NOT LISTED FOR SALE

157 Cottage Point Rd Damariscotta, ME 04543

Estimated Value: $473,931

3 Beds
1 Bath
800 Sq Ft
$592/Sq Ft Est. Value

Last Sold August 27, 2020

Last sale price $285,000 $356 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $3,079/month

474 Days on Market

Highlights

  • 75 Feet of Waterfront
  • Docks
  • Country Club
  • Great Salt Bay Community School Rated A-
  • Access to Tidal Water
  • Deck

About This Home

As of August 2020

''La Casetta'', a 1930's cottage located on the private peninsula of Hall Point, has the feel of a treehouse over looking the Damariscotta River. You will be surrounded by trees nestled up high over the water's edge offering you natures show from dawn to dusk. Enjoy the diverse wildlife, the ever changing skyline, and the colorful boats that are all part of this cozy cottage's life. Bask on your own dock and float to watch sunsets and the 4rth's fireworks! Travel time to downtown Main Street amenities and grocery stores is under 3 miles.

Last Agent to Sell the Property

David Hagan

Newcastle Realty Brokerage Phone: 207-563-1003 Listed on: 04/10/2019

Last Buyer's Agent

Kirsten Ingram

Keller Williams Realty

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,423

Year Built

  • Built in 1930

Lot Details

  • 8,712 Sq Ft Lot
  • 75 Feet of Waterfront
  • River Front
  • Property fronts a private road
  • Dirt Road
  • Seasonal Access to Property
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Property is zoned Shoreland

HOA Fees

  • $25 Monthly HOA Fees

Property Views

  • Water
  • Scenic Vista
  • Woods

Home Design

  • Cottage
  • Concrete Foundation
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 800 Sq Ft Home
  • Furnished
  • Wood Flooring

Kitchen

  • Electric Range
  • Stove
  • Microwave
  • Formica Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom
  • Shower Only

Basement

  • Walk-Out Basement
  • Exterior Basement Entry

Parking

  • No Driveway
  • On-Site Parking

Outdoor Features

  • Access to Tidal Water
  • Docks
  • Deck
  • Porch

Location

  • Property is near a golf course

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Seasonal Water
  • Electric Water Heater
  • Septic System
  • Private Sewer
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 011
  • Assessor Parcel Number DAMA-000012-000000-000011

Community Details

Overview

  • Road Subdivision

Recreation

  • Country Club

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,423

Year Built

Built in 1930

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2
  • Road Frontage Type: Private
  • Road Surface Type: Gravel
  • Water Body Name: Damariscotta River
  • MLS Status: Closed
  • Subdivision Name: Road
  • Directions: From Downtown Damariscotta on Main St/US-1 Bus North, turn right onto Bristol Rd /ME-129. Bristol Rd is just past Water St. Then 0.89 miles turn slight right onto Cottage Point Rd (Portions unpaved). Stay right when road splits house is red # 157.
  • Above Grade Finished Sq Ft: 800.0
  • Architectural Style: Cottage
  • Garage Yn: No
  • Year Built: 1930
  • Attribution Contact: 207-563-1003
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 0.2
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 800.0
  • Property Information:Garage: No
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Basement Entry:Walk-Out: Yes
  • Location Information:Association Fee: 300.0
  • Location Information:Fee Frequency Paid: Annually
  • Roads:Private: Yes
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Shower: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Parking:On Site2: Yes
  • Exterior:Wood Siding: Yes
  • Foundation Materials:PillarPostPier: Yes
  • Appliances Included:Cooktop: Yes
  • Sewer:Private Sewer: Yes
  • Roof:Pitched: Yes
  • Property Information:Short Sale Continue to Show: No
  • Water Info:Waterfront Amount -: 75.0
  • Water Info:Water Frontage Owned -: 75.0
  • Style:Cottage: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Site:RollingSloping: Yes
  • Driveway:No Driveway: Yes
  • Property Information:Deed Restrictions: Unknown
  • Sewer:Septic Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Kitchen Countertop:Formica: Yes
  • Equipment:Cable: Yes
  • View:Scenic: Yes
  • Location:Near Country Club: Yes
  • Utility Info Electric On Site: Yes
  • Recreational Water:Waterfront Tidal: Yes
  • Kitchen Countertop:Solid Surface: Yes
  • Water Heater:Tank: Yes
  • Amenities:Furniture Included: Yes
  • Water Info:Island3: No
  • Recreational Water:Dock: Yes
  • Water:Seasonal4: Yes
  • Basement Entry:Exterior Only: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Microwave, Electric Range, Cooktop
  • Has Basement: Walk-Out Access, Exterior Only
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: Furniture Included, 1st Floor Bedroom, Shower

Exterior Features

  • Lot Features: Rolling Slope, Wooded, Near Golf Course, Near Shopping, Near Town, Neighborhood
  • View: Scenic, Trees/Woods
  • Waterfront Features: River
  • Waterfront: Yes
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Pillar/Post/Pier, Concrete Perimeter
  • Patio And Porch Features: Deck, Porch
  • Roof: Pitched, Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Driveway, 1 - 4 Spaces, On Site

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove
  • Heating Yn: Yes
  • Electric: On Site, Circuit Breakers
  • Sewer: Other, Private Sewer, Septic Existing on Site
  • Water Source: Public, Seasonal

Condo/Co-op/Association

  • Association Fee: 300.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8712.0
  • Parcel #: DAMA-000012-000000-000011
  • Zoning: Shoreland

Tax Info

  • Tax Annual Amount: 3423.0
  • Tax Book Number: 3644
  • Tax Lot: 011
  • Tax Map Number: 12
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2019
Closed on
Aug 21, 2020
Sold by
White Edward R and White Daria C
Bought by
Sasson Jacques P and Sasson Theresa
Seller's Agent
David Hagan
Newcastle Realty
Buyer's Agent
Kirsten Ingram
Keller Williams Realty
List Price
$369,000
Sold Price
$285,000
Premium/Discount to List
-$84,000
-22.76%
Current Estimated Value
$473,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,931
Avg. Annual Appreciation
12.28%
Original Mortgage
$228,000
Outstanding Balance
$205,856
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$291,626

Purchase Details

Closed on
Mar 9, 2006
Sold by
Gaines 3Rd Ambrose and Gaines Laurie A
Bought by
White Edward R and White Daria C
Source: Public Records

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Range of Values:

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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
Sasson Jacques P -- None Available
White Edward R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sasson Jacques P $228,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2020 08/27/20 Sold $285,000 -22.8% $356 / Sq Ft
07/28/2020 07/28/20 Pending -- -- --
04/10/2019 04/10/19 For Sale $369,000 -- $461 / 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 $4,971 $268,700 $206,000 $62,700
2023 $4,205 $268,700 $206,000 $62,700
2022 $3,756 $225,600 $173,100 $52,500
2021 $3,573 $224,700 $173,100 $51,600
2020 $3,496 $218,500 $173,100 $45,400
2019 $3,381 $210,000 $173,100 $36,900
2018 $3,423 $210,000 $173,100 $36,900
2017 $3,534 $210,000 $173,100 $36,900
2016 $3,616 $210,000 $173,100 $36,900
2015 $3,583 $210,000 $173,100 $36,900
2014 $3,318 $210,000 $173,100 $36,900
2013 $3,171 $210,000 $173,100 $36,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1409765

Maine Listings

APN: DAMA-000012-000000-000011