NOT LISTED FOR SALE

54 Forest Ave Windham, ME 04062

Estimated Value: $447,000 - $607,489

3 Beds
2 Baths
1,248 Sq Ft
$425/Sq Ft Est. Value

Last Sold August 13, 2018

Last sale price $330,000 $264 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $3,239/month

3 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Deck
  • Main Floor Bedroom
  • Docks
  • Wood Flooring
  • Loft

About This Home

As of August 2018

This is the one you were hoping would come on the market this summer & the photos say it all. Wonderful lake front cottage with 50' +/- frontage on Forest Lake with spectacular views. Relax on the oversized deck & cast off your kayaks & boats right from your very own lake front dock. Less than 10 min to I95 and Only 20 minutes to downtown Portland, yet feels like you're in the middle of nowhere. This is a great property and won't last long.

Last Agent to Sell the Property

Ridge York

Blue Lobster Real Estate Listed on: 06/29/2018

Last Buyer's Agent

Alexander Matthews

Landing Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,911

Year Built

  • Built in 1950

Lot Details

  • 6,970 Sq Ft Lot
  • 50 Feet of Waterfront
  • Lake Front
  • Dirt Road
  • Rural Setting
  • Lot Has A Rolling Slope

HOA Fees

  • $8 Monthly HOA Fees

Property Views

  • Water
  • Scenic Vista

Home Design

  • Cottage
  • Bungalow
  • Block Foundation
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • Living Room
  • Loft
  • Storage

Kitchen

  • Electric Range
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

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

Parking

  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Docks
  • Deck

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Private Water Source
  • Private Sewer

Community Details

  • Forest Lake Association Subdivision

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number WINM-000036-000000-000044

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,911

Year Built

Built in 1950

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • Road Surface Type: Gravel
  • Water Body Name: Forest Lake
  • MLS Status: Closed
  • Subdivision Name: Forest Lake Association
  • Directions: Route 100 to Black Strap Rd, R onto Forest Lake Road, L on Forest Lane. Forest Lane turns from pavement to dirt road & becomes Forest Ave in Windham. Look for sign on Right.
  • Above Grade Finished Sq Ft: 748.0
  • Architectural Style: Cottage, Bungalow
  • Garage Yn: No
  • Year Built: 1950
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 264.42
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.16
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 748.0
  • Property Information:SqFt Finished Below Grade: 500.0
  • Property Information:Garage: No
  • 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
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Walk-Out: Yes
  • Location Information:Association Fee: 100.0
  • Location Information:Fee Frequency Paid: Annually
  • Exterior:Vinyl Siding: Yes
  • Condominium:FHA Certification2: No
  • Kitchen Countertop:Granite: Yes
  • Roof:Metal: Yes
  • Living Room:Living Room: Yes
  • Style:Bungalow: Yes
  • Foundation Materials:Block3: Yes
  • Sewer:Private Sewer: Yes
  • Location:Rural: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 50.0
  • Water Info:Water Frontage Owned -: 50.0
  • Style:Cottage: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:RollingSloping: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • View:Scenic: Yes
  • Water Info:Island3: No
  • Recreational Water:Dock: Yes
  • Loft:Loft: Yes
  • Loft Amenities:Storage2: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Advertising Remarks:Advertising Remarks: Open House Sunday, July 1st from 2:00 - 4:00 PM. This is the one you were hoping would come on the market this summer & the photos say it all. Wonderful lake front cottage with 50' +/- frontage on Forest Lake with spectacular views. Relax on the oversized deck & cast off your kayaks & boats right from your very own lake front dock. Less than 10 min to I95 and Only 20 minutes to downtown Portland, yet feels like you're in the middle of nowhere. This is a great property and won't last long. Forre information or to schedule a private viewing contact: Ridge York, CRS 207-650-0888 or Ridge@ridgeyork.com
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Electric Range, Dryer
  • Has Basement: Walk-Out Access, Daylight, Finished, Full
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 500.0
  • Full Basement: Yes
  • Bedroom 2 Level: Basement
  • Bedroom 3 Level: Basement
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Rolling Slope, Rural
  • View: Scenic
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Block
  • Patio And Porch Features: Deck
  • Roof: Metal
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Utilities: Utilities On
  • Water Source: Private

Condo/Co-op/Association

  • Association Fee: 100.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6969.6
  • Parcel #: WINM-000036-000000-000044
  • Zoning: SFR

Tax Info

  • Tax Annual Amount: 2911.0
  • Tax Lot: 6
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2018
Closed on
Aug 15, 2018
Sold by
Lumb Heather
Bought by
Rioux Michael and Rioux Susan
Seller's Agent
Ridge York
Blue Lobster Real Estate
Buyer's Agent
Alexander Matthews
Landing Real Estate
List Price
$315,000
Sold Price
$330,000
Premium/Discount to List
$15,000
4.76%
Current Estimated Value
$530,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,372
Avg. Annual Appreciation
6.64%
Original Mortgage
$297,000
Outstanding Balance
$257,932
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$272,440

Purchase Details

Listed on
Aug 9, 2012
Closed on
Nov 1, 2012
Sold by
Banta Elizabeth S
Bought by
Lumb Heather
Seller's Agent
Louis Croce
Bean Group
Buyer's Agent
Bruce Ludka
Maine Realty 2000
List Price
$279,900
Sold Price
$259,000
Premium/Discount to List
-$20,900
-7.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.27%
Original Mortgage
$199,000
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Rioux Michael -- --
Lumb Heather -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rioux Michael $297,000
Previous Owner Lumb Heather $199,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/13/2018 08/13/18 Sold $330,000 +4.8% $264 / Sq Ft
07/03/2018 07/03/18 Pending -- -- --
06/29/2018 06/29/18 For Sale $315,000 +21.6% $252 / Sq Ft
10/31/2012 10/31/12 Sold $259,000 -7.5% $208 / Sq Ft View Prior Sale
09/21/2012 09/21/12 Pending -- -- --
08/13/2012 08/13/12 For Sale $279,900 -- $224 / 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 $5,426 $473,100 $237,700 $235,400
2023 $5,156 $460,400 $234,600 $225,800
2022 $4,750 $409,100 $207,800 $201,300
2021 $3,509 $278,500 $114,200 $164,300
2020 $11,297 $222,400 $108,700 $113,700
2019 $10,871 $222,400 $108,700 $113,700
2018 $10,260 $201,200 $100,700 $100,500
2017 $2,911 $177,200 $91,900 $85,300
2016 $2,782 $177,200 $91,900 $85,300
2015 $2,685 $177,200 $91,900 $85,300
2014 $2,453 $177,200 $91,900 $85,300
2013 -- $177,200 $91,900 $85,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1358533

Maine Listings

APN: WINM-000036-000000-000044