NOT LISTED FOR SALE

129 Cottage Rd Gray, ME 04039

Estimated Value: $469,000 - $643,000

1 Bed
1 Bath
780 Sq Ft
$681/Sq Ft Est. Value

Last Sold August 28, 2015

Last sale price $165,000 $212 Per Sq Ft

Est. 218% increase in value since last sale

Current estimated payment $3,116/month

90 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Docks
  • Wood Flooring
  • 250 Feet of Waterfront
  • Wooded Lot
  • Main Floor Bedroom

About This Home

As of August 2015

Get your feet wet from your own waterfront property at an affordable price! 250 feet of frontage on beautiful Forest Lake. Only minutes from Portland and the little secret is, you won't be fighting all the "other" lake traffic to get here. Seasonal cottage with soils test and septic design completed, just submit for approval. Outdoors is where you'll want to spend your time, when the sun goes down the cozy fireplace takes off the evening chill, and there's plenty room for everyone to bunk down for the night.

Last Agent to Sell the Property

John Hatcher

Keller Williams Realty Listed on: 07/27/2015

Keller Williams Realty

Co-Listed By

Andrew Newman

Keller Williams Realty

Last Buyer's Agent

Scott Bonney

Gammon Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,621

Year Built

  • Built in 1925

Lot Details

  • 0.69 Acre Lot
  • 250 Feet of Waterfront
  • Lake Front
  • Dirt Road
  • Rural Setting
  • Seasonal Access to Property
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Property is zoned Shore Limited Res

HOA Fees

  • $25 Monthly HOA Fees

Home Design

  • Camp Architecture
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding
  • Clapboard

Interior Spaces

  • 780 Sq Ft Home
  • Living Room
  • Screened Porch
  • Water Views

Kitchen

  • Electric Range
  • Formica Countertops

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom

Parking

  • Detached Garage
  • No Driveway

Outdoor Features

  • Deeded Waterfront Access Rights
  • Docks
  • Shed
  • Outbuilding

Utilities

  • No Cooling
  • Heating System Uses Wood
  • Natural Gas Not Available
  • The lake is a source of water for the property
  • No Water Heater
  • Sewer Not Available

Community Details

  • The community has rules related to deed restrictions

Listing and Financial Details

  • Tax Lot 203-7
  • Assessor Parcel Number GRAY-000074-000203-000007

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,621

Year Built

Built in 1925

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.69
  • Road Surface Type: Gravel
  • Water Body Name: Forest Lake
  • Co List Office Phone: 207-775-2121
  • MLS Status: Closed
  • Directions: Route 100 to Blackstrap Road, right on Forest Lake Road, Left on Cottage Road. Camp is on the left.
  • Above Grade Finished Sq Ft: 780.0
  • Architectural Style: Camp
  • Garage Yn: Yes
  • Year Built: 1925
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 211.54
  • Property Information:Seasonal: Yes
  • Property Information:Lot Size Acres -: 0.69
  • Property Information:SqFt Finished Above Grade: 780.0
  • Property Information:Garage: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Appliances Included:Electric Range: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Location Information:Association Fee: 25.0
  • Location Information:Fee Frequency Paid: Monthly
  • Vehicle Storage:Detached: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Exterior:Clapboard: Yes
  • Foundation Materials:PillarPostPier: Yes
  • Heat Fuel:Wood2: Yes
  • Location:Rural: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 250.0
  • Water Info:Water Frontage Owned -: 250.0
  • Recreational Water:Deeded: Yes
  • Site:Wooded: Yes
  • Site:RollingSloping: Yes
  • Style:Camp: Yes
  • Driveway:No Driveway: Yes
  • Property Information:Deed Restrictions: Yes
  • Property Information:Bank Owned REO: No
  • Kitchen Countertop:Formica: Yes
  • Sewer:None4: Yes
  • Utility Info Electric On Site: Yes
  • Recreational Water:Dock: Yes
  • Water Heater:None2: Yes
  • Electric:Fuses: Yes
  • Heat System:No Heat System: Yes
  • Other Structures:Shed: Yes
  • Other Structures:Out Building: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Advertising Remarks:Advertising Remarks: Call John Hatcher - 207-775-2121. Get your feet wet from your own waterfront property at an affordable price! 250 feet of frontage on beautiful Forest Lake. Only minutes from Portland and the little secret is, you won't be fighting all the "other" lake traffic to get here. Seasonal cottage with soils test and septic design completed, just submit for approval. Relax outside and when the sun goes down the cozy fireplace takes off the evening chill. There's room for all to bunk down for the nightt."
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Electric Range
  • Has Basement: None, Not Applicable
  • Total Bedrooms: 1
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Rolling Slope, Wooded, Rural
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Clapboard, Wood Frame
  • Foundation Details: Pillar/Post/Pier
  • Other Structures: Outbuilding, Shed(s)
  • Patio And Porch Features: Screened
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Driveway, Detached

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Other, No Heat System
  • Heating Yn: Yes
  • Electric: On Site, Fuses
  • Sewer: None
  • Water Source: Lake Drawn

Condo/Co-op/Association

  • Association Fee: 25.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 30056.4
  • Parcel #: GRAY-000074-000203-000007
  • Zoning: Shore Limited Res

Tax Info

  • Tax Annual Amount: 2621.0
  • Tax Lot: 203-7
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2015
Closed on
Sep 1, 2015
Sold by
Morse David C and Morse Lawrence W
Bought by
Frechette Michael R
Seller's Agent
John Hatcher
Keller Williams Realty
Buyer's Agent
Scott Bonney
Gammon Realty Group
List Price
$175,000
Sold Price
$165,000
Premium/Discount to List
-$10,000
-5.71%
Current Estimated Value
$524,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$359,827
Avg. Annual Appreciation
11.87%
Original Mortgage
$132,000
Outstanding Balance
$103,746
Interest Rate
4.09%
Mortgage Type
New Conventional
Estimated Equity
$427,165
Source: Public Records
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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
Frechette Michael R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frechette Michael R $132,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2015 08/28/15 Sold $165,000 -5.7% $212 / Sq Ft
07/03/2015 07/03/15 Pending -- -- --
04/03/2015 04/03/15 For Sale $175,000 -- $224 / Sq Ft
Source: Maine Listings

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 $4,352 $449,600 $368,400 $81,200
2024 $4,361 $449,600 $368,400 $81,200
2023 $4,618 $304,200 $235,000 $69,200
2022 $4,244 $304,200 $235,000 $69,200
2021 $4,266 $292,000 $235,000 $57,000
2020 $4,307 $292,000 $235,000 $57,000
2019 $4,307 $292,000 $235,000 $57,000
2018 $4,088 $292,000 $235,000 $57,000
2017 $2,985 $165,400 $131,600 $33,800
2016 $3,027 $165,400 $131,600 $33,800
2015 $3,010 $165,400 $131,600 $33,800
2014 $3,010 $165,400 $131,600 $33,800
2012 $2,621 $165,351 $131,561 $33,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1209289

Maine Listings

APN: GRAY-000074-000203-000007