NOT LISTED FOR SALE

2 Cottage Ln Raymond, ME 04071

Estimated Value: $460,000 - $549,699

3 Beds
1 Bath
1,555 Sq Ft
$70/mo HOA Fee

Last Sold September 16, 2020

Last sale price $360,000 $232 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $3,097/month

38 Days on Market

Highlights

  • 75 Feet of Waterfront
  • Beach Access
  • Chalet
  • Docks
  • Home fronts a pond
  • Wood Flooring

About This Home

As of September 2020

TRUE VIRTUAL TOUR: 2Cottage.com

Fall in love with this fantastic timber frame home with two levels of year-round water views and beach access! Built with impeccable craftsmanship, this home features beams and framing supported with mortise and tenon joints throughout. Enjoy a durability unmatched by conventionally-built homes with no nails, bolts, or other metal connectors! Have a picnic, swim, fish, take your boat out, or just enjoy the view with the private community beach just a short walk away! Docking and mooring options are available with a boat launch just seconds away. With hiking and snowmobile trails nearby, a short drive to shopping and entertainment in Windham, and just 35 minutes to Portland, this one has it all! Welcome home.

Last Agent to Sell the Property

Derek Goff

Bean Group Listed on: 06/25/2020

Last Buyer's Agent

Heidi Young

Better Homes & Gardens Real Estate/The Masiello Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,940

Year Built

  • Built in 2010

Lot Details

  • Home fronts a pond
  • 75 Feet of Waterfront
  • Lake Front
  • Dirt Road
  • Rural Setting
  • Landscaped

HOA Fees

  • $70 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Gravel Driveway
  • Off-Street Parking

Property Views

  • Water
  • Scenic Vista

Home Design

  • Chalet
  • Post and Beam
  • Cottage
  • Camp Architecture
  • Concrete Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Clap Board Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 1,555 Sq Ft Home
  • Double Pane Windows

Kitchen

  • Gas Range
  • Microwave
  • Solid Surface Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom
  • Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Beach Access
  • Mooring
  • Docks

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Pellet Stove burns compressed wood to generate heat
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Private Water Source
  • Tankless Water Heater
  • Gas Water Heater
  • Water Heated On Demand
  • Septic System
  • Septic Design Available
  • Private Sewer

Listing and Financial Details

  • Tax Lot 47
  • Assessor Parcel Number RYMD-000009-000000-000047

Community Details

Overview

  • Crescent Lake Condominium Cottages Association Subdivision

Amenities

  • Community Storage Space

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,940

Year Built

Built in 2010

Lot Details

0

HOA Fees

$70 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.3
  • Road Surface Type: Gravel
  • Water Body Name: Crescent Lake
  • MLS Status: Closed
  • Subdivision Name: Crescent Lake Condominium Cottages Association
  • Directions: Webbs Mills Road to Plains Road to Cottage Lane. GPS may bring you to intersection of Plains Road and Webbs Mills Road.
  • Above Grade Finished Sq Ft: 1555.0
  • Architectural Style: Camp, Chalet, Cottage
  • Garage Yn: Yes
  • Efficiency: Tankless Water Heater, High Efficiency Water Heater, Double Pane Windows
  • Year Built: 2010
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.3
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 1555.0
  • Property Information:Garage: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Gas: Yes
  • Water Heater:On Demand: Yes
  • Amenities:Storage: Yes
  • Location Information:Association Fee: 70.0
  • Location Information:Fee Frequency Paid: Monthly
  • Property Information:Garage Spaces: 2.0
  • Foundation Materials:Slab: Yes
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Units in Building: 1
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Water Heater:Tankless: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Exterior:Clapboard: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Location:Rural: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 75.0
  • Water Info:Water Frontage Shared -: 75.0
  • Style:Cottage: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Style:Camp: Yes
  • Appliances Included:Gas Range: Yes
  • Sewer:Septic Existing on Site: Yes
  • Sewer:Septic Design Available: Yes
  • View:Scenic: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Energy Efficiency:Tankless Water Heater: Yes
  • Heat System:Direct Vent Heater: Yes
  • Kitchen Countertop:Solid Surface: Yes
  • Construction:Post Beam: Yes
  • Recreational Water:Dock: Yes
  • Heat Fuel:Pellets: Yes
  • Recreational Water:Beach Rights: Yes
  • Energy Efficiency:High Efficiency Water Heater: Yes
  • Recreational Water:Boat Mooring: Yes
  • Condominium:VA Certification: No
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Gas Range, Dryer
  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom, Bathtub, Storage
  • Full Basement: Yes

Exterior Features

  • Lot Features: Open Lot, Landscaped, Near Town, Neighborhood, Rural
  • View: Scenic
  • Waterfront Features: Lake, Pond
  • Waterfront: Yes
  • Construction Type: Wood Siding, Clapboard, Post & Beam, Wood Frame
  • Foundation Details: Concrete Perimeter, Slab
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Gravel, Inside Entrance, Off Street

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Design Available, Septic Existing on Site
  • Water Source: Other, Private

Condo/Co-op/Association

  • Association Fee: 70.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 13068.0
  • Parcel #: RYMD-000009-000000-000047
  • Zoning: LRRI

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 2940.0
  • Tax Book Number: 26393
  • Tax Lot: 47
  • Tax Map Number: 9
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2020
Closed on
Sep 16, 2020
Sold by
Laybourne Bernard D
Bought by
Rice Kimberly J
Seller's Agent
Derek Goff
Bean Group
Buyer's Agent
Heidi Young
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$375,000
Sold Price
$360,000
Premium/Discount to List
-$15,000
-4%
Current Estimated Value
$501,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,925
Avg. Annual Appreciation
8.08%
Original Mortgage
$300,000
Outstanding Balance
$269,382
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$261,200

Purchase Details

Closed on
Jul 3, 2008
Sold by
Murphy Robert F
Bought by
Reo Properties Corp
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
Rice Kimberly J -- None Available
Reo Properties Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rice Kimberly J $300,000
Previous Owner Laybourne Bernard D $110,000
Previous Owner Laybourne Bernard D $50,000
Previous Owner Laybourne Bernard D $150,000
Previous Owner Reo Properties Corp $70,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2020 09/16/20 Sold $360,000 -4.0% $232 / Sq Ft
08/01/2020 08/01/20 Pending -- -- --
06/23/2020 06/23/20 For Sale $375,000 -- $241 / 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 $3,760 $218,600 $63,000 $155,600
2023 $3,476 $218,600 $63,000 $155,600
2022 $3,279 $218,600 $63,000 $155,600
2021 $3,082 $218,600 $63,000 $155,600
2019 $2,940 $218,600 $63,000 $155,600
2018 $2,754 $218,600 $63,000 $155,600
2017 $2,689 $218,600 $63,000 $155,600
2016 $2,645 $218,600 $63,000 $155,600
2015 $2,612 $218,600 $63,000 $155,600
2014 $2,579 $218,600 $63,000 $155,600
2013 $2,459 $218,600 $63,000 $155,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1457507

Maine Listings

APN: RYMD-000009-000000-000047