NOT LISTED FOR SALE

131 River Rd Edgecomb, ME 04556

Estimated Value: $284,000 - $539,000

19.5 Acres
$19,287 Price per Acre
849,420 Sq Ft Lot

Last Sold September 13, 2024

Last sale price $325,000

Est. 16% increase in value since last sale

Current estimated payment $2,159/month

33 Days on Market

Highlights

  • 550 Feet of Waterfront
  • Property Near A Cove
  • No HOA
  • 19.5 Acre Lot
  • Wooded Lot
  • Pasture

About This Lot

As of September 2024

Large, level, lightly wooded lot with frontage on a tributary of the Damariscotta River that is ideal for kayaking and nature watching.
A great location for that saltwater farm you always wanted or an opportunity for multiple lots, with one 4.5-acre lot already separately deeded. See MLS 1588946 and MLS 1588946 for other acerage options.

Last Agent to Sell the Property

Karen Farnsworth

Keller Williams Realty Listed on: 05/09/2024

Keller Williams Realty

Last Buyer's Agent

Jana Caldwell

Tindal & Callahan Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,639

Lot Details

  • 19.5 Acre Lot
  • 550 Feet of Waterfront
  • River Front
  • Rural Setting
  • Level Lot
  • Wooded Lot
  • Property is zoned res, / shoreland

Parking

  • Gravel Driveway

Utilities

  • Electricity Not Available
  • Natural Gas Not Available
  • Well Required
  • Sewer Not Available

Additional Features

  • Water Views
  • Pasture
  • Mobile Home Allowed

Listing and Financial Details

  • Tax Lot 19 and 19-1
  • Assessor Parcel Number EEDGE-000005R-000000-00000

Community Details

Overview

  • No Home Owners Association

Recreation

  • Property Near A Cove

Property Details

Property Type

Land

Est. Annual Taxes

$1,639

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 19.5
  • Water Body Name: Damariscotta river tributary.
  • MLS Status: Closed
  • Subdivision Name: No
  • Directions: from Main Street in Newcastle headed south on Route 1 take left onto river road the property willl be about 8 miles on the left. .
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 19.5
  • Site:Level: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Gas:No Gas: Yes
  • Location:Rural: Yes
  • Water Info:Waterfront Amount -: 550.0
  • Water Info:Water Frontage Owned -: 550.0
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Site:RollingSloping: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Mobile Homes Allowed: Yes
  • Electric:No Electric: Yes
  • Sewer:None4: Yes
  • Water:Well Needed on Site: Yes
  • Site:PastureField: Yes
  • Washer/Dryer Other Location: Yes
  • Advertising Remarks:Advertising Remarks: Large, level, lightly wooded lot with frontage on a tributary of the Damariscotta River that is ideal for kayaking and nature watching. A great location for that saltwater farm you always wanted or an opportunity for multiple lots, with one 4.5-acre lot already separately deeded.
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Level, Rolling Slope, Wooded, Pasture, Other, Rural
  • Waterfront Features: Cove, River
  • Waterfront: Yes

Garage/Parking

  • Parking Features: 1 - 4 Spaces, Gravel

Utilities

  • Electric: No Electric
  • Sewer: None
  • Water Source: Well Needed on Site

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 849420.0
  • Parcel #: EEDGE-000005R-000000-00000
  • Zoning: res, / shoreland

Tax Info

  • Tax Annual Amount: 1639.0
  • Tax Lot: 19 and 19-1
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2024
Closed on
Sep 13, 2024
Sold by
Richards Tyler B
Bought by
Cohen Ronald J and Cohen Juliette M
Seller's Agent
Karen Farnsworth
Keller Williams Realty
Buyer's Agent
Jana Caldwell
Tindal & Callahan Real Estate
List Price
$349,900
Sold Price
$325,000
Premium/Discount to List
-$24,900
-7.12%
Views
12
Current Estimated Value
$376,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,098
Avg. Annual Appreciation
13.06%
Original Mortgage
$260,000
Outstanding Balance
$257,776
Interest Rate
7.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$118,322
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Cohen Ronald J $325,000 None Available
Cohen Ronald J $325,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cohen Ronald J $260,000
Closed Cohen Ronald J $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/13/2024 09/13/24 Sold $325,000 -7.1% --
06/12/2024 06/12/24 Pending -- -- --
05/09/2024 05/09/24 For Sale $349,900 -- --
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 $2,059 $93,654 $30,070 $63,584
2023 $1,564 $93,654 $30,070 $63,584
2022 $1,513 $93,654 $30,070 $63,584
2021 $1,634 $93,654 $30,070 $63,584
2020 $1,680 $93,654 $30,070 $63,584
2019 $1,739 $93,654 $30,070 $63,584
2018 $1,601 $93,654 $30,070 $63,584
2017 $1,572 $93,654 $30,070 $63,584
2015 $1,424 $93,654 $30,070 $63,584
2013 $1,232 $93,654 $30,070 $63,584
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2024

    Karen Farnsworth

    Keller Williams Realty

    (207) 380-5932

    2 in this area

    40 Total Sales

    Karen Farnsworth
    Section Image
  • Jana Caldwell

    Buyer's Agent in 2024

    Jana Caldwell

    Tindal & Callahan Real Estate

    (207) 633-6711

    5 in this area

    120 Total Sales

    Jana Caldwell
    Section Image
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Map

Source: Maine Listings

MLS Number: 1588943

Maine Listings

APN: EDGE-000005R-000000-000017

Maine Lincoln County Edgecomb 04556

131 River Rd, Edgecomb, ME

Not Listed for Sale

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