NOT LISTED FOR SALE

188 Silver Ln Limerick, ME 04048

Estimated Value: $406,000 - $504,000

3 Beds
3 Baths
1,768 Sq Ft
$251/Sq Ft Est. Value

Last Sold September 09, 2016

Last sale price $180,000 $102 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $2,778/month

87 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Tennis Courts
  • Finished Room Over Garage
  • 100 Feet of Waterfront
  • In Ground Pool
  • View of Trees or Woods

About This Home

As of September 2016

Adorable, well-built, well-maintained 3 BR/3 bath Cape on elevated, triple lot! Country feel w/solid pine doors/trim & hickory/oak floors. Open & bright kitchen w/Hickory cabinets, dining & living areas w/large windows & slider to deck that gets sun all day. 2nd floor BRs w/hardwood flrs & bath. Finished, walkout basement w/full bath, half pine walls & access to garage. Peaceful setting & wildlife abound directly across from lake & close to public beach. A must see property with so much to offer for the price.

Last Agent to Sell the Property

Christine DesVergnes

Keller Williams Realty Listed on: 05/03/2016

Keller Williams Realty

Last Buyer's Agent

Keith Greenlaw Jr.

Better Homes & Gardens Real Estate/The Masiello Group

Better Homes & Gardens Real Estate/The Masiello Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,739

Year Built

  • Built in 2006

Lot Details

  • 0.9 Acre Lot
  • 100 Feet of Waterfront
  • Lake Front
  • Dirt Road
  • Rural Setting
  • Landscaped
  • Lot Has A Rolling Slope
  • Wooded Lot

HOA Fees

  • $106 Monthly HOA Fees

Home Design

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

Interior Spaces

  • Living Room
  • Dining Room
  • Bonus Room
  • Views of Woods

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Formica Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms
  • Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Natural lighting in basement

Parking

  • Attached Garage
  • Finished Room Over Garage
  • Gravel Driveway

Outdoor Features

  • In Ground Pool
  • Deeded Waterfront Access Rights
  • Beach Access
  • Nearby Water Access
  • Tennis Courts
  • Deck

Utilities

  • No Cooling
  • Forced Air Zoned Heating System
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Water Heater
  • Septic System
  • Private Sewer

Listing and Financial Details

  • Tax Lot 125-127
  • Assessor Parcel Number LIME-000044-000000-000125

Community Details

Overview

  • Lake Arrowhead Subdivision

Amenities

  • Clubhouse

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,739

Year Built

Built in 2006

Lot Details

0

HOA Fees

$106 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.9
  • Road Surface Type: Gravel
  • Water Body Name: Lake Arrowhead
  • MLS Status: Closed
  • Subdivision Name: Lake Arrowhead
  • Directions: Route 5 from Waterboro to right on Beaver Brook on Waterboro/Limerick line, keep to the right on Harbor View & to Silver Lane approx. 3/4 mile to property on left.
  • Above Grade Finished Sq Ft: 1326.0
  • Architectural Style: Cape
  • Garage Yn: Yes
  • Year Built: 2006
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 101.81
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.9
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 1326.0
  • Property Information:SqFt Finished Below Grade: 442.0
  • Property Information:Garage: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Daylight: Yes
  • Percent Basement Finished: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: 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:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Pool-In Ground: Yes
  • Location Information:Association Fee: 106.0
  • Location Information:Fee Frequency Paid: Monthly
  • Foundation Materials:Poured Concrete: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Heat System:Multi-Zones: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Bonus Room:Bonus Room: Yes
  • Appliances Included:Cooktop: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Recreational Water:Nearby: Yes
  • Location:Rural: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 100.0
  • Recreational Water:Deeded: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Site:RollingSloping: Yes
  • Sewer:Septic Existing on Site: Yes
  • Kitchen Countertop:Formica: Yes
  • Water Heater:Tank: Yes
  • Vehicle Storage:Under: Yes
  • Recreational Water:Beach Rights: Yes
  • Bedroom 1 Amenities:Above Garage: Yes
  • Amenities:Tennis Court: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher, Cooktop
  • Has Basement: Walk-Out Access, Daylight, Finished
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 442.0
  • Interior Amenities: 1st Floor Bedroom, Bathtub, Other
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Rolling Slope, Landscaped, Wooded, Rural
  • Pool Features: In Ground
  • View: Trees/Woods
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Wood Siding, Wood Frame
  • Exterior Features: Tennis Court(s)
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: 5 - 10 Spaces, Gravel, Underground

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Forced Air, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Water Source: Other

Condo/Co-op/Association

  • Community Features: Clubhouse
  • Association Fee: 106.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Other Restrictions

Association/Amenities

  • Association Amenities:Club House: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 39204.0
  • Parcel #: LIME-000044-000000-000125
  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 1739.0
  • Tax Lot: 125-127
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2016
Closed on
Sep 15, 2016
Sold by
Dobson Nicole L
Bought by
Higgins-Prior Susan
Seller's Agent
Christine DesVergnes
Keller Williams Realty
Buyer's Agent
Keith Greenlaw Jr.
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$195,000
Sold Price
$180,000
Premium/Discount to List
-$15,000
-7.69%
Current Estimated Value
$461,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$281,786
Avg. Annual Appreciation
10.11%
Original Mortgage
$144,000
Outstanding Balance
$114,396
Interest Rate
3.43%
Mortgage Type
Commercial
Estimated Equity
$329,488

Purchase Details

Closed on
Mar 31, 2006
Sold by
Desvergnes Christine and Desvergnes Andre
Bought by
Spear Nicole L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,000
Interest Rate
6.32%
Mortgage Type
Commercial
Source: Public Records
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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
Higgins-Prior Susan -- --
Spear Nicole L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Higgins-Prior Susan $144,000
Closed Spear Nicole L $101,000
Closed Spear Nicole L $15,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/09/2016 09/09/16 Sold $180,000 -7.7% $102 / Sq Ft
07/29/2016 07/29/16 Pending -- -- --
05/02/2016 05/02/16 For Sale $195,000 -- $110 / 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
2025 $3,373 $355,071 $82,932 $272,139
2024 $3,373 $355,071 $82,932 $272,139
2023 $2,488 $163,711 $33,800 $129,911
2022 $2,325 $163,711 $33,800 $129,911
2021 $2,174 $130,969 $27,040 $103,929
2020 $2,148 $130,969 $27,040 $103,929
2019 $2,063 $130,969 $27,040 $103,929
2018 $2,115 $130,969 $27,040 $103,929
2017 $2,063 $130,969 $27,040 $103,929
2016 $1,971 $130,969 $27,040 $103,929
2015 $1,885 $129,129 $25,200 $103,929
2014 $1,827 $129,129 $25,200 $103,929
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1261568

Maine Listings

APN: LIME-000044-000000-000125