NOT LISTED FOR SALE

16 Centennial Springs Unit 7 New Gloucester, ME 04260

Estimated Value: $220,000 - $291,190

2 Beds
1 Bath
720 Sq Ft
$100/mo HOA Fee

Last Sold April 19, 2021

Last sale price $170,000 $236 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $1,707/month

45 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Docks
  • Wooded Lot
  • 336 Feet of Waterfront
  • Public Beach
  • Ranch Style House

About This Home

As of April 2021

Roll up your sleeves and make this home your own! Lots of potential with the open floor plan and one level living on pristine Sabbathday lake! These don't come up very often. Come and join this 7 unit waterfront community! Double fireplace, newer metal roof, direct waterfront access, do the renovation now and be ready for Summer fun! Income potential as well in this very desirable area!

Last Agent to Sell the Property

Diane Libby

Portland's Choice Realty, LLC Listed on: 02/16/2021

Last Buyer's Agent

Diane Libby

Portland's Choice Realty, LLC Listed on: 02/16/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,543

Year Built

  • Built in 1940

Lot Details

  • 336 Feet of Waterfront
  • Lake Front
  • Public Beach
  • Lot Has A Rolling Slope
  • Wooded Lot

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Ranch Style House
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 720 Sq Ft Home
  • 2 Fireplaces
  • Stove
  • Washer

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deeded Waterfront Access Rights
  • Beach Access
  • Docks

Location

  • Property is near a golf course

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Heating System Mounted To A Wall or Window
  • Private Water Source
  • Electric Water Heater
  • Septic Design Available

Community Details

  • 7 Units
  • Centennial Springs Subdivision

Listing and Financial Details

  • Tax Lot 26-9
  • Assessor Parcel Number 0002-0026-9

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,543

Year Built

Built in 1940

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Water Body Name: Sabbathday Lake
  • MLS Status: Closed
  • Subdivision Name: Centennial Springs
  • Directions: Route 26 North to Right on Sabbathday Rd, Right at Centennial Springs, bear Right, last house on left
  • Above Grade Finished Sq Ft: 720.0
  • Architectural Style: Ranch
  • Garage Yn: No
  • Year Built: 1940
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 263.75
  • Property Information:Seasonal: No
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 720.0
  • Property Information:Garage: No
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Electric:Circuit Breakers: Yes
  • Location Information:Association Fee: 100.0
  • Location Information:Fee Frequency Paid: Monthly
  • Condominium:Unit Type: PUD
  • Condominium:FHA Certification2: No
  • Condominium:Rental Allowed: Yes
  • Condominium:Units in Building: 7
  • Water Heater:Electric2: Yes
  • Amenities:One-Floor Living: Yes
  • Roof:Metal: Yes
  • Style:Ranch: Yes
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Foundation Materials:PillarPostPier: Yes
  • Heat Fuel:Wood2: Yes
  • Water Info:Waterfront Amount -: 336.0
  • Water Info:Water Frontage Shared -: 336.0
  • Recreational Water:Deeded: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Site:RollingSloping: Yes
  • Sewer:Septic Design Available: Yes
  • View:Scenic: Yes
  • Heat System:Direct Vent Heater: Yes
  • Recreational Water:Dock: Yes
  • Recreational Water:Beach Rights: Yes
  • Sewer:Quasi-Public: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Property Information # Fireplaces: 2
  • Advertising Remarks:Advertising Remarks: Roll up your sleeves and make this home your own! Lots of potential with the open floor plan and one level living on pristine Sabbathday lake! These don't come up very often. Come and join this 7 unit waterfront community! Double fireplace, newer metal roof, direct waterfront access, do the renovation now and be ready for Summer fun! Income potential as well in this very desirable area! Contact Diane Libby, 207-232-8579
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: One-Floor Living

Exterior Features

  • Lot Features: Right of Way, Rolling Slope, Wooded, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate
  • View: Scenic
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Pillar/Post/Pier
  • Roof: Metal

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove, Direct Vent Heater
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Quasi-Public, Septic Design Available
  • Water Source: Private

Condo/Co-op/Association

  • Association Fee: 100.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Land Lease: No
  • Parcel #: 0002-0026-9
  • Zoning: Shoreland

Multi Family

  • Number Of Units In Community: 7

Tax Info

  • Tax Annual Amount: 2543.0
  • Tax Lot: 26-9
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2021
Closed on
Apr 19, 2021
Sold by
Wyman David
Bought by
Bowman Ventures Llc
Seller's Agent
Diane Libby
Portland's Choice Realty, LLC
Buyer's Agent
Diane Libby
Portland's Choice Realty, LLC
List Price
$189,900
Sold Price
$170,000
Premium/Discount to List
-$19,900
-10.48%
Current Estimated Value
$259,397

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,397
Avg. Annual Appreciation
9.60%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bowman Ventures Llc -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2021 04/19/21 Sold $170,000 -10.5% $236 / Sq Ft
04/03/2021 04/03/21 Pending -- -- --
02/16/2021 02/16/21 For Sale $189,900 -- $264 / 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 $2,897 $187,277 $146,000 $41,277
2024 $2,789 $187,277 $146,000 $41,277
2023 $2,676 $187,277 $146,000 $41,277
2022 $2,584 $187,277 $146,000 $41,277
2021 $2,584 $187,277 $146,000 $41,277
2020 $2,543 $186,297 $146,000 $40,297
2019 $2,398 $141,900 $105,400 $36,500
2018 $2,242 $141,900 $105,400 $36,500
2017 $2,214 $141,900 $105,400 $36,500
2016 $2,086 $141,900 $105,400 $36,500
2015 $2,079 $141,900 $105,400 $36,500
2014 $2,058 $141,900 $105,400 $36,500
2013 $1,909 $141,900 $105,400 $36,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1482210

Maine Listings

APN: NEWG-000002-000000-000026-000009