NOT LISTED FOR SALE

188 Wheeler Rd Rangeley, ME 04970

Estimated Value: $535,000 - $1,044,000

3 Beds
2 Baths
1,986 Sq Ft
$345/Sq Ft Est. Value

Last Sold March 15, 2023

Last sale price $425,000 $214 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $4,090/month

173 Days on Market

Highlights

  • Lake Front
  • View of Trees or Woods
  • Ranch Style House
  • Barn
  • Deck
  • Wood Flooring

About This Home

As of March 2023

WHEELER ROAD - Great year round home located just outside of the Oquossoc Village. Privately situated on a 5.30 acre lot and west facing views of bald mountain and Rangeley Lake in the fall. Home has a great layout with 3 beds and 2 full baths, wide open kit/living design. Full basement offers plenty of storage as well as a walkout. 2 wood stoves allows for alternative heating and lower energy costs. Brand new standing seam metal roof and staining done. Detached horse barn will convey with 10 foot ceilings and plenty of room to store all the toys. A quick drive to the town boat launch, Oquossoc general store or a boat slip at Oquossoc Marine. Snowmobiling from your doorstep is a huge plus! Come check out this new listing today!

Last Agent to Sell the Property

James Eastlack

Morton & Furbish Agency Listed on: 07/23/2022

Last Buyer's Agent

Casey Cote

Noyes Real Estate Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,802

Year Built

  • Built in 2002

Lot Details

  • 5.3 Acre Lot
  • Lake Front
  • Dirt Road
  • Rural Setting
  • Open Lot
  • Lot Has A Rolling Slope

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • Gravel Driveway

Property Views

  • Woods
  • Mountain

Home Design

  • Ranch Style House
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,986 Sq Ft Home
  • Living Room

Kitchen

  • Electric Range
  • Stove
  • Formica Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic System
  • Private Sewer

Additional Features

  • Deck
  • Barn

Community Details

  • The community has rules related to deed restrictions

Listing and Financial Details

  • Tax Lot 84-16
  • Assessor Parcel Number RANG-000006-000000-000084-000016

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,802

Year Built

Built in 2002

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 5.3
  • Road Surface Type: Gravel
  • Water Body Name: Rangeley Lake
  • MLS Status: Closed
  • Subdivision Name: no
  • Directions: Follow Rte 4 north for 7 miles, left on wheeler road, then bear left at the split and 1st drive on right or 2nd drive on right. - home is owner occupied with animals.
  • Above Grade Finished Sq Ft: 1986.0
  • Architectural Style: Ranch
  • Garage Yn: No
  • Year Built: 2002
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 5.3
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1986.0
  • Property Information:Garage: No
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Seasonal
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Location Information:Association Fee: 200.0
  • Location Information:Fee Frequency Paid: Annually
  • Water Heater:Electric2: Yes
  • Roof:Metal: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Style:Ranch: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Sewer:Private Sewer: Yes
  • Property Information:Short Sale Continue to Show: No
  • Heat Fuel:Wood2: Yes
  • Location:Rural: Yes
  • Roads:GravelDirt: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • View:TreesWoods: Yes
  • Site:RollingSloping: Yes
  • Property Information:Deed Restrictions: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Kitchen Countertop:Formica: Yes
  • View:Mountain(s): Yes
  • Other Structures:Barn: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Electric Range, Dryer
  • Has Basement: Walk-Out Access, Full, Interior Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom, Bathtub
  • Full Basement: Yes
  • Bedroom 3 Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Open Lot, Rolling Slope, Rural
  • View: Mountain(s), Trees/Woods
  • Waterfront Features: Lake
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Other Structures: Barn
  • Patio And Porch Features: Deck
  • Roof: Metal
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Gravel

Utilities

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

Condo/Co-op/Association

  • Association Fee: 200.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 230868.0
  • Parcel #: RANG-000006-000000-000084-000016
  • Zoning: RES

Tax Info

  • Tax Annual Amount: 3802.0
  • Tax Book Number: 3839
  • Tax Lot: 84-16
  • Tax Map Number: 6
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2022
Closed on
Mar 15, 2023
Sold by
Wakefield Jonathan and Wakefield Melissa
Bought by
Appleton Gregory J and Shea Evelyn R
Seller's Agent
James Eastlack
Morton & Furbish Agency
Buyer's Agent
Casey Cote
Noyes Real Estate Agency
List Price
$499,000
Sold Price
$425,000
Premium/Discount to List
-$74,000
-14.83%
Views
11
Current Estimated Value
$686,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,065
Avg. Annual Appreciation
20.40%
Original Mortgage
$125,001
Outstanding Balance
$121,048
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$565,017

Purchase Details

Closed on
Jul 29, 2016
Sold by
Koob Michael and Dutile-Koob Colleen
Bought by
Wakefield Jonathan and Wakefield Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
3.54%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Appleton Gregory J $425,000 None Available
Wakefield Jonathan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Appleton Gregory J $125,001
Previous Owner Wakefield Jonathan $235,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2023 03/15/23 Sold $425,000 -9.6% $214 / Sq Ft
11/03/2022 11/03/22 Price Changed $469,900 -5.8% $237 / Sq Ft
07/23/2022 07/23/22 For Sale $499,000 -- $251 / 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 $5,227 $427,400 $83,900 $343,500
2023 $4,356 $356,200 $83,900 $272,300
2022 $3,861 $256,400 $61,900 $194,500
2021 $3,802 $256,400 $61,900 $194,500
2020 $3,549 $256,400 $61,900 $194,500
2019 $3,577 $256,400 $61,900 $194,500
2018 $3,461 $256,400 $61,900 $194,500
2017 $3,249 $256,400 $61,900 $194,500
2016 $3,056 $256,400 $61,900 $194,500
2015 $2,832 $247,300 $61,900 $185,400
2014 $2,856 $247,300 $61,900 $185,400
2013 $2,893 $247,300 $61,900 $185,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1537545

Maine Listings

APN: RANG-000006-000000-000084-000016