NOT LISTED FOR SALE

75 Lake Ave Gray, ME 04039

Estimated Value: $783,000 - $1,559,000

4 Beds
2.5 Baths
2,687 Sq Ft
$472/Sq Ft Est. Value

Last Sold November 17, 2017

Last sale price $810,000 $301 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $7,921/month

25 Days on Market

Highlights

  • 304 Feet of Waterfront
  • Deck
  • Jetted Tub in Primary Bathroom
  • Docks
  • Wood Flooring
  • No HOA

About This Home

As of November 2017

Set on one of Maine's favorite lakes, this home reflects a love of nature & privacy in a park-like setting with wildflowers & footpaths on over 300 ft of prime waterfront & peninsula. Renovated year-round home with stone fireplace & large dining room creates special ambiance for entertaining & family gatherings. A wood stove & water serve the 12' X 20' post & beam workshop/studio. Whole house is served by generator, security & surround sound. Lower level, kitchen & bathrooms have radiant heat.

Last Agent to Sell the Property

Michelle Libby

Century 21 North East Listed on: 09/08/2017

Last Buyer's Agent

Kristin Piccone

Landing Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,222

Year Built

  • Built in 1950

Lot Details

  • 1 Acre Lot
  • 304 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Landscaped
  • Open Lot
  • Property is zoned Limited Residential

Parking

  • Gravel Driveway

Home Design

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

Interior Spaces

  • Built-In Features
  • Family Room with Fireplace
  • Dining Room
  • Den
  • Sink in Utility Room
  • Wood Flooring
  • Water Views
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom located in the basement
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Jetted Tub in Primary Bathroom
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Docks
  • Deck
  • Patio
  • Outbuilding
  • Porch

Location

  • Suburban Location

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Heating System Uses Oil
  • Radiant Heating System
  • Baseboard Heating
  • Hot Water Heating System
  • Power Generator
  • Natural Gas Not Available
  • Well
  • Gas Water Heater
  • Water Heated On Demand
  • Septic System

Community Details

  • No Home Owners Association
  • Lake Avenue Subdivision

Listing and Financial Details

  • Tax Lot 018-000
  • Assessor Parcel Number GRAY-000040-000303-000018

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,222

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 Frontage Type: Private
  • Road Surface Type: Paved
  • Water Body Name: Little Sebago Lake
  • MLS Status: Closed
  • Subdivision Name: Lake Avenue
  • Above Grade Finished Sq Ft: 2127.0
  • Architectural Style: Camp, Cottage
  • Year Built: 1950
  • 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: 3.0
  • Property Information:SqFt Finished Above Grade: 2127.0
  • Property Information:SqFt Finished Below Grade: 560.0
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Walk-Out: Yes
  • Water Heater:Gas: Yes
  • Water Heater:On Demand: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Roads:Private: Yes
  • Amenities:Walk-in Closets: Yes
  • Dining Room:Dining Room: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Primary Bedroom Amenities:Full Bath7: Yes
  • Gas:No Gas: Yes
  • Location:Suburban: Yes
  • Heat System:Radiant: Yes
  • Exterior:Wood Siding: Yes
  • Appliances Included:Cooktop: Yes
  • Water Info:Waterfront Amount -: 304.0
  • Water Info:Water Frontage Owned -: 304.0
  • Style:Cottage: Yes
  • Driveway:Gravel: Yes
  • Dining Room Amenities:Dining Area: Yes
  • Style:Camp: Yes
  • Family Room:Family Room: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Equipment:Generator: Yes
  • Laundry Room:Laundry Room: Yes
  • Den:Den: Yes
  • Recreational Water:Dock: Yes
  • Cooling:AC Units: Yes
  • Family Room Amenities:Wood Burning Fireplace10: Yes
  • Kitchen Amenities:Breakfast Nook: Yes
  • Primary Bedroom Amenities:Separate Shower6: Yes
  • Laundry Room Amenities:Built-Ins13: Yes
  • Primary Bedroom Amenities:Built-Ins15: Yes
  • Primary Bedroom Amenities:Jetted Tub6: Yes
  • Laundry Room Amenities:Utility Sink: Yes
  • Other Structures:Out Building: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher, Cooktop
  • Has Basement: Finished, Walk-Out Access
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 560.0
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Walk-in Closets, Other, Primary Bedroom w/Bath
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Primary Bedroom Primary Bedroom Level: Basement
  • Bedroom 1:Bedroom 1 Level: Second
  • Laundry Room Laundry Room Level: Basement

Exterior Features

  • Lot Features: Open Lot, Landscaped, Near Turnpike/Interstate, Near Town, Neighborhood, Suburban
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Wood Siding, Wood Frame
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Patio, Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Built-Ins, Utility Sink
  • Cooling: A/C Units, Multi Units
  • Cooling Y N: Yes
  • Heating: Radiant, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 43560.0
  • Parcel #: GRAY-000040-000303-000018
  • Zoning: Limited Residential

Tax Info

  • Tax Annual Amount: 7222.0
  • Tax Book Number: 7421
  • Tax Lot: 018-000
  • Tax Map Number: 040-303
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 5, 2018
Sold by
Pollock William B
Bought by
William B Pollock Ret
Current Estimated Value
$1,267,388

Purchase Details

Listed on
Sep 8, 2017
Closed on
Nov 17, 2017
Sold by
Pollock William B
Bought by
Heather A Ringdahl Ret
Seller's Agent
Michelle Libby
Century 21 North East
Buyer's Agent
Kristin Piccone
Landing Real Estate
List Price
$850,000
Sold Price
$810,000
Premium/Discount to List
-$40,000
-4.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.09%
Original Mortgage
$648,000
Outstanding Balance
$549,410
Interest Rate
3.85%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$642,692

Purchase Details

Closed on
Oct 6, 2005
Sold by
Joy Robert A and Joy Joan P
Bought by
Pollock Jeanne A and Pollock William B
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
William B Pollock Ret -- --
Heather A Ringdahl Ret -- --
Pollock Jeanne A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heather A Ringdahl Ret $648,000
Previous Owner Pollock William B $131,800
Previous Owner Pollock William B $90,000
Previous Owner Pollock William B $84,500
Previous Owner Pollock William B $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2017 11/17/17 Sold $810,000 -4.7% $301 / Sq Ft
10/04/2017 10/04/17 Pending -- -- --
09/08/2017 09/08/17 For Sale $850,000 -- $316 / 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 $12,178 $1,255,500 $939,600 $315,900
2023 $10,298 $678,400 $444,800 $233,600
2022 $9,464 $678,400 $444,800 $233,600
2021 $9,464 $647,800 $444,800 $203,000
2020 $9,555 $647,800 $444,800 $203,000
2019 $9,555 $647,800 $444,800 $203,000
2018 $9,222 $658,700 $455,700 $203,000
2017 $7,043 $394,100 $244,900 $149,200
2016 $7,212 $394,100 $244,900 $149,200
2015 $7,173 $394,100 $244,900 $149,200
2014 $7,173 $394,100 $244,900 $149,200
2012 $6,218 $392,277 $244,940 $147,337
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1325352

Maine Listings

APN: GRAY-000040-000303-000018