NOT LISTED FOR SALE

28 Lake Ave Gray, ME 04039

Estimated Value: $449,000 - $580,346

2 Beds
1 Bath
880 Sq Ft
$590/Sq Ft Est. Value

Last Sold June 30, 2014

Last sale price $166,000 $189 Per Sq Ft

Est. 213% increase in value since last sale

Current estimated payment $3,124/month

1 Day on Market

Highlights

  • Deeded Waterfront Access Rights
  • Deck
  • Ranch Style House
  • 50 Feet of Waterfront
  • Wooded Lot
  • Wood Flooring

About This Home

As of June 2014

Enjoy sunsets from the incredible front porch or stroll over to deeded ROW & paddle out to Little Sebago. 2bed/1ba Ranch w/extra sleeping space in loft. Large windows let you enjoy the view. Year round living or use as your vacation get away.

Last Agent to Sell the Property

Casey Gray

RE/MAX Coastal Listed on: 05/16/2014

RE/MAX Coastal

Last Buyer's Agent

Carol Doucette

Allied Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,325

Year Built

  • Built in 1950

Lot Details

  • 0.36 Acre Lot
  • 50 Feet of Waterfront
  • Lake Front
  • Dirt Road
  • Street terminates at a dead end
  • Rural Setting
  • Level Lot
  • Open Lot
  • Wooded Lot

HOA Fees

  • $13 Monthly HOA Fees

Property Views

  • Water
  • Scenic Vista
  • Woods

Home Design

  • Ranch Style House
  • Bungalow
  • Concrete Foundation
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 880 Sq Ft Home
  • Living Room
  • Loft
  • Electric Range

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Basement

  • Sump Pump
  • Crawl Space

Parking

  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

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

Utilities

  • No Cooling
  • Heating System Uses Kerosene
  • Heating System Mounted To A Wall or Window
  • Private Water Source
  • Electric Water Heater
  • Private Sewer

Community Details

  • Lake Rd Association Subdivision

Listing and Financial Details

  • Legal Lot and Block 075 / 302
  • Assessor Parcel Number 28Lake AvenueGray40302075

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,325

Year Built

Built in 1950

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.36
  • Road Surface Type: Gravel
  • Water Body Name: Little Sebago
  • MLS Status: Closed
  • Subdivision Name: Lake Rd Association
  • Directions: Campbell Shore Rd in Gray to Lake Ave...keep going!
  • Above Grade Finished Sq Ft: 880.0
  • Architectural Style: Bungalow, Ranch
  • Year Built: 1950
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 188.64
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.36
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 880.0
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Appliances Included:Electric Range: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Location Information:Association Fee: 13.0
  • Location Information:Fee Frequency Paid: Monthly
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Living Room:Living Room: Yes
  • Style:Bungalow: Yes
  • Style:Ranch: Yes
  • Foundation Materials:Block3: Yes
  • Exterior:Wood Siding: Yes
  • Basement:Crawl Space: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Recreational Water:Nearby: Yes
  • Heat Fuel:K-1Kerosene: Yes
  • Location:Rural: Yes
  • Roads:Dead End: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 50.0
  • Recreational Water:Deeded: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Site:RollingSloping: Yes
  • View:Scenic: Yes
  • Heat System:Direct Vent Heater: Yes
  • Basement:Sump Pump: Yes
  • Loft:Loft: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Advertising Remarks:Advertising Remarks: Enjoy sunsets from the incredible front porch or stroll over to deeded ROW & paddle out to Little Sebago. 2bed/1ba Ranch w/extra sleeping space in loft. Large windows let you enjoy the view. Large deck off back of house to enjoy wooded view and BBQ's. Year round living or use as your vacation get away. FMI or appointment call Casey Gray 207-756-4095 or Laura Fleischer 207-776-8436
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Electric Range
  • Has Basement: Crawl Space, Sump Pump
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: 1st Floor Bedroom
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Level, Open Lot, Rolling Slope, Wooded, Neighborhood, Rural
  • View: Scenic, Trees/Woods
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Block, Concrete Perimeter
  • Patio And Porch Features: Deck, Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Association Fee: 13.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 15681.6
  • Parcel #: 28Lake AvenueGray40302075
  • Zoning: RES

Tax Info

  • Tax Annual Amount: 1325.0
  • Tax Block: 302
  • Tax Lot: 075
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2014
Closed on
Jul 2, 2014
Sold by
Veligor Vincent D and Veligor Susan J
Bought by
Arsenault Gregory L and Arsenault Tami D
Seller's Agent
Casey Gray
RE/MAX Coastal
Buyer's Agent
Carol Doucette
Allied Real Estate
List Price
$166,000
Sold Price
$166,000
Current Estimated Value
$518,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$352,837
Avg. Annual Appreciation
10.47%
Original Mortgage
$132,800
Outstanding Balance
$100,562
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$418,275

Purchase Details

Closed on
Jul 26, 2010
Sold by
Fhlmc
Bought by
Veligor Vincent D and Veligor Susan J

Purchase Details

Closed on
Jan 31, 2008
Sold by
Vambrunt Mary Lee
Bought by
Mccoach Jacob

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,500
Interest Rate
6.18%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Arsenault Gregory L -- --
Veligor Vincent D $97,900 --
Fhlmc -- --
First Tennessee Bank Na -- --
Mccoach Jacob -- --
Arsenault Gregory L -- --
Veligor Vincent D $97,900 --
Mccoach Jacob -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arsenault Gregory L $132,800
Closed Mccoach Jacob $132,800
Previous Owner Mccoach Jacob $114,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2014 06/30/14 Sold $166,000 0.0% $189 / Sq Ft
05/18/2014 05/18/14 Pending -- -- --
05/16/2014 05/16/14 For Sale $166,000 -- $189 / 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 $4,548 $469,800 $242,800 $227,000
2024 $4,557 $469,800 $242,800 $227,000
2023 $3,845 $253,300 $75,300 $178,000
2022 $3,534 $253,300 $75,300 $178,000
2021 $3,311 $226,600 $75,300 $151,300
2020 $3,342 $226,600 $75,300 $151,300
2019 $3,342 $226,600 $75,300 $151,300
2018 $3,175 $226,800 $75,300 $151,500
2017 $1,606 $89,000 $33,000 $56,000
2016 $1,629 $89,000 $33,000 $56,000
2015 $1,401 $77,000 $21,000 $56,000
2014 $1,401 $77,000 $21,000 $56,000
2012 $1,221 $77,010 $21,040 $55,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1135067

Maine Listings

APN: GRAY-000040-000302-000075