NOT LISTED FOR SALE

5 Whip Willow Farm Rd Rangeley, ME 04970

Estimated Value: $494,389 - $718,000

4 Beds
2 Baths
2,000 Sq Ft
$312/Sq Ft Est. Value

Last Sold February 14, 2020

Last sale price $365,000 $182 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $3,594/month

122 Days on Market

Highlights

  • 361 Feet of Waterfront
  • Wood Flooring
  • Marble Countertops
  • Beach Access
  • Main Floor Bedroom
  • Cottage

About This Home

As of February 2020

Enjoy beautiful sunsets and views over the Rangeley Lake from this recently renovated and updated 4-5 bedroom house. Beautiful finishes preserve its history while adding modern functionality with its open concept. The porch, looking at the lake was integrated with the house, bringing its footprint to 2000sf. Perfect for a Main residence or a second home, the house comes with a time share at Rangeley Lake Resort, affording the use of its pool, hot tub and waterfront.

Last Agent to Sell the Property

James Eastlack

Morton & Furbish Agency Listed on: 08/10/2019

Last Buyer's Agent

Margie Jamison

Morton & Furbish Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,979

Year Built

  • Built in 1940

Lot Details

  • 0.56 Acre Lot
  • 361 Feet of Waterfront
  • Lake Front
  • Lot Has A Rolling Slope

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista
  • Mountain

Home Design

  • 2,000 Sq Ft Home
  • Cottage
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Marble Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Unfinished Basement

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

Outdoor Features

  • Beach Access
  • Nearby Water Access

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available

Community Details

  • Road Dues Only For Lodges Condominium Association Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Tax Lot 37A
  • Assessor Parcel Number RANG-000004-000000-000037A

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,979

Year Built

Built in 1940

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.56
  • Road Surface Type: Paved
  • Water Body Name: Rangeley Lake
  • MLS Status: Closed
  • Subdivision Name: Road Dues Only For Lodges Condominium Association
  • Directions: Follow Rte 4 South for 1 mile, on left enter the lodges condominium complex, take first private driveway on the right.
  • Above Grade Finished Sq Ft: 2000.0
  • Architectural Style: Cottage
  • Garage Yn: No
  • Year Built: 1940
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.56
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2000.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Location Information:Association Fee: 300.0
  • Location Information:Fee Frequency Paid: Annually
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Gas:No Gas: Yes
  • Exterior:Wood Siding: Yes
  • Appliances Included:Cooktop: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Water Info:Waterfront Amount -: 361.0
  • Water Info:Water Frontage Shared -: 361.0
  • Style:Cottage: Yes
  • Driveway:Gravel: Yes
  • Site:RollingSloping: Yes
  • Property Information:Deed Restrictions: Yes
  • Property Information:Bank Owned REO: No
  • View:Scenic: Yes
  • View:Mountain(s): Yes
  • Recreational Water:Beach Rights: Yes
  • Kitchen Countertop:Marble: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator, Microwave, Electric Range, Dishwasher, Cooktop
  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom
  • Full Basement: Yes

Exterior Features

  • Lot Features: Rolling Slope, Near Town
  • View: Mountain(s), Scenic
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 300.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 24393.6
  • Parcel #: RANG-000004-000000-000037A
  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 1979.0
  • Tax Book Number: 3426/3521
  • Tax Lot: 37A
  • Tax Map Number: 4
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2019
Closed on
Feb 14, 2020
Sold by
Small Gary and Small Ania
Bought by
Gross Robert A and Watson Cynthia A
Seller's Agent
James Eastlack
Morton & Furbish Agency
Buyer's Agent
Margie Jamison
Morton & Furbish Agency
List Price
$379,000
Sold Price
$365,000
Premium/Discount to List
-$14,000
-3.69%
Current Estimated Value
$624,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,347
Avg. Annual Appreciation
10.02%
Original Mortgage
$260,000
Outstanding Balance
$230,735
Interest Rate
3.72%
Mortgage Type
New Conventional
Estimated Equity
$393,612

Purchase Details

Closed on
Mar 22, 2012
Sold by
Sunset Hill Invst Llc
Bought by
Small Gary and Small Ania
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
Gross Robert A -- None Available
Gross Robert A -- None Available
Gross Robert A -- None Available
Small Gary -- --
Small Gary -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gross Robert A $260,000
Closed Gross Robert A $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2020 02/14/20 Sold $365,000 -3.7% $183 / Sq Ft
12/11/2019 12/11/19 Pending -- -- --
08/10/2019 08/10/19 For Sale $379,000 +36.6% $190 / Sq Ft
12/07/2016 12/07/16 Sold $277,500 0.0% $163 / Sq Ft
09/30/2016 09/30/16 Pending -- -- --
08/18/2016 08/18/16 For Sale $277,500 +0.9% $163 / Sq Ft
01/04/2012 01/04/12 Sold $275,000 -15.4% $162 / Sq Ft
12/06/2011 12/06/11 Pending -- -- --
10/10/2010 10/10/10 For Sale $324,900 -- $191 / 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 $3,100 $253,500 $99,500 $154,000
2023 $3,100 $253,500 $99,500 $154,000
2022 $2,727 $181,100 $71,100 $110,000
2021 $2,232 $150,500 $41,200 $109,300
2020 $2,029 $146,600 $41,200 $105,400
2019 $2,045 $146,600 $41,200 $105,400
2018 $1,979 $146,600 $41,200 $105,400
2017 $1,857 $146,600 $41,200 $105,400
2016 $1,747 $146,600 $41,200 $105,400
2015 $1,745 $152,400 $41,200 $111,200
2014 $1,760 $152,400 $41,200 $111,200
2013 $1,783 $152,400 $41,200 $111,200
Source: Public Records

Agents Affiliated with this Home

  • James Eastlack

    Seller's Agent in 2020

    James Eastlack

    Morton & Furbish Agency

    (207) 670-5058

    262 Total Sales

    James Eastlack
    Section Image
  • Margie Jamison

    Buyer's Agent in 2020

    Margie Jamison

    Morton & Furbish Agency

    (207) 670-7350

    226 Total Sales

    Margie Jamison
    Section Image

  • R

    Buyer's Agent in 2016

    Robert Welch

    Morton & Furbish Agency

See All Agents

Map

Source: Maine Listings

MLS Number: 1428740

Maine Listings

APN: RANG-000004-000000-000037A

Maine Franklin County Rangeley 04970

5 Whip Willow Farm Rd, Rangeley, ME

This home is located at 5 Whip Willow Farm Rd, Rangeley, ME 04970 since 10 August 2019 and is currently estimated at $624,347, approximately $312 per square foot. This property was built in 1940. 5 Whip Willow Farm Rd is a home located in Franklin County with nearby schools including Rangeley Lakes Regional School.

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