NOT LISTED FOR SALE

1 Terrace Way Rangeley Plantation, ME 04970

2 Beds
1 Bath
396 Sq Ft
1.6 Acres

Last Sold September 28, 2018

Last sale price $140,000 $354 Per Sq Ft

37 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Ski Resort
  • Country Club
  • 360 Feet of Waterfront
  • Docks
  • Deck

About This Home

As of September 2018

Cabin #1 at the Rangeley Terraces. Enjoy all the joys of lake life! Great big deck overlooking Rangeley Lake. 2 BRs, 1 BA cabin. Conveying a corporation share of the well-run Rangeley Terraces LLC. Brand new roof. Many upgrades, expansive deck, landscaping. Yearly assn fee/$2800 pays for taxes, insurance, grounds maintenance, internet, electric. Westerly sunsets, fire pits, 3 docks, 360' of lake front, private mooring. Great swimming & fishing. Be on the big lake at a small cost. Adorable, cozy cabin. A jewel of a camp! Cottage community of 7 cabins. Great rental history. New roof & windows. Currently 3 season use but could be converted to year-round. Beautiful docks, shared boathouse and grounds. No maintenance. Yearly fees cover all expenses! Cute as a button!!! Outstanding cabin! Spectacular view. Priced to sell. Call today for a showing.

Last Agent to Sell the Property

Carolyn Smith

Morton & Furbish Agency Listed on: 07/13/2018

Last Buyer's Agent

Carolyn Smith

Morton & Furbish Agency Listed on: 07/13/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $560

Year Built

  • Built in 1950

Lot Details

  • 1.6 Acre Lot
  • 360 Feet of Waterfront
  • Lake Front
  • Rural Setting
  • Seasonal Access to Property
  • Landscaped
  • Open Lot
  • Lot Has A Rolling Slope
  • Property is zoned shoreland

HOA Fees

  • $225 Monthly HOA Fees

Property Views

  • Water
  • Scenic Vista
  • Mountain

Home Design

  • 396 Sq Ft Home
  • Cottage
  • Camp Architecture
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Kitchen

  • Gas Range
  • Microwave
  • Formica Countertops

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Parking

  • Common or Shared Parking
  • Gravel Driveway
  • Shared Driveway
  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Deeded Waterfront Access Rights
  • Deep Water Access
  • Mooring
  • Docks
  • Deck

Location

  • Property is near a golf course

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window
  • Water Heated On Demand
  • Private Sewer
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 12Terrace WayRangeley295

Community Details

Overview

  • Rangeley Terraces Llc Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Country Club
  • Ski Resort

Home Details

Home Type

Single Family

Est. Annual Taxes

$560

Year Built

Built in 1950

Lot Details

0

HOA Fees

$225 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.6
  • Road Surface Type: Paved
  • Water Body Name: Rangeley
  • MLS Status: Closed
  • Subdivision Name: Rangeley Terraces LLC
  • Directions: From Rangeley, Go south on RT4 for 2.5 miles. Look for Terraces sign on right. when in the parking lot, cabin is first one on the left when looking at the 3 cabins below.
  • Above Grade Finished Sq Ft: 396.0
  • Architectural Style: Camp, Cottage
  • Garage Yn: No
  • Year Built: 1950
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: Yes
  • Property Information:Lot Size Acres -: 1.6
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 396.0
  • Property Information:Garage: No
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Appliances Included:Microwave: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Water Heater:On Demand: Yes
  • Location Information:Association Fee: 2700.0
  • Location Information:Fee Frequency Paid: Annually
  • Driveway:Common2: Yes
  • Parking:On Site2: Yes
  • Exterior:Wood Siding: Yes
  • Foundation Materials:PillarPostPier: Yes
  • Sewer:Private Sewer: Yes
  • Location:Rural: Yes
  • Water Info:Waterfront Amount -: 360.0
  • Water Info:Water Frontage Owned -: 360.0
  • Recreational Water:Deeded: Yes
  • Recreational Water:Waterfront Deep: Yes
  • Style:Cottage: Yes
  • Driveway:Gravel: Yes
  • Site:RollingSloping: Yes
  • Style:Camp: Yes
  • Property Information:Deed Restrictions: Yes
  • Appliances Included:Gas Range: Yes
  • Kitchen Countertop:Formica: Yes
  • View:Scenic: Yes
  • Location:Near Country Club: Yes
  • Heat System:Direct Vent Heater: Yes
  • View:Mountain(s): Yes
  • Recreational Water:Dock: Yes
  • Location:Ski Resort: Yes
  • Equipment:DSL: Yes
  • Recreational Water:Boat Mooring: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Microwave, Gas Range
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: 1st Floor Bedroom
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Open Lot, Rolling Slope, Landscaped, Near Golf Course, Near Shopping, Rural, Ski Resort
  • View: Mountain(s), Scenic
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel, Common, On Site, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 2700.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 69696.0
  • Parcel #: 12Terrace WayRangeley295
  • Zoning: shoreland

Tax Info

  • Tax Annual Amount: 560.0
  • Tax Book Number: 2466
  • Tax Lot: 5
  • Tax Map Number: 29
  • Tax Year: 2016

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2018 09/28/18 Sold $140,000 -1.4% $354 / Sq Ft
08/20/2018 08/20/18 Pending -- -- --
07/13/2018 07/13/18 For Sale $142,000 -- $359 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Carolyn Smith

    Seller's Agent in 2018

    Carolyn Smith

    Morton & Furbish Agency

    (207) 491-5800

    167 Total Sales

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Map

Source: Maine Listings

MLS Number: 1361050

Maine Listings

Maine Franklin County Rangeley 04970

1 Terrace Way, Rangeley, ME

This home is located at 1 Terrace Way, Rangeley Plantation, ME 04970 since 13 July 2018. This property was built in 1950. 1 Terrace Way is a home located in Franklin County with nearby schools including Rangeley Lakes Regional School.

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