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Single Family ResidenceResidential
$485,910
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 80How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026

1640 ROUTE 3

PALERMO, ME 04354
0
Baths
118 ac
Lot SizeThe size of the land the home sits on, from county records.

Valuation

$486K
$387K low$584K high
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$276,710
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$221,368
Loan-to-ValueHow much is still owed on the home compared to what it is worth. 80% means loans equal 80% of our estimate, so it shifts when the estimate does.42%
1st MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$209,200
OPTIMA BK&TR · recorded Oct 20, 2015

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$3,330 (2024)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$289,600 (2024)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$101,200
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$188,400

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.159 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.51%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.1 percent flood zone

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyWALDO
Lot (acres)The size of the land the home sits on, from county records.118.00
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(2)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Palermo Consolidated SchoolB
Elementary · Grades KG–8 · 1.9 mi
H
Maine Arts AcademyB-
High · Grades 9–12 · 18.4 mi

District: Maine Arts Academy

Neighborhood · ZIP 04354These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.100
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.69
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.64

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.71%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.21%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.4.8%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.9%
PopulationHow many people live in this area.1,694
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.38 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$87,097
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$92,370
Average tempThe average temperature here across a full year.44°F
Annual precipHow much rain and melted snow falls here in a typical year.45 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.50%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Absentee owner
Company ownedWhether the owner is a company or trust rather than a person.Yes

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

1640 Route 3 measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 86% of homes in Palermo 04354
  • Among the largest lots in Waldo County

What homes are worth in Palermo 04354

Each bar is how many homes fall in that price range. The marker is this home.

This home
$65K$690K

This home is worth more than 86% of homes in Palermo 04354.

How it measures up in Palermo 04354

The dot is this home. The mark in the middle is the typical home in Palermo 04354.

Estimated value$485,910
CheaperTypical $302,827Pricier

Pricier than 86% of homes nearby

Lot size118 ac
SmallerTypical 4 acBigger

Bigger than 98% of homes nearby

How 1640 Route 3 ranks against every home in each area.
MeasureThis homePalermo 04354Waldo County
Estimated valuepricier than$485,91086% of homes81% of homes
Lot sizebigger than118 ac98% of homesalmost all homes

About 1640 Route 3

How much is 1640 Route 3, Palermo, ME worth?

The TopHap Estimate for 1640 Route 3, Palermo, ME is $485,910 as of Jul 14, 2026. The likely range is $387,336 to $584,484. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 1640 Route 3, Palermo, ME last sell?

1640 Route 3, Palermo, ME last sold on Jan 1, 1900, according to the county's recorded deed.

What schools serve 1640 Route 3, Palermo, ME?

1640 Route 3, Palermo, ME is assigned to Palermo Consolidated School (elementary), rated B; Maine Arts Academy (high), rated B-. All sit in Maine Arts Academy. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 1640 Route 3, Palermo, ME compare to other homes in Palermo 04354?

Among the 726 homes in Palermo 04354, it is worth more than 86% of them ($485,910 against a typical $302,827) and its lot is bigger than 98% of them (118 ac against a typical 4 ac). Measured against all of Waldo County, it is worth more than 81% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 1640 Route 3, Palermo, ME?

The 2024 property tax bill for 1640 Route 3, Palermo, ME was $3,330. The county assessed it at $289,600.

Closest homes

More homes in Palermo 04354

Assigned schools

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