NOT LISTED FOR SALE

116 Keystone Dr Newry, ME 04261

Estimated Value: $794,000 - $864,000

3 Beds
3 Baths
2,444 Sq Ft
$340/Sq Ft Est. Value

Last Sold June 10, 2022

Last sale price $705,000 $288 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $4,730/month

9 Days on Market

Highlights

  • Ski Resort
  • Mountain View
  • Deck
  • Nearby Water Access
  • Chalet
  • Wood Flooring

About This Home

As of June 2022

Inviting and well-kept chalet in the established and popular Powder Ridge subdivision. This home offers three-bedrooms, three full baths, and an open concept, finished basement for flexible use. Sited privately on the lot with a paved driveway and outbuilding. Access to hiking trails in the neighborhood's common area and minutes to Sunday River and swimming holes. Powder Ridge homes also rent well for those looking for an investment property. Offered furnished.

Last Agent to Sell the Property

Susan Duplessis

Mountain Real Estate Company Listed on: 05/03/2022

Last Buyer's Agent

Lindsay Gagnon

Bean Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,260

Year Built

  • Built in 2006

Lot Details

  • 1.6 Acre Lot
  • Street terminates at a dead end
  • Open Lot
  • Lot Has A Rolling Slope
  • Property is zoned General Development

HOA Fees

  • $63 Monthly HOA Fees

Home Design

  • Chalet
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Log Siding
  • Radon Mitigation System
  • Concrete Perimeter Foundation

Interior Spaces

  • Wood Burning Fireplace
  • Family Room
  • Living Room with Fireplace
  • Loft
  • Mountain Views
  • Washer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Natural lighting in basement

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Nearby Water Access
  • Deck
  • Outbuilding

Location

  • Property is near a golf course

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Private Water Source
  • Private Sewer
  • Internet Available

Listing and Financial Details

  • Tax Lot 1-33
  • Assessor Parcel Number NEWR-000014-000000-000001-000033R

Community Details

Overview

  • The community has rules related to deed restrictions

Recreation

  • Ski Resort

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,260

Year Built

Built in 2006

Lot Details

0

HOA Fees

$63 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.6
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1664.0
  • Architectural Style: Chalet
  • Garage Yn: No
  • Year Built: 2006
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.6
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 1664.0
  • Property Information:SqFt Finished Below Grade: 780.0
  • Property Information:Garage: No
  • Site:Open: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Daylight: Yes
  • Percent Basement Finished: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Location Information:Association Fee: 750.0
  • Location Information:Fee Frequency Paid: Annually
  • Kitchen Countertop:Granite: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Heat System:Multi-Zones: Yes
  • Sewer:Private Sewer: Yes
  • Recreational Water:Nearby: Yes
  • Living Room Amenities:Wood Burning Fireplace14: Yes
  • Room Features:Wood Burning Fireplace29: Yes
  • Roads:Dead End: Yes
  • Water:Private2: Yes
  • Equipment:Internet Access Available: Yes
  • Site:RollingSloping: Yes
  • Family Room:Family Room: Yes
  • Property Information:Deed Restrictions: Yes
  • View:Mountain(s): Yes
  • Parking Other Parking: Yes
  • Location:Ski Resort: Yes
  • Heat System:Direct Vent Furnace: Yes
  • Loft:Loft: Yes
  • Equipment:Air Radon Mitigation System: Yes
  • Equipment:Water Radon Mitigation System: Yes
  • Other Structures:Out Building: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dishwasher
  • Has Basement: Walk-Out Access, Daylight, Finished, Full, Interior Entry
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 780.0
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Bedroom
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Open Lot, Rolling Slope, Near Golf Course, Ski Resort, Subdivided
  • View: Mountain(s)
  • Waterfront: No
  • Construction Type: Log Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Exterior:Log Siding: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved, Other

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Direct Vent Furnace, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Association Fee: 750.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 69696.0
  • Parcel #: NEWR-000014-000000-000001-000033R
  • Zoning: General Development

Tax Info

  • Tax Annual Amount: 3260.0
  • Tax Lot: 1-33
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2022
Closed on
Jun 10, 2022
Sold by
Mcgivney William A and Mcgivney Mary K
Bought by
Mulcahy James and Mulcahy Elizabeth
Seller's Agent
Susan Duplessis
Mountain Real Estate Company
Buyer's Agent
Lindsay Gagnon
Bean Group
List Price
$699,000
Sold Price
$705,000
Premium/Discount to List
$6,000
0.86%
Current Estimated Value
$831,019

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,019
Avg. Annual Appreciation
4.97%
Original Mortgage
$528,750
Outstanding Balance
$502,356
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$328,663

Purchase Details

Listed on
Aug 24, 2020
Closed on
Sep 22, 2020
Sold by
Terra Pine Llc
Bought by
Mcgivney William A and Mcgivney Mary K
Seller's Agent
Sally Harkins
Sally Harkins & Co Real Estate
Buyer's Agent
Susan Duplessis
Sunday River Real Estate
List Price
$425,000
Sold Price
$420,000
Premium/Discount to List
-$5,000
-1.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.38%

Purchase Details

Listed on
Aug 18, 2019
Closed on
Dec 16, 2019
Sold by
116 Keystone Drive Rt
Bought by
Terra Pine Llc
Seller's Agent
Sally Harkins
Sally Harkins & Co Real Estate
Buyer's Agent
Sally Harkins
Mahoosuc Realty, Inc.
List Price
$405,000
Sold Price
$350,000
Premium/Discount to List
-$55,000
-13.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.72%

Purchase Details

Closed on
May 16, 2007
Sold by
33 Keystone Drive Llc
Bought by
116 Keystone Drive Rt and Jones

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.18%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Mulcahy James -- None Available
Mulcahy James -- None Available
Mcgivney William A -- None Available
Mcgivney William A -- None Available
Terra Pine Llc -- None Available
Terra Pine Llc -- None Available
116 Keystone Drive Rt $1,001 --
116 Keystone Drive Rt $1,001 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mulcahy James $528,750
Closed Mulcahy James $528,750
Previous Owner 116 Keystone Drive Rt $205,000
Previous Owner 116 Keystone Drive Rt $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/10/2022 06/10/22 Sold $705,000 +0.9% $288 / Sq Ft
05/13/2022 05/13/22 Pending -- -- --
05/03/2022 05/03/22 For Sale $699,000 +66.4% $286 / Sq Ft
09/23/2020 09/23/20 Sold $420,000 -1.2% $172 / Sq Ft View Prior Sale
08/26/2020 08/26/20 Pending -- -- --
08/24/2020 08/24/20 For Sale $425,000 +21.4% $174 / Sq Ft
12/16/2019 12/16/19 Sold $350,000 -13.6% $143 / Sq Ft View Prior Sale
11/10/2019 11/10/19 Pending -- -- --
08/18/2019 08/18/19 For Sale $405,000 -- $166 / 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 $3,803 $717,600 $158,100 $559,500
2023 $3,464 $407,500 $126,500 $281,000
2022 $3,403 $407,500 $126,500 $281,000
2021 $3,260 $407,500 $126,500 $281,000
2020 $3,031 $283,300 $64,800 $218,500
2019 $3,031 $283,300 $64,800 $218,500
2018 $3,060 $283,300 $64,800 $218,500
2017 $2,745 $283,300 $64,800 $218,500
2016 $2,635 $283,300 $64,800 $218,500
2015 $2,683 $283,300 $64,800 $218,500
2014 $2,564 $283,300 $64,800 $218,500
2013 $2,541 $283,300 $64,800 $218,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1526832

Maine Listings

APN: NEWR-000014-000000-000001-000033R