NOT LISTED FOR SALE

54 Cottage Rd Limerick, ME 04048

Estimated Value: $553,000 - $583,000

3 Beds
3 Baths
1,536 Sq Ft
$367/Sq Ft Est. Value

Last Sold September 18, 2024

Last sale price $531,000 $346 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,300/month

77 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Home fronts a pond
  • Wood Flooring
  • 100 Feet of Waterfront
  • Ranch Style House
  • Sun or Florida Room

About This Home

As of September 2024

This property has so much to offer. If you've been looking for a great place with a private waterfront, this one is it. This cottage has been completely renovated and is considered a legal year-round home. The back part of the home was added on new in 2016. It is located on its own lot with 100' of water frontage on Pickerel Pond. The water views and sand beach are amazing. It also has its own private boat launch area and more. It is hard to find a waterfront property with this type of sandy water frontage anywhere. The home has 3 bedrooms plus an office and offers 3 bathrooms. The large living room has vaulted ceilings and a pellet stove. There is plenty of natural light, beautiful windows, and custom finishes. Single level living with hardwood flooring throughout and tongue and groove hemlock boards dating back to 1812 on the ceiling. The kitchen has a custom pattern of aspen sunset tile, and the primary bedroom has hand scraped wood flooring and marble lining the primary bathroom. Also, the six panel knotty pine doors add character throughout. There is a built in A/C that cools the entire cottage with ease and the screened in front porch is a great place for watching sunsets and enjoying the views overlooking the pond. Storage shed, newer septic system, and more. Check it out today.

Last Agent to Sell the Property

Brian Rizzo

Rizzo Mattson Brokerage Phone: 207-622-9000 Listed on: 05/17/2024

Last Buyer's Agent

Alberta Byrnes

Keller Williams Realty

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,717

Year Built

  • Built in 1965

Lot Details

  • 0.4 Acre Lot
  • Home fronts a pond
  • 100 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Dirt Road
  • Landscaped
  • Property is zoned Shoreland

HOA Fees

  • $9 Monthly HOA Fees

Property Views

  • Water
  • Scenic Vista

Home Design

  • Ranch Style House
  • Cottage
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,536 Sq Ft Home
  • Living Room
  • Dining Room
  • Home Office
  • Sun or Florida Room

Kitchen

  • Electric Range
  • Stove

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Basement

  • Exterior Basement Entry
  • Dirt Floor
  • Crawl Space

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Outdoor Features

  • Deeded Waterfront Access Rights
  • Beach Access
  • Deep Water Access

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Heating System Uses Propane
  • Pellet Stove burns compressed wood to generate heat
  • Baseboard Heating
  • Private Water Source
  • Tankless Water Heater
  • Private Sewer

Community Details

  • Pickeral Pond Association Subdivision

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 54CottageRoadLimerick04048

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,717

Year Built

Built in 1965

Lot Details

0

HOA Fees

$9 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.4
  • Road Frontage Type: Private
  • Road Surface Type: Gravel
  • Water Body Name: Pickeral Pond
  • MLS Status: Closed
  • Subdivision Name: Pickeral Pond Association
  • Directions: From Central Ave, turn on to Park Street and then turn on to Cottage Road. Property will be on the left.
  • Above Grade Finished Sq Ft: 1536.0
  • Architectural Style: Cottage, Ranch
  • Garage Yn: No
  • Year Built: 1965
  • Attribution Contact: 207-622-9000
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Contract Information:List PriceSqFt: 354.75
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.4
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 1536.0
  • Property Information:Garage: No
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Electric Range: Yes
  • Heat Fuel:Propane: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Location Information:Association Fee: 105.0
  • Location Information:Fee Frequency Paid: Annually
  • Roads:Private: Yes
  • Exterior:Vinyl Siding: Yes
  • Amenities:One-Floor Living: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Water Heater:Tankless: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Full Bath7: Yes
  • Style:Ranch: Yes
  • Parking:On Site2: Yes
  • Office:Office: Yes
  • Sunroom:Sunroom: Yes
  • Basement:Crawl Space: Yes
  • Sewer:Private Sewer: Yes
  • Basement:Dirt Floor: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 100.0
  • Water Info:Water Frontage Owned -: 100.0
  • Recreational Water:Deeded: Yes
  • Style:Cottage: Yes
  • Water:Private2: Yes
  • Dining Room Amenities:Dining Area: Yes
  • Room Features:Dining Area2: Yes
  • View:Scenic: Yes
  • Water Info:Island3: No
  • Transportation:Deep Water Access: Yes
  • Heat Fuel:Pellets: Yes
  • Basement Entry:Exterior Only: Yes
  • Cooling:AC Units: Yes
  • Recreational Water:Beach Rights: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Advertising Remarks:Advertising Remarks: This property has so much to offer. If you've been looking for a great place with a private waterfront, this one is it. This cottage has been completely renovated and is considered a legal year-round home. The back part of the home was added on new in 2016. It is located on its own lot with 100' of water frontage on Pickerel Pond. The water views and sand beach are amazing. It also has its own private boat launch area and more. It is hard to find a waterfront property with this type of sandy water frontage anywhere. The home has 3 bedrooms plus an office and offers 3 bathrooms. The large living room has vaulted ceilings and a pellet stove. There is plenty of natural light, beautiful windows, and custom finishes. Single level living with hardwood flooring throughout and tongue and groove hemlock boards dating back to 1812 on the ceiling. The kitchen has a custom pattern of aspen sunset tile, and the primary bedroom has hand scraped wood flooring and marble lining the primary bathroom. Also, the six panel knotty pine doors add character throughout. There is a built in A/C that cools the entire cottage with ease and the screened in front porch is a great place for watching sunsets and enjoying the views overlooking the pond. Storage shed, newer septic system, and more. Check it out today.
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Electric Range
  • Has Basement: Dirt Floor, Crawl Space, Exterior Only
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: 1st Floor Primary Bedroom w/Bath, One-Floor Living
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First

Exterior Features

  • Lot Features: Landscaped, Near Town, Neighborhood
  • View: Scenic
  • Waterfront Features: Lake, Pond
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Paved, On Site

Utilities

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

Condo/Co-op/Association

  • Association Fee: 105.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 17424.0
  • Parcel #: 54CottageRoadLimerick04048
  • Zoning: Shoreland

Tax Info

  • Tax Annual Amount: 3717.0
  • Tax Lot: 20
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2024
Closed on
Sep 18, 2024
Sold by
Corbin Linda M and Sanborn Forest H
Bought by
Richardson Keven
Seller's Agent
Brian Rizzo
Rizzo Mattson
Buyer's Agent
Alberta Byrnes
Keller Williams Realty
List Price
$575,000
Sold Price
$531,000
Premium/Discount to List
-$44,000
-7.65%
Views
87
Current Estimated Value
$564,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,140
Avg. Annual Appreciation
4.36%
Original Mortgage
$424,800
Outstanding Balance
$419,199
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$144,941
Source: Public Records
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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
Richardson Keven $531,000 None Available
Richardson Keven $531,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richardson Keven $424,800
Closed Richardson Keven $424,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2024 09/18/24 Sold $531,000 -2.6% $346 / Sq Ft
08/03/2024 08/03/24 Pending -- -- --
07/19/2024 07/19/24 Price Changed $544,900 -0.9% $355 / Sq Ft
06/08/2024 06/08/24 Price Changed $550,000 -4.3% $358 / Sq Ft
05/17/2024 05/17/24 For Sale $575,000 -- $374 / Sq Ft
Source: Maine Listings

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
2025 $4,347 $457,575 $206,075 $251,500
2024 $4,347 $457,575 $206,075 $251,500
2023 $3,979 $261,782 $109,011 $152,771
2022 $3,717 $261,782 $109,011 $152,771
2021 $3,476 $209,426 $87,209 $122,217
2020 $3,435 $209,426 $87,209 $122,217
2019 $3,027 $192,195 $87,209 $104,986
2018 $2,476 $153,322 $87,209 $66,113
2017 $2,302 $153,322 $87,209 $66,113
2016 $2,307 $153,322 $87,209 $66,113
2015 $2,239 $153,322 $87,209 $66,113
2014 $2,170 $153,322 $87,209 $66,113
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1590024

Maine Listings

APN: LIME-000024-000000-000020

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