$499,900
SOLD DEC 12, 2024

360 Leisure Ln Limerick, ME 04048

3 Beds
2.5 Baths
1,728 Sq Ft
1.69 Acres

Recently Sold

$289 Per Sq Ft

2% Below List Price

34 Days on Market

Highlights

  • 999 Feet of Waterfront
  • Public Beach
  • Colonial Architecture
  • Beach Access
  • Scenic Views
  • Deck

About This Home

As of December 2024

LOCATION LOCATION LOCATION! THIS is the home you have been waiting for all summer, welcome to the Lake Arrowhead Community! 3 beds, 2.5 baths on almost 2 acres. This open concept home comes with a 2 car attached garage along with a modern and luxurious finish inside the dwelling, not to mention the full unfinished basement that could be converted into additional bedrooms or office space. With access to over half a dozen beaches in the entire association, you still get the convenience of waterfront living for a fraction of the cost! Just 25 minutes to Sebago, less than 1 hour from Portland and only 2 hours to Boston, this home is priced to sell and won't last long, come take a look before it is gone!

Last Agent to Sell the Property

Alonzo Michaud

Real Broker Listed on: 10/01/2024

Real Broker

Last Buyer's Agent

Erin Haber

Town & Shore Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,202

Year Built

  • Built in 2022

Lot Details

  • 1.69 Acre Lot
  • 999 Feet of Waterfront
  • Dirt Road
  • Public Beach
  • Landscaped
  • Open Lot
  • Wooded Lot

HOA Fees

  • $101 Monthly HOA Fees

Parking

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

Property Views

  • Scenic Vista
  • Woods

Home Design

  • Colonial Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,728 Sq Ft Home
  • Ceiling Fan
  • Double Pane Windows
  • Living Room
  • Dining Room
  • Laundry on upper level

Kitchen

  • Cooktop
  • Dishwasher
  • Quartz Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Bathtub

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Beach Access
  • Nearby Water Access
  • Deck

Utilities

  • Cooling Available
  • Zoned Heating
  • Heating System Uses Propane
  • Baseboard Heating
  • Hot Water Heating System
  • Tankless Water Heater
  • Hot Water Circulator
  • Water Heated On Demand
  • Septic System
  • Private Sewer

Listing and Financial Details

  • Tax Lot 160-161
  • Assessor Parcel Number 360LeisureLaneLimerick04048

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,202

Year Built

Built in 2022

Lot Details

0

HOA Fees

$101 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.69
  • Road Surface Type: Gravel, Dirt
  • Water Body Name: Lake Arrowhead
  • MLS Status: Closed
  • Directions: GPS compatable. Old Country Way to Nob Hill Rd, bear left on Leisure Lane. House is on the left. Sign on property.
  • Above Grade Finished Sq Ft: 1728.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Efficiency: Water Heater, Recirculating Hot Water
  • Year Built: 2022
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 289.29
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.69
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 1728.0
  • Property Information:Garage: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Seasonal
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Heat Fuel:Propane: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:On Demand: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Location Information:Association Fee: 1210.0
  • Location Information:Fee Frequency Paid: Annually
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Basement:Unfinished: Yes
  • Water Heater:Tankless: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Heat System:Multi-Zones: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Style:Colonial: Yes
  • Appliances Included:Cooktop: Yes
  • Sewer:Private Sewer: Yes
  • Recreational Water:Nearby: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 999.0
  • Water Info:Water Frontage Shared -: 999.0
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Sewer:Septic Existing on Site: Yes
  • Energy Efficiency:Ceiling Fans: Yes
  • View:Scenic: Yes
  • Energy Efficiency:Tankless Water Heater: Yes
  • Kitchen Countertop:Quartz: Yes
  • Recreational Water:Beach Rights: Yes
  • Energy Efficiency:High Efficiency Water Heater: Yes
  • Energy Efficiency:Recirculating Hot Water: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Advertising Remarks:Advertising Remarks: LOCATION LOCATION LOCATION! THIS is the home you have been waiting for all summer, welcome to the Lake Arrowhead Community! This 3 bed 2.5 bath home on the outskirts of Limerick checks off most all of the boxes any homebuyer is looking for. With almost 2 acres of land, a well maintained yard, and designated garden space, you can be sure to maintain your outdoor hobbies and enjoy this quiet location. This home boasts a large kitchen and living room, generous bedroom space, and a sizeable unfinished basement for all of your storage needs, with the opportunity to add an office or more bedrooms with the current presence of it's egress windows! One of the most valuable aspects this home promotes is the luxury of waterfront living. With over half a dozen beaches in the entire association, you still get the convenience of waterfront life for a fraction of the cost! This home is priced to sell and won't last long, come take a look before it is gone!
  • Roads:Dirt: Yes
  • Special Features: None

Interior Features

  • Appliances: Tankless Water Heater, Refrigerator, Dishwasher, Cooktop
  • Has Basement: Interior, Full, Bulkhead, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Bathtub, Pantry, Primary Bedroom w/Bath
  • Window Features: Double Pane Windows
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Well Landscaped, Open, Wooded, Near Public Beach, Near Shopping, Near Town
  • View: Scenic, Trees/Woods
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Wood Frame
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes
  • Window Features:Double Pane Windows: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Auto Door Opener, 1 - 4 Spaces, Gravel, Inside Entrance

Utilities

  • Laundry Features: Upper Level
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Zoned, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Tank, Private Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1210.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 73616.4
  • Parcel #: 360LeisureLaneLimerick04048
  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 4202.43
  • Tax Lot: 160-161
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2024
Closed on
Dec 12, 2024
Sold by
Shirley Amanda D and Shirley Alfred M
Bought by
Jacques Zachary D
Seller's Agent
Alonzo Michaud
Real Broker
Buyer's Agent
Erin Haber
Town & Shore Real Estate
List Price
$509,900
Sold Price
$499,900
Premium/Discount to List
-$10,000
-1.96%
Views
22
Current Estimated Value
$512,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,168
Avg. Annual Appreciation
2.51%
Original Mortgage
$474,925
Outstanding Balance
$470,272
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$41,796

Purchase Details

Listed on
Jul 6, 2022
Closed on
Aug 26, 2022
Sold by
Gervais Homes Llc
Bought by
Shirley Amanda D and Shirley Alfred M
Seller's Agent
Amanda Gervais
RE/MAX Coastal
Buyer's Agent
Cash Wiseman
Coldwell Banker Realty
List Price
$425,000
Sold Price
$425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.35%
Original Mortgage
$417,302
Interest Rate
5.51%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Warranty Deed $499,000 None Available
Warranty Deed $499,000 None Available
Warranty Deed $425,000 None Available
Warranty Deed $425,000 None Available
Warranty Deed $425,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $474,925 Purchase Money Mortgage
Closed $474,925 Purchase Money Mortgage
Previous Owner $417,302 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/12/2024 12/12/24 Sold $499,900 0.0% $289 / Sq Ft
11/04/2024 11/04/24 Pending -- -- --
10/10/2024 10/10/24 Price Changed $499,900 -2.0% $289 / Sq Ft
10/01/2024 10/01/24 For Sale $509,900 +20.0% $295 / Sq Ft
08/29/2022 08/29/22 Sold $425,000 0.0% $246 / Sq Ft View Prior Sale
07/18/2022 07/18/22 Pending -- -- --
07/06/2022 07/06/22 For Sale $425,000 -- $246 / 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
2025 $4,202 $442,361 $87,898 $354,463
2024 $4,202 $442,361 $87,898 $354,463
2023 $4,226 $278,008 $35,950 $242,058
2022 $3,462 $243,775 $35,950 $207,825
2021 $212 $12,760 $12,760 $0
2020 $209 $12,760 $12,760 $0
2019 $201 $12,760 $12,760 $0
2018 $206 $12,760 $12,760 $0
2017 $175 $11,080 $11,080 $0
2016 $167 $11,080 $11,080 $0
2015 $162 $11,080 $11,080 $0
2014 $157 $11,080 $11,080 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1605558

Maine Listings

APN: LIME-000042-000000-000161