NOT LISTED FOR SALE

55 Fairview Terrace Limerick, ME 04048

Estimated Value: $345,050 - $377,000

3 Beds
1 Bath
860 Sq Ft
$420/Sq Ft Est. Value

Last Sold July 29, 2022

Last sale price $268,000 $312 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,240/month

3 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Ranch Style House
  • Detached Garage
  • Wooded Lot
  • Screened Porch
  • Bathtub

About This Home

As of July 2022

Bigger isn't always better! Cozy ranch on double lot in desirable Lake Arrowhead Community. Three bedrooms, screen porch and generator. Nice carport, shed and appliances convey. Fabulous location, walk to beach in a minute or two and across the street from the clubhouse with indoor pool and gym.

Last Agent to Sell the Property

Diane Gray

Treeline to Shoreline Realty Listed on: 05/26/2022

Last Buyer's Agent

Charles Grover

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,567

Year Built

  • Built in 1974

Lot Details

  • 1 Acre Lot
  • Rural Setting
  • Level Lot
  • Wooded Lot

HOA Fees

  • $93 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 860 Sq Ft Home
  • Living Room
  • Screened Porch

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • Detached Garage
  • Carport
  • Gravel Driveway

Outdoor Features

  • Deeded Waterfront Access Rights
  • Beach Access
  • Shed

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Baseboard Heating
  • Natural Gas Not Available
  • Electric Water Heater
  • Septic System

Community Details

  • Lake Arrowhead Community Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Tax Lot 318
  • Assessor Parcel Number LIME-000041-000000-000318

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,567

Year Built

Built in 1974

Lot Details

0

HOA Fees

$93 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.0
  • MLS Status: Closed
  • Subdivision Name: Lake Arrowhead Community
  • Directions: Doles Ridge Road to Deer Crossing, follow to Fairview Terrace.
  • Above Grade Finished Sq Ft: 860.0
  • Architectural Style: Ranch
  • Garage Yn: No
  • Year Built: 1974
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.0
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 860.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Location Information:Association Fee: 1110.0
  • Location Information:Fee Frequency Paid: Annually
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Style:Ranch: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Location:Rural: Yes
  • Recreational Water:Deeded: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Property Information:Deed Restrictions: Yes
  • Sewer:Septic Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Vehicle Storage:Carport: Yes
  • Recreational Water:Beach Rights: Yes
  • Other Structures:Shed: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None

Interior Features

  • Has Basement: Full, Exterior Entry, Bulkhead, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: Bathtub
  • Full Basement: Yes
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Level, Wooded, Rural
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Other Structures: Shed(s)
  • Patio And Porch Features: Screened
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Gravel, Carport, Detached

Utilities

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

Condo/Co-op/Association

  • Association Fee: 1110.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Junior High Dist: RSU 57/MSAD 57

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 43560.0
  • Parcel #: LIME-000041-000000-000318
  • Zoning: RES

Tax Info

  • Tax Annual Amount: 1567.0
  • Tax Book Number: 14114
  • Tax Lot: 318
  • Tax Map Number: 41
  • Tax Year: 2021

Range of Values:

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

Mortgage History

Date Status Borrower Loan Amount
Closed Dupaul Brandon $263,145
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2022 07/29/22 Sold $268,000 +7.2% $312 / Sq Ft
05/30/2022 05/30/22 Pending -- -- --
05/26/2022 05/26/22 For Sale $250,000 -- $291 / 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 $2,339 $246,180 $85,000 $161,180
2023 $1,794 $118,004 $32,500 $85,504
2022 $1,676 $118,004 $32,500 $85,504
2021 $1,567 $94,403 $26,000 $68,403
2020 $1,548 $94,403 $26,000 $68,403
2019 $1,487 $94,403 $26,000 $68,403
2018 $1,525 $94,403 $26,000 $68,403
2017 $1,487 $94,403 $26,000 $68,403
2016 $1,421 $94,403 $26,000 $68,403
2015 $1,378 $94,403 $26,000 $68,403
2014 $1,336 $94,403 $26,000 $68,403
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    Diane Gray

    Treeline to Shoreline Realty

    (207) 632-1943

    45 in this area

    169 Total Sales

    Section Image

  • C

    Buyer's Agent in 2022

    Charles Grover

    Coldwell Banker Realty

See All Agents

Map

Source: Maine Listings

MLS Number: 1529860

Maine Listings

APN: LIME-000041-000000-000318

Maine York County Limerick 04048

55 Fairview Terrace, Limerick, ME

This home is located at 55 Fairview Terrace, Limerick, ME 04048 since 26 May 2022 and is currently estimated at $361,513, approximately $420 per square foot. This property was built in 1974. 55 Fairview Terrace is a home located in York County with nearby schools including Massabesic High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Maine Listings Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.

Homes.com, LLC, 17600 Laguna Canyon Rd Irvine, CA 92618 (888)-952-6393

Nearby Homes