NOT LISTED FOR SALE

311 River Rd Edgecomb, ME 04556

Estimated Value: $540,000 - $588,000

4 Beds
1 Bath
1,625 Sq Ft
$348/Sq Ft Est. Value

Last Sold July 01, 2020

Last sale price $340,000 $209 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $3,423/month

3 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 9.95 Acre Lot
  • Wood Flooring
  • 175 Feet of Waterfront
  • Cape Cod Architecture
  • Main Floor Bedroom

About This Home

As of July 2020

Properties like this don't come on the market very often...and there's a reason for that. This salt water farm has served this family well for more than half a century. Perched on the hill overlooking nearly 10 acres, this classic New England cape oversees expansive fields, abundant wildlife and a swift moving stream leading down to an unobstructed view of Salt Marsh Cove on the Damariscotta River. The waterfront is well protected and perfect for a swim on a hot summer day or for launching a couple kayaks to explore the area shoreline. Two outbuildings offer a multitude of possibilities for whatever vision you might bring to this unique mid-coast Maine property. The Dodge Point Preserve is just down the road, a 10 minute drive gets you to the twin villages of Newcastle and Damariscotta where you'll find shopping and restaurants, and just 15 minutes to the south puts you in down-town Boothbay Harbor. Don't let another 50 years pass you by before this property is on the market again!

Last Agent to Sell the Property

Tyson Soule

Vitalius Real Estate Group, LLC Brokerage Phone: 8886998876 Listed on: 05/17/2020

Last Buyer's Agent

Joi Kressbach

Portside Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,984

Year Built

  • Built in 1850

Lot Details

  • 9.95 Acre Lot
  • 175 Feet of Waterfront
  • Ocean Front
  • River Front
  • Rural Setting
  • Level Lot
  • Open Lot
  • Property is zoned Res/Shoreland

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • 1,625 Sq Ft Home
  • Cape Cod Architecture
  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Fiberglass Roof
  • Wood Siding
  • Clap Board Siding
  • Clapboard

Kitchen

  • Gas Range
  • Formica Countertops

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom
  • Bathtub
  • Shower Only

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Deeded Waterfront Access Rights
  • Access to Tidal Water
  • Property Near A Cove
  • Shed
  • Outbuilding

Utilities

  • No Cooling
  • Radiator
  • Heating System Uses Oil
  • Heating System Uses Steam
  • Generator Hookup
  • Power Generator
  • Private Water Source
  • Well
  • Septic System
  • Private Sewer
  • High Speed Internet
  • Internet Available

Additional Features

  • Laundry on main level
  • Pasture

Community Details

  • No Home Owners Association
  • Community Storage Space

Listing and Financial Details

  • Tax Lot 39
  • Assessor Parcel Number 311RiverRoadEdgecomb04556

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,984

Year Built

Built in 1850

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 9.95
  • Road Surface Type: Paved
  • Water Body Name: Salt Marsh Cove/Damariscotta River
  • MLS Status: Closed
  • Directions: From US Route 1 north to right on Route 27 toward Boothbay Harbor, to left on McKay Road. At the end of McKay Road, take a left onto River Road. Property is on right.
  • Above Grade Finished Sq Ft: 1625.0
  • Architectural Style: Cape
  • Garage Yn: Yes
  • Year Built: 1850
  • Attribution Contact: 8886998876
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 9.95
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 1625.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 1.0
  • Amenities:Shower: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:BrickMortar2: Yes
  • Foundation Materials:Stone: Yes
  • Exterior:Clapboard: Yes
  • Exterior:Wood Siding: Yes
  • Heat System:Steam: Yes
  • Amenities:Bathtub: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Property Information:Short Sale Continue to Show: No
  • Location:Rural: Yes
  • Water Info:Waterfront Amount -: 175.0
  • Water Info:Water Frontage Owned -: 175.0
  • Recreational Water:Deeded: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Equipment:Internet Access Available: Yes
  • Appliances Included:Gas Range: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Kitchen Countertop:Formica: Yes
  • View:Scenic: Yes
  • Recreational Water:Waterfront Tidal: Yes
  • Site:PastureField: Yes
  • Equipment:Generator: Yes
  • Heat System:Radiator: Yes
  • Electric:Generator Hookup: Yes
  • Equipment:DSL: Yes
  • Roof:Fiberglass: Yes
  • Other Structures:Shed: Yes
  • Other Structures:Out Building: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Gas Range
  • Has Basement: Walk-Out Access, Full, Interior Entry, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom, Bathtub, Pantry, Shower, Storage
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Right of Way, Pasture, Rural
  • View: Scenic
  • Waterfront Features: Cove, Ocean, River
  • Waterfront: Yes
  • Construction Type: Wood Siding, Clapboard, Wood Frame
  • Foundation Details: Stone, Brick/Mortar
  • Other Structures: Outbuilding, Shed(s)
  • Roof: Fiberglass, Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: 1 - 4 Spaces, Gravel, Detached

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Steam, Radiator
  • Heating Yn: Yes
  • Electric: Generator Hookup, Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 433422.0
  • Parcel #: 311RiverRoadEdgecomb04556
  • Zoning: Res/Shoreland

Tax Info

  • Tax Annual Amount: 3984.0
  • Tax Book Number: 623
  • Tax Lot: 39
  • Tax Map Number: R05
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2020
Closed on
Jun 26, 2020
Sold by
Dean Elizabeth V
Bought by
Haas Philip M and Woodworth Kelsey M
Seller's Agent
Tyson Soule
Vitalius Real Estate Group, LLC
Buyer's Agent
Joi Kressbach
Portside Real Estate Group
List Price
$335,000
Sold Price
$340,000
Premium/Discount to List
$5,000
1.49%
Current Estimated Value
$565,073

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,073
Avg. Annual Appreciation
9.30%
Original Mortgage
$305,966
Outstanding Balance
$274,782
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$267,612

Purchase Details

Closed on
Aug 13, 2013
Sold by
Dean Elizabeth V
Bought by
Yalouris Eleutherios and Karney Charlotte E
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Haas Philip M -- None Available
Yalouris Eleutherios -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haas Philip M $305,966
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2020 07/01/20 Sold $340,000 +1.5% $209 / Sq Ft
05/21/2020 05/21/20 Pending -- -- --
05/17/2020 05/17/20 For Sale $335,000 -- $206 / 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 $5,127 $233,268 $143,787 $89,481
2023 $3,896 $233,268 $143,787 $89,481
2022 $3,767 $233,268 $143,787 $89,481
2021 $4,071 $233,268 $143,787 $89,481
2020 $4,185 $233,268 $143,787 $89,481
2019 $4,337 $233,555 $144,074 $89,481
2018 $3,994 $233,555 $144,074 $89,481
2017 $3,919 $233,555 $144,074 $89,481
2015 $3,550 $233,555 $144,074 $89,481
2013 $3,080 $234,256 $144,775 $89,481
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1452528

Maine Listings

APN: EDGE-000005R-000000-000039