NOT LISTED FOR SALE

358 Memorial Dr Winthrop, ME 04364

Estimated Value: $1,100,000 - $1,107,323

5 Beds
3 Baths
3,640 Sq Ft
$303/Sq Ft Est. Value

Last Sold July 22, 2024

Last sale price $1,522,750 $418 Per Sq Ft

Est. 27% decrease in value since last sale

Current estimated payment $6,632/month

29 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 205 Feet of Waterfront
  • Public Beach
  • Winthrop Middle School Rated A-
  • Docks
  • 2.46 Acre Lot

About This Home

As of July 2024

Experience the best of Maine lakefront living with sunset views and over 200 feet of sandy beach shoreline on the highly sought-after Maranacook Lake. Nestled along Memorial Drive, a quiet but publicly maintained road, you will find the main home just steps away from the water with views from all bedrooms. The home is perfect for entertaining and enjoying time together with open living spaces and a large family room stacked with a mini kitchen and wet bar right off the back deck. The home has been meticulously maintained and updated with new siding, windows, a metal roof, multiple mini-splits and more over the past three years.

The property also includes a newly built guest house and oversized 3-car garage with a boat port right across the street on 2.5 acres. Inside the heated garage you'll find a temperature-controlled wine cellar, workshop, half bath, and multiple storage rooms and closets. The living space above is perfect for guests or could easily be rented featuring two bedrooms and an open living area with water views. Both homes have their electric bills paid in full each month by the newly installed solar panel system and are on public water and sewer.

Located about an hour from Portland and less than three hours from Boston it is an easy place to call home year-round or visit during your favorite seasons. Maranacook Lake is quiet yet vibrant, with the loons calling at night and free concerts on summer weekends. It is over 20 miles long with a max depth of 128 feet. Downtown Winthrop has all the essentials and features locally owned unique shops and restaurants.

Last Agent to Sell the Property

Jessica Paladino

RE/MAX Shoreline Listed on: 06/05/2024

RE/MAX Shoreline

Co-Listed By

Joann Paladino

RE/MAX Shoreline

Last Buyer's Agent

Nancy Carleton

Vitalius Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,187

Year Built

  • Built in 1974

Lot Details

  • 2.46 Acre Lot
  • 205 Feet of Waterfront
  • Lake Front
  • Public Beach
  • Landscaped
  • Lot Has A Rolling Slope
  • Property is zoned Shoreland

Parking

  • 5 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Heated Garage
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Property Views

  • Water
  • Scenic Vista
  • Woods

Home Design

  • Raised Ranch Architecture
  • Ranch Style House
  • Concrete Foundation
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Built-In Features
  • Ceiling Fan
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Stove
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • In-Law or Guest Suite
  • 3 Full Bathrooms
  • Bathtub
  • Shower Only

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Crawl Space
  • Natural lighting in basement

Eco-Friendly Details

  • Solar owned by seller
  • Solar Heating System

Outdoor Features

  • Deeded Waterfront Access Rights
  • Beach Access
  • Docks
  • Deck
  • Shed
  • Outbuilding

Utilities

  • Cooling Available
  • Zoned Heating
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Heat Pump System
  • Baseboard Heating
  • Hot Water Heating System
  • Internet Available

Listing and Financial Details

  • Property held in a trust
  • Tax Lot 5A and 21A
  • Assessor Parcel Number WINP-000043-000005-A000000

Community Details

Overview

  • No Home Owners Association

Amenities

  • Clubhouse
  • Community Storage Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,187

Year Built

Built in 1974

Lot Details

0

Parking

5

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.46
  • Road Surface Type: Paved
  • Water Body Name: Maranacook Lake
  • Co List Office Phone: 207-553-7500
  • MLS Status: Closed
  • Directions: GPS Friendly. If coming from the south, follow Rt. 202 to 133-N. Follow onto Western Ave then take a right on to Main Street. From Main Street in downtown Winthrop take a left on to Bowdoin and follow to Memorial Drive. Main home is on the left.
  • Above Grade Finished Sq Ft: 2100.0
  • Architectural Style: Raised Ranch, Ranch
  • Garage Yn: Yes
  • Efficiency: Other/See Internal Remarks
  • Year Built: 1974
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Contract Information:List PriceSqFt: 809.52
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 2.46
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2100.0
  • Property Information:SqFt Finished Below Grade: 1540.0
  • Property Information:Garage: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Basement:Daylight: Yes
  • Percent Basement Finished: Yes
  • Basement:Walkout Access: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Heat Fuel:Propane: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Security System: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 5.0
  • Exterior:Vinyl Siding: Yes
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Cooling:Heat Pump3: Yes
  • Kitchen Countertop:Granite: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Vehicle Storage:Detached: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Roof:Metal: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Amenities:Walk-in Closets: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Kitchen Amenities:Island: Yes
  • Living Room:Living Room: Yes
  • Room Features:Eat-in Kitchen2: Yes
  • Room Features:Island2: Yes
  • Style:Ranch: Yes
  • Heat System:Multi-Zones: Yes
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Office:Office: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Cooktop: Yes
  • Appliances Included:Wall Oven: Yes
  • Parking:Paved3: Yes
  • Property Information:Short Sale Continue to Show: No
  • Water Info:Waterfront Amount -: 205.0
  • Water Info:Water Frontage Owned -: 205.0
  • Recreational Water:Deeded: Yes
  • View:TreesWoods: Yes
  • Equipment:Internet Access Available: Yes
  • Site:RollingSloping: Yes
  • Family Room:Family Room: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Energy Efficiency:Ceiling Fans: Yes
  • Vehicle Storage:Storage Above: Yes
  • Room Features:Heat Stove29: Yes
  • View:Scenic: Yes
  • Room Features:Built-Ins30: Yes
  • Amenities:In-Law Apartment: Yes
  • Vehicle Storage:Heated: Yes
  • Recreational Water:Dock: Yes
  • Recreational Water:Beach Rights: Yes
  • Living Room Amenities:Gas Fireplace5: Yes
  • Room Features:Gas Fireplace29: Yes
  • Living Room Amenities:Built-Ins14: Yes
  • Style:Raised Ranch: Yes
  • Heat Fuel:Solar: Yes
  • Electric:Photovoltaics Seller Owned: Yes
  • Family Room Amenities:Heat Stove9: Yes
  • Other Structures:Shed: Yes
  • Other Structures:Out Building: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Listing Conditions Trust: Yes
  • Advertising Remarks:Advertising Remarks: Experience the best of Maine lakefront living with sunset views and over 200 feet of sandy beach shoreline on the highly sought-after Maranacook Lake. Nestled along Memorial Drive, a quiet but publicly maintained road, you will find the main home just steps away from the water with views from all bedrooms. The home is perfect for entertaining and enjoying time together with open living spaces and a large family room stacked with a mini kitchen and wet bar right off the back deck. The home has been meticulously maintained and updated with new siding, windows, a metal roof, multiple mini-splits and more over the past three years. The property also includes a newly built guest house and oversized 3-car garage with a boat port right across the street on 2.5 acres. Inside the heated garage you'll find a temperature-controlled wine cellar, workshop, half bath, and multiple storage rooms and closets. The living space above is perfect for guests or could easily be rented featuring two bedrooms and an open living area with water views. Both homes have their electric bills paid in full each month by the newly installed solar panel system and are on public water and sewer. Located about an hour from Portland and less than three hours from Boston it is an easy place to call home year-round or visit during your favorite seasons. Maranacook Lake is quiet yet vibrant, with the loons calling at night and free concerts on summer weekends. It is over 20 miles long with a max depth of 128 feet. Downtown Winthrop has all the essentials and features locally owned unique shops and restaurants.
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Wall Oven, Refrigerator, Microwave, Dryer, Disposal, Dishwasher, Cooktop
  • Has Basement: Walk-Out Access, Crawl Space, Daylight, Finished, Full
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1540.0
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Walk-in Closets, Bathtub, In-Law Floorplan, Shower, Storage
  • Full Basement: Yes
  • Bedroom 3 Level: Basement
  • 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: Second

Exterior Features

  • Lot Features: Rolling Slope, Landscaped, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood
  • View: Scenic, Trees/Woods
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding, Shed(s)
  • Patio And Porch Features: Deck
  • Roof: Metal
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 5.0
  • Parking Features: 11 - 20 Spaces, Paved, On Site, Garage Door Opener, Detached, Inside Entrance, Heated Garage, Off Street, Storage

Utilities

  • Laundry Features: Upper Level
  • Security: Security System
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Stove, Multi-Zones, Hot Water, Heat Pump, Baseboard
  • Heating Yn: Yes
  • Electric: Photovoltaics Seller Owned, Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse
  • Association: No
  • Pets Allowed: No Restrictions

Association/Amenities

  • Association Amenities:Club House: Yes

Schools

  • Junior High Dist: Winthrop Public Schools

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 107157.6
  • Parcel #: WINP-000043-000005-A000000
  • Zoning: Shoreland

Tax Info

  • Tax Annual Amount: 9187.0
  • Tax Lot: 5A and 21A
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2016
Closed on
Apr 5, 2018
Sold by
Cookson 2Nd Kerry L and Querner Sharra L
Bought by
Clements Karen F and Wright Peter J
Seller's Agent
Lori Dube
Sprague & Curtis Real Estate
Buyer's Agent
Polly Cockrill
Coldwell Banker Realty
List Price
$589,000
Sold Price
$523,900
Premium/Discount to List
-$65,100
-11.05%
Current Estimated Value
$1,116,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$592,348
Avg. Annual Appreciation
9.98%
Original Mortgage
$419,120
Outstanding Balance
$360,101
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$743,673

Purchase Details

Listed on
May 18, 2013
Closed on
Sep 13, 2013
Sold by
Winberg Ernest L and Winberg Julie C
Bought by
Cookson Sharra L and Cookson 2Nd Kerry L
Seller's Agent
Kathy Cook
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Perry McCourtney
Sprague & Curtis Real Estate
List Price
$525,900
Sold Price
$495,000
Premium/Discount to List
-$30,900
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.25%
Original Mortgage
$396,000
Interest Rate
4.43%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Clements Karen F -- --
Cookson Sharra L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clements Karen F $419,120
Previous Owner Cookson Sharra L $396,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/22/2024 07/22/24 Sold $1,522,750 -10.4% $418 / Sq Ft
07/05/2024 07/05/24 Pending -- -- --
07/01/2024 07/01/24 Price Changed $1,700,000 -5.6% $467 / Sq Ft
06/05/2024 06/05/24 For Sale $1,800,000 +243.6% $495 / Sq Ft
03/30/2018 03/30/18 Sold $523,900 -11.1% $170 / Sq Ft View Prior Sale
02/28/2018 02/28/18 Pending -- -- --
11/14/2016 11/14/16 For Sale $589,000 +19.0% $191 / Sq Ft
09/12/2013 09/12/13 Sold $495,000 -5.9% $161 / Sq Ft View Prior Sale
07/16/2013 07/16/13 Pending -- -- --
05/20/2013 05/20/13 For Sale $525,900 +1658.9% $171 / Sq Ft
06/01/2012 06/01/12 Sold $29,900 -14.3% $19 / Sq Ft View Prior Sale
05/05/2012 05/05/12 Pending -- -- --
04/03/2012 04/03/12 For Sale $34,900 -- $23 / Sq Ft
Source: Maine Listings

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 $9,942 $430,400 $240,300 $190,100
2022 $9,187 $422,000 $240,300 $181,700
2021 $8,672 $422,000 $240,300 $181,700
2020 $8,714 $422,000 $240,300 $181,700
2019 $8,546 $422,000 $240,300 $181,700
2018 $7,727 $422,000 $240,300 $181,700
2017 $7,229 $422,000 $240,300 $181,700
2016 $6,684 $422,000 $240,300 $181,700
2015 $6,448 $422,000 $240,300 $181,700
2014 $6,448 $422,000 $240,300 $181,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1592181

Maine Listings

APN: WINP-000043-000005-A000000