487 Penobscot Avenue, Millinocket, ME 04462
Property image
Property image
OFF MARKET

$163,200

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,509 sqft (on 0.25 acres)

487 Penobscot Avenue, Millinocket, ME 04462

Refinance Your Home
Currently Off Market - Sold Sep 29, 2023 for $142,000

Home Value

Trulia Estimate
$163K
Since last month
Decreased$11K (-6.5%)
Since last year
Decreased$10K (-5.8%)
Since last sale
Increased$18K (+12.8%)
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 +295% in the last 10 years
MonthEstimated value
2026
August 2026$160K
July 2026$171K
June 2026$171K
May 2026$170K
April 2026$163K
March 2026$164K
February 2026$164K
January 2026$170K
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
16 North Terrace, Millinocket, ME
0.15
Single-Family Home
$160,000
10/15/25
5
2
1,490
131 Maine Avenue, Millinocket, ME
0.24
Single-Family Home
$150,000
07/31/26
4
1.5
1,792
158 Highland Avenue, Millinocket, ME
0.23
Single-Family Home
$223,000
10/23/25
3
2
1,855
121 Bates Street, Millinocket, ME
0.30
Single-Family Home
$182,000
06/29/26
3
1.5
1,518
17 Bates Street, Millinocket, ME
0.21
Single-Family Home
$170,000
06/30/26
4
1
1,512
433 Aroostook Avenue, Millinocket, ME
0.17
Single-Family Home
$189,900
09/12/25
3
1
1,296
35 Canyon Drive, Millinocket, ME
0.62
Single-Family Home
$170,000
09/05/25
3
1.5
1,498
22 Colony Place, Millinocket, ME
0.67
Single-Family Home
$160,000
05/08/26
3
1.5
1,512
66 Kelley Lane, Millinocket, ME
0.63
Single-Family Home
$169,000
12/15/25
3
2
1,350

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
51 East Terrace, Millinocket, ME 04462
0.05
$234,500
3
1.5
1,368
Off Market
39 East Terrace, Millinocket, ME 04462
0.05
$249,100
3
1.5
986
Off Market
499 Aroostook Avenue, Millinocket, ME 04462
0.02
$131,000
3
2.5
1,200
For Sale
56 Bowdoin Street, Millinocket, ME 04462
0.07
$143,800
3
1
1,164
Off Market
26 East Terrace, Millinocket, ME 04462
0.07
$132,300
4
1
1,225
Off Market
459 Penobscot Avenue, Millinocket, ME 04462
0.04
$224,800
3
2.5
1,689
Off Market
72 East Terrace, Millinocket, ME 04462
0.10
$119,000
4
2
1,625
Recently Sold
74 East Terrace, Millinocket, ME 04462
0.11
$166,000
4
1.5
1,338
Off Market
231 Highland Avenue, Millinocket, ME 04462
0.10
$161,400
4
1.5
1,655
Off Market
90 East Terrace, Millinocket, ME 04462
0.14
$179,900
3
1
1,558
For Sale
477 Aroostook Avenue, Millinocket, ME 04462
0.08
$119,900
3
1
1,300
Off Market

Local Information

  • Map ViewExplore the area around 487 Penobscot Avenue.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1940
Lot Size
0.25 acres
Living Area
1,509 sqft
Price/Sqft
$108
Last check for updates: about 14 hours ago
Listed by NextHome Experience
Bought with: NextHome Experience
Source: Maine Listings, MLS#1558250

About this House

Spacious colonial home with 3 bedrooms, 2 bathrooms, and a large back yard on a quarter acre lot. Property is being sold with both lots 18 & 18A (see documents) making this a waterfront property on Millinocket Stream. 0.5 miles from downtown, 0.2 miles from Stearns Jr./Sr. High School, 22 miles from Baxter State Park. Several ATV/snowmobile trails close-by. This home also has an unfinished third floor that opens up lots of potential for additional bedrooms and a bathroom.
487 Penobscot Avenue, Millinocket, ME 04462 is a 3 bedroom, 2 bathroom, 1,509 sqft single-family home built in 1940. It last sold for $142,000 on Sep 29, 2023 (5% below the $149,900 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $163,200, with a rent estimate of $1,902/month.

Home Details for 487 Penobscot Avenue

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Interior Entry,Full,UnfinishedNumber of Rooms: 7Types of Rooms: Primary Bedroom, Bedroom 1, Bedroom 2, Dining Room, Kitchen, Living Room, Mud Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1509 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, WasherDishwasherDryerMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Baseboard,Hot WaterNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Baseboard
Fireplace & Spa
No Fireplace
Gas & Electric
Electric: Circuit Breakers
Windows, Doors, Floors & Walls
Flooring: Laminate, Wood
Levels, Entrance, & Accessibility
Floors: Laminate, Wood

Exterior Features

Exterior Home Features
Roof: ShinglePatio / Porch: Deck, PorchNo Private Pool
Parking & Garage
No CarportNo GarageNo Attached GarageParking: Paved,1 - 4 Spaces,On Site,Off Street
Frontage
WaterfrontRoad Surface Type: PavedOn Waterfront
Water & Sewer
Sewer: Public SewerWater Body: Millinocket Stream
Farm & Range
Frontage Length: Waterfrontage: 49.6, Waterfrontage Owned: 49.6
Finished Area
Finished Area (above surface): 1509 Square Feet

Property Information

Year Built
Year Built: 1940
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Colonial
Building
Construction Materials: Wood Frame, Vinyl Siding

Price & Status

Price
List Price: $149,900
Status Change & Dates
Off Market Date: Sun Aug 27 2023

Location

Direction & Address
City: Millinocket

Building

Building Area
Building Area: 1509 Square Feet

Lot Information

Lot Area: 10890 sqft

Miscellaneous

BasementMls Number: 1558250Above Grade Unfinished Area: 1509

Price and Tax history

DateEventPrice
Sep 29, 2023
Source: Maine Listings #1558250
Sold
$142,000
Aug 30, 2023
Source: NextHome #1558250
Pending
$159,900
Aug 27, 2023
Source: Maine Listings #1558250
Contingent
$149,900
Aug 18, 2023
Source: Maine Listings #1558250
PriceChange
$149,900
Price decreased by 6%
Aug 4, 2023
Source: Maine Listings #1558250
PriceChange
$159,900
Price decreased by 3%

Market trends in Millinocket

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
51
6MoM

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 Millinocket

At least 11 Trulia users voted on each feature.

  • 95 % Say parking is easy

  • 93 % Say yards are well-kept

  • 93 % Say it's walkable to restaurants

  • 91 % Say it's dog friendly

  • 88 % Say it's walkable to grocery stores

  • 82 % Say car is needed

  • 81 % Say kids play outside

  • 74 % Say they plan to stay for at least 5 years

  • 70 % Say there's holiday spirit

  • 67 % Say people would walk alone at night

  • 66 % Say neighbors are friendly

  • 65 % Say it's quiet

  • 56 % Say there are sidewalks

  • 54 % Say there's wildlife

  • 50 % Say streets are well-lit

  • 38 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Newburytd
    "marathon, canoe festival, old home days,fourth of July celebrations street dances, drive in car shows"
    8
    Flag
  • Newburytd
    "In my opinion I wouldn't have wanted to raise my children anywhere else, everyone looks out for each other and our kids,, its clean, a lot of nature around us, and "
    4
    Flag

LGBTQ Local Legal Protections

Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.
Zillow Inc. 415 Congress St #202 Portland, ME 04101 206-424-8443

Frequently asked questions about 487 Penobscot Avenue

  • What is 487 Penobscot Avenue estimated to be worth?
    Trulia's estimated value for 487 Penobscot Avenue in Millinocket, ME is $163,200.
  • What is the price history for 487 Penobscot Avenue?
    487 Penobscot Avenue in Millinocket, ME last sold for $142,000 in September 2023.
  • Is Millinocket a buyer's or seller's market?
    Millinocket is currently a buyer's market, based on recent for-sale activity.
  • What do residents say about Millinocket?
    Residents describe Millinocket, ME as easy to park in, well-kept, and walkable to restaurants. See recently sold homes in Millinocket, ME.
  • Does 487 Penobscot Avenue have laundry facilities?
    Yes, 487 Penobscot Avenue in Millinocket, ME has in-unit laundry.
  • How big is the lot at 487 Penobscot Avenue?
    The lot at 487 Penobscot Avenue in Millinocket, ME is about 0.25 acres (10,890 sq ft).

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