L
Seller's Agent in 2019
Lorene Zeiner
Newcastle Realty
175 Milliken Island Rd Newcastle, ME 04553
Estimated Value: $534,000 - $1,206,091
5
Beds
2.5
Baths
2,400
Sq Ft
$334/Sq Ft
Est. Value
Highlights
- Additional Residence on Property
- 444 Feet of Waterfront
- 5 Acre Lot
- Great Salt Bay Community School Rated A-
- Docks
- Wooded Lot
About This Home
As of December 2019This is a '' WOW''! Drive through the gates and enter a world away from it all! Surrounded by the peaceful forest and sparkling lake, this special place will bring peace and solitude to all who visit. Situated on 5 acres with 444' of inviting Damariscotta lakefront , the original cottage comes complete with impressive stone fireplace, 3 brs. and 1.5 baths. The spacious 2 car garage has been finished with a laundry on first floor and a light-filled apartment with 2 brs., kitchen, full bathroom and 2 loft spaces above. Enjoy the day on the sunny deck or spend time on the dock and float swimming ,fishing, and kayaking on one of Maine's most desirable lakes. End-of-the-road privacy and just 5 miles to the Twin Villages of Damariscotta and Newcastle to enjoy dining, theater and shopping. Once settled in, you won't want to leave this magical place!
Last Agent to Sell the Property
Lorene Zeiner
Newcastle Realty Brokerage Phone: 207-563-1003 Listed on: 05/31/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,703
Year Built
- Built in 1947
Lot Details
- 5 Acre Lot
- 444 Feet of Waterfront
- Lake Front
- Property fronts a private road
- Dirt Road
- Street terminates at a dead end
- Wooded Lot
- Property is zoned shoreland
HOA Fees
- $17 Monthly HOA Fees
Parking
- 2 Car Detached Garage
- Gravel Driveway
Home Design
- Cottage
- Block Foundation
- Wood Frame Construction
- Shingle Roof
- Wood Siding
- Shingle Siding
Interior Spaces
- 2,400 Sq Ft Home
- 1-Story Property
- Furnished
- Built-In Features
- Wood Burning Fireplace
- Living Room with Fireplace
- Dining Room
- Water Views
Kitchen
- Electric Range
- Formica Countertops
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- En-Suite Primary Bedroom
- Shower Only
Laundry
- Dryer
- Washer
Unfinished Basement
- Walk-Out Basement
- Partial Basement
- Interior Basement Entry
Utilities
- No Cooling
- Baseboard Heating
- Natural Gas Not Available
- Private Water Source
- Well
- Electric Water Heater
- Septic System
- Private Sewer
Additional Features
- Docks
- Additional Residence on Property
Community Details
- Miilken Island Road Assoc. Subdivision
Listing and Financial Details
- Tax Lot 28
- Assessor Parcel Number NEWC-000009-000000-000028
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 31, 2019
Closed on
Nov 16, 2019
Sold by
Hershey Mark D and Hershey Judith L
Bought by
Barrett Robert S and Barrett Sydney
Seller's Agent
Lorene Zeiner
Newcastle Realty
Buyer's Agent
Dean Jacobs
Newcastle Realty
List Price
$725,000
Sold Price
$650,000
Premium/Discount to List
-$75,000
-10.34%
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
$152,023
Avg. Annual Appreciation
3.67%
Original Mortgage
$481,000
Outstanding Balance
$424,412
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$377,611
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 |
|---|---|---|---|
| Barrett Robert S | -- | None Available | |
| Barrett Robert S | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Barrett Robert S | $481,000 | |
| Closed | Barrett Robert S | $481,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/05/2019 12/05/19 | Sold | $650,000 | -10.3% | $271 / Sq Ft |
| 08/29/2019 08/29/19 | Pending | -- | -- | -- |
| 05/31/2019 05/31/19 | For Sale | $725,000 | -- | $302 / 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 | $11,454 | $842,200 | $360,000 | $482,200 |
| 2023 | $9,632 | $602,000 | $295,000 | $307,000 |
| 2022 | $9,572 | $602,000 | $295,000 | $307,000 |
| 2021 | $9,211 | $602,000 | $295,000 | $307,000 |
| 2020 | $7,547 | $421,600 | $215,300 | $206,300 |
| 2019 | $5,703 | $318,600 | $215,300 | $103,300 |
| 2018 | $5,703 | $318,600 | $215,300 | $103,300 |
| 2017 | $5,751 | $318,600 | $215,300 | $103,300 |
| 2016 | $5,751 | $318,600 | $215,300 | $103,300 |
| 2015 | $5,751 | $318,600 | $215,300 | $103,300 |
| 2013 | $5,066 | $318,600 | $215,300 | $103,300 |
Source: Public Records
Agents Affiliated with this Home
-
-
Dean Jacobs
D
Seller Co-Listing Agent in 2019
Dean Jacobs
Newcastle Realty
(207) 557-0669
3 in this area
21 Total Sales
Map
Source: Maine Listings
MLS Number: 1417190
APN: NEWC-000009-000000-000028
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