NOT LISTED FOR SALE

262 S Cove Rd Willimantic, ME 04443

Estimated Value: $401,000 - $518,754

2 Beds
1 Bath
1,133 Sq Ft
$391/Sq Ft Est. Value

Last Sold March 15, 2023

Last sale price $450,000 $397 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,678/month

95 Days on Market

Highlights

  • 150 Feet of Waterfront
  • Deck
  • Wood Flooring
  • Chalet
  • Wooded Lot
  • Furnished

About This Home

As of March 2023

Incredible, gorgeous spot comes with this beautiful cottage on Sebec lake with 150' frontage on the water looking out over a very wide expanse of the lake with beautiful views. Lovely kitchen, dining area, large living room, two bedrooms, full basement. Unmatched views of the 'castle' and Borestone Mountain from your front deck. Property comes fully furnished and includes a new 30- foot Floe roll-in dock. Handcrafted interior designed with attention to detail. None other like it.

Last Listed By

Neil Mallett

Mallett Real Estate, LLC Listed on: 10/28/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,346

Year Built

  • Built in 1980

Lot Details

  • 1 Acre Lot
  • 150 Feet of Waterfront
  • Lake Front
  • Dirt Road
  • Rural Setting
  • Seasonal Access to Property
  • Lot Has A Rolling Slope
  • Wooded Lot

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • Gravel Driveway

Home Design

  • Chalet
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,133 Sq Ft Home
  • Furnished
  • Living Room
  • Dining Room
  • Wood Flooring
  • Water Views
  • Stove

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Deck

Utilities

  • No Cooling
  • Heating System Uses Wood
  • Natural Gas Not Available
  • Well
  • Electric Water Heater
  • Septic System
  • Private Sewer

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number WILC-000020-000000-000018

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,346

Year Built

Built in 1980

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.0
  • Road Surface Type: Gravel, Paved
  • Water Body Name: Sebec Lake
  • MLS Status: Closed
  • Directions: From Dover-Foxcroft, take Guilford Road, turn right on to Sebec Shores Road, then right onto South Cove Road. Property is 262 South Cove Road.
  • Above Grade Finished Sq Ft: 1133.0
  • Architectural Style: Chalet
  • Garage Yn: No
  • Year Built: 1980
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 1.0
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 1133.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Stove: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Location Information:Association Fee: 200.0
  • Location Information:Fee Frequency Paid: Annually
  • Water Heater:Electric2: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Exterior:Wood Siding: Yes
  • Sewer:Private Sewer: Yes
  • Heat Fuel:Wood2: Yes
  • Location:Rural: Yes
  • Water Info:Waterfront Amount -: 150.0
  • Water Info:Water Frontage Owned -: 150.0
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Site:RollingSloping: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Amenities:Furniture Included: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Has Basement: Full, Interior Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: Furniture Included
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First

Exterior Features

  • Lot Features: Rolling Slope, Wooded, Rural
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 200.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 43560.0
  • Parcel #: WILC-000020-000000-000018
  • Zoning: res

Tax Info

  • Tax Annual Amount: 2346.0
  • Tax Book Number: 696
  • Tax Lot: 18
  • Tax Map Number: 20
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2022
Closed on
Mar 10, 2023
Sold by
Rathbun Robert J Est
Bought by
Taylor Heather L and Taylor Steven S
Seller's Agent
Neil Mallett
Mallett Real Estate, LLC
Buyer's Agent
Shari Garland Tammy Smith
Realty of Maine
List Price
$495,000
Sold Price
$450,000
Premium/Discount to List
-$45,000
-9.09%
Total Days on Market
95
Views
2
Current Estimated Value
$442,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,561
Avg. Annual Appreciation
-0.47%
Original Mortgage
$290,000
Outstanding Balance
$283,096
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$162,407

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Taylor Heather L $450,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taylor Heather L $290,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2023 03/15/23 Sold $450,000 -9.1% $397 / Sq Ft
10/28/2022 10/28/22 For Sale $495,000 -- $437 / 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 $2,346 $252,290 $168,480 $83,810
2022 $2,346 $252,290 $168,480 $83,810
2021 $2,346 $252,290 $168,480 $83,810
2020 $1,382 $252,290 $168,480 $83,810
2019 $1,534 $252,290 $168,480 $83,810
2017 $2,525 $252,500 $170,100 $82,400
2016 $1,542 $252,500 $170,100 $82,400
2014 $2,298 $252,500 $170,100 $82,400
2013 $2,045 $252,500 $170,100 $82,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Similar Home in Willimantic, ME

  • 345 Tim's Cove Rd, Willimantic, ME 04443

    $375,000

    • 2 Beds
    • 1 Bath
    • 1,000 Sq Ft
    • 345 Tim's Cove Rd
    • Willimantic, ME

    Charming Waterfront Camp on Sebec Lake - 345 Tims CoveNestled on 1.58 acres along the serene shores of Sebec Lake, this cozy camp offers the perfect getaway. Built in the mid-1980s, the property boasts 2 bedrooms, 1 bath, and a spacious loft, providing ample space for family and friends.Key features include:Affordable pricing with year-round potentialStunning beach

    Dolly Perkins Realty of Maine

    Section Image

Source: Maine Listings

MLS Number: 1547006

Maine Listings

APN: WILC-000020-000000-000018