Seller's Agent in 2023
Kelli Genest
Lakes Region Realty
(207) 432-1987
37 in this area
106 Total Sales
Estimated Value: $627,000 - $697,000
2
Beds
1
Bath
1,128
Sq Ft
$597/Sq Ft
Est. Value
Highlights
- Deeded Waterfront Access Rights
- Docks
- Cape Cod Architecture
- 75 Feet of Waterfront
- Public Beach
- Deck
About This Home
As of December 2023Welcome to 48 Covewood Drive! Located in the heart of the York County Lakes Region on one of Southern Maine's most desirable lakes, this charming 2 bedroom, 1 bath year round cottage is less than 2 hours from Boston, 45 minutes from beaches and less than an hour to skiing. Situated on a level lot with 75' of waterfront on Upper Mousam Lake, the cottage features 2 first floor bedrooms, kitchen/dining room, living room and a great room with fantastic views of the lake. The second floor has 2 rooms for additional sleeping. Other amenities include a deck, 1 car garage and on demand generator. This property has been in the same family for over 50 years. While this cottage exudes nostalgic charm, it also offers a canvas for your personal touch and modern updates. Come take a look!
Last Agent to Sell the Property
Lakes Region Realty Brokerage Phone: 207 432 1987 Listed on: 11/03/2023
Last Buyer's Agent
Lakes Region Realty Brokerage Phone: 207 432 1987 Listed on: 11/03/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,793
Year Built
- Built in 1969
Lot Details
- 0.27 Acre Lot
- 75 Feet of Waterfront
- Lake Front
- Public Beach
- Street terminates at a dead end
- Level Lot
- Wooded Lot
- Property is zoned shoreland
HOA Fees
- $7 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Driveway
Property Views
- Water
- Scenic Vista
Home Design
- Cape Cod Architecture
- Cottage
- Block Foundation
- Wood Frame Construction
- Shingle Roof
- Wood Siding
Interior Spaces
- 1,128 Sq Ft Home
- Great Room
- Living Room
Kitchen
- Electric Range
- Microwave
- Solid Surface Countertops
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- Main Floor Bedroom
- 1 Full Bathroom
- Bathtub
- Shower Only
Laundry
- Dryer
- Washer
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Outdoor Features
- Deeded Waterfront Access Rights
- Docks
- Deck
Utilities
- No Cooling
- Heating System Uses Oil
- Baseboard Heating
- Hot Water Heating System
- Power Generator
- Private Water Source
- Well
- Septic System
- Private Sewer
Listing and Financial Details
- Property held in a trust
- Tax Lot 11
- Assessor Parcel Number ACTN-000143-000000-000011
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 3, 2023
Closed on
Dec 18, 2023
Sold by
Patricia E Spinella Ret and Boshar
Bought by
Maheu Michelle L and Maheu John J
Seller's Agent
Kelli Genest
Lakes Region Realty
Buyer's Agent
Kelli Genest
Lakes Region Realty
List Price
$650,000
Sold Price
$620,000
Premium/Discount to List
-$30,000
-4.62%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,620
Avg. Annual Appreciation
4.39%
Original Mortgage
$434,000
Outstanding Balance
$426,060
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$247,560
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Maheu Michelle L | $620,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Maheu Michelle L | $434,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/18/2023 12/18/23 | Sold | $620,000 | -4.6% | $550 / Sq Ft |
| 11/17/2023 11/17/23 | Pending | -- | -- | -- |
| 11/03/2023 11/03/23 | For Sale | $650,000 | -- | $576 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $4,058 | $574,017 | $473,000 | $101,017 |
| 2023 | $3,702 | $574,017 | $473,000 | $101,017 |
| 2022 | $2,793 | $233,740 | $156,680 | $77,060 |
| 2021 | $2,793 | $233,740 | $156,680 | $77,060 |
| 2020 | $2,817 | $233,740 | $156,680 | $77,060 |
| 2019 | $2,817 | $233,740 | $156,680 | $77,060 |
| 2018 | $2,817 | $233,740 | $156,680 | $77,060 |
| 2017 | $2,782 | $233,740 | $156,680 | $77,060 |
| 2016 | $2,630 | $233,740 | $156,680 | $77,060 |
| 2015 | $2,700 | $233,740 | $156,680 | $77,060 |
| 2014 | $2,595 | $233,740 | $156,680 | $77,060 |
Source: Public Records
Agents Affiliated with this Home
-
Kelli Genest
-
Jane Carmichael
Seller Co-Listing Agent in 2023
Jane Carmichael
Lakes Region Realty
(207) 459-4849
40 in this area
123 Total Sales
Map
Source: Maine Listings
MLS Number: 1576554
APN: ACTN-000143-000000-000011
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.
Homes.com, LLC, 17600 Laguna Canyon Rd Irvine, CA 92618 (888)-952-6393
Nearby Homes
- 52 Covewood Dr
- 26 Covewood Dr
- 60 Covewood Dr
- 43 Covewood Dr
- 19 Avenue G (Off 13th Street)
- 37 Covewood Dr
- 14 Covewood Dr
- 525 13th St
- 76 Covewood Dr
- 67 Covewood Dr
- Lot 2 Covewood
- 84 Covewood Dr
- 533 13th St
- 619 13th St
- 0 Covewood Dr Unit 843727
- 0 Covewood Dr Unit 812332
- 0 Covewood Dr Unit 778907
- 0 Covewood Dr Unit 463817
- 0 Covewood Dr Unit 930198
- 0 Covewood Dr Unit 2775249