NOT LISTED FOR SALE

42 Cove Rd Lincoln, ME 04457

Estimated Value: $303,000 - $432,853

2 Beds
1 Bath
800 Sq Ft
$429/Sq Ft Est. Value

Last Sold February 03, 2017

Last sale price $126,000 $158 Per Sq Ft

Est. 172% increase in value since last sale

Current estimated payment $2,271/month

297 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Home fronts a pond
  • Cathedral Ceiling
  • 100 Feet of Waterfront
  • Deck
  • Main Floor Bedroom

About This Home

As of February 2017

Cute log-sided waterfront cabin on Little Narrows of Cold Stream Pond. Open Living Room, Kitchen, Dining area with siding glass doors to deck allows for great lake views from all 3 rooms. 2 Bedrooms and full bath round out the main camp. Bunkhouse for guest.

Last Agent to Sell the Property

Carmen Mcphail

United Country Lifestyle Properties of Maine Brokerage Phone: 207-794-6164 Listed on: 03/04/2016

Last Buyer's Agent

Carolyn Fish Jason Fish

Better Homes & Gardens Real Estate/The Masiello Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,102

Year Built

  • Built in 1959

Lot Details

  • 0.58 Acre Lot
  • Home fronts a pond
  • 100 Feet of Waterfront
  • Property fronts a private road
  • Dirt Road
  • Rural Setting
  • Level Lot
  • Property is zoned SD3

Property Views

  • Water
  • Scenic Vista

Home Design

  • Camp Architecture
  • Bungalow
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Log Siding

Interior Spaces

  • 800 Sq Ft Home
  • Cathedral Ceiling
  • Living Room
  • Dining Room
  • Crawl Space
  • Gas Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Parking

  • Garage
  • Parking Storage or Cabinetry
  • Gravel Driveway

Outdoor Features

  • Deeded Waterfront Access Rights
  • Deck
  • Outbuilding

Location

  • Suburban Location

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Kerosene
  • Heating System Mounted To A Wall or Window
  • Seasonal Water
  • Electric Water Heater
  • Septic System
  • Septic Design Available
  • Private Sewer
  • Internet Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 053
  • Assessor Parcel Number 42Cove RoadLincoln111053

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,102

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.58
  • Road Frontage Type: Private
  • Road Surface Type: Gravel
  • Water Body Name: Little Narrows
  • MLS Status: Closed
  • Directions: I-95 to exit 227 (Lincoln) East on River Road to traffic light, straight onto Penobscot Valley Ave to end, left on Enfield Road, 1st right on Transalpine Road to McGregor Road on left straight onto Cove Rd.
  • Above Grade Finished Sq Ft: 800.0
  • Architectural Style: Camp, Bungalow
  • Garage Yn: Yes
  • Year Built: 1959
  • Attribution Contact: 207-794-6164
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 157.5
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.58
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 800.0
  • 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:Forced Air: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Roads:Private: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Style:Bungalow: Yes
  • Location:Suburban: Yes
  • Basement:Crawl Space: Yes
  • Foundation Materials:PillarPostPier: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Heat Fuel:K-1Kerosene: Yes
  • Location:Rural: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 100.0
  • Water Info:Water Frontage Owned -: 100.0
  • Recreational Water:Deeded: Yes
  • Driveway:Gravel: Yes
  • Dining Room Amenities:Dining Area: Yes
  • Equipment:Internet Access Available: Yes
  • Style:Camp: Yes
  • Appliances Included:Gas Range: Yes
  • Sewer:Septic Existing on Site: Yes
  • Sewer:Septic Design Available: Yes
  • Vehicle Storage:Storage Above: Yes
  • Kitchen Amenities:Cathedral Ceiling6: Yes
  • View:Scenic: Yes
  • Water:Seasonal4: Yes
  • Heat System:Direct Vent Furnace: Yes
  • Other Structures:Out Building: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Advertising Remarks:Advertising Remarks: Cute log-sided waterfront cabin on Little Narrows of Cold Stream Pond. Open Living Room, Kitchen, Dining area with siding glass doors to deck allows for great lake views from all 3 rooms. 2 Bedrooms and full bath round out the main camp. Bunkhouse for guest.
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Gas Range
  • Has Basement: Crawl Space, Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: 1st Floor Bedroom
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Level, Rural, Suburban
  • View: Scenic
  • Waterfront Features: Pond
  • Waterfront: Yes
  • Construction Type: Log Siding, Wood Frame
  • Foundation Details: Pillar/Post/Pier
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Exterior:Log Siding: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Direct Vent Furnace, Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Design Available, Septic Existing on Site
  • Water Source: Other, Seasonal

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 25264.8
  • Parcel #: 42Cove RoadLincoln111053
  • Zoning: SD3

Tax Info

  • Tax Annual Amount: 3102.0
  • Tax Lot: 053
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2016
Closed on
Feb 6, 2017
Sold by
Gary Theriault
Bought by
Deveau Cynthia
Seller's Agent
Carmen Mcphail
United Country Lifestyle Properties of Maine
Buyer's Agent
Carolyn Fish Jason Fish
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$143,000
Sold Price
$126,000
Premium/Discount to List
-$17,000
-11.89%
Current Estimated Value
$342,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,963
Avg. Annual Appreciation
12.02%
Original Mortgage
$100,800
Outstanding Balance
$83,032
Interest Rate
4.19%
Estimated Equity
$259,931

Purchase Details

Closed on
Sep 9, 2011
Sold by
Miller Jeffrey F
Bought by
Savings Bank Of Maine

Purchase Details

Closed on
Feb 15, 2011
Sold by
Miller Jeffrey F
Bought by
Savings Bank Of Maine

Purchase Details

Closed on
May 2, 2006
Sold by
Lakeville Shores Inc
Bought by
Miller Jeffrey F
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Deveau Cynthia -- --
Savings Bank Of Maine -- --
Savings Bank Of Maine -- --
Miller Jeffrey F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deveau Cynthia $100,800
Closed Deveau Cynthia --
Previous Owner Deveau Cynthia $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/03/2017 02/03/17 Sold $126,000 -11.9% $158 / Sq Ft
12/27/2016 12/27/16 Pending -- -- --
03/04/2016 03/04/16 For Sale $143,000 -- $179 / 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
2025 $5,580 $320,700 $128,000 $192,700
2024 $5,072 $246,200 $98,000 $148,200
2023 $4,694 $182,500 $68,500 $114,000
2022 $4,015 $182,500 $68,500 $114,000
2021 $3,413 $182,500 $68,500 $114,000
2020 $3,499 $162,000 $67,000 $95,000
2019 $3,742 $162,000 $67,000 $95,000
2018 $3,121 $135,100 $52,000 $83,100
2017 $3,047 $135,100 $52,000 $83,100
2016 $3,018 $135,100 $52,000 $83,100
2015 $2,999 $135,100 $52,000 $83,100
2014 $3,026 $135,100 $52,000 $83,100
2013 $2,987 $130,100 $52,000 $78,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1253242

Maine Listings

APN: LNCN-000111-000000-000053