NOT LISTED FOR SALE

4 Castaway Cove Ln Damariscotta, ME 04543

Estimated Value: $392,000 - $460,000

2.75 Acres
$153,591 Price per Acre
119,790 Sq Ft Lot

Last Sold May 07, 2021

Last sale price $75,000

Est. 463% increase in value since last sale

Current estimated payment $2,608/month

14 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Home fronts a pond
  • Wooded Lot
  • Great Salt Bay Community School Rated A
  • 2.75 Acre Lot
  • No HOA

About This Lot

As of May 2021

Beautiful 2.75 acre building lot with 50' ROW to Pemaquid Lake. Clear a few trees and start building! Year round road 5 minutes to Damariscotta and all Midcoast Maine has to offer. Power is at the road and a view of the lake is there as well. Electric at street.

Last Agent to Sell the Property

Robert Whear

Sigrid & Associates LLC Real Estate Listed on: 01/26/2021

Last Buyer's Agent

Robert Whear

ERA Excel

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $385

Lot Details

  • 2.75 Acre Lot
  • Home fronts a pond
  • 50 Feet of Waterfront
  • Property fronts a private road
  • Dirt Road
  • Street terminates at a dead end
  • Rural Setting
  • Level Lot
  • Wooded Lot
  • Property is zoned Shoreland/Rural

Parking

  • No Driveway

Mobile Home

  • Mobile Home Allowed

Utilities

  • Electricity Not Available
  • Natural Gas Not Available
  • Water Not Available
  • Sewer Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 054-8
  • Assessor Parcel Number M4L54-8CastawayCoveLnDamariscotta04543

Property Details

Property Type

Land

Est. Annual Taxes

$385

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 2.75
  • Road Frontage Type: Private
  • Road Surface Type: Gravel
  • Water Body Name: Pemaquid ''Lake''
  • MLS Status: Closed
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 2.75
  • Site:Level: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: No
  • Roads:Private: Yes
  • Gas:No Gas: Yes
  • Location:Rural: Yes
  • Roads:Dead End: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 50.0
  • Water Info:Water Frontage Shared -: 50.0
  • Site:Wooded: Yes
  • Site:RollingSloping: Yes
  • Driveway:No Driveway: Yes
  • Property Information:Mobile Homes Allowed: Yes
  • Electric:No Electric: Yes
  • Sewer:None4: Yes
  • Water:None5: Yes
  • Advertising Remarks:Advertising Remarks: Beautiful 2.75 acre building lot with 50' ROW to Pemaquid Lake. Clear a few trees and start building! Year round road 5 minutes to Damariscotta and all Midcoast Maine has to offer. Power is at the road and a view of the lake is there as well. Electric at street.
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Level, Rolling Slope, Wooded, Near Town, Neighborhood, Rural
  • Waterfront Features: Pond
  • Waterfront: Yes

Garage/Parking

  • Parking Features: No Driveway

Utilities

  • Electric: No Electric
  • Sewer: None
  • Water Source: None

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 119790.0
  • Parcel #: M4L54-8CastawayCoveLnDamariscotta04543
  • Zoning: Shoreland/Rural

Tax Info

  • Tax Annual Amount: 385.0
  • Tax Lot: 054-8
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 20, 2014
Sold by
Doyle Wilfred S
Bought by
Wolf Ft
Current Estimated Value
$422,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,520
Outstanding Balance
$100,396
Interest Rate
4.14%
Mortgage Type
Commercial
Estimated Equity
$321,978

Purchase Details

Closed on
Aug 19, 2014
Sold by
Doyle Wilfred S
Bought by
Doyle Ft

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,520
Outstanding Balance
$100,396
Interest Rate
4.14%
Mortgage Type
Commercial
Estimated Equity
$321,978
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Wolf Ft -- --
Doyle Ft -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wolf Ft $131,520
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2021 05/07/21 Sold $75,000 0.0% --
02/10/2021 02/10/21 Pending -- -- --
01/26/2021 01/26/21 For Sale $75,000 -- --
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 $4,651 $251,400 $50,300 $201,100
2023 $3,934 $251,400 $50,300 $201,100
2022 $3,508 $210,700 $42,300 $168,400
2021 $3,350 $210,700 $42,300 $168,400
2020 $3,371 $210,700 $42,300 $168,400
2019 $2,647 $164,400 $42,300 $122,100
2018 $2,680 $164,400 $42,300 $122,100
2017 $2,767 $164,400 $42,300 $122,100
2016 $2,831 $164,400 $42,300 $122,100
2015 $2,805 $164,400 $42,300 $122,100
2014 $2,598 $164,400 $42,300 $122,100
2013 $2,482 $164,400 $42,300 $122,100
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Robert Whear

    Sigrid & Associates LLC Real Estate

See All Agents

Map

Source: Maine Listings

MLS Number: 1480640

Maine Listings

APN: DAMA-000004-000000-000054

Maine Lincoln County Damariscotta 04543

4 Castaway Cove Ln, Damariscotta, ME

Not Listed for Sale

Lots

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