NOT LISTED FOR SALE

36 Cove Ln Damariscotta, ME 04543

Estimated Value: $376,000 - $497,000

3 Beds
1 Bath
896 Sq Ft
$512/Sq Ft Est. Value

Last Sold July 24, 2024

Last sale price $450,000 $502 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,809/month

4 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 75 Feet of Waterfront
  • Deck
  • Great Salt Bay Community School Rated A-
  • Home fronts a pond
  • Wooded Lot

About This Home

As of July 2024

A small slice of freshwater paradise! Meticulously maintained and updated, this furnished seasonal cottage with 75 feet of private shorefront on Pemaquid Pond is a great spot to enjoy all that Maine's freshwater has to offer. Grandfathered footprint just a stone's toss from the shore. So close, you can fish off the back deck or take in the panoramic freshwater sunrise and sunset views. Major updates include pre-stained cedar shingle exterior siding and new roof. This property has been in the same family for over 65 years. Pemaquid Pond is 1,515 acres of pristine fresh water with a maximum depth of up to 61 feet and principal fishery of brown trout, smallmouth bass, white perch and pickerel. Launch a kayak or paddleboard conveniently from the back yard, or a public boat launch is located just a short drive away at the north end of the pond, adjacent to US-1. Just a short drive to all the wonderful shops and restaurants of lively downtown Damariscotta. **No drive bys please.**

Last Agent to Sell the Property

Stephanie Branch

Legacy Properties Sotheby's International Realty Listed on: 07/03/2024

Legacy Properties Sotheby's International Realty

Last Buyer's Agent

Linda Painter

Legacy Properties Sotheby's International Realty

Legacy Properties Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,039

Year Built

  • Built in 1950

Lot Details

  • 7,405 Sq Ft Lot
  • Home fronts a pond
  • Home fronts a stream
  • 75 Feet of Waterfront
  • Road Access Is Seasonal
  • Dirt Road
  • Street terminates at a dead end
  • Rural Setting
  • Seasonal Access to Property
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Property is zoned Shoreland - R

HOA Fees

  • $13 Monthly HOA Fees

Property Views

  • Water
  • Scenic Vista
  • Woods

Home Design

  • Cottage
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Shingle Siding

Interior Spaces

  • 896 Sq Ft Home
  • Wood Burning Fireplace
  • Fireplace Features Blower Fan
  • Living Room with Fireplace
  • Wood Flooring

Kitchen

  • Electric Range
  • Formica Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom
  • Shower Only

Parking

  • Gravel Driveway
  • On-Site Parking

Outdoor Features

  • Deeded Waterfront Access Rights
  • Deck
  • Porch

Utilities

  • No Cooling
  • Heating System Uses Wood
  • Natural Gas Not Available
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic System
  • Private Sewer

Community Details

  • Fire Roads 575 575A Homeowners’ Association Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Tax Lot 009
  • Assessor Parcel Number DAMA-000018-000000-000009

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,039

Year Built

Built in 1950

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Road Surface Type: Gravel
  • Water Body Name: Pemaquid Pond
  • MLS Status: Closed
  • Subdivision Name: Fire Roads 575-575A Homeowners’ Association
  • Directions: From US-1 N, turn right onto Back Meadow Rd. for 0.9 miles. Turn left onto Egypt Rd. for 0.5 miles. Turn left onto Willow Ln. for 0.2 miles. Veer left onto Cove Ln. then keep right and the property with sign will be on your left. **No drive bys please.**
  • Above Grade Finished Sq Ft: 896.0
  • Architectural Style: Cottage
  • Garage Yn: No
  • Year Built: 1950
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: Yes
  • Property Information:Lot Size Acres -: 0.17
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 896.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Appliances Included:Electric Range: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Location Information:Association Fee: 150.0
  • Location Information:Fee Frequency Paid: Annually
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Shower: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Parking:On Site2: Yes
  • Foundation Materials:PillarPostPier: Yes
  • Sewer:Private Sewer: Yes
  • Heat Fuel:Wood2: Yes
  • Living Room Amenities:Wood Burning Fireplace14: Yes
  • Room Features:Wood Burning Fireplace29: Yes
  • Location:Rural: Yes
  • Roads:Dead End: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 75.0
  • Water Info:Water Frontage Owned -: 75.0
  • Recreational Water:Deeded: Yes
  • Style:Cottage: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Site:RollingSloping: Yes
  • Property Information:Deed Restrictions: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Kitchen Countertop:Formica: Yes
  • View:Scenic: Yes
  • Heat System:Blowers: Yes
  • Roads:Seasonal3: Yes
  • Heat System:No Heat System: 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: None, Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Bedroom, Shower
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Rolling Slope, Wooded, Near Shopping, Near Town, Rural
  • View: Scenic, Trees/Woods
  • Waterfront Features: Brook, Pond
  • Waterfront: Yes
  • Construction Type: Shingle Siding, Wood Frame
  • Foundation Details: Pillar/Post/Pier
  • 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, On Site

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: No Heat System, Blowers
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association Fee: 150.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7405.2
  • Parcel #: DAMA-000018-000000-000009
  • Zoning: Shoreland - R

Tax Info

  • Tax Annual Amount: 3039.23
  • Tax Book Number: 4173
  • Tax Lot: 009
  • Tax Map Number: 018
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2009
Sold by
Sylvester Susan and Macone Susan
Bought by
Susan Macone Lt
Current Estimated Value
$458,333
Source: Public Records

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 Buyer Sale Price Title Company
Susan Macone Lt -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2024 07/24/24 Sold $450,000 0.0% $502 / Sq Ft
07/08/2024 07/08/24 Pending -- -- --
07/03/2024 07/03/24 For Sale $450,000 -- $502 / 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 $3,593 $194,200 $139,400 $54,800
2023 $3,039 $194,200 $139,400 $54,800
2022 $2,712 $162,900 $117,100 $45,800
2021 $2,590 $162,900 $117,100 $45,800
2020 $2,606 $162,900 $117,100 $45,800
2019 $1,729 $162,900 $117,100 $45,800
2018 $2,191 $162,900 $117,100 $45,800
2017 $2,206 $162,900 $117,100 $45,800
2016 $2,805 $162,900 $117,100 $45,800
2015 $2,779 $162,900 $117,100 $45,800
2014 $2,574 $162,900 $117,100 $45,800
2013 $2,460 $162,900 $117,100 $45,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1595689

Maine Listings

APN: DAMA-000018-000000-000009