NOT LISTED FOR SALE

86 Silver Ln Limerick, ME 04048

Estimated Value: $383,000 - $486,000

3 Beds
2 Baths
1,728 Sq Ft
$251/Sq Ft Est. Value

Last Sold June 11, 2021

Last sale price $280,000 $162 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,610/month

Highlights

  • Deeded Waterfront Access Rights
  • View of Trees or Woods
  • Deck
  • 500 Feet of Waterfront
  • Colonial Architecture
  • Wooded Lot

About This Home

As of June 2021

Enjoy the perks of the Lake Arrowhead Community just in time for Summer! This home is located just minutes to one of the many shared beaches OR you can enjoy the private pool in your very own backyard!

This Colonial style home set on a double lot features 3 BDRMS, 2 Full Bathrooms and a detached 2 car garage on a private lot!
Enter into the 1st floor off of the 10x20 screened porch to your open concept kitchen & dining area, just on the other side of the stairs is the living room which features a wood burning fireplace. The 1st floor also includes a good sized bedroom and a full bathroom. The second floor homes 2 large bedrooms w/double closets, another full bathroom and a bonus walk-in closet at the top of the stairs! Looking for more space? Finish the daylight basement for your needs!

Last Agent to Sell the Property

Erin Levesque

Real Estate 2000 ME/NH Listed on: 04/29/2021

Last Buyer's Agent

Abigail Chessie

Real Estate 2000 ME/NH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,609

Year Built

  • Built in 1994

Lot Details

  • 0.89 Acre Lot
  • 500 Feet of Waterfront
  • Lake Front
  • Dirt Road
  • Rural Setting
  • Open Lot
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Property is zoned Rural

HOA Fees

  • $111 Monthly HOA Fees

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Saltbox Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,728 Sq Ft Home
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Views of Woods
  • Walk-Out Basement

Kitchen

  • Electric Range
  • Stove
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms
  • Bathtub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deeded Waterfront Access Rights
  • Beach Access
  • Nearby Water Access
  • Deck

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Electric Water Heater
  • Private Sewer

Listing and Financial Details

  • Tax Lot 223 & 224
  • Assessor Parcel Number LIME-000044-000000-000223

Community Details

Overview

  • Lake Arrowhead Subdivision
  • The community has rules related to deed restrictions

Amenities

  • Community Storage Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,609

Year Built

Built in 1994

Lot Details

0.89 Acres

HOA Fees

$111 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.89
  • Road Surface Type: Gravel
  • Water Body Name: Lake Arrowhead
  • MLS Status: Closed
  • Subdivision Name: Lake Arrowhead
  • Directions: Route 5 Limerick to Right onto Beaver Brook Road. Then right on Harbor View and then right onto Silver Lane to #86.
  • Above Grade Finished Sq Ft: 1728.0
  • Architectural Style: Colonial, Saltbox
  • Garage Yn: Yes
  • Year Built: 1994
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 158.85
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.89
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1728.0
  • Property Information:Garage: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Seasonal
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Storage: Yes
  • Location Information:Association Fee: 111.0
  • Location Information:Fee Frequency Paid: Monthly
  • Property Information:Garage Spaces: 2.0
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Vehicle Storage:Detached: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Style:Colonial: Yes
  • Sewer:Private Sewer: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Location:Rural: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 500.0
  • Water Info:Water Frontage Shared -: 500.0
  • Recreational Water:Deeded: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Site:RollingSloping: Yes
  • Property Information:Deed Restrictions: Yes
  • Property Information:Bank Owned REO: No
  • Style:Saltbox: Yes
  • Recreational Water:Beach Rights: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Advertising Remarks:Advertising Remarks: Erin Levesque <erin@realestate2000menh.com> Tue, Apr 27, 11:35 AM (1 day ago) to me Enjoy the perks of the Lake Arrowhead Community just in time for Summer! This home is located just minutes to one of the many shared beaches OR you can enjoy the private pool in your very own backyard! This Colonial style home set on a double lot features 3 BDRMS, 2 Full Bathrooms and a detached 2 car garage on a private lot! Enter into the 1st floor off of the 10x20 screened porch to your open concept kitchen & dining area, just on the other side of the stairs is the living room which features a wood burning fireplace. The 1st floor also includes a good sized bedroom and a full bathroom. The second floor homes 2 large bedrooms w/double closets, another full bathroom and a bonus walk-in closet at the top of the stairs! Looking for more space? Finish the daylight basement for your needs!
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Electric Range, Dryer, Dishwasher
  • Has Basement: Walk-Out Access
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Bedroom, Bathtub, Storage
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Open Lot, Rolling Slope, Wooded, Neighborhood, Rural
  • View: Trees/Woods
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Wood Siding, Wood Frame
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Other, Detached

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 111.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Junior High Dist: RSU 57/MSAD 57

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 38768.4
  • Parcel #: LIME-000044-000000-000223
  • Zoning: Rural

Tax Info

  • Tax Annual Amount: 2609.0
  • Tax Lot: 223 & 224
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2021
Closed on
Jun 8, 2021
Sold by
Sharaf Tareq Y and Sharaf Khadijah I
Bought by
Kunkel Robert R
Seller's Agent
Erin Levesque
Real Estate 2000 ME/NH
Buyer's Agent
Abigail Chessie
Real Estate 2000 ME/NH
List Price
$274,500
Sold Price
$280,000
Premium/Discount to List
$5,500
2%
Current Estimated Value
$433,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,195
Avg. Annual Appreciation
9.64%
Original Mortgage
$224,000
Outstanding Balance
$201,029
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$232,166

Purchase Details

Listed on
Oct 26, 2018
Closed on
Dec 17, 2018
Sold by
Shannon John
Bought by
Sharaf Tareq Y and Sharaf Khadijah
Seller's Agent
Steve Foglio
Real Estate 2000 ME/NH
Buyer's Agent
Erin Levesque
Real Estate 2000 ME/NH
List Price
$219,000
Sold Price
$200,000
Premium/Discount to List
-$19,000
-8.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.53%
Original Mortgage
$191,290
Interest Rate
5.62%
Mortgage Type
FHA

Purchase Details

Closed on
May 23, 2011
Sold by
Shannon Andrea and Shannon John
Bought by
Shannon John

Purchase Details

Closed on
Apr 16, 2008
Sold by
Reisdential Fndg Co Llc
Bought by
Shannon John and Shannon Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,269
Interest Rate
6.1%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 12, 2008
Sold by
Connolly Daniel P and Option One Mortgage Corp
Bought by
Residential Fndg Co Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,269
Interest Rate
6.1%
Mortgage Type
FHA
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
Kunkel Robert R -- None Available
Kunkel Robert R -- None Available
Kunkel Robert R -- None Available
Sharaf Tareq Y -- --
Sharaf Tareq Y -- --
Sharaf Tareq Y -- --
Shannon John -- --
Shannon John -- --
Shannon John -- --
Shannon John $122,900 --
Shannon John $122,900 --
Residential Fndg Co Llc -- --
Residential Fndg Co Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kunkel Robert R $224,000
Closed Kunkel Robert R $224,000
Previous Owner Sharaf Tareq Y $191,290
Previous Owner Residential Fndg Co Llc $143,369
Previous Owner Residential Fndg Co Llc $112,269
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/11/2021 06/11/21 Sold $280,000 +2.0% $162 / Sq Ft
04/30/2021 04/30/21 Pending -- -- --
04/29/2021 04/29/21 For Sale $274,500 +37.3% $159 / Sq Ft
12/17/2018 12/17/18 Sold $200,000 -8.7% $94 / Sq Ft View Prior Sale
11/05/2018 11/05/18 Pending -- -- --
10/26/2018 10/26/18 For Sale $219,000 -- $103 / 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
2025 $3,225 $339,465 $74,000 $265,465
2024 $3,225 $339,465 $74,000 $265,465
2023 $3,023 $198,875 $29,750 $169,125
2022 $2,824 $198,875 $29,750 $169,125
2021 $2,641 $159,100 $23,800 $135,300
2020 $2,609 $159,100 $23,800 $135,300
2019 $2,506 $159,100 $23,800 $135,300
2018 $2,569 $159,100 $23,800 $135,300
2017 $2,506 $159,100 $23,800 $135,300
2016 $2,394 $159,100 $23,800 $135,300
2015 $2,323 $159,100 $23,800 $135,300
2014 $2,251 $159,100 $23,800 $135,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1489508

Maine Listings

APN: LIME-000044-000000-000223

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