NOT LISTED FOR SALE

18 Memory Ln Damariscotta, ME 04543

Estimated Value: $235,807 - $316,000

2 Beds
1 Bath
768 Sq Ft
$357/Sq Ft Est. Value

Last Sold April 13, 2017

Last sale price $62,000 $81 Per Sq Ft

Est. 342% increase in value since last sale

Current estimated payment $1,751/month

506 Days on Market

Highlights

  • Wooded Lot
  • No HOA
  • Living Room
  • Great Salt Bay Community School Rated A-
  • Cottage
  • Level Lot

About This Home

As of April 2017

4.5 acre lot with mini 2 bedroom home, private setting, convenient location with walk-out basement and 400' frontage on the Biscay Rd. Property requires some renovating and cleanup but plenty of potential for work/office space or rental income as a residence. Septic, well, electric, driveway in place. Some clearing would create a highly visible location for possible new business.

Last Listed By

Jonathan McKane

Keller Williams Realty Listed on: 09/09/2015

Keller Williams Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1979

Lot Details

  • 4.5 Acre Lot
  • Level Lot
  • Open Lot
  • Wooded Lot
  • Property is zoned Commercial

Parking

  • Gravel Driveway

Home Design

  • Cottage
  • Gambrel Roof
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Vertical Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 768 Sq Ft Home
  • Living Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Mounted To A Wall or Window
  • Natural Gas Not Available
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic System
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 003/004
  • Assessor Parcel Number 19MemoryLaneDamariscottaMaine04543

Home Details

Home Type

Single Family

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 4.5
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Damariscotta Business Route 1 to Biscay Road. Right onto Biscay Road, property approximate 1/4 miles on left, sign posted.
  • Above Grade Finished Sq Ft: 768.0
  • Architectural Style: Cottage, Gambrel
  • Year Built: 1979
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 4.5
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 768.0
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Walk-Out: Yes
  • Water Heater:Electric2: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Exterior:Wood Siding: Yes
  • Sewer:Private Sewer: Yes
  • Style:Cottage: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Heat System:Direct Vent Heater: Yes
  • Style:Gambrel: Yes
  • Exterior:Vertical Siding: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Refrigerator
  • Has Basement: Walk-Out Access, Full
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First

Exterior Features

  • Lot Features: Level, Open Lot, Wooded, Near Shopping, Near Town
  • Waterfront: No
  • Construction Type: Wood Siding, Vertical Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 196020.0
  • Parcel #: 19MemoryLaneDamariscottaMaine04543
  • Zoning: Commercial

Tax Info

  • Tax Annual Amount: 1908.0
  • Tax Book Number: 1340
  • Tax Lot: 003/004
  • Tax Map Number: 003
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2015
Closed on
Apr 14, 2017
Sold by
Hinck Christopher S and Hinck Rebecca H
Bought by
Bent Jason J
Seller's Agent
Jonathan McKane
Keller Williams Realty
Buyer's Agent
Jonathan McKane
Keller Williams Realty
List Price
$99,000
Sold Price
$62,000
Premium/Discount to List
-$37,000
-37.37%
Total Days on Market
506
Current Estimated Value
$274,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,202
Avg. Annual Appreciation
20.14%
Original Mortgage
$62,626
Interest Rate
4.1%
Mortgage Type
New Conventional

Range of Values:

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Average Value
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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
Bent Jason J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bent Jason $60,500
Closed Bent Jason J $62,626
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2017 04/13/17 Sold $62,000 -37.4% $81 / Sq Ft
01/28/2017 01/28/17 Pending -- -- --
09/09/2015 09/09/15 For Sale $99,000 -- $129 / 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 $2,677 $144,700 $79,700 $65,000
2023 $2,265 $144,700 $79,700 $65,000
2022 $2,011 $120,800 $66,400 $54,400
2021 $1,921 $120,800 $66,400 $54,400
2020 $1,933 $120,800 $66,400 $54,400
2019 $1,945 $120,800 $66,400 $54,400
2018 $1,969 $120,800 $66,400 $54,400
2017 $2,033 $120,800 $66,400 $54,400
2016 $2,080 $120,800 $66,400 $54,400
2015 $2,061 $120,800 $66,400 $54,400
2014 $1,909 $120,800 $66,400 $54,400
2013 $1,824 $120,800 $66,400 $54,400
Source: Public Records

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Source: Maine Listings

MLS Number: 1236861

Maine Listings

APN: DAMA-000003-000000-000004-000003