NOT LISTED FOR SALE

31 Shepards Island Rd Newfield, ME 04056

Newfield Neighborhood

Estimated Value: $442,000 - $496,000

2 Beds
1 Bath
680 Sq Ft
$685/Sq Ft Est. Value

Last Sold January 31, 2023

Last sale price $379,000 $557 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,903/month

241 Days on Market

Highlights

  • 124 Feet of Waterfront
  • Deck
  • Wood Flooring
  • Docks
  • Ranch Style House
  • Bathtub

About This Home

As of January 2023

Year round home with level lot and 124 feet of frontage on Balch Lake. 2 bedrooms with sun room for additional sleeping space. Nice deck facing water to enjoy all 4 seasons on the lake.

Last Agent to Sell the Property

Thomas Ferent

Mr. Lakefront Inc. Listed on: 12/22/2022

Co-Listed By

Teresa Dyer

Mr. Lakefront Inc.

Last Buyer's Agent

AmyBeth Brochu-Krikken

Rockstar Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,738

Year Built

  • Built in 1948

Lot Details

  • 7,841 Sq Ft Lot
  • 124 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Level Lot
  • Property is zoned shoreland

HOA Fees

  • $21 Monthly HOA Fees

Property Views

  • Water
  • Scenic Vista

Home Design

  • Ranch Style House
  • Cottage
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 680 Sq Ft Home
  • Living Room

Kitchen

  • Electric Range
  • Stove
  • Microwave

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub

Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • Gravel Driveway
  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Docks
  • Deck

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Private Water Source
  • The lake is a source of water for the property
  • Electric Water Heater
  • Septic System
  • Private Sewer

Listing and Financial Details

  • Tax Lot 000035
  • Assessor Parcel Number NEWF-000063-000000-000035

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,738

Year Built

Built in 1948

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.18
  • Road Frontage Type: Private
  • Water Body Name: Balch
  • Co List Office Mls Id: 2704
  • Co List Office Phone: 207-655-8787
  • MLS Status: Closed
  • Directions: From Route 110 in Newfield Maine, take Libby Road south to Sanborn Road on right. Take Sanborn Road to left on Russell Road, left on White House Road to right onto Shepard's Island Road to #31 on right.
  • Above Grade Finished Sq Ft: 680.0
  • Architectural Style: Cottage, Ranch
  • Garage Yn: No
  • Year Built: 1948
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 0.18
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 680.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Location Information:Association Fee: 250.0
  • Location Information:Fee Frequency Paid: Annually
  • Roads:Private: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Amenities:One-Floor Living: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Style:Ranch: Yes
  • Parking:On Site2: Yes
  • Amenities:Bathtub: Yes
  • Basement:Crawl Space: Yes
  • Sewer:Private Sewer: Yes
  • Heat Fuel:Wood2: Yes
  • Water Info:Waterfront Amount -: 124.0
  • Water Info:Water Frontage Owned -: 124.0
  • Style:Cottage: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Sewer:Septic Existing on Site: Yes
  • View:Scenic: Yes
  • Recreational Water:Dock: Yes
  • Basement Entry:Exterior Only: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator, Microwave, Electric Range
  • Has Basement: Crawl Space, Exterior Only
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom, Bathtub, One-Floor Living
  • Bedroom 2 Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First

Exterior Features

  • Lot Features: Level, Neighborhood
  • View: Scenic
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove, Other, Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Water Source: Private, Lake Drawn

Condo/Co-op/Association

  • Association Fee: 250.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7840.8
  • Parcel #: NEWF-000063-000000-000035
  • Zoning: shoreland

Tax Info

  • Tax Annual Amount: 2738.0
  • Tax Book Number: 17676
  • Tax Lot: 000035
  • Tax Map Number: 000063
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2022
Closed on
Feb 7, 2023
Sold by
Wigsten Karen R
Bought by
Manning Julie A
Seller's Agent
Thomas Ferent
Mr. Lakefront Inc.
Buyer's Agent
AmyBeth Brochu-Krikken
Rockstar Real Estate
List Price
$571,900
Sold Price
$379,000
Premium/Discount to List
-$192,900
-33.73%
Current Estimated Value
$465,964

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,964
Avg. Annual Appreciation
10.39%
Original Mortgage
$303,200
Outstanding Balance
$295,241
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$185,659

Purchase Details

Closed on
Mar 14, 2018
Sold by
Frances C Spence Ret and Wigsten
Bought by
Wigsten Karen R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,200
Interest Rate
4.22%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Manning Julie A $379,000 None Available
Wigsten Karen R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Manning Julie A $303,200
Previous Owner Wigsten Karen $10,000
Previous Owner Wigsten Karen R $185,200
Previous Owner Spence Frances C $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2023 01/31/23 Sold $379,000 -33.7% $557 / Sq Ft
05/12/2022 05/12/22 For Sale $571,900 -- $841 / 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 $3,548 $300,700 $231,600 $69,100
2023 $3,284 $300,700 $231,600 $69,100
2022 $2,935 $300,700 $231,600 $69,100
2021 $2,738 $240,600 $185,300 $55,300
2020 $799 $240,600 $185,300 $55,300
2019 $19 $240,600 $185,300 $55,300
2018 $2,632 $240,600 $185,300 $55,300
2017 $1,534 $240,600 $185,300 $55,300
2016 $2,529 $240,600 $185,300 $55,300
2015 $2,343 $240,600 $185,300 $55,300
2014 $2,596 $279,100 $222,400 $56,700
2013 $2,512 $279,100 $222,400 $56,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1528086

Maine Listings

APN: NEWF-000063-000000-000035