Seller's Agent in 2024
Laura Dionne
Keller Williams Realty
(207) 228-3450
4 in this area
126 Total Sales
10 Pickerel Rd Madison, ME 04950
Estimated Value: $153,000 - $214,000
1
Bed
1
Bath
648
Sq Ft
$287/Sq Ft
Est. Value
Highlights
- Deeded Waterfront Access Rights
- Docks
- Wood Flooring
- 400 Feet of Waterfront
- Public Beach
- Attic
About This Home
As of June 2024Welcome to the Westman Cottage, a delightful piece of history nestled in Lakewood Estates on the serene shores of Lake Wesserunsett. This cozy antique bungalow, once a haven for actors and actresses performing at the Lakewood Theater in the 1920s and 1930s, offers a unique blend of historic charm and modern comfort. Step into a bygone era with many original details preserved, including the original wood-burning fireplace and hardwood floors. A framed photo of Mrs. Westman, the cottage's namesake, graces the mantle, adding a personal touch to the living room. The lot size is generous for this community, and includes a spacious backyard and an 8x12 shed. Lakewood is home to the longest continuously running theater in the country, with the historic theater and onsite restaurant providing a cultural and culinary hub for residents and visitors alike. Enjoy the public beach and common area dock, offering easy access to Lake Wesserunsett for swimming, boating, and lakeside relaxation. The community is known for its friendly, welcoming atmosphere, making it an ideal retreat during the summer months. Golf enthusiasts will appreciate the golf course located just across the street, providing a perfect way to spend leisurely afternoons. Whether you're seeking a summer getaway or a second home for occasional visits to Maine, this is a unique and affordable opportunity to own a piece of history in a picturesque lakeside community. Embrace the enchantment of the past while enjoying the comforts of today at the Westman Cottage. All furnishings convey and also include canoe, bikes, and life jackets. Showings to begin immediately, seller will review offers as they come in.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,461
Year Built
- Built in 1923
Lot Details
- 6,970 Sq Ft Lot
- 400 Feet of Waterfront
- Lake Front
- Property fronts a private road
- Road Access Is Seasonal
- Dirt Road
- Public Beach
- Seasonal Access to Property
- Level Lot
- Property is zoned Res Rural
HOA Fees
- $42 Monthly HOA Fees
Parking
- No Driveway
Home Design
- Cottage
- Pillar, Post or Pier Foundation
- Wood Frame Construction
- Shingle Roof
- Wood Siding
Interior Spaces
- 648 Sq Ft Home
- 1-Story Property
- Furnished
- 1 Fireplace
- Living Room
- Screened Porch
- Wood Flooring
- Attic
Kitchen
- Electric Range
- Microwave
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
- Bathtub
- Shower Only
Outdoor Features
- Deeded Waterfront Access Rights
- Beach Access
- Docks
- Shed
Location
- Property is near a golf course
Utilities
- No Cooling
- Heating System Uses Propane
- Heating System Uses Wood
- Heating System Mounted To A Wall or Window
- The lake is a source of water for the property
- Electric Water Heater
- Private Sewer
- Internet Available
Community Details
- Lakewood Estates Association Subdivision
Listing and Financial Details
- Tax Lot 4L
- Assessor Parcel Number MADN-000031-000000-000004-L000000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 23, 2024
Closed on
Jun 19, 2024
Sold by
Stevens Michael A and Stevens Jenifer J
Bought by
Austin Sharon J and Osborne Shane R
Seller's Agent
Laura Dionne
Keller Williams Realty
Buyer's Agent
Ernest Falcone
Keller Williams Realty
List Price
$169,000
Sold Price
$195,000
Premium/Discount to List
$26,000
15.38%
Views
5
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$446
Avg. Annual Appreciation
-4.27%
Purchase Details
Closed on
Sep 13, 2018
Sold by
Nitschke Beth A and Darcy Lisa A
Bought by
Stevens Jenifer J and Stevens Michael A
Purchase Details
Closed on
Sep 16, 2005
Sold by
Lane Rhonda K and Thompson Rebecca
Bought by
Nitschke Beth A and Darcy Lisa A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,800
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Austin Sharon J | -- | None Available | |
| Stevens Jenifer J | -- | -- | |
| Stevens Jenifer J | -- | -- | |
| Nitschke Beth A | -- | -- | |
| Nitschke Beth A | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Nitschke Beth A | $56,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/26/2024 06/26/24 | Sold | $195,000 | +15.4% | $301 / Sq Ft |
| 05/25/2024 05/25/24 | Pending | -- | -- | -- |
| 05/23/2024 05/23/24 | For Sale | $169,000 | -- | $261 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $1,647 | $102,300 | $62,100 | $40,200 |
| 2023 | $1,461 | $87,500 | $52,600 | $34,900 |
| 2022 | $1,376 | $74,000 | $43,300 | $30,700 |
| 2021 | $1,369 | $70,500 | $41,200 | $29,300 |
| 2020 | $1,254 | $59,000 | $41,200 | $17,800 |
| 2019 | $1,254 | $59,000 | $41,200 | $17,800 |
| 2018 | $1,269 | $59,000 | $41,200 | $17,800 |
| 2017 | $1,269 | $59,000 | $41,200 | $17,800 |
| 2016 | $1,239 | $59,000 | $41,200 | $17,800 |
| 2015 | $1,151 | $59,000 | $41,200 | $17,800 |
| 2014 | $1,151 | $59,000 | $41,200 | $17,800 |
| 2013 | $1,034 | $59,000 | $41,200 | $17,800 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2024
Ernest Falcone
Keller Williams Realty
(207) 612-1488
18 in this area
231 Total Sales
Map
Source: Maine Listings
MLS Number: 1590457
APN: MADN-000031-000000-000004-L000000
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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.
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