Maine Home Walk to K-12 Schools House for Sale in Maine Pellet Heat Lge Barn/Garage Luxury & Spacious Low Taxes Start Price USD 1,000.00 Current Price USD 71,100.00 Time Left - Bid Count 29 Buy It Now Price USD 189,500.00 Reserve Price - Start Time Saturday, October 04, 2008 End Time Saturday, November 01, 2008 Location Hampden, Maine See more about 'Maine Home Walk to K-12 Schools House for Sale in Maine' Description HISTORIC HOME - MAINE - WALK TO K-12 SCHOOLS            3,800 Square Feet Including 2 Story Garage - Living Space 2800 Sq. Ft.            4 Bedrooms   3.5 Baths   Wood Pellet Furnace   Forced Hot Air                                           Town Water & Sewer   STATE OF THE ART NEW HIGH SCHOOL WITH PERFORMING ARTS CENTER FOR SCHOOL AND COMMUNITY RECENTLY APPROVED BY VOTERS W/$45 MILLION OF $51 MILLION A GRANT FROM STATE OF MAINE. COMPLETION IN 3 YEARS AS MAINE'S NEWEST AND FINEST     EASY WALK TO EXCELLENT PUBLIC ELEMENTARY, MIDDLE AND HIGH SCHOOLS.   GRADUATES OF THE HIGH SCHOOL ATTEND SOME OF THE NATION'S FINEST UNIVERSITIES AND VOCATIONAL/TECHNICAL SCHOOLS   THE EXCELLENCE OF THE PUBLIC SCHOOLS AT ALL LEVELS DOES AWAY WITH THE EXTRAORDINARY EXPENSE OF PAYING FOR PRIVATE SCHOOLING   THIS UNDERMARKET VALUE HOME AND LAND, IF LOCATED IN UPSCALE SUBURBS OF BOSTON, NEW YORK, LOS ANGELES, DALLAS OR ATLANTA COULD BE VALUED AT $1 MILLION   Why not Hampden, Maine?   Value Discussion: The living space of the home is 2,811 square feet. With an assumed sale price of $188,000, the per square foot "cost" would be $67/s.f.  To build a new home in Hampden, Maine, the cost (including land and utility hook up) would be minimally $125/s.f. To build a new home of 2,811 s.f. living space would therefore cost $351,000.  If you had to duplicate the 4 panel solid wood doors, mouldings, inside wood shutters, 9" baseboards,high ceilings, wrap around bannister, and other uniqe features, the figure would exceed $160/s.f. When you add the basement, attic, and 2-story garage there is an additional 2,875 s.f. of "usable" space. Add that to the 2,811 s.f. of "living space" and your total available space  is 5,685 s.f. - plenty of room for ambling around and storage! You do the math and you'll see the inherent value of this historic home.   This analysis is financial only. What is the value of location in a rather unique small-town (6,000 people) suburb of Bangor, Maine with all the nearby conveniences, culturual advantages, accessibility to travel, and public schools at all levels within walking distance that will give a child a superior head start in life?     Mom and Dad are freed-up from daily driving to school for classes, activities and sports.   Easy access and convenience to major supermarkets, shopping malls hospitals, cinema, opera, restaurants, universities and colleges, international airport, and sporting events   Just a 10 minute drive to well-known neighboring town of Bangor            CAN BE YOURS NOW FOR $189,500       This early Colonial home, built in 1851, and beautifully restored, is situated across the Street from The Hampden Historical Society which supervises the former law office of Hannibal Hamlin, Abraham Lincoln's second Vice President. As a young man, Hamlin practised law in Hampden.  A well-manicured lawn is part of a spacious acre of land+ (43,560 square feet) . The 10 room home has many appealing features, including large formal dining room, first floor bedroom,  pantry in kitchen, recreation room, mud room, separate office for home business, upstairs den and kitchen suitable to accomodate an in-law. Recently installed are a new 25 year warranty roof,  New Pellet Furnace, and newly paved driveway. On demand gas heated hot water system achieves significant  utility savings.   Sale will include washer, dryer, gas range, large refrigerator.    A warranty deed includes 1+ acres of land bordered by a century old stone wall.   An opportunity to live in comfortable in-town surroundings or purchase the home at a bargain price as an investment rental property.   Hampden is 2 hours by car from Portland, and 4 hours from Boston. The Bangor International Airport is a gateway to reach any city in the US, Europe or Asia.   A quiet town, easily accessible to urban shopping, health facilities, and cultural amenities, Hampden presents a highly sought after community. The home has convenient proximity to coastal water sports and recreation, and to inland hunting and fishing expeditions.   Rare Value, Spacious &Tranquil Accomodations       Please Note: 1. THIS IS AUCTION WITH RESERVE. If the reserve price is not reached or met, Seller is under no obligation to sell to the highest bidder.   Offering is subject to prior sale outside of Ebay where another purchaser enters into a written contract.     Winning bidder, to be satisfied, has 3 days to inspect property, review documents, & sign a binding contract .        Photograph Descriptions: 1. Home Front   2.  Two story Garage/barn      3.  Home Side View  4.  Home Rear View  5.  Dining Room  6.  Living Room   7.  Downstairs Bedroom  8.  Upstairs Bedroom  9.  Upstairs Rec./Bedroom 10.  Upstairs Addit. Bedroom  11.  Downstairs Office  12.  Upstairs Kitchen for in-law etc.     - Measurements of all rooms, attic, basement and garage can be provided     upon receiving email address of inquirer. Place a Bid!