NOT LISTED FOR SALE

165 Church St Damariscotta, ME 04543

Estimated Value: $444,000 - $556,000

5 Beds
2.5 Baths
1,832 Sq Ft
$265/Sq Ft Est. Value

Last Sold May 17, 2024

Last sale price $439,000 $240 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,980/month

2 Days on Market

Highlights

  • Nearby Water Access
  • Cape Cod Architecture
  • Main Floor Bedroom
  • Great Salt Bay Community School Rated A-
  • Wood Flooring
  • 1 Fireplace

About This Home

As of May 2024

Located minutes from downtown Damariscotta, this 1850 2 unit cape has been maintained beautifully and is ready for a new owner. Live in one unit and have the other unit help pay the mortgage. Perfect for an investor with excellent rental history. The larger unit is 4 bedrooms, 1.5 baths, & wood floors. The smaller unit is 1 bedroom, 1 bath, & propane heat. Plenty of parking for both units. As an added bonus, the building has solar panels on the roof that help offset the monthly power bill for the larger unit. The C2 zoning will allow for many business opportunities. Great proximity to restaurants, shops, and Damariscotta River public access.

Last Agent to Sell the Property

Clint Miller

Newcastle Realty Brokerage Phone: 207-633-4433 Listed on: 04/15/2024

Last Buyer's Agent

Larry Barnes

Coldwell Banker Berton & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,371

Year Built

  • Built in 1850

Lot Details

  • 0.46 Acre Lot
  • Level Lot
  • Open Lot

Home Design

  • Duplex
  • Cape Cod Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Clap Board Siding
  • Clapboard

Interior Spaces

  • 1,832 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Laundry on main level

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Dirt Floor

Parking

  • Common or Shared Parking
  • Gravel Driveway
  • Shared Driveway

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Baseboard Heating
  • Hot Water Heating System
  • Electric Water Heater
  • Internet Available

Additional Features

  • Nearby Water Access
  • City Lot

Listing and Financial Details

  • Tax Lot 19-1
  • Assessor Parcel Number DAMA-000008-000000-000019-000001

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $3,865
  • Gross Income $34,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,371

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.46
  • MLS Status: Closed
  • Directions: Main Street to Church Street.
  • Above Grade Finished Sq Ft: 1832.0
  • Architectural Style: Duplex, Cape
  • Garage Yn: No
  • Year Built: 1850
  • Attribution Contact: 207-633-4433
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.46
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 1832.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:Stone: Yes
  • Exterior:Clapboard: Yes
  • Heat System:Multi-Zones: Yes
  • Income Expenses Gross Income: 34800.0
  • Income Expenses Operating Expenses: 3865.0
  • Exterior:Wood Siding: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Basement:Dirt Floor: Yes
  • Building Info:_pound_ Fireplaces3: 1
  • Style:Duplex: Yes
  • Recreational Water:Nearby: Yes
  • Driveway:Gravel: Yes
  • Equipment:Internet Access Available: Yes
  • Foundation Materials:Granite2: Yes
  • Basement Entry:Exterior Only: Yes
  • Building Info:_pound_ Floors3: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Bulkhead, Dirt Floor, Full, Exterior Entry, Exterior Only, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood, Vinyl
  • Interior Amenities: 1st Floor Bedroom
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Intown, Near Shopping, Near Town
  • Waterfront: No
  • Construction Type: Wood Siding, Clapboard, Wood Frame
  • Foundation Details: Stone, Granite
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Gravel, Common

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Other Heat System, Multi-Zones, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 20037.6
  • Parcel #: DAMA-000008-000000-000019-000001
  • Zoning: RA/C2

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 34800.0
  • Annual Operating Expense: 3865.0

Tax Info

  • Tax Annual Amount: 3371.0
  • Tax Book Number: 5709
  • Tax Lot: 19-1
  • Tax Map Number: 8
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2019
Closed on
Sep 19, 2019
Sold by
Jandira Holdings Llc
Bought by
Abbott Jacob and Abbott Melissa
Seller's Agent
Lorene Zeiner
Newcastle Realty
Buyer's Agent
Clint Miller
Newcastle Realty
List Price
$295,000
Sold Price
$285,000
Premium/Discount to List
-$10,000
-3.39%
Current Estimated Value
$486,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,070
Avg. Annual Appreciation
9.34%
Original Mortgage
$213,750
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2014
Sold by
Nesbitt Jonathan R
Bought by
Jandira Holdings Llc

Purchase Details

Closed on
Jun 17, 2013
Sold by
Nesbit Robert S and Nesbitt Barbara J
Bought by
Nesbitt Jonathan R

Purchase Details

Closed on
Nov 3, 2005
Sold by
Mcintyre Michael T
Bought by
Nesbitt Jonathan R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,200
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Abbott Jacob -- --
Jandira Holdings Llc -- --
Jandira Holdings Llc -- --
Nesbitt Jonathan R -- --
Nesbitt Jonathan R -- --
Nesbitt Jonathan R -- --
Nesbitt Jonathan R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bauguss-Norton Cheryl L $342,420
Closed Bauguss-Norton Cheryl L $342,420
Closed Abbott Properties Llc $208,760
Closed Abbott Jacob $213,750
Previous Owner Nesbitt Jonathan R $170,000
Previous Owner Nesbitt Jonathan R $30,000
Previous Owner Nesbitt Jonathan R $223,000
Previous Owner Hair House Inc $312,950
Previous Owner Nesbitt Jonathan R $125,000
Previous Owner Nesbitt Jonathan R $123,200
Previous Owner Mcintyre Michael T $237,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2024 05/17/24 Sold $439,000 0.0% $240 / Sq Ft
04/18/2024 04/18/24 Pending -- -- --
04/15/2024 04/15/24 For Sale $439,000 +54.0% $240 / Sq Ft
09/24/2019 09/24/19 Sold $285,000 -3.4% $143 / Sq Ft
07/19/2019 07/19/19 Pending -- -- --
07/15/2019 07/15/19 For Sale $295,000 -- $148 / 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 $3,985 $215,400 $100,400 $115,000
2023 $3,371 $215,400 $100,400 $115,000
2022 $3,007 $180,600 $84,400 $96,200
2021 $2,872 $180,600 $84,400 $96,200
2020 $2,890 $180,600 $84,400 $96,200
2019 $2,893 $179,700 $84,400 $95,300
2018 $2,929 $179,700 $84,400 $95,300
2017 $3,024 $179,700 $84,400 $95,300
2016 $3,094 $179,700 $84,400 $95,300
2015 $3,066 $179,700 $84,400 $95,300
2014 $2,839 $179,700 $84,400 $95,300
2013 $2,713 $179,700 $84,400 $95,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1586444

Maine Listings

APN: DAMA-000008-000000-000019-000001