NOT LISTED FOR SALE

168 Eastwood Ln Smithfield, ME 04978

Estimated Value: $538,000 - $1,180,923

3 Beds
2 Baths
1,800 Sq Ft
$404/Sq Ft Est. Value

Last Sold October 20, 2021

Last sale price $950,000 $528 Per Sq Ft

Est. 23% decrease in value since last sale

Current estimated payment $4,616/month

24 Days on Market

Highlights

  • 375 Feet of Waterfront
  • Deep Water Access
  • Home fronts a pond
  • Docks
  • Spa
  • Cape Cod Architecture

About This Home

As of October 2021

What a beautiful property! Custom built year round cottage style home on 6.5 acres with 375' of deep water frontage. Very private! Sit on the dock at the quiet end of the lake and enjoy the great lake views with no other houses in sight. Enter this lovely home through a full 400 sq. ft. screened porch. Step into the cathedral ceilinged living room with a classic stone fireplace. The fully applianced kitchen with center island and dining room lead the way to another 260 sq. ft. screened porch with attached deck and hot tub. The master bedroom is also located on the first floor and has direct access to the front screened porch. A full bath, laundry room and mudroom complete this floor. Go up the custom stairway to the second floor and you will find two bedrooms, a full bath and an office area. There is also an oversized 3 car garage with a finished, heated 600 sq. ft. bonus room complete with a full bath above. The neighborhood was designed with privacy and natural beauty in mind. East Pond is part of the Belgrade Lakes chain and is 1823 acres in size. Trophy bass among other species are caught in this pond! This property has earned the Lakesmart designation for best lakefront practices. Come and visit today!

Last Agent to Sell the Property

Rebecca Dunbar

Portside Real Estate Group Listed on: 07/30/2021

Last Buyer's Agent

Becky Dunbar

Lake & Country Real Estate, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,971

Year Built

  • Built in 2003

Lot Details

  • 6.5 Acre Lot
  • Home fronts a pond
  • 375 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Dirt Road
  • Rural Setting
  • Landscaped
  • Property is zoned shoreland

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

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

Interior Spaces

  • 1,800 Sq Ft Home
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Screened Porch

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

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

Outdoor Features

  • Spa
  • Deep Water Access
  • Docks
  • Deck
  • Shed

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Heating System Mounted To A Wall or Window
  • Generator Hookup
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic System
  • Septic Design Available
  • High Speed Internet
  • Internet Available

Community Details

  • Eastwood Homeowner's Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Tax Lot 5-L
  • Assessor Parcel Number SMID-000004-000000-000005-L000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,971

Year Built

Built in 2003

Lot Details

0

HOA Fees

$25 per month

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 6.5
  • Road Frontage Type: Private
  • Road Surface Type: Gravel
  • Water Body Name: East
  • MLS Status: Closed
  • Subdivision Name: Eastwood Homeowner's
  • Directions: From Oakland Rt. 137 to East Pond Road. Go 2.6 miles to Eastwood Lane on the left. Follow .6 miles to property. No sign.
  • Above Grade Finished Sq Ft: 1800.0
  • Architectural Style: Cottage, Cape
  • Garage Yn: Yes
  • Year Built: 2003
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 6.5
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1800.0
  • Property Information:Garage: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Walk-Out: Yes
  • Location Information:Association Fee: 300.0
  • Location Information:Fee Frequency Paid: Annually
  • Property Information:Garage Spaces: 3.0
  • Roads:Private: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Dining Room:Dining Room: Yes
  • Kitchen Amenities:Island: Yes
  • Living Room:Living Room: Yes
  • Room Features:Island2: Yes
  • Parking:On Site2: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Property Information:Short Sale Continue to Show: No
  • Heat Fuel:Wood2: Yes
  • Living Room Amenities:Wood Burning Fireplace14: Yes
  • Room Features:Wood Burning Fireplace29: Yes
  • Location:Rural: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 375.0
  • Water Info:Water Frontage Owned -: 375.0
  • Recreational Water:Waterfront Deep: Yes
  • Style:Cottage: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Equipment:Internet Access Available: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Property Information:Deed Restrictions: Yes
  • Appliances Included:Gas Range: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Sewer:Septic Design Available: Yes
  • Living Room Amenities:Cathedral Ceiling5: Yes
  • Room Features:Cathedral Ceiling29: Yes
  • View:Scenic: Yes
  • Heat System:Direct Vent Heater: Yes
  • Water Info:Island3: No
  • Electric:Generator Hookup: Yes
  • Recreational Water:Dock: Yes
  • Equipment:DSL: Yes
  • Dining Room Amenities:Cathedral Ceiling15: Yes
  • Amenities:Hot Tub: Yes
  • Other Structures:Shed: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour

Interior Features

  • Private Spa: Yes
  • Appliances: Washer, Refrigerator, Microwave, Gas Range, Dryer, Dishwasher
  • Has Basement: Walk-Out Access, Full
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Bedroom, 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
  • Primary Bedroom Primary Bedroom Level: First

Exterior Features

  • Lot Features: Landscaped, Rural, Subdivided
  • View: Scenic
  • Waterfront Features: Lake, Pond
  • Waterfront: Yes
  • Construction Type: Shingle Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck, Screened
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Gravel, On Site, Garage Door Opener

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Direct Vent Heater
  • Heating Yn: Yes
  • Electric: Generator Hookup, Circuit Breakers
  • Sewer: Septic Design Available, Septic Existing on Site
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association Fee: 300.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • Pets Allowed: Other Restrictions

Schools

  • Junior High Dist: RSU 54/MSAD 54

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 283140.0
  • Parcel #: SMID-000004-000000-000005-L000000
  • Zoning: shoreland

Tax Info

  • Tax Annual Amount: 6971.0
  • Tax Book Number: 2903
  • Tax Lot: 5-L
  • Tax Map Number: 4
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2021
Closed on
Oct 20, 2021
Sold by
Hesson Theodore E and Hesson Cynthia F
Bought by
Hanlon David S and Hanlon Pamela J
Seller's Agent
Rebecca Dunbar
Portside Real Estate Group
Buyer's Agent
Becky Dunbar
Lake & Country Real Estate, LLC
List Price
$995,000
Sold Price
$950,000
Premium/Discount to List
-$45,000
-4.52%
Current Estimated Value
$726,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$223,019
Avg. Annual Appreciation
-6.49%
Original Mortgage
$760,000
Outstanding Balance
$704,969
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$26,315

Purchase Details

Closed on
May 3, 2017
Sold by
Hesson Theodore E and Hesson Cynthia F
Bought by
Morin Bethany

Purchase Details

Closed on
Dec 30, 2005
Sold by
Giguere Ent Inc
Bought by
Hesson Theodore E
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
Hanlon David S -- None Available
Morin Bethany -- --
Hesson Theodore E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hanlon David S $100,000
Open Hanlon David S $760,000
Previous Owner Hesson Cynthia F $100,000
Previous Owner Hesson Theodore E $232,000
Previous Owner Hesson Theodore E $153,500
Previous Owner Hesson Theodore E $218,500
Previous Owner Hesson Theodore E $218,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2021 10/20/21 Sold $950,000 -4.5% $528 / Sq Ft
08/24/2021 08/24/21 Pending -- -- --
07/30/2021 07/30/21 For Sale $995,000 -- $553 / 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 $8,618 $615,600 $286,400 $329,200
2023 $7,012 $417,400 $194,200 $223,200
2022 $7,012 $417,400 $194,200 $223,200
2021 $6,971 $417,400 $194,200 $223,200
2020 $6,971 $417,400 $194,200 $223,200
2019 $6,971 $417,400 $194,200 $223,200
2018 $6,887 $417,400 $194,200 $223,200
2017 $7,096 $417,400 $194,200 $223,200
2016 $7,096 $417,400 $194,200 $223,200
2015 $6,929 $417,400 $194,200 $223,200
2013 $6,198 $417,400 $194,200 $223,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1502979

Maine Listings

APN: SMID-000004-000000-000005-L000000