$380,000
SOLD SEP 26, 2024

3504 Main St Rangeley, ME 04970

2 Beds
1 Bath
510 Sq Ft
0.31 Acres

Recently Sold

$745 Per Sq Ft

2% Below List Price

101 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Country Club
  • Main Floor Bedroom
  • Docks
  • Wood Flooring
  • Loft

About This Home

As of September 2024

RANGELEY LAKE - Well-kept 4 season cottage with private dock on Hunter Cove! Wood floors, pine walls and a new composite board walk and dock. Enjoy the wildlife and tranquility that Hunter Cove provides with most of the cove being owned by Rangeley Lakes Heritage Trust. Excellent kayak and canoe area, drive your boat under the bridge to the main part of the lake and snowmobile from your doorstep! Turnkey camp with great year-round rental history. Don't miss out on this one, call today!

Last Agent to Sell the Property

Campbell Rowe

Morton & Furbish Agency Listed on: 06/16/2024

Co-Listed By

James Eastlack

Morton & Furbish Agency

Last Buyer's Agent

Shawn Russell Mr

Morton & Furbish Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,030

Year Built

  • Built in 1940

Lot Details

  • 0.31 Acre Lot
  • 50 Feet of Waterfront
  • Lake Front
  • Level Lot
  • Open Lot
  • Property is zoned Shoreland

Parking

  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Cottage
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Metal Roof
  • Log Siding

Interior Spaces

  • 510 Sq Ft Home
  • Living Room
  • Loft
  • Wood Flooring

Kitchen

  • Cooktop
  • Microwave
  • Butcher Block Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Docks
  • Shed

Location

  • Property is near a golf course

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Mounted To A Wall or Window
  • Well
  • Electric Water Heater
  • Private Sewer

Listing and Financial Details

  • Tax Lot 012
  • Assessor Parcel Number 3504MainStreetRangeley04970

Community Details

Overview

  • No Home Owners Association

Recreation

  • Country Club

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,030

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.31
  • Water Body Name: Rangeley Lake
  • Co List Office Mls Id: 1784
  • Co List Office Phone: 207-864-5777
  • MLS Status: Closed
  • Directions: Route 4 towards Oquossoc, just past Dodge Pond Road on the left. Look for sign.
  • Above Grade Finished Sq Ft: 510.0
  • Architectural Style: Cottage
  • Garage Yn: No
  • Year Built: 1940
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.31
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 510.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Appliances Included:Microwave: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Water Heater:Electric2: Yes
  • Roof:Metal: Yes
  • Living Room:Living Room: Yes
  • Foundation Materials:PillarPostPier: Yes
  • Appliances Included:Cooktop: Yes
  • Sewer:Private Sewer: Yes
  • Water Info:Waterfront Amount -: 50.0
  • Water Info:Water Frontage Owned -: 50.0
  • Style:Cottage: Yes
  • Driveway:Gravel: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Water:Well Existing on Site: Yes
  • View:Scenic: Yes
  • Location:Near Country Club: Yes
  • Heat System:Direct Vent Heater: Yes
  • Kitchen Countertop:Solid Surface: Yes
  • Recreational Water:Dock: Yes
  • Loft:Loft: Yes
  • Kitchen Countertop:Butcher Block: Yes
  • Other Structures:Shed: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Microwave, Cooktop
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Level, Open Lot, Near Golf Course
  • View: Scenic
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Log Siding, Wood Frame
  • Foundation Details: Pillar/Post/Pier
  • Other Structures: Shed(s)
  • Roof: Metal
  • Exterior:Log Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Gravel

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 13503.6
  • Parcel #: 3504MainStreetRangeley04970
  • Zoning: Shoreland

Tax Info

  • Tax Annual Amount: 1030.0
  • Tax Book Number: 4426
  • Tax Lot: 012
  • Tax Map Number: 007
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2024
Closed on
Sep 26, 2024
Sold by
Madden Throop Ft and Throop
Bought by
Borelli Timothy and Borelli Suzanne
Seller's Agent
Campbell Rowe
Morton & Furbish Agency
Buyer's Agent
Shawn Russell Mr
Morton & Furbish Agency
List Price
$389,000
Sold Price
$380,000
Premium/Discount to List
-$9,000
-2.31%
Views
184
Current Estimated Value
$399,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,999
Avg. Annual Appreciation
3.43%
Original Mortgage
$292,800
Outstanding Balance
$290,638
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$102,132
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Deed $380,000 None Available
Deed $380,000 None Available
Deed $380,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $292,800 Purchase Money Mortgage
Closed $292,800 Purchase Money Mortgage
Previous Owner $136,000 New Conventional
Previous Owner $50,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2024 09/26/24 Sold $380,000 -2.3% $745 / Sq Ft
09/26/2024 09/26/24 Pending -- -- --
06/16/2024 06/16/24 For Sale $389,000 +128.8% $763 / Sq Ft
11/01/2017 11/01/17 Sold $170,000 -10.1% $333 / Sq Ft
08/08/2017 08/08/17 Pending -- -- --
06/28/2017 06/28/17 For Sale $189,000 +225.9% $371 / Sq Ft
09/26/2014 09/26/14 Sold $58,000 -27.4% $114 / Sq Ft
08/29/2014 08/29/14 Pending -- -- --
05/12/2014 05/12/14 For Sale $79,900 -- $157 / 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 $1,030 $84,200 $42,900 $41,300
2023 $1,030 $84,200 $42,900 $41,300
2022 $911 $60,500 $30,600 $29,900
2021 $897 $60,500 $30,600 $29,900
2020 $837 $60,500 $30,600 $29,900
2019 $844 $60,500 $30,600 $29,900
2018 $817 $60,500 $30,600 $29,900
2017 $767 $60,500 $30,600 $29,900
2016 $721 $60,500 $30,600 $29,900
2015 $693 $60,500 $30,600 $29,900
2014 $699 $60,500 $30,600 $29,900
2013 $708 $60,500 $30,600 $29,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1593565

Maine Listings

APN: RANG-000007-000000-000012