Seller's Agent in 2024
Jim Quimby
RE/MAX
(207) 270-1659
321 Total Sales
74 Ostrom Rd Bowerbank, ME 04426
Estimated Value: $383,000 - $494,000
2
Beds
1
Bath
1,824
Sq Ft
$239/Sq Ft
Est. Value
Highlights
- 150 Feet of Waterfront
- Raised Ranch Architecture
- Attic
- Wooded Lot
- Wood Flooring
- 2 Car Attached Garage
About This Home
As of June 2024Welcome to your lakeside haven at Sebec Lake! Nestled along 150 feet of privately owned shore frontage, this exceptional waterfront property is just what you've been looking for. This charming home boasts two bedrooms, one full bathroom, and a full poured concrete walk-out foundation that's partially finished. For the hobbyist or DIY enthusiast, there's an oversized two-bay garage, complete with a workshop area and abundant storage space above. Imagine the possibility of converting this space into additional living quarters or an entertainment area, all while reveling in stunning views of the lake. Enjoy picturesque vistas of the serene waters from multiple vantage points within the home. Even the workshop area in the garage offers an incredible panorama, creating an inspiring environment for work or leisure. Seize the opportunity to embrace the outdoors; whether it's for the love of fishing, boating, or indulging in thrilling activities like snowmobiling and ATVing, this location caters to an array of interests. And for those seeking tranquility, bask in the simple pleasure of unwinding by the water's edge. Discover the allure of Sebec Lake living; where every moment is an invitation to embrace nature's beauty and create cherished memories. Welcome home to a lifestyle of relaxation and adventure amidst the breathtaking surroundings.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,265
Year Built
- Built in 2000
Lot Details
- 0.63 Acre Lot
- 150 Feet of Waterfront
- Lake Front
- Property fronts a private road
- Dirt Road
- Rural Setting
- Level Lot
- Open Lot
- Wooded Lot
HOA Fees
- $13 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Heated Garage
- Automatic Garage Door Opener
- Garage Door Opener
- Gravel Driveway
Property Views
- Water
- Scenic Vista
- Woods
- Mountain
Home Design
- Raised Ranch Architecture
- Ranch Style House
- Concrete Foundation
- Wood Frame Construction
- Pitched Roof
- Shingle Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- Family Room
- Living Room
- Attic
Kitchen
- Stove
- Gas Range
- Microwave
- Dishwasher
- Formica Countertops
Flooring
- Wood
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
- Bathtub
- Shower Only
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Natural lighting in basement
Outdoor Features
- Shed
- Outbuilding
Utilities
- No Cooling
- Zoned Heating
- Heating System Uses Gas
- Heating System Uses Wood
- Hot Water Heating System
- Generator Hookup
- Power Generator
- Private Water Source
- Well
- Electric Water Heater
- Septic System
- Private Sewer
Community Details
- The community has rules related to deed restrictions
Listing and Financial Details
- Tax Lot 1-1
- Assessor Parcel Number BOWE-000005-000000-000001-000001
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 9, 2024
Closed on
Jun 3, 2024
Sold by
Mayo Walter A Est and Billington
Bought by
Costello Vincent and Costello Pamela
Seller's Agent
Jim Quimby
RE/MAX Infinity
Buyer's Agent
Samantha Bartlett
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$475,000
Sold Price
$420,000
Premium/Discount to List
-$55,000
-11.58%
Views
48
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
$15,700
Avg. Annual Appreciation
-2.46%
Original Mortgage
$300,000
Outstanding Balance
$297,524
Interest Rate
7.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$109,585
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 |
|---|---|---|---|
| Costello Vincent | -- | None Available | |
| Costello Vincent | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Costello Vincent | $300,000 | |
| Closed | Costello Vincent | $300,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/03/2024 06/03/24 | Sold | $420,000 | -4.5% | $230 / Sq Ft |
| 04/20/2024 04/20/24 | Pending | -- | -- | -- |
| 04/01/2024 04/01/24 | Price Changed | $439,900 | -2.2% | $241 / Sq Ft |
| 03/20/2024 03/20/24 | Price Changed | $449,900 | -5.3% | $247 / Sq Ft |
| 01/09/2024 01/09/24 | For Sale | $475,000 | -- | $260 / 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 | $1,393 | $232,150 | $98,270 | $133,880 |
| 2023 | $1,265 | $232,150 | $98,270 | $133,880 |
| 2022 | $1,227 | $221,160 | $93,590 | $127,570 |
| 2021 | $1,238 | $221,160 | $93,590 | $127,570 |
| 2020 | $1,006 | $221,160 | $93,590 | $127,570 |
| 2019 | $940 | $221,160 | $93,590 | $127,570 |
| 2018 | $796 | $206,810 | $93,590 | $113,220 |
| 2017 | $724 | $206,810 | $93,590 | $113,220 |
| 2016 | $852 | $160,740 | $85,980 | $74,760 |
| 2015 | $804 | $160,740 | $85,980 | $74,760 |
| 2014 | $852 | $160,740 | $85,980 | $74,760 |
Source: Public Records
Agents Affiliated with this Home
-
Jim Quimby
-
Cynthia Quimby
Seller Co-Listing Agent in 2024
Cynthia Quimby
RE/MAX
(207) 270-0267
347 Total Sales
-
Samantha Bartlett
S
Buyer's Agent in 2024
Samantha Bartlett
Better Homes & Gardens Real Estate/The Masiello Group
(207) 299-8188
188 Total Sales
Map
Source: Maine Listings
MLS Number: 1580128
APN: BOWE-000005-000000-000001-000001
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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