Luke Morris
REAL Broker NH, LLC
(855) 625-7038
62 Total Sales
6 in Limerick
$110K - $385K Price Range
57 Cottage Rd Limerick, ME 04048
Limerick AreaEstimated Value: $434,140
3
Beds
2
Baths
1,624
Sq Ft
$267/Sq Ft
Est. Value
Highlights
- Lake Front
- Property is near a beach
- Main Floor Bedroom
- Home fronts a pond
- Deck
- In-Law or Guest Suite
About This Home
As of August 2024This property epitomizes versatility, making it an ideal owner-occupied residence or a lucrative income-producing asset. Currently configured as two units, it offers various options: live in one unit and rent the other, rent out both, or utilize both for personal use. The second floor, situated above the garage, features a spacious two-bedroom layout with a generously sized open-concept kitchen and living area. Highlighted by an exposed pine beam, tongue & groove ceiling, and knotty pine trim accents. The kitchen boasts stainless steel appliances and elegant wood cabinets, providing both functionality and style. Step out onto the deck from the second floor to relish serene pond views. Top-tier finishes adorn both units. The first-floor studio unit impresses with its striking checkerboard ceramic tile flooring. Whether retained as a rental or repurposed as a recreational room or in-law apartment, this space offers flexibility. Storage needs are met with the ample space available in the partially heated attached lower garage, perfect for storing recreational gear or other belongings. Conveniently located just 45 minutes from Portland and 30 minutes from Biddeford, this property offers the perfect blend of tranquility and accessibility. Currently, both the studio apartment and the two-bedroom unit are occupied by tenants.
Last Agent to Sell the Property
Rizzo Mattson Brokerage Phone: 207-622-9000 Listed on: 05/25/2024
Last Buyer's Agent
NON-MREIS AGENT
Non MREIS Agency
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,697
Year Built
- Built in 2016
Lot Details
- 20,038 Sq Ft Lot
- Home fronts a pond
- Lake Front
- Property fronts a private road
- Dirt Road
- Open Lot
- Property is zoned Resource Protection
HOA Fees
- $9 Monthly HOA Fees
Parking
- 2 Car Garage
- Heated Garage
- Common or Shared Parking
- Automatic Garage Door Opener
- Garage Door Opener
- Gravel Driveway
- Shared Driveway
Property Views
- Water
- Scenic Vista
- Woods
- Mountain
Home Design
- Concrete Foundation
- Slab Foundation
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1,624 Sq Ft Home
- Living Room
- Tile Flooring
Kitchen
- Electric Range
- Microwave
- Formica Countertops
Bedrooms and Bathrooms
- 3 Bedrooms
- Main Floor Bedroom
- In-Law or Guest Suite
- 2 Full Bathrooms
Outdoor Features
- Property is near a beach
- Deck
Utilities
- No Cooling
- Heating System Uses Propane
- Heating System Mounted To A Wall or Window
- Well Required
- Electric Water Heater
- Septic Design Available
- Private Sewer
Listing and Financial Details
- Tax Lot 056
- Assessor Parcel Number 57CottageRoadLimerick04048
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
May 25, 2024
Closed on
Aug 16, 2024
Sold by
Corbin Linda M and Sanborn Forest H
Bought by
Seller's Agent
Brian Rizzo
Rizzo Mattson
Buyer's Agent
NON-MREIS AGENT
Non MREIS Agency
List Price
$399,900
Sold Price
$399,900
Views
46
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,240
Avg. Annual Appreciation
4.03%
Original Mortgage
$392,656
Outstanding Balance
$387,021
Interest Rate
8.75%
Mortgage Type
FHA
Estimated Equity
$47,119
Purchase Details
Closed on
Oct 30, 2012
Sold by
Dobson Fred A Est and Acciavatti
Bought by
Sanborn Forest H and Corbin Linda M
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Limerick, ME
-
Luke Morris
-
Jamie Fortier
Jamie Fortier
StartPoint Realty
(207) 864-1051
27 Total Sales
1 in Limerick
$250,000 Price
-
Elias Thomas
Elias Thomas
Exit Key Real Estate
(207) 806-5495
111 Total Sales
4 in Limerick
$40K - $370K Price Range
-
Jennifer Libby
Jennifer Libby
KW Coastal and Lakes & Mountains Realty/Wolfeboro
(844) 504-0830
50 Total Sales
1 in Limerick
$439,900 Price
-
Kelli Genest
Kelli Genest
Responds QuicklyLakes Region Realty of Maine
(207) 360-8865
109 Total Sales
1 in Limerick
$470,000 Price
-
Steven Gourley
Steven Gourley
REAL Broker NH, LLC
(603) 836-9945
33 Total Sales
1 in Limerick
$30,000 Price
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 |
|---|---|---|---|
| -- | None Available | ||
| Sanborn Forest H | -- | -- |
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 | $392,656 |
Source: Public Records
Property 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 | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/16/2024 08/16/24 | Sold | $399,900 | 0.0% | $246 / Sq Ft |
| 06/13/2024 06/13/24 | Pending | -- | -- | -- |
| 05/25/2024 05/25/24 | For Sale | $399,900 | -- | $246 / Sq Ft |
Source: Maine Listings
Tax 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.
| 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 | $3,168 | $333,461 | $99,553 | $233,908 |
| 2024 | $3,168 | $333,461 | $99,553 | $233,908 |
| 2023 | $2,697 | $177,421 | $20,000 | $157,421 |
| 2022 | $2,519 | $177,421 | $20,000 | $157,421 |
| 2021 | $2,356 | $141,937 | $16,000 | $125,937 |
| 2020 | $2,984 | $141,937 | $16,000 | $125,937 |
| 2019 | $2,920 | $141,937 | $16,000 | $125,937 |
| 2018 | $2,819 | $141,937 | $16,000 | $125,937 |
| 2017 | $2,780 | $77,293 | $16,000 | $61,293 |
| 2016 | $953 | $63,345 | $16,000 | $47,345 |
| 2015 | $895 | $61,291 | $16,000 | $45,291 |
| 2014 | $85 | $6,000 | $6,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Brian Rizzo
Seller's Agent in 2024
Brian Rizzo
Rizzo Mattson
(207) 215-9793
157 Total Sales
-
NA
Buyer's Agent in 2024
NON-MREIS AGENT
Non MREIS Agency
Map
Source: Maine Listings
MLS Number: 1591011
APN: LIME-000024-000000-000056
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.
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.
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