NOT LISTED FOR SALE

5 Memory Ln Litchfield, ME 04350

Estimated Value: $343,000 - $466,000

3 Beds
1.5 Baths
1,200 Sq Ft
$347/Sq Ft Est. Value

Last Sold October 14, 2022

Last sale price $385,000 $321 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,622/month

17 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Docks
  • Main Floor Bedroom
  • 102 Feet of Waterfront
  • Wood Flooring
  • 1 Fireplace

About This Home

As of October 2022

Lakefront living at its best! This charming Maine cottage offers gorgeous western sunsets with 102' of owned frontage and your very own private dock on pristine Sand Pond, one of the Tacoma Lakes. You'll love the classic feel of the interior from the natural wood finishes to the traditional stone fireplace. This bungalow features 3 bedrooms/1.5bathroom with applianced kitchen, glassed dining room and living room. Plenty of storage below for kayaks and paddle boards. The outdoor space is wonderful with a sprawling lawn leading to the water's edge. If you're looking for incredible water quality, sandy bottom, boating with a connection to Woodbury Pond and a convenient location close to Meadows Golf Course/Restaurant, Sabattus Disc Golf, local form stands and easy access to I95 you've found it here at 5 Memory Lane!

Last Listed By

Peter Mason

PO-GO REALTY Listed on: 08/24/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,110

Year Built

  • Built in 1930

Lot Details

  • 0.33 Acre Lot
  • 102 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Dirt Road
  • Street terminates at a dead end
  • Seasonal Access to Property
  • Landscaped
  • Level Lot
  • Open Lot
  • Property is zoned Shoreland

Home Design

  • Cottage
  • Bungalow
  • Pillar, Post or Pier Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Water Views
  • Unfinished Basement
  • Exterior Basement Entry
  • Electric Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Primary bedroom located on second floor
  • Bathtub
  • Shower Only

Parking

  • Gravel Driveway
  • On-Site Parking

Outdoor Features

  • Deeded Waterfront Access Rights
  • Docks

Location

  • Property is near a golf course

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Kerosene
  • Natural Gas Not Available
  • The lake is a source of water for the property
  • Seasonal Water
  • Electric Water Heater
  • Private Sewer
  • Internet Available

Community Details

  • No Home Owners Association
  • Community Storage Space

Listing and Financial Details

  • Tax Lot 29
  • Assessor Parcel Number LITD-000012U-000000-000029

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,110

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.33
  • Road Frontage Type: Private
  • Road Surface Type: Gravel
  • Water Body Name: Sand Pond
  • MLS Status: Closed
  • Directions: Route 126/Lewiston Road to Memory Lane to first home on right.
  • Above Grade Finished Sq Ft: 1200.0
  • Architectural Style: Cottage, Bungalow
  • Garage Yn: No
  • Year Built: 1930
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 0.33
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1200.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Appliances Included:Electric Range: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Amenities:Storage: Yes
  • Roads:Private: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Style:Bungalow: Yes
  • Gas:No Gas: Yes
  • Foundation Materials:Stone: Yes
  • Parking:On Site2: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Foundation Materials:PillarPostPier: Yes
  • Sewer:Private Sewer: Yes
  • Property Information:Short Sale Continue to Show: No
  • Heat Fuel:K-1Kerosene: Yes
  • Roads:Dead End: Yes
  • Water Info:Waterfront Amount -: 102.0
  • Water Info:Water Frontage Owned -: 102.0
  • Recreational Water:Deeded: Yes
  • Style:Cottage: Yes
  • Driveway:Gravel: Yes
  • Site:RollingSloping: Yes
  • Water Info:Island3: No
  • Recreational Water:Dock: Yes
  • Water:Seasonal4: Yes
  • Basement Entry:Exterior Only: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Electric Range
  • Has Basement: Exterior Only, Unfinished
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Bedroom, Bathtub, Shower, Storage
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: First
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: Second

Exterior Features

  • Lot Features: Level, Open Lot, Rolling Slope, Landscaped, Near Golf Course, Near Town
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Wood Siding, Shingle Siding, Wood Frame
  • Foundation Details: Stone, Pillar/Post/Pier
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel, On Site

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Seasonal, Lake Drawn

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 14374.8
  • Parcel #: LITD-000012U-000000-000029
  • Zoning: Shoreland

Tax Info

  • Tax Annual Amount: 3110.0
  • Tax Book Number: 12761
  • Tax Lot: 29
  • Tax Map Number: U12
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2022
Closed on
Oct 14, 2022
Sold by
Perreault Cory L and Perreault David P
Bought by
Theriault Melissa and Theriault Rusty
Seller's Agent
Peter Mason
PO-GO REALTY
Buyer's Agent
Sara Brouillard
Bean Group
List Price
$440,000
Sold Price
$385,000
Premium/Discount to List
-$55,000
-12.5%
Total Days on Market
17
Current Estimated Value
$416,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,254
Avg. Annual Appreciation
7.36%

Purchase Details

Listed on
Sep 5, 2017
Closed on
Oct 30, 2017
Sold by
Peters Jeffrey W and Peters Theresa C
Bought by
Perreault Cory L and Perreault David P
Seller's Agent
Lisa Buthlay
RE/MAX Riverside
Buyer's Agent
Elyssa Hackett
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$250,000
Sold Price
$235,000
Premium/Discount to List
-$15,000
-6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.44%
Original Mortgage
$211,500
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2006
Sold by
Litchfield Town Of
Bought by
Peters Theresa and Peters Jeffrey

Purchase Details

Closed on
Sep 13, 2005
Sold by
Carney Magda B
Bought by
Peters Theresa C and Peters Jefferyw

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,000
Interest Rate
5.85%
Mortgage Type
Unknown

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

Similar Homes in Litchfield, ME

  • 51 Forest Ln, Litchfield, ME 04350

    $495,000

    • 2 Beds
    • 1 Bath
    • 990 Sq Ft
    • 51 Forest Ln
    • Litchfield, ME

    At the end of a secluded road, tucked on 7.16 acres, this stunning log cabin sits in a private cove with 900 feet of shoreline on Jimmy Pond and 240 feet of beaver dam—a true retreat. The home is surrounded by nature, providing breathtaking water views from both sides. Step through double French doors into a bright, versatile daylight basement, ready to be transformed to suit your needs.

    Tessie Elwell EXP Realty

    Section Image
  • 2793 Hallowell Rd, Litchfield, ME 04350

    $349,900

    • 4 Beds
    • 1 Bath
    • 2,046 Sq Ft
    • 2793 Hallowell Rd
    • Litchfield, ME

    Welcome to 2793 Hallowell Road, an 1830's farmhouse in the heart of Litchfield. Offering a primary bedroom with an ensuite shared full bathroom, and 3 additional bedrooms on the second floor. Every room in this classic farmhouse is spacious, from the dining room, to the living room, bathroom and all of the bedrooms. Ample living space, with 2,045 finished square footage. Opportunity to turn the

    Keely Walter Portside Real Estate Group

    Section Image
  • 11 Balsam Ln, Litchfield, ME 04350

    $495,000

    • 3 Beds
    • 2 Baths
    • 1,344 Sq Ft
    • 11 Balsam Ln
    • Litchfield, ME

    Quality-built, new construction home in a rising Litchfield subdivision! This beautiful single-story, 3-bedroom, 2-bath home is designed with comfort and convenience in mind. The open-concept layout offers a spacious, inviting feel, perfect for modern living and entertaining. Key features include a well-appointed kitchen, bright living areas, and a primary suite with an ensuite bath for added

    Rachel Bannister EXP Realty

    Section Image

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
Theriault Melissa $385,000 None Available
Perreault Cory L -- --
Peters Theresa -- --
Peters Theresa C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Perreault Cory L $211,500
Previous Owner Peters Jeffrey $151,500
Previous Owner Peters Jeffrey W $161,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2022 10/14/22 Sold $385,000 -12.5% $321 / Sq Ft
09/11/2022 09/11/22 Pending -- -- --
08/24/2022 08/24/22 For Sale $440,000 +87.2% $367 / Sq Ft
10/27/2017 10/27/17 Sold $235,000 -6.0% $196 / Sq Ft
09/30/2017 09/30/17 Pending -- -- --
09/04/2017 09/04/17 For Sale $250,000 -- $208 / 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 $3,765 $264,200 $193,500 $70,700
2023 $3,567 $264,200 $193,500 $70,700
2022 $3,460 $220,100 $161,200 $58,900
2021 $3,110 $220,100 $161,200 $58,900
2020 $3,125 $220,100 $161,200 $58,900
2019 $3,081 $220,100 $161,200 $58,900
2018 $2,741 $169,725 $111,722 $58,003
2017 $2,741 $169,725 $111,722 $58,003
2016 $2,741 $169,725 $111,722 $58,003
2015 $2,639 $169,725 $111,722 $58,003
2014 $2,419 $169,725 $111,722 $58,003
2013 $2,088 $169,725 $111,722 $58,003
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1540940

Maine Listings

APN: LITD-000012U-000000-000029