NOT LISTED FOR SALE

Estimated Value: $1,214,000 - $2,472,000

4 Beds
1 Bath
1,100 Sq Ft
$1,687/Sq Ft Est. Value

Last Sold October 10, 2017

Last sale price $550,000 $500 Per Sq Ft

Est. 237% increase in value since last sale

Current estimated payment $11,699/month

39 Days on Market

Highlights

  • 150 Feet of Waterfront
  • Deep Water Access
  • Main Floor Bedroom
  • Docks
  • Deck
  • Cottage

About This Home

As of October 2017

Privacy, privacy, privacy in quiet neighborhood. Exceptional location, this seasonal 4 bedroom cottage with updated kitchen & bath. Great beach, stone pier, mooring and new 4 bedroom septic in 2009. Ready to use as a vacation getaway or with ingenuity enjoy access all 4 seasons.

Last Listed By

Diane Monaco

Maine Real Estate Choice Listed on: 07/13/2017

Maine Real Estate Choice

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,614

Year Built

  • Built in 1958

Lot Details

  • 0.6 Acre Lot
  • 150 Feet of Waterfront
  • Lake Front
  • Dirt Road
  • Rural Setting
  • Seasonal Access to Property
  • Level Lot
  • Open Lot

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Cottage
  • Camp Architecture
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1,100 Sq Ft Home
  • Skylights
  • Living Room
  • Dining Room

Kitchen

  • Stove
  • Gas Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Deep Water Access
  • Mooring
  • Docks
  • Deck

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Propane
  • Well
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • Tax Lot 27
  • Assessor Parcel Number 17Rusty RoadRDRaymond6727

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,614

Year Built

Built in 1958

Lot Details

0

HOA Fees

$10 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.6
  • Road Surface Type: Gravel
  • Water Body Name: Sebago
  • MLS Status: Closed
  • Directions: Route 302 to Raymond Cape Road, pass Fire Lane Ferry Landing, left on Quarry Cove Road, left onto Rusty Road to cottage on right.
  • Above Grade Finished Sq Ft: 1100.0
  • Architectural Style: Camp, Cottage
  • Year Built: 1958
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 0.6
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 1100.0
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Electric:Circuit Breakers: Yes
  • Location Information:Association Fee: 10.42
  • Location Information:Fee Frequency Paid: Monthly
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Exterior:Wood Siding: Yes
  • Foundation Materials:PillarPostPier: Yes
  • Kitchen Amenities:Skylight20: Yes
  • Location:Rural: Yes
  • Water Info:Waterfront Amount -: 150.0
  • Water Info:Water Frontage Owned -: 150.0
  • Recreational Water:Waterfront Deep: Yes
  • Style:Cottage: Yes
  • Driveway:Gravel: Yes
  • Dining Room Amenities:Dining Area: Yes
  • Style:Camp: Yes
  • Appliances Included:Gas Range: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • View:Scenic: Yes
  • Recreational Water:Dock: Yes
  • Living Room Amenities:Heat Stove5: Yes
  • Recreational Water:Boat Mooring: Yes
  • Bedroom Amenities 3:Skylight11: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator, Gas Range
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Interior Amenities: 1st Floor Bedroom
  • Bedroom 2 Level: First
  • 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: Level, Open Lot, Neighborhood, Rural
  • View: Scenic
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Wood Siding, Vinyl Siding, Wood Frame
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Existing on Site
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 10.42
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 26136.0
  • Parcel #: 17Rusty RoadRDRaymond6727
  • Zoning: Unknown

Tax Info

  • Tax Annual Amount: 5614.0
  • Tax Book Number: 28369
  • Tax Lot: 27
  • Tax Map Number: 67
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2017
Closed on
Oct 10, 2017
Sold by
Foster Richard F and Foster Corrine M
Bought by
Rusty Road Llc
Seller's Agent
Diane Monaco
Maine Real Estate Choice
Buyer's Agent
Anne Mcmahon
Krainin Real Estate
List Price
$579,000
Sold Price
$550,000
Premium/Discount to List
-$29,000
-5.01%
Total Days on Market
39
Current Estimated Value
$1,855,446

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,305,446
Avg. Annual Appreciation
17.42%
Original Mortgage
$750,000
Outstanding Balance
$637,519
Interest Rate
3.86%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,217,927

Purchase Details

Closed on
May 28, 2008
Sold by
Willis Rita Y
Bought by
Blair Leo F and Blair Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
5.91%
Mortgage Type
Purchase Money Mortgage

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
Rusty Road Llc -- --
Blair Leo F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rusty Road Llc $750,000
Previous Owner Foster Richard F $42,400
Previous Owner Blair Leo F $300,000
Previous Owner Blair Leo F $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2017 10/10/17 Sold $550,000 -5.0% $500 / Sq Ft
08/22/2017 08/22/17 Pending -- -- --
07/13/2017 07/13/17 For Sale $579,000 -- $526 / 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 $16,233 $943,800 $431,000 $512,800
2023 $15,006 $943,800 $431,000 $512,800
2022 $14,157 $943,800 $431,000 $512,800
2021 $13,308 $943,800 $431,000 $512,800
2019 $12,694 $943,800 $431,000 $512,800
2018 $4,742 $464,000 $431,000 $33,000
2017 $5,707 $464,000 $431,000 $33,000
2016 $5,614 $464,000 $431,000 $33,000
2015 $5,545 $464,000 $431,000 $33,000
2014 $5,475 $464,000 $431,000 $33,000
2013 $5,220 $464,000 $431,000 $33,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1316780

Maine Listings

APN: RYMD-000067-000000-000027