NOT LISTED FOR SALE

54 Olsens Way Bridgton, ME 04009

Estimated Value: $354,879 - $392,000

1 Bed
-- Bath
120 Sq Ft
$3,102/Sq Ft Est. Value

Last Sold August 09, 2024

Last sale price $355,000 $2,958 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,197/month

239 Days on Market

Highlights

  • 370 Feet of Waterfront
  • Home fronts a pond
  • Deck
  • Beach Access
  • 36.5 Acre Lot
  • Wooded Lot

About This Home

As of August 2024

Enjoy the tranquility of Beaver Pond with your own 36.5 acres and 370 ft of water frontage. This rare piece of waterfront property is Ideally located in the lovely town of Bridgton. Enjoy all that this property has to offer, along with its unique, one of a kind shed/ bunkhouse. Land is ready to go with your plans, whether it be development of cabins , family compound, tiny homes for rental possibilities and more. Power and internet are at land. One lot is cleared for homesite with septic design that only needs updating. Since Beaver Pond does not allow gas powered motors it is ideal for fishing, kayaking, canoeing, or swimming. This unique property is only 5 miles to Pleasant Mt. Ski area. and a short distance to town with Restaurants, shops, movie theatre. 30 minutes to North Conway. Snowmobile trails close by. Lots of options either build a dream home on 36.5 very private acres or develop a subdivision with Town approval.

Last Agent to Sell the Property

Lois O'Connor

Sunset Lakes Real Estate Listed on: 05/23/2024

Sunset Lakes Real Estate

Co-Listed By

Donna Bowes

Sunset Lakes Real Estate

Last Buyer's Agent

Mick Early

Cote & Howe Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,101

Year Built

  • Built in 2017

Lot Details

  • 36.5 Acre Lot
  • Home fronts a pond
  • 370 Feet of Waterfront
  • Dirt Road
  • Rural Setting
  • Seasonal Access to Property
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Property is zoned Shorland

Home Design

  • Cottage
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 120 Sq Ft Home
  • Furnished
  • Great Room
  • Vinyl Flooring
  • Water Views

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom
  • Composting Toilet

Parking

  • Common or Shared Parking
  • Gravel Driveway
  • Shared Driveway

Outdoor Features

  • Beach Access
  • Deep Water Access
  • Deck
  • Outbuilding

Utilities

  • No Cooling
  • Space Heater
  • Natural Gas Not Available
  • Water Not Available
  • Electric Water Heater
  • Septic Needed
  • Sewer Not Available

Community Details

  • No Home Owners Association
  • Community Storage Space

Listing and Financial Details

  • Tax Lot 60A
  • Assessor Parcel Number BRGT-000013-000060-A000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,101

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 36.5
  • Road Surface Type: Gravel
  • Water Body Name: Beaver
  • Co List Office Phone: 207-655-2139
  • MLS Status: Closed
  • Directions: Rt 302 heading NW turn left on Hio Ridge Rd., turn right onto Olsens Way land starts there head down road to end sign on property.
  • Above Grade Finished Sq Ft: 120.0
  • Architectural Style: Cottage
  • Garage Yn: No
  • Year Built: 2017
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 3332.5
  • Property Information:Seasonal: Yes
  • Property Information:Lot Size Acres -: 36.5
  • Property Information:SqFt Finished Above Grade: 120.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Amenities:Storage: Yes
  • Heat Fuel:Electric: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Gas:No Gas: Yes
  • Exterior:Wood Siding: Yes
  • Location:Rural: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 370.0
  • Water Info:Water Frontage Owned -: 370.0
  • Recreational Water:Waterfront Deep: Yes
  • Style:Cottage: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Site:RollingSloping: Yes
  • Great Room:Great Room: Yes
  • Sewer:None4: Yes
  • Water:None5: Yes
  • Sewer:Septic Needed: Yes
  • Amenities:Furniture Included: Yes
  • Water Info:Island3: No
  • Heat System:Space Heater: Yes
  • Driveway:Reclaimed: Yes
  • Recreational Water:Beach Rights: Yes
  • Amenities:Compost Toilet: Yes
  • Other Structures:Out Building: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Advertising Remarks:Advertising Remarks: Enjoy the tranquility of Beaver Pond with your own 36.5 acres and 370 ft of water frontage. This rare piece of waterfront property is Ideally located in the lovely town of Bridgton. Enjoy all that this property has to offer, along with its unique, one of a kind shed/ bunkhouse. Land is ready to go with your plans, whether it be development of cabins , family compound, tiny homes for rental possibilities and more. Power and internet are at land. One lot is cleared for homesite with septic design that only needs updating. Since Beaver Pond does not allow gas powered motors it is ideal for fishing, kayaking, canoeing, or swimming. This unique property is only 5 miles to Pleasant Mt. Ski area. and a short distance to town with Restaurants, shops, movie theatre. 30 minutes to North Conway. Snowmobile trails close by. Lots of options either build a dream home on 36.5 very private acres or develop a subdivision with Town approval. Contact 207-655-2139 for a viewing.
  • Special Features: VirtualTour

Interior Features

  • Has Basement: None, Not Applicable
  • Total Bedrooms: 1
  • Fireplace: No
  • Interior Amenities: Furniture Included, 1st Floor Bedroom, Compost Toilet, Storage
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Rolling Slope, Wooded, Rural
  • Waterfront Features: Pond
  • Waterfront: Yes
  • Construction Type: Wood Siding, Wood Frame
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Space Heater
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: None, Septic Needed
  • Water Source: None

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1589940.0
  • Parcel #: BRGT-000013-000060-A000000
  • Zoning: Shorland

Tax Info

  • Tax Annual Amount: 2101.0
  • Tax Lot: 60A
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2024
Closed on
Aug 9, 2024
Sold by
Olsen Christian D and Olsen Lynne E
Bought by
Grandt Jeffrey P and Brown-Grandt Autumn V
Seller's Agent
Lois O'Connor
Sunset Lakes Real Estate
Buyer's Agent
Mick Early
Cote & Howe Realty
List Price
$450,000
Sold Price
$355,000
Premium/Discount to List
-$95,000
-21.11%
Views
30
Current Estimated Value
$372,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,220
Avg. Annual Appreciation
3.71%

Purchase Details

Closed on
Jul 19, 2010
Sold by
Willey Gregory D and Cummings Joseph E
Bought by
Olsen Christian D and Olsen Lynne E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
4.82%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Grandt Jeffrey P $355,000 None Available
Grandt Jeffrey P $355,000 None Available
Olsen Christian D $300,000 --
Olsen Christian D $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Olsen Christian D $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2024 08/09/24 Sold $355,000 -11.2% $2,958 / Sq Ft
07/03/2024 07/03/24 Pending -- -- --
05/23/2024 05/23/24 Price Changed $399,900 -11.1% $3,333 / Sq Ft
05/23/2024 05/23/24 For Sale $450,000 +26.8% $3,750 / Sq Ft
04/30/2024 04/30/24 Off Market $355,000 -- --
11/07/2023 11/07/23 For Sale $599,000 -- $4,992 / 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 $2,841 $166,625 $147,101 $19,524
2023 $2,378 $138,238 $137,101 $1,137
2022 $2,101 $138,238 $137,101 $1,137
2021 $2,046 $138,238 $137,101 $1,137
2020 $2,067 $138,238 $137,101 $1,137
2019 $2,074 $138,238 $137,101 $1,137
2018 $2,413 $163,018 $161,881 $1,137
2017 $2,537 $165,845 $164,708 $1,137
2016 $2,463 $165,845 $164,708 $1,137
2015 $2,519 $183,235 $182,038 $1,197
2014 $2,667 $189,685 $188,488 $1,197
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1558365

Maine Listings

APN: BRGT-000013-000000-000060A