NOT LISTED FOR SALE

3 Richards Dr Monmouth, ME 04259

Estimated Value: $309,000 - $356,478

2 Beds
1 Bath
936 Sq Ft
$355/Sq Ft Est. Value

Last Sold October 05, 2018

Last sale price $80,000 $85 Per Sq Ft

Est. 315% increase in value since last sale

Current estimated payment $2,068/month

85 Days on Market

Highlights

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

About This Home

As of October 2018

Great Opportunity to own your 2 bedroom seasonal waterfront camp! 50' owned waterfront on Jug Stream accessing 1400 Acre Lake Annabessacook. Fisherman's paradise and family fun tubing, kayaking and boating in summer, ice fishing in winter! Large deck to enjoy summer evenings. Listen to the Loons, watch beavers, Eagles fly over. New dock for your boat. Easy commute to Augusta, Lewiston, Portland. I 295 and I 95 North/ South nearby. Cottage has upgraded kitchen and modern bathroom with shower and washer/dryer, circuit breakers, septic tank and leach field. Great rental Income history from AirB&B (Jug Cove Cottage), VRBO, and Home Away. $125/nightly. Rent some weeks and reserve others for yourself and guests. Living room couches, end tables, TV stand, and bar stools convey. More than meets the eye here!

Last Agent to Sell the Property

Nancy Beal

Century 21 North East Listed on: 05/16/2018

Last Buyer's Agent

A Michael Lund

Kenniston Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 0.39 Acre Lot
  • 50 Feet of Waterfront
  • Lake Front
  • River Front
  • Dirt Road
  • Rural Setting
  • Seasonal Access to Property
  • Lot Has A Rolling Slope
  • Property is zoned Shoreland

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • No Driveway

Home Design

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

Interior Spaces

  • 936 Sq Ft Home
  • Living Room
  • Dining Room
  • Water Views

Kitchen

  • Microwave
  • Formica Countertops

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

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

Outdoor Features

  • Deeded Waterfront Access Rights
  • Nearby Water Access
  • Deep Water Access
  • River Nearby
  • Docks
  • Deck

Utilities

  • No Cooling
  • Baseboard Heating
  • Natural Gas Not Available
  • The lake is a source of water for the property
  • Electric Water Heater
  • Septic System
  • Private Sewer

Listing and Financial Details

  • Tax Lot 162
  • Assessor Parcel Number 3richardslanemonmouthmaine04259

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.39
  • Road Surface Type: Gravel
  • Water Body Name: Jug Stream/Annabessacook
  • MLS Status: Closed
  • Directions: From Route 202 in Winthrop turn right onto Rte. 135 S and turn right onto Larry Drive. Home is only 300+/- Ft. on the right, see sign. From Rte 126 Lewiston/Gardiner tale south Monmouth Road cont. to Sanborn Rd. to end. Left on Rte. 135 Right on Larry Dr.
  • Above Grade Finished Sq Ft: 936.0
  • Architectural Style: Ranch
  • Garage Yn: No
  • Year Built: 1950
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 85.47
  • Property Information:Seasonal: Yes
  • Property Information:Lot Size Acres -: 0.39
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 936.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Location Information:Association Fee: 200.0
  • Location Information:Fee Frequency Paid: Annually
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Amenities:One-Floor Living: Yes
  • Roof:Metal: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Style:Ranch: Yes
  • Exterior:Wood Siding: Yes
  • Foundation Materials:PillarPostPier: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Roof:Pitched: Yes
  • Recreational Water:Nearby: Yes
  • Recreational Water:RiverBrookStream: Yes
  • Location:Rural: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 50.0
  • Water Info:Water Frontage Owned -: 50.0
  • Recreational Water:Deeded: Yes
  • Recreational Water:Waterfront Deep: Yes
  • Site:RollingSloping: Yes
  • Driveway:No Driveway: Yes
  • Property Information:Deed Restrictions: Unknown
  • Sewer:Septic Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Kitchen Countertop:Formica: Yes
  • Water Info:Island3: No
  • Laundry Room:Laundry Room: Yes
  • Recreational Water:Dock: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Advertising Remarks:Advertising Remarks: Great Opportunity to own your 2 bedroom seasonal waterfront camp! 50' owned waterfront on Jug Stream accessing 1400 Acre Lake Annabessacook. Fisherman's paradise and family fun tubing, kayaking and boating! Large deck to enjoy summer evenings. Listen to the Loons, watch beavers, Eagles fly over. New dock for your boat. Easy commute to Augusta, Lewiston, Portland. I 295 ans I 95 North/ South nearby. Cottage has upgraded kitchen and modern bathroom with shower and washer/dryer. Great rental Inco history from AirB&B, VRBO, and Home Away. $125/nightly. Rent some weeks and reserve others for yourself and guests. Living room couches, end tables, TV stand, and bar stools convey. More than meets the eye here!
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Dryer
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: 1st Floor Bedroom, 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
  • Bedroom 1:Bedroom 1 Level: First
  • Laundry Room Laundry Room Level: First

Exterior Features

  • Lot Features: Rolling Slope, Rural
  • Waterfront Features: Lake, River
  • Waterfront: Yes
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Deck
  • Roof: Metal, Pitched
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Driveway

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 16988.4
  • Parcel #: 3richardslanemonmouthmaine04259
  • Zoning: Shoreland

Tax Info

  • Tax Annual Amount: 2657.0
  • Tax Lot: 162
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2018
Closed on
Oct 5, 2018
Sold by
Beal Anne E and Beal Jason P
Bought by
Sund Jeanne C and Profenno Anthony D
Seller's Agent
Nancy Beal
Century 21 North East
Buyer's Agent
A Michael Lund
Kenniston Realty
List Price
$122,000
Sold Price
$80,000
Premium/Discount to List
-$42,000
-34.43%
Current Estimated Value
$331,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,870
Avg. Annual Appreciation
21.55%
Original Mortgage
$60,000
Outstanding Balance
$52,324
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$279,546

Purchase Details

Listed on
Jun 23, 2015
Closed on
Aug 18, 2015
Sold by
Lineberry Paul W and Quinn Kelly S
Bought by
Beal Anne E and Beal Jason P
Seller's Agent
Geri Doyle
Rizzo Mattson
Buyer's Agent
Nancy Beal
Century 21 North East
List Price
$68,000
Sold Price
$60,000
Premium/Discount to List
-$8,000
-11.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.56%
Original Mortgage
$48,000
Interest Rate
4.08%
Mortgage Type
New Conventional
Source: Public Records
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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
Sund Jeanne C -- --
Beal Anne E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sund Jeanne C $60,000
Previous Owner Beal Anne E $48,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/05/2018 10/05/18 Sold $80,000 -34.4% $85 / Sq Ft
08/10/2018 08/10/18 Pending -- -- --
05/16/2018 05/16/18 For Sale $122,000 +103.3% $130 / Sq Ft
08/14/2015 08/14/15 Sold $60,000 -11.8% $64 / Sq Ft View Prior Sale
06/28/2015 06/28/15 Pending -- -- --
06/23/2015 06/23/15 For Sale $68,000 -- $73 / 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 $3,791 $185,400 $122,600 $62,800
2023 $3,356 $185,400 $122,600 $62,800
2022 $3,143 $161,200 $106,600 $54,600
2021 $3,031 $161,200 $106,600 $54,600
2020 $2,926 $161,200 $106,600 $54,600
2018 $2,657 $151,400 $106,600 $44,800
2017 $2,657 $151,400 $106,600 $44,800
2016 $2,572 $155,400 $106,800 $48,600
2015 $2,354 $150,900 $106,800 $44,100
2013 $2,196 $150,900 $106,800 $44,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1350705

Maine Listings

APN: MONM-000036-000000-000162