NOT LISTED FOR SALE

12 Oak Cir Limerick, ME 04048

Estimated Value: $396,000 - $435,000

4 Beds
2 Baths
1,624 Sq Ft
$259/Sq Ft Est. Value

Last Sold March 03, 2023

Last sale price $350,000 $216 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,600/month

3 Days on Market

Highlights

  • 1,000 Feet of Waterfront
  • Beach Access
  • Boat Slip
  • Docks
  • Public Beach
  • Scenic Views

About This Home

As of March 2023

Tempting opportunity to own this quality cape located in the Lake Arrowhead community. Privacy and quiet but within minutes of endless amenities. The lot is picturesque, surrounded by a rock wall, sky high pine trees and a petite pond perfect for winter ice skating and summer frog catching. Soak in the scene from the back deck, through the French doors in the spacious family room, added just a few years ago. Three bedrooms upstairs with an additional first floor option as bedroom number four or an office, provides great flexibility. The hardwood floors and many updates can put your mind at ease as you spend less time worrying about maintenance and more time exploring your new neighborhood.

Last Agent to Sell the Property

Nicole Axelsen

North Point Realty LLC Listed on: 01/30/2023

Last Buyer's Agent

Scott Townsend

Keller Williams Realty

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,757

Year Built

  • Built in 1991

Lot Details

  • 1.1 Acre Lot
  • 1,000 Feet of Waterfront
  • Lake Front
  • Public Beach
  • Rural Setting
  • Level Lot
  • Property is zoned LAC

HOA Fees

  • $116 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Driveway

Property Views

  • Scenic Vista
  • Woods

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,624 Sq Ft Home
  • Cathedral Ceiling
  • Family Room
  • Living Room
  • Dining Room

Kitchen

  • Stove
  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Outdoor Features

  • Beach Access
  • Nearby Water Access
  • Boat Slip
  • Docks
  • Deck

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Baseboard Heating
  • Hot Water Heating System
  • Septic Design Available
  • Private Sewer

Community Details

  • Lake Arrowhead Community Subdivision

Listing and Financial Details

  • Tax Lot 119
  • Assessor Parcel Number LIME-000043-000000-000119

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,757

Year Built

Built in 1991

Lot Details

0

HOA Fees

$116 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.1
  • Road Surface Type: Paved
  • Water Body Name: Lake Arrowhead
  • MLS Status: Closed
  • Subdivision Name: Lake Arrowhead Community
  • Directions: GPS Friendly, Sign on property. Doles Ridge Rd to Old Country Way to Stony Brook Dr to Oak Circle.
  • Above Grade Finished Sq Ft: 1624.0
  • Architectural Style: Cape
  • Garage Yn: Yes
  • Year Built: 1991
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 214.9
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.1
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1624.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Location Information:Association Fee: 116.0
  • Location Information:Fee Frequency Paid: Monthly
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Heat System:Multi-Zones: Yes
  • Location:Near Public Beach: Yes
  • Sewer:Private Sewer: Yes
  • Recreational Water:Nearby: Yes
  • Location:Rural: Yes
  • Water Info:Waterfront Amount -: 1000.0
  • Water Info:Water Frontage Shared -: 1000.0
  • View:TreesWoods: Yes
  • Family Room:Family Room: Yes
  • Appliances Included:Gas Range: Yes
  • Sewer:Septic Design Available: Yes
  • Room Features:Cathedral Ceiling29: Yes
  • Room Features:Heat Stove29: Yes
  • View:Scenic: Yes
  • Recreational Water:Dock: Yes
  • Living Room Amenities:Heat Stove5: Yes
  • Recreational Water:Beach Rights: Yes
  • Family Room Amenities:Cathedral Ceiling17: Yes
  • Recreational Water:Boat Slip: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Advertising Remarks:Advertising Remarks: Tempting opportunity to own this quality cape located in the Lake Arrowhead community. Privacy and quiet but within minutes of endless amenities. The lot is picturesque, surrounded by a rock wall, sky high pine trees and a petite pond perfect for winter ice skating and summer frog catching. Soak in the scene from the back deck, through the French doors in the spacious family room, added just a few years ago. Three bedrooms upstairs with an additional first floor option as bedroom number four or an office, provides great flexibility. The hardwood floors and many updates can put your mind at ease as you spend less time worrying about maintenance and more time exploring your new neighborhood.
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Gas Range, Dryer, Dishwasher
  • Has Basement: Bulkhead, Full, Exterior Entry, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Bedroom 4 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Level, Near Public Beach, Neighborhood, Rural
  • View: Scenic, Trees/Woods
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Paved, Detached

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove, Multi-Zones, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Design Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 116.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 47916.0
  • Parcel #: LIME-000043-000000-000119
  • Zoning: LAC

Tax Info

  • Tax Annual Amount: 2757.0
  • Tax Lot: 119
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2023
Closed on
Mar 3, 2023
Sold by
Mendes Jonathon P and Mendes Danielle
Bought by
Ross-Corbett Michael
Seller's Agent
Nicole Axelsen
North Point Realty LLC
Buyer's Agent
Scott Townsend
Keller Williams Realty
List Price
$349,000
Sold Price
$350,000
Premium/Discount to List
$1,000
0.29%
Current Estimated Value
$427,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,808
Avg. Annual Appreciation
6.55%
Original Mortgage
$358,050
Outstanding Balance
$345,222
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$74,659

Purchase Details

Closed on
Jun 14, 2016
Sold by
Mendes Jonathan P
Bought by
Mendes Jonathan P and Mendes Danielle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2012
Sold by
Mendes Vivianne and Mendes Richard
Bought by
Mendes Jonathon P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,744
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 2010
Sold by
Fnma
Bought by
Mendes Richard and Mendes Vivianne

Purchase Details

Closed on
Jul 2, 2007
Sold by
Infinity Federal Cu
Bought by
Wild Corey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,100
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ross-Corbett Michael $350,000 None Available
Mendes Jonathan P -- --
Mendes Jonathon P -- --
Mendes Jonathon P -- --
Mendes Richard -- --
Wild Corey -- --
Infinity Federal Cu -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ross-Corbett Michael $358,050
Previous Owner Mendes Jonathan P $165,000
Previous Owner Mendes Jonathon P $109,744
Previous Owner Infinity Federal Cu $170,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2023 03/03/23 Sold $350,000 +0.3% $216 / Sq Ft
02/02/2023 02/02/23 Pending -- -- --
01/30/2023 01/30/23 For Sale $349,000 -- $215 / 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 $3,225 $339,440 $85,420 $254,020
2024 $3,225 $339,440 $85,420 $254,020
2023 $2,951 $194,129 $33,000 $161,129
2022 $2,757 $194,129 $33,000 $161,129
2021 $2,578 $155,303 $26,400 $128,903
2020 $2,547 $155,303 $26,400 $128,903
2019 $2,446 $155,303 $26,400 $128,903
2018 $2,508 $155,303 $26,400 $128,903
2017 $2,446 $155,303 $26,400 $128,903
2016 $1,981 $131,625 $26,400 $105,225
2015 $1,922 $131,625 $26,400 $105,225
2014 $1,862 $131,625 $26,400 $105,225
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1551650

Maine Listings

APN: LIME-000043-000000-000119