NOT LISTED FOR SALE

70 Shepards Ln Norway, ME 04268

Estimated Value: $470,000 - $623,000

3 Beds
1 Bath
720 Sq Ft
$779/Sq Ft Est. Value

Last Sold February 09, 2024

Last sale price $560,000 $778 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,681/month

5 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 1.3 Acre Lot
  • Deck
  • 98 Feet of Waterfront
  • Chalet
  • Wooded Lot

About This Home

As of February 2024

This charming waterfront three bedroom cabin is part of the historic Shepards Farm Camps. Gorgeous sunsets, quiet, clean lake with great fishing and scenic spots for kayaking. Lake Pennesseewassee, AKA Norway Lake, has two marinas and a public beach with boat launch. Many hiking, and biking trails close by. Close to quaint downtown Main Street with shops, restaurants, grocery, bakery, and arts. The camp has many updates, new gas insert fireplace which allows extended use in Spring and Fall. Renovated bathroom. with all new: instant hot water heater, stand up shower and washer and dryer. Furnished camp has Sunbrella fabric on couch, new mattresses and rugs. Brand new loveseat that pulls out for extra sleeping space. The screened in porch is lovely for morning coffee and afternoon naps in the dappled sunlight. The front yard is flat with picnc table and cozy fire pit. Waterfront has room for large deck and has a sandy beach.

Last Agent to Sell the Property

Monica LaVerdiere

Bearfoot Realty Listed on: 10/10/2023

Co-Listed By

Davis Turner

Bearfoot Realty

Last Buyer's Agent

Ian Dixon

Keller Williams Realty

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,203

Year Built

  • Built in 1920

Lot Details

  • 1.3 Acre Lot
  • 98 Feet of Waterfront
  • Lake Front
  • Dirt Road
  • Seasonal Access to Property
  • Level Lot
  • Wooded Lot
  • Property is zoned shoreland

HOA Fees

  • $32 Monthly HOA Fees

Parking

  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Chalet
  • Camp Architecture
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 720 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Living Room
  • Screened Porch
  • Wood Flooring

Kitchen

  • Electric Range
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Shower Only

Laundry

  • Laundry on main level
  • Washer

Basement

  • Dirt Floor
  • Crawl Space

Outdoor Features

  • Deeded Waterfront Access Rights
  • Deck

Location

  • Property is near a golf course

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Private Water Source
  • Well
  • Tankless Water Heater
  • Gas Water Heater
  • Septic System
  • Private Sewer
  • Internet Available

Community Details

  • Shephards Lane Road Association Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Legal Lot and Block 003 / 103
  • Assessor Parcel Number NORY-000023-000000-000103-000003

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,203

Year Built

Built in 1920

Lot Details

0

HOA Fees

$32 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.3
  • Road Surface Type: Gravel
  • Water Body Name: Lake Pennesseewassee
  • Co List Office Mls Id: 2683
  • Co List Office Phone: 207-539-6060
  • MLS Status: Closed
  • Subdivision Name: Shephards Lane Road Association
  • Above Grade Finished Sq Ft: 720.0
  • Architectural Style: Camp, Chalet
  • Garage Yn: No
  • Year Built: 1920
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: Yes
  • Property Information:Lot Size Acres -: 1.3
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 720.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Water Heater:Gas: Yes
  • Location Information:Association Fee: 385.0
  • Location Information:Fee Frequency Paid: Annually
  • Amenities:One-Floor Living: Yes
  • Amenities:Shower: Yes
  • Water Heater:Tankless: Yes
  • Living Room:Living Room: Yes
  • Exterior:Wood Siding: Yes
  • Basement:Crawl Space: Yes
  • Foundation Materials:PillarPostPier: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Basement:Dirt Floor: Yes
  • Roof:Pitched: Yes
  • Heat Fuel:Wood2: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 98.0
  • Water Info:Water Frontage Owned -: 98.0
  • Recreational Water:Deeded: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Equipment:Internet Access Available: Yes
  • Style:Camp: Yes
  • Property Information:Deed Restrictions: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • View:Scenic: Yes
  • Kitchen Countertop:Solid Surface: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Electric Range, Disposal
  • Has Basement: Dirt Floor, None, Crawl Space, Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Bedroom, One-Floor Living, Shower
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Level, Wooded, Near Golf Course, Near Town, Neighborhood
  • View: Scenic
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Deck, Porch, Screened
  • Roof: Pitched, Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Other
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association Fee: 385.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Junior High Dist: RSU 17/MSAD 17

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 56628.0
  • Parcel #: NORY-000023-000000-000103-000003
  • Zoning: shoreland

Tax Info

  • Tax Annual Amount: 4203.0
  • Tax Block: 103
  • Tax Book Number: 5526
  • Tax Lot: 003
  • Tax Map Number: 023
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2023
Closed on
Feb 9, 2024
Sold by
Kuhl Reichen A
Bought by
Sickles Ronald and Sickles Caroline
Seller's Agent
Monica LaVerdiere
Bearfoot Realty
Buyer's Agent
Ian Dixon
Keller Williams Realty
List Price
$539,900
Sold Price
$560,000
Premium/Discount to List
$20,100
3.72%
Views
15
Current Estimated Value
$588,395

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,395
Avg. Annual Appreciation
0.07%
Original Mortgage
$280,000
Outstanding Balance
$265,951
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$294,619

Purchase Details

Listed on
Oct 10, 2023
Closed on
Feb 6, 2024
Sold by
Sickles Ronald and Sickles Caroline
Bought by
Spicer Abbie A and Spicer David A
Seller's Agent
Monica LaVerdiere
Bearfoot Realty
Buyer's Agent
Ian Dixon
Keller Williams Realty
List Price
$539,900
Sold Price
$560,000
Premium/Discount to List
$20,100
3.72%
Views
15

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Outstanding Balance
$265,951
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$294,619

Purchase Details

Listed on
Mar 7, 2020
Closed on
Jun 6, 2020
Sold by
Loring Janet M
Bought by
Sickles Ronald and Sickles Caroline
Seller's Agent
Helen Robillard
Keller Williams Realty
Buyer's Agent
Katherine Stewart
EXP Realty
List Price
$289,000
Sold Price
$275,000
Premium/Discount to List
-$14,000
-4.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.38%
Original Mortgage
$220,000
Interest Rate
3.2%
Mortgage Type
New Conventional
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
Sickles Ronald -- None Available
Spicer Abbie A $560,000 None Available
Kuhl Reichen A -- None Available
Sickles Ronald -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sickles Ronald $280,000
Closed Spicer Abbie A $280,000
Previous Owner Sickles Ronald $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2024 02/09/24 Sold $560,000 +3.7% $778 / Sq Ft
10/15/2023 10/15/23 Pending -- -- --
10/10/2023 10/10/23 For Sale $539,900 +96.3% $750 / Sq Ft
06/11/2020 06/11/20 Sold $275,000 -4.8% $382 / Sq Ft
05/07/2020 05/07/20 Pending -- -- --
03/07/2020 03/07/20 For Sale $289,000 -- $401 / 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 $5,312 $298,078 $248,609 $49,469
2023 $4,382 $298,100 $248,600 $49,500
2022 $4,203 $298,100 $248,600 $49,500
2021 $4,609 $264,100 $226,000 $38,100
2020 $4,635 $264,100 $226,000 $38,100
2019 $4,635 $264,100 $226,000 $38,100
2018 $4,543 $264,100 $226,000 $38,100
2017 $4,543 $264,100 $226,000 $38,100
2015 $4,199 $264,100 $226,000 $38,100
2013 $3,882 $264,100 $226,000 $38,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1574416

Maine Listings

APN: NORY-000023-000000-000103-000003