NOT LISTED FOR SALE

244 Us Route 1 Damariscotta, ME 04543

Estimated Value: $408,000 - $693,000

3 Beds
1.5 Baths
1,798 Sq Ft
$300/Sq Ft Est. Value

Last Sold February 10, 2022

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

Est. 40% increase in value since last sale

Current estimated payment $3,485/month

180 Days on Market

Highlights

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

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: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: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
  • 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
James H Phillips Ret and Reilly
Bought by
Reilly Kimberly L and Page Samantha A
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
$540,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,135
Avg. Annual Appreciation
11.82%
Original Mortgage
$366,700
Outstanding Balance
$346,302
Interest Rate
3.56%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$215,473

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

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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
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
Closed Reilly Kimberly L $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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

  • B

    Seller's Agent in 2022

    Brandon Reilly

    Sigrid & Associates LLC Real Estate

  • T

    Buyer's Agent in 2022

    Tabitha Benner

    RE/MAX

  • J

    Buyer Co-Listing Agent in 2022

    Jessica Pooley

    RE/MAX

See All Agents

Map

Source: Maine Listings

MLS Number: 1502041

Maine Listings

APN: DAMA-000003-000000-000057

Maine Lincoln County Damariscotta 04543

244 Us Route 1, Damariscotta, ME

This home is located at 244 Us Route 1, Damariscotta, ME 04543 since 23 July 2021 and is currently estimated at $540,135, approximately $300 per square foot. This property was built in 1950. 244 Us Route 1 is a home located in Lincoln County with nearby schools including Great Salt Bay Community School, Damariscotta Montessori School, and Lincoln Academy.

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