NOT LISTED FOR SALE

308 Stanhope Mill Rd Lincoln, ME 04457

Estimated Value: $526,652 - $591,000

3 Beds
1.5 Baths
2,800 Sq Ft
$197/Sq Ft Est. Value

Last Sold April 21, 2021

Last sale price $325,000 $116 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $3,708/month

119 Days on Market

Highlights

  • 176 Feet of Waterfront
  • Home fronts a pond
  • Wooded Lot
  • Docks
  • Deck
  • Wood Flooring

About This Home

As of April 2021

Year round home for sale on Upper Cold Stream Pond in Lincoln, Maine! The first floor features a mud room, laundry/utility room, eat in kitchen, dining room, living room, half bathroom, and a bedroom. The second floor features a full bathroom, two bedrooms, a den, office, bonus room, a large family room. This home has power, generator hookup, private septic, lake drawn water (used year round), and year round access. The home sits on 1.17+/- surveyed acres with 176+/- feet of lakefront. The large deck and balcony face the lake. Enjoy all that Upper Cold Stream has to offer; fishing, boating, kayaking, and swimming.

Last Agent to Sell the Property

Brendon Ireland

Realty of Maine Listed on: 11/07/2020

Co-Listed By

Chelsea Ireland

Realty of Maine

Last Buyer's Agent

Deborah Henderson

RE/MAX Advantage Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,182

Year Built

  • Built in 1974

Lot Details

  • 1.17 Acre Lot
  • Home fronts a pond
  • 176 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Dirt Road
  • Rural Setting
  • Landscaped
  • Level Lot
  • Open Lot
  • Wooded Lot
  • Property is zoned Shoreland

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Gambrel Roof
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Shingle Siding

Interior Spaces

  • 2,800 Sq Ft Home
  • Mud Room
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Bonus Room

Kitchen

  • Electric Range
  • Stove
  • Microwave
  • Dishwasher
  • Formica Countertops

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Primary bedroom located on second floor

Laundry

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

Outdoor Features

  • Docks
  • Balcony
  • Deck

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Kerosene
  • Heating System Uses Wood
  • Baseboard Heating
  • Hot Water Heating System
  • Generator Hookup
  • Natural Gas Not Available
  • The lake is a source of water for the property
  • Septic System
  • Septic Design Available
  • Private Sewer
  • Internet Available

Community Details

  • Community Storage Space

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number LNCN-000002-000000-000014

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,182

Year Built

Built in 1974

Lot Details

0

HOA Fees

$10 per month

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.17
  • Road Frontage Type: Private
  • Road Surface Type: Gravel
  • Water Body Name: Upper Cold Stream
  • Co List Office Mls Id: 3185
  • Co List Office Phone: 207-942-6310
  • MLS Status: Closed
  • Directions: I-95 North take exit 227 toward Lincoln, straight at the light onto Penobscot Valley Ave, left on Enfield Rd, Right on Transalpine Rd, 2.4 miles right on Phinney Farm Rd, 1 mile left on Stanhope Mill Rd, 1.5 miles to property on the left.
  • Above Grade Finished Sq Ft: 2800.0
  • Architectural Style: Gambrel
  • Garage Yn: Yes
  • Year Built: 1974
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.17
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2800.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Amenities:Storage: Yes
  • Location Information:Association Fee: 125.0
  • Location Information:Fee Frequency Paid: Annually
  • Property Information:Garage Spaces: 3.0
  • Roads:Private: Yes
  • Foundation Materials:Slab: Yes
  • Amenities:Laundry - Hookup: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Mud Room:Mud Room: Yes
  • Heat System:Multi-Zones: Yes
  • Bonus Room:Bonus Room: Yes
  • Office:Office: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Property Information:Short Sale Continue to Show: No
  • Basement:Slab2: Yes
  • Heat Fuel:K-1Kerosene: Yes
  • Heat Fuel:Wood2: Yes
  • Location:Rural: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 176.0
  • Water Info:Water Frontage Owned -: 176.0
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Equipment:Internet Access Available: Yes
  • Site:RollingSloping: Yes
  • Family Room:Family Room: Yes
  • Sewer:Septic Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Kitchen Countertop:Formica: Yes
  • Sewer:Septic Design Available: Yes
  • Room Features:Heat Stove29: Yes
  • View:Scenic: Yes
  • Laundry Room:Laundry Room: Yes
  • Style:Gambrel: Yes
  • Electric:Generator Hookup: Yes
  • Den:Den: Yes
  • Recreational Water:Dock: Yes
  • Living Room Amenities:Heat Stove5: Yes
  • Primary Bedroom Amenities:BalconyDeck6: Yes
  • Room Features:BalconyDeck17: 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: Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher
  • Has Basement: Not Applicable
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom, Storage
  • Bedroom 2 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: Second
  • Bedroom 1:Bedroom 1 Level: First
  • Laundry Room Laundry Room Level: First

Exterior Features

  • Lot Features: Level, Open Lot, Rolling Slope, Landscaped, Wooded, Rural
  • View: Scenic
  • Waterfront Features: Lake, Pond
  • Waterfront: Yes
  • Construction Type: Shingle Siding, Wood Frame
  • Foundation Details: Slab
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: 5 - 10 Spaces, Gravel, Garage Door Opener, Inside Entrance

Utilities

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

Condo/Co-op/Association

  • Association Fee: 125.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Junior High Dist: RSU 67

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 50965.2
  • Parcel #: LNCN-000002-000000-000014
  • Zoning: Shoreland

Tax Info

  • Tax Annual Amount: 5181.84
  • Tax Book Number: 5148
  • Tax Lot: 14
  • Tax Map Number: 2
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2020
Closed on
Apr 21, 2021
Sold by
Farrell Gregory M and Farrell Beth E
Bought by
Fair Michael J and Fair Tracey J
Seller's Agent
Brendon Ireland
Realty of Maine
Buyer's Agent
Deborah Henderson
RE/MAX Advantage Realty Group
List Price
$350,000
Sold Price
$325,000
Premium/Discount to List
-$25,000
-7.14%
Current Estimated Value
$550,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,663
Avg. Annual Appreciation
12.89%
Original Mortgage
$260,000
Outstanding Balance
$236,125
Interest Rate
3.1%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$314,538
Source: Public Records

Range of Values:

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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
Fair Michael J -- Liberty Title & Escrow Compa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fair Michael J $260,000
Previous Owner Farrell Gregory M $250,000
Previous Owner Farrell Beth E $275,400
Previous Owner Farrell Gregory M $77,800
Previous Owner Farrell Gregory M $230,000
Previous Owner Farrell Gregory M $200,000
Previous Owner Farrell Gregory M $56,099
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2021 04/21/21 Sold $325,000 -7.1% $116 / Sq Ft
03/07/2021 03/07/21 Pending -- -- --
11/07/2020 11/07/20 For Sale $350,000 -- $125 / 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 $8,366 $406,100 $105,800 $300,300
2023 $7,845 $305,000 $74,000 $231,000
2022 $6,710 $305,000 $74,000 $231,000
2021 $5,704 $305,000 $74,000 $231,000
2020 $5,722 $264,900 $72,400 $192,500
2019 $6,119 $264,900 $72,400 $192,500
2018 $5,186 $224,500 $56,200 $168,300
2017 $5,062 $224,500 $56,200 $168,300
2016 $5,015 $224,500 $56,200 $168,300
2015 $4,984 $224,500 $56,200 $168,300
2014 $5,029 $224,500 $56,200 $168,300
2013 $5,155 $224,500 $56,200 $168,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1475431

Maine Listings

APN: LNCN-000002-000000-000014