$300,000
SOLD AUG 15, 2022

27 Pleasant St Newcastle, ME 04553

3 Beds
1.5 Baths
1,808 Sq Ft
1.48 Acres

Recently Sold

$166 Per Sq Ft

29% Below List Price

19 Days on Market

Highlights

  • River Front
  • Cape Cod Architecture
  • Wood Flooring
  • Great Salt Bay Community School Rated A-
  • Deck
  • Attic

About This Home

As of May 2025

Conveniently located in a lovely residential neighborhood in Newcastle within walking distance to town, this attractive 1970's cape offers lots of potential. The property is close to the end of a dead end road with a large, open, level, 1 1/2 acre lot that lends itself to all kinds of outdoor activities. Depending on one's needs it serves as a beautiful buffer or could be subdivided and built on. As evident from the photos, the Damariscotta River is a ''stones throw'' from the house. You will see seasonal peaks of the water through the trees and enjoy the cooling effect during the summer. Proximity to Route One gives you easy access to points east and west including Portland and Camden. Locally, students can walk to Lincoln Academy. The Great Salt Bay School, YMCA, the hospital and groceries are a quick drive. Damariscotta is a desirable town with fun shops, restaurants, places to enjoy a cup of coffee, and a thriving theater with movies and live performances. The house will benefit from updating and is being sold ''as is''. The Seller is offering a $25,000 concession at closing to cover costs for improvements to the basement. The septic system has been inspected and is functioning. Anticipate some work which can be addressed initially or tackled over time with room for significant rewards and financial growth. This is a clean slate for a Buyer to mold along the lines of their own wants and needs with their own artistic vision!

Last Agent to Sell the Property

Katherine Leeman

Legacy Properties Sotheby's International Realty Listed on: 06/24/2022

Legacy Properties Sotheby's International Realty

Co-Listed By

Cristina Stirratt

Legacy Properties Sotheby's International Realty

Last Buyer's Agent

Nate Laflin

McAllister Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,069

Year Built

  • Built in 1973

Lot Details

  • 1.48 Acre Lot
  • River Front
  • Street terminates at a dead end
  • Level Lot
  • Open Lot

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Cape Cod Architecture
  • Wood Frame Construction
  • Tar and Gravel Roof
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 1,808 Sq Ft Home
  • Built-In Features
  • Wood Burning Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Storm Doors
  • Laundry on main level
  • Attic

Kitchen

  • Electric Range
  • Formica Countertops

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • Bathtub
  • Shower Only

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Outdoor Features

  • Deck

Location

  • Property is near a golf course
  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Kerosene
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Natural Gas Not Available
  • Electric Water Heater
  • Septic System
  • Private Sewer
  • Internet Available

Community Details

  • No Home Owners Association
  • Community Storage Space

Listing and Financial Details

  • Tax Lot 031
  • Assessor Parcel Number NEWC-000011-000000-000031

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,069

Year Built

Built in 1973

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.48
  • Road Surface Type: Paved
  • Water Body Name: Damariscotta River
  • Co List Office Mls Id: 2829
  • Co List Office Phone: 207-563-2775
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1808.0
  • Architectural Style: Cape
  • Garage Yn: Yes
  • Efficiency: Storm Doors, Double Pane Windows
  • Year Built: 1973
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.48
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1808.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Seasonal
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Electric Range: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 1.0
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Amenities:Attic: Yes
  • Heat Fuel:K-1Kerosene: Yes
  • Living Room Amenities:Wood Burning Fireplace14: Yes
  • Room Features:Wood Burning Fireplace29: Yes
  • Roads:Dead End: Yes
  • Equipment:Internet Access Available: Yes
  • Site:RollingSloping: Yes
  • Sewer:Septic Existing on Site: Yes
  • Kitchen Countertop:Formica: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Room Features:Built-Ins30: Yes
  • Den:Den: Yes
  • Heat System:Direct Vent Furnace: Yes
  • Dining Room Amenities:Informal: Yes
  • Energy Efficiency:Storm Doors: Yes
  • Roof:TarGravel: Yes
  • Den Amenities:Built-Ins7: Yes
  • Bedroom Amenities 2:Built-Ins4: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Electric Range
  • Has Basement: Full, Exterior Entry, Bulkhead, Interior Entry, Unfinished
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Attic, Bathtub, Shower, Storage
  • Full Basement: Yes
  • 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

Exterior Features

  • Lot Features: Level, Open Lot, Rolling Slope, Intown, Near Golf Course, Near Shopping, Near Town, Neighborhood
  • Waterfront Features: River
  • Waterfront: No
  • Construction Type: Wood Siding, Shingle Siding, Wood Frame
  • Patio And Porch Features: Deck
  • Roof: Tar/Gravel
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: 1 - 4 Spaces, Paved

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Furnace, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 64468.8
  • Parcel #: NEWC-000011-000000-000031
  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 3068.96
  • Tax Book Number: 1326
  • Tax Lot: 031
  • Tax Map Number: 011
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2025
Closed on
May 1, 2025
Sold by
Lewis Jon and Lewis Nicola
Bought by
Asherman Davis and Asherman Sarah
Seller's Agent
Kirsten Ingram
Keller Williams Realty
Buyer's Agent
Leslie Bolster
Coldwell Banker Berton & Associates
List Price
$650,000
Sold Price
$600,000
Premium/Discount to List
-$50,000
-7.69%
Views
41
Current Estimated Value
$618,996

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,996
Avg. Annual Appreciation
13.87%
Original Mortgage
$600,000
Outstanding Balance
$600,000
Interest Rate
6.67%
Mortgage Type
VA
Estimated Equity
$18,996
Source: Public Records

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    Section Image

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 Type Sale Price Title Company
Warranty Deed $600,000 None Available
Warranty Deed $600,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $600,000 VA
Closed $600,000 VA
Previous Owner $450,000 Credit Line Revolving
Previous Owner $45,500 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2025 05/01/25 Sold $600,000 -7.7% $319 / Sq Ft
03/22/2025 03/22/25 Pending -- -- --
03/20/2025 03/20/25 For Sale $650,000 +116.7% $345 / Sq Ft
08/15/2022 08/15/22 Sold $300,000 -29.4% $166 / Sq Ft
07/14/2022 07/14/22 Pending -- -- --
06/24/2022 06/24/22 For Sale $425,000 -- $235 / 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 $6,106 $449,000 $111,200 $337,800
2023 $4,805 $300,300 $102,900 $197,400
2022 $5,187 $326,200 $128,800 $197,400
2021 $4,991 $326,200 $128,800 $197,400
2020 $3,596 $200,900 $78,800 $122,100
2019 $3,596 $200,900 $78,800 $122,100
2018 $3,596 $200,900 $78,800 $122,100
2017 $3,626 $200,900 $78,800 $122,100
2016 $3,626 $200,900 $78,800 $122,100
2015 $3,626 $200,900 $78,800 $122,100
2013 $3,194 $200,900 $78,800 $122,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1533883

Maine Listings

APN: NEWC-000011-000000-000031