NOT LISTED FOR SALE

78 Echo Lake Rd Fayette, ME 04349

Estimated Value: $307,000 - $522,000

5 Beds
2 Baths
3,560 Sq Ft
$118/Sq Ft Est. Value

Sale Details

Date Sold: July 14, 2022

Last sale price $415,000 $117 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,462 / mo

4 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Wood Flooring
  • 2 Fireplaces
  • 150 Feet of Waterfront
  • Main Floor Bedroom
  • Sun or Florida Room

About This Home

As of July 2022

THREE CLASSIC MAINE COTTAGES ON ECHO LAKE- This is a rare opportunity to own 3 cottages side by side with 180 degree views of the lake from each cottage, 150 feet of deeded waterfront all on a year-round town maintained road!
Two of the cottages have beautiful stone fireplaces & lots of space for guests. All are on separately taxed lots. All 3 have been vacant for a number of years.
Echo Lake encompasses 1,109 acres with over 14 miles of shoreline. The water quality in this much sought after deep cold water fishery is above average.

Last Agent to Sell the Property

Rebecca Dunbar

Portside Real Estate Group Listed on: 06/04/2022

Last Buyer's Agent

Becky Dunbar

Lake & Country Real Estate, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,100

Year Built

  • Built in 1950

Lot Details

  • 1.1 Acre Lot
  • 150 Feet of Waterfront
  • Lake Front
  • Rural Setting
  • Seasonal Access to Property
  • Open Lot
  • Lot Has A Rolling Slope
  • Property is zoned SHORELAND

Property Views

  • Water
  • Scenic Vista

Home Design

  • Cottage
  • Wood Frame Construction
  • Shingle Roof
  • Metal Roof
  • Wood Siding
  • Log Siding

Interior Spaces

  • 3,560 Sq Ft Home
  • 2 Fireplaces
  • Mud Room
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Stove

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Partial Basement
  • Dirt Floor

Parking

  • Gravel Driveway
  • On-Street Parking
  • On-Site Parking

Outdoor Features

  • Deeded Waterfront Access Rights
  • Deep Water Access

Utilities

  • No Cooling
  • Heating System Uses Wood
  • Baseboard Heating
  • Natural Gas Not Available
  • The lake is a source of water for the property
  • Seasonal Water
  • Electric Water Heater
  • Septic System
  • Septic Design Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 6, 7 & 8
  • Assessor Parcel Number 84EchoLakeRoadFayette04349

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,100

Year Built

Built in 1950

Lot Details

1.1 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.1
  • Road Surface Type: Paved
  • Water Body Name: Echo
  • MLS Status: Closed
  • Directions: From Route 17 in Fayette North to Echo Lake Road on right. Properties on left. Look for signs.
  • Above Grade Finished Sq Ft: 3560.0
  • Architectural Style: Cottage
  • Garage Yn: No
  • Year Built: 1950
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Contract Information:List PriceSqFt: 112.33
  • Property Information:Seasonal: Yes
  • Property Information:Lot Size Acres -: 1.1
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 3560.0
  • Property Information:Garage: No
  • Site:Open: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Stove: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Walk-Out: Yes
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Roof:Metal: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Basement:Partial: Yes
  • Mud Room:Mud Room: Yes
  • Parking:On Site2: Yes
  • Exterior:Wood Siding: Yes
  • Sunroom:Sunroom: Yes
  • Basement:Dirt Floor: Yes
  • Heat Fuel:Wood2: Yes
  • Location:Rural: Yes
  • Water Info:Waterfront Amount -: 150.0
  • Water Info:Water Frontage Owned -: 150.0
  • Recreational Water:Deeded: Yes
  • Recreational Water:Waterfront Deep: Yes
  • Style:Cottage: Yes
  • Driveway:Gravel: Yes
  • Site:RollingSloping: Yes
  • Sewer:Septic Existing on Site: Yes
  • Sewer:Septic Design Available: Yes
  • View:Scenic: Yes
  • Water:Seasonal4: Yes
  • Parking:On Street: Yes
  • Construction:Log: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 2
  • Advertising Remarks:Advertising Remarks: THREE CLASSIC MAINE COTTAGES ON ECHO LAKE- This is a rare opportunity to own 3 cottages side by side with 180 degree views of the lake from each cottage, 150 feet of deeded waterfront all on a year-round town maintained road! Two of the cottages have beautiful stone fireplaces & lots of space for guests. All are on separately taxed lots. All 3 have been vacant for a number of years. Echo Lake encompasses 1,109 acres with over 14 miles of shoreline. The water quality in this much sought after deep cold water fishery is above average.
  • Special Features: VirtualTour

Interior Features

  • Has Basement: Dirt Floor, Partial, Walk-Out Access
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplaces: 2
  • Fireplace: Yes
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bedroom 4 Bedroom 4 Level: First
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First
  • Bedroom 5:Bedroom 5 Level: Second

Exterior Features

  • Lot Features: Open Lot, Rolling Slope, Rural
  • View: Scenic
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Wood Siding, Log Siding, Log, Wood Frame
  • Roof: Metal, Shingle
  • Exterior:Log Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel, On Site, On Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Design Available, Septic Existing on Site
  • Water Source: Seasonal, Lake Drawn

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 47916.0
  • Parcel #: 84EchoLakeRoadFayette04349
  • Zoning: SHORELAND

Tax Info

  • Tax Annual Amount: 9100.0
  • Tax Lot: 6, 7 & 8
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2022
Closed on
Jul 11, 2022
Sold by
Morreale James
Bought by
Fletcher Matthew and Vaillancourt Caitlin
Seller's Agent
Rebecca Dunbar
Portside Real Estate Group
Buyer's Agent
Becky Dunbar
Lake & Country Real Estate, LLC
List Price
$399,900
Sold Price
$415,000
Premium/Discount to List
$15,100
3.78%
Current Estimated Value
$418,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,607
Avg. Annual Appreciation
0.23%
Source: Public Records
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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
Fletcher Matthew $415,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2022 07/14/22 Sold $415,000 +3.8% $117 / Sq Ft
06/09/2022 06/09/22 Pending -- -- --
06/04/2022 06/04/22 For Sale $399,900 -- $112 / Sq Ft
Source: Maine Listings

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 $2,908 $214,900 $197,500 $17,400
2023 $2,869 $214,900 $197,500 $17,400
2022 $2,383 $179,300 $161,900 $17,400
2021 $2,320 $123,100 $104,300 $18,800
2020 $2,320 $123,100 $104,300 $18,800
2019 $2,308 $123,100 $104,300 $18,800
2018 $2,222 $123,100 $104,300 $18,800
2017 $2,031 $123,100 $104,300 $18,800
2016 $1,908 $123,100 $104,300 $18,800
2015 $1,859 $123,100 $104,300 $18,800
2014 $1,847 $123,100 $104,300 $18,800
2013 $1,693 $123,100 $104,300 $18,800
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2022

    Rebecca Dunbar

    Portside Real Estate Group

    Section Image

  • B

    Buyer's Agent in 2022

    Becky Dunbar

    Lake & Country Real Estate, LLC

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Map

Source: Maine Listings

MLS Number: 1531127

Maine Listings

APN: FAYE-000008-000000-000006U

Maine Kennebec County Fayette 04349

78 Echo Lake Rd, Fayette, ME

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