NOT LISTED FOR SALE

48 Arbor Way Rangeley, ME 04970

Estimated Value: $412,000 - $442,000

3 Beds
1 Bath
1,512 Sq Ft
$285/Sq Ft Est. Value

Last Sold July 16, 2025

Last sale price $410,000 $271 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,595/month

304 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Contemporary Architecture
  • No HOA
  • 165 Feet of Waterfront
  • Main Floor Bedroom
  • 1.5 Car Detached Garage

About This Home

As of July 2025

QUIMBY POND WATER ACCESS - Located ON the snowmobile trail this log cabin has a nice 1.10 acre lot that offers both privacy and great access for snowmobilers! Property has 2 bedrooms down with a full bath and a large sleeping loft up.... all on a full basement with hot water baseboard heat and woodstove in the living area. Nice standing seam metal roof, generator back up and detached 20x30 garage to store all the toys! Nice log cabin in a nice quiet location with access to Quimby Pond close by for all those who love to fish! Call Today!

Last Agent to Sell the Property

James Eastlack

Morton & Furbish Agency Listed on: 02/08/2025

Last Buyer's Agent

James Eastlack

Morton & Furbish Agency Listed on: 02/08/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,802

Year Built

  • Built in 1988

Lot Details

  • 1.1 Acre Lot
  • 165 Feet of Waterfront
  • Dirt Road
  • Rural Setting
  • Landscaped
  • Property is zoned Woodland

Parking

  • 1.5 Car Detached Garage
  • Gravel Driveway

Home Design

  • Contemporary Architecture
  • Concrete Foundation
  • Metal Roof
  • Log Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,512 Sq Ft Home
  • Dining Room

Kitchen

  • Electric Range
  • Dishwasher
  • Formica Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Unfinished Basement

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

Outdoor Features

  • Deeded Waterfront Access Rights
  • Nearby Water Access

Utilities

  • SEER Rated 13-15 Air Conditioning Units
  • Heating System Uses Kerosene
  • Heating System Uses Oil
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Hot Water Heating System
  • Power Generator
  • Well
  • Septic System

Community Details

  • No Home Owners Association
  • Arbor Way Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 48arborwayrangeley04970

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,802

Year Built

Built in 1988

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.1
  • Road Surface Type: Gravel, Dirt
  • Water Body Name: Quimby Pond
  • MLS Status: Closed
  • Subdivision Name: Arbor Way
  • Directions: Follow rte 4 north for 5.5 mi, right on Quimby Pond Rd for approx 2mi, take right on ARBOR way, follow approx .25 mi, one of last houses on left.
  • Above Grade Finished Sq Ft: 1512.0
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Efficiency: 13 - 15 SEER AC
  • Year Built: 1988
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.1
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 1512.0
  • Property Information:Garage: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: No
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Electric Range: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 1.5
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Roof:Metal: Yes
  • Dining Room:Dining Room: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Heat Fuel:K-1Kerosene: Yes
  • Location:Rural: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 165.0
  • Water Info:Water Frontage Shared -: 165.0
  • Recreational Water:Deeded: Yes
  • Driveway:Gravel: Yes
  • Property Information:Deed Restrictions: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Kitchen Countertop:Formica: Yes
  • Heat System:Direct Vent Heater: Yes
  • Equipment:Generator: Yes
  • Construction:Log: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information 2 Detached Houses on 1 Lot: No
  • Roads:Dirt: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator, Electric Range, Dishwasher
  • Other Equipment: Generator
  • Has Basement: Interior, Bulkhead, Full, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: 1st Floor Bedroom
  • Full Basement: Yes
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Well Landscaped, Rural
  • Waterfront: Yes
  • Construction Type: Log Siding, Log
  • Foundation Details: Concrete Perimeter
  • Roof: Metal
  • Exterior:Log Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.5
  • Parking Features: 1 - 4 Spaces, Gravel, Detached

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 47916.0
  • Parcel #: 48arborwayrangeley04970
  • Zoning: Woodland

Tax Info

  • Tax Annual Amount: 3802.0
  • Tax Book Number: 2565
  • Tax Lot: 12
  • Tax Map Number: 44
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2025
Closed on
Jul 16, 2025
Sold by
Morton Richard F and Morton Deanna R
Bought by
Ledo Justin and Ledo Alyssa
Seller's Agent
James Eastlack
Morton & Furbish Agency
Buyer's Agent
James Eastlack
Morton & Furbish Agency
List Price
$449,000
Sold Price
$410,000
Premium/Discount to List
-$39,000
-8.69%
Views
82
Current Estimated Value
$430,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,742
Avg. Annual Appreciation
21.82%
Original Mortgage
$222,500
Outstanding Balance
$222,123
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$208,619

Purchase Details

Closed on
Dec 23, 2014
Sold by
Morton Richard F and Morton Donald R
Bought by
Leblanc 3Rd Edward J and Leblanc Matthew

Purchase Details

Closed on
Feb 9, 2005
Sold by
Morton Richard F
Bought by
Morton Richard F and Post Kimberly M
Source: Public Records

Range of Values:

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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
Ledo Justin $410,000 --
Ledo Justin $410,000 --
Leblanc 3Rd Edward J -- --
Leblanc 3Rd Edward J -- --
Morton Richard F -- --
Morton Richard F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ledo Justin $222,500
Closed Ledo Justin $222,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2025 07/16/25 Sold $410,000 -4.4% $271 / Sq Ft
06/12/2025 06/12/25 Pending -- -- --
04/03/2025 04/03/25 Price Changed $429,000 -4.5% $284 / Sq Ft
02/08/2025 02/08/25 For Sale $449,000 +9.5% $297 / Sq Ft
02/07/2025 02/07/25 Off Market $410,000 -- --
11/30/2024 11/30/24 Price Changed $449,000 -6.3% $297 / Sq Ft
10/17/2024 10/17/24 Price Changed $479,000 -2.0% $317 / Sq Ft
08/12/2024 08/12/24 For Sale $489,000 -- $323 / 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 $3,810 $311,500 $84,000 $227,500
2023 $3,810 $311,500 $84,000 $227,500
2022 $3,351 $222,500 $60,000 $162,500
2021 $3,300 $222,500 $60,000 $162,500
2020 $3,079 $222,500 $60,000 $162,500
2019 $3,104 $222,500 $60,000 $162,500
2018 $3,004 $222,500 $60,000 $162,500
2017 $2,819 $222,500 $60,000 $162,500
2016 $2,652 $222,500 $60,000 $162,500
2015 $2,548 $222,500 $60,000 $162,500
2014 $2,570 $222,500 $60,000 $162,500
2013 $2,603 $222,500 $60,000 $162,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1600120

Maine Listings

APN: RANG-000044-000000-000012