NOT LISTED FOR SALE

23 Lake Ave Gray, ME 04039

Estimated Value: $730,000 - $1,029,000

3 Beds
1 Bath
954 Sq Ft
$868/Sq Ft Est. Value

Last Sold December 20, 2022

Last sale price $820,000 $860 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,830/month

7 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Docks
  • Deck
  • 80 Feet of Waterfront
  • Spa
  • Wood Flooring

About This Home

As of December 2022

Situated on one of the nicest spots on Little Sebago Lake, this quintessential log style lake home has been enjoyed by the same family since the 1930's. Enjoy the view towards Lyons Point and Bean Island along with amazing sunsets from the deck. The dock and sandy bottom beach area is perfect for all your summer activities. Inside, two bedrooms, a sleeping porch, a beautiful stone fireplace in the living room, eat-in kitchen, and laundry/mudroom area makes living here quite comfortable. A walk out basement could be improved for additional living area as well as the potential for expanding the main house.
There's lots to enjoy on Little Sebago and have easy access to your day to day conveniences nearby.

Last Agent to Sell the Property

Marie Flaherty

The Flaherty Group Listed on: 08/18/2022

Last Buyer's Agent

Marie Flaherty

The Flaherty Group Listed on: 08/18/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,569

Year Built

  • Built in 1930

Lot Details

  • 0.3 Acre Lot
  • 80 Feet of Waterfront
  • Lake Front
  • Dirt Road
  • Lot Has A Rolling Slope
  • Property is zoned Limited Residential

Property Views

  • Water
  • Scenic Vista
  • Woods

Home Design

  • Cottage
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Fiberglass Roof
  • Log Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 954 Sq Ft Home
  • Built-In Features
  • Wood Burning Fireplace
  • Mud Room
  • Living Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Dishwasher
  • Formica Countertops

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Basement

  • Walk-Out Basement
  • Exterior Basement Entry
  • Dirt Floor

Parking

  • Gravel Driveway
  • On-Site Parking

Outdoor Features

  • Spa
  • Deeded Waterfront Access Rights
  • Docks
  • Deck
  • Patio
  • Outbuilding
  • Porch

Location

  • Suburban Location

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window
  • Natural Gas Not Available
  • Well
  • Electric Water Heater
  • Septic System
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Lake Av Road Association Subdivision

Listing and Financial Details

  • Legal Lot and Block 65 / 302
  • Assessor Parcel Number GRAY-000040-000302-000065

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,569

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.3
  • Road Surface Type: Gravel
  • Water Body Name: Little Sebago
  • MLS Status: Closed
  • Subdivision Name: Lake Av Road Association
  • Directions: Cambell Shore Rd to Lake Av
  • Above Grade Finished Sq Ft: 954.0
  • Architectural Style: Cottage
  • Garage Yn: No
  • Year Built: 1930
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 753.67
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.3
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 954.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Electric Range: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Walk-Out: Yes
  • Location Information:Association Fee: 1.0
  • Location Information:Fee Frequency Paid: Annually
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:One-Floor Living: Yes
  • Foundation Materials:Poured Concrete: 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
  • Location:Suburban: Yes
  • Mud Room:Mud Room: Yes
  • Parking:On Site2: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Basement:Dirt Floor: Yes
  • Living Room Amenities:Wood Burning Fireplace14: Yes
  • Room Features:Wood Burning Fireplace29: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 80.0
  • Water Info:Water Frontage Owned -: 80.0
  • Recreational Water:Deeded: Yes
  • Style:Cottage: Yes
  • Driveway:Gravel: Yes
  • View:TreesWoods: Yes
  • Site:RollingSloping: Yes
  • Property Information:Deed Restrictions: Unknown
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Kitchen Countertop:Formica: Yes
  • Equipment:Cable: Yes
  • View:Scenic: Yes
  • Heat System:Direct Vent Heater: Yes
  • Room Features:Built-Ins30: Yes
  • Recreational Water:Dock: Yes
  • Basement Entry:Exterior Only: Yes
  • Roof:Fiberglass: Yes
  • Amenities:Hot Tub: Yes
  • Construction:Log: Yes
  • Bedroom Amenities 2:Built-Ins4: Yes
  • Other Structures:Out Building: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Advertising Remarks:Advertising Remarks: Situated on one of the nicest spots on Little Sebago Lake, this quintessential log style lake home has been enjoyed by the same family since the 1930's. Enjoy the view towards Lyons Point and Bean Island along with amazing sunsets from the deck. The dock and sandy bottom beach area is perfect for all your summer activities. Inside, two bedrooms, a sleeping porch, a beautiful stone fireplace in the living room, eat-in kitchen, and laundry/mudroom area makes living here quite comfortable. A walk out basement could be improved for additional living area as well as the potential for expanding the main house. There's lots to enjoy on Little Sebago and have easy access to your day to day conveniences nearby.
  • Special Features: VirtualTour

Interior Features

  • Private Spa: Yes
  • Appliances: Refrigerator, Electric Range, Dishwasher
  • Has Basement: Dirt Floor, Walk-Out Access, Exterior Only
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Bedroom, One-Floor Living
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Rolling Slope, Neighborhood, Suburban
  • View: Scenic, Trees/Woods
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Log Siding, Log, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Patio, Porch
  • Roof: Fiberglass, Shingle
  • Exterior:Log Siding: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 1.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 13068.0
  • Parcel #: GRAY-000040-000302-000065
  • Zoning: Limited Residential

Tax Info

  • Tax Annual Amount: 4568.62
  • Tax Block: 302
  • Tax Lot: 65
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 7, 2005
Sold by
Pmac Inc
Bought by
Mcleod Peter J
Current Estimated Value
$828,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,750
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage
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
Mcleod Peter J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mcleod Peter J $81,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2022 12/20/22 Sold $820,000 +14.0% $860 / Sq Ft
08/26/2022 08/26/22 Pending -- -- --
08/18/2022 08/18/22 For Sale $719,000 -- $754 / 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
2025 $5,816 $600,800 $434,600 $166,200
2024 $5,828 $600,800 $434,600 $166,200
2023 $5,245 $345,500 $217,300 $128,200
2022 $4,820 $345,500 $217,300 $128,200
2021 $4,785 $327,500 $217,300 $110,200
2020 $4,831 $327,500 $217,300 $110,200
2019 $4,831 $327,500 $217,300 $110,200
2018 $4,585 $327,500 $217,300 $110,200
2017 $3,357 $186,000 $127,000 $59,000
2016 $3,404 $186,000 $127,000 $59,000
2015 $3,385 $186,000 $127,000 $59,000
2014 $3,385 $186,000 $127,000 $59,000
2012 $2,936 $185,221 $127,022 $58,199
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1540462

Maine Listings

APN: GRAY-000040-000302-000065