NOT LISTED FOR SALE

2 Pine Tree Ln Manchester, ME 04351

Estimated Value: $1,247,000 - $1,722,869

4 Beds
2 Baths
2,000 Sq Ft
$752/Sq Ft Est. Value

Last Sold September 01, 2023

Last sale price $1,597,000 $798 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $9,204/month

18 Days on Market

Highlights

  • Additional Residence on Property
  • 350 Feet of Waterfront
  • Barn
  • Deeded Waterfront Access Rights
  • Docks
  • Country Club

About This Home

As of September 2023

Don't miss out on the chance of a lifetime to own this fabulous waterfront compound known to be the 2nd oldest cottage located on the eastern shore of Lake Cobbosseecontee. This truly unique site cannot be duplicated while offering nearly 4 acres of privacy & being one of the largest lots on the lake. The incredible potential to this property is endless. The original cottage was once owned by the well-known Kinsman family of Augusta who were there with a boathouse in 1899. The main 4 bedroom cottage sits majestically close to the water's edge where hours can be spent on the wraparound deck enjoying many waterfront activities & sensational sunsets looking to the west over Island Park. Ongoing construction has been performed to this property while enhancing the original character of the main house. It was raised for a full foundation to be placed below to house a brand new high efficiency Buderus Boiler with 9 zones & new radiant convectors. The walk-out access to the lake makes for easy storage of all the water toys imaginable. Many renovations have been made to the main house including the kitchen, new appliances, walk-in pantry, 1st floor bathroom, all new windows on main level & newly enclosed dining room which was once a screen porch. The newly constructed rock fireplace was built to accept a large Harman insert for potential added warmth. Off to the right side of the main house sits a quaint guest cottage & just to the left you will find a building that was once used as the summer kitchen. That building has been altered to make additional storage space or ready for future expansion. One of the many highlights of this fabulous private spot is the construction of a large 28'x 38' three story barn with full walk-out & drive-out access. It was built with future expansion in mind boasting of 2 large dormers on the front & rear of the building along with 2 added skylights. Dream BIG! This one-of-a-kind beauty can be yours! Only pre-qualified buyers please. No sign!

Last Agent to Sell the Property

Jan Jacques

Keller Williams Realty Listed on: 07/14/2023

Keller Williams Realty

Last Buyer's Agent

Trisha Cheney

Portside Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,278

Year Built

  • Built in 1920

Lot Details

  • 3.81 Acre Lot
  • 350 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Dirt Road
  • Rural Setting
  • Level Lot
  • Open Lot
  • Wooded Lot
  • Property is zoned Rural Res/Shoreland

Parking

  • 4 Car Detached Garage
  • Parking Storage or Cabinetry
  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista
  • Woods

Home Design

  • Cottage
  • Concrete Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Wood Siding
  • Shingle Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,000 Sq Ft Home
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Formica Countertops

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms
  • Bathtub
  • Shower Only

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Natural lighting in basement

Outdoor Features

  • Deeded Waterfront Access Rights
  • Docks
  • Deck
  • Shed
  • Outbuilding
  • Porch

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Radiant Heating System
  • Hot Water Heating System
  • The lake is a source of water for the property
  • Seasonal Water
  • Gas Water Heater
  • Private Sewer

Additional Features

  • Additional Residence on Property
  • Property is near a golf course
  • Barn

Listing and Financial Details

  • Tax Lot 035
  • Assessor Parcel Number MANR-000009-000000-000035-U000000

Community Details

Recreation

  • Country Club

Additional Features

  • No Home Owners Association
  • Community Storage Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,278

Year Built

Built in 1920

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 3.81
  • Road Frontage Type: Private
  • Road Surface Type: Gravel
  • Water Body Name: Cobbossee
  • MLS Status: Closed
  • Directions: From Rte 202 in Manchester take Pond Road and travel to 1st dirt road on the right which is Cobbossee Lane. Travel to left at fork and continue onto Pine Tree Lane
  • Above Grade Finished Sq Ft: 2000.0
  • Architectural Style: Cottage
  • Garage Yn: Yes
  • Year Built: 1920
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 3.81
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2000.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Basement:Daylight: Yes
  • Basement:Walkout Access: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Water Heater:Gas: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 4.0
  • Roads:Private: Yes
  • Exterior:Vinyl Siding: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Dining Room:Dining Room: Yes
  • Kitchen Amenities:Island: Yes
  • Living Room:Living Room: Yes
  • Room Features:Island2: Yes
  • Heat System:Radiant: Yes
  • Parking:On Site2: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Roof:Pitched: Yes
  • Heat Fuel:Wood2: Yes
  • Living Room Amenities:Wood Burning Fireplace14: Yes
  • Room Features:Wood Burning Fireplace29: Yes
  • Location:Rural: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 350.0
  • Water Info:Water Frontage Owned -: 350.0
  • Recreational Water:Deeded: Yes
  • Style:Cottage: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Site:RollingSloping: Yes
  • Appliances Included:Gas Range: Yes
  • Property Information:Bank Owned REO: No
  • Kitchen Countertop:Formica: Yes
  • Vehicle Storage:Storage Above: Yes
  • View:Scenic: Yes
  • Location:Near Country Club: Yes
  • Recreational Water:Dock: Yes
  • Water:Seasonal4: Yes
  • Cooling:AC Units: Yes
  • Vehicle Storage:Under: Yes
  • Other Structures:Shed: Yes
  • Other Structures:Barn: Yes
  • Other Structures:Out Building: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Property Information 2 Detached Houses on 1 Lot: Yes
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Gas Range, Dryer, Dishwasher
  • Has Basement: Walk-Out Access, Daylight, Full, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bathtub, Other, Pantry, Shower, Storage
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Bedroom 4 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: Second

Exterior Features

  • Lot Features: Level, Open Lot, Rolling Slope, Wooded, Near Golf Course, Near Shopping, Rural
  • View: Scenic, Trees/Woods
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Wood Siding, Vinyl Siding, Shingle Siding, Wood Frame
  • Foundation Details: Other, Concrete Perimeter
  • Other Structures: Barn, Outbuilding, Shed(s)
  • Patio And Porch Features: Deck, Porch
  • Roof: Pitched, Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features: 5 - 10 Spaces, Gravel, On Site, Detached, Storage, Underground

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level, Washer Hookup
  • Cooling: A/C Units, Multi Units
  • Cooling Y N: Yes
  • Heating: Radiant, Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Public, Seasonal, Lake Drawn

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: RSU 38

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 165963.6
  • Parcel #: MANR-000009-000000-000035-U000000
  • Zoning: Rural Res/Shoreland

Tax Info

  • Tax Annual Amount: 11278.0
  • Tax Book Number: 8188
  • Tax Lot: 035
  • Tax Map Number: U09
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2023
Closed on
Sep 1, 2023
Sold by
Richards Lee W and Richards Martha L
Bought by
Palmer Cherilyn and Palmer Dean
Seller's Agent
Jan Jacques
Keller Williams Realty
Buyer's Agent
Trisha Cheney
Portside Real Estate Group
List Price
$1,595,000
Sold Price
$1,597,000
Premium/Discount to List
$2,000
0.13%
Current Estimated Value
$1,504,290

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$92,710
Avg. Annual Appreciation
1.90%
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
Palmer Cherilyn $1,597,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Richards Lee W $317,000
Previous Owner Richards Lee W $320,000
Previous Owner Richards 3Rd Lee W $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2023 09/01/23 Sold $1,597,000 +0.1% $799 / Sq Ft
08/01/2023 08/01/23 Pending -- -- --
07/14/2023 07/14/23 For Sale $1,595,000 -- $798 / 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 $12,277 $739,600 $565,000 $174,600
2023 $11,828 $712,500 $565,000 $147,500
2022 $11,649 $739,600 $565,000 $174,600
2021 $11,834 $739,600 $565,000 $174,600
2020 $12,943 $739,600 $565,000 $174,600
2019 $13,017 $739,600 $565,000 $174,600
2018 $12,832 $739,600 $565,000 $174,600
2017 $12,499 $739,600 $565,000 $174,600
2016 $12,129 $739,600 $565,000 $174,600
2015 $11,797 $739,600 $565,000 $174,600
2013 $11,064 $740,100 $565,500 $174,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1565389

Maine Listings

APN: MANR-000009-000000-000035-U000000