NOT LISTED FOR SALE

85 Spring Valley Rd Raymond, ME 04071

Estimated Value: $866,000 - $1,908,000

4 Beds
3 Baths
4,621 Sq Ft
$307/Sq Ft Est. Value

Last Sold December 10, 2020

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

Est. 42% increase in value since last sale

Current estimated payment $9,119/month

515 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Docks
  • Home fronts a pond
  • 400 Feet of Waterfront
  • Spa
  • 3.68 Acre Lot

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
  • Home fronts a pond
  • 400 Feet of Waterfront
  • Property fronts a private road
  • Dirt Road
  • Rural Setting
  • Landscaped
  • Lot Has A Rolling Slope
  • Irrigation
  • Wooded Lot
  • Property is zoned LRR1

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Parking Storage or Cabinetry
  • Heated Garage
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Driveway

Property Views

  • Water
  • Scenic Vista
  • Woods
  • Mountain

Home Design

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

Interior Spaces

  • Built-In Features
  • Coffered Ceiling
  • Tray Ceiling
  • Cathedral Ceiling
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Fireplace Features Blower Fan
  • Gas Fireplace
  • Double Pane Windows
  • Living Room
  • Dining Room
  • Den
  • Bonus Room
  • Screened Porch
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Bedroom Suite
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub and Shower Combination in Primary Bathroom
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Natural lighting in basement

Outdoor Features

  • Spa
  • Deeded Waterfront Access Rights
  • Mooring
  • Docks
  • Balcony
  • Deck
  • Outbuilding

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Hot Water Heating System
  • Generator Hookup
  • Power Generator
  • Private Water Source
  • Well
  • Septic System
  • Private Sewer
  • Internet Available
  • Cable TV Available

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

0

HOA Fees

$21 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 3.68
  • Road Frontage Type: Private
  • Road Surface Type: Gravel
  • 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: Contemporary, Colonial
  • Garage Yn: Yes
  • Efficiency: Double Pane Windows
  • Year Built: 2001
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 3.68
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 3877.0
  • Property Information:SqFt Finished Below Grade: 744.0
  • Property Information:Garage: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Basement:Daylight: Yes
  • Percent Basement Finished: Yes
  • Basement:Walkout Access: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Propane: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Amenities:Security System: Yes
  • Location Information:Association Fee: 250.0
  • Location Information:Fee Frequency Paid: Annually
  • Property Information:Garage Spaces: 2.0
  • Roads:Private: Yes
  • Kitchen Countertop:Granite: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Vehicle Storage:Detached: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Cooling:Central Air: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Amenities:Walk-in Closets: Yes
  • Dining Room:Dining Room: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Kitchen Amenities:Island: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Full Bath7: Yes
  • Primary Bedroom Amenities:Suite6: Yes
  • Room Features:Eat-in Kitchen2: Yes
  • Room Features:Island2: Yes
  • Room Features:Suite17: Yes
  • Heat System:Multi-Zones: Yes
  • Parking:On Site2: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Bonus Room:Bonus Room: Yes
  • Style:Colonial: Yes
  • Bedroom 1 Amenities:Full Bath: Yes
  • Sewer:Private Sewer: Yes
  • Parking:Paved3: Yes
  • Heat Fuel:Wood2: Yes
  • Primary Bedroom Amenities:Double Vanities6: Yes
  • Primary Bedroom Amenities:Soaking Tub6: Yes
  • Room Features:Double Vanities17: Yes
  • Room Features:Soaking Tub17: Yes
  • Room Features:Wood Burning Fireplace29: Yes
  • Location:Rural: Yes
  • Water Info:Waterfront Amount -: 400.0
  • Water Info:Water Frontage Owned -: 400.0
  • Recreational Water:Deeded: Yes
  • Water:Private2: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Site:RollingSloping: Yes
  • Appliances Included:Gas Range: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Equipment:Cable: Yes
  • Vehicle Storage:Storage Above: Yes
  • Kitchen Amenities:Cathedral Ceiling6: Yes
  • Living Room Amenities:Cathedral Ceiling5: Yes
  • Room Features:Cathedral Ceiling29: Yes
  • View:Scenic: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • View:Mountain(s): Yes
  • Water Info:Island3: No
  • Equipment:Generator: Yes
  • Laundry Room:Laundry Room: Yes
  • Room Features:Built-Ins30: Yes
  • Heat System:Blowers: Yes
  • Vehicle Storage:Heated: Yes
  • Den:Den: Yes
  • Recreational Water:Dock: Yes
  • Primary Bedroom Amenities:BalconyDeck6: Yes
  • Primary Bedroom Amenities:Cathedral Ceiling4: Yes
  • Room Features:BalconyDeck17: Yes
  • Room Features:Vaulted Ceiling29: Yes
  • Amenities:Hot Tub: Yes
  • Recreational Water:Boat Mooring: Yes
  • Primary Bedroom Amenities:Separate Shower6: Yes
  • Room Features:Separate Shower17: Yes
  • Living Room Amenities:Gas Fireplace5: Yes
  • Room Features:Gas Fireplace29: Yes
  • Living Room Amenities:Built-Ins14: Yes
  • Bedroom Amenities 2:Vaulted Ceiling2: Yes
  • Amenities:Irrigation System: Yes
  • Bedroom 1 Amenities:Cathedral Ceiling7: Yes
  • Den Amenities:Wood Burning Fireplace7: Yes
  • Dining Room Amenities:Coffered Ceiling11: Yes
  • Room Features:Coffered Ceiling29: Yes
  • Room Features:Tray Ceiling29: Yes
  • Primary Bedroom Amenities:Gas Fireplace4: Yes
  • Other Structures:Out Building: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 3
  • Den Amenities Cathedral Ceiling14: Yes
  • Special Features: VirtualTour

Interior Features

  • Private Spa: Yes
  • Appliances: Washer, Refrigerator, Gas Range, Dryer, Dishwasher
  • Has Basement: Walk-Out Access, Daylight, Finished, Full, Interior Entry
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 744.0
  • Fireplaces: 3
  • Fireplace: Yes
  • Interior Amenities: Walk-in Closets, Bathtub, Other, Shower, Primary Bedroom w/Bath
  • Full Basement: Yes
  • 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
  • Laundry Room Laundry Room Level: Upper

Exterior Features

  • Lot Features: Rolling Slope, Landscaped, Wooded, Neighborhood, Rural, Irrigation System
  • View: Mountain(s), Scenic, Trees/Woods
  • Waterfront Features: Pond
  • Waterfront: Yes
  • Construction Type: Wood Siding, Shingle Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Porch, Screened
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Other, Paved, On Site, Garage Door Opener, Detached, Heated Garage, Storage

Utilities

  • Laundry Features: Upper Level
  • Security: Security System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Multi-Zones, Hot Water, Forced Air, Blowers, Hot Air
  • Heating Yn: Yes
  • Electric: Generator Hookup, Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • 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 Book Number: 15748
  • Tax Lot: 025
  • Tax Map Number: 016
  • Tax Year: 2020

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
$1,419,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$417,866
Avg. Annual Appreciation
7.96%
Original Mortgage
$798,200
Outstanding Balance
$719,940
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$699,926
Source: Public Records

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Range of Values:

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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 Change Sq Ft Price
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 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 $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