NOT LISTED FOR SALE

7 Morgan St Lincoln, ME 04457

Estimated Value: $122,000 - $167,000

2 Beds
2 Baths
925 Sq Ft
$158/Sq Ft Est. Value

Last Sold October 11, 2023

Last sale price $105,000 $114 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $988/month

97 Days on Market

Highlights

  • Public Beach
  • Wood Flooring
  • 1 Car Detached Garage
  • Ranch Style House
  • No HOA
  • 5-minute walk to Marguerite Flanders Playground

About This Home

As of October 2023

Ranch style home for sale in Lincoln, Maine. This home features a mudroom, kitchen, living room, 2 bedrooms, and a full bathroom. The basement has a full bathroom and a bonus room. There is a spacious back yard and a one car detached garage. Located in the heart of Lincoln, this property is within short walking distance of area schools, Mattanawcook Lake, and all of Lincoln's downtown amenities.

Last Agent to Sell the Property

Nolan Hanson

True North Realty, Inc. Listed on: 05/14/2023

True North Realty, Inc.

Co-Listed By

Christopher Ireland

True North Realty, Inc.

Last Buyer's Agent

Alan Staples

Acres Away, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,929

Year Built

  • Built in 1955

Lot Details

  • 0.41 Acre Lot
  • Public Beach
  • Street terminates at a dead end
  • Landscaped
  • Level Lot
  • Open Lot

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Home Design

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

Interior Spaces

  • 925 Sq Ft Home
  • Living Room
  • Electric Range

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

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

Location

  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Natural Gas Not Available
  • Private Water Source
  • Well
  • Internet Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 202
  • Assessor Parcel Number LNCN-000139-000000-000202

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,929

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.41
  • Road Surface Type: Paved
  • Co List Office Mls Id: 3383
  • Co List Office Phone: 207-403-9125
  • MLS Status: Closed
  • Directions: From Main Street in Lincoln, turn right on Lee Road, right on Morgan Street. Property is the second property on the right, sign posted.
  • Above Grade Finished Sq Ft: 925.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Year Built: 1955
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.41
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 925.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Property Information:Garage Spaces: 1.0
  • Exterior:Vinyl Siding: Yes
  • Vehicle Storage:Detached: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Style:Ranch: Yes
  • Location:Near Public Beach: Yes
  • Roads:Dead End: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Equipment:Internet Access Available: Yes
  • Site:RollingSloping: Yes
  • Water:Well Existing on Site: Yes
  • Basement:Sump Pump: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Electric Range, Dryer
  • Other Equipment: Internet Access Available
  • Has Basement: Walk-Out Access, Full, Sump Pump, Interior Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Wood, Laminate
  • Interior Amenities: 1st Floor Bedroom
  • Full Basement: Yes
  • Bedroom 2 Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Level, Open Lot, Rolling Slope, Landscaped, Intown, Near Public Beach, Near Shopping, Near Town
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: 1 - 4 Spaces, Gravel, Detached

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 17859.6
  • Parcel #: LNCN-000139-000000-000202
  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 1929.0
  • Tax Book Number: 13190
  • Tax Lot: 202
  • Tax Map Number: 139
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2023
Closed on
Oct 11, 2023
Sold by
Emery Brian K
Bought by
Lemon Michelle M
Seller's Agent
Nolan Hanson
True North Realty, Inc.
Buyer's Agent
Alan Staples
Acres Away, Inc.
List Price
$145,000
Sold Price
$105,000
Premium/Discount to List
-$40,000
-27.59%
Current Estimated Value
$144,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,416
Avg. Annual Appreciation
12.61%
Original Mortgage
$99,750
Outstanding Balance
$98,255
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$32,550

Purchase Details

Closed on
May 24, 2013
Sold by
Emery Keith C
Bought by
Emery Karen M and Emery Brian K
Source: Public Records

Range of Values:

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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
Lemon Michelle M $105,000 None Available
Emery Karen M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lemon Michelle M $99,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2023 10/11/23 Sold $105,000 -27.6% $114 / Sq Ft
08/19/2023 08/19/23 Pending -- -- --
05/14/2023 05/14/23 For Sale $145,000 -- $157 / 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 $2,416 $117,300 $34,700 $82,600
2023 $2,256 $87,700 $24,200 $63,500
2022 $1,929 $87,700 $24,200 $63,500
2021 $1,640 $87,700 $24,200 $63,500
2020 $1,652 $76,500 $23,600 $52,900
2019 $1,767 $76,500 $23,600 $52,900
2018 $1,490 $64,500 $18,300 $46,200
2017 $1,454 $64,500 $18,300 $46,200
2016 $1,441 $64,500 $18,300 $46,200
2015 $1,432 $64,500 $18,300 $46,200
2014 $1,445 $64,500 $18,300 $46,200
2013 $1,481 $64,500 $18,300 $46,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1558832

Maine Listings

APN: LNCN-000139-000000-000202