NOT LISTED FOR SALE

111 Academy Hill Rd Newcastle, ME 04553

Estimated Value: $449,000 - $576,000

3 Beds
2 Baths
2,067 Sq Ft
$254/Sq Ft Est. Value

Last Sold September 17, 2024

Last sale price $515,000 $249 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,297/month

1 Day on Market

Highlights

  • Nearby Water Access
  • Barn
  • Scenic Views
  • Great Salt Bay Community School Rated A-
  • The property is located in a historic district
  • Deck

About This Home

As of September 2024

This beautifully maintained Greek Revival farmhouse offers classic charm in the heart of the Newcastle village district. The home is ideally positioned to enjoy the sun, with open views of the fields around Lincoln Academy High School and seasonal glimpses of the Damariscotta River in the distance.

Inside, you'll find striking details like original moldings, curved plaster walls, and authentic hardware. The kitchen features a beautiful oversized slate sink, traditional beadboard cupboards, and original hardware, with hand-painted murals inside the cabinets adding a nostalgic touch and a connection to the past.

Enjoy your morning tea in the sunroom, where you can glimpse hummingbirds, seagulls, and osprey while overlooking the stunning perennial gardens surrounding the home. The adjacent parlor/family room offers the perfect spot for company to rest while you prepare meals for festive gatherings in the bright dining room.

The attached, newly insulated two-story barn provides additional year-round space for a workshop, artist studio, exercise area, home theater, and more. The upper level of the barn includes two small lofts offering excellent storage space. The barn also has direct access to a large deck, perfect for outdoor entertainment, with solar lighting and a fenced-in area ideal for dogs to run and play.

All this is within a short walking distance of the harbor and the charming shops and amenities of downtown Newcastle/Damariscotta, plus miles of hiking trails right outside your front door.
Discover the warmth and charm of this unique home—your perfect retreat from everyday life.

Last Agent to Sell the Property

Anna Charlotte

Legacy Properties Sotheby's International Realty Listed on: 08/13/2024

Last Buyer's Agent

Randall Miller

Legacy Properties Sotheby's International Realty

Legacy Properties Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,211

Year Built

  • Built in 1890

Lot Details

  • 0.5 Acre Lot
  • Landscaped
  • Level Lot
  • Open Lot
  • Property is zoned Res/Village review

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Property Views

  • Scenic Vista
  • Woods

Home Design

  • Greek Revival Architecture
  • Farmhouse Style Home
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Clap Board Siding
  • Clapboard

Interior Spaces

  • 2,067 Sq Ft Home
  • Great Room
  • Family Room
  • Living Room
  • Dining Room
  • Loft
  • Sun or Florida Room

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Butcher Block Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Interior Basement Entry
  • Dirt Floor

Outdoor Features

  • Nearby Water Access
  • Deck
  • Enclosed Glass Porch

Location

  • The property is located in a historic district
  • City Lot

Farming

  • Barn

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Gas Water Heater
  • Septic System
  • Private Sewer
  • Internet Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 52
  • Assessor Parcel Number NEWC-000005-000000-000052

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,211

Year Built

Built in 1890

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.5
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: GPS is right on the mark - This property is located within a short walk to the village
  • Above Grade Finished Sq Ft: 2067.0
  • Architectural Style: Farmhouse, Greek-Revival
  • Garage Yn: Yes
  • Year Built: 1890
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.5
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2067.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Gas: Yes
  • Property Information:Garage Spaces: 1.0
  • Heat Fuel:Electric: Yes
  • Vehicle Storage:_one_ Car: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Basement:Partial: Yes
  • Foundation Materials:Stone: Yes
  • Exterior:Clapboard: Yes
  • Parking:On Site2: Yes
  • Exterior:Wood Siding: Yes
  • Sunroom:Sunroom: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Location:Historic District: Yes
  • Basement:Dirt Floor: Yes
  • Recreational Water:Nearby: Yes
  • Driveway:Gravel: Yes
  • View:TreesWoods: Yes
  • Equipment:Internet Access Available: Yes
  • Site:RollingSloping: Yes
  • Family Room:Family Room: Yes
  • Property Information:Deed Restrictions: Unknown
  • Appliances Included:Gas Range: Yes
  • Sewer:Septic Existing on Site: Yes
  • Property Information:_two_ Detached Houses on 1 Lot: No
  • Equipment:Cable: Yes
  • Great Room:Great Room: Yes
  • View:Scenic: Yes
  • View:Fields: Yes
  • Kitchen Countertop:Solid Surface: Yes
  • Water Heater:Tank: Yes
  • Loft:Loft: Yes
  • Kitchen Countertop:Butcher Block: Yes
  • Style:Greek-Revival: Yes
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Other Structures:Barn: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Gas Range, Dryer, Dishwasher
  • Has Basement: Dirt Floor, Partial, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • 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: Second

Exterior Features

  • Lot Features: Level, Open Lot, Rolling Slope, Sidewalks, Landscaped, Historic District, Intown, Near Town
  • View: Fields, Scenic, Trees/Woods
  • Waterfront: No
  • Construction Type: Wood Siding, Clapboard, Wood Frame
  • Foundation Details: Stone
  • Other Structures: Barn
  • Patio And Porch Features: Deck, Glass Enclosed, Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: 1 - 4 Spaces, Gravel, On Site, Detached

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Other, Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Newcastle Public Schools

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 21780.0
  • Parcel #: NEWC-000005-000000-000052
  • Zoning: Res/Village review

Tax Info

  • Tax Annual Amount: 4211.0
  • Tax Book Number: 38217
  • Tax Lot: 52
  • Tax Map Number: 5
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2024
Closed on
Sep 17, 2024
Sold by
Trumble Deborah J
Bought by
Lazar Heather J and Lazar Robert H
Seller's Agent
Anna Charlotte
Legacy Properties Sotheby's International Realty
Buyer's Agent
Randall Miller
Legacy Properties Sotheby's International Realty
List Price
$480,000
Sold Price
$515,000
Premium/Discount to List
$35,000
7.29%
Views
47
Current Estimated Value
$525,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,403
Avg. Annual Appreciation
2.02%
Original Mortgage
$135,000
Outstanding Balance
$133,742
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$391,661

Purchase Details

Closed on
Jun 2, 2023
Sold by
Tomasova Kristina
Bought by
Schwink Deborah J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
6.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 31, 2019
Sold by
Mundy Marion P
Bought by
Schwink Thomas C and Schwink Deborah J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,870
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2012
Sold by
Kutch Nicholas A
Bought by
Perry-Mundy Marion

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.46%
Mortgage Type
New Conventional
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
Lazar Heather J -- None Available
Lazar Heather J -- None Available
Schwink Deborah J -- None Available
Schwink Deborah J -- None Available
Schwink Thomas C -- --
Schwink Thomas C -- --
Perry-Mundy Marion -- --
Perry-Mundy Marion -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lazar Heather J $135,000
Closed Lazar Heather J $135,000
Previous Owner Schwink Deborah J $265,000
Previous Owner Schwink Thomas C $255,870
Previous Owner Perry-Mundy Marion $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2024 09/17/24 Sold $515,000 +7.3% $249 / Sq Ft
08/15/2024 08/15/24 Pending -- -- --
08/13/2024 08/13/24 For Sale $480,000 -- $232 / 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 $6,130 $450,700 $113,500 $337,200
2023 $4,211 $263,200 $60,600 $202,600
2022 $4,185 $263,200 $60,600 $202,600
2021 $4,027 $263,200 $60,600 $202,600
2020 $3,140 $175,400 $70,000 $105,400
2019 $3,140 $175,400 $70,000 $105,400
2018 $3,140 $175,400 $70,000 $105,400
2017 $3,166 $175,400 $70,000 $105,400
2016 $3,166 $175,400 $70,000 $105,400
2015 $3,166 $175,400 $70,000 $105,400
2013 $2,789 $175,400 $70,000 $105,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1599946

Maine Listings

APN: NEWC-000005-000000-000052