NOT LISTED FOR SALE

Estimated Value: $411,000 - $435,129

3 Beds
2 Baths
1,440 Sq Ft
$293/Sq Ft Est. Value

Last Sold October 21, 2020

Last sale price $245,900 $171 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $2,679/month

3 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Public Beach
  • Cape Cod Architecture
  • 173 Feet of Waterfront
  • 1 Acre Lot
  • Deck

About This Home

As of October 2020

Inlet frontage allows for direct access to Lake Arrowhead with canoe or small boat and boat launches and association beaches provides for swimming, fishing and boating with lots of bass, perch, crappie and more. Nice flowing floor plan with hardwood floors down, spacious kitchen, dining room & living room. Enclosed porch overlooking a wooded setting with frequent deer and wildlife sitings. Nice patio setting for cookouts and outdoor enjoyment. Low energy costs with heat pump water heater.

Last Agent to Sell the Property

Keith Nicely

The Maine Real Estate Group Listed on: 07/09/2020

Last Buyer's Agent

Gregory Hoar

NextHome NorthEast Realty

NextHome NorthEast Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,752

Year Built

  • Built in 1991

Lot Details

  • 1 Acre Lot
  • 173 Feet of Waterfront
  • Dirt Road
  • Public Beach
  • Landscaped
  • Corner Lot
  • Sloped Lot
  • Wooded Lot
  • Property is zoned VR

HOA Fees

  • $92 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Basement Garage
  • Driveway

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding
  • Clap Board Siding
  • Radon Mitigation System
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 1,440 Sq Ft Home
  • Living Room
  • Dining Room

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Primary bedroom located on second floor
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Outdoor Features

  • Deeded Waterfront Access Rights
  • Beach Access
  • Property Near A Cove
  • Deck
  • Patio
  • Shed
  • Porch

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Heat Pump System
  • Baseboard Heating
  • Hot Water Heating System
  • Generator Hookup
  • Natural Gas Not Available
  • Water Heater
  • Septic System

Community Details

  • Lac Subdivision

Listing and Financial Details

  • Tax Lot 1762
  • Assessor Parcel Number WTBR-000045-000000-000001-000762

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,752

Year Built

Built in 1991

Lot Details

0

HOA Fees

$92 per month

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.0
  • Road Surface Type: Gravel, Dirt
  • Water Body Name: Lake Arrowhead
  • MLS Status: Closed
  • Subdivision Name: LAC
  • Directions: New Dam Road to Old Portland Road to left on Fairview Drive. On corner where Fairview turns right.
  • Above Grade Finished Sq Ft: 1440.0
  • Architectural Style: Cape Cod
  • Garage Yn: Yes
  • Year Built: 1991
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.0
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1440.0
  • Property Information:Garage: Yes
  • Site:Corner Lot: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: 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:Vinyl: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Location Information:Association Fee: 1100.0
  • Location Information:Fee Frequency Paid: Annually
  • Property Information:Garage Spaces: 1.0
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Roof:Metal: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Exterior:Clapboard: Yes
  • Heat System:Multi-Zones: Yes
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 173.0
  • Water Info:Water Frontage Owned -: 173.0
  • Recreational Water:Deeded: Yes
  • Site:Wooded: Yes
  • Site:RollingSloping: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water Heater:Tank: Yes
  • Electric:Generator Hookup: Yes
  • Water Heater:Heat Pump2: Yes
  • Equipment:Air Radon Mitigation System: Yes
  • Vehicle Storage:Under: Yes
  • Recreational Water:Beach Rights: Yes
  • Other Structures:Shed: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Roads:Dirt: Yes
  • Vehicle Storage Basement: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Electric Range, Dryer, Dishwasher
  • Other Equipment: Air Radon Mitigation System
  • Has Basement: Interior, Walk-Out Access, Full, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Wood, Vinyl, Carpet
  • Interior Amenities: 1st Floor Bedroom
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: First
  • 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: Well Landscaped, Rolling/Sloping, Corner Lot, Wooded, Near Public Beach, Neighborhood
  • Waterfront Features: Cove
  • Waterfront: Yes
  • Construction Type: Wood Siding, Clapboard, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck, Patio, Porch
  • Roof: Metal
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Basement, 1 - 4 Spaces, Paved, Inside Entrance, Underground

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Zoned, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Generator Hookup, Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Other, Public

Condo/Co-op/Association

  • Association Fee: 1100.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 43560.0
  • Parcel #: WTBR-000045-000000-000001-000762
  • Zoning: VR

Tax Info

  • Tax Annual Amount: 2752.0
  • Tax Book Number: 17334
  • Tax Lot: 1762
  • Tax Map Number: 45
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2020
Closed on
Sep 25, 2020
Sold by
Bughi Alexandru and Bughi Bettina
Bought by
Markellos Alexander N
Seller's Agent
Keith Nicely
The Maine Real Estate Group
Buyer's Agent
Gregory Hoar
NextHome NorthEast Realty
List Price
$242,900
Sold Price
$245,900
Premium/Discount to List
$3,000
1.24%
Current Estimated Value
$421,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,882
Avg. Annual Appreciation
11.74%
Original Mortgage
$245,900
Outstanding Balance
$218,816
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$202,966

Purchase Details

Listed on
Aug 6, 2016
Closed on
Oct 19, 2016
Sold by
Cain Paul C and Cain Janet K
Bought by
Bughi Bettina and Bughi Alexandru
Seller's Agent
Diane Gray
Bean Group
Buyer's Agent
Amy Cross
Bean Group
List Price
$205,000
Sold Price
$195,000
Premium/Discount to List
-$10,000
-4.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.95%
Original Mortgage
$191,468
Interest Rate
3.44%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 24, 2006
Sold by
Adams Judith E and Adams Stanley M
Bought by
Cain Janet K and Cain Paul C
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
Markellos Alexander N -- None Available
Bughi Bettina -- --
Cain Janet K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Markellos Alexander N $245,900
Previous Owner Bughi Bettina $191,468
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2020 10/21/20 Sold $245,900 +1.2% $171 / Sq Ft
07/13/2020 07/13/20 Pending -- -- --
07/09/2020 07/09/20 For Sale $242,900 +24.6% $169 / Sq Ft
10/18/2016 10/18/16 Sold $195,000 -4.9% $135 / Sq Ft
09/05/2016 09/05/16 Pending -- -- --
08/06/2016 08/06/16 For Sale $205,000 -- $142 / 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 $3,511 $317,700 $94,600 $223,100
2023 $3,318 $251,400 $79,000 $172,400
2022 $3,129 $223,500 $70,500 $153,000
2021 $3,040 $202,000 $64,100 $137,900
2020 $2,833 $184,100 $58,700 $125,400
2019 $2,752 $178,800 $53,400 $125,400
2018 $2,744 $178,000 $53,400 $124,600
2017 $2,748 $178,000 $53,400 $124,600
2016 $2,713 $178,000 $53,400 $124,600
2015 $2,893 $207,400 $76,800 $130,600
2014 $2,902 $207,400 $76,800 $130,600
2013 $2,829 $207,400 $76,800 $130,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1459732

Maine Listings

APN: WTBR-000045-000000-000001-000762