NOT LISTED FOR SALE

569 Phinney Farm Rd Lincoln, ME 04457

Estimated Value: $191,000 - $279,000

3 Beds
1 Bath
832 Sq Ft
$278/Sq Ft Est. Value

Sale Details

Date Sold: January 30, 2020

Last sale price $125,000 $150 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $1,525 / mo

17 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Home fronts a pond
  • Wooded Lot
  • 55 Feet of Waterfront
  • Deck
  • Wood Flooring

About This Home

As of January 2020

Adorable 3 Season cottage on the shore of Cold Stream Pond. This is situated just feet from one on the most premier Cold Water Fisheries the state has to offer. Open concept layout between the kitchen and living area with great views of the lake. Many upgrades over the last few years including all new post\beam foundation done by a professional. This is ready to go! Bring the toys and enjoy some relaxing days lakeside! Additionally the loft could be used as sleeping space and there is a detached shed that could easily be converted to a bunk house. Cottage is partially insulated and currently the owners use during the winter for short stays. Located on a year round maintained road.

Last Agent to Sell the Property

Alan Staples

Acres Away, Inc. Listed on: 11/26/2019

Last Buyer's Agent

Robert Marcoux

NextHome Experience

NextHome Experience

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,830

Year Built

  • Built in 1962

Lot Details

  • 21,780 Sq Ft Lot
  • Home fronts a pond
  • 55 Feet of Waterfront
  • Lake Front
  • Dirt Road
  • Rural Setting
  • Seasonal Access to Property
  • Landscaped
  • Level Lot
  • Open Lot
  • Wooded Lot
  • Property is zoned Shoreland

Property Views

  • Water
  • Scenic Vista

Home Design

  • Cottage
  • Camp Architecture
  • Pillar, Post or Pier Foundation
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 832 Sq Ft Home
  • 1-Story Property
  • Storage

Kitchen

  • Electric Range
  • Stove

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Shower Only

Parking

  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Deeded Waterfront Access Rights
  • Deep Water Access
  • Deck
  • Shed
  • Outbuilding
  • Porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Propane
  • Heating System Uses Wood
  • The lake is a source of water for the property
  • Well Required
  • Electric Water Heater
  • Perc Test On File For Septic Tank
  • Septic Needed
  • Septic Design Available
  • Sewer Not Available
  • Internet Available

Community Details

  • No Home Owners Association
  • Community Storage Space

Listing and Financial Details

  • Tax Lot 42
  • Assessor Parcel Number LNCN-000103-000000-000042

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,830

Year Built

Built in 1962

Lot Details

0.5 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.5
  • Road Surface Type: Gravel
  • Water Body Name: Cold Stream
  • MLS Status: Closed
  • Directions: From Lincoln take Transalpine Rd to Phinny Farm Rd. Once you see lake and make left turn property will be on the right.
  • Above Grade Finished Sq Ft: 832.0
  • Architectural Style: Camp, Cottage
  • Garage Yn: No
  • Year Built: 1962
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 156.13
  • Property Information:Seasonal: Yes
  • Property Information:Lot Size Acres -: 0.5
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 832.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Electric Range: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Amenities:Storage: Yes
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Amenities:One-Floor Living: Yes
  • Amenities:Shower: Yes
  • Roof:Metal: Yes
  • Foundation Materials:Block3: Yes
  • Exterior:Wood Siding: Yes
  • Foundation Materials:PillarPostPier: Yes
  • Property Information:Short Sale Continue to Show: No
  • Heat Fuel:Wood2: Yes
  • Location:Rural: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 55.0
  • Water Info:Water Frontage Owned -: 55.0
  • Recreational Water:Deeded: Yes
  • Style:Cottage: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Equipment:Internet Access Available: Yes
  • Style:Camp: Yes
  • Property Information:Bank Owned REO: No
  • Sewer:Septic Design Available: Yes
  • View:Scenic: Yes
  • Sewer:None4: Yes
  • Water:Well Needed on Site: Yes
  • Sewer:Septic Needed: Yes
  • Transportation:Deep Water Access: Yes
  • Other Structures:Shed: Yes
  • Other Structures:Out Building: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Advertising Remarks:Advertising Remarks: Adorable 3 Season cottage on the shore of Cold Stream Pond. This is situated just feet from one on the most premier Cold Water Fisheries the state has to offer. Open concept layout between the kitchen and living area with great views of the lake. Many upgrades over the last few years including all new post\beam foundation done by a professional. This is ready to go! Bring the toys and enjoy some relaxing days lakeside! Additionally the loft could be used as sleeping space and there is a detached shed that could easily be converted to a bunk house. Cottage is partially insulated and currently the owners use during the winter for short stays. Located on a year round maintained road.
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Electric Range
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom, One-Floor Living, Shower, Storage

Exterior Features

  • Lot Features: Level, Open Lot, Landscaped, Wooded, Near Town, Rural
  • View: Scenic
  • Waterfront Features: Lake, Pond
  • Waterfront: Yes
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Block, Pillar/Post/Pier
  • Other Structures: Outbuilding, Shed(s)
  • Patio And Porch Features: Deck, Porch
  • Roof: Metal, Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Gravel, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove, Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: None, Perc Test On File, Septic Design Available, Septic Needed
  • Utilities: Utilities On
  • Water Source: Well Needed on Site, Lake Drawn

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 21780.0
  • Parcel #: LNCN-000103-000000-000042
  • Zoning: Shoreland

Tax Info

  • Tax Annual Amount: 1830.0
  • Tax Lot: 42
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2019
Closed on
Jan 30, 2020
Sold by
Marzilli Vincent and Marzilli Roanne
Bought by
Simpson Richard V and Simpson Pamela G
Seller's Agent
Alan Staples
Acres Away, Inc.
Buyer's Agent
Robert Marcoux
NextHome Experience
List Price
$129,900
Sold Price
$125,000
Premium/Discount to List
-$4,900
-3.77%
Current Estimated Value
$231,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,289
Avg. Annual Appreciation
10.21%
Original Mortgage
$93,750
Outstanding Balance
$82,816
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$148,473

Purchase Details

Closed on
Dec 19, 2017
Sold by
Marzilli Vincent and Marzilli Roanne
Bought by
Phelps Hollis D and Phelps Susan A

Purchase Details

Listed on
May 3, 2017
Closed on
Jun 9, 2017
Sold by
Crosby Lyndon A and Crosby Elizabeth A
Bought by
Marzilli Vincent and Marzilli Roanne
Seller's Agent
Michael Cole
Realty of Maine
Buyer's Agent
Michael Cole
United Country Lifestyle Properties of Maine
List Price
$95,000
Sold Price
$85,000
Premium/Discount to List
-$10,000
-10.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.79%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Simpson Richard V -- None Available
Phelps Hollis D -- --
Marzilli Vincent -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Simpson Richard V $93,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/30/2020 01/30/20 Sold $125,000 -3.8% $150 / Sq Ft
12/14/2019 12/14/19 Pending -- -- --
11/26/2019 11/26/19 For Sale $129,900 +52.8% $156 / Sq Ft
06/08/2017 06/08/17 Sold $85,000 -10.5% $102 / Sq Ft View Prior Sale
05/21/2017 05/21/17 Pending -- -- --
05/03/2017 05/03/17 For Sale $95,000 -- $114 / Sq Ft
Source: Maine Listings

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
2025 $3,249 $186,700 $59,000 $127,700
2024 $2,964 $143,900 $45,700 $98,200
2023 $2,762 $107,400 $31,900 $75,500
2022 $2,363 $107,400 $31,900 $75,500
2021 $2,008 $107,400 $31,900 $75,500
2020 $2,033 $94,100 $31,200 $62,900
2019 $2,174 $94,100 $31,200 $62,900
2018 $1,830 $79,200 $24,200 $55,000
2017 $1,786 $79,200 $24,200 $55,000
2016 $1,769 $79,200 $24,200 $55,000
2015 $1,758 $79,200 $24,200 $55,000
2014 $1,774 $79,200 $24,200 $55,000
2013 $1,818 $79,200 $24,200 $55,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1439907

Maine Listings

APN: LNCN-000103-000000-000042

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