NOT LISTED FOR SALE

242 Gates Rd Jefferson, ME 04348

Estimated Value: $392,267 - $487,000

2 Beds
1 Bath
975 Sq Ft
$464/Sq Ft Est. Value

Last Sold March 05, 2014

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

Est. 273% increase in value since last sale

Current estimated payment $2,434/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
  • Contract Information:List PriceSqFt: 112.92
  • 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
  • Advertising Remarks:Advertising Remarks: 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!
  • 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 Lot: 27
  • 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
$410,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$300,775
Avg. Annual Appreciation
12.64%
Source: Public Records
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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 List to Sale Price per Sq Ft
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

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Map

Source: Maine Listings

MLS Number: 1114403

Maine Listings

APN: JEFN-000034-000000-000027