NOT LISTED FOR SALE

26 Cove Rd Fayette, ME 04349

Estimated Value: $516,000 - $625,000

2 Beds
1 Bath
1,428 Sq Ft
$395/Sq Ft Est. Value

Last Sold September 17, 2021

Last sale price $470,000 $329 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,565/month

4 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Docks
  • Deck
  • 203 Feet of Waterfront
  • Home fronts a pond
  • Ranch Style House

About This Home

As of September 2021

You won't want to miss this amazing spot on Lovejoy Pond with over 200' of waterfront, .63 acres, level w/gradual entry and a sandy beach! You'll enjoy the serenity of owning your own vacation home that can be enjoyed year-round. Lovejoy Pond is quiet, private (no public boat launch) with over 360 acres and is one of the cleanest ponds in Central Maine with great water quality. You can fish for Brook Trout, Largemouth and Smallmouth Bass or take the Pontoon Boat out for a ride that's included! It's in a fantastic location: private dead-end road, close to shopping, farms, Augusta & Hallowell! The home is a well cared for year-round home that has been meticulously maintained, yard is beautifully landscaped, nestled in a cove w/sandy waterfront, near hiking trails, other lakes & great fishing. Attached 2 car garage, Metal roof, one-level living, beautiful fireplace with insert, 2 bedrooms(sleeps 8 with sleep sofa in sunroom), 1 bath, Laundry room, Mud room, Sunroom and many lake views throughout the house. This home comes mostly furnished with a dock and a 2011 18' Pontoon boat w/ 2013 Trailer. Complete security system with keyless entry if you decide to go the Air BnB route.
You'll love the comfortable breeze that will come through in the summer, but you'll also enjoy the gorgeous winter views of the lake from the inside while you warm up by the woodstoves. A large yard with plenty of spots for games, BBQ's or gardening. Many updates and move in ready! Come enjoy the lake--A Must See!

Last Listed By

Melissa Bartlett

Better Homes & Gardens Real Estate/The Masiello Group Brokerage Email: melissabartlett@masiello.com Listed on: 07/31/2021

Better Homes & Gardens Real Estate/The Masiello Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,952

Year Built

  • Built in 1960

Lot Details

  • 0.63 Acre Lot
  • Home fronts a pond
  • 203 Feet of Waterfront
  • Property fronts a private road
  • Dirt Road
  • Street terminates at a dead end
  • Rural Setting
  • Landscaped
  • Level Lot
  • Open Lot
  • Property is zoned Shore

Parking

  • 2 Car Direct Access Garage
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Ranch Style House
  • Cottage
  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,428 Sq Ft Home
  • Furnished
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Sun or Florida Room

Kitchen

  • Electric Range
  • Stove
  • Dishwasher
  • Formica Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Doors

Outdoor Features

  • Deeded Waterfront Access Rights
  • Docks
  • Deck
  • Enclosed Glass Porch

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Heating System Uses Kerosene
  • Heating System Uses Wood
  • Heating System Mounted To A Wall or Window
  • Natural Gas Not Available
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic System
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 021
  • Assessor Parcel Number FAYE-000002-000000-000021U

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,952

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.63
  • Road Frontage Type: Private
  • Road Surface Type: Gravel
  • Water Body Name: Lovejoy
  • Co List Office Mls Id: 1126
  • Co List Office Phone: 207-942-6711
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1428.0
  • Architectural Style: Cottage, Ranch
  • Garage Yn: Yes
  • Efficiency: Storm Doors
  • Year Built: 1960
  • Attribution Contact: melissabartlett@masiello.com
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 0.63
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 1428.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Washer: Yes
  • Floors:Carpet: Yes
  • Electric:Circuit Breakers: Yes
  • Amenities:Security System: Yes
  • Property Information:Garage Spaces: 2.0
  • Roads:Private: Yes
  • Foundation Materials:Slab: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:One-Floor Living: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Roof:Metal: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Style:Ranch: Yes
  • Parking:On Site2: Yes
  • Amenities:Bathtub: Yes
  • Sunroom:Sunroom: Yes
  • Foundation Materials:PillarPostPier: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Property Information:Short Sale Continue to Show: No
  • Basement:Slab2: Yes
  • Heat Fuel:K-1Kerosene: Yes
  • Heat Fuel:Wood2: Yes
  • Living Room Amenities:Wood Burning Fireplace14: Yes
  • Room Features:Wood Burning Fireplace29: Yes
  • Location:Rural: Yes
  • Roads:Dead End: Yes
  • Water Info:Waterfront Amount -: 203.0
  • Water Info:Water Frontage Owned -: 203.0
  • Recreational Water:Deeded: Yes
  • Style:Cottage: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Dining Room Amenities:Dining Area: Yes
  • Room Features:Dining Area2: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Kitchen Countertop:Formica: Yes
  • Room Features:Heat Stove29: Yes
  • View:Scenic: Yes
  • Heat System:Direct Vent Heater: Yes
  • Amenities:Furniture Included: Yes
  • Water Info:Island3: No
  • Recreational Water:Dock: Yes
  • Cooling:AC Units: Yes
  • Energy Efficiency:Storm Doors: Yes
  • Sunroom Amenities:Heat Stove: Yes
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Electric Range, Dryer, Dishwasher
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Furniture Included, 1st Floor Bedroom, Bathtub, One-Floor Living
  • Bedroom 2 Level: First
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First

Exterior Features

  • Lot Features: Level, Open Lot, Landscaped, Near Shopping, Near Town, Rural
  • View: Scenic
  • Waterfront Features: Pond
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Pillar/Post/Pier, Slab
  • Patio And Porch Features: Deck, Glass Enclosed
  • Roof: Metal
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Gravel, On Site, Garage Door Opener, Inside Entrance

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level, Washer Hookup
  • Security: Security System
  • Cooling: A/C Units, Multi Units
  • Cooling Y N: Yes
  • Heating: Stove, Direct Vent Heater
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Fayette Public Schools

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 27442.8
  • Parcel #: FAYE-000002-000000-000021U
  • Zoning: Shore

Tax Info

  • Tax Annual Amount: 4952.0
  • Tax Book Number: 11052
  • Tax Lot: 021
  • Tax Map Number: U002
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2021
Closed on
Sep 17, 2021
Sold by
Capachietti Albert F and Capachietti Lisa A
Bought by
Densmore Shawn D and Densmore Valerie B
Seller's Agent
Melissa Bartlett
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Laura Dionne
Keller Williams Realty
List Price
$449,900
Sold Price
$470,000
Premium/Discount to List
$20,100
4.47%
Total Days on Market
4
Current Estimated Value
$564,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,408
Avg. Annual Appreciation
5.88%
Original Mortgage
$329,000
Outstanding Balance
$304,160
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$274,584

Purchase Details

Listed on
Sep 16, 2011
Closed on
May 31, 2012
Sold by
Clayton Charles and Clayton Gweneth
Bought by
Capachietti Albert F and Roy Lisa A
Seller's Agent
Patricia Estey
Sprague & Curtis Real Estate
Buyer's Agent
Patricia Estey
Sprague & Curtis Real Estate
List Price
$259,900
Sold Price
$180,000
Premium/Discount to List
-$79,900
-30.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.86%
Original Mortgage
$140,000
Interest Rate
3.9%
Mortgage Type
Commercial

Range of Values:

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Average Value
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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
Densmore Shawn D -- None Available
Capachietti Albert F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Densmore Shawn D $329,000
Previous Owner Capachietti Albert F $140,000
Previous Owner Clayton Charles W $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2021 09/17/21 Sold $470,000 +4.5% $329 / Sq Ft
08/05/2021 08/05/21 Pending -- -- --
07/31/2021 07/31/21 For Sale $449,900 +149.9% $315 / Sq Ft
05/30/2012 05/30/12 Sold $180,000 -30.7% $126 / Sq Ft
05/03/2012 05/03/12 Pending -- -- --
09/18/2011 09/18/11 For Sale $259,900 -- $182 / 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
2023 $5,223 $391,200 $232,300 $158,900
2022 $5,167 $388,800 $232,300 $156,500
2021 $5,018 $266,200 $162,900 $103,300
2020 $4,952 $262,700 $162,900 $99,800
2019 $4,926 $262,700 $162,900 $99,800
2018 $4,742 $262,700 $162,900 $99,800
2017 $4,335 $262,700 $162,900 $99,800
2016 $4,072 $262,700 $162,900 $99,800
2015 $3,967 $262,700 $162,900 $99,800
2014 $3,941 $262,700 $162,900 $99,800
2013 $3,612 $262,700 $162,900 $99,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1503152

Maine Listings

APN: FAYE-000002-000000-000021U