NOT LISTED FOR SALE

50 Legacy Rd Raymond, ME 04071

Estimated Value: $378,000 - $460,000

1 Bed
1 Bath
844 Sq Ft
$495/Sq Ft Est. Value

Last Sold July 29, 2016

Last sale price $225,000 $267 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $2,464/month

19 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Double Pane Windows
  • Heating System Mounted To A Wall or Window
  • Cottage
  • Carpet

About This Home

As of July 2016

Charming Cottage with 50 ft of sandy bottom frontage facing west on Raymond Pond. Plenty of fun awaits in your "turn-key", recently remodeled home! New septic, roof, siding, windows, wiring, insulation makes for Three Season Comfort. Just drill a well to make it year-round. One bedroom, but a fully insulated sleeping loft as well as sleep sofa(s) make it enjoyable for a family and friends. The Pond offers great boating, swimming and bass fishing! A great Value!

Last Agent to Sell the Property

David Heath

Krainin Real Estate Listed on: 06/05/2016

Last Buyer's Agent

Scott Richard

Krainin Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,199

Year Built

  • Built in 1959

Lot Details

  • 8,276 Sq Ft Lot
  • 50 Feet of Waterfront
  • Seasonal Access to Property
  • Property is zoned LRR1

HOA Fees

  • $13 Monthly HOA Fees

Property Views

  • Water
  • Scenic Vista
  • Woods

Home Design

  • Cottage
  • Shingle Roof

Interior Spaces

  • 844 Sq Ft Home
  • Double Pane Windows
  • Exterior Basement Entry

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Heating System Mounted To A Wall or Window
  • Private Water Source
  • The lake is a source of water for the property
  • Seasonal Water
  • Septic Design Available
  • Private Sewer

Community Details

  • Raymond Pond Road Assoc. Subdivision

Listing and Financial Details

  • Tax Lot 004
  • Assessor Parcel Number RYMD-000025-000000-000004

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,199

Year Built

Built in 1959

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.19
  • Water Body Name: Raymond
  • MLS Status: Closed
  • Subdivision Name: Raymond Pond Road Assoc.
  • Directions: Rt 85 to Raymond Hill Rd.; Swan Rd. to stop and right on Legacy. Just up hill to Agency sign on the left
  • Above Grade Finished Sq Ft: 844.0
  • Architectural Style: Cottage
  • Year Built: 1959
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 266.59
  • Property Information:Seasonal: Yes
  • Water Info:Water View2: Yes
  • Water Info:Waterfront Amount -: 50.0
  • Water Info:Water Frontage Owned -: 50.0
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None

Interior Features

  • Has Basement: Exterior Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: Storm Door(s)
  • Flooring: Carpet, Vinyl
  • Window Features: Double Pane Windows

Exterior Features

  • View: Scenic, Trees/Woods
  • Waterfront: Yes
  • Exclusions: no
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Design Available, Septic Tank
  • Utilities: Utilities On
  • Water Source: Lake Drawn, Private, Seasonal

Condo/Co-op/Association

  • Association Fee: 150.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Junior High Dist: RSU 14

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8276.4
  • Parcel #: RYMD-000025-000000-000004
  • Zoning: LRR1

Tax Info

  • Tax Annual Amount: 2199.0
  • Tax Lot: 004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2016
Closed on
Aug 1, 2016
Sold by
Bouthillette Richard M
Bought by
Lynch Lisa J and Lynch Daniel F
Seller's Agent
David Heath
Krainin Real Estate
Buyer's Agent
Scott Richard
Krainin Real Estate
List Price
$235,000
Sold Price
$225,000
Premium/Discount to List
-$10,000
-4.26%
Current Estimated Value
$416,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,904
Avg. Annual Appreciation
6.84%
Original Mortgage
$175,000
Outstanding Balance
$139,899
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$277,982
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lynch Lisa J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lynch Lisa J $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2016 07/29/16 Sold $225,000 -4.3% $267 / Sq Ft
06/25/2016 06/25/16 Pending -- -- --
06/05/2016 06/05/16 For Sale $235,000 -- $278 / 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 $3,165 $184,000 $150,400 $33,600
2023 $2,926 $184,000 $150,400 $33,600
2022 $2,760 $184,000 $150,400 $33,600
2021 $2,594 $184,000 $150,400 $33,600
2019 $2,475 $184,000 $150,400 $33,600
2018 $2,521 $184,000 $150,400 $33,600
2017 $2,263 $184,000 $150,400 $33,600
2016 $2,226 $184,000 $150,400 $33,600
2015 $2,199 $184,000 $150,400 $33,600
2014 $2,171 $184,000 $150,400 $33,600
2013 $2,013 $178,900 $150,400 $28,500
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    David Heath

    Krainin Real Estate

    32 Total Sales

    David Heath
    Section Image

  • S

    Buyer's Agent in 2016

    Scott Richard

    Krainin Real Estate

    Section Image
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Map

Source: Maine Listings

MLS Number: 1267743

Maine Listings

APN: RYMD-000025-000000-000004

Maine Cumberland County Raymond 04071

50 Legacy Rd, Raymond, ME

Not Listed for Sale

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