NOT LISTED FOR SALE

541 Ossipee Trail W Standish, ME 04084

Estimated Value: $409,000 - $986,451

2 Beds
1 Bath
1,568 Sq Ft
$450/Sq Ft Est. Value

Last Sold October 14, 2022

Last sale price $446,000 $284 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $4,636/month

7 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Ski Resort
  • Public Beach
  • 290 Feet of Waterfront
  • Docks
  • Boat Slip

About This Home

As of October 2022

Quaint Watchic Lake Cottage with privacy and lots of excellent usable land and lake frontage! A separate potential buildable lot as well! All close to Portland and the Sebago Lakes Region!Come see this 5.1+/- total acreage lake front camp, 3 season property on the lake with gorgeous sunset views. The camp does need some TLC and vision. This well-loved camp has 2 bedrooms, a large gathering room, an enclosed porch, a large deck/boat house by the water, and a big basement for additional storage. With single-floor living and plenty of space for family and friends, the possibilities for enjoyment are endless.If you enjoy fishing, boating, swimming, or simply taking in the scenery, this lake has it all. On a cool day, you could spend the evening watching loons from the deck by the water or from the lovely enclosed porch, followed by a boat ride to The Outpost Restaurant on the other side of the lake for dinner or ice cream. Watchic lake has excellent water quality too! Opportunities to purchase a waterfront property with this amount of acreage like this don't come along very often. Don't miss your chance!******Open House!! 09/24/2022*****Come see this lovely camp on Watchic Lake. The open house will take place from 10:00 a.m. to 12:00 p.m.

Last Agent to Sell the Property

Jhon Florez Garcia

Better Homes & Gardens Real Estate/The Masiello Group Listed on: 09/23/2022

Last Buyer's Agent

Gloria Hewey

Berkshire Hathaway HomeServices Northeast Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,688

Year Built

  • Built in 1952

Lot Details

  • 5.1 Acre Lot
  • 290 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Road Access Is Seasonal
  • Dirt Road
  • Public Beach
  • Rural Setting
  • Seasonal Access to Property
  • Corner Lot
  • Level Lot
  • Wooded Lot

Property Views

  • Water
  • Scenic Vista
  • Woods

Home Design

  • Ranch Style House
  • Cottage
  • Camp Architecture
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace
  • Living Room
  • Sun or Florida Room
  • Electric Range

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Shower Only

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Gravel Driveway
  • On-Site Parking

Outdoor Features

  • Deeded Waterfront Access Rights
  • Beach Access
  • Nearby Water Access
  • Boat Slip
  • Docks
  • Deck

Utilities

  • No Cooling
  • Heating System Uses Wood
  • Natural Gas Not Available
  • Private Water Source
  • Seasonal Water
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • Tax Lot 3/43
  • Assessor Parcel Number STAN-000027-000000-000003

Community Details

Recreation

  • Ski Resort

Additional Features

  • No Home Owners Association
  • Community Storage Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,688

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 5.1
  • Road Frontage Type: Private
  • Road Surface Type: Gravel
  • Water Body Name: Watchic Lake
  • MLS Status: Closed
  • Directions: 541 Ossipee Trail W, Standish, ME 04084 https://goo.gl/maps/9EP6jpyy3jK82W8g9
  • Above Grade Finished Sq Ft: 784.0
  • Architectural Style: Camp, Cottage, Ranch
  • Garage Yn: No
  • Year Built: 1952
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: Yes
  • Property Information:Lot Size Acres -: 5.1
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 784.0
  • Property Information:SqFt Finished Below Grade: 784.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Appliances Included:Electric Range: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Storage: Yes
  • Roads:Private: Yes
  • Water Heater:Electric2: Yes
  • Amenities:One-Floor Living: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Style:Ranch: Yes
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Foundation Materials:Block3: Yes
  • Exterior:Wood Siding: Yes
  • Sunroom:Sunroom: Yes
  • Recreational Water:Nearby: Yes
  • Heat Fuel:Wood2: Yes
  • Location:Rural: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 290.0
  • Water Info:Water Frontage Owned -: 290.0
  • Recreational Water:Deeded: Yes
  • Style:Cottage: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Site:RollingSloping: Yes
  • Style:Camp: Yes
  • Sewer:Septic Existing on Site: Yes
  • View:Scenic: Yes
  • Recreational Water:Dock: Yes
  • Water:Seasonal4: Yes
  • Location:Ski Resort: Yes
  • Roads:Seasonal3: Yes
  • Recreational Water:Beach Rights: Yes
  • Recreational Water:Boat Slip: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Electric Range
  • Has Basement: Walk-Out Access, Full, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 784.0
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Bedroom, One-Floor Living, Other, Shower, Storage
  • Full Basement: Yes
  • Bedroom 2 Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Corner Lot, Level, Rolling Slope, Wooded, Near Public Beach, Near Shopping, Near Town, Rural, Ski Resort
  • View: Scenic, Trees/Woods
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Block
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 11 - 20 Spaces, Gravel, Other, On Site

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Other
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Existing on Site
  • Water Source: Private, Seasonal

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Schools

  • Junior High Dist: RSU 06/MSAD 06

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 222156.0
  • Parcel #: STAN-000027-000000-000003
  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 1688.0
  • Tax Book Number: 4995/9310
  • Tax Lot: 3/43
  • Tax Map Number: 27/5
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2023
Sold by
Hewey Gloria A
Bought by
Hewey Gloria A and Colby Henry W
Current Estimated Value
$705,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Outstanding Balance
$147,340
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$545,175
Source: Public Records

Range of Values:

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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
Hewey Gloria A -- None Available
Hewey Gloria A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hewey Gloria A $150,000
Closed Hewey Gloria A $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2022 10/14/22 Sold $446,000 +1.4% $284 / Sq Ft
09/27/2022 09/27/22 Pending -- -- --
09/19/2022 09/19/22 For Sale $439,900 -- $281 / 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 $8,854 $702,700 $399,500 $303,200
2023 $3,532 $255,000 $195,400 $59,600
2022 $4,719 $326,600 $273,600 $53,000
2021 $4,491 $299,400 $248,300 $51,100
2019 $4,080 $285,300 $235,700 $49,600
2018 $3,614 $260,000 $210,400 $49,600
2017 $3,445 $260,000 $210,400 $49,600
2016 $3,333 $260,000 $210,400 $49,600
2015 $3,325 $260,000 $210,400 $49,600
2013 $3,161 $261,700 $212,100 $49,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1543581

Maine Listings

APN: STAN-000027-000000-000003