$405,000
SOLD FEB 26, 2025
2 Beds
1 Bath
792 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$511 Per Sq Ft

7% Below List Price

184 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Docks
  • Main Floor Bedroom
  • 224 Feet of Waterfront
  • Public Beach
  • Sun or Florida Room

About This Home

As of February 2025

Vacationland! Maine summer living on Sebago's western shores in the desirable Sebago Lake Region. Enjoy all Maine has to offer from April-October. A fully furnished seasonal treasure on Sebago Lake with 224' of shared waterfront, shared sandy beach & new common dock in the walkable, lively, and friendly Ward's Cove. Enjoy spectacular views with calm waters dangling your feet off the dock overlooking the lake, while capturing the true essence of Maine. Owners have enjoyed a lifestyle of relaxation surrounded by breathtaking sunrises, abundant wildlife, and sounds of nature on long summer days. This unique cottage provides all amenities for entertaining guests and family for barbeques and family fun. Sit on the deck and enjoy your morning coffee listening to the peacefulness. Wander down to the lake and association beach to enjoy a summer morning or late evening walk. Experience family and friends playing lawn games, relaxing on the sandy beach, water sports, boating, fishing, swimming, paddle boarding, & kayaking with nearby hiking and golf. Additional bunkhouse space in the back outbuilding is perfect for additional space. This location is an easy commute to Portland, Maine, restaurants, live music, nightlife, museums, and Jetport, and is approx 30 minutes to I295 and 30 minutes to the ocean. A true gem!

Last Agent to Sell the Property

Tammy Ruda

Legacy Properties Sotheby's International Realty Listed on: 09/29/2024

Legacy Properties Sotheby's International Realty

Last Buyer's Agent

Kirkwood Duke

Tim Dunham Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,029

Year Built

  • Built in 1924

Lot Details

  • 4,356 Sq Ft Lot
  • 224 Feet of Waterfront
  • Lake Front
  • Road Access Is Seasonal
  • Public Beach
  • Rural Setting
  • Seasonal Access to Property
  • Level Lot
  • Property is zoned RR/Shoreland

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Cottage
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 792 Sq Ft Home
  • Furnished
  • Sun or Florida Room
  • Vinyl Flooring

Kitchen

  • Gas Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Deeded Waterfront Access Rights
  • Beach Access
  • Nearby Water Access
  • Docks
  • Shed
  • Outbuilding
  • Enclosed Glass Porch

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Baseboard Heating
  • The lake is a source of water for the property
  • Electric Water Heater
  • Septic System
  • Private Sewer

Community Details

  • Lakeview Improvement Society Subdivision

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number STAN-000050-000000-000084

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,029

Year Built

Built in 1924

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1
  • Water Body Name: Sebago Lake
  • MLS Status: Closed
  • Subdivision Name: Lakeview Improvement Society
  • Directions: From Richville Rd.(RT 114), take right onto Justins Way. Home is on the right. Sign on property. Justins Way leads to Jeremy Dr. Not a through street.
  • Above Grade Finished Sq Ft: 792.0
  • Architectural Style: Cottage
  • Garage Yn: No
  • Year Built: 1924
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: Yes
  • Property Information:Lot Size Acres -: 0.1
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 792.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Microwave: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Location Information:Association Fee: 150.0
  • Location Information:Fee Frequency Paid: Annually
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Location:Near Public Beach: Yes
  • Sunroom:Sunroom: Yes
  • Sewer:Private Sewer: Yes
  • Recreational Water:Nearby: Yes
  • Location:Rural: Yes
  • Water Info:Waterfront Amount -: 224.0
  • Water Info:Water Frontage Shared -: 224.0
  • Recreational Water:Deeded: Yes
  • Style:Cottage: Yes
  • Driveway:Gravel: Yes
  • Appliances Included:Gas Range: Yes
  • Sewer:Septic Existing on Site: Yes
  • View:Scenic: Yes
  • Amenities:Furniture Included: Yes
  • Recreational Water:Dock: Yes
  • Roads:Seasonal3: Yes
  • Recreational Water:Beach Rights: Yes
  • Other Structures:Shed: Yes
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Other Structures:Out Building: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Microwave, Gas Range
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: Furniture Included, 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, Primary Bedroom w/Bath
  • Bedroom 2 Level: First
  • Kitchen Kitchen Level: First
  • Primary Bedroom Primary Bedroom Level: First

Exterior Features

  • Lot Features: Level, Near Public Beach, Neighborhood, Rural
  • View: Scenic
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Other
  • Other Structures: Outbuilding, Shed(s)
  • Patio And Porch Features: Glass Enclosed, Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Other, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Lake Drawn

Condo/Co-op/Association

  • Association Fee: 150.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4356.0
  • Parcel #: STAN-000050-000000-000084
  • Zoning: RR/Shoreland

Tax Info

  • Tax Annual Amount: 2029.0
  • Tax Book Number: 28280
  • Tax Lot: 19
  • Tax Map Number: 50
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2024
Closed on
Feb 26, 2025
Sold by
Don & Janet Ganley Lt and Ganley
Bought by
Mullally David J and Mullally Cheri-Ann
Seller's Agent
Tammy Ruda
Legacy Properties Sotheby's International Realty
Buyer's Agent
Kirkwood Duke
Tim Dunham Realty
List Price
$435,000
Sold Price
$405,000
Premium/Discount to List
-$30,000
-6.9%
Views
101
Current Estimated Value
$410,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,965
Avg. Annual Appreciation
4.27%
Original Mortgage
$187,500
Outstanding Balance
$187,348
Interest Rate
7.04%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$223,617
Source: Public Records

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Range of Values:

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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
Deed $405,000 None Available
Deed $405,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $187,500 Purchase Money Mortgage
Closed $187,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2025 02/26/25 Sold $405,000 -6.9% $511 / Sq Ft
01/16/2025 01/16/25 Pending -- -- --
09/29/2024 09/29/24 For Sale $435,000 0.0% $549 / Sq Ft
09/18/2024 09/18/24 Pending -- -- --
07/15/2024 07/15/24 For Sale $435,000 -- $549 / 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 $2,378 $188,700 $133,700 $55,000
2023 $2,029 $146,500 $101,400 $45,100
2022 $1,724 $119,300 $81,700 $37,600
2021 $1,653 $110,200 $74,200 $36,000
2019 $1,550 $108,400 $73,600 $34,800
2018 $0 $107,200 $72,400 $34,800
2017 $1,420 $107,200 $72,400 $34,800
2016 $1,374 $107,200 $72,400 $34,800
2015 $1,371 $107,200 $72,400 $34,800
2013 $1,295 $107,200 $72,400 $34,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1596856

Maine Listings

APN: STAN-000050-000000-000084