NOT LISTED FOR SALE

50 Tracey Cove Dr Rome, ME 04963

Estimated Value: $876,000 - $1,084,000

4 Beds
2 Baths
1,292 Sq Ft
$748/Sq Ft Est. Value

Last Sold January 09, 2024

Last sale price $830,000 $642 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $5,832/month

64 Days on Market

Highlights

  • 512 Feet of Waterfront
  • Property Near A Cove
  • Loft
  • Belgrade Central School Rated A-
  • Wooded Lot
  • Screened Porch

About This Home

As of January 2024

Welcome to Tranquility on Long Pond, a beautifully appointed, completely furnished and incredibly equipped log cabin located in the heart of the Belgrade Lakes Region.
The interior boasts glistening floors, exposed pine and cathedral ceilings, creating an open and spacious atmosphere with a rustic charm.
The property offers the option for first-floor living, providing accessibility and convenience for those who prefer it, with two additional bedrooms and another full bathroom on the second floor. Additional living spaces can be found on the second floor loft, and finished lower level. A full house water treatment system and automatic generator are added features that ensure a safe stay.
Enjoy the tranquility of the outdoors from the comfort of a spacious screened-in porch, perfect for lounging or dining.
As you make your way to the waterfront, you will find a shed that houses the three kayaks also included with the property.
At the waters edge, there is level access to two docks, as well as a kayak dock.
Long Pond is nearly 7 miles long with a maximum depth of 106 feet. It is perfect for fishing enthusiasts, with an incredible population of smallmouth and largemouth bass, white perch and more. The cleanest of all the Belgrade lakes, Long Pond is also a great place for swimming and power boating.
Tracy Cove offers a quiet, protected location, but is still just minutes away from Belgrade Village by car or boat. This is also an easily commutable location as it is only 20 miles to the Augusta State airport, which offers daily direct flights to Boston's Logan Airport and a Charter Flight Service offering flights nationwide.
In addition to the 212' of owned frontage, association owners have deeded access to a 1.4AC common lot with 300' of waterfront to enjoy.
With excellent year-round rental history, don't miss the opportunity to make this your next lakefront investment, or take advantage of all that this tranquil getaway has to off

Last Agent to Sell the Property

Sarah Carson

Portside Real Estate Group Listed on: 10/09/2023

Last Buyer's Agent

Mary Jo Cross

Coldwell Banker Residential Brokerage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,393

Year Built

  • Built in 1984

Lot Details

  • 0.91 Acre Lot
  • 512 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Dirt Road
  • Level Lot
  • Wooded Lot
  • Property is zoned Shoreland

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Concrete Foundation
  • Shingle Roof
  • Log Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Living Room
  • Loft
  • Screened Porch
  • Storm Windows

Kitchen

  • Stove
  • Gas Range
  • Microwave
  • Formica Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • Property Near A Cove
  • Patio
  • Shed

Utilities

  • Dehumidifier
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Baseboard Heating
  • Hot Water Heating System
  • Power Generator
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic System
  • Private Sewer

Additional Features

  • Level Entry For Accessibility
  • Property is near a golf course

Listing and Financial Details

  • Tax Lot 065
  • Assessor Parcel Number ROME-000019-000000-000065

Community Details

Overview

  • Tracy Cove Association Subdivision

Amenities

  • Community Storage Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,393

Year Built

Built in 1984

Lot Details

0

HOA Fees

$50 per month

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.91
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel, Dirt
  • Water Body Name: Long Pond
  • MLS Status: Closed
  • Subdivision Name: Tracy Cove Association
  • Above Grade Finished Sq Ft: 1092.0
  • Architectural Style: Other
  • Garage Yn: Yes
  • Efficiency: Dehumidifier
  • Year Built: 1984
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.91
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1092.0
  • Property Information:SqFt Finished Below Grade: 200.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Basement:Daylight: Yes
  • Percent Basement Finished: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Electric:Circuit Breakers: Yes
  • Amenities:Storage: Yes
  • Location Information:Association Fee: 600.0
  • Location Information:Fee Frequency Paid: Annually
  • Property Information:Garage Spaces: 1.0
  • Roads:Private: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:One-Floor Living: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:Detached: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Living Room:Living Room: Yes
  • Parking:On Site2: Yes
  • Sewer:Private Sewer: Yes
  • Heat Fuel:Wood2: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 512.0
  • Water Info:Water Frontage Owned -: 212.0
  • Water Info:Water Frontage Shared -: 300.0
  • Water:Private2: Yes
  • Site:Wooded: Yes
  • Appliances Included:Gas Range: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Kitchen Countertop:Formica: Yes
  • Energy Efficiency:Ceiling Fans: Yes
  • View:Scenic: Yes
  • Equipment:Generator: Yes
  • Accessibilitiy Amenities:Level Entry: Yes
  • Energy Efficiency:Dehumidifier: Yes
  • Loft:Loft: Yes
  • Driveway:Reclaimed: Yes
  • Construction:Log: Yes
  • Other Structures:Shed: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Window Features:Storm Windows: Yes
  • Roads:Dirt: Yes
  • Special Features: VirtualTour

Interior Features

  • Furnished: Furnished
  • Appliances: Washer, Refrigerator, Microwave, Gas Range, Dryer
  • Other Equipment: Generator
  • Accessibility Features: Level Entry
  • Has Basement: Walk-Out Access, Daylight, Finished, Full
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 200.0
  • Fireplace: No
  • Flooring: Other
  • Interior Amenities: 1st Floor Bedroom, One-Floor Living, Other, Shower, Storage
  • Window Features: Double Pane Windows, Storm Window(s)
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Bedroom 4 Level: Basement
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Level, Wooded, Near Golf Course, Near Turnpike/Interstate, Near Town, Neighborhood
  • View: Scenic
  • Waterfront Features: Lake, Cove
  • Waterfront: Yes
  • Construction Type: Log Siding, Log
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed(s)
  • Patio And Porch Features: Patio, Screened
  • Roof: Shingle
  • Exterior:Log Siding: Yes
  • Patio And Porch Features:Patio: Yes
  • Window Features:Double Pane Windows: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Reclaimed, On Site, Detached

Utilities

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

Condo/Co-op/Association

  • Association Fee: 600.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 39639.6
  • Parcel #: ROME-000019-000000-000065
  • Zoning: Shoreland

Tax Info

  • Tax Annual Amount: 5393.0
  • Tax Book Number: 12079
  • Tax Lot: 065
  • Tax Map Number: 19
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2023
Closed on
Jan 9, 2024
Sold by
Tracy Cove I Llc
Bought by
Ogrady Greg M and Ogrady Jennifer A
Seller's Agent
Sarah Carson
Portside Real Estate Group
Buyer's Agent
Mary Jo Cross
Coldwell Banker Residential Brokerage
List Price
$984,000
Sold Price
$830,000
Premium/Discount to List
-$154,000
-15.65%
Views
1
Current Estimated Value
$966,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,488
Avg. Annual Appreciation
10.12%

Purchase Details

Closed on
Aug 20, 2015
Sold by
Williams Robert A and Williams Nan E
Bought by
Tracy Cove 1 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.07%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 23, 2013
Sold by
Williams Nancy H and Williams Robert A
Bought by
Orup Elizabeth L and Orup I H

Purchase Details

Closed on
Dec 1, 2005
Sold by
Compesi Jeanine M and Williams Nan E
Bought by
Williams Nan E and Williams Robert A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage
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
Ogrady Greg M $830,000 None Available
Ogrady Greg M $830,000 None Available
Tracy Cove 1 Llc -- --
Orup Elizabeth L -- --
Williams Nan E -- --
Tracy Cove 1 Llc -- --
Orup Elizabeth L -- --
Williams Nan E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tracy Cove 1 Llc $400,000
Previous Owner Williams Nan E $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2024 01/09/24 Sold $830,000 -15.7% $642 / Sq Ft
12/12/2023 12/12/23 Pending -- -- --
10/09/2023 10/09/23 For Sale $984,000 -- $762 / 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 $5,890 $473,100 $331,200 $141,900
2023 $5,535 $473,100 $331,200 $141,900
2022 $5,393 $473,100 $331,200 $141,900
2021 $5,180 $473,100 $331,200 $141,900
2020 $5,011 $465,300 $331,200 $134,100
2019 $4,662 $465,300 $331,200 $134,100
2018 $4,318 $465,300 $331,200 $134,100
2017 $4,174 $465,300 $331,200 $134,100
2016 $4,081 $465,300 $331,200 $134,100
2015 $3,827 $412,800 $286,100 $126,700
2014 $3,827 $412,800 $286,100 $126,700
2005 -- $278,800 $180,100 $98,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1574310

Maine Listings

APN: ROME-000019-000000-000065