimate® history
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List your homeWhat's special
Inviting yardPrivate roadSmall deckGleaming hardwood floorsSpacious and well-appointed layout
Zillow last checked:
Listing updated:
Listed by:
Better Homes & Gardens Real Estate/The Masiello Group
Bought with:
NextHome Experience
Source: Maine Listings,MLS#: 1612972
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Bedroom 1
- Level: Second
Bedroom 2
- Level: Second
Bedroom 3
- Level: Second
Bedroom 4
- Level: Second
Dining room
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Mud room
- Level: First
Heating
- Baseboard
Cooling
- None
Appliances
- Included: Dishwasher, Dryer, Electric Range, Refrigerator, Washer
Features
- Flooring: Carpet, Laminate, Wood
- Basement: Bulkhead,Interior Entry
- Has fireplace: No
Interior area
- Total structure area: 2,138
- Total interior livable area: 2,138 sqft
- Finished area above ground: 1,710
- Finished area below ground: 428
Property
Parking
- Total spaces: 2
- Parking features: Paved, 1 - 4 Spaces
- Garage spaces: 2
Features
- Has view: Yes
- View description: Fields, Trees/Woods
Lot
- Size: 0.31 Acres
- Features: Interior Lot, City Lot, Near Golf Course, Near Shopping, Near Turnpike/Interstate, Near Town, Level, Landscaped
Details
- Parcel number: ORONM020003L028
- Zoning: Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subtype: Single Family Residence
Materials
- Wood Frame, Vinyl Siding
- Roof: Shingle
Condition
- Year built: 1966
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Utilities On
Community & neighborhood
Location
- Region: Orono
Other
Other facts
- Road surface type: Gravel, Dirt
Price history
| Date | Event | Price |
|---|---|---|
| 3/11/2025 | Pending sale | $395,000+1%$185/sqft |
Source:  Maine Listings #1612972 Report a problem | ||
| 3/10/2025 | Sold | $391,000-1%$183/sqft |
Source: Maine Listings #1612972 Report a problem | ||
| 2/5/2025 | Contingent | $395,000$185/sqft |
Source: Maine Listings #1612972 Report a problem | ||
| 1/22/2025 | Listed for sale | $395,000$185/sqft |
Source: Maine Listings #1612972 Report a problem | ||
| 12/6/2024 | Listing removed | $2,400$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/15/2024 | Listed for rent | $2,400$1/sqft |
Source: Zillow Rentals Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,511 +0.4% | $211,300 +10% |
| 2023 | $4,495 -1.7% | $192,100 |
| 2022 | $4,572 +0.2% | $192,100 |
| 2021 | $4,562 | $192,100 |
| 2020 | $4,562 +16.6% | $192,100 +29.9% |
| 2019 | $3,912 -2% | $147,900 |
| 2018 | $3,993 +3.8% | $147,900 |
| 2017 | $3,845 +4.6% | $147,900 |
| 2016 | $3,675 +1.8% | $147,900 |
| 2015 | $3,609 +2.3% | $147,900 |
| 2014 | $3,527 +2.8% | $147,900 |
| 2013 | $3,431 +7.4% | $147,900 |
| 2012 | $3,195 +16.7% | $147,900 +12.1% |
| 2010 | $2,737 | $131,900 |
Find assessor info on the county website
Neighborhood: 04473
Nearby schools
GreatSchools rating
- 9/10Asa C Adams SchoolGrades: PK-5Distance: 0.6 mi
- 9/10Orono Middle SchoolGrades: 6-8Distance: 0.5 mi
- 7/10Orono High SchoolGrades: 9-12Distance: 0.7 mi
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- Maine
- Penobscot County
- Orono
- 04473
- 5 Wallace Lane
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