NOT LISTED FOR SALE

331 Mills Rd Newcastle, ME 04553

Estimated Value: $541,649 - $615,000

3 Beds
2 Baths
1,662 Sq Ft
$344/Sq Ft Est. Value

Sale Details

Date Sold: December 7, 2016

Last sale price $289,000 $174 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $3,592 / mo

518 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 443 Feet of Waterfront
  • Saltbox Architecture
  • Great Salt Bay Community School Rated A
  • Deck
  • Cathedral Ceiling

About This Home

As of December 2016

Panoramic views of Great Salt Bay from almost every window in this up-to-date, year-round saltbox on 1 acre with a generous 443 ft of saltwater frontage. Over $75,000 in improvements since 2009! 7 minutes drive from Damariscotta center. Restore the old float dock & enjoy great fishing, bird watching, or cruising down to Damariscotta for lunch.

Last Agent to Sell the Property

John Kennedy

Drum & Drum Real Estate Inc. Listed on: 07/27/2015

Last Buyer's Agent

Thomas Kennedy

Portside Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,914

Year Built

  • Built in 1993

Lot Details

  • 1 Acre Lot
  • 443 Feet of Waterfront
  • Ocean Front
  • Property Fronts a Bay or Harbor
  • River Front
  • Fenced
  • Landscaped
  • Level Lot
  • Open Lot
  • Property is zoned DB shoreland

Parking

  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Saltbox Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Composite Building Materials

Interior Spaces

  • 1,662 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Double Pane Windows
  • Living Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • Deeded Waterfront Access Rights
  • Access to Tidal Water
  • Deck
  • Shed
  • Outbuilding
  • Porch

Location

  • Property is near shops

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Forced Air Zoned Heating System
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Private Water Source
  • Well
  • Oil Water Heater
  • Septic System
  • High Speed Internet
  • Satellite Dish

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 37
  • Assessor Parcel Number 514

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,914

Year Built

Built in 1993

Lot Details

1 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.0
  • Road Surface Type: Paved
  • Water Body Name: Great Salt Bay
  • MLS Status: Closed
  • Directions: From Main street Damariscotta, take route 215 north 1.5 miles. Property is on the right.
  • Above Grade Finished Sq Ft: 1662.0
  • Architectural Style: Saltbox
  • Efficiency: Double Pane Windows
  • Year Built: 1993
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 173.89
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.0
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1662.0
  • Site:Level: 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
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Fence: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Kitchen Countertop:Granite: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Full Bath7: Yes
  • Roof:Composition2: Yes
  • Heat System:Multi-Zones: Yes
  • Appliances Included:Cooktop: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Recreational Water:Oceanfront: Yes
  • Kitchen Amenities:Skylight20: Yes
  • Living Room Amenities:Wood Burning Fireplace14: Yes
  • Water Info:Waterfront Amount -: 443.0
  • Water Info:Water Frontage Owned -: 443.0
  • Recreational Water:Deeded: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Property Information:Deed Restrictions: Unknown
  • Appliances Included:Gas Range: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Water Heater:Oil2: Yes
  • Equipment:Satellite Dish: Yes
  • Energy Efficiency:Ceiling Fans: Yes
  • Kitchen Amenities:Cathedral Ceiling6: Yes
  • View:Scenic: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Recreational Water:Waterfront Tidal: Yes
  • Water Heater:Tank: Yes
  • Equipment:DSL: Yes
  • Style:Saltbox: Yes
  • Cooling:AC Units: Yes
  • Primary Bedroom Amenities:LaundryLaundry Hook-up6: Yes
  • Other Structures:Shed: Yes
  • Other Structures:Out Building: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Gas Range, Dryer, Dishwasher, Cooktop
  • Has Basement: Walk-Out Access, Daylight, Finished, Full
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Bedroom, Primary Bedroom w/Bath
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: Basement
  • Primary Bedroom Primary Bedroom Level: First
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Fencing: Fenced
  • Lot Features: Level, Open Lot, Landscaped, Near Shopping
  • View: Scenic
  • Waterfront Features: Bay, Ocean, River
  • Waterfront: Yes
  • Construction Type: Shingle Siding, Composition, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding, Shed(s)
  • Patio And Porch Features: Deck, Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: A/C Units, Multi Units
  • Cooling Y N: Yes
  • Heating: Multi-Zones, Hot Water, Forced Air, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • 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: 43560.0
  • Parcel #: 514
  • Zoning: DB shoreland

Tax Info

  • Tax Annual Amount: 4914.0
  • Tax Lot: 37
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 4, 2009
Sold by
Terenzi Donna M
Bought by
Kerbawy Daniel D and Kerbawy Lillian
Current Estimated Value
$570,912
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kerbawy Daniel D -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2016 12/07/16 Sold $289,000 -17.2% $174 / Sq Ft
10/14/2016 10/14/16 Pending -- -- --
05/14/2015 05/14/15 For Sale $349,000 -- $210 / Sq Ft
Source: Maine Listings

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
2025 $6,778 $474,000 $300,000 $174,000
2024 $6,446 $474,000 $300,000 $174,000
2023 $5,694 $355,900 $220,000 $135,900
2022 $5,659 $355,900 $220,000 $135,900
2021 $5,445 $355,900 $220,000 $135,900
2020 $1,916 $291,900 $190,000 $101,900
2019 $1,784 $291,900 $190,000 $101,900
2018 $2,916 $291,900 $190,000 $101,900
2017 $5,269 $291,900 $190,000 $101,900
2016 $5,269 $291,900 $190,000 $101,900
2015 $5,269 $291,900 $190,000 $101,900
2013 $4,641 $291,900 $190,000 $101,900
Source: Public Records

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Map

Source: Maine Listings

MLS Number: 1216209

Maine Listings

APN: NEWC-000007-000000-000037

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