NOT LISTED FOR SALE

354 Durham Bridge Rd Newport, ME 04953

Estimated Value: $194,000 - $620,412

5 Beds
3 Baths
2,177 Sq Ft
$185/Sq Ft Est. Value

Last Sold September 01, 2021

Last sale price $575,000 $264 Per Sq Ft

Est. 30% decrease in value since last sale

Current estimated payment $2,820/month

3 Days on Market

Highlights

  • Additional Residence on Property
  • 227 Feet of Waterfront
  • Deck
  • Deeded Waterfront Access Rights
  • Docks
  • Wooded Lot

About This Home

As of September 2021

The Loon calls and he is saying ''Life is better at the Lake''! Year round living is just one of the perks in this beautiful Post and Beam lakeside home and cottage on the eastside of Sebasticook Lake. Over 1 acre and 227 feet of frontage on the lake PLUS a guest cottage perfect for visitors or potential rental income (think Air BNB). Meticulously maintained and move in ready, the seller has done many updates over 20 years of ownership including remodeled kitchen, baths, engineered hardwood flooring and tiled kitchen and baths, added in-law or guest suite, perennial gardens galore, stone patios, 2 dock systems and more. Large 2 car attached garage with overhead storage allows plenty of room for boats and toys.
Exposed beamed vaulted ceilings, combined with an open floor plan offer friendly open spaces inside and out. Walk out to three stone patios above an open backyard that gently slopes to the lake. Two pebble beaches and docks.
The 2 BR, 3-season knotty pine cottage provides Air BNB potential or room for guests. Great rental income potential
Relax lakeside by the massive firepit and listen to the loons calling while enjoying the western sunset. This is a 4-season property that offers it all; swimming, fishing, boating, snow mobiling, ice fishing, skating.
Sebasticook Lake boasts some of the best bass fishing in the area. Centrally located with easy access to Newport, Bangor, Waterville.
(Bedroom and bath count are both home and cabin combined)

Last Agent to Sell the Property

Linda Gardiner

Better Homes & Gardens Real Estate/The Masiello Group Brokerage Email: lindagardiner@masiello.com Listed on: 07/01/2021

Better Homes & Gardens Real Estate/The Masiello Group

Last Buyer's Agent

Ian Duggan

Rob Williams Real Estate Brokers

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,091

Year Built

  • Built in 1991

Lot Details

  • 1.16 Acre Lot
  • 227 Feet of Waterfront
  • Lake Front
  • Rural Setting
  • Landscaped
  • Level Lot
  • Wooded Lot
  • Property is zoned Shoreland

Parking

  • 2 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Driveway

Property Views

  • Water
  • Scenic Vista
  • Woods

Home Design

  • Saltbox Architecture
  • Camp Architecture
  • Concrete Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 2,177 Sq Ft Home
  • Cathedral Ceiling
  • Skylights
  • Double Pane Windows
  • Family Room
  • Living Room
  • Formal Dining Room
  • Home Security System

Kitchen

  • Stove
  • Gas Range
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deeded Waterfront Access Rights
  • Docks
  • Deck
  • Porch

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Propane
  • Radiant Heating System
  • Heating System Mounted To A Wall or Window
  • Hot Water Heating System
  • Generator Hookup
  • Power Generator
  • Private Water Source
  • Well
  • Gas Water Heater
  • Septic System
  • Private Sewer
  • Internet Available
  • Satellite Dish

Additional Features

  • Accessible Approach with Ramp
  • Additional Residence on Property

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number NEPT-000029-000000-000001

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,091

Year Built

Built in 1991

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.16
  • Road Surface Type: Paved
  • Water Body Name: Sebasticook
  • MLS Status: Closed
  • Directions: Take RT 100/2 east from Newport, bear left onto Old Bangor RD, left on to Stetson RD, left on to Durham Bridge RD , house on left after bridge
  • Above Grade Finished Sq Ft: 2177.0
  • Architectural Style: Camp, Saltbox
  • Garage Yn: Yes
  • Efficiency: Double Pane Windows
  • Year Built: 1991
  • Attribution Contact: lindagardiner@masiello.com
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.16
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2177.0
  • 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
  • Roof:Shingle: Yes
  • Heat System:Hot Water: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Water Heater:Gas: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Amenities:Security System: Yes
  • Property Information:Garage Spaces: 2.0
  • Kitchen Countertop:Granite: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Amenities:Walk-in Closets: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Kitchen Amenities:Island: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Walk-in Closet6: Yes
  • Room Features:Island2: Yes
  • Room Features:Walk-in Closet17: Yes
  • Exterior:Clapboard: Yes
  • Heat System:Multi-Zones: Yes
  • Heat System:Radiant: Yes
  • Parking:On Site2: Yes
  • Amenities:Bathtub: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Property Information:Short Sale Continue to Show: No
  • Basement:Slab2: Yes
  • Living Room Amenities:Skylight31: Yes
  • Room Features:Skylight32: Yes
  • Location:Rural: Yes
  • Water Info:Waterfront Amount -: 227.0
  • Water Info:Water Frontage Owned -: 227.0
  • Recreational Water:Deeded: Yes
  • Water:Private2: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Equipment:Internet Access Available: Yes
  • Style:Camp: Yes
  • Family Room:Family Room: Yes
  • Appliances Included:Gas Range: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Equipment:Satellite Dish: Yes
  • Vehicle Storage:Storage Above: Yes
  • Living Room Amenities:Cathedral Ceiling5: Yes
  • Room Features:Cathedral Ceiling29: Yes
  • Room Features:Heat Stove29: Yes
  • View:Scenic: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Heat System:Direct Vent Heater: Yes
  • Equipment:Generator: Yes
  • Electric:Generator Hookup: Yes
  • Amenities:In-Law Apartment: Yes
  • Accessibilitiy Amenities:Ramped Main Level: Yes
  • Recreational Water:Dock: Yes
  • Living Room Amenities:Heat Stove5: Yes
  • Primary Bedroom Amenities:Cathedral Ceiling4: Yes
  • Style:Saltbox: Yes
  • Room Features:Vaulted Ceiling29: Yes
  • Bedroom Amenities 2:Walk-in Closet2: Yes
  • Dining Room Amenities:Formal: Yes
  • Bedroom Amenities 2:Vaulted Ceiling2: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information 2 Detached Houses on 1 Lot: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Gas Range, Dryer, Dishwasher
  • Accessibility Features: Accessible Approach with Ramp
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace: No
  • Interior Amenities: Walk-in Closets, 1st Floor Bedroom, Bathtub, In-Law Floorplan, Primary Bedroom w/Bath
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: First
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: Second

Exterior Features

  • Lot Features: Level, Landscaped, Wooded, Rural
  • View: Scenic, Trees/Woods
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Clapboard, Wood Frame
  • Foundation Details: Concrete Perimeter, Slab
  • Patio And Porch Features: Deck, Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Paved, On Site, Garage Door Opener, Inside Entrance, Storage

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Security: Security System
  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove, Radiant, Multi-Zones, Hot Water, Direct Vent Heater
  • Heating Yn: Yes
  • Electric: Generator Hookup, Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 50529.6
  • Parcel #: NEPT-000029-000000-000001
  • Zoning: Shoreland

Tax Info

  • Tax Annual Amount: 6091.0
  • Tax Book Number: 8237
  • Tax Lot: 1
  • Tax Map Number: 29
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2021
Closed on
Sep 1, 2021
Sold by
Karlsson Julia A
Bought by
Verstandig Maurice B and Katz-Aaronson Lindsay M
Seller's Agent
Linda Gardiner
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Ian Duggan
Rob Williams Real Estate Brokers
List Price
$580,000
Sold Price
$575,000
Premium/Discount to List
-$5,000
-0.86%
Current Estimated Value
$403,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$171,529
Avg. Annual Appreciation
-4.39%
Original Mortgage
$230,000
Outstanding Balance
$211,830
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$269,124
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Verstandig Maurice B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Verstandig Maurice B $230,000
Previous Owner Karlsson Julia A $280,000
Previous Owner Karlsson Julia $320,300
Previous Owner Karlsson Julia $75,000
Previous Owner Karlsson Gudbjorn A $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2021 09/01/21 Sold $575,000 -0.9% $264 / Sq Ft
07/05/2021 07/05/21 Pending -- -- --
07/01/2021 07/01/21 For Sale $580,000 -- $266 / 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 $7,464 $426,500 $175,300 $251,200
2023 $6,500 $398,800 $163,900 $234,900
2022 $6,178 $315,200 $129,500 $185,700
2021 $6,207 $301,300 $123,800 $177,500
2020 $6,091 $295,700 $121,500 $174,200
2019 $5,943 $279,000 $114,600 $164,400
2018 $5,943 $279,000 $114,600 $164,400
2017 $5,580 $279,000 $114,600 $164,400
2016 $5,413 $279,000 $114,600 $164,400
2015 $4,994 $279,000 $114,600 $164,400
2014 $4,830 $280,800 $114,600 $166,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1498896

Maine Listings

APN: NEPT-000029-000000-000001