NOT LISTED FOR SALE

18 Beach St Sebago, ME 04029

Estimated Value: $955,451 - $985,000

2 Beds
1 Bath
960 Sq Ft
$1,011/Sq Ft Est. Value

Last Sold June 14, 2024

Last sale price $800,000 $833 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $5,808/month

4 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Docks
  • Vaulted Ceiling
  • 50 Feet of Waterfront
  • Deck
  • Main Floor Bedroom

About This Home

As of June 2024

Year-round lakeside living on Sebago! This charming cottage is located in the highly sought-after Northwest Shores Association and features a new 40' Duralite aluminum dock with ramp and handrails that safely leads from your boat to the waterfront terraces where you can relax at the water's edge. The property's shore has been secured by a recently engineered and professionally installed seawall. And, as part of the Association, you can enjoy the use of the nearby private sandy beach and keep your boat safe during any storms at your boat slip in the protected harbor, easily accessed just a few lots away at the end of South Beach St. Originally built in 1955 by the owner's grandfather, this home has remained in the family and has been lovingly maintained and improved over the decades. Whether you're finding respite in the shade of the mature oak tree on the home's newer side deck (creatively built around the tree's base) or watching the sunrise from the perched view, you'll quickly realize that 18 South Beach is a special place. Upon entering the home, you are greeted by the sunroom with vaulted ceilings and expansive lake views - this will be your new favorite spot! The main living area, with original tongue and groove pine, offers a cozy yet open feel, and the eat-in-kitchen flows to the living area with a niche and wall of built-in bookshelves. Down the hall are the renovated full bath and the bedrooms with pocket doors and large closets to maximize the sense of space. A spiral staircase leads to the full, unfinished basement which has both a front door to the waterside and double doors to the attached carport. With a laundry area and additional egress by numerous front and back windows, this basement offers the potential to expand your finished square footage. The owners have completed many recent updates including newer roof, windows, flooring, plumbing and electrical updates, furnace and oil tank, and new septic system. Enjoy summer of 2024 on Sebago Lake!

Last Agent to Sell the Property

Venise Bard

Better Homes & Gardens Real Estate/The Masiello Group Listed on: 05/16/2024

Better Homes & Gardens Real Estate/The Masiello Group

Last Buyer's Agent

Jocelyn O'Rourke-Shane

Maine Real Estate Choice

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,999

Year Built

  • Built in 1955

Lot Details

  • 8,712 Sq Ft Lot
  • 50 Feet of Waterfront
  • Lake Front
  • Dirt Road
  • Street terminates at a dead end
  • Rural Setting
  • Interior Lot
  • Level Lot
  • Open Lot
  • Property is zoned Shoreland

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Carport
  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Cottage
  • Bungalow
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 960 Sq Ft Home
  • Furnished
  • Built-In Features
  • Vaulted Ceiling
  • Living Room
  • Sun or Florida Room
  • Storm Doors

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Formica Countertops

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom
  • Shower Only

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Natural lighting in basement

Outdoor Features

  • Deeded Waterfront Access Rights
  • Beach Access
  • Nearby Water Access
  • Deep Water Access
  • Mooring
  • Docks
  • Deck
  • Shed
  • Porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Private Water Source
  • Well
  • Gas Water Heater
  • Private Sewer

Community Details

  • The community has rules related to deed restrictions

Listing and Financial Details

  • Tax Lot 47
  • Assessor Parcel Number SEBA-000023-000000-000047

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,999

Year Built

Built in 1955

Lot Details

0

HOA Fees

$25 per month

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2
  • Road Surface Type: Gravel
  • Water Body Name: Sebago Lake
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 960.0
  • Architectural Style: Cottage, Bungalow
  • Garage Yn: Yes
  • Efficiency: Storm Doors
  • Year Built: 1955
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.2
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 960.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Basement:Daylight: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Water Heater:Gas: Yes
  • Location Information:Association Fee: 300.0
  • Location Information:Fee Frequency Paid: Annually
  • Property Information:Garage Spaces: 1.0
  • Exterior:Vinyl Siding: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Roof:Metal: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Living Room:Living Room: Yes
  • Room Features:Eat-in Kitchen2: Yes
  • Floors:Laminate: Yes
  • Style:Bungalow: Yes
  • Parking:On Site2: Yes
  • Foundation Materials:Block3: Yes
  • Sunroom:Sunroom: Yes
  • Sewer:Private Sewer: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Location:Rural: Yes
  • Roads:Dead End: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 50.0
  • Water Info:Water Frontage Owned -: 50.0
  • Water Info:Water Frontage Shared -: 100.0
  • Recreational Water:Deeded: Yes
  • Style:Cottage: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Property Information:Deed Restrictions: Yes
  • Water:Well Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Kitchen Countertop:Formica: Yes
  • View:Scenic: Yes
  • Water Heater:Tank: Yes
  • Amenities:Furniture Included: Yes
  • Room Features:Built-Ins30: Yes
  • Transportation:Deep Water Access: Yes
  • Recreational Water:Dock: Yes
  • Room Features:Vaulted Ceiling29: Yes
  • Vehicle Storage:Carport: Yes
  • Recreational Water:Beach Rights: Yes
  • Energy Efficiency:Storm Doors: Yes
  • Living Room Amenities:Informal2: Yes
  • Sunroom Amenities:Four-Season: Yes
  • Recreational Water:Boat Mooring: Yes
  • Living Room Amenities:Built-Ins14: Yes
  • Sunroom Amenities:Vaulted Ceiling18: Yes
  • Other Structures:Shed: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer
  • Has Basement: Walk-Out Access, Daylight, Full, Interior Entry, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: Furniture Included, 1st Floor Bedroom, Shower
  • Full Basement: Yes
  • Bedroom 2 Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First
  • Location:Interior Lot: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Interior Lot, Rural
  • View: Scenic
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Block
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck, Porch
  • Roof: Metal, Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: 1 - 4 Spaces, Gravel, On Site, Carport, Inside Entrance

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Utilities: Utilities On
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association Fee: 300.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8712.0
  • Parcel #: SEBA-000023-000000-000047
  • Zoning: Shoreland

Tax Info

  • Tax Annual Amount: 6999.0
  • Tax Book Number: 26880
  • Tax Lot: 47
  • Tax Map Number: 23
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2024
Closed on
Jun 14, 2024
Sold by
Aitchison Suzanne and Aitchison Cecile R
Bought by
Wales Enterprises Llc
Seller's Agent
Venise Bard
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Jocelyn O'Rourke-Shane
Maine Real Estate Choice
List Price
$800,000
Sold Price
$800,000
Views
12
Current Estimated Value
$970,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,226
Avg. Annual Appreciation
16.83%
Original Mortgage
$600,000
Outstanding Balance
$593,653
Interest Rate
7.22%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$376,573

Purchase Details

Closed on
May 12, 2009
Sold by
Airey Martha R
Bought by
Aitchison Cecile R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,000
Interest Rate
4.9%
Mortgage Type
Purchase Money Mortgage
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
Wales Enterprises Llc $800,000 None Available
Wales Enterprises Llc $800,000 None Available
Aitchison Cecile R -- --
Aitchison Cecile R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wales Enterprises Llc $225,000
Open Wales Enterprises Llc $600,000
Closed Wales Enterprises Llc $600,000
Previous Owner Aitchison Cecile R $221,000
Previous Owner Aitchison Suzanne $146,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2024 06/14/24 Sold $800,000 0.0% $833 / Sq Ft
05/21/2024 05/21/24 Pending -- -- --
05/16/2024 05/16/24 For Sale $800,000 -- $833 / 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 $7,354 $539,178 $423,500 $115,678
2023 $6,999 $539,178 $423,500 $115,678
2022 $5,607 $539,178 $423,500 $115,678
2021 $5,311 $539,178 $423,500 $115,678
2020 $4,154 $306,737 $240,550 $66,187
2019 $1,854 $306,737 $240,550 $66,187
2018 $4,034 $306,737 $240,550 $66,187
2017 $3,610 $306,737 $240,550 $66,187
2016 $3,773 $306,737 $240,550 $66,187
2015 $4,018 $306,737 $240,550 $66,187
2014 $4,092 $306,737 $240,550 $66,187
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1589847

Maine Listings

APN: SEBA-000023-000000-000047