NOT LISTED FOR SALE

5 Cole Rd Raymond, ME 04071

Estimated Value: $906,000 - $1,571,000

3 Beds
2 Baths
2,200 Sq Ft
$619/Sq Ft Est. Value

Last Sold June 17, 2024

Last sale price $1,500,000 $682 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $7,887/month

4 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Docks
  • Deck
  • 100 Feet of Waterfront
  • Cape Cod Architecture
  • Wood Flooring

About This Home

As of June 2024

STUNNING LAKEFRONT RETREAT WITH SPECTACULAR VIEWS! Nestled along the serene shores of Little Sebago Lake, this captivating property offers an unparalleled waterfront lifestyle. Breathtaking panoramic views greet you from every angle, showcasing the natural beauty of the lake and its surroundings. Situated in a tranquil and picturesque cove, this property offers the perfect blend of relaxation and convenience. Proximity to shopping, restaurants, and recreational activities ensures an effortless lifestyle for residents. Enjoy direct access to the pristine waters of Little Sebago Lake, with its crystal-clear water and year-round recreation right out your back door; just a few steps to the sandy beach and 100' of your own waterfront. The spacious lower-level family room provides a cozy retreat, while expansive windows frame mesmerizing views of the lake throughout the residence. Whether you're hosting a dinner party or enjoying a quiet meal with family, the open concept kitchen/dining/living area provides the perfect setting, with panoramic views of the lake serving as the backdrop for every occasion. The over-sized two-car garage offers ample space for storage and parking, including access from the lakeside to easily stow away toys for the season. The garage provides a bonus of potential expansion opportunities above. Create a home office or additional recreational area to suit your needs and lifestyle. From summer days spent on the water to winter adventures on the ice, outdoor enthusiasts will delight in the abundance of recreational opportunities. Nature lovers will rejoice in the sounds of nature and the cry of the loons. Don't miss this rare opportunity to own a slice of paradise on the shores of Little Sebago Lake. With its captivating views, inviting atmosphere, and endless recreational possibilities, this property is truly a haven for those seeking the ultimate lakefront lifestyle. It's time for you to experience the essence of lakefront living in Maine!

Last Agent to Sell the Property

Cynthia Rague

RE/MAX Oceanside Listed on: 05/15/2024

RE/MAX Oceanside

Last Buyer's Agent

John Harmon John Carroll

EXP Realty

EXP Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,905

Year Built

  • Built in 1994

Lot Details

  • 0.35 Acre Lot
  • 100 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Landscaped
  • Lot Has A Rolling Slope
  • Property is zoned Shoreland Residentia

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Cape Cod Architecture
  • Contemporary Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Clap Board Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • Family Room
  • Living Room
  • Attic

Kitchen

  • Electric Range
  • Dishwasher
  • Formica Countertops

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Natural lighting in basement

Outdoor Features

  • Deeded Waterfront Access Rights
  • Docks
  • Deck
  • Porch

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Well
  • Septic System
  • Internet Available
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 071 / 315
  • Assessor Parcel Number GRAY-000032-000315-000071

Community Details

Overview

  • Lyons Point Road Association Subdivision

Amenities

  • Community Storage Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,905

Year Built

Built in 1994

Lot Details

0

HOA Fees

$17 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.35
  • Road Frontage Type: Private
  • Water Body Name: Little Sebago Lake
  • MLS Status: Closed
  • Subdivision Name: Lyons Point Road Association
  • Directions: GPS 5 Cole Road, RAYMOND-Route 85 to Brown Road/Lyons Point Road to Cole Road
  • Above Grade Finished Sq Ft: 1176.0
  • Architectural Style: Contemporary, Cape
  • Garage Yn: Yes
  • Year Built: 1994
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.35
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1176.0
  • Property Information:SqFt Finished Below Grade: 1024.0
  • Property Information:Garage: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Basement:Daylight: Yes
  • Percent Basement Finished: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Storage: Yes
  • Location Information:Association Fee: 200.0
  • Location Information:Fee Frequency Paid: Annually
  • Property Information:Garage Spaces: 2.0
  • Roads:Private: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Exterior:Clapboard: Yes
  • Heat System:Multi-Zones: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Attic: Yes
  • Water Info:Waterfront Amount -: 100.0
  • Water Info:Water Frontage Owned -: 100.0
  • Recreational Water:Deeded: Yes
  • Equipment:Internet Access Available: Yes
  • Site:RollingSloping: Yes
  • Family Room:Family Room: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Kitchen Countertop:Formica: Yes
  • Equipment:Cable: Yes
  • Equipment:Satellite Dish: Yes
  • Vehicle Storage:Storage Above: Yes
  • View:Scenic: Yes
  • Basement:Sump Pump: Yes
  • Recreational Water:Dock: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Electric Range, Dryer, Dishwasher
  • Has Basement: Walk-Out Access, Daylight, Finished, Full, Sump Pump
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1024.0
  • Fireplace: No
  • Interior Amenities: Attic, Pantry, Storage
  • Full Basement: Yes
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Basement
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Rolling Slope, Landscaped, Near Shopping, Neighborhood
  • View: Scenic
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Wood Siding, Clapboard, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Paved, Garage Door Opener, Inside Entrance, Storage

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 200.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • Pets Allowed: No Restrictions

Schools

  • Junior High Dist: RSU 15/MSAD 15

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 15246.0
  • Parcel #: GRAY-000032-000315-000071
  • Zoning: Shoreland Residentia

Tax Info

  • Tax Annual Amount: 6905.0
  • Tax Block: 315
  • Tax Book Number: 10596
  • Tax Lot: 071
  • Tax Map Number: 32
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2024
Closed on
Jun 17, 2024
Sold by
Metayer A J A and Metayer Elizabeth
Bought by
Douglas W Macdonald T W and Douglas Macdonald
Seller's Agent
Cynthia Rague
RE/MAX Oceanside
Buyer's Agent
John Harmon John Carroll
EXP Realty
List Price
$1,450,000
Sold Price
$1,500,000
Premium/Discount to List
$50,000
3.45%
Views
29
Current Estimated Value
$1,361,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$138,546
Avg. Annual Appreciation
-7.35%

Purchase Details

Closed on
Aug 23, 2023
Sold by
Thompson Ursula M
Bought by
Decteau Daniel R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,000
Interest Rate
7.99%
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
Douglas W Macdonald T W $1,500,000 None Available
Douglas W Macdonald T W $1,500,000 None Available
Decteau Daniel R $299,000 None Available
Decteau Daniel R $299,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Decteau Daniel R $149,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2024 06/17/24 Sold $1,500,000 +3.4% $682 / Sq Ft
05/20/2024 05/20/24 Pending -- -- --
05/15/2024 05/15/24 For Sale $1,450,000 -- $659 / 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 $8,156 $840,800 $423,300 $417,500
2023 $6,905 $454,900 $206,800 $248,100
2022 $6,346 $454,900 $206,800 $248,100
2021 $6,314 $432,200 $206,800 $225,400
2020 $6,375 $432,200 $206,800 $225,400
2019 $6,375 $432,200 $206,800 $225,400
2018 $6,051 $432,200 $206,800 $225,400
2017 $6,041 $334,700 $183,800 $150,900
2016 $6,125 $334,700 $183,800 $150,900
2015 $6,092 $334,700 $183,800 $150,900
2014 $6,092 $334,700 $183,800 $150,900
2012 $5,305 $334,689 $183,800 $150,889
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1588622

Maine Listings

APN: GRAY-000032-000315-000071