NOT LISTED FOR SALE

72 Fairview Ln Smithfield, ME 04978

Estimated Value: $298,000 - $336,306

2 Beds
1 Bath
1,447 Sq Ft
$220/Sq Ft Est. Value

Last Sold February 21, 2025

Last sale price $285,000 $197 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,979/month

101 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Wood Flooring
  • Sun or Florida Room
  • 71 Feet of Waterfront
  • 1 Fireplace
  • Cottage

About This Home

As of February 2025

Sunset Views! Nestled just steps from the shimmering waters of North Pond, this classic Maine cottage captures the essence of serene lakeside living. The cottage is more than just a picturesque escape, it is a canvas waiting for your creative vision. Partially prepared for renovation, the property is ready to be transformed into a dream retreat that reflects your personal style. With breathtaking sunset views over the lake and surrounding mountains, the property offers a unique opportunity for relaxation and rejuvenation amidst the surrounding natural beauty. The inviting sandy bottom makes the shore a great swimming spot. The interior maintains a classic Maine camp charm. The lovely living room, anchored by a traditional stone fireplace, serves as a great gathering space. The sunroom, which faces the lake provides an idyllic spot to unwind while watching the sunset after a long day of recreational activities on the lake. Venturing upstairs reveals an unexpected open room brimming with potential. Two bedrooms adjacent to this area offer both comfort and privacy. The one car garage is in need of TLC will be an excellent option for storage needs. An RV parking area alongside the garage with power, water, and septic hook ups is an added bonus.

Last Agent to Sell the Property

Debra Cooke

Lakehome Group Real Estate Brokerage Email: info@lakehomegroup.com Listed on: 11/01/2024

Last Buyer's Agent

Debra Cooke

Lakehome Group Real Estate Brokerage Email: info@lakehomegroup.com Listed on: 11/01/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,336

Year Built

  • Built in 1936

Lot Details

  • 0.46 Acre Lot
  • 71 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Dirt Road
  • Street terminates at a dead end
  • Rural Setting
  • Seasonal Access to Property
  • Level Lot
  • Open Lot

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Cottage
  • Camp Architecture
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Clap Board Siding
  • Clapboard

Interior Spaces

  • 2 Bedrooms
  • 1,447 Sq Ft Home
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Wood Flooring

Outdoor Features

  • Deeded Waterfront Access Rights
  • Enclosed Glass Porch

Utilities

  • No Cooling
  • Space Heater
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Private Water Source
  • Well
  • No Water Heater
  • Septic System
  • Private Sewer

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number SMID-000018-000000-000007

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,336

Year Built

Built in 1936

Lot Details

0

HOA Fees

$8 per month

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.46
  • Road Frontage Type: Private
  • Road Surface Type: Gravel
  • Water Body Name: North Pond
  • MLS Status: Closed
  • Directions: From Tri Pond Variety, continue on Rt 8/Village Rd toward Smithfield. After approx. 2 miles, Fairview Lane will be on the left. Other camp roads turn off to the right, but continue on Fairview Lane. Camp will have a sign - left side. Right side is garage
  • Above Grade Finished Sq Ft: 1447.0
  • Architectural Style: Camp, Cottage
  • Garage Yn: Yes
  • Year Built: 1936
  • Attribution Contact: info@lakehomegroup.com
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: Yes
  • Property Information:Lot Size Acres -: 0.46
  • Property Information:SqFt Finished Above Grade: 1447.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Location Information:Association Fee: 100.0
  • Location Information:Fee Frequency Paid: Annually
  • Property Information:Garage Spaces: 1.0
  • Roads:Private: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Exterior:Clapboard: Yes
  • Exterior:Wood Siding: Yes
  • Sunroom:Sunroom: Yes
  • Foundation Materials:PillarPostPier: Yes
  • Sewer:Private Sewer: Yes
  • Heat Fuel:Wood2: Yes
  • Location:Rural: Yes
  • Roads:Dead End: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 71.0
  • Water Info:Water Frontage Owned -: 71.0
  • Recreational Water:Deeded: Yes
  • Style:Cottage: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Style:Camp: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • View:Scenic: Yes
  • Heat System:Space Heater: Yes
  • Water Heater:None2: Yes
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: None

Interior Features

  • Has Basement: None, Not Applicable
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes
  • Bedroom 2 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Level, Open Lot, Rural
  • View: Scenic
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Wood Siding, Clapboard, Wood Frame
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Glass Enclosed
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Space Heater
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association Fee: 100.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Junior High Dist: RSU 54/MSAD 54

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 20037.6
  • Parcel #: SMID-000018-000000-000007
  • Zoning: Unknown

Tax Info

  • Tax Annual Amount: 3336.0
  • Tax Book Number: 6189
  • Tax Lot: 7
  • Tax Map Number: 18
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2024
Closed on
Feb 21, 2025
Sold by
Ellsworth Kirsten L
Bought by
Foster Stephen D and Foster Deborah A
Seller's Agent
Debra Cooke
Lakehome Group Real Estate
Buyer's Agent
Debra Cooke
Lakehome Group Real Estate
List Price
$325,000
Sold Price
$285,000
Premium/Discount to List
-$40,000
-12.31%
Views
2571
Current Estimated Value
$317,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,827
Avg. Annual Appreciation
14.96%

Purchase Details

Listed on
Jul 17, 2018
Closed on
Sep 17, 2018
Sold by
Poulin Claire E
Bought by
Lane Michael L
Seller's Agent
Pat Donahue
Portside Real Estate Group
Buyer's Agent
Patrick Donahue
Lake & Country Real Estate, LLC
List Price
$159,000
Sold Price
$150,000
Premium/Discount to List
-$9,000
-5.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.48%
Original Mortgage
$135,000
Interest Rate
4.6%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Foster Stephen D $285,000 None Available
Foster Stephen D $285,000 None Available
Lane Michael L -- --
Lane Michael L -- --
Lane Michael L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lane Michael L $120,768
Previous Owner Lane Michael L $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2025 02/21/25 Sold $285,000 -8.1% $197 / Sq Ft
02/10/2025 02/10/25 Pending -- -- --
01/03/2025 01/03/25 Price Changed $310,000 -1.6% $214 / Sq Ft
11/18/2024 11/18/24 Price Changed $315,000 -3.1% $218 / Sq Ft
11/01/2024 11/01/24 For Sale $325,000 +116.7% $225 / Sq Ft
09/14/2018 09/14/18 Sold $150,000 -5.7% $137 / Sq Ft
07/26/2018 07/26/18 Pending -- -- --
07/17/2018 07/17/18 For Sale $159,000 -- $146 / 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 $3,336 $238,300 $170,700 $67,600
2023 $2,715 $161,600 $115,700 $45,900
2022 $2,715 $161,600 $115,700 $45,900
2021 $2,699 $161,600 $115,700 $45,900
2020 $2,699 $161,600 $115,700 $45,900
2019 $2,699 $161,600 $115,700 $45,900
2018 $2,666 $161,600 $115,700 $45,900
2017 $2,747 $161,600 $115,700 $45,900
2016 $2,747 $161,600 $115,700 $45,900
2015 $2,683 $161,600 $115,700 $45,900
2013 $2,400 $161,600 $115,700 $45,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1608500

Maine Listings

APN: SMID-000018-000000-000007