Single Family 2BR 1BA - 260 Pond Rd, Albion, ME
$72,500
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What this actually costs to close
- List price
- $72,500
- Est. closing costs
- $725 to $2,175
- Est. all-in
- $73,225 to $74,675
Closing costs run 1% to 3% and cover owner's title insurance, settlement or escrow fee, recording fees. Financing costs are excluded. Transfer tax is excluded: rates run 0% to 4%+ and who pays is set by local custom and negotiable.
BidProwl Summary
1960 built 2 bed, 1 bath single family house with 1,235 square feet on Pond Road in Albion, Maine, described as country location with galley kitchen and side deck, needing updates. Owner-occupants and fix-and-flip investors target these Fannie Mae HomePath properties for equity building or resale after renovation in rural commute areas. Verify actual condition on site since description lacks specifics on roof, foundation, systems, or damage, and note the 30-day investor waiting period and mandatory offer submission through HomePath portal.
AI summary of the seller's listing; it may occasionally contain inaccuracies. Check the full description and inspect before bidding.
Description from Fannie Mae HomePath
260 Pond Rd, Albion, ME 04910. 2 bed | 1 bath | 1,235 sq ft | built 1960. Here is a 2 bedroom home in the country yet an easy commute to Augusta or Waterville areas. Country location. One bath. Galley style kitchen. Spacious living room. Side deck. Update and build equity here! This is a Fannie Mae HomePath property.
Showing Instructions: BrokerBay; Mechanical Lockbox; Show Without Notice; Sign on Property
Internal Remarks/Contingency: 72 HOUR WAITING PERIOD FOR FIRST OFFERS. 30 DAY WAITING PERIOD FOR INVESTOR OFFERS. ALL OFFERS MUST BE MADE THROUGH THE HOMEPATH ONLINE OFFER SYSTEM AT www.homepath.fanniemae.com
Listing/Agent/Office Information
Property location
Albion, ME 04910
Open in Google MapsFannie Mae
Seller on Fannie Mae HomePath
Bedrooms: 2
Bathrooms: 1
Living Area: 1,235 sq ft
Year Built: 1960
Property Type: Single Family
Occupancy: Vacant
County: KENNEBEC COUNTY
