NOT LISTED FOR SALE

8 Gilleys Ln Unit 11 Raymond, ME 04071

Estimated Value: $248,000 - $321,000

2 Beds
1 Bath
480 Sq Ft
$70/mo HOA Fee

Last Sold September 25, 2020

Last sale price $177,000 $369 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $1,740/month

9 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Docks
  • View of Trees or Woods
  • 76 Feet of Waterfront
  • Public Beach
  • Wooded Lot

About This Home

As of September 2020

Here is that perfect little vacation home you've been waiting for! Adorable, well kept cottage that comes with private beach access and boat dock and mooring options. Enjoy the peacefulness of Crescent Lake and travel down the Tenney River to Panther Pond. Low maintenance condo living includes lawn mowing, snow plowing of road, and beach being maintained. All that for $70 per month dues! This 2 bedroom home was taken down to the studs and rebuilt in 2006-2008. Hardwood floors, granite countertops, and a cute front porch are just a few of the niceties. Hiking and snowmobile trails are near. Windham and Naples are about 10 minutes away, Portland and Freeport about a 30 minute drive, and North Conway an hour. Very convenient location yet you have that feeling of being away from it all. Set up a time to come see this lovely cottage. More pictures coming soon.

Last Agent to Sell the Property

James Litrocapes

North Star Realty Listed on: 08/13/2020

Last Buyer's Agent

Tiffany Libb Pamela Starnes

Better Homes & Gardens Real Estate/The Masiello Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,315

Year Built

  • Built in 1950

Lot Details

  • 76 Feet of Waterfront
  • Lake Front
  • Dirt Road
  • Public Beach
  • Rural Setting
  • Open Lot
  • Wooded Lot

HOA Fees

  • $70 Monthly HOA Fees

Parking

  • Gravel Driveway

Home Design

  • Ranch Style House
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Concrete Fiber Board Siding

Interior Spaces

  • 480 Sq Ft Home
  • Living Room
  • Screened Porch
  • Wood Flooring
  • Views of Woods
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Shower Only

Accessible Home Design

  • Level Entry For Accessibility

Outdoor Features

  • Deeded Waterfront Access Rights
  • Beach Access
  • Nearby Water Access
  • Mooring
  • Docks

Utilities

  • No Cooling
  • Forced Air Heating System
  • Space Heater
  • Heating System Uses Propane
  • Private Water Source
  • Gas Water Heater
  • Private Sewer

Community Details

  • 11 Buildings

Listing and Financial Details

  • Legal Lot and Block A00 / 051
  • Assessor Parcel Number RYMD-000009-000051-A000000

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,315

Year Built

Built in 1950

Lot Details

0

HOA Fees

$70 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.25
  • Road Surface Type: Gravel
  • Water Body Name: Crescent Lake
  • MLS Status: Closed
  • Directions: Raymond Route 121 or 85 to Plains Road to Cottage Lane which turns into Gilleys Lane.
  • Above Grade Finished Sq Ft: 480.0
  • Architectural Style: Ranch
  • Garage Yn: No
  • Year Built: 1950
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.25
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 480.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Seasonal
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Water Heater:Gas: Yes
  • Location Information:Association Fee: 70.0
  • Location Information:Fee Frequency Paid: Monthly
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Rental Allowed: Yes
  • Condominium:Units in Building: 1
  • Kitchen Countertop:Granite: Yes
  • Amenities:One-Floor Living: Yes
  • Amenities:Shower: Yes
  • Living Room:Living Room: Yes
  • Style:Ranch: Yes
  • Location:Near Public Beach: Yes
  • Foundation Materials:PillarPostPier: Yes
  • Sewer:Private Sewer: Yes
  • Recreational Water:Nearby: Yes
  • Location:Rural: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 76.0
  • Water Info:Water Frontage Shared -: 76.0
  • Recreational Water:Deeded: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Accessibilitiy Amenities:Level Entry: Yes
  • Recreational Water:Dock: Yes
  • Heat System:Space Heater: Yes
  • Exterior:Fiber Cement: Yes
  • Recreational Water:Beach Rights: Yes
  • Condominium:Total Units4: 11
  • Condominium:_pound_ of Buildings: 11
  • Recreational Water:Boat Mooring: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: None

Interior Features

  • Number Of Buildings: 11
  • Accessibility Features: Level Entry
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom, One-Floor Living, Shower
  • Bedroom 2 Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Level, Open Lot, Wooded, Near Public Beach, Rural
  • View: Trees/Woods
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Other, Fiber Cement, Wood Frame
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Screened
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Space Heater, Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Association Fee: 70.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10890.0
  • Parcel #: RYMD-000009-000051-A000000
  • Zoning: LRR1

Multi Family

  • Number Of Units In Community: 1
  • Number Of Units Total: 11

Tax Info

  • Tax Annual Amount: 1315.0
  • Tax Block: 051
  • Tax Book Number: 24151
  • Tax Lot: A00
  • Tax Map Number: 009
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2020
Closed on
Sep 24, 2020
Sold by
Llm Llc
Bought by
Lufkin John N
Seller's Agent
James Litrocapes
North Star Realty
Buyer's Agent
Tiffany Libb Pamela Starnes
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$174,000
Sold Price
$177,000
Premium/Discount to List
$3,000
1.72%
Current Estimated Value
$280,809

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,809
Avg. Annual Appreciation
11.04%
Original Mortgage
$159,300
Outstanding Balance
$143,280
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$152,651

Purchase Details

Closed on
Jul 10, 2006
Sold by
Lehto Neal and Lehto Nancy
Bought by
Llm Llc
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
Lufkin John N -- None Available
Llm Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lufkin John N $159,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2020 09/25/20 Sold $177,000 +1.7% $369 / Sq Ft
08/23/2020 08/23/20 Pending -- -- --
08/13/2020 08/13/20 For Sale $174,000 -- $363 / 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 $1,682 $97,800 $63,000 $34,800
2023 $1,555 $97,800 $63,000 $34,800
2022 $1,467 $97,800 $63,000 $34,800
2021 $1,379 $97,800 $63,000 $34,800
2019 $1,315 $97,800 $63,000 $34,800
2018 $1,232 $97,800 $63,000 $34,800
2017 $1,203 $97,800 $63,000 $34,800
2016 $1,183 $97,800 $63,000 $34,800
2015 $1,169 $97,800 $63,000 $34,800
2014 $1,154 $97,800 $63,000 $34,800
2013 $1,100 $97,800 $63,000 $34,800
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    James Litrocapes

    North Star Realty

  • T

    Buyer's Agent in 2020

    Tiffany Libb Pamela Starnes

    Better Homes & Gardens Real Estate/The Masiello Group

See All Agents

Map

Source: Maine Listings

MLS Number: 1464359

Maine Listings

APN: RYMD-000009-000051-A000000

Maine Cumberland County Raymond 04071

8 Gilleys Ln Unit 11, Raymond, ME

This home is located at 8 Gilleys Ln Unit 11, Raymond, ME 04071 since 13 August 2020 and is currently estimated at $280,809, approximately $585 per square foot. This property was built in 1950. 8 Gilleys Ln Unit 11 is a home located in Cumberland County with nearby schools including Raymond Elementary School, Jordan-Small Middle School, and Windham High School.

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.

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