370 Hoffman Shr, Palermo, ME 04354
Property image
Property image
OFF MARKET

$450,800

Trulia Estimate
  • 2 Beds
  • 1.5 Baths
  • 1,100 sqft (on 10 acres)

370 Hoffman Shr, Palermo, ME 04354

Est. Refi. Payment $2,801/mo*
Refinance Your Home
Currently Off Market - Sold Mar 1, 2017 for $218,500

Home Value

Trulia Estimate
$451K
Since last month
Decreased$2K (-0.4%)
Since last year
Decreased$3K (-0.6%)
Since last sale
Increased$233K (+106.7%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +115% in the last 10 years
MonthEstimated value
2026
August 2026$452K
August 2026$451K
July 2026$453K
June 2026$454K
May 2026$456K
April 2026$450K
March 2026$445K
February 2026$434K
January 2026$428K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
370-368 Varney Shore, Palermo, ME
0.54
Single-Family Home
$257,750
09/26/25
2
1
724
421 Cain Hill Road, Palermo, ME
1.85
Single-Family Home
$270,000
10/17/25
2
1
1,008
3150 Turner Ridge Road, Somerville, ME
1.98
Single-Family Home
$165,000
03/17/26
2
1
901
421 Cain Hl, Palermo, ME
1.85
Single-Family Home
$270,000
10/20/25
2
1
864
241 Parmenter Road, Palermo, ME
1.94
Single-Family Home
$405,000
11/05/25
3
1.5
972
1 Loon Cv, Palermo, ME
1.31
Single-Family Home
$765,000
10/17/25
3
1.5
1,700
120 Bushey Shores Road, Palermo, ME
1.75
Single-Family Home
$425,271
06/26/26
3
2
1,880
459 Howell Shore Road, Palermo, ME
1.84
Single-Family Home
$340,000
10/31/25
3
1
1,350
65 Snowberry Lane, Palermo, ME
1.97
Single-Family Home
$391,000
11/25/25
3
2.5
2,240
45 Snowberry Lane, Palermo, ME
1.97
Single-Family Home
$355,000
06/26/26
3
2.5
2,240

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
355 Turner Ridge Road, Palermo, ME 04354
0.32
-
-
-
-
Off Market
370-368 Varney Shore, Palermo, ME 04354
0.54
$263,800
2
1
724
Off Market
Lot 25 Turner Ridge Road, Palermo, ME 04354
0.70
-
-
-
-
Off Market
10 Sandy Cove, Palermo, ME 04354
0.78
$442,300
3
2
1,872
Off Market
40 Sandy Cove, Palermo, ME 04354
0.82
$481,400
3
2
1,778
Off Market
25 Sandy Cove, Palermo, ME 04354
0.83
$468,400
4
2
2,146
Off Market
319 Bald Head Island W, Palermo, ME 04354
0.87
$530,800
3
1.5
1,200
Off Market
323 Bald Head Island West Road, Palermo, ME 04354
0.88
$479,600
3
1.5
1,249
Off Market
450 Leeman Arm Road, Palermo, ME 04354
0.87
$495,700
1
2
800
Off Market
149 Bald Head Island West Island W, Palermo, ME 04354
0.92
$686,200
3
2
1,936
Off Market
357 Bald Head Island W, Palermo, ME 04354
0.93
$540,800
2
1
1,664
Off Market
112 Turner Ridge Road, Palermo, ME 04354
0.93
$371,600
2
1
1,100
Off Market

Local Information

  • Map ViewExplore the area around 370 Hoffman Shr.
  • Schools1 Elementary School1 Middle School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 2004
10 acre lot
1,100 sqft
$410/sqft
Garage

About this House

This single-family home is located at 370 Hoffman Shr, Palermo, ME. 370 Hoffman Shr is in Palermo, ME and in ZIP code 04354. This property has 2 bedrooms, 2 bathrooms and approximately 1,100 sqft of floor space. This property has a lot size of 10.00 acres and was built in 2004.
370 Hoffman Shr, Palermo, ME 04354 is a 2 bedroom, 2 bathroom, 1,100 sqft single-family home built in 2004. It last sold for $218,500 on Mar 1, 2017. More recently, it was listed as a rental in August 2015 with an asking price of $1,300 per month. That rental listing was removed on September 10, 2015. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $450,800, with a rent estimate of $1,718/month.

Home Details for 370 Hoffman Shr

Interior Features

Heating & Cooling
Heating: RadiantHeating Fuel: Radiant
Interior Details
Types of Rooms: Family Room
Appliances & Utilities
DishwasherDryerWasher
Levels, Entrance, & Accessibility
Floors: Hardwood

Exterior Features

Exterior Home Features
Roof: Metal
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 2004
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 10.00 acres

Price and Tax history

DateEventPrice
Mar 1, 2017
Source: Maine Listings #1253220
Sold
$218,500
Dec 8, 2016
Source: Agent Provided
Pending
$219,000
Aug 27, 2016
Source: Agent Provided
PriceChange
$219,000
Price decreased by 6%
Jul 26, 2016
Source: Agent Provided
PriceChange
$234,000
Price decreased by 6%
May 19, 2016
Source: Agent Provided
PriceChange
$249,000
Price decreased by 4%

Market trends in Palermo

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
17
2MoM

Around this home

View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Palermo

At least 3 Trulia users voted on each feature.

  • 100 % Say car is needed

  • 100 % Say there's wildlife

  • 100 % Say parking is easy

  • 90 % Say neighbors are friendly

  • 80 % Say they plan to stay for at least 5 years

  • 75 % Say there's holiday spirit

  • 75 % Say people would walk alone at night

  • 67 % Say it's dog friendly

  • 67 % Say kids play outside

  • 60 % Say yards are well-kept

  • 50 % Say there are community events

  • 50 % Say it's quiet

  • 25 % Say streets are well-lit

Sourced by Trulia users. Learn more about our methodology.
  • Ambergebers
    "I’ve lived in this area for a year, I don’t know any of my neighbors. They all keep to themselves and haven’t welcomed us to the community since we are “outsiders”."
    2
    Flag
  • Jb4ever9102
    "I've lived in this town for 10 years, it's a nice town, friendly people ect. School system is pretty good, since it's small kids get more of a one on one with teachers. Overall nice quiet town "
    1
    Flag
  • Lynn r.
    "This is a very friendly area. Great area for boating and fishing, minutes from 3 lakes and a state park. 5 minute drive to nearest grocery store. A couple excellent restaurants in the area. Only 20 miles to the ocean! "
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 370 Hoffman Shr

  • What is 370 Hoffman Shr estimated to be worth?
    Trulia's estimated value for 370 Hoffman Shr in Palermo, ME is $450,800.
  • What is the price history for 370 Hoffman Shr?
    370 Hoffman Shr in Palermo, ME last sold for $218,500 in March 2017.
  • Is Palermo a buyer's or seller's market?
    Palermo is currently a buyer's market, based on recent for-sale activity.
  • What are the closest schools to 370 Hoffman Shr?
    The closest schools to 370 Hoffman Shr in Palermo, ME are Palermo Consolidated School (Elementary/Middle, rated 6/10).
  • Does 370 Hoffman Shr have laundry facilities?
    Yes, 370 Hoffman Shr in Palermo, ME has in-unit laundry.
  • How big is the lot at 370 Hoffman Shr?
    The lot at 370 Hoffman Shr in Palermo, ME is about 10 acres.

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