NOT LISTED FOR SALE

111 Outlet Rd New Gloucester, ME 04260

Estimated Value: $388,660 - $591,000

2 Beds
2 Baths
2,400 Sq Ft
$194/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $245,500 $102 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $2,715/month

26 Days on Market

Highlights

  • Lake Front
  • Deck
  • Wood Flooring
  • Public Beach
  • Wooded Lot
  • Main Floor Bedroom

About This Home

As of April 2021

One floor living and lake views! Sitting on leased land, is this bright, oversized cottage. Enjoy the beautiful front row seats to historic Sabbathday Lake. With cathedral ceilings in much of the home, three bedrooms, two living rooms, one and three-quarter baths and a large great room/kitchen, you'll have plenty of room for the family or to entertain. A good sized basement provides extra space for storage and a workbench. In the summer, cross the road to the shared beach, and afterwards, enjoy a quick walk for ice cream at well renowned Bresca and The Honey Bee Snack Shack. Fish the lake year-round for brook trout, brown trout and largemouth bass. Hike or bike the 350 acres of woodlands surrounding the area. Conveniently located 30 minutes from Portland, 15 minutes from Lewiston/Auburn and 10 minutes from public schools, you'll find this year round cottage to be the perfect location for your new home. Home sits on leased land.

Last Agent to Sell the Property

Carla Wakefield

Maine Real Estate Experts Listed on: 02/05/2021

Last Buyer's Agent

Holly Lunt Stickney

The Maine Real Estate Network

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,667

Year Built

  • Built in 1945

Lot Details

  • 0.9 Acre Lot
  • Lake Front
  • Public Beach
  • Fenced
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Land Lease
  • Property is zoned Shoreland

Parking

  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Cottage
  • Camp Architecture
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Shingle Siding

Interior Spaces

  • Ceiling Fan
  • Laundry on main level

Kitchen

  • Stove
  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub
  • Shower Only

Unfinished Basement

  • Walk-Out Basement
  • Partial Basement
  • Interior Basement Entry
  • Dirt Floor

Outdoor Features

  • Deck
  • Shed
  • Outbuilding

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Pellet Stove burns compressed wood to generate heat
  • Private Water Source
  • Well
  • Septic System
  • Private Sewer

Community Details

  • No Home Owners Association
  • Community Storage Space

Listing and Financial Details

  • Assessor Parcel Number NEWG-000005-000000-000007-000003
  • Tax Block 0005-0007-3

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,667

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.9
  • Water Body Name: Sabbathday Lake
  • MLS Status: Closed
  • Directions: Take RTE 26 N, turn right onto Quarry Rd. Quarry Rd becomes Shaker Rd. Stay straight to go onto Outlet Rd. 111 is on the left.
  • Above Grade Finished Sq Ft: 1700.0
  • Architectural Style: Camp, Cottage
  • Garage Yn: No
  • Year Built: 1945
  • Location Information:Leased Land: Yes
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 167.65
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.9
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1700.0
  • Property Information:SqFt Finished Below Grade: 700.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Dishwasher: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Fence: Yes
  • Amenities:Storage: Yes
  • Amenities:One-Floor Living: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Amenities:Walk-in Closets: Yes
  • Floors:Laminate: Yes
  • Basement:Partial: Yes
  • Location:Near Public Beach: Yes
  • Foundation Materials:Block3: Yes
  • Amenities:Bathtub: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Basement:Dirt Floor: Yes
  • Style:Cottage: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Site:RollingSloping: Yes
  • Style:Camp: Yes
  • Appliances Included:Gas Range: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Energy Efficiency:Ceiling Fans: Yes
  • View:Scenic: Yes
  • Heat Fuel:Pellets: Yes
  • Other Structures:Shed: Yes
  • Other Structures:Out Building: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Advertising Remarks:Advertising Remarks: One floor living and lake views! In this bright, oversized cottage, enjoy the beautiful front row seats to historic Sabbathday Lake. With cathedral ceilings in much of the home, three bedrooms, two living rooms, one and three-quarter baths and a large great room/kitchen, you'll have plenty of room for the family or to entertain. A good sized basement provides extra space for storage and a workbench. In the summer, cross the road to the shared beach, and afterwards, enjoy a quick walk for ice cream at well renowned Bresca and The Honey Bee Snack Shack. Fish the lake year-round for brook trout, brown trout and largemouth bass. Hike or bike the 350 acres of woodlands surrounding the area. Conveniently located 30 minutes from Portland, 15 minutes from Lewiston/Auburn and 10 minutes from public schools, you'll find this year round cottage to be the perfect location for your new home. Home sits on leased land.
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Gas Range, Dishwasher
  • Has Basement: Dirt Floor, Partial, Interior Entry, Walk-Out Access, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 700.0
  • Fireplace: No
  • Interior Amenities: Walk-in Closets, 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, Bathtub, One-Floor Living, Pantry, Shower, Storage

Exterior Features

  • Fencing: Fenced
  • Lot Features: Rolling Slope, Wooded, Near Public Beach, Near Turnpike/Interstate, Near Town, Neighborhood
  • View: Scenic
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Shingle Siding, Wood Frame
  • Foundation Details: Block
  • Other Structures: Outbuilding, Shed(s)
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove, Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: RSU 15/MSAD 15

Lot Info

  • Land Lease: Yes
  • Lot Size Sq Ft: 39204.0
  • Parcel #: NEWG-000005-000000-000007-000003
  • Zoning: Shoreland

Tax Info

  • Tax Annual Amount: 2667.0
  • Tax Block: 0005-0007-3
  • Tax Year: 2020

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 List to Sale Price per Sq Ft
04/30/2021 04/30/21 Sold $245,500 -13.9% $102 / Sq Ft
03/04/2021 03/04/21 Pending -- -- --
02/05/2021 02/05/21 For Sale $285,000 -- $119 / 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
2025 $3,317 $214,423 $80,700 $133,723
2024 $3,193 $214,423 $80,700 $133,723
2023 $3,064 $214,423 $80,700 $133,723
2022 $2,696 $195,366 $80,700 $114,666
2021 $2,696 $195,366 $80,700 $114,666
2020 $2,667 $195,366 $80,700 $114,666
2019 $2,069 $122,400 $12,000 $110,400
2018 $1,934 $122,400 $12,000 $110,400
2017 $1,909 $122,400 $12,000 $110,400
2016 $1,799 $122,400 $12,000 $110,400
2015 $1,793 $122,400 $12,000 $110,400
2014 $1,775 $122,400 $12,000 $110,400
2013 $1,646 $122,400 $12,000 $110,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1481445

Maine Listings

APN: NEWG-000005-000000-000007-000003