$889,000
SOLD AUG 18, 2017

40 Papoose Island Rd Raymond, ME 04071

3 Beds
2 Baths
2,274 Sq Ft
0.47 Acres

Recently Sold

$391 Per Sq Ft

1% Below List Price

5 Days on Market

Highlights

  • 166 Feet of Waterfront
  • Deep Water Access
  • Deck
  • Docks
  • Colonial Architecture
  • Cathedral Ceiling

About This Home

As of September 2021

If you've been disappointed with the lack of quality inventory on Big Sebago check this out. 166 feet of gorgeous, gradual entry, sandy frontage and an extra large lot. Wide open lake views from every room. Open floor plan will be perfect for entertaining your out of town guests. Expansive decking off of main floor master and dining/living rooms. Even more living space can be created in approx. 500 sq. feet of unfinished area on the main level or in the walk out basement.

Last Agent to Sell the Property

Karen Tufts

Coldwell Banker Team Real Estate Listed on: 07/04/2017

Coldwell Banker Team Real Estate

Last Buyer's Agent

Karen Tufts

Coldwell Banker Residential Brokerage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,737

Year Built

  • Built in 1984

Lot Details

  • 0.47 Acre Lot
  • 166 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Dirt Road
  • Rural Setting
  • Level Lot
  • Open Lot
  • Property is zoned shoreland

Property Views

  • Water
  • Scenic Vista

Home Design

  • Colonial Architecture
  • Saltbox Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Clap Board Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 2,274 Sq Ft Home
  • Built-In Features
  • Cathedral Ceiling
  • Skylights
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Heated Sun or Florida Room
  • Sun or Florida Room
  • Home Security System

Kitchen

  • Electric Range
  • Stove
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Jetted Tub and Shower Combination in Primary Bathroom
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

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

Outdoor Features

  • Deep Water Access
  • Docks
  • Balcony
  • Deck

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Hot Water Heating System
  • Well
  • Electric Water Heater
  • Septic System

Community Details

  • No Home Owners Association
  • Community Storage Space

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number RYMD-000068-000000-000022

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,737

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.47
  • Road Frontage Type: Private
  • Road Surface Type: Gravel
  • Water Body Name: Sebago
  • MLS Status: Closed
  • Directions: Route 302 to Hawthorne Rd. to Raymond Cape Rd. Left on Quarry Cove Rd.. Right on Papoose Island Rd. bear left to house.
  • Above Grade Finished Sq Ft: 2274.0
  • Architectural Style: Colonial, Saltbox
  • Garage Yn: Yes
  • Year Built: 1984
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.47
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2274.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Heat Fuel:Propane: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Security System: Yes
  • Amenities:Storage: Yes
  • Roads:Private: Yes
  • Kitchen Countertop:Granite: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Cooling:Central Air: Yes
  • Amenities:Walk-in Closets: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Full Bath7: Yes
  • Primary Bedroom Amenities:Walk-in Closet6: Yes
  • Roof:Composition2: Yes
  • Exterior:Clapboard: Yes
  • Heat System:Multi-Zones: Yes
  • Style:Colonial: Yes
  • Sunroom:Sunroom: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Location:Rural: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 166.0
  • Water Info:Water Frontage Owned -: 166.0
  • Recreational Water:Waterfront Deep: Yes
  • Driveway:Gravel: Yes
  • Dining Room Amenities:Dining Area: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • View:Scenic: Yes
  • Recreational Water:Dock: Yes
  • Living Room Amenities:Heat Stove5: Yes
  • Primary Bedroom Amenities:BalconyDeck6: Yes
  • Style:Saltbox: Yes
  • Sunroom Amenities:Four-Season: Yes
  • Bedroom Amenities 2:Cathedral Ceiling8: Yes
  • Primary Bedroom Amenities:Separate Shower6: Yes
  • Living Room Amenities:Built-Ins14: Yes
  • Primary Bedroom Amenities:Jetted Tub6: Yes
  • Dining Room Amenities:Built-Ins8: Yes
  • Bedroom 1 Amenities:Cathedral Ceiling7: Yes
  • Sunroom Amenities:Heated2: Yes
  • Bedroom Amenities 2:Skylight10: Yes
  • Bedroom 1 Amenities:Skylight9: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher
  • Has Basement: Walk-Out Access, Full, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Walk-in Closets, 1st Floor Primary Bedroom w/Bath, Pantry, Shower, Storage
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Level, Open Lot, Rural
  • View: Scenic
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Clapboard, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: 5 - 10 Spaces, Gravel, Garage Door Opener, Inside Entrance

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Security: Security System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Stove, Multi-Zones, Hot Water, Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Existing on Site
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 20473.2
  • Parcel #: RYMD-000068-000000-000022
  • Zoning: shoreland

Tax Info

  • Tax Annual Amount: 7737.0
  • Tax Book Number: 26248
  • Tax Lot: 22
  • Tax Map Number: 68
  • Tax Year: 2016

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
$2,486,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,013,725
Avg. Annual Appreciation
-8.19%
Original Mortgage
$1,500,000
Outstanding Balance
$1,367,860
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,118,415

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
Source: Public Records

Range of Values:

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Average Value
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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 -- None Available
Warranty Deed -- None Available
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,500,000 Purchase Money Mortgage
Previous Owner $833,000 Purchase Money Mortgage
Previous Owner $666,750 Purchase Money Mortgage
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

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 $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

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Map

Source: Maine Listings

MLS Number: 1315661

Maine Listings

APN: RYMD-000068-000000-000022