NOT LISTED FOR SALE

54 Peterson Rd Bowerbank, ME 04426

Estimated Value: $575,255 - $660,000

5 Beds
1 Bath
2,650 Sq Ft
$233/Sq Ft Est. Value

Last Sold January 15, 2021

Last sale price $390,000 $147 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $3,562/month

138 Days on Market

Highlights

  • Additional Residence on Property
  • 335 Feet of Waterfront
  • Cape Cod Architecture
  • Deeded Waterfront Access Rights
  • Docks
  • Wood Flooring

About This Home

As of January 2021

Sebec Lake: Historic sporting lodge on beautiful Sebec Lake with four guest cottages. 335 feet of nice water frontage on 3.94 acres of land. Property also includes land across the road. Property has 5G Internet available plus year round town-maintained road. Main lodge has new bath, new kitchen, large living room with fireplace, dining area, four bedrooms, glassed-in porch, gorgeous new deck overlooking the water. Year round lodge has oil forced hot air heat, natural wood floors, partial basement with walk-out to the lawn. Four rustic cabins, all grandfathered close to the water and with indoor plumbing as well as two grandfathered stone piers, very nice setting on the lake. This is a great investment opportunity. Properties with characteristics like this one are hard to find!

Last Agent to Sell the Property

Patricia Mallett

Mallett Real Estate, LLC Listed on: 06/30/2020

Co-Listed By

Neil Mallett

Mallett Real Estate, LLC

Last Buyer's Agent

Grover Kilpatrick

Mallett Real Estate, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,640

Year Built

  • Built in 1946

Lot Details

  • 3.94 Acre Lot
  • 335 Feet of Waterfront
  • Lake Front
  • Dirt Road
  • Rural Setting
  • Level Lot
  • Open Lot
  • Property is zoned Shoreland

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Cape Cod Architecture
  • Cottage
  • Camp Architecture
  • Concrete Foundation
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,650 Sq Ft Home
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Wood Flooring

Kitchen

  • Electric Range
  • Stove

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom
  • Bathtub

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Partial Basement
  • Interior Basement Entry
  • Natural lighting in basement

Outdoor Features

  • Deeded Waterfront Access Rights
  • Deep Water Access
  • Docks

Additional Homes

  • Additional Residence on Property

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Natural Gas Not Available
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic System
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number BOWE-000005-000000-000023

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,640

Year Built

Built in 1946

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 3.94
  • Road Surface Type: Gravel
  • Water Body Name: SEBEC
  • Co List Office Mls Id: 2366
  • Co List Office Phone: 207-564-8073
  • MLS Status: Closed
  • Directions: From Sebec Village, go north on Barnard Road, left onto Bowerbank Road, then ake left onto Peterson Road. Follow Peterson to number 54 on the left.
  • Above Grade Finished Sq Ft: 2650.0
  • Architectural Style: Camp, Cottage, Cape
  • Garage Yn: Yes
  • Year Built: 1946
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 3.94
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 2650.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Basement:Daylight: Yes
  • Basement:Walkout Access: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Property Information:Garage Spaces: 1.0
  • Water Heater:Electric2: Yes
  • Vehicle Storage:Detached: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Basement:Partial: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Sunroom:Sunroom: Yes
  • Foundation Materials:PillarPostPier: Yes
  • Sewer:Private Sewer: Yes
  • Heat Fuel:Wood2: Yes
  • Location:Rural: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 335.0
  • Water Info:Water Frontage Owned -: 335.0
  • Recreational Water:Deeded: Yes
  • Recreational Water:Waterfront Deep: Yes
  • Style:Cottage: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Style:Camp: Yes
  • Property Information:Deed Restrictions: Unknown
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Room Features:Heat Stove29: Yes
  • View:Scenic: Yes
  • Recreational Water:Dock: Yes
  • Sunroom Amenities:Heat Stove: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Property Information 2 Detached Houses on 1 Lot: Yes
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Electric Range, Dryer
  • Has Basement: Walk-Out Access, Daylight, Partial, Interior Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Bedroom, Bathtub
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Second
  • Bedroom 4 Bedroom 4 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First
  • Bedroom 5:Bedroom 5 Level: Second

Exterior Features

  • Lot Features: Level, Open Lot, Rural
  • View: Scenic
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Wood Siding, Shingle Siding, Wood Frame
  • Foundation Details: Pillar/Post/Pier, Concrete Perimeter
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: 11 - 20 Spaces, Gravel, Detached

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 171626.4
  • Parcel #: BOWE-000005-000000-000023
  • Zoning: Shoreland

Tax Info

  • Tax Annual Amount: 1640.0
  • Tax Book Number: 2652
  • Tax Lot: 23
  • Tax Map Number: 5
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2020
Closed on
Jan 15, 2021
Sold by
Davis Jeremy C and Davis Angelene N
Bought by
Ferioli Michael and Ferioli Emma
Seller's Agent
Patricia Mallett
Mallett Real Estate, LLC
Buyer's Agent
Grover Kilpatrick
Mallett Real Estate, LLC
List Price
$495,000
Sold Price
$390,000
Premium/Discount to List
-$105,000
-21.21%
Current Estimated Value
$617,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,628
Avg. Annual Appreciation
10.17%
Original Mortgage
$200,000
Outstanding Balance
$180,533
Interest Rate
2.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$430,190

Purchase Details

Closed on
Nov 20, 2019
Sold by
Tobey Cheryl L
Bought by
Davis Jeremy C and Davis Angelene N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
3.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Ferioli Michael -- None Available
Ferioli Michael -- None Available
Davis Jeremy C -- --
Davis Jeremy C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferioli Michael $200,000
Closed Ferioli Michael $200,000
Previous Owner Davis Jeremy C $350,000
Previous Owner Tobey Cheryl L $193,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2021 01/15/21 Sold $390,000 -21.2% $147 / Sq Ft
11/16/2020 11/16/20 Pending -- -- --
06/30/2020 06/30/20 For Sale $495,000 -- $187 / 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 $2,432 $405,260 $265,440 $139,820
2023 $2,209 $405,260 $265,440 $139,820
2022 $2,142 $385,970 $252,790 $133,180
2021 $2,161 $385,970 $252,790 $133,180
2020 $1,756 $385,970 $252,790 $133,180
2019 $1,640 $385,970 $252,790 $133,180
2018 $1,486 $385,970 $252,790 $133,180
2017 $1,351 $385,970 $252,790 $133,180
2016 $1,299 $245,150 $150,510 $94,640
2015 $1,226 $245,150 $150,510 $94,640
2014 $1,299 $245,150 $150,510 $94,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1458488

Maine Listings

APN: BOWE-000005-000000-000023