P
Seller's Agent in 2024
Patricia Gallant
Coldwell Banker Realty
70 Arrowhead Ln Limerick, ME 04048
Estimated Value: $439,000 - $481,000
3
Beds
2
Baths
2,768
Sq Ft
$164/Sq Ft
Est. Value
Highlights
- Deeded Waterfront Access Rights
- View of Trees or Woods
- Cape Cod Architecture
- 600 Feet of Waterfront
- 2.67 Acre Lot
- Clubhouse
About This Home
As of February 2024Welcome to your lake retreat! This spacious cape-style home is a breath of fresh air, situated on one of the largest lots in the neighborhood for ultimate privacy. Just a block from the water, a quick 2-minute walk to the beaches, and access to ATV/snowmobile trails, it's the perfect blend of lake living and tranquility for the outdoor enthusiast without the exorbitant taxes. The Lake Arrowhead Association provides road maintenance, public water, tree/limb clearing, more than 10 beaches, boat ramp, club house, gym, indoor pool, and much more!
Inside, you'll find an open and airy layout with exposed beams that exude warmth. The 12x26 three-season sunroom is a highlight, offering garden views and removable, custom winter window inserts making the space enjoyable throughout the Fall/Spring.
The expansive master bedroom, with extensive closet space, is a private haven with its own deck overlooking the lush surroundings. The master bath is a touch of luxury with Italian tile floors and a double sink vanity.
The kitchen is a chef's dream, seamlessly connected to the dining area and an elevated deck that showcases the gardens, a private pond, and a cozy fire pit. Hardwood floors, recessed lights, heated ceiling fans and high-end finishes add a touch of sophistication throughout.
Practical features include a spacious loft which can be used as a family/movie room, playroom, office or workout space. The large 2-car garage is connected to a nicely finished space in the basement including a built in bar and generator hookup. The home has also been wired with a hot tub hookup for future relaxation.
This home is more than a house; it's a vibe - a 2-minute escape to beaches, a block from the water, and nestled in one of the best neighborhoods. With great flow and unbeatable privacy, this sunlit gem is ready to be your new sanctuary!
Last Agent to Sell the Property
Patricia Gallant
Coldwell Banker Realty Brokerage Phone: 207-773-1990 Listed on: 11/15/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,163
Year Built
- Built in 1985
Lot Details
- 2.67 Acre Lot
- 600 Feet of Waterfront
- Lake Front
- Property fronts a private road
- Rural Setting
- Landscaped
- Level Lot
- Wooded Lot
HOA Fees
- $85 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
- Automatic Garage Door Opener
- Garage Door Opener
- Gravel Driveway
- Off-Site Parking
Home Design
- Cape Cod Architecture
- Concrete Foundation
- Block Foundation
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- Built-In Features
- Cathedral Ceiling
- Skylights
- Living Room
- Dining Room
- Loft
- Bonus Room
- Screened Porch
- Sink in Utility Room
- Views of Woods
Kitchen
- Eat-In Kitchen
- Gas Range
- Microwave
- Dishwasher
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Main Floor Bedroom
- Primary bedroom located on second floor
- En-Suite Primary Bedroom
- Walk-In Closet
- Bedroom Suite
- 2 Full Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Bathtub
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Outdoor Features
- Deeded Waterfront Access Rights
- Beach Access
- Nearby Water Access
- Balcony
- Deck
Utilities
- No Cooling
- Heating System Uses Oil
- Baseboard Heating
- Hot Water Heating System
- Generator Hookup
- Electric Water Heater
- Private Sewer
Listing and Financial Details
- Tax Lot 216-220
- Assessor Parcel Number LIME-000041-000000-000220
Community Details
Overview
- Lake Arrowhead Estates Subdivision
Amenities
- Clubhouse
- Community Storage Space
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 15, 2023
Closed on
Feb 22, 2024
Sold by
Gould Janice L and Ciotti Shawn A
Bought by
Lang Jesse and Lang Heather
Seller's Agent
Patricia Gallant
Coldwell Banker Realty
Buyer's Agent
Patrick Coughlan
Real Broker
List Price
$405,000
Sold Price
$399,000
Premium/Discount to List
-$6,000
-1.48%
Views
7
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,934
Avg. Annual Appreciation
7.00%
Original Mortgage
$399,000
Outstanding Balance
$394,327
Interest Rate
6.69%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$48,468
Purchase Details
Listed on
Jun 20, 2022
Closed on
Aug 15, 2022
Sold by
Magness Joseph P and Magness Mary M
Bought by
Ciotti Shawn A and Gould Janice L
Seller's Agent
Glen Pierce
Bean Group
Buyer's Agent
James McAleney
Cottage & Co Real Estate
List Price
$345,000
Sold Price
$375,000
Premium/Discount to List
$30,000
8.7%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.17%
Original Mortgage
$368,207
Interest Rate
5.7%
Mortgage Type
FHA
Purchase Details
Closed on
Jun 18, 2010
Sold by
Brackett Stephen and Brackett Steven W
Bought by
Magness Mary M and Magness Joseph P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,600
Interest Rate
5.03%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lang Jesse | $399,000 | None Available | |
| Ciotti Shawn A | $375,000 | None Available | |
| Magness Mary M | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lang Jesse | $399,000 | |
| Closed | Lang Jesse | $399,000 | |
| Previous Owner | Ciotti Shawn A | $368,207 | |
| Previous Owner | Magness Mary M | $125,000 | |
| Previous Owner | Magness Mary M | $125,600 | |
| Previous Owner | Brackett Jane | $144,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/22/2024 02/22/24 | Sold | $399,000 | -1.5% | $144 / Sq Ft |
| 02/22/2024 02/22/24 | Pending | -- | -- | -- |
| 11/15/2023 11/15/23 | For Sale | $405,000 | +8.0% | $146 / Sq Ft |
| 08/15/2022 08/15/22 | Sold | $375,000 | +8.7% | $153 / Sq Ft |
| 06/23/2022 06/23/22 | Pending | -- | -- | -- |
| 06/20/2022 06/20/22 | For Sale | $345,000 | -- | $140 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $3,853 | $405,602 | $92,014 | $313,588 |
| 2023 | $3,168 | $208,431 | $39,175 | $169,256 |
| 2022 | $2,960 | $208,431 | $39,175 | $169,256 |
| 2021 | $2,768 | $166,745 | $31,340 | $135,405 |
| 2020 | $2,735 | $166,745 | $31,340 | $135,405 |
| 2019 | $2,626 | $166,745 | $31,340 | $135,405 |
| 2018 | $2,654 | $164,330 | $28,925 | $135,405 |
| 2017 | $2,588 | $164,330 | $28,925 | $135,405 |
| 2016 | $2,473 | $164,330 | $28,925 | $135,405 |
| 2015 | $2,399 | $164,330 | $28,925 | $135,405 |
| 2014 | $2,257 | $159,505 | $24,100 | $135,405 |
Source: Public Records
Agents Affiliated with this Home
-
-
Patrick Coughlan
P
Buyer's Agent in 2024
Patrick Coughlan
Real Broker
(207) 557-3040
1 in this area
99 Total Sales
-
G
Seller's Agent in 2022
Glen Pierce
Bean Group
-
James McAleney
J
Buyer's Agent in 2022
James McAleney
Cottage & Co Real Estate
(207) 653-1188
1 in this area
62 Total Sales
Map
Source: Maine Listings
MLS Number: 1577166
APN: LIME-000041-000000-000220
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