NOT LISTED FOR SALE

426 Point Dr Mount Vernon, ME 04352

Estimated Value: $740,000 - $1,305,000

3 Beds
3 Baths
3,120 Sq Ft
$340/Sq Ft Est. Value

Last Sold July 20, 2022

Last sale price $989,000 $317 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $6,603/month

2 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Docks
  • Cape Cod Architecture
  • 343 Feet of Waterfront
  • 5.48 Acre Lot
  • Deck

About This Home

As of July 2022

If you're looking for relaxation, privacy, and a warm and inviting home where you can build memories for generations to come, then you'll love this stunning, year-round lake house. A charming, classic cottage exterior gives way to a spacious, 3-story home built for family gatherings. An open kitchen with new appliances flows into a large family room that features cathedral ceilings and a wall of glass overlooking 343' of private lake shoreline. The beautifully decorated and maintained property boasts lovely wood floors and special design touches throughout, as well as plenty of space for family and guests to kick back and enjoy lake life, including a 4-season sunroom, a large playroom with double doors leading outside, and 3 bedrooms, including two with their own bathrooms, two offices and a sleeping loft that can accommodate many guests and a well-appointed, first floor primary suite with a soaking tub, separate shower, and walk-in closet. 2 porches, a lower stone patio, a lakeside deck with a built-in fire pit, and an expansive lawn leading to the lake's edge allow for plenty of outdoor entertaining. The property also includes a farmhouse-style, 2-car garage with a second floor that can be converted into additional living space. Point Drive is a private, well maintained, year-round road with other fine homes on Echo Lake. Located about 25-30 minutes to I-95 and Augusta, and 20 minutes to Winthrop shops.

Last Agent to Sell the Property

Jean Kirkpatrick

Rizzo Mattson Brokerage Phone: 207-622-9000 Listed on: 06/02/2022

Last Buyer's Agent

Les Priest

Better Homes & Gardens Real Estate/The Masiello Group

Better Homes & Gardens Real Estate/The Masiello Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,343

Year Built

  • Built in 1987

Lot Details

  • 5.48 Acre Lot
  • 343 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Dirt Road
  • Street terminates at a dead end
  • Rural Setting
  • Landscaped
  • Level Lot
  • Open Lot
  • Property is zoned Shoreland

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Gravel Driveway

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Clap Board Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • Built-In Features
  • Cathedral Ceiling
  • Skylights
  • Double Pane Windows
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Loft
  • Bonus Room
  • Sun or Florida Room
  • Sink in Utility Room
  • Water Views
  • Storm Doors
  • Attic

Kitchen

  • Built-In Oven
  • Stove
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Crawl Space

Outdoor Features

  • Deeded Waterfront Access Rights
  • Deep Water Access
  • Docks
  • Deck
  • Patio
  • Outbuilding
  • Porch

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Radiant Heating System
  • Baseboard Heating
  • Hot Water Heating System
  • Generator Hookup
  • Private Water Source
  • Gas Water Heater
  • Private Sewer
  • Internet Available
  • Satellite Dish

Listing and Financial Details

  • Tax Lot 1-04
  • Assessor Parcel Number 426PointDriveMountVernon04352

Community Details

Overview

  • Point Drive On Echo Lake Subdivision
  • The community has rules related to deed restrictions

Amenities

  • Community Storage Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,343

Year Built

Built in 1987

Lot Details

0

HOA Fees

$42 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 5.48
  • Road Frontage Type: Private
  • Road Surface Type: Gravel
  • Water Body Name: Echo Lake
  • MLS Status: Closed
  • Subdivision Name: Point Drive on Echo Lake
  • Directions: From Rte. 17 in Fayette, turn onto Point Drive. Travel 2.0 miles. Home on left.
  • Above Grade Finished Sq Ft: 2760.0
  • Architectural Style: Cape
  • Garage Yn: Yes
  • Efficiency: Storm Doors, Double Pane Windows
  • Year Built: 1987
  • Attribution Contact: 207-622-9000
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 5.48
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2760.0
  • Property Information:SqFt Finished Below Grade: 360.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Water Heater:Gas: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Amenities:Storage: 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
  • Vehicle Storage:Auto Door Opener: Yes
  • Vehicle Storage:Detached: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Amenities:Walk-in Closets: Yes
  • Dining Room:Dining Room: Yes
  • Kitchen Amenities:Island: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Full Bath7: Yes
  • Primary Bedroom Amenities:Walk-in Closet6: Yes
  • Room Features:Island2: Yes
  • Room Features:Walk-in Closet17: Yes
  • Exterior:Clapboard: Yes
  • Heat System:Radiant: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Bonus Room:Bonus Room: Yes
  • Office:Office: Yes
  • Sunroom:Sunroom: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Cooktop: Yes
  • Appliances Included:Wall Oven: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Attic: Yes
  • Primary Bedroom Amenities:Soaking Tub6: Yes
  • Room Features:Skylight32: Yes
  • Room Features:Soaking Tub17: Yes
  • Location:Rural: Yes
  • Roads:Dead End: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 343.0
  • Water Info:Water Frontage Owned -: 343.0
  • Recreational Water:Deeded: Yes
  • Recreational Water:Waterfront Deep: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Dining Room Amenities:Dining Area: Yes
  • Room Features:Dining Area2: Yes
  • Equipment:Internet Access Available: Yes
  • Family Room:Family Room: Yes
  • Property Information:Deed Restrictions: Yes
  • Appliances Included:Gas Range: Yes
  • Equipment:Satellite Dish: Yes
  • Living Room Amenities:Cathedral Ceiling5: Yes
  • Room Features:Cathedral Ceiling29: Yes
  • Room Features:Heat Stove29: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Laundry Room:Laundry Room: Yes
  • Room Features:Built-Ins30: Yes
  • Electric:Generator Hookup: Yes
  • Den:Den: Yes
  • Recreational Water:Dock: Yes
  • Dining Room Amenities:Cathedral Ceiling15: Yes
  • Dining Room Amenities:Informal: Yes
  • Loft:Loft: Yes
  • Energy Efficiency:Storm Doors: Yes
  • Sunroom Amenities:Four-Season: Yes
  • Dining Room Amenities:Heat Stove11: Yes
  • Primary Bedroom Amenities:Separate Shower6: Yes
  • Room Features:Separate Shower17: Yes
  • Bedroom Amenities 3:Walk-in Closet3: Yes
  • Bedroom Amenities 3:Full Bath3: Yes
  • Family Room Amenities:Built-Ins10: Yes
  • Laundry Room Amenities:Utility Sink: Yes
  • Room Features:Utility Sink2: Yes
  • Loft Amenities:Built-Ins18: Yes
  • Loft Amenities:Skylight3: Yes
  • Bedroom Amenities 3:Separate Shower3: Yes
  • Other Structures:Out Building: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Washer, Wall Oven, Refrigerator, Microwave, Gas Range, Dryer, Dishwasher, Cooktop
  • Has Basement: Crawl Space, Finished, Full, Interior Entry, Walk-Out Access
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 360.0
  • Fireplace: No
  • Interior Amenities: Walk-in Closets, 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, Attic, Bathtub, Pantry, Storage, Primary Bedroom w/Bath
  • Full Basement: Yes
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First
  • Laundry Room Laundry Room Level: Basement

Exterior Features

  • Lot Features: Level, Open Lot, Landscaped, Neighborhood, Rural, Subdivided
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Wood Siding, Clapboard, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Patio, Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Gravel, Garage Door Opener, Detached

Utilities

  • Laundry Features: Utility Sink
  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiant, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Generator Hookup, Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Association Fee: 500.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 238708.8
  • Parcel #: 426PointDriveMountVernon04352
  • Zoning: Shoreland

Tax Info

  • Tax Annual Amount: 7343.0
  • Tax Book Number: 2890
  • Tax Lot: 1-04
  • Tax Map Number: R10
  • Tax Year: 21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2022
Closed on
Jul 20, 2022
Sold by
Beaulier Margaret H and Beaulier William O
Bought by
Jernigan James W and Jernigan Mary P
Seller's Agent
Jean Kirkpatrick
Rizzo Mattson
Buyer's Agent
Les Priest
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$989,000
Sold Price
$989,000
Current Estimated Value
$1,052,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,648
Avg. Annual Appreciation
2.29%
Original Mortgage
$593,400
Outstanding Balance
$569,994
Interest Rate
5.23%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$489,844
Source: Public Records

Range of Values:

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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
Jernigan James W $989,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jernigan James W $593,400
Previous Owner Beaulier Margaret H $300,400
Previous Owner Beaullier Margaret H $50,000
Previous Owner Beaulier Margaret H $391,540
Previous Owner Beaulier Margaret H $15,000
Previous Owner Beaulier William D $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2022 07/20/22 Sold $989,000 0.0% $317 / Sq Ft
06/05/2022 06/05/22 Pending -- -- --
06/02/2022 06/02/22 For Sale $989,000 -- $317 / 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 $9,572 $455,800 $247,400 $208,400
2023 $8,660 $455,800 $247,400 $208,400
2022 $8,432 $455,800 $247,400 $208,400
2021 $7,343 $445,000 $247,400 $197,600
2020 $7,788 $445,000 $247,400 $197,600
2019 $7,687 $438,000 $247,400 $190,600
2018 $7,490 $438,000 $247,400 $190,600
2017 $7,490 $438,000 $247,400 $190,600
2014 $6,658 $438,000 $247,400 $190,600
2008 -- $416,600 $247,400 $169,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1530783

Maine Listings

APN: MTVR-000010-000000-000001-000004-R