S
Seller's Agent in 2023
Shannon Boyington
Maine Real Estate Experts
31 Faraway Dr Bridgton, ME 04009
Estimated Value: $1,644,000 - $2,441,016
6
Beds
4
Baths
3,147
Sq Ft
$656/Sq Ft
Est. Value
Highlights
- 100 Feet of Waterfront
- Deep Water Access
- Deck
- Docks
- Chalet
- Cathedral Ceiling
About This Home
As of May 2023Summer is approaching quickly! Imagine yourself in your new lake home in time to enjoy it for the summer season! This Long Lake home has completely been remodeled so all you have to do is drop your bags and start enjoying the sandy bottom beach. Great for boating, swimming, and paddle boarding. Just 1 mile away from intown with shopping, restaurants, and theatre. Love to ski? Within 15 minutes you can be skiing Shawnee Peak! This Prow Front Chalet sleeps many with 6+ bedrooms (4 BR septic), 4 full baths, open concept, cathedral ceilings, high efficiency wood burning stove that is capable of heating the whole house,a finished walk-out lower level to the beach, with no stairs to get there. Not enough space in the main house? That is covered! The 2 car detached garage offers 2 bedrooms, living room, kitchenette, and full bath. Also, you will never be cold and always warm. This home offers 11 split units! Outside, the home features over 100 feet of frontage on Long Lake complete with a private beach area and beautiful landscaping. Relax on the spacious, oversized deck and take in the gorgeous views. This is the perfect family compound! Permitted for expansion that connects the house to the garage. House to be sold furnished. See list of exclusions.
Last Agent to Sell the Property
Shannon Boyington
Maine Real Estate Experts Brokerage Phone: 207-615-2642 Listed on: 03/31/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,088
Year Built
- Built in 2001
Lot Details
- 0.57 Acre Lot
- 100 Feet of Waterfront
- Lake Front
- Dirt Road
- Rural Setting
- Level Lot
- Property is zoned Shoreland
HOA Fees
- $17 Monthly HOA Fees
Parking
- 2 Car Detached Garage
- Driveway
Property Views
- Water
- Scenic Vista
Home Design
- Chalet
- Contemporary Architecture
- Concrete Foundation
- Wood Frame Construction
- Metal Roof
- Vinyl Siding
- Radon Mitigation System
- Concrete Perimeter Foundation
Interior Spaces
- Furnished
- Cathedral Ceiling
- Skylights
- Gas Fireplace
- Family Room
- Living Room
- Home Office
- Sun or Florida Room
- Finished Basement
- Walk-Out Basement
Kitchen
- Eat-In Kitchen
- Gas Range
- Microwave
- Dishwasher
- Granite Countertops
Flooring
- Wood
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- Main Floor Bedroom
- Primary bedroom located on second floor
- En-Suite Primary Bedroom
- Walk-In Closet
- 4 Full Bathrooms
- Bathtub
Laundry
- Dryer
- Washer
Outdoor Features
- Deep Water Access
- Docks
- Deck
- Enclosed Glass Porch
Utilities
- Cooling Available
- Forced Air Heating System
- Heating System Uses Propane
- Heating System Uses Wood
- Heat Pump System
- Radiant Heating System
- Hot Water Heating System
- Power Generator
- Private Water Source
- Well
- Electric Water Heater
- Septic System
- Private Sewer
Community Details
- Faraway Estates Subdivision
Listing and Financial Details
- Tax Lot 5-5
- Assessor Parcel Number BRGT-000035-000005-000005
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 31, 2023
Closed on
May 19, 2023
Sold by
Michael Benjamin Ret
Bought by
Ridill Heather and Ridill P J
Seller's Agent
Shannon Boyington
Maine Real Estate Experts
Buyer's Agent
Tracy Cox
The Maine Real Estate Experience
List Price
$2,295,000
Sold Price
$2,190,000
Premium/Discount to List
-$105,000
-4.58%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$124,995
Avg. Annual Appreciation
-2.59%
Original Mortgage
$1,642,500
Outstanding Balance
$1,599,465
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$465,540
Purchase Details
Listed on
Aug 3, 2018
Closed on
Nov 15, 2018
Sold by
Strom M C Est
Bought by
Michael Benjamin Ret
Seller's Agent
Jocelyn O'Rourke-Shane
Maine Real Estate Choice
Buyer's Agent
Shannon Boyington
Locations Real Estate Group LLC
List Price
$824,900
Sold Price
$700,000
Premium/Discount to List
-$124,900
-15.14%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.70%
Original Mortgage
$560,000
Interest Rate
4.7%
Mortgage Type
Purchase Money Mortgage
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ridill Heather | $2,190,000 | None Available | |
| Michael Benjamin Ret | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ridill Heather | $1,642,500 | |
| Previous Owner | Michael Benjamin Ret | $405,000 | |
| Previous Owner | Michael Benjamin Ret | $484,350 | |
| Previous Owner | Michael Benjamin Ret | $560,000 | |
| Previous Owner | Strom M C | $265,000 | |
| Previous Owner | Strom M C | $268,000 | |
| Previous Owner | Strom Stanley G | $163,244 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/19/2023 05/19/23 | Sold | $2,190,000 | -4.6% | $696 / Sq Ft |
| 04/09/2023 04/09/23 | Pending | -- | -- | -- |
| 03/31/2023 03/31/23 | For Sale | $2,295,000 | +227.9% | $729 / Sq Ft |
| 11/13/2018 11/13/18 | Sold | $700,000 | -15.1% | $222 / Sq Ft |
| 10/08/2018 10/08/18 | Pending | -- | -- | -- |
| 08/03/2018 08/03/18 | For Sale | $824,900 | -- | $262 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $12,239 | $717,817 | $421,632 | $296,185 |
| 2023 | $12,346 | $717,817 | $421,632 | $296,185 |
| 2022 | $10,088 | $663,656 | $413,632 | $250,024 |
| 2021 | $9,822 | $663,656 | $413,632 | $250,024 |
| 2020 | $9,922 | $663,656 | $413,632 | $250,024 |
| 2019 | $9,687 | $645,803 | $413,632 | $232,171 |
| 2018 | $9,543 | $644,803 | $413,632 | $231,171 |
| 2017 | $9,865 | $644,803 | $413,632 | $231,171 |
| 2016 | -- | $644,803 | $413,632 | $231,171 |
| 2015 | -- | $617,883 | $388,620 | $229,263 |
| 2014 | $8,687 | $617,883 | $388,620 | $229,263 |
Source: Public Records
Agents Affiliated with this Home
-
-
Tracy Cox
Buyer's Agent in 2023
Tracy Cox
The Maine Real Estate Experience
(207) 749-9855
14 in this area
75 Total Sales
-
Jocelyn O'Rourke-Shane
Seller's Agent in 2018
Jocelyn O'Rourke-Shane
Maine Real Estate Choice
(207) 838-5555
21 in this area
245 Total Sales
Map
Source: Maine Listings
MLS Number: 1555151
APN: BRGT-000035-000000-000005-000005
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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