NOT LISTED FOR SALE

58 Island Rd Limerick, ME 04048

Estimated Value: $515,000 - $726,398

3 Beds
2 Baths
1,588 Sq Ft
$406/Sq Ft Est. Value

Last Sold May 10, 2019

Last sale price $341,000 $215 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $3,822/month

Highlights

  • Deeded Waterfront Access Rights
  • New Construction
  • Deck
  • 1,000 Feet of Waterfront
  • 3.9 Acre Lot
  • Wooded Lot

About This Home

As of May 2019

New Construction: Waterfront: Offers privacy on a wooded 3.9 acre lot with 1000' water frontage and can be your summer getaway & winter hideaway all wrapped in one. Excellent quality throughout this 3BR 2BA ranch style home. Large & sunny living room with hardwood flooring and sliders to a 12'x12' rear deck overlooking the water & woods where you can entertain guests or just simply enjoy the tranquility in solitude. There is a full daylight basement with an additional 1200sf to use any way you wish! An incredible area to explore in your kayak, canoe or boat with an abundance of nature around your home. There is still time to pick counters, appliances & flooring. Come enjoy lake living at its best. This home is not part of the Lake Arrowhead Association.

Last Agent to Sell the Property

Jack Taylor

The Taylor Agency Inc. Listed on: 03/25/2019

Last Buyer's Agent

Diane Gray

Bean Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,200

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 3.9 Acre Lot
  • 1,000 Feet of Waterfront
  • Lake Front
  • Dirt Road
  • Rural Setting
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Property is zoned Shoreland

Parking

  • 2 Car Direct Access Garage
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista
  • Woods

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Fiberglass Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,588 Sq Ft Home
  • Cathedral Ceiling
  • Living Room
  • Dining Room
  • Laundry on main level

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Natural lighting in basement

Outdoor Features

  • Deeded Waterfront Access Rights
  • Property Near A Cove
  • Deck

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Hot Water Heating System
  • Underground Utilities
  • Private Water Source
  • Private Sewer

Community Details

  • No Home Owners Association
  • Community Storage Space

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 58IslandRoadLimerick04048

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,200

Year Built

Built in 2019 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 3.9
  • Road Surface Type: Gravel
  • Water Body Name: Arrowhead
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1588.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • New Construction: Yes
  • Year Built: 2019
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 219.77
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 3.9
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1588.0
  • Property Information:Garage: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Basement:Daylight: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Kitchen Countertop:Granite: Yes
  • Amenities:One-Floor Living: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Property Condition:New Construction: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Amenities:Walk-in Closets: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Full Bath7: Yes
  • Primary Bedroom Amenities:Walk-in Closet6: Yes
  • Room Features:Walk-in Closet17: Yes
  • Style:Ranch: Yes
  • Heat System:Multi-Zones: Yes
  • Parking:On Site2: Yes
  • Amenities:Bathtub: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Primary Bedroom Amenities:Double Vanities6: Yes
  • Room Features:Double Vanities17: Yes
  • Location:Rural: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 1000.0
  • Water Info:Water Frontage Owned -: 1000.0
  • Recreational Water:Deeded: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Site:RollingSloping: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Kitchen Amenities:Cathedral Ceiling6: Yes
  • Living Room Amenities:Cathedral Ceiling5: Yes
  • Room Features:Cathedral Ceiling29: Yes
  • View:Scenic: Yes
  • Water Info:Island3: No
  • Basement:Sump Pump: Yes
  • Dining Room Amenities:Cathedral Ceiling15: Yes
  • Heat System:Direct Vent Furnace: Yes
  • Electric:Underground: Yes
  • Roof:Fiberglass: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Advertising Remarks:Advertising Remarks: New Construction: Waterfront: Offers privacy on a wooded 1.85 acre lot with 517' water frontage and can be your summer getaway & winter hideaway all wrapped in one. Excellent quality throughout this 3BR 2BA ranch style home. Large & sunny living room with hardwood flooring and sliders to a 10'x30' rear deck overlooking the water & woods where you can entertain guests or just simply enjoy the tranquility in solitude. There is a full daylight basement for an additional 1200sf to use any way you wish! An incredible area to explore in your kayak, canoe or boat with an abundance of nature around your home. There is still time to pick cabinets, counters, appliances & flooring. As part of the Lake Arrowhead Community you will have access to enjoy 2 clubhouses with an indoor pool & fitness center, function room for special occasions, dozens of beach areas & so much more. Come enjoy lake living at its best.
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: NewHome

Interior Features

  • Appliances: Refrigerator, Microwave, Electric Range, Dishwasher
  • Has Basement: Walk-Out Access, Daylight, Full, Sump Pump, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: Walk-in Closets, 1st Floor Primary Bedroom w/Bath, Bathtub, One-Floor Living, Storage
  • Full Basement: Yes
  • Bedroom 2 Level: First
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Rolling Slope, Wooded, Neighborhood, Rural, Subdivided
  • View: Scenic, Trees/Woods
  • Waterfront Features: Lake, Cove
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Property Condition: New Construction
  • Roof: Fiberglass, Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Gravel, On Site, Garage Door Opener, Inside Entrance

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Direct Vent Furnace, Baseboard
  • Heating Yn: Yes
  • Electric: Underground, Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 169884.0
  • Parcel #: 58IslandRoadLimerick04048
  • Zoning: Shoreland

Tax Info

  • Tax Annual Amount: 4200.0
  • Tax Lot: 4
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2019
Closed on
May 10, 2019
Sold by
Homevest Llc
Bought by
Thorson Matthew and Thorson Marie
Seller's Agent
Jack Taylor
The Taylor Agency Inc.
Buyer's Agent
Diane Gray
Bean Group
List Price
$349,000
Sold Price
$341,000
Premium/Discount to List
-$8,000
-2.29%
Current Estimated Value
$644,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$303,850
Avg. Annual Appreciation
10.22%
Original Mortgage
$322,794
Outstanding Balance
$282,039
Interest Rate
4.1%
Mortgage Type
VA
Estimated Equity
$362,811
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Thorson Matthew -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thorson Matthew $322,794
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2019 05/10/19 Sold $341,000 -2.3% $215 / Sq Ft
03/25/2019 03/25/19 Pending -- -- --
03/25/2019 03/25/19 For Sale $349,000 -- $220 / 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
2025 $5,285 $556,288 $208,520 $347,768
2024 $5,285 $556,288 $208,520 $347,768
2023 $5,687 $374,128 $138,000 $236,128
2022 $5,313 $374,128 $138,000 $236,128
2021 $4,968 $299,302 $110,400 $188,902
2020 $4,909 $299,302 $110,400 $188,902
2019 $3,971 $252,102 $63,200 $188,902
2018 $902 $55,848 $38,040 $17,808
2017 $520 $33,040 $33,040 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1407869

Maine Listings

APN: 47-4-A-0