NOT LISTED FOR SALE

27 Lake Meadow Ln Newcastle, ME 04553

Estimated Value: $674,000 - $951,000

3 Beds
3 Baths
2,960 Sq Ft
$284/Sq Ft Est. Value

Last Sold July 30, 2018

Last sale price $527,500 $178 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $5,562/month

9 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 110 Feet of Waterfront
  • Boat Slip
  • Great Salt Bay Community School Rated A-
  • Docks
  • Deck

About This Home

As of July 2018

A rare offering on Damariscotta Lake. A sophisticated styled home combined with the private access to Midcoast Maine's best lake and the center of town just a few miles away. This home is the perfect blend of being an updated and modern home without sacrificing comfort and warmth. A large open floor plan features a wonderful chef's kitchen, a large butler's pantry and warm inviting spaces where you can sit by the fire or recline in a sunbeam while reading a book. On the first floor there is a bedroom with its own full bath that can be turned into its own private suite. Step outside into the sun on the deck or relax on the screened porch, both of which have views of the lake. On the second floor you'll find a large master bedroom with an ensuite bath, walk in closet and office space overlooking the lake. The association lakefront has a large floating dock and shoreline where you can tie up your boat, store your kayak or moor your sailboat.

Last Agent to Sell the Property

Tom Field

Legacy Properties Sotheby's International Realty Listed on: 05/14/2018

Legacy Properties Sotheby's International Realty

Last Buyer's Agent

Geniene Marco

RE/MAX Riverside

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,458

Year Built

  • Built in 1995

Lot Details

  • 2.61 Acre Lot
  • 110 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Dirt Road
  • Street terminates at a dead end
  • Rural Setting
  • Landscaped
  • Level Lot
  • Wooded Lot
  • Property is zoned Rural

HOA Fees

  • $120 Monthly HOA Fees

Property Views

  • Water
  • Woods

Home Design

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

Interior Spaces

  • 2,960 Sq Ft Home
  • Ceiling Fan
  • 1 Fireplace
  • Double Pane Windows
  • Mud Room
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Screened Porch

Kitchen

  • Built-In Oven
  • Gas Range
  • Microwave
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Natural lighting in basement

Parking

  • Direct Access Garage
  • Gravel Driveway

Eco-Friendly Details

  • Smart Grid Meter

Outdoor Features

  • Deeded Waterfront Access Rights
  • Beach Access
  • Nearby Water Access
  • Boat Slip
  • Docks
  • Deck

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Heating System Uses Gas
  • Baseboard Heating
  • Underground Utilities
  • Private Water Source
  • Tankless Water Heater
  • Gas Water Heater
  • Water Heated On Demand
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 17E
  • Assessor Parcel Number 27lakemeadowlandnewcastleme

Community Details

Overview

  • The community has rules related to deed restrictions

Amenities

  • Community Storage Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,458

Year Built

Built in 1995

Lot Details

0

HOA Fees

$120 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.61
  • Road Frontage Type: Private
  • Road Surface Type: Gravel, Paved
  • Water Body Name: Damariscotta Lake
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 2960.0
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Efficiency: Tankless Water Heater, Smart Electric Meter, High Efficiency Water Heater, Double Pane Windows
  • Year Built: 1995
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 2.61
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2960.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Basement:Daylight: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Water Heater:Gas: Yes
  • Water Heater:On Demand: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Amenities:Storage: Yes
  • Location Information:Association Fee: 1440.0
  • Location Information:Fee Frequency Paid: Annually
  • Roads:Private: Yes
  • Kitchen Countertop:Granite: Yes
  • Amenities:Laundry - Hookup: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Water Heater:Tankless: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Amenities:Walk-in Closets: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Mud Room:Mud Room: Yes
  • Exterior:Clapboard: Yes
  • Parking:On Site2: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Office:Office: Yes
  • Appliances Included:Wall Oven: Yes
  • Bedroom 1 Amenities:Full Bath: Yes
  • Recreational Water:Nearby: Yes
  • Location:Rural: Yes
  • Roads:Dead End: Yes
  • Water Info:Waterfront Amount -: 110.0
  • Recreational Water:Deeded: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Site:RollingSloping: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Family Room:Family Room: Yes
  • Property Information:Deed Restrictions: Yes
  • Appliances Included:Gas Range: Yes
  • Equipment:Cable: Yes
  • Energy Efficiency:Ceiling Fans: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Energy Efficiency:Tankless Water Heater: Yes
  • Laundry Room:Laundry Room: Yes
  • Recreational Water:Dock: Yes
  • Energy Efficiency:Smart Electric Meter: Yes
  • Cooling:AC Units: Yes
  • Electric:Underground: Yes
  • Bedroom Amenities 2:Full Bath2: Yes
  • Roof:Fiberglass: Yes
  • Recreational Water:Beach Rights: Yes
  • Energy Efficiency:High Efficiency Water Heater: Yes
  • Sewer:Quasi-Public: Yes
  • Recreational Water:Boat Slip: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: None

Interior Features

  • Appliances: Washer, Wall Oven, Microwave, Gas Range, Dryer, Disposal
  • Has Basement: Daylight, Full, Interior Entry, Walk-Out Access, Unfinished
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Walk-in Closets, 1st Floor Bedroom, Bathtub, Pantry, Storage, Primary Bedroom w/Bath
  • Full Basement: Yes
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: Second
  • Laundry Room Laundry Room Level: Second

Exterior Features

  • Lot Features: Level, Rolling Slope, Landscaped, Wooded, Near Shopping, Near Town, Neighborhood, Rural, Subdivided
  • View: Trees/Woods
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Wood Siding, Clapboard, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Porch, Screened
  • Roof: Fiberglass
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: 5 - 10 Spaces, Gravel, On Site, Inside Entrance

Utilities

  • Laundry Features: Upper Level, Washer Hookup
  • Cooling: A/C Units, Multi Units
  • Cooling Y N: Yes
  • Heating: Baseboard
  • Heating Yn: Yes
  • Electric: Underground, Circuit Breakers
  • Sewer: Quasi-Public
  • Utilities: Utilities On
  • Water Source: Other, Private

Condo/Co-op/Association

  • Association Fee: 1440.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 113691.6
  • Parcel #: 27lakemeadowlandnewcastleme
  • Zoning: Rural

Tax Info

  • Tax Annual Amount: 5458.0
  • Tax Book Number: 2065
  • Tax Lot: 17E
  • Tax Map Number: 7
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2018
Closed on
Aug 2, 2018
Sold by
Belanger Scott W and Belanger Judy K
Bought by
Wilson James M and Wilson Mary C
Seller's Agent
Tom Field
Legacy Properties Sotheby's International Realty
Buyer's Agent
Geniene Marco
RE/MAX Riverside
List Price
$540,000
Sold Price
$527,500
Premium/Discount to List
-$12,500
-2.31%
Current Estimated Value
$840,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$313,126
Avg. Annual Appreciation
6.98%
Original Mortgage
$185,000
Interest Rate
4.5%
Mortgage Type
New Conventional
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
Wilson James M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson James M $181,000
Closed Wilson James M $185,000
Previous Owner Belanger Scott W $131,000
Previous Owner Belanger Scott W $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2018 07/30/18 Sold $527,500 -2.3% $178 / Sq Ft
05/24/2018 05/24/18 Pending -- -- --
05/14/2018 05/14/18 For Sale $540,000 -- $182 / 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 $9,109 $669,800 $144,800 $525,000
2023 $7,854 $490,900 $134,800 $356,100
2022 $7,805 $490,900 $134,800 $356,100
2021 $7,511 $490,900 $134,800 $356,100
2020 $5,771 $322,400 $75,000 $247,400
2019 $5,771 $322,400 $75,000 $247,400
2018 $5,771 $322,400 $75,000 $247,400
2017 $5,819 $322,400 $75,000 $247,400
2016 $5,819 $322,400 $75,000 $247,400
2015 $5,819 $322,400 $75,000 $247,400
2013 $5,126 $322,400 $75,000 $247,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1350249

Maine Listings

APN: NEWC-000007-000000-000017-E000000