D
Seller's Agent in 2024
Deborah Fox
Legacy Properties Sotheby's International Realty
(207) 350-1474
1 in this area
31 Total Sales
307 Gates Rd Jefferson, ME 04348
Estimated Value: $1,253,000 - $2,119,000
4
Beds
4
Baths
3,700
Sq Ft
$489/Sq Ft
Est. Value
Highlights
- Additional Residence on Property
- 600 Feet of Waterfront
- Public Beach
- Deeded Waterfront Access Rights
- Docks
- 2.3 Acre Lot
About This Home
As of October 2024This exquisite property on Damariscotta Lake boasts over 600 feet of pristine lake frontage. The main house, a spacious 3100 sq ft retreat, features include a wrap around deck and a great screened-in porch and offers picturesque water views from both. With 3-4 bedrooms and 3 full bathrooms, its open floor plan seamlessly integrates the kitchen, dining, and living areas—perfect for both entertaining and family gatherings. A first-floor bedroom provides direct access to the screened-in porch, enhancing the serene lakeside experience. Almost every room in the house has a water view.
Additionally, there is a charming separate cottage, completely renovated, offers 1-2 bedrooms, a kitchen, full bath, and a deck overlooking Damariscotta Lake which adds versatility and extra accommodation space.
Experience the beauty of one of Maine's most sought-after lakes. The expansive water frontage provides ample opportunities for boating, fishing, and swimming, while the serene environment offers a peaceful escape from the hustle and bustle of daily life.
This beautiful lakefront property on Damariscotta Lake is a rare find and a true gem. Whether you're seeking a year-round residence or a seasonal getaway, this home and its accompanying cottage offer the perfect blend of luxury and tranquility.
Some Furnishings will be included, the property has been rented the last couple years seasonally. Rental income potential adds further appeal, making it not only a luxurious retreat for personal use but also a potentially lucrative investment opportunity.
Last Agent to Sell the Property
Legacy Properties Sotheby's International Realty Listed on: 07/12/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,177
Year Built
- Built in 2004
Lot Details
- 2.3 Acre Lot
- 600 Feet of Waterfront
- Lake Front
- Property fronts a private road
- Public Beach
- Level Lot
- Open Lot
- Property is zoned Shoreland
HOA Fees
- $40 Monthly HOA Fees
Property Views
- Water
- Scenic Vista
Home Design
- Cottage
- Concrete Foundation
- Wood Frame Construction
- Shingle Roof
- Metal Roof
- Wood Siding
- Shingle Siding
- Concrete Perimeter Foundation
Interior Spaces
- 3,700 Sq Ft Home
- Wood Burning Fireplace
- Double Pane Windows
- Living Room with Fireplace
- Sun or Florida Room
- Screened Porch
Kitchen
- Eat-In Kitchen
- Stove
- Gas Range
- Microwave
- Dishwasher
- Granite Countertops
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Main Floor Bedroom
- En-Suite Primary Bedroom
- En-Suite Bathroom
- Walk-In Closet
- 4 Full Bathrooms
- Bathtub
- Shower Only
Laundry
- Laundry on main level
- Dryer
- Washer
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- Gravel Driveway
- Paved Parking
Outdoor Features
- Deeded Waterfront Access Rights
- Deep Water Access
- Docks
- Deck
- Outbuilding
Additional Homes
- Additional Residence on Property
Utilities
- Air Conditioning
- Multiple cooling system units
- Zoned Heating
- Heating System Uses Oil
- Heating System Uses Wood
- Radiant Heating System
- Baseboard Heating
- Generator Hookup
- Private Water Source
- Well
- Septic System
- Septic Design Available
- Private Sewer
- Internet Available
Listing and Financial Details
- Tax Lot 34
- Assessor Parcel Number JEFN-000034-000000-000034
Community Details
Overview
- Chimney Point Association Subdivision
Amenities
- Community Storage Space
Matterport 3D Tour
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 12, 2024
Closed on
Oct 18, 2024
Sold by
Pyne John and Pyne Sandra
Bought by
Laub Craig A and Laub Laura A
Seller's Agent
Deborah Fox
Legacy Properties Sotheby's International Realty
Buyer's Agent
Sara Rogers
Newcastle Realty
List Price
$2,000,000
Sold Price
$2,000,000
Views
40
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$191,141
Avg. Annual Appreciation
-7.78%
Original Mortgage
$1,400,000
Outstanding Balance
$1,381,106
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$427,753
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Laub Craig A | -- | None Available | |
| Laub Craig A | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Laub Craig A | $1,400,000 | |
| Closed | Laub Craig A | $1,400,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/18/2024 10/18/24 | Sold | $2,000,000 | 0.0% | $541 / Sq Ft |
| 08/27/2024 08/27/24 | Pending | -- | -- | -- |
| 07/12/2024 07/12/24 | For Sale | $2,000,000 | -- | $541 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $11,963 | $987,900 | $629,700 | $358,200 |
| 2023 | $11,177 | $681,500 | $434,300 | $247,200 |
| 2022 | $10,257 | $681,500 | $434,300 | $247,200 |
| 2021 | $9,814 | $681,500 | $434,300 | $247,200 |
| 2020 | $9,609 | $681,500 | $434,300 | $247,200 |
| 2019 | $8,996 | $681,500 | $434,300 | $247,200 |
| 2018 | $8,768 | $679,700 | $434,300 | $245,400 |
| 2017 | $8,653 | $678,700 | $434,300 | $244,400 |
| 2016 | $8,630 | $676,900 | $434,300 | $242,600 |
| 2015 | $8,428 | $674,200 | $434,300 | $239,900 |
| 2014 | $8,078 | $673,200 | $434,300 | $238,900 |
Source: Public Records
Agents Affiliated with this Home
-
Deborah Fox
-
Sara Rogers
S
Buyer's Agent in 2024
Sara Rogers
Newcastle Realty
(207) 380-7218
4 in this area
49 Total Sales
Map
Source: Maine Listings
MLS Number: 1596667
APN: JEFN-000034-000000-000034
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