NOT LISTED FOR SALE

10 Cains Cove Milbridge, ME 04658

Estimated Value: $184,000 - $668,663

3 Beds
2 Baths
1,534 Sq Ft
$277/Sq Ft Est. Value

Last Sold September 26, 2023

Last sale price $575,000 $375 Per Sq Ft

Est. 28% decrease in value since last sale

Current estimated payment $2,611/month

70 Days on Market

Highlights

  • 278 Feet of Waterfront
  • New Construction
  • Deck
  • Access to Tidal Water
  • Cape Cod Architecture
  • Wooded Lot

About This Home

As of September 2023

Peaceful Tides is a newly constructed 3 bedroom, 2 bath cape home with a spacious walk-out, finished basement great for a family room, and a bonus room, which could be used as a bedroom, office or workout room. For the readers out there, the cozy reading area on the 2nd floor leads out to one of two of the decks overlooking a well-manicured, wooded point on the Narraguagus. This 1,534 sq ft home was built with top quality materials and craftsmanship and is located in a private setting with protective covenants in place at the mouth of the Narraguagus River in Narraguagus Bay. To truly appreciate the estuary and quiet solitude of this property, one must enjoy the bench on the water's edge and watch the assortment of wildlife - deer, eagles, geese, herons, ducks, jumping fish and the occasional seal hunting for meals. Located in Cains Cove Subdivision, Peaceful Tides is right around the corner from downtown Milbridge, a quaint coastal community that has so much to offer: theater and community arts center, library, medical center, restaurants, grocery store, community wellness garden with benches and children's play area overlooking the bay, public boat launch, boat tours, coffee shops, art gallery and more. If in-town activity is not what you want, grab a kayak and head down to the shore at high tide. Don't forget you are not far from McLellan Park, quiet beaches and Petit Manan hiking trails. Blackswoods Road Scenic Byway (loaded with hiking trails, ponds, camping) and Downeast Sunrise Trail are about 10 miles away in Cherryfield. Centrally located from Ellsworth, Machias, Winter Harbor and Gouldsboro, and all those towns have to offer, Peaceful Tides is a hidden gem. Being only an hour to Acadia National Park and Bar Harbor, 30 minutes to Schoodic Point and 1.5 hours to Bangor International Airport, come and make this your Maine get-away or your Maine home!

Last Agent to Sell the Property

Stacy White

Better Homes & Gardens Real Estate/The Masiello Group Listed on: 06/16/2023

Better Homes & Gardens Real Estate/The Masiello Group

Last Buyer's Agent

Tracy Wilbur

Realty of Maine

Realty of Maine

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,365

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 1.53 Acre Lot
  • 278 Feet of Waterfront
  • Ocean Front
  • Property Fronts a Bay or Harbor
  • River Front
  • Dirt Road
  • Rural Setting
  • Landscaped
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Property is zoned Shoreland/Resident.

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Clap Board Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • Cathedral Ceiling
  • Living Room
  • Bonus Room

Kitchen

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

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Primary bedroom located on second floor
  • 2 Full Bathrooms
  • Bathtub
  • Shower Only

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Access to Tidal Water
  • Deep Water Access
  • Deck

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Propane
  • Heat Pump System
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Hot Water Heating System
  • Underground Utilities
  • Well
  • Septic System
  • Septic Design Available
  • Internet Available

Listing and Financial Details

  • Tax Lot 14-F
  • Assessor Parcel Number MILE-000011-000000-000014-F000000

Community Details

Overview

  • Cains Cove Association Subdivision
  • The community has rules related to deed restrictions

Amenities

  • Community Storage Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,365

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.53
  • Road Surface Type: Gravel
  • Water Body Name: Narraguagus River/Bay
  • MLS Status: Closed
  • Subdivision Name: Cains Cove Association
  • Directions: GPS Friendly. From Route 1 in Milbridge, take the Wyman Road. Cains Cove is 0.7 miles on the left. Home is the first house you see, straight ahead.
  • Above Grade Finished Sq Ft: 1274.0
  • Architectural Style: Cape
  • Garage Yn: No
  • New Construction: Yes
  • Year Built: 2021
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.53
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1274.0
  • Property Information:SqFt Finished Below Grade: 260.0
  • Property Information:Garage: No
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Storage: Yes
  • Location Information:Association Fee: 250.0
  • Location Information:Fee Frequency Paid: Annually
  • Kitchen Countertop:Granite: Yes
  • Amenities:Shower: Yes
  • Property Condition:New Construction: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Kitchen Amenities:Island: Yes
  • Living Room:Living Room: Yes
  • Room Features:Eat-in Kitchen2: Yes
  • Room Features:Island2: Yes
  • Floors:Laminate: Yes
  • Exterior:Clapboard: Yes
  • Heat System:Multi-Zones: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Bonus Room:Bonus Room: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Recreational Water:Oceanfront: Yes
  • Location:Rural: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 278.0
  • Water Info:Water Frontage Owned -: 278.0
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Equipment:Internet Access Available: Yes
  • Site:RollingSloping: Yes
  • Property Information:Deed Restrictions: Yes
  • Appliances Included:Gas Range: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Sewer:Septic Design Available: Yes
  • Living Room Amenities:Cathedral Ceiling5: Yes
  • Room Features:Cathedral Ceiling29: Yes
  • View:Scenic: Yes
  • Recreational Water:Waterfront Tidal: Yes
  • Transportation:Deep Water Access: Yes
  • Water Heater:Heat Pump2: Yes
  • Heat System:Direct Vent Furnace: Yes
  • Electric:Underground: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: 4098

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Gas Range, Dryer, Dishwasher
  • Has Basement: Walk-Out Access, Finished, Full, Interior Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 260.0
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom, Bathtub, Shower, Storage
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: Second
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Rolling Slope, Landscaped, Wooded, Rural, Subdivided
  • View: Scenic
  • Waterfront Features: Bay, River
  • Waterfront: Yes
  • Construction Type: Wood Siding, Clapboard, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Property Condition: New Construction
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Direct Vent Furnace, Baseboard
  • Heating Yn: Yes
  • Electric: Underground, Circuit Breakers
  • Sewer: Septic Design Available, Septic Existing on Site
  • Water Source: Well

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 66646.8
  • Parcel #: MILE-000011-000000-000014-F000000
  • Zoning: Shoreland/Resident.

Tax Info

  • Tax Annual Amount: 1365.0
  • Tax Book Number: 4711
  • Tax Lot: 14-F
  • Tax Map Number: 11
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2023
Closed on
Sep 20, 2023
Sold by
Pomelow Donald R and Pomelow Holly
Bought by
Gulrajani Nicholas and Gulrajani Lisa
Seller's Agent
Stacy White
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Tracy Wilbur
Realty of Maine
List Price
$659,000
Sold Price
$575,000
Premium/Discount to List
-$84,000
-12.75%
Current Estimated Value
$412,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$162,582
Avg. Annual Appreciation
-17.02%
Original Mortgage
$517,500
Interest Rate
6.96%
Mortgage Type
Purchase Money Mortgage
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
Gulrajani Nicholas $575,000 None Available
Gulrajani Nicholas $575,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gulrajani Nicholas $517,500
Closed Gulrajani Nicholas $517,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2023 09/26/23 Sold $575,000 -12.7% $375 / Sq Ft
08/25/2023 08/25/23 Pending -- -- --
06/16/2023 06/16/23 For Sale $659,000 -- $430 / 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
2022 $1,365 $89,800 $58,000 $31,800
2021 $953 $58,000 $58,000 $0
2020 $878 $58,000 $58,000 $0
2019 $950 $58,000 $58,000 $0
2018 $987 $60,900 $60,900 $0
2017 $1,020 $60,900 $60,900 $0
2016 $1,013 $64,300 $64,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1562381

Maine Listings

APN: MILE M:011 L:014-F