$1,085,000
SOLD MAR 16, 2015
4 Beds
2 Baths
2,188 Sq Ft
3 Acres

Recently Sold

$496 Per Sq Ft

22% Below List Price

130 Days on Market

Highlights

  • 170 Feet of Waterfront
  • Colonial Architecture
  • No HOA
  • 3 Acre Lot
  • Family Room with Fireplace
  • Home Office

About This Home

As of September 2018

Waterfront home with 170 feet of sandy beach frontage on a 3 acre lot on Sebago Lake. Living room and family room with wood burning fireplaces. Sliding glass doors to deck, walk out basement and private dock.

Last Agent to Sell the Property

David Banks

RE/MAX By The Bay Listed on: 10/16/2014

RE/MAX By The Bay

Last Buyer's Agent

David Banks

RE/MAX By The Bay

RE/MAX By The Bay

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,334

Year Built

  • Built in 1980

Lot Details

  • 3 Acre Lot
  • 170 Feet of Waterfront
  • Lake Front
  • Dirt Road
  • Rural Setting
  • Level Lot
  • Property is zoned Rural Resident

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Home Office

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Natural lighting in basement

Parking

  • Gravel Driveway
  • Paved Parking

Utilities

  • No Cooling
  • Baseboard Heating
  • Natural Gas Not Available
  • Private Water Source
  • Well
  • Water Heater
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 007
  • Assessor Parcel Number 101Westerlea WayStandish20007

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,334

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 3.0
  • Road Surface Type: Gravel, Paved
  • Water Body Name: Sebago Lake
  • MLS Status: Closed
  • Directions: Route 35 N, turn left onto Whites Bridge Road, turn left onto Westerlea Way, continue past soccer field, turn right into driveway.
  • Above Grade Finished Sq Ft: 1372.0
  • Architectural Style: Colonial
  • Year Built: 1980
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 3.0
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1372.0
  • Property Information:SqFt Finished Below Grade: 816.0
  • Site:Level: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Daylight: Yes
  • Percent Basement Finished: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Walk-Out: Yes
  • Heat Fuel:Electric: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Exterior:Clapboard: Yes
  • Style:Colonial: Yes
  • Office:Office: Yes
  • Sewer:Private Sewer: Yes
  • Living Room Amenities:Wood Burning Fireplace14: Yes
  • Location:Rural: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 170.0
  • Water Info:Water Frontage Owned -: 170.0
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Family Room:Family Room: Yes
  • Water:Well Existing on Site: Yes
  • Water Heater:Tank: Yes
  • Family Room Amenities:Wood Burning Fireplace10: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Has Basement: Daylight, Finished, Walk-Out Access
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 816.0
  • Bedroom 2 Level: Basement
  • Bedroom 3 Level: Basement
  • Dining Room Dining Room Level: Second
  • Kitchen Kitchen Level: Second
  • Living Room Living Room Level: Second
  • Primary Bedroom Primary Bedroom Level: Second
  • Bedroom 1:Bedroom 1 Level: Basement

Exterior Features

  • Lot Features: Level, Rural
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Clapboard, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • 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: 130680.0
  • Parcel #: 101Westerlea WayStandish20007
  • Zoning: Rural Resident

Tax Info

  • Tax Annual Amount: 8334.0
  • Tax Book Number: 26439
  • Tax Lot: 007
  • Tax Map Number: 20
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2018
Closed on
Sep 14, 2018
Sold by
Mercier Roland
Bought by
Stead 2 Ret 2016
Seller's Agent
Tammy Ruda
Legacy Properties Sotheby's International Realty
Buyer's Agent
Karen Tufts
Coldwell Banker Residential Brokerage
List Price
$2,600,000
Sold Price
$2,300,000
Premium/Discount to List
-$300,000
-11.54%
Current Estimated Value
$2,670,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$370,336
Avg. Annual Appreciation
1.88%
Original Mortgage
$1,150,000
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Oct 16, 2014
Closed on
Mar 17, 2015
Sold by
Louis A Wood T
Bought by
Mercier Roland
Seller's Agent
David Banks
RE/MAX By The Bay
Buyer's Agent
David Banks
RE/MAX By The Bay
List Price
$1,400,000
Sold Price
$1,085,000
Premium/Discount to List
-$315,000
-22.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.94%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,000,000 Credit Line Revolving
Closed $650,000 Adjustable Rate Mortgage/ARM
Closed $1,150,000 Purchase Money Mortgage
Previous Owner $464,000 Credit Line Revolving
Previous Owner $202,500 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2018 09/13/18 Sold $2,300,000 -11.5% $561 / Sq Ft
07/27/2018 07/27/18 Pending -- -- --
06/04/2018 06/04/18 For Sale $2,600,000 +139.6% $634 / Sq Ft
03/16/2015 03/16/15 Sold $1,085,000 -22.5% $496 / Sq Ft
02/24/2015 02/24/15 Pending -- -- --
10/16/2014 10/16/14 For Sale $1,400,000 -- $640 / 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 $25,330 $2,010,300 $1,052,000 $958,300
2023 $22,110 $1,596,400 $810,600 $785,800
2022 $20,408 $1,412,300 $711,600 $700,700
2021 $19,793 $1,319,500 $652,000 $667,500
2019 $18,331 $1,281,900 $622,300 $659,600
2018 $8,773 $1,188,200 $562,700 $625,500
2017 $13,149 $992,400 $562,700 $429,700
2016 $12,723 $992,400 $562,700 $429,700
2015 $8,773 $685,900 $513,400 $172,500
2013 $8,286 $685,900 $513,400 $172,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1157624

Maine Listings

APN: STAN-000020-000000-000007-A000000