NOT LISTED FOR SALE

361 Bald Mountain Rd Rangeley, ME 04970

Estimated Value: $786,000 - $1,158,739

2.02 Acres
$458,208 Price per Acre
87,991 Sq Ft Lot

Last Sold January 05, 2024

Last sale price $1,000,000

Est. 7% decrease in value since last sale

Current estimated payment $5,595/month

7 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Wooded Lot
  • Lot Has A Rolling Slope
  • 200 Feet of Waterfront
  • No HOA

About This Lot

As of January 2024

Located in the heart of the Rangeley Lakes Region, 361 Bald Mountain Road is a lakeside parcel offering 2± acres with 200'± of frontage on Mooselookmeguntic Lake set in the village of Oquossoc and only 8 miles from downtown Rangeley. Save for a few rare offerings in the region, this land offers incomparable, unimpeded views west, north and south of undeveloped, perpetually protected wilderness.
Mooselookmeguntic is a spring fed sandy bottomed, clear, clean body of water approximately 16,359 acres in size and 132'± at its deepest point. The lake offers world class fishing and has been a destination of sportsmen for generations. The nationally recognized Oquossoc Angling Club is located just a short distance from the property. A newly improved Airport servicing private planes is only 12 miles from the camp.
Rand McNally describes the Rangeley Lakes Region as ''one
of America's few remaining vacation spots where one can truly
escape most of the disadvantages of civilization.''

Last Agent to Sell the Property

John Scribner

LandVest, Inc. Listed on: 11/03/2023

Last Buyer's Agent

Carolyn Smith

Morton & Furbish Agency

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,107

Lot Details

  • 2.02 Acre Lot
  • 200 Feet of Waterfront
  • Lake Front
  • Rural Setting
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Property is zoned Shoreland

Parking

  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista
  • Mountain

Utilities

  • Natural Gas Not Available
  • Water Not Available
  • Septic System

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number RANG-000021-000000-000017

Community Details

Overview

  • No Home Owners Association

Recreation

  • Deeded Waterfront Access Rights

Property Details

Property Type

Land

Est. Annual Taxes

$5,107

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 2.02
  • Water Body Name: Mooselookmeguntic
  • MLS Status: Closed
  • Property Information:Seasonal: Unknown
  • Property Information:Lot Size Acres -: 2.02
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Gas:No Gas: Yes
  • Location:Rural: Yes
  • Water Info:Waterfront Amount -: 200.0
  • Water Info:Water Frontage Owned -: 200.0
  • Recreational Water:Deeded: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Site:RollingSloping: Yes
  • Sewer:Septic Existing on Site: Yes
  • View:Scenic: Yes
  • Property Information:Mobile Homes Allowed: No
  • View:Mountain(s): Yes
  • Water:None5: Yes
  • Utility Info Electric On Site: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Rolling Slope, Wooded, Near Shopping, Rural
  • View: Mountain(s), Scenic
  • Waterfront Features: Lake
  • Waterfront: Yes

Garage/Parking

  • Parking Features: 5 - 10 Spaces, Gravel

Utilities

  • Electric: On Site
  • Sewer: Septic Existing on Site
  • Water Source: None

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 87991.2
  • Parcel #: RANG-000021-000000-000017
  • Zoning: Shoreland

Tax Info

  • Tax Annual Amount: 5107.0
  • Tax Book Number: 2420
  • Tax Lot: 17
  • Tax Map Number: 21
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2023
Closed on
Dec 28, 2023
Sold by
Mclaughlin Charles H
Bought by
Craffey Daniel and Craffey Elizabeth A
Seller's Agent
John Scribner
LandVest, Inc.
Buyer's Agent
Carolyn Smith
Morton & Furbish Agency
List Price
$1,250,000
Sold Price
$1,000,000
Premium/Discount to List
-$250,000
-20%
Current Estimated Value
$925,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$74,420
Avg. Annual Appreciation
-10.65%
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Craffey Daniel $1,000,000 None Available
Craffey Daniel $1,000,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mclaughlin Charles H $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2024 01/05/24 Sold $1,000,000 -20.0% --
11/10/2023 11/10/23 Pending -- -- --
11/03/2023 11/03/23 For Sale $1,250,000 -- --
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 $5,792 $473,600 $435,600 $38,000
2023 $5,792 $473,600 $435,600 $38,000
2022 $5,107 $339,100 $311,100 $28,000
2021 $5,029 $339,100 $311,100 $28,000
2020 $1,979 $339,100 $311,100 $28,000
2019 $4,730 $339,100 $311,100 $28,000
2018 $4,578 $339,100 $311,100 $28,000
2017 $4,822 $380,600 $349,100 $31,500
2016 $4,537 $380,600 $349,100 $31,500
2015 $4,358 $380,600 $349,100 $31,500
2014 $4,469 $386,900 $349,100 $37,800
2013 $4,527 $386,900 $349,100 $37,800
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    John Scribner

    LandVest, Inc.

    (207) 874-2057

    57 Total Sales

    Section Image
  • Carolyn Smith

    Buyer's Agent in 2024

    Carolyn Smith

    Morton & Furbish Agency

    (207) 491-5800

    167 Total Sales

    Section Image
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Map

Source: Maine Listings

MLS Number: 1576645

Maine Listings

APN: RANG-000021-000000-000017

Maine Franklin County Rangeley 04970

361 Bald Mountain Rd, Rangeley, ME

This home is located at 361 Bald Mountain Rd, Rangeley, ME 04970 since 03 November 2023 and is currently estimated at $925,580. 361 Bald Mountain Rd is a home located in Franklin County with nearby schools including Rangeley Lakes Regional School.

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