NOT LISTED FOR SALE

11 Papoose Island Rd Raymond, ME 04071

Estimated Value: $794,000 - $1,043,000

4 Beds
1.5 Baths
1,080 Sq Ft
$869/Sq Ft Est. Value

Last Sold September 13, 2021

Last sale price $817,000 $756 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,689/month

37 Days on Market

Highlights

  • Additional Residence on Property
  • Docks
  • Deck
  • 101 Feet of Waterfront
  • Deep Water Access
  • Wooded Lot

About This Home

As of September 2021

Three bedroom (plus loft) home and separate Bunk House that sleeps two more on Beautiful Raymond Cape sits on a level lot 40 feet from the water with two baths and a cute bunkhouse of approximately 200 SF. Fully furnished. Insulated, with 800 ft deep water well & Empire propane heater. Screened porch looks out to 101 ft wide sandy beach. Incredible deck on the water. Your own private mooring & canoe included. Outstanding 12 year rental income history. Architect designed and totally rebuilt in 2008. This house has been fully insulated except for the floor and could be easily converted to a year round home by enclosing the foundation. Parking for several cars. Close to Frye Island Ferry. May have 30% expansion remaining.

Last Agent to Sell the Property

Derek Eisenberg

Continental Real Estate Group, Inc. Listed on: 04/23/2021

Last Buyer's Agent

Kamal Perkins

Better Homes & Gardens Real Estate/The Masiello Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,630

Year Built

  • Built in 2008

Lot Details

  • 0.48 Acre Lot
  • 101 Feet of Waterfront
  • Dirt Road
  • Rural Setting
  • Seasonal Access to Property
  • Wooded Lot

HOA Fees

  • $25 Monthly HOA Fees

Home Design

  • Cottage
  • Pillar, Post or Pier Foundation
  • Block Foundation
  • Wood Frame Construction
  • Metal Roof
  • Concrete Fiber Board Siding
  • Clap Board Siding
  • Clapboard

Interior Spaces

  • 1,080 Sq Ft Home
  • 1 Fireplace
  • Living Room
  • Screened Porch
  • Wood Flooring

Kitchen

  • Electric Range
  • Stove
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Bathtub
  • Shower Only

Parking

  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Deep Water Access
  • Mooring
  • Docks
  • Deck
  • Shed
  • Outbuilding

Additional Homes

  • Additional Residence on Property

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window
  • Programmable Thermostat
  • Well
  • Electric Water Heater
  • Septic System
  • Internet Available
  • Cable TV Available

Community Details

  • Community Storage Space

Listing and Financial Details

  • Tax Lot 41
  • Assessor Parcel Number RYMD-000068-000000-000041

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,630

Year Built

Built in 2008

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.48
  • Road Surface Type: Gravel, Dirt
  • Water Body Name: Sebago
  • MLS Status: Closed
  • Directions: Route 302 to Raymond Cape Road, left on Quarry Cove Road and then right onto Papoose Island Road. Look for #11 on white canoe paddle.
  • Above Grade Finished Sq Ft: 1080.0
  • Architectural Style: Cottage
  • Garage Yn: No
  • Efficiency: Thermostat
  • Year Built: 2008
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 0.48
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1080.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Amenities:Storage: Yes
  • Location Information:Association Fee: 25.0
  • Location Information:Fee Frequency Paid: Monthly
  • Kitchen Countertop:Granite: Yes
  • Gas:Natural - On Site: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Shower: Yes
  • Roof:Metal: Yes
  • Living Room:Living Room: Yes
  • Exterior:Clapboard: Yes
  • Foundation Materials:Block3: Yes
  • Amenities:Bathtub: Yes
  • Foundation Materials:PillarPostPier: Yes
  • Appliances Included:Cooktop: Yes
  • Location:Rural: Yes
  • Water Info:Waterfront Amount -: 101.0
  • Water Info:Water Frontage Owned -: 101.0
  • Recreational Water:Waterfront Deep: Yes
  • Style:Cottage: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Equipment:Cable: Yes
  • Heat System:Direct Vent Heater: Yes
  • Utility Info Electric On Site: Yes
  • Recreational Water:Dock: Yes
  • Exterior:Fiber Cement: Yes
  • Energy Efficiency:Programmable Thermostat: Yes
  • Recreational Water:Boat Mooring: Yes
  • Other Structures:Shed: Yes
  • Other Structures:Out Building: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Appliances: Refrigerator, Microwave, Electric Range, Disposal, Dishwasher, Cooktop
  • Other Equipment: Internet Access Available, Cable
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: 1st Floor Bedroom, Bathtub, Shower, Storage, Primary Bedroom w/Bath
  • Bedroom 2 Level: First
  • Bedroom 4 Bedroom 4 Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First

Exterior Features

  • Lot Features: Wooded, Rural
  • Waterfront: Yes
  • Construction Type: Fiber Cement, Clapboard, Wood Frame
  • Foundation Details: Block, Pillar/Post/Pier
  • Other Structures: Outbuilding, Shed(s)
  • Patio And Porch Features: Deck, Porch, Screened
  • Roof: Metal
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove, Direct Vent Heater
  • Heating Yn: Yes
  • Electric: On Site, Circuit Breakers
  • Sewer: Septic Tank
  • Utilities: Utilities On
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 25.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 20908.8
  • Parcel #: RYMD-000068-000000-000041
  • Zoning: Res

Tax Info

  • Tax Annual Amount: 6630.0
  • Tax Book Number: 25304
  • Tax Lot: 41
  • Tax Map Number: 68
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2021
Closed on
Sep 7, 2021
Sold by
66 Blue Jay Drive Rt
Bought by
Podoloff Robert M and Podoloff Laura E
Seller's Agent
Derek Eisenberg
Continental Real Estate Group, Inc.
Buyer's Agent
Kamal Perkins
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$849,900
Sold Price
$817,000
Premium/Discount to List
-$32,900
-3.87%
Total Days on Market
37
Current Estimated Value
$938,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,875
Avg. Annual Appreciation
3.74%
Original Mortgage
$367,000
Outstanding Balance
$337,561
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$601,314

Purchase Details

Closed on
Jul 19, 2007
Sold by
Lynch John and Federico Sharon
Bought by
66 Blue Jay Drive Rt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Podoloff Robert M -- None Available
66 Blue Jay Drive Rt -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Podoloff Robert M $367,000
Previous Owner 66 Blue Jay Drive Rt $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2021 09/13/21 Sold $817,000 -3.9% $756 / Sq Ft
05/31/2021 05/31/21 Pending -- -- --
04/23/2021 04/23/21 For Sale $849,900 -- $787 / 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 $8,175 $475,300 $402,300 $73,000
2023 $7,557 $475,300 $402,300 $73,000
2022 $7,130 $475,300 $402,300 $73,000
2021 $6,702 $475,300 $402,300 $73,000
2019 $6,393 $475,300 $402,300 $73,000
2018 $2,218 $475,300 $402,300 $73,000
2017 $5,846 $475,300 $402,300 $73,000
2016 $2,046 $475,300 $402,300 $73,000
2015 $5,680 $475,300 $402,300 $73,000
2014 $5,609 $475,300 $402,300 $73,000
2013 $5,347 $475,300 $402,300 $73,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1488880

Maine Listings

APN: RYMD-000068-000000-000041