$287,000
SOLD FEB 16, 2024

22 Verrill Terrace Rangeley, ME 04970

2 Beds
1 Bath
623 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$461 Per Sq Ft

32% Below List Price

139 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Home fronts a pond
  • Wood Flooring
  • 50 Feet of Waterfront
  • Deck
  • 5-minute walk to Haley Pond Park

About This Home

As of February 2024

HALEY POND - 4-season waterfront cottage is move-in ready and waiting for you! Kayak, swim, ice fish, ATV/snowmobile from your door. Bright and cheery 2BR cottage - recent improvements include; new wiring, plumbing, insulation, windows, doors, new bathroom & kitchen, waterside deck. Town water/sewer. Fantastic INTOWN LOCATION - park the car! Walking distance to all Rangeley Village amenities, restaurants, shops, library, movie theater. Enjoy the panoramic water views, listen to the loons - this pondside gem is sure to please, inquire today!

Last Agent to Sell the Property

Caryn Dreyfuss

Morton & Furbish Agency Listed on: 01/19/2024

Last Buyer's Agent

Melissa Shea

Morton & Furbish Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,550

Year Built

  • Built in 1951

Lot Details

  • 8,712 Sq Ft Lot
  • Home fronts a pond
  • 50 Feet of Waterfront
  • Dirt Road
  • Street terminates at a dead end
  • Level Lot
  • Open Lot
  • Property is zoned Shoreland

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista
  • Mountain

Home Design

  • Cottage
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 623 Sq Ft Home
  • 1-Story Property
  • Living Room

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Formica Countertops

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deeded Waterfront Access Rights
  • Deck

Location

  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Kerosene
  • Heating System Mounted To A Wall or Window
  • Natural Gas Not Available
  • Electric Water Heater

Community Details

  • Rangeley Centre Association Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Tax Lot 111
  • Assessor Parcel Number RANG-000037-000000-000111

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,550

Year Built

Built in 1951

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2
  • Road Surface Type: Gravel
  • Water Body Name: Haley
  • MLS Status: Closed
  • Subdivision Name: Rangeley Centre Association
  • Directions: From Main Street travel to the Rangeley Inn parking lot, bear right onto Verrill Terrace (dirt road) cottage is 2nd on left
  • Above Grade Finished Sq Ft: 623.0
  • Architectural Style: Cottage
  • Garage Yn: No
  • Year Built: 1951
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 0.2
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 623.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Appliances Included:Electric Range: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Location Information:Association Fee: 1200.0
  • Location Information:Fee Frequency Paid: Annually
  • Water Heater:Electric2: Yes
  • Amenities:One-Floor Living: Yes
  • Roof:Metal: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Living Room:Living Room: Yes
  • Room Features:Eat-in Kitchen2: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Exterior:Wood Siding: Yes
  • Foundation Materials:PillarPostPier: Yes
  • Heat Fuel:K-1Kerosene: Yes
  • Roads:Dead End: Yes
  • Water Info:Waterfront Amount -: 50.0
  • Water Info:Water Frontage Owned -: 50.0
  • Recreational Water:Deeded: Yes
  • Style:Cottage: Yes
  • Driveway:Gravel: Yes
  • Property Information:Deed Restrictions: Yes
  • Kitchen Countertop:Formica: Yes
  • View:Scenic: Yes
  • Heat System:Direct Vent Heater: Yes
  • View:Mountain(s): Yes
  • Living Room Amenities:Informal2: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator, Electric Range
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom, One-Floor Living, Pantry
  • Bedroom 2 Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First

Exterior Features

  • Lot Features: Level, Open Lot, Intown
  • View: Mountain(s), Scenic
  • Waterfront Features: Pond
  • Waterfront: Yes
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Deck
  • Roof: Metal
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Gravel

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1200.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8712.0
  • Parcel #: RANG-000037-000000-000111
  • Zoning: Shoreland

Tax Info

  • Tax Annual Amount: 1550.0
  • Tax Book Number: 4428
  • Tax Lot: 111
  • Tax Map Number: 37
  • Tax Year: 23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2024
Closed on
Feb 16, 2024
Sold by
Jannace James A and Jannace Deanna R
Bought by
Nedeau Kortney E and Nedeau Niki L
Seller's Agent
Caryn Dreyfuss
Morton & Furbish Agency
Buyer's Agent
Melissa Shea
Morton & Furbish Agency
List Price
$419,000
Sold Price
$287,000
Premium/Discount to List
-$132,000
-31.5%
Views
6
Current Estimated Value
$320,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,561
Avg. Annual Appreciation
4.41%
Original Mortgage
$258,300
Outstanding Balance
$254,743
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$49,874

Purchase Details

Listed on
Dec 18, 2021
Closed on
Feb 24, 2022
Sold by
Baysinger-Guercio Barbara
Bought by
Jannace James A and Jannace Deanna R
Seller's Agent
Susan Bullard
Keller Williams Realty
Buyer's Agent
Krista Jamison
Morton & Furbish Agency
List Price
$225,000
Sold Price
$210,000
Premium/Discount to List
-$15,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.09%
Original Mortgage
$168,000
Interest Rate
3.55%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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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 Type Sale Price Title Company
Warranty Deed $287,000 None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $258,300 Purchase Money Mortgage
Previous Owner $168,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2024 02/16/24 Sold $287,000 -31.5% $461 / Sq Ft
01/28/2024 01/28/24 Pending -- -- --
01/19/2024 01/19/24 For Sale $419,000 0.0% $673 / Sq Ft
12/23/2023 12/23/23 Pending -- -- --
09/11/2023 09/11/23 For Sale $419,000 +99.5% $673 / Sq Ft
02/24/2022 02/24/22 Sold $210,000 -6.7% $344 / Sq Ft
12/24/2021 12/24/21 Pending -- -- --
12/18/2021 12/18/21 For Sale $225,000 -- $369 / 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 $1,607 $131,400 $57,300 $74,100
2023 $1,551 $126,800 $57,300 $69,500
2022 $1,429 $94,900 $40,900 $54,000
2021 $1,407 $94,900 $40,900 $54,000
2020 $1,313 $94,900 $40,900 $54,000
2019 $1,324 $94,900 $40,900 $54,000
2018 $1,281 $94,900 $40,900 $54,000
2017 $1,202 $94,900 $40,900 $54,000
2016 $1,131 $94,900 $40,900 $54,000
2015 $1,087 $94,900 $40,900 $54,000
2014 $1,096 $94,900 $40,900 $54,000
2013 $1,110 $94,900 $40,900 $54,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1571706

Maine Listings

APN: RANG-000037-000000-000111