NOT LISTED FOR SALE

74 School St Stratton, ME 04982

Estimated Value: $259,000 - $399,000

3 Beds
1 Bath
600 Sq Ft
$503/Sq Ft Est. Value

Last Sold February 28, 2023

Last sale price $218,000 $363 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,627/month

49 Days on Market

Highlights

  • Lake Front
  • Barn
  • Wood Flooring
  • Ski Resort
  • Public Beach
  • Main Floor Bedroom

About This Home

As of February 2023

Location, location, location! This 3 bedroom, 1 bath cedar shake home conveniently located in the heart of Western Maine is the perfect home base for year round adventures. Across the street from a town-maintained boat launch into Flagstaff Lake with snowmobile and ATV trail access from the driveway and just minutes to Bigelow Preserve land and the Appalachian Trail system. Updated within the last five years, this home boasts: new waterline to the town water main, new electrical upgrades from the pole to a 200 AMP breaker panel, energy efficient windows and doors, new bathroom layout and fixtures and new kitchen layout and appliances. Enter through the three season sun room into the open kitchen, dining and living. First floor primary bedroom offers single-floor-living. Upstairs, two spare bedrooms await. Enjoy evening drinks on the back deck with the peace of mind that comes with a fenced-in yard. Detached shed offers ample storage space. Located at the corner of two dead end streets. Just a half mile to downtown Stratton, 9 miles to Sugarloaf Mountain, and 29 miles to Rangeley Lake 32 miles to Saddleback, and 45 miles to Farmington.

Last Agent to Sell the Property

Rick Bisson

Keller Williams Realty Brokerage Phone: 2073194162 Listed on: 11/18/2022

Keller Williams Realty

Last Buyer's Agent

Donald Plourde

Coldwell Banker Plourde Real Estate

Coldwell Banker Plourde Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $935

Year Built

  • Built in 1950

Lot Details

  • 1 Acre Lot
  • Lake Front
  • Public Beach
  • Corner Lot
  • Level Lot
  • Property is zoned GENERAL DEVELOPMENT

Parking

  • Gravel Driveway

Property Views

  • Water
  • Woods

Home Design

  • Cottage
  • Camp Architecture
  • Bungalow
  • Wood Frame Construction
  • Metal Roof
  • Shingle Siding

Interior Spaces

  • 600 Sq Ft Home
  • Living Room
  • Electric Range

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Unfinished Basement

  • Interior Basement Entry
  • Dirt Floor

Farming

  • Barn

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • Tax Lot 011
  • Assessor Parcel Number EUST-000003U-000000-000011

Community Details

Overview

  • No Home Owners Association

Recreation

  • Ski Resort

Home Details

Home Type

Single Family

Est. Annual Taxes

$935

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.0
  • Road Surface Type: Paved
  • Water Body Name: Flagstaff
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 600.0
  • Architectural Style: Camp, Cottage, Bungalow
  • Garage Yn: No
  • Year Built: 1950
  • Attribution Contact: 2073194162
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.0
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 600.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Appliances Included:Electric Range: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Roof:Metal: Yes
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Style:Bungalow: Yes
  • Location:Near Public Beach: Yes
  • Basement:Dirt Floor: Yes
  • Style:Cottage: Yes
  • Driveway:Gravel: Yes
  • View:TreesWoods: Yes
  • Style:Camp: Yes
  • Sewer:Septic Existing on Site: Yes
  • Location:Ski Resort: Yes
  • Other Structures:Barn: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Electric Range
  • Has Basement: Dirt Floor, Interior Entry, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Second
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Corner Lot, Level, Near Public Beach, Near Shopping, Neighborhood, Ski Resort
  • View: Trees/Woods
  • Waterfront Features: Lake
  • Waterfront: No
  • Construction Type: Shingle Siding, Wood Frame
  • Other Structures: Barn
  • Roof: Metal

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Other
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Existing on Site
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 43560.0
  • Parcel #: EUST-000003U-000000-000011
  • Zoning: GENERAL DEVELOPMENT

Tax Info

  • Tax Annual Amount: 935.0
  • Tax Book Number: 3894
  • Tax Lot: 011
  • Tax Map Number: U03
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2022
Closed on
Feb 28, 2023
Sold by
Omo James A
Bought by
Wilson Leslie P and Wilson Ian F
Seller's Agent
Rick Bisson
Keller Williams Realty
Buyer's Agent
Donald Plourde
Coldwell Banker Plourde Real Estate
List Price
$225,000
Sold Price
$218,000
Premium/Discount to List
-$7,000
-3.11%
Current Estimated Value
$281,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,391
Avg. Annual Appreciation
14.28%
Original Mortgage
$174,400
Outstanding Balance
$169,721
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$132,176

Purchase Details

Listed on
Oct 5, 2016
Closed on
Mar 2, 2017
Sold by
Dennis Judith
Bought by
Omo James A
Seller's Agent
Kim Kearing
CSM Real Estate
Buyer's Agent
Elizabeth Walker
Keller Williams Realty
List Price
$74,000
Sold Price
$60,000
Premium/Discount to List
-$14,000
-18.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.99%
Original Mortgage
$48,000
Interest Rate
4.09%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Wilson Leslie P $218,000 None Available
Omo James A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Leslie P $174,400
Previous Owner Omo James A $48,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2023 02/28/23 Sold $218,000 -3.1% $363 / Sq Ft
11/18/2022 11/18/22 For Sale $225,000 +275.0% $375 / Sq Ft
02/28/2017 02/28/17 Sold $60,000 -18.9% $100 / Sq Ft
01/12/2017 01/12/17 Pending -- -- --
10/05/2016 10/05/16 For Sale $74,000 -- $123 / 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 $1,049 $119,900 $52,000 $67,900
2023 $1,022 $114,200 $48,500 $65,700
2022 $884 $93,100 $48,500 $44,600
2021 $935 $72,500 $38,000 $34,500
2020 $909 $72,700 $38,000 $34,700
2019 $880 $72,700 $38,000 $34,700
2018 $1,883 $72,900 $38,000 $34,900
2017 $949 $73,000 $38,000 $35,000
2016 $228 $73,000 $38,000 $35,000
2015 $966 $73,200 $38,000 $35,200
2014 $815 $74,100 $38,000 $36,100
2009 -- $87,000 $48,000 $39,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1548498

Maine Listings

APN: EUST-000003U-000000-000011