NOT LISTED FOR SALE

7 Papoose Island Rd Raymond, ME 04071

Estimated Value: $1,245,054 - $1,402,000

3 Beds
3 Baths
2,900 Sq Ft
$446/Sq Ft Est. Value

Last Sold September 20, 2024

Last sale price $1,300,000 $448 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $7,929/month

6 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Docks
  • Contemporary Architecture
  • 101 Feet of Waterfront
  • Deck
  • Cathedral Ceiling

About This Home

As of September 2024

Check out this lovely little Maine oasis on the shores of Sebago! This charming 3 bed, 3 full bath home in Raymond features a beautiful sandy beach, wonderful views across the lake, a lovely level lot with a large front yard on the water side great for entertaining guests, a dock, and a mooring with unbelievable privacy. Property includes a workshop, laundry room, utility room, two sheds and much more such as a full house generator. Don't miss out on this home with fabulous views of the lake from most rooms and loads of blueberry bushes to make treats!
House has been expanded to double it's size since its original construction in 1988/ 2009.

Last Agent to Sell the Property

Lois O'Connor

Sunset Lakes Real Estate Listed on: 07/26/2024

Sunset Lakes Real Estate

Co-Listed By

Jennifer O'Connor

Sunset Lakes Real Estate

Sunset Lakes Real Estate

Last Buyer's Agent

Jennifer O'Connor

Sunset Lakes Real Estate

Sunset Lakes Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,751

Year Built

  • Built in 1960

Lot Details

  • 0.47 Acre Lot
  • 101 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Dirt Road
  • Landscaped
  • Level Lot
  • Property is zoned Shore Land Zoning

HOA Fees

  • $25 Monthly HOA Fees

Property Views

  • Water
  • Scenic Vista

Home Design

  • Contemporary Architecture
  • Cottage
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Radon Mitigation System
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Furnished
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Storage Room

Kitchen

  • Electric Range
  • Stove
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub
  • Shower Only

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Partial Basement
  • Interior Basement Entry
  • Natural lighting in basement

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Deeded Waterfront Access Rights
  • Beach Access
  • Deep Water Access
  • Mooring
  • Docks
  • Deck
  • Shed
  • Outbuilding
  • Enclosed Glass Porch

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Zoned Heating
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Power Generator
  • Private Water Source
  • Well
  • Water Heated On Demand
  • Septic System
  • Septic Design Available
  • Private Sewer
  • Internet Available

Listing and Financial Details

  • Tax Lot 044
  • Assessor Parcel Number RYMD-000068-000000-000044

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,751

Year Built

Built in 1960

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.47
  • Road Frontage Type: Private
  • Road Surface Type: Gravel
  • Water Body Name: Sebago
  • Co List Office Mls Id: 2265
  • Co List Office Phone: 207-655-2139
  • MLS Status: Closed
  • Directions: Rt 302 driving NW turn left on Hawthorne Rd. travel past Frye Island ferry make left on to Quarry Cove Rd. then right on to Papoose until you get to 7 Papoose Island Rd., sign on property .
  • Above Grade Finished Sq Ft: 1590.0
  • Architectural Style: Contemporary, Cottage
  • Garage Yn: No
  • Year Built: 1960
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 0.47
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 1590.0
  • Property Information:SqFt Finished Below Grade: 1310.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Basement:Daylight: Yes
  • Percent Basement Finished: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Propane: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Water Heater:On Demand: Yes
  • Location Information:Association Fee: 300.0
  • Location Information:Fee Frequency Paid: Annually
  • Roads:Private: Yes
  • Heat Fuel:Electric: Yes
  • Kitchen Countertop:Granite: Yes
  • Water Heater:Electric2: Yes
  • Amenities:One-Floor Living: Yes
  • Amenities:Shower: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Amenities:Walk-in Closets: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Basement:Partial: Yes
  • Heat System:Multi-Zones: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Sunroom:Sunroom: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Water Info:Waterfront Amount -: 101.0
  • Water Info:Water Frontage Owned -: 101.0
  • Recreational Water:Deeded: Yes
  • Recreational Water:Waterfront Deep: Yes
  • Style:Cottage: Yes
  • Water:Private2: Yes
  • Dining Room Amenities:Dining Area: Yes
  • Room Features:Dining Area2: Yes
  • Family Room:Family Room: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Sewer:Septic Design Available: Yes
  • Energy Efficiency:Ceiling Fans: Yes
  • Living Room Amenities:Cathedral Ceiling5: Yes
  • Room Features:Cathedral Ceiling29: Yes
  • Room Features:Heat Stove29: Yes
  • View:Scenic: Yes
  • Heat System:Direct Vent Heater: Yes
  • Amenities:Furniture Included: Yes
  • Equipment:Generator: Yes
  • Laundry Room:Laundry Room: Yes
  • Room Features:Built-Ins30: Yes
  • Recreational Water:Dock: Yes
  • Living Room Amenities:Heat Stove5: Yes
  • Dining Room Amenities:Cathedral Ceiling15: Yes
  • Cooling:AC Units: Yes
  • Recreational Water:Beach Rights: Yes
  • Sunroom Amenities:Four-Season: Yes
  • Room Features:Storage3: Yes
  • Recreational Water:Boat Mooring: Yes
  • Equipment:Water Radon Mitigation System: Yes
  • Sunroom Amenities:Cathedral Ceiling: Yes
  • Other Structures:Shed: Yes
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Other Structures:Out Building: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher
  • Has Basement: Walk-Out Access, Daylight, Finished, Partial, Interior Entry
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1310.0
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Walk-in Closets, Furniture Included, 1st Floor Bedroom, Bathtub, One-Floor Living, Shower
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Laundry Room Laundry Room Level: First

Exterior Features

  • Lot Features: Level, Landscaped, Neighborhood
  • View: Scenic
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding, Shed(s)
  • Patio And Porch Features: Deck, Glass Enclosed, Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: A/C Units, Multi Units
  • Cooling Y N: Yes
  • Heating: Multi-Zones, Direct Vent Heater, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Design Available, Septic Existing on Site
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association Fee: 300.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 20473.2
  • Parcel #: RYMD-000068-000000-000044
  • Zoning: Shore Land Zoning

Tax Info

  • Tax Annual Amount: 7751.0
  • Tax Book Number: 6114
  • Tax Lot: 044
  • Tax Map Number: 068
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2024
Closed on
Sep 20, 2024
Sold by
Lynch John R and Lynch Diane M
Bought by
Valentine Nicholas
Seller's Agent
Lois O'Connor
Sunset Lakes Real Estate
Buyer's Agent
Jennifer O'Connor
Sunset Lakes Real Estate
List Price
$1,300,000
Sold Price
$1,300,000
Views
15
Current Estimated Value
$1,293,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,736
Avg. Annual Appreciation
-3.72%
Original Mortgage
$1,040,000
Outstanding Balance
$1,034,249
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$229,329
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
Valentine Nicholas $1,300,000 None Available
Valentine Nicholas $1,300,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valentine Nicholas $1,040,000
Closed Valentine Nicholas $1,040,000
Previous Owner Lynch Diane M $748,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2024 09/20/24 Sold $1,300,000 0.0% $448 / Sq Ft
08/02/2024 08/02/24 Pending -- -- --
07/26/2024 07/26/24 For Sale $1,300,000 -- $448 / 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 $8,385 $487,500 $398,900 $88,600
2023 $7,751 $487,500 $398,900 $88,600
2022 $7,313 $487,500 $398,900 $88,600
2021 $6,874 $487,500 $398,900 $88,600
2019 $6,557 $487,500 $398,900 $88,600
2018 $2,298 $487,500 $398,900 $88,600
2017 $5,996 $487,500 $398,900 $88,600
2016 $5,899 $487,500 $398,900 $88,600
2015 $5,826 $487,500 $398,900 $88,600
2014 $5,753 $487,500 $398,900 $88,600
2013 $5,484 $487,500 $398,900 $88,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1598275

Maine Listings

APN: RYMD-000068-000000-000044