NOT LISTED FOR SALE

50 Papoose Island Rd Raymond, ME 04071

Estimated Value: $947,000 - $1,296,978

3 Beds
2 Baths
1,460 Sq Ft
$760/Sq Ft Est. Value

Last Sold September 12, 2020

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

Est. 73% increase in value since last sale

Current estimated payment $6,664/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:Seasonal: 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
  • Bedroom 1:Bedroom 1 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%
Current Estimated Value
$1,109,745

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$469,745
Avg. Annual Appreciation
11.52%
Original Mortgage
$510,400
Outstanding Balance
$452,946
Interest Rate
2.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$656,799
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
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

  • T

    Seller's Agent in 2020

    Thomas Ferent

    Mr. Lakefront Inc.

    Section Image

  • C

    Buyer's Agent in 2020

    Christopher Girouard

    Keller Williams Realty

See All Agents

Map

Source: Maine Listings

MLS Number: 1454461

Maine Listings

APN: RYMD-000068-000000-000027

Maine Cumberland County Raymond 04071

50 Papoose Island Rd, Raymond, ME

This home is located at 50 Papoose Island Rd, Raymond, ME 04071 since 01 June 2020 and is currently estimated at $1,109,745, approximately $760 per square foot. This property was built in 1969. 50 Papoose Island Rd is a home located in Cumberland County with nearby schools including Raymond Elementary School, Jordan-Small Middle School, and Windham High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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