NOT LISTED FOR SALE

44 Waters Way Limerick, ME 04048

Estimated Value: $427,000 - $566,000

4 Beds
2 Baths
2,729 Sq Ft
$173/Sq Ft Est. Value

Last Sold September 15, 2022

Last sale price $330,000 $121 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,780/month

181 Days on Market

Highlights

  • 757 Feet of Waterfront
  • River Nearby
  • Wood Flooring
  • 3.6 Acre Lot
  • Wooded Lot
  • Main Floor Bedroom

About This Home

As of September 2022

Are you looking for -

lots of space? This house is more than 2500 square feet- check.

Privacy? How about 3.6 peaceful acres? Bring your ATV and your fishing pole. Check.

A babbling brook- great for decompressing after a long day? Pendexter Brook runs along this property. Check.

Yes, there is work to do but it can be financed with a purchase plus or portfolion loan. This house is a canvas ready for your vision. The options are numerous!
Level one offers an eat-in kitchen, livingroom, office, bathroom, and additional bonus room with skylight. Second floor offers 4 bedrooms and bathroom. Open and spacious grand foyer and arched entry ways give this home extra charm. Come see it for yourself. Located 45 minutes from Portland.

Per local lender this home will qualify for certain financing options

Last Agent to Sell the Property

Krista Nadeau

Better Homes & Gardens Real Estate/The Masiello Group Listed on: 07/29/2022

Last Buyer's Agent

Leah Gagne

Locations Real Estate Group LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,038

Year Built

  • Built in 1990

Lot Details

  • 3.6 Acre Lot
  • Home fronts a stream
  • 757 Feet of Waterfront
  • Street terminates at a dead end
  • Rural Setting
  • Open Lot
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Property is zoned F & F

Parking

  • Gravel Driveway

Property Views

  • Water
  • Woods

Home Design

  • Victorian Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,729 Sq Ft Home
  • Furnished
  • Living Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Attic

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Outdoor Features

  • River Nearby

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Propane
  • Pellet Stove burns compressed wood to generate heat
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic System
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 001
  • Assessor Parcel Number 44WatersWayLimerick04048

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,038

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 3.6
  • Water Body Name: Pendexter Brook
  • MLS Status: Closed
  • Directions: From Saco, Route 5 North to Limerick for 1 mile to Foss Road to right onto Waters Way. House is at the end of the gravel drive.
  • Above Grade Finished Sq Ft: 2729.0
  • Architectural Style: Victorian
  • Garage Yn: No
  • Year Built: 1990
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 126.42
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 3.6
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2729.0
  • Property Information:Garage: No
  • Site:Open: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Bonus Room:Bonus Room: Yes
  • Office:Office: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Amenities:Attic: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:RiverBrookStream: Yes
  • Location:Rural: Yes
  • Roads:Dead End: Yes
  • Water Info:Waterfront Amount -: 757.0
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Site:RollingSloping: Yes
  • Property Information:Deed Restrictions: Unknown
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Amenities:Furniture Included: Yes
  • Water Info:Island3: No
  • Heat Fuel:Pellets: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Advertising Remarks:Advertising Remarks: Bring your vision to this 2700+ square foot victorian-style home located in a quiet rural town. Situated on 3.6 tranquil acres with your own front row seat to Pendexter Brook. This expansive 4 bedroom 2 bath home offers a bonus room with a skylight, dining area just of the kitchen, and additional bedroom/office on the first floor. Spacious foyer and arched entry ways give this home extra charm. Come see it for yourself. Located 40 minutes from Portland.
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher
  • Has Basement: Bulkhead, Full, Exterior Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Interior Amenities: Furniture Included, 1st Floor Bedroom, Attic
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • 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

Exterior Features

  • Lot Features: Open Lot, Rolling Slope, Wooded, Rural
  • View: Trees/Woods
  • Waterfront Features: Brook
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, 5 - 10 Spaces, Gravel

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 156816.0
  • Parcel #: 44WatersWayLimerick04048
  • Zoning: F & F

Tax Info

  • Tax Annual Amount: 3038.0
  • Tax Lot: 001
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2022
Closed on
Sep 15, 2022
Sold by
Sarantakis Lisa M
Bought by
Gauthier Michael M and Gauthier Ingrid K
Seller's Agent
Krista Nadeau
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Leah Gagne
Locations Real Estate Group LLC
List Price
$350,000
Sold Price
$330,000
Premium/Discount to List
-$20,000
-5.71%
Current Estimated Value
$470,853

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,853
Avg. Annual Appreciation
11.63%
Original Mortgage
$247,500
Outstanding Balance
$235,262
Interest Rate
4.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$235,591

Purchase Details

Closed on
May 27, 2022
Sold by
Sarantakis Gerald E
Bought by
Sarantakis Lisa M
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
Gauthier Michael M $330,000 None Available
Sarantakis Lisa M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gauthier Michael M $247,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2022 09/15/22 Sold $330,000 -5.7% $121 / Sq Ft
07/31/2022 07/31/22 Pending -- -- --
01/30/2022 01/30/22 For Sale $350,000 -- $128 / 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 $3,637 $382,812 $100,520 $282,292
2024 $3,637 $382,812 $100,520 $282,292
2023 $3,881 $255,315 $51,500 $203,815
2022 $3,625 $255,315 $51,500 $203,815
2021 $3,391 $204,252 $41,200 $163,052
2020 $3,350 $204,252 $41,200 $163,052
2019 $3,217 $204,252 $41,200 $163,052
2018 $3,299 $204,252 $41,200 $163,052
2017 $3,217 $204,252 $41,200 $163,052
2016 $3,074 $204,252 $41,200 $163,052
2015 $2,982 $204,252 $41,200 $163,052
2014 $2,890 $204,252 $41,200 $163,052
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1518801

Maine Listings

APN: 49-1-4-0