Seller's Agent in 2021
Jessica Greene
NextHome Experience
(207) 355-5283
6 in this area
155 Total Sales
12 Lake Ave Newport, ME 04953
Newport NeighborhoodEstimated Value: $408,142
6
Beds
3
Baths
3,784
Sq Ft
$108/Sq Ft
Est. Value
Highlights
- Nearby Water Access
- 2 Fireplaces
- 2 Car Direct Access Garage
- Colonial Architecture
- No HOA
- Cooling Available
About This Home
As of March 2021Gorgeous six bedroom, three full bath with a one bed, one bath in-law apartment above the finished two car garage with its own separate entrance. It has public water and sewer, a paved driveway, and sits on a third of an acre with a fenced-in backyard and deck. This home has been completely updated from top to bottom to include a brand new State-of-the-Art on-demand propane furnace; brand new stainless steel appliances; fresh paint throughout the entire house, garage, and apartment; four brand new entry doors; new flooring upstairs in the house and in the entire apartment; a brand new roof with architectural shingles and new lighting throughout the entire property. It has beautiful oak cabinetry; solid wooden doors throughout; a large, spacious kitchen; two elegant fireplaces - one in the living room and one in the master bedroom. It is perfectly located within walking distance of a town park, Sebasticook Lake which includes a public waterfront and boat landing, and is just five minutes from I95. Schedule your showing today!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,784
Year Built
- Built in 2000
Lot Details
- 0.34 Acre Lot
- Level Lot
- Open Lot
- Property is zoned Resedential
Parking
- 2 Car Direct Access Garage
- Driveway
- Off-Site Parking
Home Design
- Colonial Architecture
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 3,784 Sq Ft Home
- 2 Fireplaces
Kitchen
- Gas Range
- Dishwasher
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Outdoor Features
- Nearby Water Access
Utilities
- Cooling Available
- Heating System Uses Propane
- Heat Pump System
- Baseboard Heating
- Natural Gas Not Available
- Water Heated On Demand
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 1
- Assessor Parcel Number NEPT-000018-000000-000116
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 24, 2020
Closed on
Mar 17, 2021
Sold by
Dunton Darek F
Bought by
Gitchos Milo A and Gitchos Cara L
Seller's Agent
Jessica Greene
NextHome Experience
Buyer's Agent
Stanley Russell
Realty of Maine
List Price
$289,000
Sold Price
$265,000
Premium/Discount to List
-$24,000
-8.3%
Total Days on Market
67
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,142
Avg. Annual Appreciation
10.31%
Original Mortgage
$251,750
Outstanding Balance
$229,074
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$168,704
Purchase Details
Closed on
Feb 19, 2020
Sold by
Dixon Nazrin
Bought by
Dunton Darek F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 10, 2019
Sold by
Jp Morgan Chase Bank Na
Bought by
Dixon Nazrin
Purchase Details
Closed on
Jun 13, 2008
Sold by
Nichols Shawn D
Bought by
Malatesta Mark A and Malatesta Nicole A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,306
Interest Rate
6.13%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gitchos Milo A | -- | None Available | |
| Dunton Darek F | -- | None Available | |
| Dixon Nazrin | -- | None Available | |
| Malatesta Mark A | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gitchos Milo A | $251,750 | |
| Closed | Gitchos Milo A | $251,750 | |
| Previous Owner | Dunton Darek F | $171,000 | |
| Previous Owner | Nichols Shawn D | $198,235 | |
| Previous Owner | Nichols Shawn D | $195,306 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/17/2021 03/17/21 | Sold | $265,000 | -8.3% | $70 / Sq Ft |
| 01/31/2021 01/31/21 | Pending | -- | -- | -- |
| 11/24/2020 11/24/20 | For Sale | $289,000 | -- | $76 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $6,013 | $343,600 | $21,100 | $322,500 |
| 2023 | $5,236 | $321,200 | $19,700 | $301,500 |
| 2022 | $4,974 | $253,800 | $15,600 | $238,200 |
| 2021 | $4,998 | $242,600 | $14,900 | $227,700 |
| 2020 | $4,905 | $238,100 | $14,600 | $223,500 |
| 2019 | $4,784 | $224,600 | $13,800 | $210,800 |
| 2018 | $4,784 | $224,600 | $13,800 | $210,800 |
| 2017 | $4,492 | $224,600 | $13,800 | $210,800 |
| 2016 | $4,357 | $224,600 | $13,800 | $210,800 |
| 2015 | $4,020 | $224,600 | $13,800 | $210,800 |
| 2014 | $3,863 | $224,600 | $13,800 | $210,800 |
Source: Public Records
Agents Affiliated with this Home
-
Jessica Greene
-
Stanley Russell
S
Buyer's Agent in 2021
Stanley Russell
Realty of Maine
(207) 270-1582
1 in this area
35 Total Sales
Map
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Source: Maine Listings
MLS Number: 1476930
APN: NEPT-000018-000000-000116
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