J
Seller's Agent in 2021
Joshua Jakan
EXP Realty
(207) 651-1957
2 in this area
15 Total Sales
18 Otter Cove Ln North Berwick, ME 03906
South Sanford NeighborhoodEstimated Value: $373,000 - $589,493
2
Beds
1
Bath
944
Sq Ft
$550/Sq Ft
Est. Value
Highlights
- 52 Feet of Waterfront
- Main Floor Bedroom
- Mud Room
- Country Club
- 1 Fireplace
- No HOA
About This Home
As of December 2021Seller needs 24-hours to review offer. Located 1 1⁄2 hours from Boston escape to one of Southern Maine's hidden gems. Welcome to Bauneg Beg and the lakefront lifestyle you have been looking for. Swim, boat, relax, play, camp, snowshoe, ski, cook, entertain, and make lifelong memories. Bauneg Beg offers excellent recreation ranging from motor boating to quiet kayak exploration down to the Great Works River. Excellent swimming is only steps away from your front door. Charming and inviting best describe this tastefully updated year around camp which features 2 updated bedrooms, an updated bath, and large open concept living space. The fieldstone fireplace and surrounding shelves are a beautiful focal point to the living area. New furnace, heat pump, and insulation. This well maintained and low maintenance home is the perfect pairing for this unique New England location only 20-minutes to the interstate, Maine's coastal beaches, and located literally 2-minutes from golf. Each summer will feel like magic but don't forget fall and winter! The lake comes alive with color in the fall, local orchards open, and the fair season begins. Winters are active with cross country, snowshoeing, and snowmobiling. Make a tradition of a summer movie at the Saco Drive-in, fireworks at Christmas Prelude in Kennebunkport, and S'mores by the lake.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,551
Year Built
- Built in 1940
Lot Details
- 6,970 Sq Ft Lot
- 52 Feet of Waterfront
- Lake Front
- Dirt Road
- Level Lot
- Open Lot
- Property is zoned shoreland
Parking
- Gravel Driveway
Property Views
- Water
- Scenic Vista
Home Design
- Cottage
- Camp Architecture
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 944 Sq Ft Home
- 1 Fireplace
- Mud Room
- Living Room
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 2 Bedrooms
- Main Floor Bedroom
- 1 Full Bathroom
Basement
- Exterior Basement Entry
- Crawl Space
Location
- Property is near a golf course
Utilities
- Cooling Available
- Heating System Uses Propane
- Heat Pump System
- Radiant Heating System
- Well
- Electric Water Heater
- Septic System
Listing and Financial Details
- Tax Lot 13
- Assessor Parcel Number NBER-000013-000000-000013
Community Details
Overview
- No Home Owners Association
Recreation
- Country Club
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 18, 2021
Closed on
Dec 3, 2021
Sold by
Kelley Jordan C
Bought by
Langton Brian
Seller's Agent
Joshua Jakan
EXP Realty
Buyer's Agent
Karen Rice
Abigail Douris Real EstateLLC
List Price
$390,000
Sold Price
$415,000
Premium/Discount to List
$25,000
6.41%
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
$104,373
Avg. Annual Appreciation
5.78%
Original Mortgage
$50,000
Outstanding Balance
$45,975
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$473,398
Purchase Details
Closed on
Sep 28, 2007
Sold by
Moore Janice E and Moore Richard E
Bought by
Kelley Jordan C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,000
Interest Rate
6.65%
Mortgage Type
Unknown
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 |
|---|---|---|---|
| Langton Brian | -- | None Available | |
| Kelley Jordan C | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Langton Brian | $50,000 | |
| Previous Owner | Kelley Jordan C | $227,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/03/2021 12/03/21 | Sold | $415,000 | +6.4% | $440 / Sq Ft |
| 09/18/2021 09/18/21 | Pending | -- | -- | -- |
| 09/10/2021 09/10/21 | For Sale | $390,000 | -- | $413 / 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 | $4,725 | $472,500 | $259,900 | $212,600 |
| 2023 | $4,342 | $403,900 | $219,900 | $184,000 |
| 2022 | $3,048 | $273,400 | $159,900 | $113,500 |
| 2021 | $2,594 | $238,000 | $159,900 | $78,100 |
| 2020 | $2,551 | $214,400 | $143,800 | $70,600 |
| 2019 | $2,534 | $205,200 | $143,800 | $61,400 |
| 2018 | $2,572 | $199,400 | $143,800 | $55,600 |
| 2017 | $2,512 | $199,400 | $143,800 | $55,600 |
| 2016 | $2,512 | $199,400 | $143,800 | $55,600 |
| 2015 | $2,512 | $199,400 | $143,800 | $55,600 |
| 2013 | $2,483 | $199,400 | $143,800 | $55,600 |
Source: Public Records
Agents Affiliated with this Home
-
Joshua Jakan
-
Karen Rice
Buyer's Agent in 2021
Karen Rice
Abigail Douris Real EstateLLC
(207) 451-3990
1 in this area
37 Total Sales
Map
Source: Maine Listings
MLS Number: 1508379
APN: NBER-000013-000000-000013
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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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