NOT LISTED FOR SALE

150 Silver Ln Limerick, ME 04048

Estimated Value: $266,036 - $403,000

2 Beds
2 Baths
1,696 Sq Ft
$197/Sq Ft Est. Value

Last Sold April 30, 2018

Last sale price $166,500 $98 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $1,840/month

129 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • View of Trees or Woods
  • Clubhouse
  • 100 Feet of Waterfront
  • 1.34 Acre Lot
  • Deck

About This Home

As of April 2018

You don't have to wait till you retire to start living the good life and better yet the good life doesn't have to break the bank. This affordable home is located on a large lot in the Lake Arrowhead community with all the amenities it has to offer. You are only steps away from the beach and the open water. Home features private back yard, front farmers porch, 3 season back deck, large kitchen with newer appliances, partially finished basement, efficient gas heat, over-sized 2 car garage, & shed. Easy to show

Last Agent to Sell the Property

Bill Trask

Bean Group Listed on: 11/08/2017

Last Buyer's Agent

Eric Flynn

Excellence Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,269

Year Built

  • Built in 1977

Lot Details

  • 1.34 Acre Lot
  • 100 Feet of Waterfront
  • Lake Front
  • Dirt Road
  • Rural Setting
  • Level Lot
  • Open Lot
  • Wooded Lot

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Views of Woods
  • Dryer

Kitchen

  • Built-In Oven
  • Electric Range
  • Microwave
  • Formica Countertops

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub

Finished Basement

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

Parking

  • Detached Garage
  • Driveway

Outdoor Features

  • Deeded Waterfront Access Rights
  • Beach Access
  • Nearby Water Access
  • Mooring
  • Deck
  • Porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Electric Water Heater
  • Private Sewer
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 268+269
  • Assessor Parcel Number 150Silver LaneLimerick44267

Community Details

Overview

  • Lake Arrowhead Subdivision
  • The community has rules related to deed restrictions

Amenities

  • Clubhouse

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,269

Year Built

Built in 1977

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.34
  • Road Surface Type: Gravel
  • Water Body Name: Lake Arrowhead
  • MLS Status: Closed
  • Subdivision Name: Lake Arrowhead
  • Directions: Use GPS. Follow Silver Lane to the end to view association beach.
  • Above Grade Finished Sq Ft: 1120.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Year Built: 1977
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 98.17
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.34
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1120.0
  • Property Information:SqFt Finished Below Grade: 576.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Heat System:Forced Air: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Walk-Out: Yes
  • Location Information:Association Fee: 100.0
  • Location Information:Fee Frequency Paid: Monthly
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Amenities:One-Floor Living: Yes
  • Vehicle Storage:Detached: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Roof:Metal: Yes
  • Floors:Laminate: Yes
  • Style:Ranch: Yes
  • Amenities:Bathtub: Yes
  • Appliances Included:Cooktop: Yes
  • Appliances Included:Wall Oven: Yes
  • Sewer:Private Sewer: Yes
  • Recreational Water:Nearby: Yes
  • Location:Rural: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 100.0
  • Recreational Water:Deeded: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Equipment:Internet Access Available: Yes
  • Site:RollingSloping: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Property Information:Deed Restrictions: Yes
  • Property Information:Bank Owned REO: No
  • Kitchen Countertop:Formica: Yes
  • Equipment:Cable: Yes
  • Recreational Water:Beach Rights: Yes
  • Recreational Water:Boat Mooring: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Advertising Remarks:Advertising Remarks: You don't have to wait till you retire to start living the good life and better yet the good life doesn't have to break the bank. This affordable home is located on a large lot in the Lake Arrowhead community with all the amenities it has to offer. You are only steps away from the beach and the open water. Home features private back yard, front farmers porch, 3 season back deck, large kitchen with newer appliances, partially finished basement, efficient gas heat, over-sized 2 car garage, & she Easy to show
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None

Interior Features

  • Appliances: Wall Oven, Refrigerator, Microwave, Electric Range, Dryer, Cooktop
  • Has Basement: Finished, Full, Walk-Out Access
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 576.0
  • Interior Amenities: 1st Floor Bedroom, Bathtub, One-Floor Living
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Rolling Slope, Wooded, Rural
  • View: Trees/Woods
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Porch
  • Roof: Metal
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved, Detached

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse
  • Association Fee: 100.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Amenities:Club House: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 58370.4
  • Parcel #: 150Silver LaneLimerick44267
  • Zoning: Res

Tax Info

  • Tax Annual Amount: 2269.0
  • Tax Lot: 268+269
  • Tax Year: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2017
Closed on
May 2, 2018
Sold by
Blanchard Ret and Blanchard
Bought by
Kellems Cathleen M and Lacroix Adam J
Seller's Agent
Bill Trask
Bean Group
Buyer's Agent
Eric Flynn
Excellence Realty
List Price
$165,000
Sold Price
$166,500
Premium/Discount to List
$1,500
0.91%
Current Estimated Value
$334,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,018
Avg. Annual Appreciation
9.50%
Original Mortgage
$158,175
Outstanding Balance
$135,767
Interest Rate
4.45%
Mortgage Type
New Conventional
Estimated Equity
$198,751

Purchase Details

Closed on
Sep 19, 2016
Sold by
Blanchard Michael
Bought by
Blanchard Ret and Blanchard

Purchase Details

Listed on
Jun 12, 2014
Closed on
Oct 23, 2014
Sold by
Estey George E and Fnma
Bought by
Federal National Mortgage Association
Seller's Agent
Terry Bragdon Fletcher
Regency Realty Group
Buyer's Agent
Bill Trask
Bean Group
List Price
$87,000
Sold Price
$60,000
Premium/Discount to List
-$27,000
-31.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.63%
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
Kellems Cathleen M -- --
Kellems Cathleen M -- --
Blanchard Ret -- --
Kellems Cathleen M -- --
Blanchard Ret -- --
Blanchard Ret -- --
Blanchard Ret -- --
Blanchard Ret -- --
Federal National Mortgage Association -- --
Federal National Mortgage Association -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kellems Cathleen M $158,175
Closed Kellems Cathleen M $158,175
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/30/2018 04/30/18 Sold $166,500 +0.9% $98 / Sq Ft
03/18/2018 03/18/18 Pending -- -- --
11/08/2017 11/08/17 For Sale $165,000 +175.0% $97 / Sq Ft
11/07/2014 11/07/14 Sold $60,000 -31.0% $35 / Sq Ft View Prior Sale
10/01/2014 10/01/14 Pending -- -- --
06/12/2014 06/12/14 For Sale $87,000 -- $51 / 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 $100 $10,500 $10,500 $0
2024 $100 $10,500 $10,500 $0
2023 $26 $1,700 $1,700 $0
2022 $24 $1,700 $1,700 $0
2021 $23 $1,360 $1,360 $0
2020 $22 $1,360 $1,360 $0
2019 $21 $1,360 $1,360 $0
2018 $22 $1,360 $1,360 $0
2017 $21 $1,360 $1,360 $0
2016 $20 $1,360 $1,360 $0
2015 $20 $1,360 $1,360 $0
2014 $2,133 $150,740 $27,360 $123,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1332098

Maine Listings

APN: LIME-000044-000000-000267