NOT LISTED FOR SALE

50 Arab Rd Lee, ME 04455

Estimated Value: $150,000 - $276,000

3 Beds
1 Bath
1,350 Sq Ft
$151/Sq Ft Est. Value

Last Sold November 16, 2018

Last sale price $68,500 $51 Per Sq Ft

Est. 197% increase in value since last sale

Current estimated payment $1,254/month

40 Days on Market

Highlights

  • Nearby Water Access
  • Wooded Lot
  • Main Floor Bedroom
  • LEED For Homes
  • Wood Flooring
  • No HOA

About This Home

As of November 2018

This cute 3 bedroom, 1 bath home sits on 2.78 acres in the village of Lee. This would make a great starter home, vacation home or retirement home. It has 2 first floor bedrooms, a sunny 3 season porch for morning coffee. 1 car garage that could be easily converted back to a 2 car garage. Nice lawn and area for a flower or vegetable garden. This home is just minutes from Silver Lake which has a public boat launch and beach. The ski lodge is nearby for winter family fun. ATV trails and snowmobile trails nearby.

Last Agent to Sell the Property

Vicki Peters

United Country Lifestyle Properties of Maine Brokerage Phone: 207-794-6164 Listed on: 08/23/2018

Last Buyer's Agent

Vicki Peters

United Country Lifestyle Properties of Maine Brokerage Phone: 207-794-6164 Listed on: 08/23/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,186

Year Built

  • Built in 1968

Lot Details

  • 2.78 Acre Lot
  • Rural Setting
  • Level Lot
  • Wooded Lot

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Home Design

  • Bungalow
  • Concrete Foundation
  • Wood Frame Construction
  • Metal Roof
  • Clap Board Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 1,350 Sq Ft Home
  • Living Room

Kitchen

  • Stove
  • Gas Range

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Basement

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Private Water Source
  • Well
  • Septic System
  • Private Sewer
  • High Speed Internet

Additional Features

  • LEED For Homes
  • Nearby Water Access

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 009-A
  • Assessor Parcel Number 50ArabRoadLee04455

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,186

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.78
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From Lincoln take Rt. 6 to the village of Lee at the 4 corners take a right on the Arab Road. Cross the bridge, property is on left.
  • Above Grade Finished Sq Ft: 1350.0
  • Architectural Style: Bungalow
  • Garage Yn: Yes
  • Year Built: 1968
  • Attribution Contact: 207-794-6164
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 2.78
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 1350.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Stove: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 2.0
  • Amenities:Laundry - Hookup: Yes
  • Vehicle Storage:Detached: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Roof:Metal: Yes
  • Living Room:Living Room: Yes
  • Style:Bungalow: Yes
  • Exterior:Clapboard: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Recreational Water:Nearby: Yes
  • Heat Fuel:Wood2: Yes
  • Location:Rural: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Property Information:Deed Restrictions: Unknown
  • Appliances Included:Gas Range: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Equipment:DSL: Yes
  • Green Certification:LEED for Homes: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Gas Range
  • Has Basement: Full, Interior Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: 1st Floor Bedroom
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: Second
  • Primary Bedroom Primary Bedroom Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Level, Wooded, Rural
  • Waterfront: No
  • Construction Type: Clapboard, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Gravel, Detached

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove, Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 121096.8
  • Parcel #: 50ArabRoadLee04455
  • Zoning: RES

Tax Info

  • Tax Annual Amount: 1186.0
  • Tax Book Number: 13307
  • Tax Lot: 009-A
  • Tax Map Number: 005
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2018
Closed on
Nov 19, 2018
Sold by
Stevens Deborah S
Bought by
Levreault Normand
Seller's Agent
Vicki Peters
United Country Lifestyle Properties of Maine
Buyer's Agent
Vicki Peters
United Country Lifestyle Properties of Maine
List Price
$75,000
Sold Price
$68,500
Premium/Discount to List
-$6,500
-8.67%
Current Estimated Value
$203,491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,991
Avg. Annual Appreciation
14.40%
Original Mortgage
$67,258
Outstanding Balance
$60,058
Interest Rate
4.7%
Mortgage Type
FHA
Estimated Equity
$110,525

Purchase Details

Closed on
Aug 27, 2013
Sold by
Stevens Blake E and Stevens Lottie M
Bought by
Stevens Deborah S

Purchase Details

Closed on
Mar 23, 2010
Sold by
Stevens Lottie
Bought by
Stevens Mark L
Source: Public Records

Range of Values:

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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
Levreault Normand -- --
Stevens Deborah S -- --
Stevens Mark L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Levreault Normand $67,258
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2018 11/16/18 Sold $68,500 -8.7% $51 / Sq Ft
10/03/2018 10/03/18 Pending -- -- --
08/23/2018 08/23/18 For Sale $75,000 -- $56 / 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 $1,738 $107,300 $23,600 $83,700
2023 $1,484 $84,800 $18,400 $66,400
2022 $1,316 $67,500 $14,600 $52,900
2021 $1,251 $61,000 $13,100 $47,900
2020 $1,359 $57,200 $12,100 $45,100
2019 $1,298 $57,300 $12,100 $45,200
2018 $1,198 $58,000 $12,100 $45,900
2016 $1,155 $58,800 $12,100 $46,700
2014 $1,177 $59,600 $12,100 $47,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1367413

Maine Listings

APN: LEEX-000005-000000-000009-A000000