NOT LISTED FOR SALE

26 Worcester Way Lincoln, ME 04457

Estimated Value: $383,000 - $462,000

2 Beds
1 Bath
804 Sq Ft
$509/Sq Ft Est. Value

Last Sold March 11, 2024

Last sale price $365,000 $454 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,742/month

34 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Deck
  • Main Floor Bedroom
  • Home fronts a pond
  • Wood Flooring
  • No HOA

About This Home

As of March 2024

Maine lakefront cottage for sale in Lincoln, Maine. This two bedroom one bathroom year round home is located just 4 miles from all the amenities of Lincoln on highly desirable Upper Cold Stream Pond (Little Narrows). The first floor features a kitchen, open concept living/dining room, full bathroom, laundry room, and master bedroom. The open second floor offers lots of additional sleeping room. The 2 story 30x30 insulated and heated garage offers ample storage and workshop area. The cottage is nestled on 0.35 +/- acres with an additional 0.1 +/- acres across the road for overflow parking. Enjoy a relaxing environment surrounded by beautiful landscaping overlooking the easterly views of the lake. ATV and snowmobile trails are also directly accessible from the property. Enjoy hunting, fishing, boating, ATVing, snowmobiling, and all other recreational activities the Lincoln Lakes Region has to offer!

Last Agent to Sell the Property

Nolan Hanson

True North Realty, Inc. Listed on: 01/09/2024

True North Realty, Inc.

Last Buyer's Agent

Nolan Hanson

RE/MAX Collaborative

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,256

Year Built

  • Built in 1949

Lot Details

  • 0.45 Acre Lot
  • Home fronts a pond
  • 100 Feet of Waterfront
  • Lake Front
  • Dirt Road
  • Open Lot
  • Lot Has A Rolling Slope
  • Property is zoned Shoreland

Parking

  • 4 Car Detached Garage
  • Parking Storage or Cabinetry
  • Heated Garage
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Gravel Driveway

Home Design

  • Cottage
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 804 Sq Ft Home
  • Living Room
  • Water Views
  • Electric Range

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Crawl Space

Outdoor Features

  • Deck
  • Patio

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Heat Pump System
  • Heating System Mounted To A Wall or Window
  • Generator Hookup
  • Power Generator
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic System
  • Private Sewer
  • Internet Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 010
  • Assessor Parcel Number LNCN-000116-000000-000010

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,256

Year Built

Built in 1949

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.45
  • Road Surface Type: Gravel
  • Water Body Name: Upper Cold Stream Pond
  • MLS Status: Closed
  • Directions: From Lincoln, take Transalpine Road toward Burlington. Drive 4.0 miles and turn left on Worcester Way. Property is around the corner on the left, sign posted.
  • Above Grade Finished Sq Ft: 804.0
  • Architectural Style: Cottage
  • Garage Yn: Yes
  • Year Built: 1949
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 496.27
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.45
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 804.0
  • Property Information:Garage: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Heat Fuel:Propane: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Property Information:Garage Spaces: 4.0
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Cooling:Heat Pump3: Yes
  • Water Heater:Electric2: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Vehicle Storage:Detached: Yes
  • Living Room:Living Room: Yes
  • Exterior:Wood Siding: Yes
  • Basement:Crawl Space: Yes
  • Foundation Materials:PillarPostPier: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 100.0
  • Water Info:Water Frontage Owned -: 100.0
  • Water Info:Water Frontage Shared -: 100.0
  • Style:Cottage: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Equipment:Internet Access Available: Yes
  • Site:RollingSloping: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Vehicle Storage:Storage Above: Yes
  • Heat System:Direct Vent Heater: Yes
  • Equipment:Generator: Yes
  • Laundry Room:Laundry Room: Yes
  • Electric:Generator Hookup: Yes
  • Vehicle Storage:Heated: Yes
  • Basement Entry:Exterior Only: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Advertising Remarks:Advertising Remarks: Maine lakefront cottage for sale in Lincoln, Maine. This two bedroom one bathroom year round home is located just 4 miles from all the amenities of Lincoln on highly desirable Upper Cold Stream Pond (Little Narrows). The first floor features a kitchen, open concept living/dining room, full bathroom, laundry room, and master bedroom. The open second floor offers lots of additional sleeping room. The 2 story 30x30 insulated and heated garage offers ample storage and workshop area. The cottage is nestled on 0.35 +/- acres with an additional 0.1 +/- acres across the road for overflow parking. A Generac Standby Generator offers peace of mind that the lights and heat will always be on. Enjoy a relaxing environment surrounded by beautiful landscaping overlooking the easterly views of the lake. ATV and snowmobile trails are also directly accessible from the property. Enjoy hunting, fishing, boating, ATVing, snowmobiling, and all other recreational activities the Lincoln Lake Region has to offer!
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Electric Range, Dryer
  • Other Equipment: Internet Access Available, Generator
  • Has Basement: Crawl Space, Exterior Only
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Wood, Vinyl, Carpet
  • Interior Amenities: 1st Floor Bedroom
  • Bedroom 2 Level: Second
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First
  • Laundry Room Laundry Room Level: First

Exterior Features

  • Lot Features: Open Lot, Rolling Slope, Near Town, Subdivided
  • Waterfront Features: Lake, Pond
  • Waterfront: Yes
  • Construction Type: Wood Siding, Shingle Siding, Wood Frame
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Deck, Patio
  • Roof: Shingle
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features: 1 - 4 Spaces, Gravel, Garage Door Opener, Detached, Heated Garage, Storage

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump, Forced Air, Direct Vent Heater
  • Heating Yn: Yes
  • Electric: Generator Hookup, Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 19602.0
  • Parcel #: LNCN-000116-000000-000010
  • Zoning: Shoreland

Tax Info

  • Tax Annual Amount: 5256.0
  • Tax Lot: 010
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2024
Closed on
Mar 11, 2024
Sold by
Greenlaw Francis E and Greenlaw Mary T
Bought by
Steelhammer John A and Steelhammer Karen B
Seller's Agent
Nolan Hanson
True North Realty, Inc.
Buyer's Agent
Nolan Hanson
True North Realty, Inc.
List Price
$399,000
Sold Price
$365,000
Premium/Discount to List
-$34,000
-8.52%
Views
11
Current Estimated Value
$409,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,100
Avg. Annual Appreciation
6.47%

Purchase Details

Closed on
Dec 26, 2019
Sold by
Adams Jeremy J
Bought by
Greenlaw Francis E and Greenlaw Mary T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 9, 2018
Closed on
May 11, 2018
Sold by
Lyles Ann W and Lyles Danny H
Bought by
Adams Jeremy J
Seller's Agent
Peter Phinney
CWA & Lake Street Real Estate
Buyer's Agent
Edmund Aylward
True North Realty, Inc.
List Price
$154,900
Sold Price
$140,000
Premium/Discount to List
-$14,900
-9.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.03%
Original Mortgage
$135,800
Interest Rate
4.44%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Steelhammer John A $365,000 Gateway Title
Greenlaw Francis E -- None Available
Adams Jeremy J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Greenlaw Francis E $171,000
Previous Owner Adams Jeremy J $135,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/11/2024 03/11/24 Sold $365,000 -8.5% $454 / Sq Ft
02/12/2024 02/12/24 Pending -- -- --
01/09/2024 01/09/24 For Sale $399,000 +185.0% $496 / Sq Ft
05/10/2018 05/10/18 Sold $140,000 -9.6% $174 / Sq Ft View Prior Sale
03/24/2018 03/24/18 Pending -- -- --
03/09/2018 03/09/18 For Sale $154,900 -- $193 / 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 $7,240 $416,100 $132,000 $284,100
2024 $6,586 $319,700 $101,200 $218,500
2023 $6,145 $238,900 $70,800 $168,100
2022 $5,256 $238,900 $70,800 $168,100
2021 $4,467 $238,900 $70,800 $168,100
2020 $4,521 $209,300 $69,200 $140,100
2019 $4,835 $209,300 $69,200 $140,100
2018 $4,073 $176,300 $53,800 $122,500
2017 $3,976 $176,300 $53,800 $122,500
2016 $3,939 $176,300 $53,800 $122,500
2015 $3,914 $176,300 $53,800 $122,500
2014 $3,949 $176,300 $53,800 $122,500
2013 $4,048 $176,300 $53,800 $122,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1580148

Maine Listings

APN: LNCN-000116-000000-000010