NOT LISTED FOR SALE

244 Us Route 1 Damariscotta, ME 04543

Estimated Value: $519,870 - $720,000

3 Beds
1.5 Baths
1,798 Sq Ft
$322/Sq Ft Est. Value

Last Sold February 10, 2022

Last sale price $386,000 $215 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $3,547/month

180 Days on Market

Highlights

  • 510 Feet of Waterfront
  • Nearby Water Access
  • 20 Acre Lot
  • Great Salt Bay Community School Rated A-
  • View of Trees or Woods
  • Cape Cod Architecture

About This Home

As of February 2022

3 bed 1 1/2 bath 1950's cape situated on 20+/- acres in Damariscotta. First floor living with large bedroom, wood and tile floors throughout the first floor, laundry with mudroom/office space, brick fireplace, stainless appliances. This property offers plenty of indoor storage or workshop space with 3 outbuildings! 28' x 40' barn with 13' ceiling and huge 2nd floor loft space! 28' x 36' 2 bay fully insulated garage with heat. 20x40' 1 story ''work shop'' in need of some updates.

Last Agent to Sell the Property

Brandon Reilly

Sigrid & Associates LLC Real Estate Listed on: 07/23/2021

Last Buyer's Agent

Tabitha Benner

RE/MAX JARET & COHN

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,139

Year Built

  • Built in 1950

Lot Details

  • 20 Acre Lot
  • 510 Feet of Waterfront
  • River Front
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Property is zoned Rural

Parking

  • 4 Car Detached Garage
  • Parking Storage or Cabinetry
  • Heated Garage
  • Gravel Driveway

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,798 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Living Room
  • Views of Woods

Kitchen

  • Built-In Oven
  • Electric Range
  • Stove
  • Microwave
  • Dishwasher
  • Formica Countertops

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

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

Outdoor Features

  • Nearby Water Access
  • Deck
  • Outbuilding

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Private Water Source
  • Well
  • Water Heater
  • Septic System
  • Private Sewer

Community Details

  • No Home Owners Association
  • Community Storage Space

Listing and Financial Details

  • Tax Lot 57
  • Assessor Parcel Number DAMA-000003-000000-000057

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,139

Year Built

Built in 1950

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 20.0
  • Road Surface Type: Paved
  • Water Body Name: South Branch Oyster Creek
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1798.0
  • Architectural Style: Cape
  • Garage Yn: Yes
  • Year Built: 1950
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 20.0
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1798.0
  • Property Information:Garage: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Dishwasher: 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:Tile2: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 4.0
  • Exterior:Vinyl Siding: Yes
  • Amenities:One-Floor Living: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Roof:Composition2: Yes
  • Parking:On Site2: Yes
  • Foundation Materials:Block3: Yes
  • Appliances Included:Wall Oven: Yes
  • Sewer:Private Sewer: Yes
  • Recreational Water:Nearby: Yes
  • Heat Fuel:Wood2: Yes
  • Water Info:Waterfront Amount -: 510.0
  • Water Info:Water Frontage Owned -: 510.0
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Site:RollingSloping: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Kitchen Countertop:Formica: Yes
  • Vehicle Storage:Storage Above: Yes
  • Utility Info Electric On Site: Yes
  • Water Heater:Tank: Yes
  • Laundry Room:Laundry Room: Yes
  • Vehicle Storage:Heated: Yes
  • Other Structures:Out Building: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: None

Interior Features

  • Appliances: Washer, Wall Oven, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher
  • Has Basement: Walk-Out Access, Full, Interior Entry, Unfinished
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Bedroom, One-Floor Living, Storage
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First
  • Laundry Room Laundry Room Level: First

Exterior Features

  • Lot Features: Rolling Slope, Wooded, Near Shopping, Near Town
  • View: Trees/Woods
  • Waterfront Features: River
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Block
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features: 5 - 10 Spaces, Gravel, Paved, On Site, Detached, Heated Garage, Storage

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: On Site, Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 871200.0
  • Parcel #: DAMA-000003-000000-000057
  • Zoning: Rural

Tax Info

  • Tax Annual Amount: 4139.0
  • Tax Book Number: 5529
  • Tax Lot: 57
  • Tax Map Number: 3
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2021
Closed on
Feb 10, 2022
Sold by
Reilly Kimberly L and Page Samantha A
Bought by
Brooks David and Brooks Stacey
Seller's Agent
Brandon Reilly
Sigrid & Associates LLC Real Estate
Buyer's Agent
Tabitha Benner
RE/MAX JARET & COHN
List Price
$425,000
Sold Price
$386,000
Premium/Discount to List
-$39,000
-9.18%
Current Estimated Value
$579,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,218
Avg. Annual Appreciation
11.66%
Original Mortgage
$366,700
Outstanding Balance
$340,550
Interest Rate
3.56%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$238,668

Purchase Details

Closed on
Feb 16, 2016
Sold by
Phillips Ava W and Phillips James H
Bought by
James H Phillips Ret
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
Brooks David $408,000 None Available
James H Phillips Ret -- --
James H Phillips Ret -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brooks David $366,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2022 02/10/22 Sold $386,000 -9.2% $215 / Sq Ft
01/20/2022 01/20/22 Pending -- -- --
07/23/2021 07/23/21 For Sale $425,000 -- $236 / 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 $5,711 $308,700 $79,000 $229,700
2023 $4,831 $308,700 $79,000 $229,700
2022 $4,307 $258,700 $66,400 $192,300
2021 $4,113 $258,700 $66,400 $192,300
2020 $4,139 $258,700 $66,400 $192,300
2019 $4,165 $258,700 $66,400 $192,300
2018 $4,217 $258,700 $66,400 $192,300
2017 $4,354 $258,700 $66,400 $192,300
2016 $4,455 $258,700 $66,400 $192,300
2015 $4,413 $258,700 $66,400 $192,300
2014 $4,087 $258,700 $66,400 $192,300
2013 $3,906 $258,700 $66,400 $192,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1502041

Maine Listings

APN: DAMA-000003-000000-000057