NOT LISTED FOR SALE

38 Codman Island Rd Camden, ME 04843

Estimated Value: $1,067,000 - $1,226,000

3 Beds
1 Bath
838 Sq Ft
$1,340/Sq Ft Est. Value

Last Sold November 13, 2024

Last sale price $1,090,000 $1,301 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $7,421/month

29 Days on Market

Highlights

  • 511 Feet of Waterfront
  • Deck
  • Wood Flooring
  • Camden-Rockport Elementary School Rated A-
  • Wooded Lot
  • Cottage

About This Home

As of November 2024

Welcome to your serene lakeside retreat on coveted Megunticook Lake in Camden, Maine with 500+ feet of water frontage and more than 2 acres of land! Situated on a tree-lined, winding road, this charming cottage, nestled among lush woodlands, offers an idyllic escape from the everyday hustle. The property features a private dock, perfect for soaking in the water views or enjoying a morning coffee. There is also a very unique feature of an outcropping of flat rock by the edge of the shore making it a nice spot for additional seating. The home's rustic charm is highlighted by its A-frame design, expansive windows, and vaulted ceilings, allowing natural light to flood the open living space. The interior boasts warm wood paneling, a cozy wood stove, and a loft area that provides additional living space or a quiet reading nook.

The open-concept kitchen and dining area are perfect for entertaining or family gatherings. The cottage includes two bedrooms and a bath on the main level, an additional room in the basement as well as laundry and an open space which would make a nice home office, exercise room, game room or storage.

Step outside onto the wraparound deck, where you can enjoy outdoor dining or simply relax and take in the serene lake views. The property also features a charming hammock area under the shade of tall trees, perfect for lazy afternoons with a good book. The large, wooded lot provides plenty of privacy and a true sense of being immersed in nature.

Whether you're looking for a summer getaway or a year-round home, this lakeside cottage offers the perfect blend of comfort and nature. Enjoy swimming, kayaking, fishing, or simply unwind in the peaceful surroundings. Don't miss the opportunity to own a piece of paradise on Megunticook Lake, just minutes from downtown Camden and all the amenities this picturesque town has to offer.

Last Listed By

Alexandra Uhll

Camden Real Estate Company Brokerage Email: info@camdenre.com Listed on: 08/07/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,706

Year Built

  • Built in 1979

Lot Details

  • 2.2 Acre Lot
  • 511 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Dirt Road
  • Rural Setting
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Property is zoned Shoreland

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Cottage
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 838 Sq Ft Home
  • 1-Story Property
  • Living Room

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Finished Basement

  • Interior Basement Entry
  • Natural lighting in basement

Outdoor Features

  • Deck

Utilities

  • No Cooling
  • Heating System Uses Kerosene
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Well
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • Tax Lot 001
  • Assessor Parcel Number CAMD-000106-000001

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,706

Year Built

Built in 1979

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.2
  • Road Frontage Type: Private
  • Road Surface Type: Gravel
  • Water Body Name: Megunticook
  • Co List Office Mls Id: 1364
  • Co List Office Phone: 207-236-6171
  • MLS Status: Closed
  • Directions: Take Route 105 to Codman Island Rd. House is the first driveway on your left.
  • Above Grade Finished Sq Ft: 838.0
  • Architectural Style: Cottage
  • Garage Yn: No
  • Year Built: 1979
  • Attribution Contact: info@camdenre.com
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 2.2
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 838.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Basement:Daylight: Yes
  • Percent Basement Finished: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Washer: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Location Information:Association Fee: 300.0
  • Location Information:Fee Frequency Paid: Annually
  • Roads:Private: Yes
  • Water Heater:Electric2: Yes
  • Amenities:One-Floor Living: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Roof:Composition2: Yes
  • Exterior:Wood Siding: Yes
  • Heat Fuel:K-1Kerosene: Yes
  • Location:Rural: Yes
  • Water Info:Waterfront Amount -: 511.0
  • Water Info:Water Frontage Owned -: 511.0
  • Style:Cottage: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Site:RollingSloping: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • View:Scenic: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Electric Range, Dryer, Dishwasher
  • Has Basement: Daylight, Finished, Interior Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom, One-Floor Living
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Second
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First

Exterior Features

  • Lot Features: Rolling Slope, Wooded, Near Shopping, Near Town, Rural
  • View: Scenic
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Existing on Site
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 300.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 95832.0
  • Parcel #: CAMD-000106-000001
  • Zoning: Shoreland

Tax Info

  • Tax Annual Amount: 13706.0
  • Tax Book Number: 5469
  • Tax Lot: 001
  • Tax Map Number: 106
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2024
Closed on
Nov 13, 2024
Sold by
Kemble Sarah L
Bought by
Nisbet Matthew and Lisowski Kristina
Seller's Agent
Alexandra Uhll
Camden Real Estate Company
Buyer's Agent
Ken Twaddel
Camden Real Estate Company
List Price
$1,300,000
Sold Price
$1,090,000
Premium/Discount to List
-$210,000
-16.15%
Total Days on Market
29
Views
40
Current Estimated Value
$1,122,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,629
Avg. Annual Appreciation
42.38%
Original Mortgage
$817,500
Outstanding Balance
$815,905
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$466,465

Purchase Details

Closed on
Nov 8, 2017
Sold by
Kemble Eugenia
Bought by
Eugenia Kemble Ret

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
Nisbet Matthew $1,090,000 None Available
Nisbet Matthew $1,090,000 None Available
Eugenia Kemble Ret -- --
Eugenia Kemble Ret -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nisbet Matthew $817,500
Closed Nisbet Matthew $817,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2024 11/13/24 Sold $1,090,000 -16.2% $1,301 / Sq Ft
09/05/2024 09/05/24 Pending -- -- --
08/07/2024 08/07/24 For Sale $1,300,000 -- $1,551 / 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
2023 $13,706 $993,200 $882,500 $110,700
2022 $13,110 $993,200 $882,500 $110,700
2021 $10,831 $705,600 $618,900 $86,700
2020 $10,605 $705,600 $618,900 $86,700
2019 $10,520 $705,600 $618,900 $86,700
2018 $11,136 $748,400 $667,200 $81,200
2017 $10,762 $748,400 $667,200 $81,200
2016 $6,969 $447,000 $389,200 $57,800
2015 $6,763 $447,000 $389,200 $57,800
2014 $6,450 $447,000 $389,200 $57,800
2013 $6,276 $447,000 $389,200 $57,800
Source: Public Records

Agents Affiliated with this Home

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Source: Maine Listings

MLS Number: 1599554

Maine Listings

APN: CAMD-000106-000001