NOT LISTED FOR SALE

40 Philpots Landing Limerick, ME 04048

Estimated Value: $498,000 - $712,699

3 Beds
1.5 Baths
1,880 Sq Ft
$322/Sq Ft Est. Value

Last Sold May 12, 2023

Last sale price $589,000 $313 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,241/month

175 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Docks
  • Deck
  • 540 Feet of Waterfront
  • Chalet
  • Wooded Lot

About This Home

As of May 2023

This year-round waterfront home on a beautiful lake within 2 hours of Boston is private, tastefully furnished and the one to snag before summer begins. This lake house has 540' of owned waterfront, a large yard and a brand new FeatherLite dock. Inside you'll find all new appliances and mini-splits as well as a new pellet stove for year round comfort. There are 2 bedrooms with new king size beds, an additional room with new custom bunk beds for six and an open concept living, dining, and kitchen that opens up to the deck overlooking the lake. You'll also find new hardwood flooring and a new roof, Empire heater, drilled well, security system, constant pressure well pump, new water heater & more.
An added bonus is the additional 1+ acre lot across the street is included in the price. OPEN HOUSE SATURDAY APRIL 15TH 12:00 TO 3:00 PM. STOP BY

Last Agent to Sell the Property

Janet Hogan

Keller Williams Realty Listed on: 04/10/2023

Keller Williams Realty

Last Buyer's Agent

Sherry Main

Lakeside Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,731

Year Built

  • Built in 1985

Lot Details

  • 2.24 Acre Lot
  • 540 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Dirt Road
  • Street terminates at a dead end
  • Rural Setting
  • Wooded Lot
  • Property is zoned shoreland

Property Views

  • Water
  • Scenic Vista

Home Design

  • Chalet
  • Contemporary Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Furnished
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Bonus Room
  • Wood Flooring

Kitchen

  • Gas Range
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Formica Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Bathtub
  • Shower Only

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

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

Home Security

  • Home Security System
  • Storm Doors

Parking

  • Gravel Driveway
  • On-Site Parking

Outdoor Features

  • Deeded Waterfront Access Rights
  • Docks
  • Deck

Utilities

  • Dehumidifier
  • Space Heater
  • Heating System Uses Propane
  • Heat Pump System
  • Pellet Stove burns compressed wood to generate heat
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Programmable Thermostat
  • Private Water Source
  • Well
  • High-Efficiency Water Heater
  • Septic System
  • Private Sewer
  • Internet Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 61
  • Assessor Parcel Number LIME-000010-000000-000059

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,731

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.24
  • Road Frontage Type: Private
  • Road Surface Type: Gravel
  • Water Body Name: Sokokis Lake
  • MLS Status: Closed
  • Directions: From center of town take Rt.5 north to a right on Kelley Lane. Go to the bottom of hill and take a left on Philpots Landing
  • Above Grade Finished Sq Ft: 1380.0
  • Architectural Style: Chalet, Contemporary
  • Garage Yn: No
  • Efficiency: Storm Doors, Programmable Thermostat, High Efficiency Water Heater, Energy Star Appliances, Dehumidifier
  • Year Built: 1985
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 2.24
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1380.0
  • Property Information:SqFt Finished Below Grade: 500.0
  • Property Information:Garage: No
  • 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
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Propane: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Security System: Yes
  • Roads:Private: Yes
  • Heat Fuel:Electric: Yes
  • Cooling:Heat Pump3: Yes
  • Amenities:Shower: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Parking:On Site2: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Bonus Room:Bonus Room: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Roof:Pitched: Yes
  • Property Information:Short Sale Continue to Show: No
  • Location:Rural: Yes
  • Roads:Dead End: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 540.0
  • Water Info:Water Frontage Owned -: 540.0
  • Recreational Water:Deeded: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Equipment:Internet Access Available: Yes
  • Property Information:Deed Restrictions: Unknown
  • Appliances Included:Gas Range: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Kitchen Countertop:Formica: Yes
  • Equipment:Cable: Yes
  • Energy Efficiency:Ceiling Fans: Yes
  • View:Scenic: Yes
  • Heat System:Direct Vent Heater: Yes
  • Water Heater:Tank: Yes
  • Amenities:Furniture Included: Yes
  • Water Info:Island3: No
  • Water Heater:Heat Pump2: Yes
  • Recreational Water:Dock: Yes
  • Heat System:Space Heater: Yes
  • Heat Fuel:Pellets: Yes
  • Energy Efficiency:Dehumidifier: Yes
  • Energy Efficiency:Energy Star Appliances: Yes
  • Energy Efficiency:High Efficiency Water Heater: Yes
  • Energy Efficiency:Storm Doors: Yes
  • Energy Efficiency:Programmable Thermostat: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Gas Range, Dryer, Dishwasher
  • Has Basement: Walk-Out Access, Daylight, Finished, Full, Interior Entry
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 500.0
  • Fireplace: No
  • Interior Amenities: Furniture Included, 1st Floor Bedroom, Bathtub, Shower
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Wooded, Near Town, Rural
  • View: Scenic
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Pitched, Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Gravel, On Site

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Security: Security System
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Space Heater, Direct Vent Heater, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: RSU 57/MSAD 57

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 97574.4
  • Parcel #: LIME-000010-000000-000059
  • Zoning: shoreland

Tax Info

  • Tax Annual Amount: 4731.13
  • Tax Book Number: 18875
  • Tax Lot: 61
  • Tax Map Number: 10
  • Tax Year: 2022

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2023 05/12/23 Sold $589,000 +3.4% $313 / Sq Ft
11/10/2022 11/10/22 Price Changed $569,900 -1.7% $303 / Sq Ft
11/06/2022 11/06/22 Price Changed $579,900 -3.2% $308 / Sq Ft
10/24/2022 10/24/22 For Sale $599,000 +93.2% $319 / Sq Ft
11/17/2021 11/17/21 Sold $310,000 -32.3% $369 / Sq Ft
11/06/2021 11/06/21 Pending -- -- --
10/08/2021 10/08/21 For Sale $458,000 -- $545 / 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 $372 $39,117 $39,117 $0
2023 $114 $7,500 $7,500 $0
2022 $107 $7,500 $7,500 $0
2021 $4,357 $262,473 $172,440 $90,033
2020 $4,305 $262,473 $172,440 $90,033
2019 $4,134 $262,473 $172,440 $90,033
2018 $4,239 $262,473 $172,440 $90,033
2017 $4,134 $262,473 $172,440 $90,033
2016 $3,950 $262,473 $172,440 $90,033
2015 $3,832 $262,473 $172,440 $90,033
2014 $3,714 $262,473 $172,440 $90,033
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1546591

Maine Listings

APN: LIME-000010-000000-000059