NOT LISTED FOR SALE

408 Point Dr Mount Vernon, ME 04352

Estimated Value: $783,000 - $861,284

4 Beds
2.5 Baths
2,392 Sq Ft
$343/Sq Ft Est. Value

Sale Details

Date Sold: November 9, 2022

Last sale price $661,250 $276 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $5,537 / mo

3 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Docks
  • Colonial Architecture
  • 400 Feet of Waterfront
  • 6.04 Acre Lot
  • Deck

About This Home

As of November 2022

Year-round home on highly sought-after Echo Lake. Lots of room with 2 bedrooms on the first floor and 2 on the second, office, 2.5
bathrooms, open floor plan, fireplace, screened in porch plus a full deck on 6 acres and over 400
feet of water frontage. An oversized 2 car garage and stand-by generator prepares you for lake living. Enjoy the spectacular open water views in a very private setting on a point looking across
the lake with deep, clear water for boat or swimming. With over 180 degrees of lake views, it is picturesque all year long. Rarely does a property on this lake with such a setting become available.

Last Agent to Sell the Property

Les Priest

Better Homes & Gardens Real Estate/The Masiello Group Listed on: 09/30/2022

Better Homes & Gardens Real Estate/The Masiello Group

Last Buyer's Agent

Troy Williams

Keller Williams Coastal and Lakes & Mountains Realty

Keller Williams Coastal and Lakes & Mountains Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,958

Year Built

  • Built in 1986

Lot Details

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

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista
  • Woods

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Concrete Fiber Board Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,392 Sq Ft Home
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Home Office

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Bathtub
  • Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Sump Pump
  • Crawl Space

Outdoor Features

  • Deeded Waterfront Access Rights
  • Deep Water Access
  • Docks
  • Balcony
  • Deck

Utilities

  • Dehumidifier
  • Zoned Heating
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Baseboard Heating
  • Hot Water Heating System
  • Power Generator
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic System
  • Private Sewer
  • High Speed Internet

Community Details

  • The Point On Echo Lot Owners Association Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Tax Lot 001-07
  • Assessor Parcel Number MTVR-000010-000000-000001-000007-R

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,958

Year Built

Built in 1986

Lot Details

6.04 Acres

HOA Fees

$42 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 6.04
  • Road Frontage Type: Private
  • Road Surface Type: Gravel
  • Water Body Name: Echo
  • MLS Status: Closed
  • Subdivision Name: The Point on Echo Lot Owners Association
  • Directions: NOT GPS FRIENDLY - POINT DRIVE BEGINS IN FAYETTE - USE 1916 MAIN ST, FAYETTE (FAYETTE GENERAL STORE) AS A DESTINATION From Kents Hill - Towards Fayette - Right on Point Drive Property on left # 408
  • Above Grade Finished Sq Ft: 2392.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Efficiency: Dehumidifier
  • Year Built: 1986
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Contract Information:List PriceSqFt: 271.74
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 6.04
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2392.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Location Information:Association Fee: 500.0
  • Location Information:Fee Frequency Paid: Annually
  • Property Information:Garage Spaces: 2.0
  • Roads:Private: Yes
  • Kitchen Countertop:Granite: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Dining Room:Dining Room: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Kitchen Amenities:Island: Yes
  • Living Room:Living Room: Yes
  • Room Features:Eat-in Kitchen2: Yes
  • Room Features:Island2: Yes
  • Heat System:Multi-Zones: Yes
  • Amenities:Bathtub: Yes
  • Style:Colonial: Yes
  • Office:Office: Yes
  • Basement:Crawl Space: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Roof:Pitched: Yes
  • Heat Fuel:Wood2: Yes
  • Living Room Amenities:Wood Burning Fireplace14: Yes
  • Room Features:Wood Burning Fireplace29: Yes
  • Location:Rural: Yes
  • Roads:Dead End: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 400.0
  • Water Info:Water Frontage Owned -: 400.0
  • Recreational Water:Deeded: Yes
  • Recreational Water:Waterfront Deep: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Property Information:Deed Restrictions: Yes
  • Appliances Included:Gas Range: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • View:Scenic: Yes
  • Water Info:Island3: No
  • Equipment:Generator: Yes
  • Basement:Sump Pump: Yes
  • Laundry Room:Laundry Room: Yes
  • Recreational Water:Dock: Yes
  • Exterior:Fiber Cement: Yes
  • Equipment:DSL: Yes
  • Room Features:BalconyDeck17: Yes
  • Energy Efficiency:Dehumidifier: Yes
  • Bedroom Amenities 3:BalconyDeck3: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Advertising Remarks:Advertising Remarks: Year-round home on highly sought-after Echo Lake. Lots of room with 2 bedrooms on the first floor and 2 on the second, office, 2.5 bathrooms, open floor plan, fireplace, screened in porch plus a full deck on 6 acres and over 400 feet of water frontage. An oversized 2 car garage and stand-by generator prepares you for lake living. Enjoy the spectacular open water views in a very private setting on a point looking across the lake with deep, clear water for boat or swimming. With over 180 degrees of lake views, it is picturesque all year long. Rarely does a property on this lake with such a setting become available.
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Gas Range, Dryer, Dishwasher
  • Has Basement: Crawl Space, Full, Sump Pump, Exterior Entry, Bulkhead, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Bedroom, Bathtub, Shower
  • Full Basement: Yes
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Second
  • Bedroom 4 Bedroom 4 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First
  • Laundry Room Laundry Room Level: First

Exterior Features

  • Lot Features: Level, Wooded, Rural
  • View: Scenic, Trees/Woods
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Fiber Cement, 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
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Gravel, Detached

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, 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 Fee: 500.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 263102.4
  • Parcel #: MTVR-000010-000000-000001-000007-R
  • Zoning: Rural

Tax Info

  • Tax Annual Amount: 7958.0
  • Tax Lot: 001-07
  • Tax Year: 2021

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2026
Sold by
Bought by
Current Estimated Value
$861,257

Purchase Details

Listed on
Sep 30, 2022
Closed on
Nov 1, 2022
Sold by
Bought by
Seller's Agent
Les Priest
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Troy Williams
Keller Williams Coastal and Lakes & Mountains Realty
List Price
$650,000
Sold Price
$661,250
Premium/Discount to List
$11,250
1.73%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.05%
Original Mortgage
$529,000
Interest Rate
0.0525%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
$661,250 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $529,000
Closed $60,000
Closed $185,125
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/09/2022 11/09/22 Sold $661,250 +1.7% $276 / Sq Ft
09/23/2022 09/23/22 For Sale $650,000 -- $272 / Sq Ft
Source: Maine Listings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $10,128 $482,300 $250,200 $232,100
2023 $9,164 $482,300 $250,200 $232,100
2022 $8,923 $482,300 $250,200 $232,100
2021 $7,958 $482,300 $250,200 $232,100
2020 $8,440 $482,300 $250,200 $232,100
2019 $8,173 $465,700 $250,200 $215,500
2018 $7,963 $465,700 $250,200 $215,500
2017 $7,963 $465,700 $250,200 $215,500
2014 $7,079 $465,700 $250,200 $215,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1544069

Maine Listings

APN: MTVR-000010-000000-000001-000007-R

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