NOT LISTED FOR SALE

18 Ridgewood Terrace Limerick, ME 04048

Lake Arrowhead Area

Estimated Value: $349,000 - $444,000

4 Beds
2 Baths
1,632 Sq Ft
$245/Sq Ft Est. Value

Sale Details

Date Sold: February 19, 2016

Last sale price $100,000 $61 Per Sq Ft

Est. 299% increase in value since last sale

Current estimated payment $2,525 / mo

250 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • View of Trees or Woods
  • Cape Cod Architecture
  • Tennis Courts
  • 1.24 Acre Lot
  • Clubhouse

About This Home

As of February 2016

This cute and very private cape offers 4 bedrooms, 2 full bathrooms, large kitchen and living room, full daylight basement, gorgeous 1.24 acre lot, and much more. This property is a short sale and priced to sell fast. House needs new rugs, interior paint, furnace and some minor TLC. Subject to 3rd party approval.

Last Agent to Sell the Property

Jeffrey Reali

Reali Realty, LLC Listed on: 07/27/2015

Last Buyer's Agent

Joseph Butkovic

Bean Group

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 Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,142

Year Built

  • Built in 2005

Lot Details

  • 1.24 Acre Lot
  • Dirt Road
  • Cul-De-Sac
  • Rural Setting
  • Level Lot
  • Open Lot
  • Wooded Lot

HOA Fees

  • $93 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,632 Sq Ft Home
  • Ceiling Fan
  • Double Pane Windows
  • Living Room
  • Views of Woods
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Stove
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary bedroom located on second floor
  • 2 Full Bathrooms
  • Bathtub

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Sump Pump
  • Natural lighting in basement

Parking

  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Deeded Waterfront Access Rights
  • Tennis Courts
  • Outbuilding

Utilities

  • No Cooling
  • Heating System Uses Wood
  • Pellet Stove burns compressed wood to generate heat
  • Natural Gas Not Available
  • Electric Water Heater
  • Private Sewer

Listing and Financial Details

  • Short Sale
  • Tax Lot 142
  • Assessor Parcel Number 18RidgewoodTERLimerick42142

Community Details

Overview

  • Lake Arrowhead Subdivision
  • The community has rules related to deed restrictions

Amenities

  • Clubhouse

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,142

Year Built

Built in 2005

Lot Details

1.24 Acres

HOA Fees

$93 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.24
  • Road Surface Type: Gravel
  • MLS Status: Closed
  • Subdivision Name: Lake Arrowhead
  • Directions: New Dam Road, left onto Doles Ridge Road, Left onto Old Country Way, Right onto Nub Hill, Left onto Quaker and left onto Ridgewood Terrace.
  • Above Grade Finished Sq Ft: 1632.0
  • Architectural Style: Cape
  • Efficiency: Double Pane Windows
  • Year Built: 2005
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 61.27
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.24
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1632.0
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Daylight: Yes
  • Roof:Shingle: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Electric Range: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Location Information:Association Fee: 93.0
  • Location Information:Fee Frequency Paid: Monthly
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Amenities:Bathtub: Yes
  • Sewer:Private Sewer: Yes
  • Property Information:Short Sale Continue to Show: Yes
  • Heat Fuel:Wood2: Yes
  • Location:Rural: Yes
  • Roads:GravelDirt: Yes
  • Recreational Water:Deeded: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Property Information:Deed Restrictions: Yes
  • Energy Efficiency:Ceiling Fans: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Basement:Sump Pump: Yes
  • Heat Fuel:Pellets: Yes
  • Site:Cul-De-Sac: Yes
  • Amenities:Tennis Court: Yes
  • Other Structures:Out Building: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Electric Range, Dishwasher
  • Has Basement: Daylight, Full, Sump Pump, Exterior Entry, Bulkhead, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Interior Amenities: 1st Floor Bedroom, Bathtub
  • Full Basement: Yes
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Second
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: Second
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Cul-De-Sac, Level, Open Lot, Wooded, Neighborhood, Rural, Subdivided
  • View: Trees/Woods
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Exterior Features: Tennis Court(s)
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Gravel, Off Street

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove, Other
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse
  • Association Fee: 93.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Amenities:Club House: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 54014.4
  • Parcel #: 18RidgewoodTERLimerick42142
  • Zoning: Res

Tax Info

  • Tax Annual Amount: 2142.0
  • Tax Lot: 142
  • Tax Year: 2014

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2016
Sold by
Pm Renovations Llc
Bought by
Current Estimated Value
$399,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,391
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 27, 2015
Closed on
Feb 22, 2016
Sold by
Jollotta John S
Bought by
Pm Renovations Llc
Seller's Agent
Jeffrey Reali
Reali Realty, LLC
Buyer's Agent
Joseph Butkovic
Bean Group
List Price
$139,900
Sold Price
$100,000
Premium/Discount to List
-$39,900
-28.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.04%

Purchase Details

Closed on
Jul 1, 2009
Sold by
Vermette Norman P and Vermette Aubrie A
Bought by
Jollotta John S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,633,200
Outstanding Balance
$996,366
Interest Rate
4.86%
Mortgage Type
Commercial
Estimated Equity
-$596,922

Purchase Details

Closed on
Apr 11, 2005
Sold by
Wentzell Builders Inc
Bought by
Vermette Norman P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,500
Interest Rate
5.7%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Limerick, ME

See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
Pm Renovations Llc -- --
Jollotta John S -- --
Vermette Norman P -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $175,000
Closed Albert Sarah $141,391
Open Jollotta John S $1,633,200
Closed Vermette Norman P $11,800
Closed Vermette Norman P $154,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/19/2016 02/19/16 Sold $100,000 -28.5% $61 / Sq Ft
01/26/2016 01/26/16 Pending -- -- --
05/20/2015 05/20/15 For Sale $139,900 -- $86 / Sq Ft
Source: Maine Listings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $2,731 $287,461 $89,704 $197,757
2024 $2,731 $287,461 $89,704 $197,757
2023 $2,938 $193,318 $37,800 $155,518
2022 $2,745 $193,318 $37,800 $155,518
2021 $2,567 $154,654 $30,240 $124,414
2020 $2,536 $154,654 $30,240 $124,414
2019 $2,436 $154,654 $30,240 $124,414
2018 $2,498 $154,654 $30,240 $124,414
2017 $2,384 $151,374 $26,960 $124,414
2016 $2,278 $151,374 $26,960 $124,414
2015 $2,210 $151,374 $26,960 $124,414
2014 $2,142 $151,374 $26,960 $124,414
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Maine Listings

MLS Number: 1217339

Maine Listings

APN: LIME-000042-000000-000142

Your Personal Tour Guide

Ask me questions while you tour the home.