Seller's Agent in 2022
Kathy Lee Cook
Fontaine Family-The Real Estate Leader
(207) 406-4455
6 in this area
44 Total Sales
16 Cove Rd Fayette, ME 04349
Estimated Value: $363,000 - $536,017
2
Beds
1.5
Baths
900
Sq Ft
$501/Sq Ft
Est. Value
Highlights
- Deeded Waterfront Access Rights
- Docks
- Contemporary Architecture
- 100 Feet of Waterfront
- Home fronts a pond
- Wooded Lot
About This Home
As of April 2022Very well-maintained contemporary right on Lovejoy Pond. Back lawn slopes down to the water for easy access for boat, canoe & fishing. Beautiful views of the pond. Efficient yet attractive interior with abundant windows to watch the outdoors during all 4 seasons from the comfort of your living room. Loft area at the top of the stairs has a sleeper sofa. Second floor has a second bedroom and a half bath. Home comes furnished along with a new dock. Very successful Air BnB. Sandy swimming area at waters edge.
Last Agent to Sell the Property
Fontaine Family-The Real Estate Leader Listed on: 03/08/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,045
Year Built
- Built in 2003
Lot Details
- 0.32 Acre Lot
- Home fronts a pond
- 100 Feet of Waterfront
- Dirt Road
- Street terminates at a dead end
- Rural Setting
- Landscaped
- Level Lot
- Open Lot
- Wooded Lot
- Property is zoned Shoreland
Property Views
- Water
- Scenic Vista
Home Design
- Contemporary Architecture
- Concrete Foundation
- Wood Frame Construction
- Metal Roof
- Shingle Siding
- Concrete Perimeter Foundation
Interior Spaces
- 900 Sq Ft Home
- Furnished
- Ceiling Fan
- 2 Fireplaces
- Double Pane Windows
- Living Room
- Dining Room
- Loft
- Wood Flooring
Kitchen
- Stove
- Gas Range
- Microwave
- Formica Countertops
Bedrooms and Bathrooms
- 2 Bedrooms
- Main Floor Bedroom
Laundry
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Doghouse Basement Entry
- Interior and Exterior Basement Entry
- Sump Pump
Parking
- Gravel Driveway
- On-Site Parking
Outdoor Features
- Deeded Waterfront Access Rights
- Docks
- Shed
Utilities
- Air Conditioning
- Multiple cooling system units
- Heating System Uses Propane
- Baseboard Heating
- Private Water Source
- Well
- Gas Water Heater
- Septic System
- Private Sewer
- Internet Available
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 0118
- Assessor Parcel Number FAYE-000002-000000-000018U
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 11, 2015
Closed on
May 16, 2016
Sold by
Michaud Victor G and Michaud Mary J
Bought by
Mcmorrow Norman S and Mcmorrow Audrey L
Seller's Agent
Kathy Lee Cook
Fontaine Family-The Real Estate Leader
Buyer's Agent
Ann Castonguay
Sprague & Curtis Real Estate
List Price
$210,000
Sold Price
$187,000
Premium/Discount to List
-$23,000
-10.95%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,504
Avg. Annual Appreciation
9.79%
Original Mortgage
$149,600
Outstanding Balance
$119,286
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$331,218
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mcmorrow Norman S | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mcmorrow Norman S | $149,600 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/14/2022 04/14/22 | Sold | $405,000 | +14.1% | $450 / Sq Ft | |
| 03/09/2022 03/09/22 | Pending | -- | -- | -- | |
| 03/08/2022 03/08/22 | For Sale | $355,000 | +89.8% | $394 / Sq Ft | |
| 05/13/2016 05/13/16 | Sold | $187,000 | -11.0% | $208 / Sq Ft | View Prior Sale |
| 03/28/2016 03/28/16 | Pending | -- | -- | -- | |
| 12/11/2015 12/11/15 | For Sale | $210,000 | -- | $233 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $3,706 | $273,900 | $180,000 | $93,900 |
| 2023 | $3,657 | $273,900 | $180,000 | $93,900 |
| 2022 | $3,640 | $273,900 | $180,000 | $93,900 |
| 2021 | $4,051 | $214,900 | $128,100 | $86,800 |
| 2020 | $4,045 | $214,600 | $128,100 | $86,500 |
| 2019 | $4,024 | $214,600 | $128,100 | $86,500 |
| 2018 | $3,874 | $214,600 | $128,100 | $86,500 |
| 2017 | $3,541 | $214,600 | $128,100 | $86,500 |
| 2016 | $3,326 | $214,600 | $128,100 | $86,500 |
| 2015 | $3,240 | $214,600 | $128,100 | $86,500 |
| 2014 | $3,219 | $214,600 | $128,100 | $86,500 |
| 2013 | $2,951 | $214,600 | $128,100 | $86,500 |
Source: Public Records
Agents Affiliated with this Home
-
Kathy Lee Cook
-
Derek Goff Joseph Tomazin
Buyer's Agent in 2022
Derek Goff Joseph Tomazin
Signature Homes Real Estate Group, LLC
(207) 542-7563
2 in this area
262 Total Sales
-
Ann Castonguay
Buyer's Agent in 2016
Ann Castonguay
Sprague & Curtis Real Estate
(207) 242-1464
2 in this area
206 Total Sales
Map
Source: Maine Listings
MLS Number: 1521214
APN: FAYE-000002-000000-000018U
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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