$270,000
SOLD OCT 14, 2016

50 Red Gate Ln Acton, ME 04001

3 Beds
1 Bath
1,631 Sq Ft
0.36 Acres

Recently Sold

$166 Per Sq Ft

7% Below List Price

48 Days on Market

Highlights

  • 102 Feet of Waterfront
  • Deep Water Access
  • Wooded Lot
  • Docks
  • Cape Cod Architecture
  • Main Floor Bedroom

About This Home

As of August 2022

Southern ME Class A lake  Great East! 3 Bedroom cottage with nice level yard, outside fire place, and superb swimming! Old Fashioned wood cook stove in ki, plus 2 other wood stoves, fairly open concept w/lake views from nearly every room. Loads of Knotty Pine ensures the cabin at the lake feeling ~ finished room in daylight basement and a work shop area. Garage for boat storage and an operating chair lift' for ease- Cabin has previously been used year round.

Last Agent to Sell the Property

Tammy Baker

Real Estate 2000 ME/NH Listed on: 06/03/2016

Last Buyer's Agent

Kathi Worster

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,621

Year Built

  • Built in 1940

Lot Details

  • 0.36 Acre Lot
  • 102 Feet of Waterfront
  • Lake Front
  • Dirt Road
  • Rural Setting
  • Level Lot
  • Open Lot
  • Wooded Lot
  • Property is zoned Shoreland

Home Design

  • Cape Cod Architecture
  • Cottage
  • Concrete Foundation
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Furnished
  • Built-In Features
  • Family Room
  • Living Room
  • Dining Room
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Stove
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom
  • Bathtub

Laundry

  • Dryer
  • Washer

Finished Basement

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

Parking

  • Detached Garage
  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Deep Water Access
  • Docks

Utilities

  • No Cooling
  • Heating System Uses Wood
  • Baseboard Heating
  • Natural Gas Not Available
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic System
  • Private Sewer
  • Internet Available
  • Satellite Dish
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Community Storage Space

Listing and Financial Details

  • Tax Lot 19

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,621

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.36
  • Road Surface Type: Gravel
  • Water Body Name: Great East
  • MLS Status: Closed
  • Subdivision Name: NOne
  • Directions: Route 109 in Acton to H Road ( at Acton Town Hall). Go approx 2 miles and take Lakeside Drive on your left. Then Right onto Red Gate Lane. Property on right.
  • Above Grade Finished Sq Ft: 1131.0
  • Architectural Style: Cottage, Cape
  • Garage Yn: Yes
  • Year Built: 1940
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.36
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 1131.0
  • Property Information:SqFt Finished Below Grade: 500.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Basement:Daylight: Yes
  • Percent Basement Finished: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Washer: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Storage: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Vehicle Storage:Detached: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Dining Room:Dining Room: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Parking:On Site2: Yes
  • Foundation Materials:Block3: Yes
  • Amenities:Bathtub: Yes
  • Sewer:Private Sewer: Yes
  • Heat Fuel:Wood2: Yes
  • Location:Rural: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 102.0
  • Water Info:Water Frontage Owned -: 102.0
  • Recreational Water:Waterfront Deep: Yes
  • Style:Cottage: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Equipment:Internet Access Available: Yes
  • Site:RollingSloping: Yes
  • Family Room:Family Room: Yes
  • Property Information:Deed Restrictions: Unknown
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Equipment:Cable: Yes
  • Equipment:Satellite Dish: Yes
  • Amenities:Furniture Included: Yes
  • Transportation:Deep Water Access: Yes
  • Recreational Water:Dock: Yes
  • Living Room Amenities:Heat Stove5: Yes
  • Dining Room Amenities:Informal: Yes
  • Family Room Amenities:Built-Ins10: Yes
  • Family Room Amenities:Heat Stove9: Yes
  • Kitchen Amenities:Heat Stove7: 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: Washer, Refrigerator, Electric Range, Dryer, Dishwasher
  • Has Basement: Walk-Out Access, Daylight, Finished, Full, Interior Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 500.0
  • Interior Amenities: Furniture Included, 1st Floor Bedroom, Bathtub, Storage
  • Full Basement: Yes
  • Bedroom 2 Level: First
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Level, Open Lot, Rolling Slope, Wooded, Rural
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Block, Concrete Perimeter
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel, On Site, Detached, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove, Baseboard
  • 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
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 15681.6
  • Parcel #: 999999
  • Zoning: Shoreland

Tax Info

  • Tax Annual Amount: 3621.0
  • Tax Book Number: 7388
  • Tax Lot: 19
  • Tax Map Number: 119
  • Tax Year: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2022
Sold by
Mcgarry Jacqueline J and Mcgarry Patrick J
Bought by
Mcgarry Ft and Mcgarry
Current Estimated Value
$798,769

Purchase Details

Listed on
Jun 17, 2022
Closed on
Aug 4, 2022
Sold by
Letchworth Wendy L
Bought by
Mcgarry Jacqueline J and Mcgarry Patrick J
Seller's Agent
Scott Sheppard
RE/MAX Shoreline
Buyer's Agent
Kimberly Curless
Coldwell Banker Team Real Estate
List Price
$684,900
Sold Price
$690,000
Premium/Discount to List
$5,100
0.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.30%
Original Mortgage
$390,000
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jun 3, 2016
Closed on
Oct 17, 2016
Sold by
White Lt and Eason
Bought by
Letchworth Wendy L
Seller's Agent
Tammy Baker
Real Estate 2000 ME/NH
Buyer's Agent
Kathi Worster
Coldwell Banker Realty
List Price
$290,000
Sold Price
$270,000
Premium/Discount to List
-$20,000
-6.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.53%
Original Mortgage
$276,480
Interest Rate
3.46%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Quit Claim Deed -- None Available
Warranty Deed $690,000 None Available
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $390,000 Purchase Money Mortgage
Previous Owner $113,512 Balloon
Previous Owner $276,480 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2022 08/04/22 Sold $690,000 +0.7% $423 / Sq Ft
06/19/2022 06/19/22 Pending -- -- --
06/17/2022 06/17/22 For Sale $684,900 +153.7% $420 / Sq Ft
10/14/2016 10/14/16 Sold $270,000 -6.9% $166 / Sq Ft
07/22/2016 07/22/16 Pending -- -- --
06/03/2016 06/03/16 For Sale $290,000 -- $178 / 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 $4,869 $688,702 $537,490 $151,212
2023 $4,442 $688,702 $537,490 $151,212
2022 $3,746 $313,463 $228,006 $85,457
2021 $3,746 $313,463 $228,006 $85,457
2020 $3,777 $313,463 $228,006 $85,457
2019 $3,777 $313,463 $228,006 $85,457
2018 $3,777 $313,463 $228,006 $85,457
2017 $3,730 $313,463 $228,006 $85,457
2016 $3,526 $313,463 $228,006 $85,457
2015 $3,620 $313,463 $228,006 $85,457
2014 $3,479 $313,463 $228,006 $85,457
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1267578

Maine Listings

APN: ACTN-000119-000000-000019