NOT LISTED FOR SALE

2 Fort Hill Rd Standish, ME 04084

Estimated Value: $546,118

-- Bed
2 Baths
3,607 Sq Ft
$151/Sq Ft Est. Value

Last Sold March 04, 2022

Last sale price $320,000 $89 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $3,164/month

97 Days on Market

Highlights

  • Lake Front
  • Post and Beam
  • Corner Lot
  • Nearby Water Access
  • Wood Flooring
  • No HOA

About This Home

As of March 2022

Ready to own a thriving business and income property in the heart of Maine Sebago Lakes Region? Or perhaps you have taste for a potential Air BnB conversion? Whether you want to work and play in the beautiful lakes region or just make an investment, this Standish property offers it all. Compound sits in a prime corner location with great visibility in all directions and just a block from one of Sebago's sandy beaches and boat launch areas. Potential for one or two expansive businesses or services on main levels plus two income producing apartments on second level. First level used to be the well designed Sebago Trading Company and features open concept modern and airy large red barn with rustic wooden flooring, several entrances, central air conditioning and an open retail loft space. Also on first level is another separate post and beam space that faces main road with great natural light and attractive bay windows. Used to be an antique store but bring your ideas for any number of uses including general/candy store, coffee roasters, boutique, outfitters, kayak rentals or many more. Two office spaces or expanded retail areas plus bathroom as well. Second level has two apartments with two entrances and separate private parking in back - one with views of the lake in kitchen and dining room. Great traffic and visibility on all sides, up to 7000+/- vehicles per day during high season. Expansive parking areas. And hey - what about that cool red barn with the Sebago Lake custom mural? It's Instagram ready and waiting for an awesome business idea! Idyllically situated in the countryside among farmland, lakes, orchards and still only 30 minutes to Portland and 40 minutes to sandy ocean beaches in Old Orchard Beach. Be a part of the enjoyable lakeside life in Maine!

Last Agent to Sell the Property

Troy Williams

Keller Williams Coastal and Lakes & Mountains Realty Listed on: 09/29/2021

Keller Williams Coastal and Lakes & Mountains Realty

Co-Listed By

Jeremy Frantz

Keller Williams Coastal and Lakes & Mountains Realty

Last Buyer's Agent

Troy Williams

Keller Williams Coastal and Lakes & Mountains Realty Listed on: 09/29/2021

Keller Williams Coastal and Lakes & Mountains Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,774

Year Built

  • Built in 1920

Lot Details

  • 8,712 Sq Ft Lot
  • Lake Front
  • Corner Lot
  • Level Lot
  • Open Lot

Home Design

  • Post and Beam
  • New Englander Architecture
  • Farmhouse Style Home
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Clap Board Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 2 Full Bathrooms
  • 3,607 Sq Ft Home
  • Water Views
  • Unfinished Basement
  • Interior Basement Entry

Flooring

  • Wood
  • Carpet
  • Vinyl

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Kerosene
  • Heating System Uses Oil
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Natural Gas Not Available
  • Electric Water Heater
  • Septic System
  • Private Sewer

Additional Features

  • Nearby Water Access
  • City Lot

Listing and Financial Details

  • Tax Lot 32
  • Assessor Parcel Number STAN-000040-000000-000032

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,774

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2
  • Road Surface Type: Paved
  • Water Body Name: Sebago Lake
  • Co List Office Phone: 207-475-0999
  • MLS Status: Closed
  • Directions: Property is located at 4 way intersection of Rt 35 and Rt. 114 in Sebago Lake Village.
  • Above Grade Finished Sq Ft: 3607.0
  • Architectural Style: Farmhouse, New Englander
  • Garage Yn: No
  • Year Built: 1920
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 96.76
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.2
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 3607.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Storage: Yes
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Cooling:Central Air: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Exterior:Clapboard: Yes
  • Parking:On Site2: Yes
  • Exterior:Wood Siding: Yes
  • Sewer:Private Sewer: Yes
  • Parking:Paved3: Yes
  • Recreational Water:Nearby: Yes
  • Heat Fuel:K-1Kerosene: Yes
  • Sewer:Septic Existing on Site: Yes
  • Heat System:Direct Vent Heater: Yes
  • Construction:Post Beam: Yes
  • Style:New Englander: Yes
  • Advertising Remarks:Advertising Remarks: Ready to own a thriving business and income property in the heart of Maine Sebago Lakes Region? Or perhaps you have taste for a potential Air BnB conversion? Whether you want to work and play in the beautiful lakes region or just make an investment, this Standish property offers it all. Compound sits in a prime corner location with great visibility in all directions and just a block from one of Sebago's sandy beaches and boat launch areas. Potential for one or two expansive businesses or services on main levels plus two income producing apartments on second level. First level used to be the well designed Sebago Trading Company and features open concept modern and airy large red barn with rustic wooden flooring, several entrances, central air conditioning and an open retail loft space. Also on first level is another separate post and beam space that faces main road with great natural light and attractive bay windows. Used to be an antique store but bring your ideas for any number of uses including general/candy store, coffee roasters, boutique, outfitters, kayak rentals or many more. Two office spaces or expanded retail areas plus bathroom as well. Second level has two apartments with two entrances and separate private parking in back - one with views of the lake in kitchen and dining room. Great traffic and visibility on all sides, up to 7000+/- vehicles per day during high season. Expansive parking areas. And hey - what about that cool red barn with the Sebago Lake custom mural? It's Instagram ready and waiting for an awesome business idea! Idyllically situated in the countryside among farmland, lakes, orchards and still only 30 minutes to Portland and 40 minutes to sandy ocean beaches in Old Orchard Beach. Be a part of the enjoyable lakeside life in Maine!
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Fireplace: No
  • Flooring: Wood, Vinyl, Carpet
  • Interior Amenities: Storage

Exterior Features

  • Lot Features: Corner Lot, Level, Open Lot, Sidewalks, Intown, Near Town
  • Waterfront Features: Lake
  • Waterfront: No
  • Construction Type: Wood Siding, Clapboard, Post & Beam, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 11 - 20 Spaces, Paved, On Site, Off Street

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Other Heat System, Forced Air, Direct Vent Heater, Baseboard, Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8712.0
  • Parcel #: STAN-000040-000000-000032
  • Zoning: VC

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2774.0
  • Tax Lot: 32
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2024
Sold by
Srjones Llc
Bought by
2 Fort Hill Rd Llc
Current Estimated Value
$546,118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,000
Outstanding Balance
$485,981
Interest Rate
6.46%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$60,137

Purchase Details

Listed on
Sep 29, 2021
Closed on
Mar 4, 2022
Sold by
Swell Abode Llc
Bought by
Srojones Llc
Seller's Agent
Troy Williams
Keller Williams Coastal and Lakes & Mountains Realty
Buyer's Agent
Troy Williams
Keller Williams Coastal and Lakes & Mountains Realty
List Price
$375,000
Sold Price
$320,000
Premium/Discount to List
-$55,000
-14.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.28%
Original Mortgage
$256,000
Interest Rate
3.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 29, 2016
Sold by
Walker Robert F and Walker Brenda C
Bought by
Swell Abode Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,000
Interest Rate
3.94%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
2 Fort Hill Rd Llc $525,000 None Available
2 Fort Hill Rd Llc $525,000 None Available
Srojones Llc $320,000 None Available
Srojones Llc $320,000 None Available
Swell Abode Llc -- --
Swell Abode Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2 Fort Hill Rd Llc $492,000
Closed 2 Fort Hill Rd Llc $492,000
Previous Owner Srojones Llc $256,000
Previous Owner Swell Abode Llc $194,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2022 03/04/22 Sold $320,000 -14.7% $89 / Sq Ft
01/05/2022 01/05/22 Pending -- -- --
09/29/2021 09/29/21 For Sale $375,000 -- $104 / 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 $3,605 $286,100 $43,800 $242,300
2023 $3,486 $251,700 $36,600 $215,100
2022 $3,153 $218,200 $32,400 $185,800
2021 $2,916 $194,400 $29,400 $165,000
2019 $2,774 $194,000 $29,000 $165,000
2018 $2,684 $193,100 $28,100 $165,000
2017 $2,559 $193,100 $28,100 $165,000
2016 $2,476 $193,100 $28,100 $165,000
2015 $2,470 $193,100 $28,100 $165,000
2013 $2,333 $193,100 $28,100 $165,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1510503

Maine Listings

APN: STAN-000040-000000-000032