$488,000
SOLD MAR 3, 2023

7 Cedar Cir Limerick, ME 04048

4 Beds
3 Baths
2,921 Sq Ft
1.68 Acres

Recently Sold

$167 Per Sq Ft

11% Below List Price

65 Days on Market

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • Home Office
  • Wood Flooring
  • Bonus Room
  • 3 Car Detached Garage

About This Home

As of March 2023

What an opportunity to own a spacious home in the Lake Arrowhead Community and a treat to have all that the Community has to offer: Beaches, Lake fun, and community centers, in such a serene and private location! The home sits at the end of a dead end street and is perfectly surrounded by trees with a well landscaped lot! As you enter the home, you'll appreciate the open flow of the first floor with two flex rooms which are optimal for office space or even a quiet reading nook. The kitchen is a wide galley style with a perfect transition into the dining area. The second level offers all 4 bedrooms with an expansive Primary Suite including a large bathroom and dressing room, aka the closet of your dreams! Moving to the lower level, you'll find a large entertainment room with walkout access to the backyard! The home has had many updates over the years, including a new roof in 2020! This is a relocation home; call today for additional details and more importantly schedule a showing!

Last Agent to Sell the Property

Christina Connell

Berkshire Hathaway HomeServices Verani Realty Listed on: 11/14/2022

Berkshire Hathaway HomeServices Verani Realty

Last Buyer's Agent

Diane Gray

Treeline to Shoreline Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,670

Year Built

  • Built in 1997

Lot Details

  • 1.68 Acre Lot
  • Landscaped
  • Property is zoned LA

HOA Fees

  • $110 Monthly HOA Fees

Parking

  • 3 Car Detached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Clap Board Siding
  • Clapboard

Interior Spaces

  • 1 Fireplace
  • Living Room
  • Dining Room
  • Home Office
  • Bonus Room

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Shed

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Private Sewer

Community Details

  • Lac Subdivision

Listing and Financial Details

  • Tax Lot 46-48
  • Assessor Parcel Number LIME-000041-000000-000046

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,670

Year Built

Built in 1997

Lot Details

0

HOA Fees

$110 per month

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.68
  • MLS Status: Closed
  • Subdivision Name: LAC
  • Directions: Route 117 to left onto Dole Ridge Road, to left onto Deer Crossing to left on Cedar Circle.
  • Above Grade Finished Sq Ft: 2304.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Year Built: 1997
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.68
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2304.0
  • Property Information:SqFt Finished Below Grade: 617.0
  • Property Information:Garage: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Location Information:Association Fee: 110.0
  • Location Information:Fee Frequency Paid: Monthly
  • Property Information:Garage Spaces: 3.0
  • Vehicle Storage:Detached: Yes
  • Amenities:Walk-in Closets: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Exterior:Clapboard: Yes
  • Exterior:Wood Siding: Yes
  • Bonus Room:Bonus Room: Yes
  • Style:Colonial: Yes
  • Office:Office: Yes
  • Sewer:Private Sewer: Yes
  • Den:Den: Yes
  • Other Structures:Shed: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: VirtualTour

Interior Features

  • Has Basement: Walk-Out Access, Finished, Full, Interior Entry
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 617.0
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Walk-in Closets, Primary Bedroom w/Bath
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: Second
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Landscaped, Neighborhood
  • Waterfront: No
  • Construction Type: Wood Siding, Clapboard, Wood Frame
  • Other Structures: Shed(s)
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: 11 - 20 Spaces, Paved, Detached

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 110.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 73180.8
  • Parcel #: LIME-000041-000000-000046
  • Zoning: LA

Tax Info

  • Tax Annual Amount: 3670.0
  • Tax Book Number: 18401
  • Tax Lot: 46-48
  • Tax Map Number: 41
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2022
Closed on
Mar 3, 2023
Sold by
Coyne Jon P and Coyne Elizabeth T
Bought by
Mccusker Walter and Mccusker Maureen M
Seller's Agent
Christina Connell
Berkshire Hathaway HomeServices Verani Realty
Buyer's Agent
Diane Gray
Treeline to Shoreline Realty
List Price
$550,000
Sold Price
$488,000
Premium/Discount to List
-$62,000
-11.27%
Current Estimated Value
$576,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,082
Avg. Annual Appreciation
8.38%
Original Mortgage
$340,000
Outstanding Balance
$331,252
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$259,290

Purchase Details

Listed on
Aug 11, 2020
Closed on
Oct 1, 2020
Sold by
Corr Janice A
Bought by
Coyne Jon P
Seller's Agent
Nathan McCabe
Pack Maynard and Associates
Buyer's Agent
Jane Cyr
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$345,000
Sold Price
$355,000
Premium/Discount to List
$10,000
2.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.05%
Original Mortgage
$284,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2005
Sold by
Duren Michael P and Duren Jennifer L
Bought by
Corr Janice A and Corr James J
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $340,000 Purchase Money Mortgage
Previous Owner $284,000 New Conventional
Previous Owner $140,000 Unknown
Previous Owner $120,000 Commercial
Previous Owner $25,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2023 03/03/23 Sold $488,000 -11.3% $167 / Sq Ft
11/14/2022 11/14/22 For Sale $550,000 +54.9% $188 / Sq Ft
10/01/2020 10/01/20 Sold $355,000 +2.9% $122 / Sq Ft
08/16/2020 08/16/20 Pending -- -- --
08/10/2020 08/10/20 For Sale $345,000 -- $118 / 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 $5,338 $561,922 $127,856 $434,066
2023 $4,309 $283,483 $35,900 $247,583
2022 $4,025 $283,482 $35,900 $247,582
2021 $3,765 $226,786 $28,720 $198,066
2020 $3,719 $226,786 $28,720 $198,066
2019 $3,572 $226,786 $28,720 $198,066
2018 $3,663 $226,786 $28,720 $198,066
2017 $3,572 $226,786 $28,720 $198,066
2016 $3,413 $226,786 $28,720 $198,066
2015 $3,311 $226,786 $28,720 $198,066
2014 $3,209 $226,786 $28,720 $198,066
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1548081

Maine Listings

APN: LIME-000041-000000-000046