NOT LISTED FOR SALE

1 Arab Rd Lee, ME 04455

Estimated Value: $246,313 - $312,000

4 Beds
1.5 Baths
2,052 Sq Ft
$135/Sq Ft Est. Value

Last Sold February 03, 2023

Last sale price $207,000 $101 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,663/month

10 Days on Market

Highlights

  • Nearby Water Access
  • Deck
  • Attic
  • Colonial Architecture
  • Wood Flooring
  • Sun or Florida Room

About This Home

As of February 2023

Historic 1850's style home that has been meticulously cared for by the same family for over 160 years. Situated on an in town oversized corner lot with plenty of space, beautiful flower gardens and landscaped nicely. This home features many updates over the years to keep up with today standards. Newer Boiler, Siding, Roof, paint and many others! Inside you will find 4 bedrooms up with a bathroom upstairs and down. Spacious living room leads into the 4 season porch with plenty of light! Lee is friendly town with aprox 900 residents. Harris take out, Mt Jefferson Ski area, Lee Academy, Mt Jefferson Middle school, and Raymond's store and diner all within walking distance. Tons of out door opportunities include Hunting, Fishing, ATVing, Snowmobiling, Hiking and much more. Coles landing on silver lake offers a public beach and boat landing with hiking trails. Great place to cool off on those hot summer days. Silver lake has an excellent Bass fishery and is well know for being spring fed and its crystal clear water. ATV legally right from your property. No trailers needed!

Last Agent to Sell the Property

Alan Staples

Acres Away, Inc. Listed on: 11/28/2022

Last Buyer's Agent

Chelsea Ireland

Realty of Maine

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,958

Year Built

  • Built in 1860

Lot Details

  • 0.64 Acre Lot
  • Rural Setting
  • Landscaped
  • Level Lot
  • Open Lot
  • Property is zoned See Town

Home Design

  • Colonial Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,052 Sq Ft Home
  • Fireplace Features Blower Fan
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Attic

Kitchen

  • Electric Range
  • Stove
  • Microwave

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level

Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Nearby Water Access
  • River Nearby
  • Deck
  • Enclosed Glass Porch

Location

  • City Lot

Utilities

  • No Cooling
  • Radiator
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Heat Pump System
  • Heating System Uses Steam
  • Natural Gas Not Available
  • Private Water Source
  • Well
  • Private Sewer

Community Details

  • No Home Owners Association
  • Community Storage Space

Listing and Financial Details

  • Tax Lot 004
  • Assessor Parcel Number LEEX-000021-000000-000004

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,958

Year Built

Built in 1860

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.64
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: GPS
  • Above Grade Finished Sq Ft: 2052.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Year Built: 1860
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 101.85
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.64
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2052.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Storage: Yes
  • Exterior:Vinyl Siding: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Heat System:Steam: Yes
  • Style:Colonial: Yes
  • Sunroom:Sunroom: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Amenities:Attic: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Recreational Water:RiverBrookStream: Yes
  • Heat Fuel:Wood2: Yes
  • Location:Rural: Yes
  • Water:Private2: Yes
  • Water:Well Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Heat System:Radiator: Yes
  • Laundry Room:Laundry Room: Yes
  • Heat System:Blowers: Yes
  • Water Heater:Heat Pump2: Yes
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Advertising Remarks:Advertising Remarks: Historic 1850's style home that has been meticulously cared for by the same family for over 160 years. Situated on an in town oversized corner lot with plenty of space, beautiful flower gardens and landscaped nicely. This home features many updates over the years to keep up with today standards. Newer Boiler, Siding, Roof, paint and many others! Inside you will find 4 bedrooms up with a bathroom upstairs and down. Spacious living room leads into the 4 season porch with plenty of light! Lee is friendly town with aprox 900 residents. Harris take out, Mt Jefferson Ski area, Lee Academy, Mt Jefferson Middle school, and Raymond's store and diner all within walking distance. Tons of out door opportunities include Hunting, Fishing, ATVing, Snowmobiling, Hiking and much more. Coles landing on silver lake offers a public beach and boat landing with hiking trails. Great place to cool off on those hot summer days. Silver lake has an excellent Bass fishery and is well know for being spring fed and its crystal clear water. ATV legally right from your property. No trailers needed!
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator, Microwave, Electric Range
  • Has Basement: Full, Exterior Entry, Bulkhead, Interior Entry
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Attic, Storage
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Bedroom 4 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: Second
  • Laundry Room Laundry Room Level: First

Exterior Features

  • Lot Features: Level, Open Lot, Landscaped, Intown, Rural
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Patio And Porch Features: Deck, Glass Enclosed, Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove, Steam, Radiator, Blowers
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 27878.4
  • Parcel #: LEEX-000021-000000-000004
  • Zoning: See Town

Tax Info

  • Tax Annual Amount: 1958.0
  • Tax Lot: 004
  • Tax Year: 2021

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2022
Closed on
Feb 3, 2023
Sold by
Smith Suzanne M
Bought by
Valentino Joanne M
Seller's Agent
Alan Staples
Acres Away, Inc.
Buyer's Agent
Chelsea Ireland
Realty of Maine
List Price
$209,000
Sold Price
$207,000
Premium/Discount to List
-$2,000
-0.96%
Current Estimated Value
$276,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,328
Avg. Annual Appreciation
10.21%
Original Mortgage
$213,500
Outstanding Balance
$205,772
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$70,556

Purchase Details

Closed on
Jan 23, 2006
Sold by
Mcgaw Karl Est and Mallett
Bought by
Smith Suzanne M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Valentino Joanne M $207,000 None Available
Valentino Joanne M $207,000 None Available
Valentino Joanne M $207,000 None Available
Valentino Joanne M $207,000 None Available
Valentino Joanne M $207,000 None Available
Smith Suzanne M -- --
Smith Suzanne M -- --
Smith Suzanne M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valentino Joanne M $213,500
Closed Valentino Joanne M $213,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/03/2023 02/03/23 Sold $207,000 -1.0% $101 / Sq Ft
11/28/2022 11/28/22 For Sale $209,000 -- $102 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,788 $172,100 $19,600 $152,500
2023 $2,350 $134,300 $15,300 $119,000
2022 $2,085 $106,900 $12,100 $94,800
2021 $1,958 $95,500 $10,800 $84,700
2020 $2,102 $88,500 $10,000 $78,500
2019 $2,005 $88,500 $10,000 $78,500
2018 $1,960 $94,900 $10,000 $84,900
2016 $1,867 $95,000 $10,000 $85,000
2014 $1,878 $95,100 $10,000 $85,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1548881

Maine Listings

APN: LEEX-000021-000000-000004