Investors take notice! This tax-acquired 3-bedroom, 1-bath Colonial sitting on 1.52 acres offering potential for renovation or restoration. Built in 1997, surrounded by trees, the lot provides privacy and room to expand. A great opportunity for those looking to bring new life to a property.
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Earn from this home
Rent
$1,995/mo
Redfin rental estimate
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Market trends in 04259, ME
Last updated October 2026
Buyer's Market
Seller's Market
Balanced market
Sale-to-list price
99.6%
+1.4% MoM
Median sale price
$449K
$21K MoM
Avg. days on market
37d
4 days MoM
Recently sold homes
10
2 MoM
Provided by Redfin
Sale history for 515 S Monmouth Rd
Date
Event
Price
MREIS #1632359
Oct 6, 2025
Sold
$119,655
$92/sq ft
Jul 30, 2025
Listed
$99,900
$77/sq ft
Year
Property tax
Land + Additions
Assessment*
2024
$3,076 (+13.0%)
$38,200 + $112,200
$150,400
2023
$2,722 (+6.8%)
$38,200 + $112,200
$150,400
2022
$2,549
$33,200 + $97,500
$130,700
2021
$33,200 + $93,600
$126,800
2020
$33,200 + $93,600
$126,800
2018
$33,200 + $93,600
$126,800
2017
$33,200 + $93,600
$126,800
2016
$33,000 + $94,300
$127,300
2015
$33,000 + $94,300
$127,300
2013
$1,852
$33,000 + $94,300
$127,300
Tax history for 515 S Monmouth Rd
Year
Property tax
Land + Additions
Assessment*
2024
$3,076 (+13.0%)
$38,200 + $112,200
$150,400
2023
$2,722 (+6.8%)
$38,200 + $112,200
$150,400
2022
$2,549
$33,200 + $97,500
$130,700
2021
$33,200 + $93,600
$126,800
2020
$33,200 + $93,600
$126,800
2018
$33,200 + $93,600
$126,800
2017
$33,200 + $93,600
$126,800
2016
$33,000 + $94,300
$127,300
2015
$33,000 + $94,300
$127,300
2013
$1,852
$33,000 + $94,300
$127,300
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
3
Baths
1
Stories
2
Lot width
—
Lot depth
—
Lot size
1.52 Acres
Year renovated
—
Sq. Ft.
1,296
Year built
1997
Style
Single Family Residential
County
Kennebec County
APN
572842
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 27, 2026.
Property details
Parking
Parking Information
Parking Features: Gravel, 1 - 4 Spaces
Interior
Bathroom Information
# of Baths (Full): 1
Room 1 Information
Type: Other Room 3
Level: First
Room 2 Information
Type: Other Room 2
Level: First
Room 3 Information
Type: Other Room
Level: First
Room 4 Information
Type: Bedroom 1
Level: First
Room 5 Information
Type: Bedroom 2
Level: Second
Room 6 Information
Type: Bedroom 3
Level: Second
Basement Information
Basement Entry: Unfinished
Interior Features
# of Rooms: 6
Flooring: Carpet
Exterior
Building Information
Construction Materials: Wood Frame, Vinyl Siding
Foundation Details: Pillar/Post/Pier
Roof: Shingle
Total Building Area (Sq. Ft.): 1,296
Building Area Source: Public Records
Exterior Features
Patio & Porch Features: Porch
Other Structures: Shed(s)
Property Information
Property Sub Type: Single Family Residence
Year Built: 1997
Above-Grade Finished Area (Sq. Ft.): 1,296
Lot Information
Lot Size (Sq. Ft.): $66,211.20
Lot Size (Acres): 1.52
Lot Size Source: Public Records
Lot Features: Near Golf Course, Near Public Beach, Near Town, Subdivided, Suburban, Level, Wooded
Road Surface Type: Paved
Zoning: No Zoning
Financial
Tax Information
Annual Tax Amount: $3,075.68
Tax Year: 2024
Utilities
Utility Information
Has Heating
Heating: Forced Air
Sewer: Private Sewer, Septic Tank
Water Source: Private
Water Heater: Other Water Heater
Location
Location Information
Unparsed Address: 515 S Monmouth Road, Monmouth, ME 04259
Directions: From Main St. in Monmouth, turn left onto Maple Street and travel for 3.2 miles. Turn right onto S Monmouth Road proceed . 2 miles. Property is on the right.
Public facts
Beds: 3
Baths: 1.0
Sq. Ft.: 1,296
Stories: 2.0
Lot Size: 1.52 acres
Style: Single Family Residential
Year Built: 1997
Year Renovated: —
County: Kennebec County
APN: 572842
Home facts updated by county records on Jul 27, 2026
Around this home
Schools
Monmouth Memorial School
Public PreK-8 • Assigned • 3.5mi
6/10
Monmouth Academy
Public 9-12 • Assigned • 3.3mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 91° expected this year, 16 days in 30 years
4/10 Wind Factor
13% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Monmouth, ME • 04259
Average low and high temperatures (°F)
28
10
31
10
43
24
54
35
65
45
77
54
82
59
80
54
73
48
61
39
47
30
33
14
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 7.9 hours in
June and 3.5 hours in December, placing it below the
U.S. average for solar exposure.
7.9 hrs
3.5 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$249,000 – $301,000
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