$368,500
SOLD JUN 30, 2015

23 Lake Meadow Ln Newcastle, ME 04553

3 Beds
3 Baths
2,856 Sq Ft
3.16 Acres

Recently Sold

$129 Per Sq Ft

4% Below List Price

5 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 110 Feet of Waterfront
  • 3.16 Acre Lot
  • Great Salt Bay Community School Rated A-
  • Docks
  • Deck

About This Home

As of December 2020

Immaculate home in one of Damariscotta Lake's nicest waterfront neighborhoods. Eight rooms with water views from all the major rooms. Common beach and dock area. Boat, swim and fish and enjoy the lake all year round. Minutes from the Twin Village of Newcastle/Damariscotta.

Last Agent to Sell the Property

Bill Byrnes

Newcastle Realty Brokerage Phone: 207-563-1003 Listed on: 05/01/2015

Co-Listed By

Leon Simard

Newcastle Realty Brokerage Phone: 207-563-1003

Last Buyer's Agent

Miles Geisler

Legacy Properties Sotheby's International Realty

Legacy Properties Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,076

Year Built

  • Built in 1992

Lot Details

  • 3.16 Acre Lot
  • 110 Feet of Waterfront
  • Lake Front
  • Dirt Road
  • Cul-De-Sac
  • Rural Setting
  • Landscaped
  • Open Lot
  • Property is zoned Rural

Home Design

  • Contemporary Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,856 Sq Ft Home
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Bonus Room
  • Water Views
  • Attic

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Dryer

Unfinished Basement

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

Parking

  • Direct Access Garage
  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

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

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Private Water Source
  • Well
  • Septic System
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 17D3

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,076

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 3.16
  • Road Surface Type: Gravel
  • Water Body Name: Damariscotta
  • Co List Office Mls Id: 1434
  • Co List Office Phone: 207-563-1003
  • MLS Status: Closed
  • Directions: From Academy Hill Road, take Rte. 215 east 1 mile to Lake Meadow Road, right turn go 500' (+/-) to fork, take left turn Home is on right.
  • Above Grade Finished Sq Ft: 2856.0
  • Architectural Style: Contemporary
  • Year Built: 1992
  • Attribution Contact: 207-563-1003
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 3.16
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2856.0
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Microwave: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Amenities:Walk-in Closets: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Living Room:Living Room: Yes
  • Roof:Composition2: Yes
  • Bonus Room:Bonus Room: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Amenities:Attic: Yes
  • Recreational Water:Nearby: Yes
  • Living Room Amenities:Wood Burning Fireplace14: Yes
  • Location:Rural: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 110.0
  • Recreational Water:Deeded: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Appliances Included:Gas Range: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Den:Den: Yes
  • Recreational Water:Dock: Yes
  • Site:Cul-De-Sac: Yes
  • Cooling:AC Units: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Microwave, Gas Range, Dryer, Disposal, Dishwasher
  • Has Basement: Walk-Out Access, Full, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Walk-in Closets, Attic, 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
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Cul-De-Sac, Open Lot, Right of Way, Landscaped, Neighborhood, Rural, Subdivided
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Composition, 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
  • Parking Features: 1 - 4 Spaces, Gravel, Inside Entrance, Off Street

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: A/C Units, Multi Units
  • Cooling Y N: Yes
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 137649.6
  • Parcel #: 00
  • Zoning: Rural

Tax Info

  • Tax Annual Amount: 6076.0
  • Tax Book Number: 2499
  • Tax Lot: 17D3
  • Tax Map Number: 7
  • Tax Year: 2015

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
Bill 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
$875,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$506,789
Avg. Annual Appreciation
8.58%
Original Mortgage
$150,000
Outstanding Balance
$60,443
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$785,107
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 Type Sale Price Title Company
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $150,000 New Conventional
Previous Owner $80,000 Unknown
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: 1213872

Maine Listings

APN: NEWC-000007-000000-000017-D000003