NOT LISTED FOR SALE

1311 Roosevelt Trail Raymond, ME 04071

Estimated Value: $790,755

4 Beds
2 Baths
1,788 Sq Ft
$442/Sq Ft Est. Value

Last Sold September 08, 2021

Last sale price $266,500 $149 Per Sq Ft

Est. 197% increase in value since last sale

Current estimated payment $4,606/month

56 Days on Market

Highlights

  • Additional Residence on Property
  • Docks
  • 1.43 Acre Lot
  • 309 Feet of Waterfront
  • Deep Water Access
  • 1-minute walk to Raymond Veterans Memorial Park

About This Home

As of September 2021

Two detached residential buildings. Both in need of work. Lot is like an oasis. Most people don't know there are houses here. 309' frontage on Panther Run which flows directly into Sebago Lake. Navigable for canoes. kayaks and small boats.

Taxes are from assessment that includes the commercial buildings. New assessment will not include them.

Last Agent to Sell the Property

Tom Noonan

Allied Real Estate Listed on: 06/01/2021

Last Buyer's Agent

Tom Noonan

Allied Real Estate Listed on: 06/01/2021

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1970

Lot Details

  • 1.43 Acre Lot
  • 309 Feet of Waterfront
  • River Front
  • Level Lot
  • Wooded Lot
  • Property is zoned RP

Parking

  • 3 Car Direct Access Garage
  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Raised Ranch Architecture
  • Ranch Style House
  • Concrete Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Log Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,788 Sq Ft Home
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Exterior Basement Entry

Kitchen

  • Electric Range
  • Formica Countertops

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Outdoor Features

  • Deep Water Access
  • Docks
  • Deck

Additional Homes

  • Additional Residence on Property

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Natural Gas Not Available
  • Private Water Source
  • Well
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number RYMD-000051-000000-000012

Home Details

Home Type

Single Family

Year Built

Built in 1970

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.43
  • Road Surface Type: Paved
  • Water Body Name: Panther Run
  • MLS Status: Closed
  • Directions: First driveway North of the light at Route 85 on the right side of Route 302. JUST BEFORE Commercial parking lot.
  • Above Grade Finished Sq Ft: 1788.0
  • Architectural Style: Raised Ranch, Ranch
  • Garage Yn: Yes
  • Year Built: 1970
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.43
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1788.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Electric Range: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Property Information:Garage Spaces: 3.0
  • Foundation Materials:Slab: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Style:Ranch: Yes
  • Property Information:Short Sale Continue to Show: No
  • Water Info:Waterfront Amount -: 309.0
  • Water Info:Water Frontage Owned -: 309.0
  • Water Info:Water Frontage Shared -: 20.0
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Property Information:Deed Restrictions: Unknown
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Kitchen Countertop:Formica: Yes
  • View:Scenic: Yes
  • Amenities:In-Law Apartment: Yes
  • Transportation:Deep Water Access: Yes
  • Recreational Water:Dock: Yes
  • Washer/Dryer Other Location: Yes
  • Basement Entry:Exterior Only: Yes
  • Vehicle Storage:Under: Yes
  • Style:Raised Ranch: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Property Information 2 Detached Houses on 1 Lot: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator, Electric Range
  • Has Basement: Exterior Only, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: In-Law Floorplan
  • Bedroom 2 Level: Upper
  • Bedroom 3 Level: First
  • Bedroom 4 Bedroom 4 Level: First
  • Dining Room Dining Room Level: Upper
  • Kitchen Kitchen Level: Upper
  • Living Room Living Room Level: Upper
  • Bedroom 1:Bedroom 1 Level: Upper

Exterior Features

  • Lot Features: Level, Wooded, Other
  • View: Scenic
  • Waterfront Features: River
  • Waterfront: Yes
  • Construction Type: Log Siding, Wood Frame
  • Foundation Details: Concrete Perimeter, Slab
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Exterior:Log Siding: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: 5 - 10 Spaces, Gravel, Paved, Inside Entrance, Underground

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: RSU 14

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 62290.8
  • Parcel #: RYMD-000051-000000-000012
  • Zoning: RP

Tax Info

  • Tax Annual Amount: 7135.0
  • Tax Lot: 12
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2021
Sold by
Hurteau Holdings Inc
Bought by
Reegs Properties Llc
Current Estimated Value
$790,755

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Outstanding Balance
$356,978
Interest Rate
2.98%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$433,777

Purchase Details

Listed on
Jun 1, 2021
Closed on
Sep 8, 2021
Sold by
Atlantic Home Const Inc
Bought by
Panther Run Rentals Llc
Seller's Agent
Tom Noonan
Allied Real Estate
Buyer's Agent
Tom Noonan
Allied Real Estate
List Price
$349,900
Sold Price
$266,500
Premium/Discount to List
-$83,400
-23.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.04%
Original Mortgage
$266,500
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 7, 2021
Sold by
Alc Llc
Bought by
Hurteau Holdings Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
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
Reegs Properties Llc -- None Available
Panther Run Rentals Llc -- None Available
Hurteau Holdings Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reegs Properties Llc $388,000
Previous Owner Panther Run Rentals Llc $266,500
Previous Owner Hurteau Holdings Inc $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/08/2021 09/08/21 Sold $266,500 -23.8% $149 / Sq Ft
07/28/2021 07/28/21 Pending -- -- --
06/01/2021 06/01/21 For Sale $349,900 -- $196 / 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 $5,600 $325,600 $143,800 $181,800
2023 $5,177 $325,600 $143,800 $181,800
2022 $4,884 $325,600 $143,800 $181,800
2021 $7,480 $530,500 $146,700 $383,800
2019 $7,135 $530,500 $146,700 $383,800
2018 $6,684 $530,500 $146,700 $383,800
2017 $6,525 $530,500 $146,700 $383,800
2016 $6,419 $530,500 $146,700 $383,800
2015 $6,339 $530,500 $146,700 $383,800
2014 $6,260 $530,500 $146,700 $383,800
2013 $5,968 $530,500 $146,700 $383,800
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    Tom Noonan

    Allied Real Estate

    (207) 838-7851

    17 in this area

    77 Total Sales

    Tom Noonan
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Map

Source: Maine Listings

MLS Number: 1494277

Maine Listings

APN: RYMD-000051-000000-000012

Maine Cumberland County Raymond 04071

1311 Roosevelt Trail, Raymond, ME

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