NOT LISTED FOR SALE

Estimated Value: $613,000 - $889,000

3 Beds
2 Baths
1,750 Sq Ft
$406/Sq Ft Est. Value

Last Sold December 10, 2021

Last sale price $532,000 $304 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $4,597/month

10 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Docks
  • Cape Cod Architecture
  • 206 Feet of Waterfront
  • Public Beach
  • Clubhouse

About This Home

As of December 2021

All you would ever need in a waterfront property!
206 ft of owned, direct water frontage on Lake Arrowhead. Lake Arrowhead Association offers a clubhouse, fitness center, indoor and outdoor swimming pools. Something for all seasons. This 3 bedroom 2 full bath cape cod home with gas insert fireplace for those chilly evenings along with a wood stove in the sunroom with lake views is so warm and cozy! There is an additional lot for extra privacy and the association beach is just on the other side of the lot. A full walk out basement and workshop with laundry. Heat pumps for heating and cooling along with a whole house generator. Enjoying the 206 feet of waterfront is made even more pleasurable with an outdoor speaker system. Furnace, on demand hot water, oil tank all new within the last year! An invisible fence for pets is already installed. Kitchen with farmers sink and corian countertops is sure to please.The neighborhood enjoys weekly trash pick up as part of the association fees. There are 11 beaches in the association! Dock system both aluminum and a floating dock. Bring your boat! Enjoy the Ossipee Mountain Trail System, ATV and snowmobile club...sure to keep you busy! Security camera system conveys. Speakers in the home and outside will not convey however the speakers system is set up to add any speakers the buyer would like. 1995 Polaris Jet-Ski will convey as well as master bed and twin bed, coat rack in breezeway, workbench in basement and tool box, adirondack chairs and fire pit also all convey. Washer and dryer do not convey.

Last Listed By

Kimberly Conaway

Coldwell Banker Team Real Estate Listed on: 10/19/2021

Coldwell Banker Team Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,211

Year Built

  • Built in 1988

Lot Details

  • 1.13 Acre Lot
  • 206 Feet of Waterfront
  • Lake Front
  • Dirt Road
  • Public Beach
  • Rural Setting
  • Level Lot
  • Wooded Lot

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Driveway

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,750 Sq Ft Home
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Water Views
  • Laundry on upper level

Kitchen

  • Electric Range
  • Stove
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Shower Only

Unfinished Basement

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

Outdoor Features

  • Deeded Waterfront Access Rights
  • Beach Access
  • Docks
  • Shed
  • Porch

Utilities

  • Cooling Available
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Heat Pump System
  • Hot Water Heating System
  • Water Heated On Demand
  • Septic System
  • Septic Design Available
  • Private Sewer

Listing and Financial Details

  • Tax Lot 156
  • Assessor Parcel Number LIME-000041-000000-000156

Community Details

Overview

  • Lac Subdivision

Amenities

  • Clubhouse

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,211

Year Built

Built in 1988

Lot Details

0

HOA Fees

$83 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.13
  • Road Surface Type: Gravel
  • Water Body Name: Lake Arrowhead
  • MLS Status: Closed
  • Subdivision Name: LAC
  • Above Grade Finished Sq Ft: 1750.0
  • Architectural Style: Cape
  • Garage Yn: Yes
  • Year Built: 1988
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 1.13
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1750.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Heat System:Hot Water: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Heat Fuel:Oil: Yes
  • Heat Fuel:Propane: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Walk-Out: Yes
  • Water Heater:On Demand: Yes
  • Location Information:Association Fee: 1000.0
  • Location Information:Fee Frequency Paid: Annually
  • Property Information:Garage Spaces: 2.0
  • Heat System:Heat Pump: Yes
  • Cooling:Heat Pump3: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Roof:Metal: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Sunroom:Sunroom: Yes
  • Appliances Included:Cooktop: Yes
  • Sewer:Private Sewer: Yes
  • Property Information:Short Sale Continue to Show: No
  • Heat Fuel:Wood2: Yes
  • Location:Rural: Yes
  • Water Info:Waterfront Amount -: 206.0
  • Water Info:Water Frontage Owned -: 206.0
  • Recreational Water:Deeded: Yes
  • Site:Wooded: Yes
  • Property Information:Deed Restrictions: Unknown
  • Sewer:Septic Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Sewer:Septic Design Available: Yes
  • Kitchen Countertop:Solid Surface: Yes
  • Recreational Water:Dock: Yes
  • Recreational Water:Beach Rights: Yes
  • Other Structures:Shed: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Microwave, Electric Range, Dishwasher, Cooktop
  • Has Basement: Walk-Out Access, Full, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Shower
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First

Exterior Features

  • Lot Features: Level, Wooded, Near Public Beach, Rural
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Wood Siding, Wood Frame
  • Exterior Features: Animal Containment System
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed(s)
  • Patio And Porch Features: Porch
  • Roof: Metal
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Paved, Garage Door Opener

Utilities

  • Laundry Features: Upper Level
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Stove, Other, Hot Water, Heat Pump
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Design Available, Septic Existing on Site
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse
  • Association Fee: 1000.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Association Amenities:Club House: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 49222.8
  • Parcel #: LIME-000041-000000-000156
  • Zoning: residential

Tax Info

  • Tax Annual Amount: 4211.0
  • Tax Book Number: 10685
  • Tax Lot: 156
  • Tax Map Number: 041
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2021
Closed on
Dec 10, 2021
Sold by
Palumbo John F and Palumbo Deborah L
Bought by
Patterson Ryan M and Taitz Mark S
Seller's Agent
Kimberly Conaway
Coldwell Banker Team Real Estate
Buyer's Agent
Danny Sullivan
Vallee Real Estate
List Price
$532,000
Sold Price
$532,000
Total Days on Market
10
Current Estimated Value
$710,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,200
Avg. Annual Appreciation
9.22%
Original Mortgage
$300,000
Outstanding Balance
$279,948
Interest Rate
3.14%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$438,600

Range of Values:

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Average Value
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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
Patterson Ryan M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patterson Ryan M $300,000
Previous Owner Palumbo John F $302,772
Previous Owner Palumbo John $212,000
Previous Owner Palumbo John F $223,100
Previous Owner Palumbo Deborah L $227,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2021 12/10/21 Sold $532,000 0.0% $304 / Sq Ft
10/30/2021 10/30/21 Pending -- -- --
10/19/2021 10/19/21 For Sale $532,000 -- $304 / 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 $6,917 $728,084 $392,546 $335,538
2023 $4,879 $320,954 $143,150 $177,804
2022 $4,558 $320,954 $143,150 $177,804
2021 $4,262 $256,763 $114,520 $142,243
2020 $4,211 $256,763 $114,520 $142,243
2019 $4,044 $256,763 $114,520 $142,243
2018 $4,147 $256,763 $114,520 $142,243
2017 $4,044 $256,763 $114,520 $142,243
2016 $3,864 $256,763 $114,520 $142,243
2015 $3,749 $256,763 $114,520 $142,243
2014 $3,633 $256,763 $114,520 $142,243
Source: Public Records

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Source: Maine Listings

MLS Number: 1512472

Maine Listings

APN: LIME-000041-000000-000156