NOT LISTED FOR SALE

180 Mills Rd Newcastle, ME 04553

Estimated Value: $394,000 - $430,000

2 Beds
2 Baths
2,268 Sq Ft
$181/Sq Ft Est. Value

Last Sold July 29, 2022

Last sale price $280,000 $123 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,645/month

3 Days on Market

Highlights

  • Nearby Water Access
  • Property Fronts a Bay or Harbor
  • Contemporary Architecture
  • Great Salt Bay Community School Rated A-
  • Scenic Views
  • Wood Flooring

About This Home

As of July 2022

Wonderful 2 bedroom, 2 bath contemporary home located 0.3 miles from downtown Newcastle/Damariscotta and 2 miles from the Damariscotta Mills swimming hole and fish ladder. This home has been primed and polished just in time for summer and is awaiting its new owner. The first floor features a recently updated kitchen, dining room with vaulted ceiling and a grand, 20x24' living room. The rear deck overlooks the lawn and firepit area, perfect for enjoying the warmer outdoor weather. In addition to the two bedrooms located upstairs, there are two rooms in the basement that are 90% complete. Offering the potential for the new owner to quickly add another 800+ sq/ft of living space to utilize. The unique design style even lends itself to the possibility of a roof deck which would allow you 360 degree views of your surroundings, including seasonal views of Great Salt Bay.

Last Agent to Sell the Property

Adam Nelson

Portside Real Estate Group Listed on: 06/17/2022

Last Buyer's Agent

John Krouse

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,691

Year Built

  • Built in 1989

Lot Details

  • 0.5 Acre Lot
  • Property Fronts a Bay or Harbor
  • Level Lot

Parking

  • Gravel Driveway

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Concrete Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Membrane Roofing
  • Metal Roof
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1 Fireplace
  • Scenic Vista Views

Kitchen

  • Stove
  • Cooktop
  • Dishwasher
  • Formica Countertops

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement
  • Interior and Exterior Basement Entry

Outdoor Features

  • Nearby Water Access

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Heating System Mounted To A Wall or Window
  • Well
  • Electric Water Heater
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 057
  • Assessor Parcel Number NEWC-000007-000000-000057

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,691

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.5
  • Road Surface Type: Paved
  • Water Body Name: Great Salt Bay
  • MLS Status: Closed
  • Directions: From Main St Newcastle, turn onto Mills Rd. Property is approx .3 miles on the left.
  • Above Grade Finished Sq Ft: 1374.0
  • Architectural Style: Contemporary
  • Garage Yn: No
  • Year Built: 1989
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 0.5
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1374.0
  • Property Information:SqFt Finished Below Grade: 894.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Seasonal
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Dishwasher: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Foundation Materials:Slab: Yes
  • Water Heater:Electric2: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Roof:Metal: Yes
  • Floors:Laminate: Yes
  • Basement:Partial: Yes
  • Exterior:Wood Siding: Yes
  • Appliances Included:Cooktop: Yes
  • Roof:Pitched: Yes
  • Recreational Water:Nearby: Yes
  • Basement:Slab2: Yes
  • Heat Fuel:Wood2: Yes
  • Driveway:Gravel: Yes
  • Site:RollingSloping: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Kitchen Countertop:Formica: Yes
  • View:Scenic: Yes
  • Heat System:Direct Vent Heater: Yes
  • Roof:Membrane: Yes
  • Roof:Flat: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Dishwasher, Cooktop
  • Has Basement: Finished, Full, Partial, Exterior Entry, Bulkhead, Interior Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 894.0
  • Fireplaces: 1
  • Fireplace: Yes
  • Full Basement: Yes
  • Bedroom 2 Level: Second

Exterior Features

  • Lot Features: Level, Rolling Slope, Near Town
  • View: Scenic
  • Waterfront Features: Bay
  • Waterfront: No
  • Construction Type: Wood Siding, Shingle Siding, Wood Frame
  • Foundation Details: Concrete Perimeter, Slab
  • Roof: Flat, Membrane, Metal, Pitched, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Gravel

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 21780.0
  • Parcel #: NEWC-000007-000000-000057
  • Zoning: residential

Tax Info

  • Tax Annual Amount: 2691.0
  • Tax Book Number: 2457
  • Tax Lot: 057
  • Tax Map Number: 007
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2022
Closed on
Jul 29, 2022
Sold by
Najim Ralph E
Bought by
Thibadoux Alex
Seller's Agent
Adam Nelson
Portside Real Estate Group
Buyer's Agent
John Krouse
Keller Williams Realty
List Price
$275,000
Sold Price
$280,000
Premium/Discount to List
$5,000
1.82%
Current Estimated Value
$409,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,725
Avg. Annual Appreciation
12.44%
Original Mortgage
$175,000
Outstanding Balance
$169,568
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$223,830
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
Thibadoux Alex $280,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thibadoux Alex $98,000
Open Thibadoux Alex $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2022 11/05/22 Off Market $280,000 -- --
07/29/2022 07/29/22 Sold $280,000 +1.8% $123 / Sq Ft
06/21/2022 06/21/22 Pending -- -- --
06/17/2022 06/17/22 For Sale $275,000 -- $121 / 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 $4,357 $320,400 $113,500 $206,900
2023 $3,488 $218,000 $60,600 $157,400
2022 $3,466 $218,000 $60,600 $157,400
2021 $2,691 $175,900 $60,600 $115,300
2020 $2,178 $121,700 $46,700 $75,000
2019 $2,148 $120,000 $46,700 $73,300
2018 $2,148 $120,000 $46,700 $73,300
2017 $2,166 $120,000 $46,700 $73,300
2016 $2,166 $120,000 $46,700 $73,300
2015 $2,166 $120,000 $46,700 $73,300
2013 $1,908 $120,000 $46,700 $73,300
Source: Public Records

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Map

Source: Maine Listings

MLS Number: 1532775

Maine Listings

APN: NEWC-000007-000000-000057