NOT LISTED FOR SALE

17 Gotts Cove Ln Georgetown, ME 04548

Georgetown Neighborhood

Estimated Value: $698,000 - $950,011

2 Beds
1.5 Baths
1,134 Sq Ft
$728/Sq Ft Est. Value

Last Sold June 29, 2020

Last sale price $399,600 $352 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $4,192/month

6 Days on Market

About This Home

As of June 2020

A unique and rare private waterfront retreat well placed at Gotts Cove and along the edge of Sheepscot Bay. Located on an elevated site, this midcoast jewel is graced by sea breeze, sunshine, and the splendor of stunning unobstructed views of sunrise and sunset over the water. This seaside property offers access to Sheepscot Bay and beyond, yet it is only a short walk to the vibrant fishing wharf in Five Islands, known as the ''prettiest harbor in Maine''. Take advantage of the local tastes and flavours of Five Islands while you watch the fishing fleet return to the harbour with their daily catch. Proximity to other midcoast attractions such as Reid State Park, Popham Beach and Fort Popham, Boothbay Harbor and Bath will round out your perfect Maine summer. Come and experience Maine Coast Living at its best – the way life should always be.

Last Agent to Sell the Property

Anna Charlotte

William Raveis Real Estate Brokerage Phone: 8886998876 Listed on: 05/25/2020

Last Buyer's Agent

Michael Princiotta

Keller Williams Realty

Keller Williams Realty

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,728

Year Built

1984

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.59
  • Road Surface Type: Gravel
  • Water Body Name: Gotts Cove/Sheepscot River
  • MLS Status: Closed
  • Directions: Directions: US Route 1 North Sagadahoc Bridge -> Follow ME-127 S to Old Schoolhouse Rd in Georgetown -> Left on Old Schoolhouse Road -> Left on North End Road -> Right on Gotts Cove Lane - 17 Gotts Cove Lane is the second house on the right.
  • Above Grade Finished Sq Ft: 1134.0
  • Architectural Style: Cottage
  • Garage Yn: No
  • Year Built: 1984
  • Attribution Contact: 8886998876
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: Yes
  • Property Information:Lot Size Acres -: 0.59
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1134.0
  • Property Information:Garage: No
  • Site:Open: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Water Heater:Electric2: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Gas:No Gas: Yes
  • Roof:Composition2: Yes
  • Foundation Materials:Stone: Yes
  • Exterior:Clapboard: Yes
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Basement:Crawl Space: Yes
  • Sewer:Private Sewer: Yes
  • Heat Fuel:K-1Kerosene: Yes
  • Roads:Dead End: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 170.0
  • Water Info:Water Frontage Owned -: 170.0
  • Style:Cottage: Yes
  • Water:Private2: Yes
  • Site:RollingSloping: Yes
  • Property Information:Deed Restrictions: Unknown
  • Sewer:Septic Existing on Site: Yes
  • Kitchen Countertop:Formica: Yes
  • View:Scenic: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator, Microwave, Electric Range
  • Has Basement: Crawl Space, Not Applicable
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No

Exterior Features

  • Lot Features: Open Lot, Right of Way, Rolling Slope, Near Public Beach
  • View: Scenic
  • Waterfront Features: Cove, Ocean, River
  • Waterfront: Yes
  • Construction Type: Wood Siding, Clapboard, Wood Frame
  • Foundation Details: Stone, Concrete Perimeter
  • Patio And Porch Features: Screened
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Water Source: Private

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Schools

  • Junior High Dist: Georgetown Public Schools

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 25700.4
  • Parcel #: GEON-000014U-000000-000007
  • Zoning: Shoreland

Tax Info

  • Tax Annual Amount: 2938.0
  • Tax Book Number: 1287
  • Tax Lot: 07
  • Tax Map Number: U14
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2020
Closed on
Jun 22, 2020
Sold by
Malsch Kenneth W and Banks Karen V
Bought by
Pankey Gary and Pankey Julie
Seller's Agent
Anna Charlotte
William Raveis Real Estate
Buyer's Agent
Michael Princiotta
Keller Williams Realty
List Price
$419,000
Sold Price
$399,600
Premium/Discount to List
-$19,400
-4.63%
Current Estimated Value
$687,711

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,111
Avg. Annual Appreciation
15.37%
Original Mortgage
$319,680
Outstanding Balance
$285,863
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$540,140
Source: Public Records

Range of Values:

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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
Pankey Gary -- None Available
Pankey Gary -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pankey Gary $319,680
Closed Pankey Gary $319,680
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2020 06/29/20 Sold $399,600 -4.6% $352 / Sq Ft
06/01/2020 06/01/20 Pending -- -- --
05/25/2020 05/25/20 For Sale $419,000 -- $369 / 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 $4,728 $785,300 $554,300 $231,000
2023 $4,038 $414,200 $280,000 $134,200
2022 $3,662 $414,200 $280,000 $134,200
2021 $3,166 $383,700 $280,000 $103,700
2020 $3,051 $376,700 $280,000 $96,700
2019 $2,938 $376,700 $280,000 $96,700
2018 $2,901 $376,700 $280,000 $96,700
2017 $2,882 $376,700 $280,000 $96,700
2016 $2,882 $376,700 $280,000 $96,700
2015 $2,780 $376,700 $280,000 $96,700
2014 $2,780 $376,700 $280,000 $96,700
2013 $2,675 $376,700 $280,000 $96,700
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    Anna Charlotte

    William Raveis Real Estate

  • M

    Buyer's Agent in 2020

    Michael Princiotta

    Keller Williams Realty

    3 in this area

    158 Total Sales

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Map

Source: Maine Listings

MLS Number: 1453484

Maine Listings

APN: GEON-000014U-000000-000007

Maine Sagadahoc County Georgetown 04548 Georgetown

17 Gotts Cove Ln, Georgetown, ME

This home is located at 17 Gotts Cove Ln, Georgetown, ME 04548 since 25 May 2020 and is currently estimated at $826,003, approximately $728 per square foot. This property was built in 1984. 17 Gotts Cove Ln is a home located in Sagadahoc County with nearby schools including Georgetown Central School.

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