NOT LISTED FOR SALE

Estimated Value: $378,000 - $453,000

3 Beds
2 Baths
1,596 Sq Ft
$251/Sq Ft Est. Value

Last Sold July 16, 2018

Last sale price $185,500 $116 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $2,502/month

3 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Public Beach
  • Clubhouse
  • Docks
  • Boat Slip
  • Deck

About This Home

As of July 2018

Turnkey home in Lake Arrowhead Community recently renovated(2015). Two baths (1 up and 1 down), finished space in the basement, which could double as a master suite, large open kitchen, dining area. Lovely deck on the front for entertaining or use the patio for your fire pit in the back/side yard. Lovely landscaping including beautiful rock walls and beautiful perennials. Take advantage of all that Lake Arrowhead Community has to offer including indoor/outdoor swimming pools, fitness center, beaches, docks and more! This won't last long!

Last Agent to Sell the Property

Kim Hatem

North Star Realty Listed on: 05/26/2018

Last Buyer's Agent

Sandra Phillips

Bean Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,155

Year Built

  • Built in 1989

Lot Details

  • 0.57 Acre Lot
  • Property fronts a private road
  • Dirt Road
  • Public Beach
  • Near Conservation Area
  • Rural Setting
  • Landscaped
  • Corner Lot
  • Level Lot
  • Open Lot
  • Wooded Lot
  • Property is zoned vill-res

HOA Fees

  • $93 Monthly HOA Fees

Home Design

  • Raised Ranch Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Mud Room
  • Living Room
  • Attic

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms
  • Bathtub
  • Shower Only

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Finished Basement

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

Parking

  • Direct Access Garage
  • Driveway

Outdoor Features

  • Deeded Waterfront Access Rights
  • Beach Access
  • Nearby Water Access
  • Boat Slip
  • Docks
  • Deck
  • Shed
  • Outbuilding

Utilities

  • No Cooling
  • Forced Air Zoned Heating System
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Private Sewer
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Tax Lot a299
  • Assessor Parcel Number 25VictoriaLN0Waterbor420a299

Community Details

Overview

  • Lake Arrowhead Community Subdivision
  • The community has rules related to deed restrictions

Amenities

  • Clubhouse
  • Community Storage Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,155

Year Built

Built in 1989

Lot Details

0

HOA Fees

$93 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.57
  • Road Frontage Type: Private
  • Road Surface Type: Gravel, Paved
  • MLS Status: Closed
  • Subdivision Name: Lake Arrowhead Community
  • Directions: Rt.5, right on Chadbourne Ridge Rd, left on New Dam Rd, right on Victoria Lane, first house on right.
  • Above Grade Finished Sq Ft: 1096.0
  • Architectural Style: Raised Ranch
  • Garage Yn: Yes
  • Year Built: 1989
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.57
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1096.0
  • Property Information:SqFt Finished Below Grade: 500.0
  • Property Information:Garage: Yes
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Electric Range: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Storage: Yes
  • Location Information:Association Fee: 1110.0
  • Location Information:Fee Frequency Paid: Annually
  • Roads:Private: Yes
  • Exterior:Vinyl Siding: Yes
  • Condominium:FHA Certification2: No
  • Amenities:Laundry - Hookup: Yes
  • Amenities:Shower: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Mud Room:Mud Room: Yes
  • Heat System:Multi-Zones: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Sewer:Private Sewer: Yes
  • Roof:Pitched: Yes
  • Amenities:Attic: Yes
  • Recreational Water:Nearby: Yes
  • Location:Rural: Yes
  • Roads:GravelDirt: Yes
  • Recreational Water:Deeded: Yes
  • Site:Wooded: Yes
  • Site:RollingSloping: Yes
  • Property Information:Deed Restrictions: Yes
  • Property Information:Bank Owned REO: No
  • Equipment:Cable: Yes
  • Equipment:Satellite Dish: Yes
  • Laundry Room:Laundry Room: Yes
  • Location:Abuts Conservation: Yes
  • Recreational Water:Dock: Yes
  • Vehicle Storage:Under: Yes
  • Recreational Water:Beach Rights: Yes
  • Style:Raised Ranch: Yes
  • Recreational Water:Boat Slip: Yes
  • Other Structures:Shed: Yes
  • Other Structures:Out Building: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Electric Range, Dishwasher
  • Has Basement: Walk-Out Access, Finished, Full, Interior Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 500.0
  • Interior Amenities: 1st Floor Bedroom, Attic, Bathtub, Shower, Storage
  • Full Basement: Yes
  • Bedroom 2 Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First
  • Bedroom 1:Bedroom 1 Level: First
  • Laundry Room Laundry Room Level: Basement

Exterior Features

  • Lot Features: Corner Lot, Level, Open Lot, Rolling Slope, Landscaped, Wooded, Abuts Conservation, Near Public Beach, Neighborhood, Rural, Subdivided
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding, Shed(s)
  • Patio And Porch Features: Deck
  • Roof: Pitched, Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: 1 - 4 Spaces, Paved, Inside Entrance, Underground

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Forced Air, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse
  • Association Fee: 1110.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • Pets Allowed: Other Restrictions

Association/Amenities

  • Association Amenities:Club House: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 24829.2
  • Parcel #: 25VictoriaLN0Waterbor420a299
  • Zoning: vill-res

Tax Info

  • Tax Annual Amount: 2155.0
  • Tax Book Number: 17917
  • Tax Lot: a299
  • Tax Map Number: 42
  • Tax Year: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2018
Closed on
Jul 17, 2018
Sold by
Marhak Scott J
Bought by
Gilbert Michael J and Hammel Tina
Seller's Agent
Kim Hatem
North Star Realty
Buyer's Agent
Sandra Phillips
Bean Group
List Price
$185,000
Sold Price
$185,500
Premium/Discount to List
$500
0.27%
Current Estimated Value
$401,083

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,583
Avg. Annual Appreciation
10.39%
Original Mortgage
$179,308
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 15, 2015
Closed on
Mar 14, 2016
Sold by
Cutler Lending Llc
Bought by
Marhak Scott J
Seller's Agent
Margaret Hill
Bean Group
Buyer's Agent
Kim Fowler
Bean Group
List Price
$150,000
Sold Price
$144,000
Premium/Discount to List
-$6,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.38%
Original Mortgage
$147,456
Interest Rate
3.79%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 16, 2015
Sold by
Kennebunk Sb
Bought by
Cutler Lending Llc

Purchase Details

Closed on
Oct 20, 2011
Sold by
Staples Stephen L
Bought by
Kennebunk Savings Bank
Source: Public Records

Range of Values:

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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
Gilbert Michael J -- --
Marhak Scott J -- --
Cutler Lending Llc -- --
Kennebunk Savings Bank -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gilbert Michael J $183,000
Closed Gilbert Michael J $179,308
Previous Owner Marhak Scott J $147,456
Previous Owner Cutler Lending Llc $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2018 07/16/18 Sold $185,500 +0.3% $116 / Sq Ft
05/29/2018 05/29/18 Pending -- -- --
05/25/2018 05/25/18 For Sale $185,000 +28.5% $116 / Sq Ft
03/11/2016 03/11/16 Sold $144,000 -4.0% $90 / Sq Ft
11/20/2015 11/20/15 Pending -- -- --
11/14/2015 11/14/15 For Sale $150,000 -- $94 / 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 $2,894 $261,900 $30,000 $231,900
2023 $2,566 $194,400 $22,200 $172,200
2022 $2,418 $172,700 $19,800 $152,900
2021 $2,346 $155,900 $18,000 $137,900
2020 $2,182 $141,800 $16,500 $125,300
2019 $2,159 $140,300 $15,000 $125,300
2018 $2,148 $139,600 $15,000 $124,600
2017 $2,155 $139,600 $15,000 $124,600
2016 $2,128 $139,600 $15,000 $124,600
2015 $2,157 $154,600 $30,000 $124,600
2014 $2,163 $154,600 $30,000 $124,600
2013 $2,109 $154,600 $30,000 $124,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1352598

Maine Listings

APN: WTBR-000042-000000-A000000-000299