$488,000
SOLD MAR 15, 2018

245 Mills Rd Newcastle, ME 04553

3 Beds
2.5 Baths
2,800 Sq Ft
1.94 Acres

Recently Sold

$174 Per Sq Ft

11% Below List Price

388 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 1,058 Feet of Waterfront
  • Deck
  • Great Salt Bay Community School Rated A-
  • Docks
  • Contemporary Architecture

About This Home

As of December 2024

Sunrise and moonlight on the water. An architecturally inspiring home with an open floor plan with peaceful panoramic views from every room. Fabulous layout great for everyday living and entertaining. Three levels of finished living space. Excellent rental history on VRBO. Convenience in being close to town, restaurants, shopping and all local events. Great location for a home business. Quality finish work throughout make this a delightful home for year round or seasonal living.

Last Agent to Sell the Property

Kirstie Ransdell

Newcastle Realty Brokerage Phone: 207-563-1003 Listed on: 11/07/2016

Newcastle Realty

Last Buyer's Agent

Anne Peaslee

Newcastle Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,859

Year Built

  • Built in 1994

Lot Details

  • 1.94 Acre Lot
  • 1,058 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • Landscaped
  • Open Lot
  • Lot Has A Rolling Slope
  • Property is zoned SL/LR/D1

Property Views

  • Water
  • Scenic Vista

Home Design

  • Contemporary Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Clap Board Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • Built-In Features
  • Vaulted Ceiling
  • Mud Room
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Screened Porch
  • Home Security System

Kitchen

  • Built-In Oven
  • Gas Range
  • Marble Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Bedroom Suite
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Interior Basement Entry
  • Natural lighting in basement

Parking

  • Detached Garage
  • Parking Storage or Cabinetry
  • Driveway

Outdoor Features

  • Deeded Waterfront Access Rights
  • Access to Tidal Water
  • Docks
  • Deck
  • Patio
  • Shed

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Private Water Source
  • Well
  • Septic Design Available
  • Private Sewer
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Community Storage Space

Listing and Financial Details

  • Tax Lot 48
  • Assessor Parcel Number NEWC-000007-000000-000048

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,859

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.94
  • Road Surface Type: Paved
  • Water Body Name: Great Salt
  • MLS Status: Closed
  • Directions: From interesection of Main Street and Route 215 in Newcastle take 215 (Mills Road) 1.2 miles to home on the right.
  • Above Grade Finished Sq Ft: 1508.0
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Year Built: 1994
  • Attribution Contact: 207-563-1003
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.94
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 1508.0
  • Property Information:SqFt Finished Below Grade: 1292.0
  • Property Information:Garage: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Basement:Daylight: Yes
  • Percent Basement Finished: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Amenities:Security System: Yes
  • Amenities:Storage: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:Detached: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Full Bath7: Yes
  • Primary Bedroom Amenities:Suite6: Yes
  • Mud Room:Mud Room: Yes
  • Exterior:Clapboard: Yes
  • Heat System:Multi-Zones: Yes
  • Exterior:Wood Siding: Yes
  • Appliances Included:Wall Oven: Yes
  • Sewer:Private Sewer: Yes
  • Living Room Amenities:Wood Burning Fireplace14: Yes
  • Water Info:Waterfront Amount -: 1058.0
  • Water Info:Water Frontage Owned -: 1058.0
  • Recreational Water:Deeded: Yes
  • Water:Private2: Yes
  • Site:RollingSloping: Yes
  • Family Room:Family Room: Yes
  • Appliances Included:Gas Range: Yes
  • Water:Well Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Sewer:Septic Design Available: Yes
  • Equipment:Cable: Yes
  • Vehicle Storage:Storage Above: Yes
  • View:Scenic: Yes
  • Recreational Water:Waterfront Tidal: Yes
  • Laundry Room:Laundry Room: Yes
  • Recreational Water:Dock: Yes
  • Primary Bedroom Amenities:Vaulted Ceiling15: Yes
  • Living Room Amenities:Built-Ins14: Yes
  • Dining Room Amenities:Built-Ins8: Yes
  • Kitchen Countertop:Marble: Yes
  • Other Structures:Shed: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Wall Oven, Refrigerator, Gas Range, Dryer, Disposal
  • Has Basement: Walk-Out Access, Daylight, Finished, Interior Entry
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1292.0
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Other, Pantry, Shower, Storage, Primary Bedroom w/Bath
  • 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
  • Laundry Room Laundry Room Level: Basement

Exterior Features

  • Lot Features: Open Lot, Rolling Slope, Landscaped, Near Shopping, Near Town
  • View: Scenic
  • Waterfront Features: Bay
  • Waterfront: Yes
  • Construction Type: Wood Siding, Clapboard, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck, Patio, Porch, Screened
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved, Detached, Storage

Utilities

  • Security: Security System
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Design Available
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 84506.4
  • Parcel #: NEWC-000007-000000-000048
  • Zoning: SL/LR/D1

Tax Info

  • Tax Annual Amount: 8859.0
  • Tax Book Number: 3540
  • Tax Lot: 48
  • Tax Map Number: 7
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2024
Closed on
Dec 11, 2024
Sold by
Murray Nancy J and Kessler Glenn P
Bought by
Goldfarb Peter and Sesar Patricia
Seller's Agent
Anne Peaslee
Newcastle Realty
Buyer's Agent
Amy Keenan
William Raveis Real Estate
List Price
$899,000
Sold Price
$886,500
Premium/Discount to List
-$12,500
-1.39%
Views
15
Current Estimated Value
$993,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,553
Avg. Annual Appreciation
35.89%

Purchase Details

Listed on
Nov 7, 2016
Closed on
Mar 16, 2018
Sold by
Marinari Paulette N and Avicolli Michelle L
Bought by
Kessler Glenn P and Murray Nancy J
Seller's Agent
Kirstie Ransdell
Newcastle Realty
Buyer's Agent
Anne Peaslee
Newcastle Realty
List Price
$550,000
Sold Price
$488,000
Premium/Discount to List
-$62,000
-11.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.25%
Original Mortgage
$65,000
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 23, 2005
Sold by
Willemsen Lisa
Bought by
Marinari Paulette N and Avicolli Michelle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
1%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $886,500 None Available
Warranty Deed $886,500 None Available
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $65,000 New Conventional
Previous Owner $417,000 Commercial
Previous Owner $500,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2024 12/11/24 Sold $886,500 -1.4% $317 / Sq Ft
11/18/2024 11/18/24 Pending -- -- --
11/09/2024 11/09/24 For Sale $899,000 +84.2% $321 / Sq Ft
03/15/2018 03/15/18 Sold $488,000 -11.3% $174 / Sq Ft
12/01/2017 12/01/17 Pending -- -- --
11/07/2016 11/07/16 For Sale $550,000 -- $196 / 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 $10,171 $747,900 $328,200 $419,700
2023 $8,154 $509,600 $248,200 $261,400
2022 $8,103 $509,600 $248,200 $261,400
2021 $7,797 $509,600 $248,200 $261,400
2020 $8,785 $490,800 $213,500 $277,300
2019 $3,659 $490,800 $213,500 $277,300
2018 $1,071 $490,800 $213,500 $277,300
2017 $8,859 $490,800 $213,500 $277,300
2016 $8,859 $490,800 $213,500 $277,300
2015 $8,859 $490,800 $213,500 $277,300
2013 $7,848 $493,600 $213,500 $280,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1288032

Maine Listings

APN: NEWC-000007-000000-000048