NOT LISTED FOR SALE

38 Cove Ln Damariscotta, ME 04543

Estimated Value: $248,000 - $506,790

3 Beds
1 Bath
750 Sq Ft
$568/Sq Ft Est. Value

Last Sold September 07, 2018

Last sale price $282,200 $376 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $2,756/month

Highlights

  • Deeded Waterfront Access Rights
  • 126 Feet of Waterfront
  • Wooded Lot
  • Great Salt Bay Community School Rated A-
  • Docks
  • Wood Flooring

About This Home

As of September 2018

Absolutely charming 1930's cottage on Pemaquid Lake ideal as a vacation getaway or seasonal rental property. Deep water frontage lends itself to swimming, boating and fishing. Recently upgraded septic system and roof. This is the cottage one imagines when they think of the classic Maine cottage on a Lake.

Last Agent to Sell the Property

Miles Geisler

Legacy Properties Sotheby's International Realty Listed on: 08/01/2018

Legacy Properties Sotheby's International Realty

Last Buyer's Agent

Meriwether Gill

Better Homes & Gardens Real Estate/The Masiello Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,499

Year Built

  • Built in 1930

Lot Details

  • 0.29 Acre Lot
  • 126 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • 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

Parking

  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista
  • Woods

Home Design

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

Interior Spaces

  • 750 Sq Ft Home
  • 1 Fireplace
  • Living Room
  • Bonus Room
  • Screened Porch
  • Wood Flooring

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Deeded Waterfront Access Rights
  • Docks
  • Outbuilding

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Heating System Mounted To A Wall or Window
  • Private Water Source
  • The lake is a source of water for the property
  • Seasonal Water
  • Electric Water Heater
  • Septic System
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 38Covelanedamariscottame04543

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,499

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.29
  • Road Frontage Type: Private
  • Road Surface Type: Gravel
  • Water Body Name: Pemaquid Lake
  • MLS Status: Closed
  • Directions: Take Biscay Rd. from Damariscotta, left onto Standpipe Rd. Bear right onto Egypt Rd., right onto Willow Rd. and left onto Cove Ln.
  • Above Grade Finished Sq Ft: 750.0
  • Architectural Style: Cottage
  • Garage Yn: No
  • Year Built: 1930
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 0.29
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 750.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Roads:Private: Yes
  • Water Heater:Electric2: Yes
  • Living Room:Living Room: Yes
  • Roof:Composition2: Yes
  • Bonus Room:Bonus Room: Yes
  • Foundation Materials:PillarPostPier: Yes
  • Sewer:Private Sewer: Yes
  • Heat Fuel:Wood2: Yes
  • Location:Rural: Yes
  • Roads:Dead End: Yes
  • Water Info:Waterfront Amount -: 126.0
  • Water Info:Water Frontage Owned -: 126.0
  • Recreational Water:Deeded: Yes
  • Style:Cottage: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Site:RollingSloping: Yes
  • Sewer:Septic Existing on Site: Yes
  • View:Scenic: Yes
  • Heat System:Direct Vent Heater: Yes
  • Recreational Water:Dock: Yes
  • Water:Seasonal4: Yes
  • Roads:Seasonal3: Yes
  • Other Structures:Out Building: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Microwave, Electric Range
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Bedroom
  • Bedroom 2 Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First

Exterior Features

  • Lot Features: Rolling Slope, Wooded, Rural
  • View: Scenic, Trees/Woods
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Log Siding, Wood Frame
  • Foundation Details: Pillar/Post/Pier
  • Other Structures: Outbuilding
  • Patio And Porch Features: Porch, Screened
  • Exterior:Log Siding: Yes
  • Patio and Porch Features:Porch: Yes

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Water Source: Private, Seasonal, Lake Drawn

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 12632.4
  • Parcel #: 38Covelanedamariscottame04543
  • Zoning: Shoreland

Tax Info

  • Tax Annual Amount: 3499.0
  • Tax Book Number: 3413
  • Tax Lot: 8
  • Tax Map Number: 018
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2018
Closed on
Sep 10, 2018
Sold by
Taraschi Caroline L
Bought by
Tomeo Barbara B
Seller's Agent
Miles Geisler
Legacy Properties Sotheby's International Realty
Buyer's Agent
Meriwether Gill
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$285,000
Sold Price
$282,200
Premium/Discount to List
-$2,800
-0.98%
Current Estimated Value
$426,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,998
Avg. Annual Appreciation
6.10%
Source: Public Records

Similar Homes in Damariscotta, ME

  • 44 Cove Ln, Damariscotta, ME 04543

    $350,000

    • 2 Beds
    • 1 Bath
    • 520 Sq Ft
    • 44 Cove Ln
    • Damariscotta, ME

    Quintessential Maine Waterfront Camp on Pemaquid Pond - Tucked into a quiet, protected cove on beautiful Pemaquid Pond, this classic seasonal camp built in the 1960s offers a wonderful lakeside retreat. Surrounded by tall pines and the soothing sound of lapping water, the setting is pure Maine.Lovingly enjoyed by the same family for over 40 years, the cottage reflects its rustic roots and simple

    Jeanette Wordock Drum & Drum Real Estate Inc.

    Section Image
  • 36 Cove Ln, Damariscotta, ME 04543

    $485,000

    • 3 Beds
    • 1 Bath
    • 896 Sq Ft
    • 36 Cove Ln
    • Damariscotta, ME

    This quintessential fully furnished seasonal cottage offers 75 feet of private shorefront on peaceful Pemaquid Pond, an ideal retreat to experience the best of Maine freshwater life. Lovingly maintained, this home features a grandfathered footprint, just steps from the water's edge, close enough to cast a line from the back deck or soak in breathtaking sunrise and sunset views. Recent updates

    Stephanie Branch Legacy Properties Sotheby's International Realty

    Section Image
  • 26 School St, Damariscotta, ME 04543

    $435,000

    • 2 Beds
    • 1 Bath
    • 1,600 Sq Ft
    • 26 School St
    • Damariscotta, ME

    Fantastic Intown Damariscotta Location,Damariscotta is known for its charming downtown, art galleries, and waterfront. It's worth looking into the local amenities such as schools, restaurants, and shops that contribute to the town's appeal. 2-4 Bedroom Sunny Cape with Large Rooms, 2 Fireplaces, and plenty of Storage Area. Living Room has a cozy fireplace, there is a separate Dining Room for

    Deborah Fox Legacy Properties Sotheby's International Realty

    Section Image
  • 13 High St, Damariscotta, ME 04543

    $479,000

    • 3 Beds
    • 2.5 Baths
    • 1,530 Sq Ft
    • 13 High St
    • Damariscotta, ME

    This classic 1850s cape style home is just a short stroll from the heart of Damariscotta; one of Maine's most picturesque and welcoming villages. Enjoy easy access to coffee shops, restaurants, oyster bars, art galleries, local theater, and an exceptional library, all nestled along the scenic Damariscotta River. Lincoln Medical Center is just around the corner, and Lincoln Academy is close by.

    Kenneth Gray Newcastle Realty

    Section Image
  • 27 Russell Ln, Damariscotta, ME 04543

    $429,000

    • 3 Beds
    • 1.5 Baths
    • 1,972 Sq Ft
    • 27 Russell Ln
    • Damariscotta, ME

    Enjoy the ease of one-floor living in this well-maintained 3-bedroom, 1.5-bath ranch set on over 3 private acres in a small, quiet neighborhood. Just the right amount of lawn and woods, with plenty of room for gardens, there's even a nice gardening shed. Just minutes to town, medical, shopping, beaches, Pemaquid Point lighthouse, excellent restaurants, theater, and a large number of scenic

    Kirsten Ingram Keller Williams Realty

    Section Image
  • 241 Bristol Rd, Damariscotta, ME 04543

    $465,000

    • 3 Beds
    • 1 Bath
    • 1,600 Sq Ft
    • 241 Bristol Rd
    • Damariscotta, ME

    This Lovingly maintained ranch home truly represents 'style' beyond expectations! 3 bedrooms, 1 bath, 2 car garage connected by a desirable and charming breezeway and deck overlooking rolling fields. A third garage space is conveniently located in the expansive basement. The innovative architect and conscientious builder created this family home in 1953, prior to today's popular trend with open

    Susan Ropes L. Dewey Chase Real Estate

    Section Image
See All Homes in Damariscotta

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Tomeo Barbara B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Taraschi Caroline L $166,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2018 09/07/18 Sold $282,200 -1.0% $376 / Sq Ft
08/02/2018 08/02/18 Pending -- -- --
08/01/2018 08/01/18 For Sale $285,000 -- $380 / 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 $4,581 $247,600 $194,600 $53,000
2023 $3,875 $247,600 $194,600 $53,000
2022 $3,463 $208,000 $163,600 $44,400
2021 $3,307 $208,000 $163,600 $44,400
2020 $3,328 $208,000 $163,600 $44,400
2019 $3,349 $208,000 $163,600 $44,400
2018 $3,390 $208,000 $163,600 $44,400
2017 $3,501 $208,000 $163,600 $44,400
2016 $3,582 $208,000 $163,600 $44,400
2015 $3,548 $208,000 $163,600 $44,400
2014 $3,286 $208,000 $163,600 $44,400
2013 $3,141 $208,000 $163,600 $44,400
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Miles Geisler

    Legacy Properties Sotheby's International Realty

    (207) 380-6007

    73 Total Sales

    Miles Geisler
    Section Image
  • Meriwether Gill

    Buyer's Agent in 2018

    Meriwether Gill

    Better Homes & Gardens Real Estate/The Masiello Group

    (207) 706-6242

    161 Total Sales

    Meriwether Gill
    Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1364106

Maine Listings

APN: DAMA-000018-000000-000008

Maine Lincoln County Damariscotta 04543

38 Cove Ln, Damariscotta, ME

This home is located at 38 Cove Ln, Damariscotta, ME 04543 since 01 August 2018 and is currently estimated at $426,198, approximately $568 per square foot. This property was built in 1930. 38 Cove Ln is a home located in Lincoln County with nearby schools including Great Salt Bay Community School and Damariscotta Montessori School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Maine Listings 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.
© 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.

Homes.com, LLC, 17600 Laguna Canyon Rd Irvine, CA 92618 (888)-952-6393

Nearby Homes