NOT LISTED FOR SALE

7 Lori Ln Limerick, ME 04048

Estimated Value: $424,000 - $471,000

3 Beds
2 Baths
1,632 Sq Ft
$279/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $300,000 $184 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,838/month

4 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • View of Trees or Woods
  • Clubhouse
  • Public Beach
  • Cape Cod Architecture
  • Deck

About This Home

As of May 2021

This home boasts of a large level yard, perfect for entertaining and just in time for summer fun on the Lake! This 3 bedroom, 2 bath has been well maintained and includes many updates over the years to include a Mini split Fujitsu unit, Pellet stove, Heat Pump and more. This home is situated within the Lake Arrowhead Community with clubhouse benefits with access to the fitness center, indoor & outdoor pools, and Association ensures clean domestic water for the Community.

Last Agent to Sell the Property

Theresa Cawood

Keller Williams Realty Brokerage Phone: 207-415-8995 Listed on: 04/15/2021

Keller Williams Realty

Last Buyer's Agent

Jeffrey Mateja

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,567

Year Built

  • Built in 2007

Lot Details

  • 1 Acre Lot
  • Dirt Road
  • Public Beach
  • Rural Setting
  • Corner Lot
  • Level Lot
  • Open Lot

HOA Fees

  • $89 Monthly HOA Fees

Parking

  • Gravel Driveway

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,632 Sq Ft Home
  • Family Room
  • Dining Room
  • Views of Woods
  • Laundry on main level

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms
  • Bathtub

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Outdoor Features

  • Deeded Waterfront Access Rights
  • Nearby Water Access
  • Deck

Utilities

  • Cooling Available
  • Forced Air Zoned Heating System
  • Heating System Uses Oil
  • Heat Pump System
  • Pellet Stove burns compressed wood to generate heat
  • Heating System Mounted To A Wall or Window
  • Hot Water Heating System
  • Natural Gas Not Available
  • Private Sewer

Listing and Financial Details

  • Tax Lot 008
  • Assessor Parcel Number LIME-000045-000000-000008

Community Details

Overview

  • Lake Arrowhead Subdivision

Amenities

  • Clubhouse

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,567

Year Built

Built in 2007

Lot Details

0

HOA Fees

$89 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.0
  • Road Surface Type: Gravel
  • MLS Status: Closed
  • Subdivision Name: Lake Arrowhead
  • Directions: RT. 5 TO WAYCROSSWAY TO LORI LANE. #7 ON RIGHT.
  • Above Grade Finished Sq Ft: 1632.0
  • Architectural Style: Cape
  • Garage Yn: No
  • Year Built: 2007
  • Attribution Contact: 207-415-8995
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.0
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1632.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Location Information:Association Fee: 1070.0
  • Location Information:Fee Frequency Paid: Annually
  • Exterior:Vinyl Siding: Yes
  • Heat System:Heat Pump: Yes
  • Cooling:Heat Pump3: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Dining Room:Dining Room: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Heat System:Multi-Zones: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Recreational Water:Nearby: Yes
  • Location:Rural: Yes
  • Roads:GravelDirt: Yes
  • Recreational Water:Deeded: Yes
  • Driveway:Gravel: Yes
  • View:TreesWoods: Yes
  • Family Room:Family Room: Yes
  • Heat Fuel:Pellets: Yes
  • Heat System:Direct Vent Furnace: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Microwave, Electric Range, Dishwasher
  • Has Basement: Full, Exterior Entry, Bulkhead, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: Bathtub
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Primary Bedroom Primary Bedroom Level: Second

Exterior Features

  • Lot Features: Corner Lot, Level, Open Lot, Near Public Beach, Neighborhood, Rural
  • View: Trees/Woods
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Gravel

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Other, Multi-Zones, Hot Water, Heat Pump, Forced Air, Direct Vent Furnace
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse
  • Association Fee: 1070.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Association Amenities:Club House: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 43560.0
  • Parcel #: LIME-000045-000000-000008
  • Zoning: RES

Tax Info

  • Tax Annual Amount: 2567.0
  • Tax Book Number: 16114
  • Tax Lot: 008
  • Tax Map Number: 45
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2021
Closed on
May 27, 2021
Sold by
Mahaffey Taylor and Mahaffey Keely
Bought by
Gowing Marylou and Gowing Steve C
Seller's Agent
Theresa Cawood
Keller Williams Realty
Buyer's Agent
Jeffrey Mateja
Keller Williams Realty
List Price
$259,000
Sold Price
$300,000
Premium/Discount to List
$41,000
15.83%
Current Estimated Value
$454,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,776
Avg. Annual Appreciation
9.85%
Original Mortgage
$294,566
Outstanding Balance
$269,956
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$178,077

Purchase Details

Closed on
Jun 21, 2011
Sold by
Liguori Connie L and Liguori Anthony L
Bought by
Mahaffey Taylor and Mahaffey Keely

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
4.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 6, 2007
Sold by
Jw Group Llc
Bought by
Liguori Anthony L and Liguori Connie Lou

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,100
Interest Rate
6.39%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Gowing Marylou -- Misc Company
Mahaffey Taylor -- --
Liguori Anthony L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gowing Marylou $294,566
Previous Owner Mahaffey Taylor $174,700
Previous Owner Mahaffey Keely $155,000
Previous Owner Mahaffey Taylor $154,000
Previous Owner Liguori Anthony L $131,100
Previous Owner Liguori Anthony L $23,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2021 05/28/21 Sold $300,000 +15.8% $184 / Sq Ft
04/20/2021 04/20/21 Pending -- -- --
04/15/2021 04/15/21 For Sale $259,000 -- $159 / 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 $3,317 $349,109 $85,000 $264,109
2023 $2,974 $195,681 $32,500 $163,181
2022 $2,779 $195,681 $32,500 $163,181
2021 $2,599 $156,545 $26,000 $130,545
2020 $2,567 $156,545 $26,000 $130,545
2019 $2,466 $156,545 $26,000 $130,545
2018 $2,528 $156,545 $26,000 $130,545
2017 $2,466 $156,545 $26,000 $130,545
2016 $2,356 $156,545 $26,000 $130,545
2015 $2,286 $156,545 $26,000 $130,545
2014 $2,215 $156,545 $26,000 $130,545
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1487856

Maine Listings

APN: LIME-000045-000000-000008