NOT LISTED FOR SALE

47 Loon Lake Rd Rangeley, ME 04970

Estimated Value: $247,000

1 Bed
1 Bath
544 Sq Ft
$454/Sq Ft Est. Value

Last Sold October 04, 2019

Last sale price $119,000 $219 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $1,459/month

29 Days on Market

Highlights

  • Nearby Water Access
  • Country Club
  • Wood Flooring
  • Public Beach
  • View of Trees or Woods
  • Main Floor Bedroom

About This Home

As of October 2019

#506 This is a cute little cottage with everything you need for a relaxing get-a-way in Rangeley, Maine. One Bedroom/ 1 Bath, open floor plan with an additional sleeping loft, cozy little front porch for summer time dining/ sitting, close to town, walk to area restaurants and events, shed for your sleds/ summer toys, easy to maintain.

Last Agent to Sell the Property

Earl Bowen

Noyes Real Estate Agency Listed on: 08/09/2019

Last Buyer's Agent

Margie Jamison

Morton & Furbish Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,116

Year Built

  • Built in 1970

Lot Details

  • 0.5 Acre Lot
  • Public Beach
  • Landscaped
  • Level Lot

Parking

  • Gravel Driveway

Property Views

  • Woods
  • Mountain

Home Design

  • Cottage
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Log Siding

Interior Spaces

  • 544 Sq Ft Home
  • Furnished
  • Wood Flooring

Kitchen

  • Gas Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Nearby Water Access
  • Shed
  • Enclosed Glass Porch

Location

  • Property is near a golf course
  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Private Water Source
  • Well
  • Water Heated On Demand

Listing and Financial Details

  • Tax Lot 71
  • Assessor Parcel Number RANG-000008-000000-000071

Community Details

Overview

  • No Home Owners Association

Recreation

  • Country Club

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,116

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.5
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From Main Street take Loon Lake Road, brown Cottage is on your right (5th property on right from Main Street), Name of Cottage: True North.
  • Above Grade Finished Sq Ft: 544.0
  • Architectural Style: Cottage
  • Garage Yn: No
  • Year Built: 1970
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.5
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 544.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Microwave: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water Heater:On Demand: Yes
  • Heat Fuel:Electric: Yes
  • Location:Near Public Beach: Yes
  • Foundation Materials:PillarPostPier: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Style:Cottage: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • View:TreesWoods: Yes
  • Site:RollingSloping: Yes
  • Appliances Included:Gas Range: Yes
  • Water:Well Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Location:Near Country Club: Yes
  • Heat System:Direct Vent Heater: Yes
  • View:Mountain(s): Yes
  • Amenities:Furniture Included: Yes
  • Other Structures:Shed: Yes
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Microwave, Gas Range
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Interior Amenities: Furniture Included, 1st Floor Bedroom

Exterior Features

  • Lot Features: Level, Rolling Slope, Landscaped, Intown, Near Golf Course, Near Public Beach, Near Town
  • View: Mountain(s), Trees/Woods
  • Waterfront: No
  • Construction Type: Log Siding, Wood Frame
  • Foundation Details: Pillar/Post/Pier
  • Other Structures: Shed(s)
  • Patio And Porch Features: Glass Enclosed
  • Roof: Shingle
  • Exterior:Log Siding: Yes

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Schools

  • Junior High Dist: RSU 78

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 21780.0
  • Parcel #: RANG-000008-000000-000071
  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 1116.0
  • Tax Book Number: 3801
  • Tax Lot: 71
  • Tax Map Number: 8
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2019
Closed on
Oct 4, 2019
Sold by
Knox-Voina Jane
Bought by
Smith Ann Marie E
Seller's Agent
Earl Bowen
Noyes Real Estate Agency
Buyer's Agent
Margie Jamison
Morton & Furbish Agency
List Price
$129,000
Sold Price
$119,000
Premium/Discount to List
-$10,000
-7.75%
Current Estimated Value
$247,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,000
Avg. Annual Appreciation
13.13%
Original Mortgage
$105,910
Outstanding Balance
$93,191
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$153,809

Purchase Details

Listed on
Oct 15, 2015
Closed on
Feb 18, 2016
Sold by
Kane Gregory R and Kane Susan K
Bought by
Knox-Voina Jane
Seller's Agent
Caryn Dreyfuss
City Cove Realty
Buyer's Agent
Caryn Dreyfuss
City Cove Realty
List Price
$109,999
Sold Price
$109,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.18%

Purchase Details

Closed on
Sep 23, 2010
Sold by
Sheldon Carol A
Bought by
Dahlen Susan K and Kane Gregory

Purchase Details

Closed on
Jul 28, 2009
Sold by
Cerminara Paul A and Cerminara Pasqualina
Bought by
Butler Frederick W and Butler Rosemary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,250
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Smith Ann Marie E -- --
Smith Ann Marie E -- --
Knox-Voina Jane -- --
Knox-Voina Jane -- --
Dahlen Susan K -- --
Dahlen Susan K -- --
Butler Frederick W -- --
Butler Frederick W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Ann Marie E $105,910
Closed Smith Ann Marie E $105,910
Previous Owner Kane Gregory R $80,250
Previous Owner Butler Frederick W $73,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2019 10/04/19 Sold $119,000 -7.8% $219 / Sq Ft
09/08/2019 09/08/19 Pending -- -- --
08/09/2019 08/09/19 For Sale $129,000 +17.3% $237 / Sq Ft
02/15/2016 02/15/16 Sold $109,999 0.0% $202 / Sq Ft
12/20/2015 12/20/15 Pending -- -- --
10/15/2015 10/15/15 For Sale $109,999 -- $202 / 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 $1,397 $114,200 $52,200 $62,000
2023 $1,397 $114,200 $52,200 $62,000
2022 $1,229 $81,600 $37,300 $44,300
2021 $1,210 $81,600 $37,300 $44,300
2020 $1,122 $81,100 $37,300 $43,800
2019 $1,154 $82,700 $38,900 $43,800
2018 $1,116 $82,700 $38,900 $43,800
2017 $1,048 $82,700 $38,900 $43,800
2016 $995 $83,500 $38,900 $44,600
2015 $956 $83,500 $38,900 $44,600
2014 $964 $83,500 $38,900 $44,600
2013 $977 $83,500 $38,900 $44,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1428645

Maine Listings

APN: RANG-000008-000000-000071