T
Seller's Agent in 2021
Tina Richardson
Keystone Real Estate
(207) 294-1381
1 in this area
8 Total Sales
40 Papoose Island Rd Raymond, ME 04071
Estimated Value: $2,033,000 - $3,753,682
4
Beds
5
Baths
4,600
Sq Ft
$569/Sq Ft
Est. Value
Highlights
- Deeded Waterfront Access Rights
- Docks
- Deck
- 166 Feet of Waterfront
- Colonial Architecture
- Wood Flooring
About This Home
As of September 2021Want to be year-round on Big Sebago? A summer retreat? This newly constructed paradise on the (drive-to) Papoose Island feels like poetry. Enjoy peaceful sounds of this Maine lake w/ 166' of sandy frontage on an extravagant lot. The breathtaking water views from every room thru the new large windows makes for a beautiful escape for you & yours. Flawlessly combined state of the art design elements for a most dramatically unique home. Master craftsmanship into every detail of this newly renovated escape provides quality of life & relaxation at its finest. Enormous chef's kitchen designed by a boutique designer; experience cooking on a French La Cornue range w/ added features such as a 72'' fridge/freezer & custom French hood. Perfect for entertaining your out of town guests with not 1 but 2 Master suites; one upstairs that offers a soaking tub & one on the 1st floor. Expansive decking off main floor master & dining/living rooms gives you the luxury of indoor or outdoor dining festivities all year long; with a one of a kind stunning view off either of the 2 docks. (one to park your boat, the other to bask in the sun) This custom home showcases details to include central heating/cooling, gas fireplaces (living room & master), wide plank hardwood floors throughout, mudroom for wet towels/winter boots, custom tile showers to privately enjoy a rinse. Let the lake start your morning with a coffee in hand & end your day watching the sunset on the new stone retaining wall that was carefully and articulately engineered for over $150K. Best of both worlds; 'feel' of island living with the ease of causeway access. A lifestyle home; brand new from bottom up, makes this a one of a kind gem & rare find. This home marries both practical & functional together exquisitely with a finished daylight basement w/ full bath & direct access to the lake. Turn key property flanked by island privacy & sounds of water out your door make this one an exceptional estate at an exceptional value!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,600
Year Built
- Built in 1985
Lot Details
- 0.47 Acre Lot
- 166 Feet of Waterfront
- Lake Front
- Property fronts a private road
- Dirt Road
- Cul-De-Sac
- Landscaped
- Level Lot
- Property is zoned Shoreland
HOA Fees
- $25 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Automatic Garage Door Opener
- Garage Door Opener
- Driveway
- Off-Street Parking
Property Views
- Water
- Scenic Vista
- Mountain
Home Design
- Colonial Architecture
- Concrete Foundation
- Wood Frame Construction
- Shingle Roof
- Wood Siding
- Radon Mitigation System
- Concrete Perimeter Foundation
Interior Spaces
- 2 Fireplaces
- Low Emissivity Windows
- Mud Room
- Great Room
- Dining Room
Kitchen
- Gas Range
- Microwave
- Dishwasher
- Quartz Countertops
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Main Floor Bedroom
- En-Suite Primary Bedroom
- Walk-In Closet
- 5 Full Bathrooms
- Bathtub
- Shower Only
Laundry
- Laundry Room
- Laundry on upper level
- Washer and Dryer Hookup
Finished Basement
- Walk-Out Basement
- Interior Basement Entry
- Natural lighting in basement
Accessible Home Design
- Halls are 36 inches wide or more
- Doors are 32 inches wide or more
- Level Entry For Accessibility
Eco-Friendly Details
- ENERGY STAR/CFL/LED Lights
Outdoor Features
- Deeded Waterfront Access Rights
- Deep Water Access
- Property Near A Cove
- Docks
- Deck
- Patio
Location
- Property is near shops
- Suburban Location
Utilities
- Variable Speed HVAC
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Gas
- Heat Pump System
- Heating System Mounted To A Wall or Window
- Programmable Thermostat
- Private Water Source
- Well
- High-Efficiency Water Heater
- Septic System
- Septic Design Available
- Private Sewer
- Cable TV Available
Listing and Financial Details
- Tax Lot 22
- Assessor Parcel Number RYMD-000068-000000-000022
Community Details
Overview
- Papoose Island Subdivision
Amenities
- Community Storage Space
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 19, 2021
Closed on
Sep 28, 2021
Sold by
Richardson Tina L
Bought by
Hale Laurence N and Hale Jane C
Seller's Agent
Tina Richardson
Keystone Real Estate
Buyer's Agent
Sandra Wendland
Legacy Properties Sotheby's International Realty
List Price
$2,895,000
Sold Price
$3,500,000
Premium/Discount to List
$605,000
20.9%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$818,872
Avg. Annual Appreciation
-11.99%
Original Mortgage
$1,500,000
Outstanding Balance
$1,382,615
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$752,696
Purchase Details
Listed on
Feb 4, 2020
Closed on
Sep 28, 2020
Sold by
Thomas John M and Thomas Lisa S
Bought by
Richardson Tina L
Seller's Agent
Karen Tufts
Coldwell Banker Team Real Estate
Buyer's Agent
Tina Richardson
F.O. Bailey Real Estate
List Price
$1,250,000
Sold Price
$980,000
Premium/Discount to List
-$270,000
-21.6%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
261.76%
Original Mortgage
$833,000
Interest Rate
3.05%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Jul 4, 2017
Closed on
Aug 21, 2017
Sold by
Martha Ann Thurlow T
Bought by
Thomas Lisa S and Thomas John M
Seller's Agent
Karen Tufts
Coldwell Banker Team Real Estate
Buyer's Agent
Karen Tufts
Coldwell Banker Residential Brokerage
List Price
$899,000
Sold Price
$889,000
Premium/Discount to List
-$10,000
-1.11%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.17%
Original Mortgage
$666,750
Interest Rate
3.96%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 1, 2008
Sold by
Thurlow Martha A
Bought by
Martha Ann Thurlow Mgmt T
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hale Laurence N | -- | None Available | |
| Richardson Tina L | -- | None Available | |
| Thomas Lisa S | -- | -- | |
| Martha Ann Thurlow Mgmt T | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hale Laurence N | $1,500,000 | |
| Previous Owner | Richardson Tina L | $1,380,000 | |
| Previous Owner | Richardson Tina L | $833,000 | |
| Previous Owner | Thomas Lisa S | $666,750 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/28/2021 09/28/21 | Sold | $3,500,000 | +20.9% | $761 / Sq Ft |
| 08/22/2021 08/22/21 | Pending | -- | -- | -- |
| 08/19/2021 08/19/21 | For Sale | $2,895,000 | +195.4% | $629 / Sq Ft |
| 09/30/2020 09/30/20 | Sold | $980,000 | -21.6% | $431 / Sq Ft |
| 08/18/2020 08/18/20 | Pending | -- | -- | -- |
| 02/04/2020 02/04/20 | For Sale | $1,250,000 | +40.6% | $550 / Sq Ft |
| 08/18/2017 08/18/17 | Sold | $889,000 | -1.1% | $391 / Sq Ft |
| 07/10/2017 07/10/17 | Pending | -- | -- | -- |
| 07/04/2017 07/04/17 | For Sale | $899,000 | -- | $395 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $14,532 | $844,900 | $456,500 | $388,400 |
| 2023 | $13,434 | $844,900 | $456,500 | $388,400 |
| 2022 | $12,674 | $844,900 | $456,500 | $388,400 |
| 2021 | $9,016 | $639,400 | $456,500 | $182,900 |
| 2019 | $8,600 | $639,400 | $456,500 | $182,900 |
| 2018 | $2,714 | $639,400 | $456,500 | $182,900 |
| 2017 | $7,865 | $639,400 | $456,500 | $182,900 |
| 2016 | $7,737 | $639,400 | $456,500 | $182,900 |
| 2015 | $7,641 | $639,400 | $456,500 | $182,900 |
| 2014 | $7,545 | $639,400 | $456,500 | $182,900 |
| 2013 | $7,193 | $639,400 | $456,500 | $182,900 |
Source: Public Records
Agents Affiliated with this Home
-
-
S
Buyer's Agent in 2021
Sandra Wendland
Legacy Properties Sotheby's International Realty
(207) 233-7788
4 in this area
135 Total Sales
-
Seller's Agent in 2020
Karen Tufts
Coldwell Banker Team Real Estate
(207) 712-5942
12 in this area
96 Total Sales
-
Seller Co-Listing Agent in 2020
Charles Tufts
Coldwell Banker Team Real Estate
(207) 650-5394
2 in this area
22 Total Sales
Map
Source: Maine Listings
MLS Number: 1505761
APN: RYMD-000068-000000-000022
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