NOT LISTED FOR SALE

51 Norway Ln Eustis, ME 04936

Estimated Value: $444,000 - $844,000

2 Beds
1 Bath
950 Sq Ft
$698/Sq Ft Est. Value

Last Sold August 25, 2017

Last sale price $226,000 $238 Per Sq Ft

Est. 193% increase in value since last sale

Current estimated payment $3,834/month

37 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Deck
  • Main Floor Bedroom
  • 950 Feet of Waterfront
  • Wood Flooring
  • 1 Fireplace

About This Home

As of August 2017

Breath taking views! Property on 1.03 private, level acres situated on a peninsula with views of Flagstaff Lake and mountains in every direction. This is a rare find. Handmade log home lovingly cared for. 2 car over-sized garage with work bench and room upstairs for additional living or storage built in 2001. Septic system and drilled well on property. Deep water for mooring boat or plane. A real gem!

Last Agent to Sell the Property

Stephanie Frost

Keller Williams Realty Listed on: 06/06/2017

Last Buyer's Agent

Kim Kearing

CSM Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,051

Year Built

  • Built in 1962

Lot Details

  • 1.03 Acre Lot
  • 950 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Dirt Road
  • Street terminates at a dead end
  • Rural Setting
  • Seasonal Access to Property
  • Level Lot
  • Property is zoned limited residential

Property Views

  • Water
  • Scenic Vista
  • Mountain

Home Design

  • Bungalow
  • Pillar, Post or Pier Foundation
  • Metal Roof
  • Log Siding

Interior Spaces

  • 950 Sq Ft Home
  • Furnished
  • 1 Fireplace
  • Screened Porch
  • Wood Flooring

Kitchen

  • Stove
  • Gas Range
  • Microwave
  • Formica Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom
  • Shower Only

Parking

  • Detached Garage
  • Gravel Driveway

Outdoor Features

  • Deeded Waterfront Access Rights
  • Deep Water Access
  • Deck
  • Shed
  • Outbuilding

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Space Heater
  • Heating System Uses Gas
  • Heating System Uses Wood
  • Private Water Source
  • Tankless Water Heater
  • Private Sewer
  • Satellite Dish

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number EUST-000009U-000000-000014

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,051

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.03
  • Road Frontage Type: Private
  • Road Surface Type: Gravel
  • Water Body Name: Flagstaff
  • MLS Status: Closed
  • Directions: Drive north on Rt 27. 2 miles from Down town Stratton and Rt 16. Turn right onto Norway lane. Property at end.
  • Above Grade Finished Sq Ft: 950.0
  • Architectural Style: Bungalow
  • Year Built: 1962
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 237.89
  • Property Information:Seasonal: Yes
  • Property Information:Lot Size Acres -: 1.03
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 950.0
  • Site:Level: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Microwave: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Roads:Private: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:Detached: Yes
  • Roof:Metal: Yes
  • Water Heater:Tankless: Yes
  • Style:Bungalow: Yes
  • Foundation Materials:PillarPostPier: Yes
  • Sewer:Private Sewer: Yes
  • Heat Fuel:Wood2: Yes
  • Location:Rural: Yes
  • Roads:Dead End: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 950.0
  • Water Info:Water Frontage Owned -: 950.0
  • Recreational Water:Deeded: Yes
  • Recreational Water:Waterfront Deep: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Appliances Included:Gas Range: Yes
  • Kitchen Countertop:Formica: Yes
  • Equipment:Satellite Dish: Yes
  • View:Scenic: Yes
  • View:Mountain(s): Yes
  • Amenities:Furniture Included: Yes
  • Transportation:Deep Water Access: Yes
  • Heat System:Space Heater: Yes
  • Cooling:AC Units: Yes
  • Construction:Log: Yes
  • Other Structures:Shed: Yes
  • Other Structures:Out Building: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Advertising Remarks:Advertising Remarks: Breath taking views! Property on 1.03 private, level acres situated on a peninsula with views of Flagstaff Lake and mountains in every direction. This is a rare find. Handmade log home lovingly cared for. 2 car over-sized garage with work bench and room upstairs for additional living or storage built in 2001. Septic system and drilled well on property. Deep water for mooring boat or plane. A real gem! Call listing agent, Stephanie Frost 207-458-9916
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Microwave, Gas Range
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Furniture Included, 1st Floor Bedroom, Shower

Exterior Features

  • Lot Features: Level, Near Town, Rural
  • View: Mountain(s), Scenic
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Log Siding, Log
  • Foundation Details: Pillar/Post/Pier
  • Other Structures: Outbuilding, Shed(s)
  • Patio And Porch Features: Deck, Screened
  • Roof: Metal
  • Exterior:Log Siding: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Cooling: A/C Units, Multi Units
  • Cooling Y N: Yes
  • Heating: Stove, Space Heater
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 44866.8
  • Parcel #: EUST-000009U-000000-000014
  • Zoning: limited residential

Tax Info

  • Tax Annual Amount: 2051.0
  • Tax Lot: 14
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2017
Closed on
Aug 28, 2017
Sold by
Grant Guy C and Grant Frances M
Bought by
Ilsley Derrick J and Ilsley Jamie L
Seller's Agent
Stephanie Frost
Keller Williams Realty
Buyer's Agent
Kim Kearing
CSM Real Estate
List Price
$270,000
Sold Price
$226,000
Premium/Discount to List
-$44,000
-16.3%
Current Estimated Value
$663,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$437,031
Avg. Annual Appreciation
13.76%
Original Mortgage
$180,800
Outstanding Balance
$151,505
Interest Rate
4.03%
Mortgage Type
Commercial
Estimated Equity
$511,526

Purchase Details

Closed on
Oct 20, 2011
Sold by
Grant Frances M and Martin Frances S
Bought by
Drummond Robert S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ilsley Derrick J -- --
Drummond Robert S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ilsley Derrick J $180,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2017 08/25/17 Sold $226,000 -16.3% $238 / Sq Ft
07/14/2017 07/14/17 Pending -- -- --
06/06/2017 06/06/17 For Sale $270,000 -- $284 / 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 $4,322 $493,900 $161,200 $332,700
2023 $4,599 $513,800 $159,200 $354,600
2022 $4,855 $511,000 $159,200 $351,800
2021 $5,117 $396,700 $123,200 $273,500
2020 $4,364 $349,100 $100,700 $248,400
2019 $3,549 $293,300 $100,700 $192,600
2018 $2,086 $159,200 $100,700 $58,500
2017 $2,077 $159,800 $100,700 $59,100
2016 $2,051 $160,600 $100,700 $59,900
2015 $2,134 $161,700 $101,500 $60,200
2014 $1,782 $162,000 $101,500 $60,500
2009 -- $134,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2017

    Stephanie Frost

    Keller Williams Realty

  • K

    Buyer's Agent in 2017

    Kim Kearing

    CSM Real Estate

    (207) 491-9703

    71 Total Sales

    Kim Kearing
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Map

Source: Maine Listings

MLS Number: 1310839

Maine Listings

APN: EUST-000009U-000000-000014

Maine Franklin County Eustis 04936

51 Norway Ln, Eustis, ME

Not Listed for Sale

Detached

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