NOT LISTED FOR SALE

3 Bear Hill Rd Limerick, ME 04048

Estimated Value: $383,869 - $419,000

3 Beds
1 Bath
1,550 Sq Ft
$261/Sq Ft Est. Value

Last Sold June 01, 2018

Last sale price $196,000 $126 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $2,526/month

33 Days on Market

Highlights

  • 50 Feet of Waterfront
  • In Ground Pool
  • Cape Cod Architecture
  • Beach Access
  • View of Trees or Woods
  • Clubhouse

About This Home

As of June 2018

Remodeled 3 Bedroom Cape style cottage with an open floor plan. New wood floors, first floor laundry, new gas heating system, new carpeting, some new windows and new appliances. Seasonal water view of lake arrowhead and a 5 min walk to beach number 6. Enjoy the front deck with family and friends or the second floor master bedroom deck on those warm summer evenings. All this and an enclosed front 3 season room to cover those few rainy days, a 2 car garage to keep the snow off, a shed for storage and a double lot for privacy. What more could you ask for you ask, how about lake arrowhead clubhouse #1 which is close by with indoor pool, a weight and cardio room. This is a great year round home or seasonal getaway.

Last Agent to Sell the Property

Richard Durgin Jr

Century 21 First Choice Realty Brokerage Email: gregory.fall@century21.com Listed on: 03/23/2018

Last Buyer's Agent

Julie Court

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,875

Year Built

  • Built in 1968

Lot Details

  • 1 Acre Lot
  • 50 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Dirt Road
  • Rural Setting
  • Corner Lot
  • Wooded Lot
  • Property is zoned SF/SR

HOA Fees

  • $88 Monthly HOA Fees

Home Design

  • Cape Cod Architecture
  • Chalet
  • A-Frame Home
  • Cottage
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,550 Sq Ft Home
  • Multi-Level Property
  • Living Room
  • Views of Woods
  • Electric Range
  • Laundry on main level

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom
  • Shower Only

Unfinished Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • Attached Garage
  • Gravel Driveway

Outdoor Features

  • In Ground Pool
  • Beach Access
  • Nearby Water Access
  • Deck
  • Shed
  • Outbuilding

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Private Water Source
  • Electric Water Heater
  • Septic System
  • Private Sewer

Listing and Financial Details

  • Tax Lot 225

Community Details

Overview

  • Lake Arrowhead Subdivision

Amenities

  • Clubhouse

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,875

Year Built

Built in 1968

Lot Details

0

HOA Fees

$88 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.0
  • Road Frontage Type: Private
  • Road Surface Type: Gravel
  • Water Body Name: Lake Arrowhead
  • MLS Status: Closed
  • Subdivision Name: Lake Arrowhead
  • Directions: use mls mapping for best directions
  • Above Grade Finished Sq Ft: 1550.0
  • Architectural Style: Chalet, Cottage, Cape, A-Frame, Multi-Level
  • Garage Yn: Yes
  • Year Built: 1968
  • Attribution Contact: gregory.fall@century21.com
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.0
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 1550.0
  • Property Information:Garage: Yes
  • Site:Corner Lot: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Seasonal
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Electric Range: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Amenities:Pool-In Ground: Yes
  • Location Information:Association Fee: 1060.0
  • Location Information:Fee Frequency Paid: Annually
  • Roads:Private: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Living Room:Living Room: Yes
  • Heat System:Multi-Zones: Yes
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Exterior:Wood Siding: Yes
  • Basement:Crawl Space: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Recreational Water:Nearby: Yes
  • Location:Rural: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 50.0
  • Style:Cottage: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Property Information:Deed Restrictions: Unknown
  • Sewer:Septic Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Basement Entry:Exterior Only: Yes
  • Recreational Water:Beach Rights: Yes
  • Other Structures:Shed: Yes
  • Other Structures:Out Building: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Electric Range
  • Has Basement: Crawl Space, Exterior Only, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: 1st Floor Bedroom, Shower
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Corner Lot, Wooded, Neighborhood, Rural, Subdivided
  • Pool Features: In Ground
  • View: Trees/Woods
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Wood Siding, Wood Frame
  • Other Structures: Outbuilding, Shed(s)
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: 1 - 4 Spaces, Gravel, On Site

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Private

Condo/Co-op/Association

  • Community Features: Clubhouse
  • Association Fee: 1060.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Association Amenities:Club House: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 43560.0
  • Parcel #: 999999
  • Zoning: SF/SR

Tax Info

  • Tax Annual Amount: 1875.0
  • Tax Book Number: 17281
  • Tax Lot: 225
  • Tax Map Number: 41
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2016
Closed on
Jul 22, 2016
Sold by
Us Bank Na Tr
Bought by
Bedard Builders Inc
Seller's Agent
Richard Durgin Jr
Century 21 First Choice Realty
Buyer's Agent
Richard Durgin
Century 21 Northeast Associates
List Price
$91,900
Sold Price
$65,000
Premium/Discount to List
-$26,900
-29.27%
Current Estimated Value
$404,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$339,467
Avg. Annual Appreciation
21.69%

Purchase Details

Listed on
Feb 7, 2016
Closed on
Jul 8, 2016
Sold by
Fearon Robin
Bought by
Us Bank Na Tr
Seller's Agent
Richard Durgin Jr
Century 21 First Choice Realty
Buyer's Agent
Richard Durgin
Century 21 Northeast Associates
List Price
$91,900
Sold Price
$65,000
Premium/Discount to List
-$26,900
-29.27%

Purchase Details

Closed on
Jul 29, 2005
Sold by
Taylor Curtis K and Taylor Darlene D
Bought by
Fearon Robin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
8%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Bedard Builders Inc -- --
Us Bank Na Tr -- --
Fearon Robin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ouellette Brandon F $22,977
Open Ouellette Brandon F $197,979
Previous Owner Fearon Robin $144,000
Previous Owner Fearon Robin $104,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2018 06/01/18 Sold $196,000 +0.3% $126 / Sq Ft
04/26/2018 04/26/18 Pending -- -- --
03/23/2018 03/23/18 For Sale $195,500 +200.8% $126 / Sq Ft
07/15/2016 07/15/16 Sold $65,000 -29.3% $68 / Sq Ft
06/06/2016 06/06/16 Pending -- -- --
02/07/2016 02/07/16 For Sale $91,900 -- $96 / 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 $2,813 $296,096 $67,952 $228,144
2023 $2,262 $148,829 $32,275 $116,554
2022 $2,113 $148,829 $32,275 $116,554
2021 $1,976 $119,063 $25,820 $93,243
2020 $1,953 $119,063 $25,820 $93,243
2019 $1,875 $119,063 $25,820 $93,243
2018 $1,923 $119,063 $25,820 $93,243
2017 $1,875 $119,063 $25,820 $93,243
2016 $1,792 $119,063 $25,820 $93,243
2015 $1,738 $119,063 $25,820 $93,243
2014 $1,685 $119,063 $25,820 $93,243
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1342562

Maine Listings

APN: LIME-000041-000000-000225