NOT LISTED FOR SALE

85 Spring Valley Rd Raymond, ME 04071

Estimated Value: $795,000 - $1,528,081

4 Beds
3 Baths
4,621 Sq Ft
$266/Sq Ft Est. Value

Sale Details

Date Sold: December 10, 2020

Last sale price $1,002,000 $217 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $7,758 / mo

515 Days on Market

Highlights

  • 400 Feet of Waterfront
  • 3.68 Acre Lot
  • Deck
  • Spa
  • Colonial Architecture
  • Wood Flooring

About This Home

As of December 2020

''Maine Living on Raymond Pond'' Spectacular Hidden Inland Treasure thoughtfully designed nestled down a private road on 3+ acres with 400 feet of owned waterfront with panoramic mountain views. This masterpiece offers unparalleled craftsmanship and character throughout with a welcoming feeling featuring the finest in luxury living. This year round lake house captures the true essence of Maine. It's a stunning 4,600+sqft Contemporary offering an open floor plan providing spacious living throughout. Graced with granite kitchen, stone wood fireplace, vaulted ceilings, 4 bedrooms, 3 baths, builtins, wine cellar, sauna, balcony, deck, screened porch, hot tub, built in grill and a 1,276 sq ft garage. Wake up to the crisp air and start your morning with a coffee on the deck taking in the water views and nature galore while enjoying life in Maine. View Matterport 3D tour for an in-home virtual experience.

Last Agent to Sell the Property

Tammy Ruda

Legacy Properties Sotheby's International Realty Listed on: 07/28/2020

Legacy Properties Sotheby's International Realty

Last Buyer's Agent

Scott Richard

Krainin Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,442

Year Built

  • Built in 2001

Lot Details

  • 3.68 Acre Lot
  • 400 Feet of Waterfront
  • Property is zoned LRR1

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • Water
  • Scenic Vista
  • Woods
  • Mountain

Home Design

  • Colonial Architecture
  • Contemporary Architecture
  • Shingle Roof

Interior Spaces

  • 3 Fireplaces
  • Fireplace Features Blower Fan
  • Double Pane Windows
  • Interior Basement Entry

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs
  • 3 Full Bathrooms

Outdoor Features

  • Spa
  • Deck
  • Outbuilding
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Hot Water Heating System
  • Generator Hookup
  • Private Water Source
  • Well
  • Private Sewer

Community Details

  • Spring Valley Association Subdivision

Listing and Financial Details

  • Tax Lot 025
  • Assessor Parcel Number RYMD-000016-000000-000025

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,442

Year Built

Built in 2001

Lot Details

3.68 Acres

HOA Fees

$21 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 3.68
  • Water Body Name: Raymond Pond
  • MLS Status: Closed
  • Subdivision Name: Spring Valley Association
  • Directions: Do not go by GPS. Take route 85 to right onto Raymond Hill Road. Then right on Valley Road to left on Spiller Hill Road. Then take left onto Spring Valley Road to Fire Lane #203. Home is on right, sign on property.
  • Above Grade Finished Sq Ft: 3877.0
  • Architectural Style: Colonial, Contemporary
  • Garage Yn: Yes
  • Year Built: 2001
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 309.52
  • Property Information:Seasonal: No
  • Water Info:Water View2: Yes
  • Dining Room:Dining Room: Dining Room
  • Living Room:Living Room: Living Room
  • Bonus Room:Bonus Room: Bonus Room
  • Water Info:Waterfront Amount -: 400.0
  • Water Info:Water Frontage Owned -: 400.0
  • Water Info:Island3: No
  • Laundry Room:Laundry Room: Laundry
  • Den:Den: Den
  • Special Features: VirtualTour

Interior Features

  • Private Spa: Yes
  • Has Basement: Interior Entry
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 744.0
  • Fireplaces: 3
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Window Features: Double Pane Windows
  • Bedroom 2 Level: Upper
  • Bedroom 3 Level: Upper
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: Upper
  • Bedroom 1:Bedroom 1 Level: Second
  • Laundry Room Laundry Room Level: Upper

Exterior Features

  • View: Mountain(s), Scenic, Trees/Woods
  • Waterfront: Yes
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Porch, Porch-Screened
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Blowers, Forced Air, Hot Air, Hot Water, Zoned
  • Heating Yn: Yes
  • Electric: Circuit Breakers, Generator Hookup
  • Sewer: Private Sewer, Septic Tank
  • Utilities: Utilities On
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association Fee: 250.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 160300.8
  • Parcel #: RYMD-000016-000000-000025
  • Zoning: LRR1

Tax Info

  • Tax Annual Amount: 11442.0
  • Tax Lot: 025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2020
Closed on
Dec 4, 2020
Sold by
Cragin Charles L and Cragin Maureen P
Bought by
Olesen James T and Dhavan Gauri M
Seller's Agent
Tammy Ruda
Legacy Properties Sotheby's International Realty
Buyer's Agent
Scott Richard
Krainin Real Estate
List Price
$1,200,000
Sold Price
$1,002,000
Premium/Discount to List
-$198,000
-16.5%
Current Estimated Value
$1,229,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,520
Avg. Annual Appreciation
3.89%
Original Mortgage
$798,200
Outstanding Balance
$711,903
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$517,617
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
Olesen James T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olesen James T $798,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/10/2020 12/10/20 Sold $1,002,000 -16.5% $217 / Sq Ft
10/14/2020 10/14/20 Pending -- -- --
05/17/2019 05/17/19 For Sale $1,200,000 -- $260 / 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 $14,632 $850,700 $410,200 $440,500
2023 $13,526 $850,700 $410,200 $440,500
2022 $12,761 $850,700 $410,200 $440,500
2021 $11,995 $850,700 $410,200 $440,500
2019 $11,442 $850,700 $410,200 $440,500
2018 $10,719 $850,700 $410,200 $440,500
2017 $8,922 $725,400 $410,200 $315,200
2016 $8,777 $725,400 $410,200 $315,200
2015 $8,669 $725,400 $410,200 $315,200
2014 $8,560 $725,400 $410,200 $315,200
2013 $8,161 $725,400 $410,200 $315,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1414996

Maine Listings

APN: RYMD-000016-000000-000025

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