NOT LISTED FOR SALE

479 Cottage Rd Portage Lake, ME 04768

Estimated Value: $184,079 - $190,000

3 Beds
1 Bath
1,024 Sq Ft
$183/Sq Ft Est. Value

Last Sold July 27, 2020

Last sale price $110,000 $107 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $1,164/month

350 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Wood Flooring
  • Property is near a golf course
  • Ranch Style House
  • No HOA
  • Lot Has A Rolling Slope

About This Home

As of July 2020

When you see this vacation home, you will pinch yourself, wondering whether the price is real. Nearly one acre lot, 3 bedrooms, well, septic system, knotty pine walls, full bathroom and porch/sunroom with enough room for a hide-a-bed for extra sleepers and allow the view of Portage Lake,. Wood frame building is placed on a foam block concrete foundation- insulated inside and out with a doghouse entry. Walk into the basement, you will feel like you are in a fortress- it is very solid with comfortably high ceiling and may spawn some bigger ideas. You will relish the privacy provided by Oak Point. Property has been used as a three season cottage, but could be year round. Entertain on the 24 x10 deck or change it up with the front patio -both overlook the lake. Furnished and ready for you start your vacation life in the summer of 2019.

Last Agent to Sell the Property

Chuck Johnston

Big Bear Real Estate Company Listed on: 06/04/2020

Last Buyer's Agent

Chuck Johnston

Big Bear Real Estate Company Listed on: 06/04/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,112

Year Built

  • Built in 1952

Lot Details

  • 0.9 Acre Lot
  • 100 Feet of Waterfront
  • Lake Front
  • Lot Has A Rolling Slope
  • Property is zoned Shoreland

Parking

  • Gravel Driveway

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding
  • Vertical Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,024 Sq Ft Home
  • Water Views

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

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

Location

  • Property is near a golf course

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Natural Gas Not Available
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic System
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 479EastCottageRoadportagelake04768

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,112

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.9
  • Road Surface Type: Paved
  • Water Body Name: Portage Lake
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1024.0
  • Architectural Style: Ranch
  • Garage Yn: No
  • Year Built: 1952
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.9
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 1024.0
  • Property Information:Garage: No
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Roof:Metal: Yes
  • Gas:No Gas: Yes
  • Style:Ranch: Yes
  • Basement Entry:Doghouse: Yes
  • Exterior:Wood Siding: Yes
  • Sewer:Private Sewer: Yes
  • Water Info:Waterfront Amount -: 100.0
  • Water Info:Water Frontage Owned -: 100.0
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:RollingSloping: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Exterior:Vertical Siding: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Has Basement: Full, Doghouse, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Full Basement: Yes

Exterior Features

  • Lot Features: Rolling Slope, Near Golf Course, Near Town
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Wood Siding, Vertical Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 39204.0
  • Parcel #: 479EastCottageRoadportagelake04768
  • Zoning: Shoreland

Tax Info

  • Tax Annual Amount: 2112.44
  • Tax Book Number: 2850
  • Tax Lot: 11
  • Tax Map Number: 23
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2020
Closed on
Jul 22, 2020
Sold by
Burke Christine M and Burke Nelson P
Bought by
Silver Heidi D and Silver Tricia N
Seller's Agent
Chuck Johnston
Big Bear Real Estate Company
Buyer's Agent
Chuck Johnston
Big Bear Real Estate Company
List Price
$115,000
Sold Price
$110,000
Premium/Discount to List
-$5,000
-4.35%
Current Estimated Value
$187,040

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,040
Avg. Annual Appreciation
14.37%
Original Mortgage
$99,000
Outstanding Balance
$89,858
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$129,799
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Silver Heidi D -- None Available
Silver Heidi D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silver Heidi D $99,000
Closed Silver Heidi D $99,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2020 07/27/20 Sold $110,000 -4.3% $107 / Sq Ft
06/08/2020 06/08/20 Pending -- -- --
06/23/2019 06/23/19 For Sale $115,000 -- $112 / 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 $2,118 $141,300 $68,700 $72,600
2023 $1,971 $141,300 $68,700 $72,600
2022 $1,802 $141,300 $68,700 $72,600
2021 $1,872 $141,300 $68,700 $72,600
2020 $1,841 $141,300 $68,700 $72,600
2019 $1,943 $141,300 $68,700 $72,600
2018 $2,112 $141,300 $68,700 $72,600
2017 $1,820 $141,300 $68,700 $72,600
2016 $1,865 $141,300 $68,700 $72,600
2015 $1,872 $141,300 $68,700 $72,600
2014 $1,978 $141,300 $68,700 $72,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1421281

Maine Listings

APN: PORE-000023-000000-000011