NOT LISTED FOR SALE

50 Papoose Island Rd Raymond, ME 04071

Estimated Value: $943,000 - $1,127,000

3 Beds
2 Baths
1,460 Sq Ft
$720/Sq Ft Est. Value

Last Sold September 12, 2020

Last sale price $640,000 $438 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $6,612/month

63 Days on Market

Highlights

  • 99 Feet of Waterfront
  • Family Room with Fireplace
  • Wood Flooring
  • Docks
  • Wooded Lot
  • Main Floor Bedroom

About This Home

As of September 2020

There's only one Sebago Lake and here's your chance to buy your own 3 bedroom, 2 bath year-round vacation home. Magnificently sited, gorgeous views and sandy frontage-great for swimming. Lakeside patio and deck. Two fieldstone fireplaces-one in living room and one in family room. Wet bar in family room.

Last Agent to Sell the Property

Thomas Ferent

Mr. Lakefront Inc. Listed on: 06/01/2020

Last Buyer's Agent

Christopher Girouard

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,418

Year Built

  • Built in 1969

Lot Details

  • 0.31 Acre Lot
  • 99 Feet of Waterfront
  • Lake Front
  • Rural Setting
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Property is zoned shoreland

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Camp Architecture
  • Block Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Wood Siding
  • Vertical Siding

Interior Spaces

  • Wood Burning Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Dining Room
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Stove

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Finished Basement

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

Outdoor Features

  • Mooring
  • Docks
  • Patio
  • Outbuilding

Utilities

  • No Cooling
  • Heating System Uses Wood
  • Baseboard Heating
  • Natural Gas Not Available
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • Tax Lot 27
  • Assessor Parcel Number RYMD-000068-000000-000027

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,418

Year Built

Built in 1969

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.31
  • Water Body Name: Sebago
  • MLS Status: Closed
  • Directions: From 302 to Cape Road, take Cape Road to Quarry Road on left. take right on Papoose Island Road to #50.
  • Above Grade Finished Sq Ft: 820.0
  • Architectural Style: Camp
  • Garage Yn: No
  • Year Built: 1969
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 0.31
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 820.0
  • Property Information:SqFt Finished Below Grade: 640.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Basement:Daylight: Yes
  • Percent Basement Finished: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Electric Range: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Walk-Out: Yes
  • Location Information:Association Fee: 300.0
  • Location Information:Fee Frequency Paid: Annually
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Foundation Materials:Block3: Yes
  • Exterior:Wood Siding: Yes
  • Roof:Pitched: Yes
  • Heat Fuel:Wood2: Yes
  • Living Room Amenities:Wood Burning Fireplace14: Yes
  • Room Features:Wood Burning Fireplace29: Yes
  • Location:Rural: Yes
  • Water Info:Waterfront Amount -: 99.0
  • Water Info:Water Frontage Owned -: 99.0
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Site:RollingSloping: Yes
  • Style:Camp: Yes
  • Family Room:Family Room: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • View:Scenic: Yes
  • Recreational Water:Dock: Yes
  • Exterior:Vertical Siding: Yes
  • Recreational Water:Boat Mooring: Yes
  • Family Room Amenities:Wood Burning Fireplace10: Yes
  • Other Structures:Out Building: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 2
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator, Electric Range
  • Has Basement: Daylight, Finished, Full, Walk-Out Access
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 640.0
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Bedroom
  • Full Basement: Yes
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Basement
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First

Exterior Features

  • Lot Features: Rolling Slope, Wooded, Neighborhood, Rural
  • View: Scenic
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Wood Siding, Vertical Siding, Wood Frame
  • Foundation Details: Block
  • Other Structures: Outbuilding
  • Patio And Porch Features: Patio
  • Roof: Pitched, Shingle
  • Patio And Porch Features:Patio: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Existing on Site
  • Water Source: Private, Well

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 13503.6
  • Parcel #: RYMD-000068-000000-000027
  • Zoning: shoreland

Tax Info

  • Tax Annual Amount: 6418.0
  • Tax Book Number: 16042
  • Tax Lot: 27
  • Tax Map Number: 68
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2020
Closed on
Sep 9, 2020
Sold by
Grande Maine T
Bought by
Green John
Seller's Agent
Thomas Ferent
Mr. Lakefront Inc.
Buyer's Agent
Christopher Girouard
Keller Williams Realty
List Price
$899,900
Sold Price
$640,000
Premium/Discount to List
-$259,900
-28.88%
Total Days on Market
63
Current Estimated Value
$1,050,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$410,710
Avg. Annual Appreciation
10.57%
Original Mortgage
$510,400
Outstanding Balance
$458,058
Interest Rate
2.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$577,544
Source: Public Records

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Range of Values:

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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
Green John -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Green John $510,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2020 09/12/20 Sold $640,000 -28.9% $438 / Sq Ft
08/04/2020 08/04/20 Pending -- -- --
06/01/2020 06/01/20 For Sale $899,900 -- $616 / 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 $9,066 $527,100 $393,800 $133,300
2023 $8,381 $527,100 $393,800 $133,300
2022 $7,907 $527,100 $393,800 $133,300
2021 $6,829 $484,300 $393,800 $90,500
2019 $6,418 $477,200 $393,800 $83,400
2018 $2,192 $477,200 $393,800 $83,400
2017 $5,870 $477,200 $393,800 $83,400
2016 $5,774 $477,200 $393,800 $83,400
2015 $5,703 $477,200 $393,800 $83,400
2014 $5,631 $477,200 $393,800 $83,400
2013 $5,369 $477,200 $393,800 $83,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1454461

Maine Listings

APN: RYMD-000068-000000-000027