NOT LISTED FOR SALE

242 Gates Rd Jefferson, ME 04348

Estimated Value: $378,000 - $423,000

2 Beds
1 Bath
975 Sq Ft
$404/Sq Ft Est. Value

Last Sold March 05, 2014

Last sale price $110,100 $113 Per Sq Ft

Est. 245% increase in value since last sale

Current estimated payment $2,382/month

9 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Chalet
  • Wooded Lot
  • 10 Acre Lot
  • Deck
  • Wood Flooring

About This Home

As of March 2014

Charming Log home w/acreage. Deeded access to a sandy beach on Damariscotta Lake. Front & back decks, stone fireplace, full basement. Will need work as copper has been stolen, but much potential!

Last Agent to Sell the Property

Earle Kenney

Sprague & Curtis Real Estate Brokerage Email: earle@spragueandcurtis.com Listed on: 10/22/2013

Last Buyer's Agent

Leonard Maxwell

RE/MAX JARET & COHN

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,114

Year Built

  • Built in 2000

Lot Details

  • 10 Acre Lot
  • 100 Feet of Waterfront
  • Lake Front
  • Street terminates at a dead end
  • Rural Setting
  • Wooded Lot
  • Property is zoned Rural

HOA Fees

  • $32 Monthly HOA Fees

Parking

  • Gravel Driveway

Home Design

  • Chalet
  • Concrete Foundation
  • Shingle Roof
  • Log Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 975 Sq Ft Home
  • Living Room
  • Dining Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Unfinished Basement

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

Outdoor Features

  • Deck

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Natural Gas Not Available
  • Private Water Source
  • Private Sewer

Community Details

  • The community has rules related to deed restrictions

Listing and Financial Details

  • Tax Lot 27
  • Assessor Parcel Number 242Gates RoadJefferso3427

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,114

Year Built

Built in 2000

Lot Details

0

HOA Fees

$32 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 10.0
  • Water Body Name: Damariscotta
  • MLS Status: Closed
  • Directions: Take Rt 213 in Jefferson--Bunker Hill Rd to Gates Rd. Home is on LEFT. #242.
  • Above Grade Finished Sq Ft: 975.0
  • Architectural Style: Chalet
  • Year Built: 2000
  • Attribution Contact: earle@spragueandcurtis.com
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 10.0
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 975.0
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: No
  • Roof:Shingle: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Walk-Out: Yes
  • Location Information:Association Fee: 32.0
  • Location Information:Fee Frequency Paid: Monthly
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Sewer:Private Sewer: Yes
  • Location:Rural: Yes
  • Roads:Dead End: Yes
  • Water Info:Waterfront Amount -: 100.0
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Dining Room Amenities:Dining Area: Yes
  • Site:Wooded: Yes
  • Property Information:Deed Restrictions: Yes
  • Construction:Log: Yes
  • Heat System:No Heat System: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Has Basement: Full, Walk-Out Access, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: 1st Floor Bedroom
  • Full Basement: Yes
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Wooded, Rural
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Log Siding, Log
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Exterior:Log Siding: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: No Heat System
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Association Fee: 32.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 435600.0
  • Parcel #: 242Gates RoadJefferso3427
  • Zoning: Rural

Tax Info

  • Tax Annual Amount: 2114.0
  • Tax Book Number: 4031
  • Tax Lot: 27
  • Tax Map Number: 34
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2013
Closed on
Jan 31, 2014
Sold by
Bixby Benjamin C
Bought by
Federal National Mortgage Association
Seller's Agent
Earle Kenney
Sprague & Curtis Real Estate
Buyer's Agent
Leonard Maxwell
RE/MAX JARET & COHN
List Price
$105,000
Sold Price
$110,100
Premium/Discount to List
$5,100
4.86%
Current Estimated Value
$379,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,586
Avg. Annual Appreciation
11.80%
Source: Public Records

Range of Values:

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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
Federal National Mortgage Association -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2014 03/05/14 Sold $110,100 +4.9% $113 / Sq Ft
11/02/2013 11/02/13 Pending -- -- --
10/23/2013 10/23/13 For Sale $105,000 -- $108 / 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 $3,034 $250,500 $67,500 $183,000
2023 $2,832 $172,700 $46,500 $126,200
2022 $2,599 $172,700 $46,500 $126,200
2021 $2,487 $172,700 $46,500 $126,200
2020 $2,435 $172,700 $46,500 $126,200
2019 $2,280 $172,700 $46,500 $126,200
2018 $2,236 $173,300 $46,500 $126,800
2017 $2,192 $171,900 $46,500 $125,400
2016 $2,206 $173,000 $47,200 $125,800
2015 $2,163 $173,000 $47,200 $125,800
2014 $2,070 $172,500 $47,200 $125,300
Source: Public Records

Agents Affiliated with this Home

  • Earle Kenney

    Seller's Agent in 2014

    Earle Kenney

    Sprague & Curtis Real Estate

    (207) 395-4695

    1 in this area

    324 Total Sales

    Section Image

  • L

    Buyer's Agent in 2014

    Leonard Maxwell

    RE/MAX

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Map

Source: Maine Listings

MLS Number: 1114403

Maine Listings

APN: JEFN-000034-000000-000027

Maine Lincoln County Jefferson 04348

242 Gates Rd, Jefferson, ME

This home is located at 242 Gates Rd, Jefferson, ME 04348 since 22 October 2013 and is currently estimated at $393,895, approximately $403 per square foot. This property was built in 2000. 242 Gates Rd is a home located in Lincoln County with nearby schools including Jefferson Village School.

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