NOT LISTED FOR SALE

1022 Back Cove Rd Waldoboro, ME 04572

Estimated Value: $475,000 - $725,681

4 Beds
5 Baths
2,000 Sq Ft
$277/Sq Ft Est. Value

Last Sold July 25, 2023

Last sale price $475,000 $238 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,652/month

94 Days on Market

Highlights

  • 300 Feet of Waterfront
  • Wooded Lot
  • Great Room
  • Nearby Water Access
  • Wood Flooring
  • No HOA

About This Home

As of July 2023

LOCATED AT THE MOUTH OF A TIDAL INLET AT BACK COVE... JUST OFF MUSCONGUS BAY IS THIS SECLUDED COMPOUND. Consisting of two acres of grounds including established apples, cedars, oaks, evergreens, and perennials backed by over 300 feet of sloping granite frontage perfect for kayaking, canoeing, and fishing and a seasonal freshet that will lull you to sleep. There is a multi-level, shingle-style contemporary just 75' from the shore that awaits your creative vision for completion, along with a detached two bay garage with a light and airy apartment on the second floor. The sun-filled apartment features an open kitchen/dining living room, one bedroom and full bath, with a private deck, and laundry/wash room on the first floor. The spacious contemporary offers a cathedral ceilinged functioning
studio/workshop with skylights plumbed for propane/O2, an additional spacious studio space or primary bedroom suite, and an open kitchen/dining/living area on the first floor all with views of the water looking across to the pristine shores of the Back River. The second floor offers a second bedroom suite, with additional bedroom or office space. Enjoy the ever changing vistas at your front door, and the year-round population of numerous shore birds that abound. Included is a potential, protected deep water mooring berth.

Last Agent to Sell the Property

Carleton Johnson

RE/MAX JARET & COHN Brokerage Email: rockland@jaretcohn.com Listed on: 11/21/2022

RE/MAX JARET & COHN

Last Buyer's Agent

Andrea Pellechia

Legacy Properties Sotheby's International Realty

Legacy Properties Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,192

Year Built

  • Built in 1990

Lot Details

  • 2 Acre Lot
  • 300 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • River Front
  • Property fronts a private road
  • Dirt Road
  • Street terminates at a dead end
  • Rural Setting
  • Open Lot
  • Wooded Lot
  • Property is zoned Shoreland

Parking

  • 2 Car Detached Garage
  • Common or Shared Parking
  • Gravel Driveway
  • Shared Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Concrete Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,000 Sq Ft Home
  • 1-Story Property
  • Great Room
  • Living Room
  • Home Office
  • Wood Flooring
  • Gas Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • In-Law or Guest Suite

Laundry

  • Laundry on main level
  • Dryer

Basement

  • Interior Basement Entry
  • Crawl Space

Outdoor Features

  • Nearby Water Access
  • Property Near A Cove
  • Mooring

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Radiant Heating System
  • Heating System Mounted To A Wall or Window
  • Private Water Source
  • Well
  • Gas Water Heater
  • Septic System
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 33-1
  • Assessor Parcel Number WALB-000000-R000009-000033-000001

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,192

Year Built

Built in 1990

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.0
  • Road Frontage Type: Private
  • Road Surface Type: Gravel
  • Water Body Name: Medomak River/Muscongus Bay
  • MLS Status: Closed
  • Directions: In Waldoboro, turn onto Rt# 220 south, proceed to Back Cove Road, proceed to access on left serving 1022 and several other properties. keeping left, 1022 is at the end of the driveway.
  • Above Grade Finished Sq Ft: 2000.0
  • Architectural Style: Multi-Level
  • Garage Yn: Yes
  • Year Built: 1990
  • Attribution Contact: rockland@jaretcohn.com
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 2.0
  • Property Information:Total Baths: 5.0
  • Property Information:SqFt Finished Above Grade: 2000.0
  • Property Information:Garage: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Appliances Included:Dryer: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Gas: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Property Information:Garage Spaces: 2.0
  • Roads:Private: Yes
  • Driveway:Common2: Yes
  • Amenities:One-Floor Living: Yes
  • Vehicle Storage:Detached: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Living Room:Living Room: Yes
  • Roof:Composition2: Yes
  • Heat System:Radiant: Yes
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Exterior:Wood Siding: Yes
  • Office:Office: Yes
  • Basement:Crawl Space: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Recreational Water:Nearby: Yes
  • Basement:Slab2: Yes
  • Location:Rural: Yes
  • Roads:Dead End: Yes
  • Water Info:Waterfront Amount -: 300.0
  • Water Info:Water Frontage Owned -: 300.0
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Appliances Included:Gas Range: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Great Room:Great Room: Yes
  • View:Scenic: Yes
  • Amenities:In-Law Apartment: Yes
  • Heat System:Direct Vent Furnace: Yes
  • Recreational Water:Boat Mooring: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Gas Range, Dryer
  • Has Basement: Crawl Space, Interior Entry
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Interior Amenities: In-Law Floorplan, One-Floor Living, Primary Bedroom w/Bath
  • Bedroom 2 Level: Second
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First

Exterior Features

  • Lot Features: Open Lot, Wooded, Rural
  • View: Scenic
  • Waterfront Features: Cove, Bay, River
  • Waterfront: Yes
  • Construction Type: Wood Siding, Shingle Siding, Wood Frame
  • Foundation Details: Concrete Perimeter, Slab
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Gravel, Common, On Site, Detached

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiant, Direct Vent Furnace
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 87120.0
  • Parcel #: WALB-000000-R000009-000033-000001
  • Zoning: Shoreland

Tax Info

  • Tax Annual Amount: 6192.0
  • Tax Book Number: 1140
  • Tax Lot: 33-1
  • Tax Map Number: R-9
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2022
Closed on
Jul 25, 2023
Sold by
Slawson Edward M and Slawson Virginia M
Bought by
White Mari S and White Richardson C
Seller's Agent
Carleton Johnson
RE/MAX JARET & COHN
Buyer's Agent
Andrea Pellechia
Legacy Properties Sotheby's International Realty
List Price
$545,000
Sold Price
$475,000
Premium/Discount to List
-$70,000
-12.84%
Total Days on Market
94
Current Estimated Value
$554,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,420
Avg. Annual Appreciation
12.05%
Original Mortgage
$639,606
Outstanding Balance
$627,808
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$41,541
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
White Mari S $475,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open White Mari S $639,606
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2023 07/25/23 Sold $475,000 -12.8% $238 / Sq Ft
11/21/2022 11/21/22 For Sale $545,000 -- $273 / 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 $6,591 $390,000 $188,000 $202,000
2023 $6,084 $390,000 $188,000 $202,000
2022 $5,656 $404,000 $206,000 $198,000
2021 $6,192 $344,000 $206,000 $138,000
2020 $6,261 $344,000 $206,000 $138,000
2019 $6,261 $344,000 $206,000 $138,000
2018 $6,089 $344,000 $206,000 $138,000
2017 $5,779 $344,000 $206,000 $138,000
2016 $5,573 $344,000 $206,000 $138,000
2015 $5,263 $344,000 $206,000 $138,000
2014 $5,288 $386,000 $239,000 $147,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1548564

Maine Listings

APN: WALB-000000-R000009-000033-000001