NOT LISTED FOR SALE

38 Lake Farm Cir Jefferson, ME 04348

Estimated Value: $437,785

1 Bed
0.5 Bath
1,110 Sq Ft
$394/Sq Ft Est. Value

Last Sold May 19, 2017

Last sale price $260,000 $234 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $2,664/month

151 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Docks
  • No HOA
  • 150 Feet of Waterfront
  • Wood Flooring
  • Cottage

About This Home

As of May 2017

This unique property sits on the edge of Damariscotta Lake. A former Marina and offices for Damariscotta Lake Watershed. Property has been totally renovated and is year round with its own well and septic. Make this your own cottage, year round home or a commerical option.

Last Agent to Sell the Property

Jeffrey Jewett

Black Duck Realty Listed on: 12/14/2016

Last Buyer's Agent

Jacque Holland

Farrin Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,539

Year Built

  • Built in 1999

Lot Details

  • 1.4 Acre Lot
  • 150 Feet of Waterfront
  • Lake Front
  • Rural Setting
  • Level Lot
  • Open Lot
  • Property is zoned Shoreland

Home Design

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

Interior Spaces

  • 1,110 Sq Ft Home
  • Wood Flooring

Bedrooms and Bathrooms

  • 1 Bedroom
  • 0.5 Bathroom

Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • Detached Garage
  • Gravel Driveway

Outdoor Features

  • Deeded Waterfront Access Rights
  • Beach Access
  • Deep Water Access
  • Mooring
  • Docks

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window
  • Private Water Source
  • Electric Water Heater
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 38-21
  • Assessor Parcel Number JEFN-000039-000000-000038-000021

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,539

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.4
  • Road Surface Type: Paved
  • Water Body Name: Damariscotta
  • MLS Status: Closed
  • Directions: from corner of route 32 and 213 follow route 213 take first left onto Lake Farm Circle at Damariscotta Lake Condominiums.
  • Above Grade Finished Sq Ft: 1110.0
  • Architectural Style: Cottage
  • Garage Yn: Yes
  • Year Built: 1999
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.4
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 1110.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Water Heater:Electric2: Yes
  • Vehicle Storage:Detached: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Exterior:Wood Siding: Yes
  • Basement:Crawl Space: Yes
  • Sewer:Private Sewer: Yes
  • Location:Rural: Yes
  • Water Info:Waterfront Amount -: 150.0
  • Water Info:Water Frontage Owned -: 140.0
  • Recreational Water:Deeded: Yes
  • Style:Cottage: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Heat System:Direct Vent Heater: Yes
  • Transportation:Deep Water Access: Yes
  • Recreational Water:Dock: Yes
  • Basement Entry:Exterior Only: Yes
  • Recreational Water:Beach Rights: Yes
  • Recreational Water:Boat Mooring: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Has Basement: Crawl Space, Exterior Only
  • Half Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Lot Features: Level, Open Lot, Right of Way, Rural
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel, Detached

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 60984.0
  • Parcel #: JEFN-000039-000000-000038-000021
  • Zoning: Shoreland

Tax Info

  • Tax Annual Amount: 1539.0
  • Tax Book Number: 5016
  • Tax Lot: 38-21
  • Tax Map Number: 39
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2016
Closed on
May 30, 2017
Sold by
Dlf Restaurant Llc
Bought by
Meehan John P and Meehan Adrienne C
Seller's Agent
Jeffrey Jewett
Black Duck Realty
Buyer's Agent
Jacque Holland
Farrin Properties
List Price
$299,000
Sold Price
$260,000
Premium/Discount to List
-$39,000
-13.04%
Current Estimated Value
$437,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,785
Avg. Annual Appreciation
6.62%
Original Mortgage
$130,000
Outstanding Balance
$109,589
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$331,563
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
Meehan John P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meehan John P $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2017 05/19/17 Sold $260,000 -13.0% $234 / Sq Ft
05/15/2017 05/15/17 Pending -- -- --
12/14/2016 12/14/16 For Sale $299,000 -- $269 / 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 $3,347 $276,400 $116,000 $160,400
2023 $3,127 $190,700 $80,000 $110,700
2022 $2,870 $190,700 $80,000 $110,700
2021 $2,604 $180,800 $80,000 $100,800
2020 $2,549 $180,800 $80,000 $100,800
2019 $2,387 $180,800 $80,000 $100,800
2018 $1,831 $141,900 $80,000 $61,900
2017 $1,562 $122,500 $60,000 $62,500
2016 $1,568 $123,000 $60,000 $63,000
2015 $1,539 $123,100 $60,000 $63,100
2014 $1,486 $123,800 $60,000 $63,800
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Jeffrey Jewett

    Black Duck Realty

    (207) 441-0919

    56 in this area

    129 Total Sales

    Section Image

  • J

    Buyer's Agent in 2017

    Jacque Holland

    Farrin Properties

See All Agents

Map

Source: Maine Listings

MLS Number: 1290663

Maine Listings

APN: JEFN-000039-000000-000038-000021

Maine Lincoln County Jefferson 04348

38 Lake Farm Cir, Jefferson, ME

This home is located at 38 Lake Farm Cir, Jefferson, ME 04348 since 14 December 2016 and is currently estimated at $437,785, approximately $394 per square foot. This property was built in 1999. 38 Lake Farm Cir is a home located in Lincoln County with nearby schools including Jefferson Village School.

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