Check out this old farmhouse in need of upgrades and repairs. It is nicely situated on 17 acres of land that is mostly wooded, and located on a quiet country road, with no other houses in sight. It's only minutes from Turner Mill Pond, Sheepscot Lake, and the Sheepscot River, which all offer great recreational and fishing opportunities. Go walking in the woods, cut your own firewood or go hunting in your back yard on your own piece of Maine vacation land.
Claim this home to receive a free report every month with insights on the changing estimate.
Market trends in 04358, ME
Last updated September 2026
Buyer's Market
Seller's Market
Seller's market
Sale-to-List Price
98.2%
+0.8% MoM
Median sale price
$415K
$10K MoM
Avg. days on market
43d
6 days MoM
Recently sold homes
17
3 MoM
Provided by Redfin
Sale history for 1006 Colby Rd
Date
Event
Price
MREIS #1504897
Dec 23, 2021
Sold
$50,000
$32/sq ft
Oct 21, 2021
Price Changed
$79,000
$51/sq ft
Sep 20, 2021
Price Changed
$95,000
$61/sq ft
Aug 12, 2021
Listed
$105,000
$68/sq ft
Year
Property tax
Land + Additions
Assessment*
2024
$886 (+4.6%)
$40,900 + $36,100
$77,000
2023
$847 (+4.8%)
$40,900 + $36,100
$77,000
2022
$808 (−47.9%)
$40,900 + $36,800
$77,700
2021
$1,550 (+2.2%)
$40,900 + $71,400
$112,300
2020
$1,516 (+1.5%)
$40,900 + $71,400
$112,300
2019
$1,494 (+4.8%)
$40,900 + $71,400
$112,300
2018
$1,426 (−5.2%)
$40,900 + $71,400
$112,300
2017
$1,505 (+1.6%)
$40,900 + $71,400
$112,300
2016
$1,482 (−0.8%)
$40,900 + $71,400
$112,300
2015
$1,494 (+4.8%)
$40,900 + $71,400
$112,300
2014
$1,426 (+19.4%)
$40,900 + $71,400
$112,300
2013
$1,194
$40,900 + $62,900
$103,800
Tax history for 1006 Colby Rd
Year
Property tax
Land + Additions
Assessment*
2024
$886 (+4.6%)
$40,900 + $36,100
$77,000
2023
$847 (+4.8%)
$40,900 + $36,100
$77,000
2022
$808 (−47.9%)
$40,900 + $36,800
$77,700
2021
$1,550 (+2.2%)
$40,900 + $71,400
$112,300
2020
$1,516 (+1.5%)
$40,900 + $71,400
$112,300
2019
$1,494 (+4.8%)
$40,900 + $71,400
$112,300
2018
$1,426 (−5.2%)
$40,900 + $71,400
$112,300
2017
$1,505 (+1.6%)
$40,900 + $71,400
$112,300
2016
$1,482 (−0.8%)
$40,900 + $71,400
$112,300
2015
$1,494 (+4.8%)
$40,900 + $71,400
$112,300
2014
$1,426 (+19.4%)
$40,900 + $71,400
$112,300
2013
$1,194
$40,900 + $62,900
$103,800
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
17 Acres
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Multi-Family (2-4 Unit)
County
Waldo County
APN
455669
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 3, 2025.
Property details
Parking
Parking Information
Parking Features: 1 - 4 Spaces, Gravel, On Site
Interior
Bathroom Information
# of Baths (Full): 1
Room 1 Information
Type: Living Room
Level: First
Room 2 Information
Type: Other Room
Level: First
Room 3 Information
Type: Bedroom 2
Level: Second
Room 4 Information
Type: Kitchen
Level: First
Room 5 Information
Type: Bedroom 3
Level: Second
Room 6 Information
Type: Laundry
Level: First
Room 7 Information
Type: Dining Room
Level: First
Room 8 Information
Type: Mud Room
Level: First
Room 9 Information
Type: Bedroom 1
Level: First
Basement Information
Basement Entry: Interior, Dirt Floor, Partial
Interior Features
# of Rooms: 9
Interior Features: 1st Floor Bedroom
Refrigerator, Electric Range, Dishwasher
Flooring: Wood, Tile, Laminate
Laundry Information
Laundry Features: 1st Floor Laundry, Main Level
Fireplace Information
# of Fireplaces: 1
Has Fireplace
Exterior
Building Information
Construction Materials: Wood Siding, Shingle Siding, Wood Frame
Foundation Details: Stone
Roof: Metal, Pitched
Total Building Area (Sq. Ft.): 1,549
Building Area Source: Public Records
Exterior Features
Patio & Porch Features: Glass Enclosed
Property Information
Property Sub Type: Single Family Residence
Year Built: 999
Above-Grade Finished Area (Sq. Ft.): 1,549
Lot Information
Lot Size (Sq. Ft.): $740,520
Lot Size (Acres): 17
Lot Size Source: Public Records
Lot Features: Rolling/Sloping, Wooded, Rural
Road Surface Type: Paved
Zoning: Rural
Financial
Tax Information
Annual Tax Amount: $1,516
Tax Year: 2020
Utilities
Utility Information
Has Heating
Heating: Stove, Forced Air
Electric: Circuit Breakers
Sewer: Septic Tank, Private Sewer
Water Source: Well, Private
Water Heater: Electric
Location
Location Information
Unparsed Address: 1006 Colby Road, Palermo, ME 04354
Directions: From South China, take Rte. 32 South, turn left onto Weeks Mills Rd. , stay on on it through the village, continue onto Deer Hill Rd. which becomes Lane Rd. , then becomes Winding Hill Rd. , then becomes Colby Rd. Property is on right, look for sign.
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 17 acres
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: Waldo County
APN: 455669
Home facts updated by county records on Sep 3, 2025
Around this home
Schools
Palermo Consolidated School
Public K-8 • Assigned • 3.4mi
6/10
Maine Arts Academy School
Charter 9-12 • Assigned • 12.5mi
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 92° expected this year, 16 days in 30 years
4/10 Wind Factor
18% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Palermo, ME • 04354
Average low and high temperatures (°F)
28
12
32
12
43
26
53
36
65
46
76
56
81
61
80
56
73
51
61
42
48
32
33
17
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 7.7 hours in
June and 3.3 hours in December, placing it below the
U.S. average for solar exposure.
7.7 hrs
3.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$176,000 – $213,000
Sell confidently with a local market expert in Palermo. 3 minutes to get started.