NOT LISTED FOR SALE

53 Lakeside Place Princeton, ME 04668

Estimated Value: $164,000 - $199,000

1 Bed
1 Bath
1,000 Sq Ft
$179/Sq Ft Est. Value

Last Sold January 30, 2023

Last sale price $145,000 $145 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,091/month

240 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Wooded Lot
  • Living Room
  • Lake Front
  • Cottage
  • Landscaped

About This Home

As of January 2023

Cabin with beautiful water views! This 1000 square foot, 1 bed 1 bath cabin sits close to Lewey Lake in Princeton. Nestled in a nice, quiet, well-maintained neighborhood, this property can be used as a year-round residence or a potential investment property. The current owners have it listed as a nightly rental. Residents of Lakeside Place share a 3-acre common area on the banks of Lewey Lake, a part of the Grand Lakes Stream system. This area is great for boating, fishing, and other water sports. The common area has picnic tables, a playground for the kids and a dock.
Princeton boasts its own fire and police station. There are also several stores and a rec center. Princeton is within 30 min of Calais with its shopping, hotels, and restaurants.
The Grand Lake Stream system, to which Lewey Lake is a part of, is a large connection of several Ponds and streams, it lays claim to some great fly fishing.
Come take a look at this great property today the possibilities are endless.

Last Agent to Sell the Property

Emily Pond

United Country Lifestyle Properties of Maine Brokerage Phone: 207-794-6164 Listed on: 10/03/2022

Last Buyer's Agent

Janine Hawkins

Eastland Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,143

Year Built

  • Built in 2018

Lot Details

  • 0.5 Acre Lot
  • Lake Front
  • Property fronts a private road
  • Dirt Road
  • Street terminates at a dead end
  • Rural Setting
  • Landscaped
  • Level Lot
  • Open Lot
  • Wooded Lot

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Cottage
  • Concrete Foundation
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,000 Sq Ft Home
  • Living Room
  • Laminate Flooring

Kitchen

  • Electric Range
  • Stove
  • Formica Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Deeded Waterfront Access Rights

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Heating System Mounted To A Wall or Window
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic System
  • Private Sewer

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 53lakesideplprincetonmaine04668

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,143

Year Built

Built in 2018

Lot Details

0

HOA Fees

$29 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.5
  • Road Frontage Type: Private
  • Road Surface Type: Gravel
  • Water Body Name: Lewey Lake
  • MLS Status: Closed
  • Subdivision Name: Yes
  • Directions: From ME-6 lee Rd turn right onto US-1 S for 16 miles, turn right onto West street for .9 miles, to a right onto Lakeside Place. Property is .2 miles on the left
  • Above Grade Finished Sq Ft: 1000.0
  • Architectural Style: Cottage
  • Garage Yn: No
  • Year Built: 2018
  • Attribution Contact: 207-794-6164
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 150.0
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.5
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 1000.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Electric Range: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Location Information:Association Fee: 350.0
  • Location Information:Fee Frequency Paid: Annually
  • Roads:Private: Yes
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Roof:Metal: Yes
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Exterior:Wood Siding: Yes
  • Sewer:Private Sewer: Yes
  • Property Information:Short Sale Continue to Show: No
  • Heat Fuel:Wood2: Yes
  • Location:Rural: Yes
  • Roads:Dead End: Yes
  • Roads:GravelDirt: Yes
  • Recreational Water:Deeded: Yes
  • Style:Cottage: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Property Information:Deed Restrictions: Unknown
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Kitchen Countertop:Formica: Yes
  • View:Scenic: Yes
  • Heat System:Direct Vent Heater: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Advertising Remarks:Advertising Remarks: Cabin with beautiful water views! This 1000 square foot, 1 bed 1 bath cabin sits close to Lewey Lake in Princeton. Nestled in a nice, quiet, well-maintained neighborhood, this property can be used as a year-round residence or a potential investment property. The current owners have it listed as a nightly rental. Residents of Lakeside Place share a 3-acre common area on the banks of Lewey Lake, a part of the Grand Lakes Stream system. This area is great for boating, fishing, and other water sports. The common area has picnic tables, a playground for the kids and a dock. Princeton boasts its own fire and police station. There are also several stores and a rec center. Princeton is within 30 min of Calais with its shopping, hotels, and restaurants. The Grand Lake Stream system, to which Lewey Lake is a part of, is a large connection of several Ponds and streams, it lays claim to some great fly fishing. Come take a look at this great property today the possibilities are endless.
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Electric Range
  • Has Basement: Finished, Full, Interior Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Full Basement: Yes
  • Kitchen Kitchen Level: Second
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Level, Open Lot, Landscaped, Wooded, Rural
  • View: Scenic
  • Waterfront Features: Lake
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Gravel

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove, Other, Direct Vent Heater
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association Fee: 350.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • Pets Allowed: No Restrictions

Schools

  • Junior High Dist: Woodland Public Schools

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 21780.0
  • Parcel #: 53lakesideplprincetonmaine04668
  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 1143.36
  • Tax Lot: 22
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2022
Closed on
Jan 30, 2023
Sold by
Torres Orlando and Torres Penny
Bought by
Maryanne Leblanc Lt
Seller's Agent
Emily Pond
United Country Lifestyle Properties of Maine
Buyer's Agent
Janine Hawkins
Eastland Realty, LLC
List Price
$160,000
Sold Price
$145,000
Premium/Discount to List
-$15,000
-9.38%
Views
1
Current Estimated Value
$178,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,837
Avg. Annual Appreciation
7.64%

Purchase Details

Listed on
Jun 2, 2020
Closed on
Sep 25, 2020
Sold by
Mclaughlin Arnold L
Bought by
Torres Penny and Torres Orlando
Seller's Agent
Heidi Holley
Realty of Maine
Buyer's Agent
Julie Court
Keller Williams Realty
List Price
$95,000
Sold Price
$100,000
Premium/Discount to List
$5,000
5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.13%
Original Mortgage
$90,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2006
Sold by
Kneeland Norris and Dow Patricia A
Bought by
Beal Lorraine
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
Maryanne Leblanc Lt $145,000 None Available
Torres Penny -- None Available
Beal Lorraine -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Torres Penny $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/30/2023 01/30/23 Sold $145,000 -3.3% $145 / Sq Ft
10/17/2022 10/17/22 Price Changed $150,000 -6.3% $150 / Sq Ft
05/05/2022 05/05/22 For Sale $160,000 +60.0% $160 / Sq Ft
09/25/2020 09/25/20 Sold $100,000 +5.3% $123 / Sq Ft View Prior Sale
09/02/2020 09/02/20 Pending -- -- --
06/02/2020 06/02/20 For Sale $95,000 -- $117 / 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
2023 $1,449 $80,730 $25,000 $55,730
2022 $1,259 $80,730 $25,000 $55,730
2021 $1,143 $57,600 $19,200 $38,400
2020 $1,094 $57,600 $19,200 $38,400
2019 $918 $48,300 $19,200 $29,100
2018 $165 $8,600 $8,600 $0
2017 $167 $8,600 $8,600 $0
2016 $155 $8,400 $8,400 $0
2015 $152 $8,400 $8,400 $0
2014 $136 $8,400 $8,400 $0
2013 $122 $8,400 $8,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1527141

Maine Listings

APN: PRNC-000011-000000-000022