Seller's Agent in 2022
Andrea Page
Keller Williams Realty
(207) 766-8370
1 in this area
56 Total Sales
118 Old Country Way Limerick, ME 04048
Estimated Value: $487,000 - $620,000
3
Beds
2
Baths
1,400
Sq Ft
$377/Sq Ft
Est. Value
Highlights
- Deeded Waterfront Access Rights
- Public Beach
- Tennis Courts
- 600 Feet of Waterfront
- Country Club
- Scenic Views
About This Home
As of October 2022Welcome to 118 Old Country Way. This newly constructed home is located about an hour's drive west of Portland in a tranquil corner of southwestern Maine. This beautifully built ranch features an open concept custom kitchen, dining and living area for your enjoyment. After a day on the lake, enjoy a night under the stars on your private deck. This home is tucked into a homeowner's association consisting of two clubhouses with fitness centers, tennis courts, a boat launch and 14 access points/beaches to Lake Arrowhead, along with several other amenities for your enjoyment. You've found your home that you'll never want to leave!
Shared water is estimated and based on access points/rights of way to Lake Arrowhead. Buyer encouraged to do their own due diligence.
Last Buyer's Agent
Sydney Harrison
Bean Group
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,478
Year Built
- Built in 2021
Lot Details
- 1.76 Acre Lot
- 600 Feet of Waterfront
- Lake Front
- Dirt Road
- Public Beach
- Landscaped
- Level Lot
- Open Lot
- Wooded Lot
HOA Fees
- $92 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
- Automatic Garage Door Opener
- Garage Door Opener
- Driveway
Property Views
- Scenic Vista
- Woods
Home Design
- Ranch Style House
- Slab Foundation
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,400 Sq Ft Home
- Vaulted Ceiling
- Mud Room
- Living Room
- Vinyl Flooring
- Attic
Kitchen
- Eat-In Kitchen
- Electric Range
- Microwave
- Dishwasher
- Formica Countertops
Bedrooms and Bathrooms
- 3 Bedrooms
- En-Suite Primary Bedroom
- Walk-In Closet
- Bedroom Suite
- 2 Full Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Bathtub
- Shower Only
Laundry
- Laundry on main level
- Dryer
- Washer
Outdoor Features
- Deeded Waterfront Access Rights
- Beach Access
- Nearby Water Access
- Tennis Courts
- Deck
- Outbuilding
Location
- Property is near a golf course
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Propane
- Natural Gas Not Available
- Electric Water Heater
- Septic System
- Private Sewer
Listing and Financial Details
- Tax Lot 114
- Assessor Parcel Number LIME-000042-000000-000114
Community Details
Recreation
- Country Club
Additional Features
- Clubhouse
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 19, 2022
Closed on
Oct 5, 2022
Sold by
Shaw James C
Bought by
Morrissette Nichole and Morrissette Shawn
Seller's Agent
Andrea Page
Keller Williams Realty
Buyer's Agent
Sydney Harrison
Bean Group
List Price
$395,000
Sold Price
$415,000
Premium/Discount to List
$20,000
5.06%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,136
Avg. Annual Appreciation
2.23%
Original Mortgage
$311,250
Outstanding Balance
$301,186
Interest Rate
5.55%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$141,822
Purchase Details
Closed on
Jun 9, 2021
Sold by
Hudson Taylor
Bought by
Shaw James C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,218
Interest Rate
2.9%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Morrissette Nichole | $415,000 | None Available | |
| Morrissette Nichole | $415,000 | None Available | |
| Shaw James C | -- | None Available | |
| Shaw James C | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Morrissette Nichole | $311,250 | |
| Closed | Morrissette Nichole | $311,250 | |
| Previous Owner | Shaw James C | $7,533 | |
| Previous Owner | Shaw James C | $259,218 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/05/2022 10/05/22 | Sold | $415,000 | +5.1% | $296 / Sq Ft |
| 08/26/2022 08/26/22 | Pending | -- | -- | -- |
| 08/16/2022 08/16/22 | For Sale | $395,000 | -- | $282 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $4,169 | $438,839 | $103,192 | $335,647 |
| 2023 | $3,981 | $261,906 | $36,300 | $225,606 |
| 2022 | $3,719 | $261,906 | $36,300 | $225,606 |
| 2021 | $3,478 | $209,525 | $29,040 | $180,485 |
| 2020 | $107 | $6,520 | $6,520 | $0 |
| 2019 | $103 | $6,520 | $6,520 | $0 |
| 2018 | $35 | $2,168 | $2,168 | $0 |
| 2017 | $34 | $2,168 | $2,168 | $0 |
| 2016 | -- | $2,168 | $2,168 | $0 |
| 2015 | -- | $23 | $23 | $0 |
| 2014 | -- | $23 | $23 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Andrea Page
-
S
Buyer's Agent in 2022
Sydney Harrison
Bean Group
Map
Source: Maine Listings
MLS Number: 1540092
APN: LIME-000042-000000-000114
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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