M
Seller's Agent in 2023
Miles Geisler
Legacy Properties Sotheby's International Realty
(207) 380-6007
7 in this area
71 Total Sales
225 Academy Hill Newcastle, ME 04553
Estimated Value: $552,281 - $652,000
3
Beds
2
Baths
2,274
Sq Ft
$268/Sq Ft
Est. Value
Highlights
- Nearby Water Access
- River Front
- Wooded Lot
- Great Salt Bay Community School Rated A-
- Deck
- Garrison Architecture
About This Home
As of September 2023Exciting opportunity to own a well maintained and energy efficient home situated high on Academy Hill Road with sunrise views of Great Salt Bay. This three bedroom, two full bath home has had so many recent upgrades include a new roof and garage doors with automatic openers, new decking and hardwood floors throughout. Enter the home to the sun lit sunroom with year round water views. Large kitchen, beautiful dining room with large picture window. Additional features including a first floor bedroom option/ currently a den, large pantry, Primary bedroom is very spacious and boasts an extra large walk-in closet. Newly installed Jotul fireplace with beautiful tile hearth in living room, as well as a sturdy wood shed big enough to fit 4 cords of wood. Enjoy watching a multitude of wildlife from your back deck. Conveniently located within a mile and a half of the twin villages of Newcastle and Damariscotta with restaurants, coffee shops, local retailers, theater, library and art galleries. Walking distance to Lincoln Academy as well as community swimming hole at Damariscotta Mills. Two story workshop or storage shed with second story lofts on both sides for lots of storage. For the boating and fishing enthusiasts, there is easy access to the public launch within minutes. The septic system has been recently expanded to a three bedroom capacity. This move-in ready home awaits you. Live the life you have always wanted in Maine.
Last Agent to Sell the Property
Legacy Properties Sotheby's International Realty Listed on: 06/28/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,450
Year Built
- Built in 1996
Lot Details
- 1.16 Acre Lot
- River Front
- Rural Setting
- Level Lot
- Open Lot
- Wooded Lot
Parking
- 2 Car Attached Garage
- Parking Storage or Cabinetry
- Heated Garage
- Automatic Garage Door Opener
- Garage Door Opener
- Driveway
Property Views
- Water
- Scenic Vista
- Woods
Home Design
- Garrison Architecture
- Slab Foundation
- Wood Frame Construction
- Shingle Roof
- Wood Siding
Interior Spaces
- 2,274 Sq Ft Home
- Built-In Features
- Ceiling Fan
- Living Room
- Dining Room
- Den
- Sun or Florida Room
- Wood Flooring
Kitchen
- Electric Range
- Stove
- Microwave
- Dishwasher
- Formica Countertops
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary bedroom located on second floor
- Walk-In Closet
- 2 Full Bathrooms
- Bathtub
- Shower Only
Laundry
- Laundry on main level
- Dryer
- Washer
Outdoor Features
- Nearby Water Access
- Deck
Utilities
- Air Conditioning
- Multiple cooling system units
- Heating System Uses Oil
- Heating System Uses Wood
- Radiant Heating System
- Baseboard Heating
- Power Generator
- Natural Gas Not Available
- Private Water Source
- Well
- Oil Water Heater
- Septic System
- Septic Design Available
- Private Sewer
- Internet Available
- Cable TV Available
Community Details
- No Home Owners Association
- Community Storage Space
Listing and Financial Details
- Tax Lot 52H
- Assessor Parcel Number 225academyhillroadnewcastleme04553
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 28, 2023
Closed on
Sep 29, 2023
Sold by
Jones Neal S
Bought by
Aldrich Clark B and Aldrich Lisa E
Seller's Agent
Miles Geisler
Legacy Properties Sotheby's International Realty
Buyer's Agent
Peter Christine
Drum & Drum Real Estate Inc.
List Price
$495,000
Sold Price
$468,000
Premium/Discount to List
-$27,000
-5.45%
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
$142,070
Avg. Annual Appreciation
14.10%
Original Mortgage
$268,000
Outstanding Balance
$262,838
Interest Rate
7.23%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$347,232
Purchase Details
Closed on
Nov 17, 2015
Sold by
Travis Ellis C
Bought by
Jones Neal S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,800
Interest Rate
3.87%
Mortgage Type
New Conventional
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 |
|---|---|---|---|
| Aldrich Clark B | $468,000 | None Available | |
| Jones Neal S | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Aldrich Clark B | $268,000 | |
| Previous Owner | Jones Neal S | $155,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/29/2023 09/29/23 | Sold | $468,000 | -5.5% | $206 / Sq Ft |
| 08/17/2023 08/17/23 | Pending | -- | -- | -- |
| 06/28/2023 06/28/23 | For Sale | $495,000 | -- | $218 / 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 | $6,189 | $455,100 | $136,300 | $318,800 |
| 2023 | $4,970 | $310,600 | $66,300 | $244,300 |
| 2022 | $4,848 | $304,900 | $66,300 | $238,600 |
| 2021 | $4,665 | $304,900 | $66,300 | $238,600 |
| 2020 | $3,167 | $176,900 | $51,300 | $125,600 |
| 2019 | $3,167 | $176,900 | $51,300 | $125,600 |
| 2018 | $3,167 | $176,900 | $51,300 | $125,600 |
| 2017 | $3,193 | $176,900 | $51,300 | $125,600 |
| 2016 | $3,193 | $176,900 | $51,300 | $125,600 |
| 2015 | $3,193 | $176,900 | $51,300 | $125,600 |
| 2013 | $2,813 | $176,900 | $51,300 | $125,600 |
Source: Public Records
Agents Affiliated with this Home
-
Miles Geisler
-
Joanne Moore
J
Seller Co-Listing Agent in 2023
Joanne Moore
Legacy Properties Sotheby's International Realty
(207) 350-5172
11 in this area
68 Total Sales
-
Peter Christine
Buyer's Agent in 2023
Peter Christine
Drum & Drum Real Estate Inc.
(207) 592-2951
7 in this area
45 Total Sales
Map
Source: Maine Listings
MLS Number: 1563231
APN: NEWC-000007-000000-000052-H000000
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