NOT LISTED FOR SALE

118 Kelley Ln Limerick, ME 04048

Estimated Value: $491,000 - $561,788

3 Beds
1 Bath
1,000 Sq Ft
$532/Sq Ft Est. Value

Last Sold July 30, 2024

Last sale price $505,000 $505 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,211/month

2 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Cape Cod Architecture
  • Wood Flooring
  • Docks
  • Wooded Lot
  • Main Floor Bedroom

About This Home

As of July 2024

Only two hours from Boston escape to Maine and this beloved property on desirable Sokokis Lake. Nestled in the pines this year around lake home has level water frontage with excellent swimming, boating, & kayaking right from lands edge or off of the dock. This is the lake home everyone wants and so few get with 3 bedrooms, a beautifully updated bath, full basement, and large wrap around deck.
Located in charming Limerick Village and in close proximity to area golf (30 mins) and skiing (35 mins). Make an annual tradition of Maine's best fireworks show at Old Home Days, spend a summer evening at the Bridgton Drive-In, and spend fall afternoons at nearby orchards. Each summer will feel like magic but don't forget fall and winter! The lake comes alive with color in the fall and the fair season begins. Winters are incredibly active with cross country, snowshoeing, and snowmobiling.

Last Agent to Sell the Property

Joshua Jakan

EXP Realty Listed on: 07/11/2024

EXP Realty

Last Buyer's Agent

Caleigh Clausen

Dream Home Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,171

Year Built

  • Built in 1972

Lot Details

  • 9,583 Sq Ft Lot
  • 100 Feet of Waterfront
  • Lake Front
  • Dirt Road
  • Rural Setting
  • Wooded Lot
  • Property is zoned shoreland

Parking

  • 1 Car Garage
  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Cape Cod Architecture
  • Camp Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Vertical Siding

Interior Spaces

  • 1,000 Sq Ft Home
  • Living Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Outdoor Features

  • Docks

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Propane
  • Well
  • Electric Water Heater
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 75
  • Assessor Parcel Number LIME-000010-000000-000075

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,171

Year Built

Built in 1972

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.22
  • Road Surface Type: Gravel
  • Water Body Name: Sokokis Lake
  • MLS Status: Closed
  • Directions: From downtown Limerick continue north on Rte. 5 towards Cornish. Turn right on Kelley Lane (just before excavation sign). Follow Kelly Lane to #118. House number on side of home.
  • Above Grade Finished Sq Ft: 1000.0
  • Architectural Style: Camp, Cape
  • Garage Yn: Yes
  • Year Built: 1972
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 509.0
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.22
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 1000.0
  • Property Information:Garage: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Property Information:Garage Spaces: 1.0
  • Water Heater:Electric2: Yes
  • Living Room:Living Room: Yes
  • Location:Rural: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 100.0
  • Water Info:Water Frontage Owned -: 100.0
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Style:Camp: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • View:Scenic: Yes
  • Recreational Water:Dock: Yes
  • Basement Entry:Exterior Only: Yes
  • Vehicle Storage:Under: Yes
  • Exterior:Vertical Siding: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Advertising Remarks:Advertising Remarks: Only two hours from Boston escape to Maine and this beloved property on desirable Sokokis Lake. Nestled in the pines this year around lake home has level water frontage with excellent swimming, boating, & kayaking right from lands edge or off of the dock. This is the lake home everyone wants and so few get with 3 bedrooms, a beautifully updated bath, full basement, and large wrap around deck. Located in charming Limerick Village and in close proximity to area golf (30 mins) and skiing (35 mins). Make an annual tradition of Maine's best fireworks show at Old Home Days, spend a summer evening at the Bridgton Drive-In, and spend fall afternoons at nearby orchards. Each summer will feel like magic but don't forget fall and winter! The lake comes alive with color in the fall and the fair season begins. Winters are incredibly active with cross country, snowshoeing, and snowmobiling.
  • Special Features: VirtualTour

Interior Features

  • Has Basement: Walk-Out Access, Full, Exterior Only
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom
  • Full Basement: Yes
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Second
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Wooded, Rural
  • View: Scenic
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Vertical Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: 5 - 10 Spaces, Gravel, Underground

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Existing on Site
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9583.2
  • Parcel #: LIME-000010-000000-000075
  • Zoning: shoreland

Tax Info

  • Tax Annual Amount: 4171.0
  • Tax Lot: 75
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2024
Closed on
Jul 30, 2024
Sold by
Block Ralph J and Block Lisa L
Bought by
Burke James and Burke Rachael
Seller's Agent
Joshua Jakan
EXP Realty
Buyer's Agent
Caleigh Clausen
Dream Home Realty LLC
List Price
$509,000
Sold Price
$505,000
Premium/Discount to List
-$4,000
-0.79%
Views
3
Current Estimated Value
$532,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,447
Avg. Annual Appreciation
4.06%

Purchase Details

Closed on
Oct 3, 2016
Sold by
Flynn Daryl R and Flynn Alison
Bought by
Block Ralph J and Block Lisa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,300
Interest Rate
3.43%
Mortgage Type
Closed End Mortgage

Purchase Details

Closed on
Nov 8, 2011
Sold by
Bernhard Lisa and Condon Michael
Bought by
Flynn Alison and Flynn Daryl R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,500
Interest Rate
4.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 13, 2007
Sold by
New England Merchants
Bought by
Bernhard Lisa and Condon Michael
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Burke James $505,000 None Available
Burke James $505,000 None Available
Burke James $505,000 None Available
Burke James $505,000 None Available
Block Ralph J -- --
Block Ralph J -- --
Block Ralph J -- --
Flynn Alison -- --
Flynn Alison -- --
Bernhard Lisa $100,000 --
Block Ralph J -- --
Flynn Alison -- --
Bernhard Lisa $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Block Ralph J $213,300
Previous Owner Flynn Alison $331,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2024 07/30/24 Sold $505,000 -0.8% $505 / Sq Ft
07/14/2024 07/14/24 Pending -- -- --
07/11/2024 07/11/24 For Sale $509,000 -- $509 / 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 $4,802 $505,497 $350,120 $155,377
2024 $4,802 $505,497 $350,120 $155,377
2023 $4,171 $274,429 $187,660 $86,769
2022 $3,897 $274,429 $187,660 $86,769
2021 $3,644 $219,543 $150,128 $69,415
2020 $4,744 $219,543 $150,128 $69,415
2019 $2,788 $219,543 $150,128 $69,415
2018 $3,615 $219,543 $150,128 $69,415
2017 $3,458 $219,543 $150,128 $69,415
2016 $3,304 $219,543 $150,128 $69,415
2015 $3,205 $219,543 $150,128 $69,415
2014 $3,107 $219,543 $150,128 $69,415
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1596467

Maine Listings

APN: LIME-000010-000000-000075