NOT LISTED FOR SALE

494 Point Dr Mount Vernon, ME 04352

Estimated Value: $366,000 - $795,769

2 Beds
1.5 Baths
1,152 Sq Ft
$535/Sq Ft Est. Value

Last Sold April 01, 2016

Last sale price $465,000 $404 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $4,101/month

24 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Docks
  • Chalet
  • 425 Feet of Waterfront
  • 8.25 Acre Lot
  • Deck

About This Home

As of April 2016

Private 8.25 acres on one of the most pristine lakes in Central Maine. Highly sought after Echo Lake with open views, rocky frontage, 425' of deep water and a gazebo at the water's edge. Year-round home w/ open floor plan and cathedral ceilings, brick hearth with stove, expansive deck overlooking the lake, 2 bathrooms and patio off the living room. Use all the acreage to stay private, create a family compound or build your forever home. Lot can be divided. Gated entrance & one of the largest lots on the lake.

Last Agent to Sell the Property

Les Priest

Better Homes & Gardens Real Estate/The Masiello Group Listed on: 01/18/2016

Better Homes & Gardens Real Estate/The Masiello Group

Last Buyer's Agent

Jean Kirkpatrick

Rizzo Mattson

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,028

Year Built

  • Built in 1984

Lot Details

  • 8.25 Acre Lot
  • 425 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Dirt Road
  • Street terminates at a dead end
  • Rural Setting
  • Landscaped
  • Level Lot
  • Wooded Lot
  • Property is zoned Shoreland

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista
  • Woods

Home Design

  • Chalet
  • Slab Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,152 Sq Ft Home
  • Cathedral Ceiling
  • Living Room
  • Dining Room
  • Laundry on main level

Kitchen

  • Electric Range
  • Stove
  • Formica Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom

Outdoor Features

  • Deeded Waterfront Access Rights
  • Deep Water Access
  • Docks
  • Deck
  • Shed
  • Outbuilding

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window
  • Well
  • Electric Water Heater
  • Septic System

Community Details

  • Hemlock Shores Subdivision

Listing and Financial Details

  • Tax Lot 002
  • Assessor Parcel Number 494Point DriveMountVerR10002

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,028

Year Built

Built in 1984

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 8.25
  • Road Frontage Type: Private
  • Road Surface Type: Gravel
  • Water Body Name: Echo
  • MLS Status: Closed
  • Subdivision Name: Hemlock Shores
  • Directions: From Augusta - West on Route 202 to Manchester - Right on Route 17 to Readfield and through Kents Hill - Just before Fayette Country Store turn Right - Go almost to the end - Point Rd becomes Hemlock Lane - Property on Left. Gate at road.
  • Above Grade Finished Sq Ft: 1152.0
  • Architectural Style: Chalet
  • Year Built: 1984
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 8.25
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1152.0
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Electric Range: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Location Information:Association Fee: 500.0
  • Location Information:Fee Frequency Paid: Annually
  • Roads:Private: Yes
  • Foundation Materials:Slab: Yes
  • Water Heater:Electric2: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Roof:Pitched: Yes
  • Location:Rural: Yes
  • Roads:Dead End: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 425.0
  • Water Info:Water Frontage Owned -: 425.0
  • Recreational Water:Deeded: Yes
  • Recreational Water:Waterfront Deep: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Kitchen Countertop:Formica: Yes
  • View:Scenic: Yes
  • Heat System:Direct Vent Heater: Yes
  • Recreational Water:Dock: Yes
  • Living Room Amenities:Heat Stove5: Yes
  • Dining Room Amenities:Cathedral Ceiling15: Yes
  • Kitchen Amenities:Vaulted Ceiling12: Yes
  • Bedroom 1 Amenities:Vaulted Ceiling: Yes
  • Exterior:Stucco: Yes
  • Other Structures:Shed: Yes
  • Other Structures:Out Building: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Electric Range
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: 1st Floor Bedroom
  • Bedroom 2 Level: First
  • Dining Room Dining Room Level: Second
  • Kitchen Kitchen Level: Second
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Level, Landscaped, Wooded, Rural
  • View: Scenic, Trees/Woods
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Wood Siding, Stucco, Wood Frame
  • Foundation Details: Slab
  • Other Structures: Outbuilding, Shed(s)
  • Patio And Porch Features: Deck
  • Roof: Pitched, Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 500.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 359370.0
  • Parcel #: 494Point DriveMountVerR10002
  • Zoning: Shoreland

Tax Info

  • Tax Annual Amount: 5028.0
  • Tax Book Number: 5265
  • Tax Lot: 002
  • Tax Map Number: R10
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2016
Closed on
Apr 11, 2016
Sold by
Pfaffle Ruth I
Bought by
Hirsh Leonard F and Davies Leslie A
Seller's Agent
Les Priest
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Jean Kirkpatrick
Rizzo Mattson
List Price
$500,000
Sold Price
$465,000
Premium/Discount to List
-$35,000
-7%
Current Estimated Value
$615,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,923
Avg. Annual Appreciation
2.67%
Original Mortgage
$348,750
Outstanding Balance
$280,257
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$316,017
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
Hirsh Leonard F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hirsh Leonard F $348,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2016 04/01/16 Sold $465,000 -7.0% $404 / Sq Ft
02/11/2016 02/11/16 Pending -- -- --
01/17/2016 01/17/16 For Sale $500,000 -- $434 / 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 $8,744 $416,400 $261,000 $155,400
2023 $7,912 $416,400 $261,000 $155,400
2022 $7,703 $416,400 $261,000 $155,400
2021 $6,871 $416,400 $261,000 $155,400
2020 $7,287 $416,400 $261,000 $155,400
2019 $7,308 $416,400 $261,000 $155,400
2018 $7,120 $416,400 $261,000 $155,400
2017 $5,826 $340,700 $261,000 $79,700
2014 $5,078 $334,100 $254,400 $79,700
2008 -- $334,100 $254,400 $79,700
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2016

    Les Priest

    Better Homes & Gardens Real Estate/The Masiello Group

    Section Image
  • Jean Kirkpatrick

    Buyer's Agent in 2016

    Jean Kirkpatrick

    Rizzo Mattson

    (207) 441-5611

    3 in this area

    119 Total Sales

    Jean Kirkpatrick
    Section Image
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Map

Source: Maine Listings

MLS Number: 1248631

Maine Listings

APN: MTVR-000010-000000-000002-R000000

Maine Kennebec County Mount Vernon 04352

494 Point Dr, Mount Vernon, ME

This home is located at 494 Point Dr, Mount Vernon, ME 04352 since 18 January 2016 and is currently estimated at $615,923, approximately $534 per square foot. This property was built in 1984. 494 Point Dr is a home located in Kennebec County.

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