NOT LISTED FOR SALE

220 Rumford Rd Rangeley, ME 04970

Estimated Value: $428,961 - $512,000

3 Beds
2 Baths
1,000 Sq Ft
$470/Sq Ft Est. Value

Last Sold March 20, 2015

Last sale price $222,500 $222 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $2,737/month

118 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Ski Resort
  • Country Club
  • 78 Feet of Waterfront
  • Docks
  • Wood Flooring

About This Home

As of March 2015

385. Own a set of private waterfront camps located on the Western Shore. Situated on the "water's edge" of the lake, these two charming camps are fully furnished & turn key! Summer rental income......great investment opportunity!

Last Agent to Sell the Property

Carolyn Smith

Morton & Furbish Agency Listed on: 09/30/2014

Last Buyer's Agent

James Eastlack

Morton & Furbish Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,471

Year Built

  • Built in 1950

Lot Details

  • 0.55 Acre Lot
  • 78 Feet of Waterfront
  • Lake Front
  • Rural Setting
  • Seasonal Access to Property
  • Level Lot
  • Property is zoned Shoreland

Parking

  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista
  • Mountain

Home Design

  • 1,000 Sq Ft Home
  • Camp Architecture
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Vinyl Siding

Kitchen

  • Stove
  • Gas Range

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deeded Waterfront Access Rights
  • Deep Water Access
  • Mooring
  • Docks
  • Porch

Location

  • Property is near golf course

Utilities

  • No Cooling
  • Space Heater
  • Heating System Uses Wood
  • Well
  • Electric Water Heater
  • Septic System
  • Private Sewer

Listing and Financial Details

  • Tax Lot 31
  • Assessor Parcel Number 220Rumford RoadRangeley2831

Community Details

Overview

  • No Home Owners Association

Recreation

  • Country Club
  • Ski Resort

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,471

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.55
  • Road Surface Type: Paved
  • Water Body Name: Rangeley
  • MLS Status: Closed
  • Directions: From Rangeley go north on Rte 4 towards Oquossoc. Take left onto Rte 17 and continue for approx 1.5 miles.
  • Above Grade Finished Sq Ft: 1000.0
  • Architectural Style: Camp
  • Year Built: 1950
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 222.5
  • Property Information:Seasonal: Yes
  • Property Information:Lot Size Acres -: 0.55
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1000.0
  • Site:Level: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Stove: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Exterior:Wood Siding: Yes
  • Foundation Materials:PillarPostPier: Yes
  • Sewer:Private Sewer: Yes
  • Heat Fuel:Wood2: Yes
  • Location:Rural: Yes
  • Water Info:Waterfront Amount -: 78.0
  • Water Info:Water Frontage Owned -: 78.0
  • Recreational Water:Deeded: Yes
  • Recreational Water:Waterfront Deep: Yes
  • Driveway:Gravel: Yes
  • Style:Camp: Yes
  • Appliances Included:Gas Range: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • View:Scenic: Yes
  • Location:Near Country Club: Yes
  • View:Mountain(s): Yes
  • Transportation:Deep Water Access: Yes
  • Recreational Water:Dock: Yes
  • Heat System:Space Heater: Yes
  • Location:Ski Resort: Yes
  • Electric:Fuses: Yes
  • Recreational Water:Boat Mooring: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Gas Range
  • Has Basement: None
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Lot Features: Level, Near Golf Course, Rural, Ski Resort
  • View: Mountain(s), Scenic
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Wood Siding, Vinyl Siding, Wood Frame
  • Foundation Details: Gravel/Pad, Pillar/Post/Pier
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove, Space Heater
  • Heating Yn: Yes
  • Electric: Fuses
  • Sewer: Private Sewer, Septic Existing on Site
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 23958.0
  • Parcel #: 220Rumford RoadRangeley2831
  • Zoning: Shoreland

Tax Info

  • Tax Annual Amount: 2471.0
  • Tax Lot: 31
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 17, 2018
Sold by
Peirce Margaret H and Pratt Sean E
Bought by
Peirce Pratt Lt and Peirce
Current Estimated Value
$470,481

Purchase Details

Listed on
Sep 30, 2014
Closed on
Mar 23, 2015
Sold by
Wade Sidney
Bought by
Peirce Margaret H and Pratt Sean E
Seller's Agent
Carolyn Smith
Morton & Furbish Agency
Buyer's Agent
James Eastlack
Morton & Furbish Agency
List Price
$275,000
Sold Price
$222,500
Premium/Discount to List
-$52,500
-19.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.15%
Original Mortgage
$178,000
Outstanding Balance
$59,640
Interest Rate
2.92%
Mortgage Type
New Conventional
Estimated Equity
$410,841
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Peirce Pratt Lt -- --
Peirce Pratt Lt -- --
Peirce Pratt Lt -- --
Peirce Margaret H -- --
Peirce Margaret H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peirce Margaret H $178,000
Closed Peirce Margaret H $178,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2015 03/20/15 Sold $222,500 -19.1% $223 / Sq Ft
01/27/2015 01/27/15 Pending -- -- --
09/30/2014 09/30/14 For Sale $275,000 -- $275 / 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 $3,614 $295,500 $193,700 $101,800
2023 $3,411 $278,900 $193,700 $85,200
2022 $3,559 $236,300 $138,400 $97,900
2021 $3,504 $236,300 $138,400 $97,900
2020 $3,270 $236,300 $138,400 $97,900
2019 $3,296 $236,300 $138,400 $97,900
2018 $3,190 $236,300 $138,400 $97,900
2017 $2,994 $236,300 $138,400 $97,900
2016 $2,817 $236,300 $138,400 $97,900
2015 $2,597 $226,800 $138,400 $88,400
2014 $2,620 $226,800 $138,400 $88,400
2013 $2,654 $226,800 $138,400 $88,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1155887

Maine Listings

APN: RANG-000028-000000-000031