NOT LISTED FOR SALE

55 Milts Way Lincoln, ME 04457

Estimated Value: $625,000 - $701,971

3 Beds
3 Baths
3,780 Sq Ft
$175/Sq Ft Est. Value

Last Sold April 20, 2023

Last sale price $450,000 $119 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $4,402/month

138 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Deck
  • Wood Flooring
  • Home fronts a pond
  • Wooded Lot
  • 2 Car Direct Access Garage

About This Home

As of April 2023

Maine lakefront log home for sale in Lincoln, Maine on Upper Cold Stream Pond. The first floor features a kitchen with a island, dining room, living room, and a full bathroom w/ laundry hookup. The second floor features a full bathroom w/ a jetted tub, and 2 large bedrooms both with walk-in closets. The daylight basement is finished with a family room, bedroom, full bathroom, and a utility room. This home has power, private well, private septic, generator hookup, and is located on a year round road. There is an attached 2 car garage with storage above. Relax and enjoy the loons and the beautiful views from the wrap around deck and covered porch that overlook the water. Recreational activities include swimming, kayaking, boating, fishing, snowmobiling, and ATVing all directly from this property. Close to Lincoln where you will find shopping, restaurants, hospital, and other amenities.

Last Agent to Sell the Property

B Michael Ireland

RE/MAX Collaborative Listed on: 10/18/2022

Co-Listed By

Chelsea Ireland

NextHome Experience

Last Buyer's Agent

Nolan Hanson

True North Realty, Inc.

True North Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,846

Year Built

  • Built in 1994

Lot Details

  • 1.11 Acre Lot
  • Home fronts a pond
  • 100 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Dirt Road
  • Rural Setting
  • Landscaped
  • Level Lot
  • Open Lot
  • Wooded Lot
  • Property is zoned Shoreland

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista
  • Woods

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding
  • Log Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Multi-Level Property
  • Family Room
  • Living Room
  • Dining Room
  • Utility Room

Kitchen

  • Electric Range
  • Stove
  • Dishwasher
  • Kitchen Island
  • Formica Countertops

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Finished Basement

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

Outdoor Features

  • Deck
  • Outbuilding
  • Porch

Utilities

  • Cooling Available
  • Heating System Uses Oil
  • Heat Pump System
  • Pellet Stove burns compressed wood to generate heat
  • Heating System Mounted To A Wall or Window
  • Private Water Source
  • Well
  • Water Heated On Demand
  • Septic System
  • Private Sewer
  • Internet Available

Listing and Financial Details

  • Tax Lot 37
  • Assessor Parcel Number LNCN-000116-000000-000037

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,846

Year Built

Built in 1994

Lot Details

0

HOA Fees

$10 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.11
  • Road Frontage Type: Private
  • Road Surface Type: Gravel
  • Water Body Name: Upper Cold Stream
  • Co List Office Mls Id: 3383
  • Co List Office Phone: 207-403-9125
  • MLS Status: Closed
  • Directions: From I95 north take exit 227 toward Lincoln, 3.9 miles to the light, straight on Penobscot Valley Ave, right on Route 155, left on Transalpine Road, 3.9 miles to Milts Way on left, property on the right, sign posted.
  • Above Grade Finished Sq Ft: 2835.0
  • Architectural Style: Multi-Level
  • Garage Yn: Yes
  • Year Built: 1994
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.11
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2835.0
  • Property Information:SqFt Finished Below Grade: 945.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • 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:Stove: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Electric Range: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Water Heater:On Demand: Yes
  • Location Information:Association Fee: 125.0
  • Location Information:Fee Frequency Paid: Annually
  • Property Information:Garage Spaces: 2.0
  • Roads:Private: Yes
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Cooling:Heat Pump3: Yes
  • Amenities:Laundry - Hookup: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Roof:Metal: Yes
  • Amenities:Walk-in Closets: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Kitchen Amenities:Island: Yes
  • Living Room:Living Room: Yes
  • Room Features:Island2: Yes
  • Room Features:Walk-in Closet17: Yes
  • Floors:Laminate: Yes
  • Style:Multi-Level: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Property Information:Short Sale Continue to Show: No
  • Location:Rural: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 100.0
  • Water Info:Water Frontage Owned -: 100.0
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Equipment:Internet Access Available: Yes
  • Family Room:Family Room: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Kitchen Countertop:Formica: Yes
  • Vehicle Storage:Storage Above: Yes
  • Room Features:Heat Stove29: Yes
  • View:Scenic: Yes
  • Heat System:Direct Vent Heater: Yes
  • Heat Fuel:Pellets: Yes
  • Bedroom Amenities 2:Walk-in Closet2: Yes
  • Construction:Log: Yes
  • Other Room Amenities 1:Utility Room: Yes
  • Room Features:Utility Room10: Yes
  • Bedroom 1 Amenities:Walk-in Closet: Yes
  • Bedroom Amenities 3:Walk-in Closet3: Yes
  • Family Room Amenities:Heat Stove9: Yes
  • Other Structures:Out Building: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Electric Range, Dishwasher
  • Other Equipment: Internet Access Available
  • Has Basement: Walk-Out Access, Daylight, Finished, Full, Interior Entry
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 945.0
  • Fireplace: No
  • Flooring: Wood, Vinyl, Laminate, Carpet
  • Interior Amenities: Walk-in Closets, Bathtub
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Basement
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Level, Open Lot, Landscaped, Wooded, Rural
  • View: Scenic, Trees/Woods
  • Waterfront Features: Lake, Pond
  • Waterfront: Yes
  • Construction Type: Wood Siding, Log Siding, Log, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Porch
  • Roof: Metal
  • Exterior:Log Siding: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Gravel, Garage Door Opener, Inside Entrance, Storage

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level, Washer Hookup
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Stove, Heat Pump, Direct Vent Heater
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association Fee: 125.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Junior High Dist: RSU 67

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 48351.6
  • Parcel #: LNCN-000116-000000-000037
  • Zoning: Shoreland

Tax Info

  • Tax Annual Amount: 7846.0
  • Tax Book Number: 9997
  • Tax Lot: 37
  • Tax Map Number: 116
  • Tax Year: 2023

Range of Values:

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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 Franklin Dustin $427,500
Closed Coons Gloria J $306,000
Closed Coons Robert $62,000
Closed Coons Robert $40,000
Closed Coons Gloria J $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2023 04/20/23 Sold $450,000 -18.2% $119 / Sq Ft
10/18/2022 10/18/22 For Sale $550,000 -- $146 / 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 $9,764 $474,000 $113,900 $360,100
2023 $9,172 $356,600 $79,600 $277,000
2022 $7,845 $356,600 $79,600 $277,000
2021 $6,668 $356,600 $79,600 $277,000
2020 $6,666 $308,600 $77,800 $230,800
2019 $7,129 $308,600 $77,800 $230,800
2018 $6,055 $262,100 $60,400 $201,700
2017 $5,910 $262,100 $60,400 $201,700
2016 $5,855 $262,100 $60,400 $201,700
2015 $5,819 $262,100 $60,400 $201,700
2014 $5,871 $262,100 $60,400 $201,700
2013 $6,018 $262,100 $60,400 $201,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1546192

Maine Listings

APN: LNCN-000116-000000-000037