NOT LISTED FOR SALE

75 Morts Way Naples, ME 04055

Estimated Value: $1,479,000

3 Beds
2 Baths
1,000 Sq Ft
$1,479/Sq Ft Est. Value

Last Sold June 10, 2016

Last sale price $525,000 $525 Per Sq Ft

Est. 182% increase in value since last sale

Current estimated payment $9,141/month

246 Days on Market

Highlights

  • 211 Feet of Waterfront
  • Deck
  • Living Room with Fireplace
  • 2.1 Acre Lot
  • Contemporary Architecture
  • Wooded Lot

About This Home

As of June 2016

A very special offering is being presented on the East Shore of Long Lake! It is totally private and nestled in the Maine woods, with over 200 feet on Long Lake. The cottage was built in 1988 and features a lovely stone fireplace. 3 bedrooms plus a loft, all wood flooring, large deck, private septic. Main living room is all open with lots of windows. This cottage has good rental history as well. Approximately 2 acres.

Last Agent to Sell the Property

Nancy Hanson

Better Homes & Gardens Real Estate/The Masiello Group Listed on: 08/03/2015

Last Buyer's Agent

Tom Ferent

Better Homes & Gardens Real Estate/The Masiello Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,608

Year Built

  • Built in 1988

Lot Details

  • 2.1 Acre Lot
  • 211 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Dirt Road
  • Rural Setting
  • Seasonal Access to Property
  • Level Lot
  • Wooded Lot
  • Property is zoned Shoreland

Parking

  • Gravel Driveway

Home Design

  • Contemporary Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,000 Sq Ft Home
  • Cathedral Ceiling
  • Living Room with Fireplace
  • Loft
  • Wood Flooring
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Formica Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Bathtub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • No Cooling
  • Heating System Uses Wood
  • Baseboard Heating
  • Natural Gas Not Available
  • Electric Water Heater
  • Septic Needed
  • Private Sewer

Community Details

  • No Home Owners Association
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Tax Lot 1

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,608

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.1
  • Road Frontage Type: Private
  • Road Surface Type: Gravel
  • Water Body Name: Long
  • MLS Status: Closed
  • Directions: Route 302 at the light in Naples, turn onto Route 35 and go approx. 2 miles to left on Mort's Way (across from Wiley Rd). Take left at fork and last cottage in. See sign.
  • Above Grade Finished Sq Ft: 1000.0
  • Architectural Style: Contemporary
  • Year Built: 1988
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: Yes
  • Property Information:Lot Size Acres -: 2.1
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1000.0
  • Site:Level: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Washer: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Roads:Private: Yes
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Sewer:Private Sewer: Yes
  • Heat Fuel:Wood2: Yes
  • Living Room Amenities:Wood Burning Fireplace14: Yes
  • Location:Rural: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 211.0
  • Water Info:Water Frontage Owned -: 211.0
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Property Information:Deed Restrictions: Yes
  • Property Information:Bank Owned REO: No
  • Kitchen Countertop:Formica: Yes
  • Living Room Amenities:Cathedral Ceiling5: Yes
  • Sewer:Septic Needed: Yes
  • Primary Bedroom Amenities:Cathedral Ceiling4: Yes
  • Loft:Loft: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Electric Range, Dryer
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: 1st Floor Bedroom, Bathtub, Primary Bedroom w/Bath
  • Bedroom 2 Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Level, Wooded, Rural
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Needed
  • Water Source: Other

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 91476.0
  • Parcel #: 999999
  • Zoning: Shoreland

Tax Info

  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 20, 2018
Sold by
Leach Margaret and Leach Charles B
Bought by
Leach Rt and Leach
Current Estimated Value
$1,479,000

Purchase Details

Listed on
Aug 3, 2015
Closed on
Jun 14, 2016
Sold by
Cove T T and Cove Goldman
Bought by
Leach Charles B and Leach Margaret
Seller's Agent
Nancy Hanson
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Tom Ferent
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$595,000
Sold Price
$525,000
Premium/Discount to List
-$70,000
-11.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Outstanding Balance
$299,331
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2015
Sold by
Cove T B T and Cove Wideman
Bought by
Cove T A T and Cove Wideman
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
Leach Rt -- --
Leach Charles B -- --
Cove T A T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leach Charles B $375,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2016 06/10/16 Sold $525,000 -11.8% $525 / Sq Ft
04/06/2016 04/06/16 Pending -- -- --
08/03/2015 08/03/15 For Sale $595,000 -- $595 / 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 $16,608 $1,785,793 $1,099,942 $685,851
2023 $16,189 $1,769,274 $1,099,942 $669,332
2022 $13,483 $1,634,306 $1,099,942 $534,364
2021 $11,121 $833,007 $572,450 $260,557
2020 $11,121 $833,007 $572,450 $260,557
2019 $11,121 $833,007 $572,450 $260,557
2018 $9,847 $737,598 $572,450 $165,148
2017 $10,368 $776,661 $602,450 $174,211
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1231643

Maine Listings

APN: U48-001-C