NOT LISTED FOR SALE

23 Lake Meadow Ln Newcastle, ME 04553

Estimated Value: $840,000 - $921,000

3 Beds
3 Baths
2,820 Sq Ft
$309/Sq Ft Est. Value

Last Sold December 16, 2020

Last sale price $450,000 $160 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $5,715/month

276 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 110 Feet of Waterfront
  • Contemporary Architecture
  • Great Salt Bay Community School Rated A-
  • Deck
  • Wood Flooring

About This Home

As of December 2020

Stunning home located in one of the nicest neighborhoods on Damariscotta lake. The home boasts many attractive features , three bedrooms and three full baths. Beautiful island in kitchen as well as all updated appliances. Living room has a wood burning fireplace, sliding doors that lead to a sunroom which has superb views of the lake. Land is owned in common.

There is a large bonus room on second floor which lends itself to many opportunities, such as craft, game, or media room. Automatic generator to service the home has been installed recently. Common dock and float allows for fun on the lake all year long!

Last Agent to Sell the Property

Jeanette Wordock

Drum & Drum Real Estate Inc. Listed on: 02/10/2020

Last Buyer's Agent

Frederick Hebert

Legacy Properties Sotheby's International Realty

Legacy Properties Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,250

Year Built

  • Built in 1992

Lot Details

  • 3.16 Acre Lot
  • 110 Feet of Waterfront
  • Lake Front
  • Dirt Road
  • Cul-De-Sac
  • Street terminates at a dead end
  • Rural Setting
  • Landscaped
  • Level Lot
  • Property is zoned shoreland

HOA Fees

  • $130 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Gravel Driveway

Property Views

  • Water
  • Woods

Home Design

  • Contemporary Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Composition Roof
  • Wood Siding
  • Clap Board Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 2,820 Sq Ft Home
  • Skylights
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Bonus Room
  • Sun or Florida Room

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

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

Outdoor Features

  • Deeded Waterfront Access Rights
  • Beach Access
  • Nearby Water Access
  • Deck
  • Porch

Utilities

  • No Cooling
  • Forced Air Zoned Heating System
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Power Generator

Listing and Financial Details

  • Tax Lot 1703
  • Assessor Parcel Number NEWC-000007-000000-000017-D000003

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,250

Year Built

Built in 1992

Lot Details

0

HOA Fees

$130 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 3.16
  • Road Surface Type: Gravel
  • Water Body Name: Damariscotta Lake
  • MLS Status: Closed
  • Directions: Academy Hill to Route 215, approximately one mile to Lake Meadow Lane. Follow to #23 on right.
  • Above Grade Finished Sq Ft: 2820.0
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Year Built: 1992
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 3.16
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2820.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Location Information:Association Fee: 1560.0
  • Location Information:Fee Frequency Paid: Annually
  • Property Information:Garage Spaces: 2.0
  • Kitchen Countertop:Granite: Yes
  • Amenities:Laundry - Hookup: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Kitchen Amenities:Island: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Walk-in Closet6: Yes
  • Room Features:Eat-in Kitchen2: Yes
  • Room Features:Island2: Yes
  • Room Features:Walk-in Closet17: Yes
  • Roof:Composition2: Yes
  • Exterior:Clapboard: Yes
  • Heat System:Multi-Zones: Yes
  • Exterior:Wood Siding: Yes
  • Bonus Room:Bonus Room: Yes
  • Sunroom:Sunroom: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Recreational Water:Nearby: Yes
  • Living Room Amenities:Wood Burning Fireplace14: Yes
  • Room Features:Skylight32: Yes
  • Room Features:Wood Burning Fireplace29: Yes
  • Location:Rural: Yes
  • Roads:Dead End: Yes
  • Water Info:Waterfront Amount -: 110.0
  • Water Info:Water Frontage Shared -: 110.0
  • Recreational Water:Deeded: Yes
  • Driveway:Gravel: Yes
  • View:TreesWoods: Yes
  • Equipment:Generator: Yes
  • Laundry Room:Laundry Room: Yes
  • Den:Den: Yes
  • Site:Cul-De-Sac: Yes
  • Recreational Water:Beach Rights: Yes
  • Sewer:Quasi-Public: Yes
  • Bonus Room Amenities:Skylight14: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Disposal, Dishwasher
  • Has Basement: Full, Interior Entry, Walk-Out Access, Unfinished
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Bedroom, Pantry, Primary Bedroom w/Bath
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: Second
  • Laundry Room Laundry Room Level: First

Exterior Features

  • Lot Features: Cul-De-Sac, Level, Right of Way, Landscaped, Rural, Subdivided
  • View: Trees/Woods
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Wood Siding, Clapboard, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Porch
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Gravel, Inside Entrance

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Forced Air, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Quasi-Public
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1560.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 137649.6
  • Parcel #: NEWC-000007-000000-000017-D000003
  • Zoning: shoreland

Tax Info

  • Tax Annual Amount: 6250.0
  • Tax Book Number: 5061
  • Tax Lot: 1703
  • Tax Map Number: 7
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2015
Closed on
Jun 30, 2015
Sold by
Elizabeth E Baker Ret
Bought by
Lyons Tara K
Seller's Agent
William Byrnes
Newcastle Realty
Buyer's Agent
Miles Geisler
Legacy Properties Sotheby's International Realty
List Price
$385,000
Sold Price
$368,500
Premium/Discount to List
-$16,500
-4.29%
Current Estimated Value
$871,809

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$503,309
Avg. Annual Appreciation
9.24%
Original Mortgage
$150,000
Outstanding Balance
$63,087
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$826,892
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
Lyons Tara K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lyons Tara K $150,000
Previous Owner Elizabeth E Baker Ret $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2020 12/16/20 Sold $450,000 -12.6% $160 / Sq Ft
11/13/2020 11/13/20 Pending -- -- --
02/10/2020 02/10/20 For Sale $515,000 +39.8% $183 / Sq Ft
06/30/2015 06/30/15 Sold $368,500 -4.3% $129 / Sq Ft
05/07/2015 05/07/15 Pending -- -- --
05/01/2015 05/01/15 For Sale $385,000 -- $135 / 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 $8,746 $643,100 $135,000 $508,100
2023 $7,640 $477,500 $125,000 $352,500
2022 $7,592 $477,500 $125,000 $352,500
2021 $7,306 $477,500 $125,000 $352,500
2020 $6,251 $349,200 $75,000 $274,200
2019 $6,251 $349,200 $75,000 $274,200
2018 $6,251 $349,200 $75,000 $274,200
2017 $6,303 $349,200 $75,000 $274,200
2016 $6,303 $349,200 $75,000 $274,200
2015 $6,303 $349,200 $75,000 $274,200
2013 -- $349,200 $75,000 $274,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1444260

Maine Listings

APN: NEWC-000007-000000-000017-D000003