E
Seller's Agent in 2023
Eric Marko
Drum & Drum Real Estate Inc.
(207) 563-1772
3 in this area
8 Total Sales
38 Chase Farm Rd Newcastle, ME 04553
Estimated Value: $513,000 - $767,000
4
Beds
2.5
Baths
3,068
Sq Ft
$221/Sq Ft
Est. Value
Highlights
- Additional Residence on Property
- Water Views
- 10.8 Acre Lot
- Great Salt Bay Community School Rated A-
- Home fronts a pond
- Deck
About This Home
As of November 2023Escape To The Country! Architect-designed & built in 1988, this charming property's features just go on and on.. A serene, bucolic, Classic Maine location, down the road from the Sheepscot Historic District, lovely neighboring properties, extensive & tasteful updates including a new luxury kitchen, radiant floor heating, highly-efficient in-ceiling not-a-wall-wart heat pump splits in just about every room, ceiling fans, spacious & useful insulated attic space, a shower you won't want to ever leave, all on 10.8 acres of nature that neighbors Midcoast Conservancy-owned land. Astronomers may want to restore the old observatory on site! If all that isn't enough, there's also currently-rented income property in the form of an 816 square-foot separate Guest House well-screened from the Main House at the front edge of the property. If it weren't for the monthly checks, you'd hardly know they're there. 13 minutes to Hannaford, 11 minutes to Main Street Grocery & Rising Tide Co-op, 9 minutes to Newcastle Publick House, 10 minutes to Schooner Landing and downtown Damariscotta. 8 minutes to the Alna Store. 10 minutes to Red's Eats in Wiscasset. You'll be close to it all while being away from it all.
Also listed as Multi-Family, MLS# 1572952
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,716
Year Built
- Built in 1988
Lot Details
- 10.8 Acre Lot
- Home fronts a pond
- Rural Setting
- Level Lot
- Wooded Lot
- Property is zoned 15 D1 Rural
Property Views
- Water
- Scenic Vista
- Woods
Home Design
- Post and Beam
- Block Foundation
- Wood Frame Construction
- Composition Roof
- Shingle Siding
- Masonry
Interior Spaces
- 3,068 Sq Ft Home
- Built-In Features
- Ceiling Fan
- Wood Burning Fireplace
- Double Pane Windows
- Great Room
- Attic
Kitchen
- Eat-In Kitchen
- Gas Range
- Microwave
- Dishwasher
- Granite Countertops
- Butcher Block Countertops
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary bedroom located on second floor
- In-Law or Guest Suite
- Bathtub
- Shower Only
Laundry
- Laundry on upper level
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Parking
- Gravel Driveway
- On-Site Parking
Outdoor Features
- Deck
- Outbuilding
Additional Homes
- Additional Residence on Property
Utilities
- Cooling Available
- Zoned Heating
- Heating System Uses Oil
- Heat Pump System
- Radiant Heating System
- Hot Water Heating System
- Programmable Thermostat
- Generator Hookup
- Private Water Source
- Well
- High-Efficiency Water Heater
- Septic System
- Septic Design Available
- Internet Available
Listing and Financial Details
- Legal Lot and Block 00B / 049
- Assessor Parcel Number NEWC-000004-000000-000049-B000000
Community Details
Overview
- No Home Owners Association
- Near Conservation Area
Amenities
- Community Storage Space
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 28, 2023
Closed on
Nov 9, 2023
Sold by
Mattes Brennan K and Mattes Robert F
Bought by
Farrell Christopher W and Genung Karoline E
Seller's Agent
Eric Marko
Drum & Drum Real Estate Inc.
Buyer's Agent
Bruce LaVerdiere
LAER
List Price
$650,000
Sold Price
$650,000
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
$27,151
Avg. Annual Appreciation
2.05%
Original Mortgage
$520,000
Outstanding Balance
$509,409
Interest Rate
6.68%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$167,742
Purchase Details
Listed on
Mar 6, 2017
Closed on
May 3, 2017
Sold by
Martin Marie T and Arnold Max A
Bought by
Leyendecker Brennan K and Mattes Robert F
Seller's Agent
Thomas Kennedy
Portside Real Estate Group
Buyer's Agent
Thomas Kennedy
Portside Real Estate Group
List Price
$299,000
Sold Price
$245,000
Premium/Discount to List
-$54,000
-18.06%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.04%
Original Mortgage
$196,000
Interest Rate
4.23%
Mortgage Type
New Conventional
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 |
|---|---|---|---|
| Farrell Christopher W | $650,000 | None Available | |
| Leyendecker Brennan K | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Farrell Christopher W | $520,000 | |
| Previous Owner | Leyendecker Brennan K | $196,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/20/2023 11/20/23 | Sold | $650,000 | 0.0% | $212 / Sq Ft | |
| 10/05/2023 10/05/23 | Pending | -- | -- | -- | |
| 09/28/2023 09/28/23 | For Sale | $650,000 | +165.3% | $212 / Sq Ft | |
| 05/01/2017 05/01/17 | Sold | $245,000 | -18.1% | $136 / Sq Ft | View Prior Sale |
| 03/06/2017 03/06/17 | For Sale | $299,000 | -- | $166 / Sq Ft | |
| 03/04/2017 03/04/17 | Pending | -- | -- | -- |
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 | $7,045 | $518,000 | $92,200 | $425,800 |
| 2023 | $4,746 | $296,600 | $66,000 | $230,600 |
| 2022 | $4,716 | $296,600 | $66,000 | $230,600 |
| 2021 | $4,538 | $296,600 | $66,000 | $230,600 |
| 2020 | $4,317 | $241,200 | $76,000 | $165,200 |
| 2019 | $4,317 | $241,200 | $76,000 | $165,200 |
| 2018 | $4,317 | $241,200 | $76,000 | $165,200 |
| 2017 | $4,354 | $241,200 | $76,000 | $165,200 |
| 2016 | $4,328 | $239,800 | $74,600 | $165,200 |
| 2015 | $4,328 | $239,800 | $74,600 | $165,200 |
| 2013 | $3,813 | $239,800 | $74,600 | $165,200 |
Source: Public Records
Agents Affiliated with this Home
-
Eric Marko
-
Bruce LaVerdiere
B
Buyer's Agent in 2023
Bruce LaVerdiere
LAER
(207) 692-3908
1 in this area
46 Total Sales
-
T
Seller's Agent in 2017
Thomas Kennedy
Portside Real Estate Group
-
A
Seller Co-Listing Agent in 2017
Adam Nelson
Portside Real Estate Group
Map
Source: Maine Listings
MLS Number: 1572951
APN: NEWC-000004-000000-000049-B000000
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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