NOT LISTED FOR SALE

234 Silver Ln Limerick, ME 04048

Estimated Value: $431,000 - $697,000

3 Beds
3 Baths
2,292 Sq Ft
$239/Sq Ft Est. Value

Last Sold January 21, 2022

Last sale price $400,000 $175 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,410/month

38 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 2.4 Acre Lot
  • Deck
  • 358 Feet of Waterfront
  • Clubhouse
  • Contemporary Architecture

About This Home

As of January 2022

An absolute must see 3 Bedroom 3 full bath home located in the beautiful Lake Arrowhead Community in Limerick.This home is loaded with lots of storage areas, character and charm! situated on 2.40 acres and deeded water rights. Theres something for everyone in this beauty!

Last Agent to Sell the Property

Samantha Granger

Keller Williams Realty Listed on: 10/08/2021

Last Buyer's Agent

JoAnn Rist

Keller Williams Coastal and Lakes & Mountains Realty

Keller Williams Coastal and Lakes & Mountains Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,838

Year Built

  • Built in 1988

Lot Details

  • 2.4 Acre Lot
  • 358 Feet of Waterfront
  • Lake Front
  • Dirt Road
  • Rural Setting
  • Lot Has A Rolling Slope
  • Wooded Lot

HOA Fees

  • $111 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista
  • Woods

Home Design

  • Contemporary Architecture
  • Raised Ranch Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Cathedral Ceiling
  • Living Room
  • Dining Room
  • Home Office
  • Sun or Florida Room

Kitchen

  • Built-In Oven
  • Stove
  • Cooktop
  • Microwave
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • En-Suite Bathroom
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

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

Accessible Home Design

  • Accessible Approach with Ramp

Outdoor Features

  • Deeded Waterfront Access Rights
  • Beach Access
  • Nearby Water Access
  • Deck

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Forced Air Heating System
  • Heating System Uses Oil
  • Pellet Stove burns compressed wood to generate heat
  • Natural Gas Not Available
  • High-Efficiency Water Heater
  • Septic Design Available
  • Private Sewer
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 133
  • Assessor Parcel Number LIME-000044-000000-000133

Community Details

Overview

  • Lake Arrowhead Association Subdivision

Amenities

  • Clubhouse
  • Community Storage Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,838

Year Built

Built in 1988

Lot Details

0

HOA Fees

$111 per month

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.4
  • Road Surface Type: Gravel
  • Water Body Name: Lake Arrowhead
  • MLS Status: Closed
  • Subdivision Name: Lake Arrowhead Association
  • Directions: Take Beaver Brook Rd to Harbor View on Silver Lane. Go to end.
  • Above Grade Finished Sq Ft: 1768.0
  • Architectural Style: Contemporary, Raised Ranch
  • Garage Yn: Yes
  • Efficiency: High Efficiency Water Heater
  • Year Built: 1988
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Contract Information:List PriceSqFt: 226.24
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 2.4
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 1768.0
  • Property Information:SqFt Finished Below Grade: 524.0
  • Property Information:Garage: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Basement:Daylight: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Storage: Yes
  • Location Information:Association Fee: 111.0
  • Location Information:Fee Frequency Paid: Monthly
  • Property Information:Garage Spaces: 1.0
  • Exterior:Vinyl Siding: Yes
  • Kitchen Countertop:Granite: Yes
  • Vehicle Storage:Detached: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Roof:Metal: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Office:Office: Yes
  • Sunroom:Sunroom: Yes
  • Appliances Included:Cooktop: Yes
  • Appliances Included:Wall Oven: Yes
  • Bedroom 1 Amenities:Full Bath: Yes
  • Sewer:Private Sewer: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Location:Rural: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 358.0
  • Water Info:Water Frontage Owned -: 358.0
  • Recreational Water:Deeded: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Equipment:Internet Access Available: Yes
  • Site:RollingSloping: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Sewer:Septic Design Available: Yes
  • Equipment:Cable: Yes
  • Living Room Amenities:Cathedral Ceiling5: Yes
  • Room Features:Cathedral Ceiling29: Yes
  • Room Features:Heat Stove29: Yes
  • View:Scenic: Yes
  • Water Heater:Tank: Yes
  • Water Info:Island3: No
  • Accessibilitiy Amenities:Ramped Main Level: Yes
  • Living Room Amenities:Heat Stove5: Yes
  • Dining Room Amenities:Cathedral Ceiling15: Yes
  • Heat Fuel:Pellets: Yes
  • Cooling:AC Units: Yes
  • Recreational Water:Beach Rights: Yes
  • Energy Efficiency:High Efficiency Water Heater: Yes
  • Style:Raised Ranch: Yes
  • Sunroom Amenities:Three-Season: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Advertising Remarks:Advertising Remarks: An absolute must see 3 Bedroom 3 full bath home located in the beautiful Lake Arrowhead Community in Limerick.This home is loaded with character and charm! situated on 2.40 acres and deeded water rights. Theres something for everyone in this beauty!
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None

Interior Features

  • Appliances: Washer, Wall Oven, Refrigerator, Microwave, Dryer, Cooktop
  • Accessibility Features: Accessible Approach with Ramp
  • Has Basement: Daylight, Full, Walk-Out Access
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 524.0
  • Fireplace: No
  • Interior Amenities: 1st Floor Primary Bedroom w/Bath, Storage
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Rolling Slope, Wooded, Rural
  • View: Scenic, Trees/Woods
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Metal
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: 5 - 10 Spaces, Gravel, Detached

Utilities

  • Cooling: A/C Units, Multi Units
  • Cooling Y N: Yes
  • Heating: Stove, Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Design Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse
  • Association Fee: 111.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Amenities:Club House: Yes

Schools

  • Junior High Dist: RSU 57/MSAD 57

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 104544.0
  • Parcel #: LIME-000044-000000-000133
  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 3838.0
  • Tax Lot: 133
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2021
Closed on
Jan 21, 2022
Sold by
Mikesell David and Mikesell Lucinda
Bought by
Maguire Joseph K and Maguire Robin M
Seller's Agent
Samantha Granger
Keller Williams Realty
Buyer's Agent
JoAnn Rist
Keller Williams Coastal and Lakes & Mountains Realty
List Price
$450,000
Sold Price
$400,000
Premium/Discount to List
-$50,000
-11.11%
Current Estimated Value
$547,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,044
Avg. Annual Appreciation
8.14%
Original Mortgage
$320,000
Outstanding Balance
$293,711
Interest Rate
3.11%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$253,333
Source: Public Records
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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
Maguire Joseph K -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maguire Joseph K $320,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/21/2022 01/21/22 Sold $400,000 -11.1% $175 / Sq Ft
11/16/2021 11/16/21 Pending -- -- --
10/08/2021 10/08/21 For Sale $450,000 +125.1% $196 / Sq Ft
06/07/2013 06/07/13 Sold $199,900 -4.4% $104 / Sq Ft View Prior Sale
05/13/2013 05/13/13 Pending -- -- --
03/14/2013 03/14/13 For Sale $209,000 -- $108 / 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 $5,609 $590,449 $278,516 $311,933
2024 $5,609 $590,449 $278,516 $311,933
2023 $4,447 $292,549 $95,450 $197,099
2022 $4,154 $292,549 $95,450 $197,099
2021 $3,885 $234,039 $76,360 $157,679
2020 $3,838 $234,039 $76,360 $157,679
2019 $3,686 $234,039 $76,360 $157,679
2018 $3,995 $234,039 $76,360 $157,679
2017 $3,686 $234,039 $76,360 $157,679
2016 $3,154 $209,552 $76,360 $133,192
2015 $3,059 $209,552 $76,360 $133,192
2014 $2,965 $209,552 $76,360 $133,192
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1511587

Maine Listings

APN: LIME-000044-000000-000133