NOT LISTED FOR SALE

40 Forest Rd Newcastle, ME 04553

Estimated Value: $266,815 - $420,000

2 Beds
2 Baths
2,058 Sq Ft
$169/Sq Ft Est. Value

Last Sold February 15, 2022

Last sale price $176,000 $86 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $2,197/month

2 Days on Market

Highlights

  • View of Trees or Woods
  • 30.54 Acre Lot
  • Deck
  • Great Salt Bay Community School Rated A-
  • Colonial Architecture
  • Wooded Lot

About This Home

As of February 2022

A simple home tucked away in a private rural setting, only 15 minutes from downtown Damariscotta. This house is ready to be transformed into your Maine Woods Getaway!

Last Agent to Sell the Property

Tate Sandrock

Newcastle Realty Brokerage Phone: 207-563-1003 Listed on: 01/06/2022

Last Buyer's Agent

Janice Rhayem

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,535

Year Built

  • Built in 1985

Lot Details

  • 30.54 Acre Lot
  • Property fronts a private road
  • Dirt Road
  • Rural Setting
  • Wooded Lot
  • Property is zoned Rural

Parking

  • Gravel Driveway

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Living Room
  • Dining Room
  • Views of Woods

Kitchen

  • Electric Range
  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Interior Basement Entry

Outdoor Features

  • Deck

Utilities

  • No Cooling
  • Heating System Uses Wood
  • Baseboard Heating
  • Natural Gas Not Available
  • Private Water Source
  • Electric Water Heater
  • Septic System

Community Details

  • No Home Owners Association
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Tax Lot 39c
  • Assessor Parcel Number NEWC-000008-000000-000039-C000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,535

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 30.54
  • Road Frontage Type: Private
  • Road Surface Type: Gravel
  • MLS Status: Closed
  • Directions: Route 215 North (turns into Ridge Road), Left on Forest Road, Travel 3/10 mile to driveway, take a left at fork in the road. *4 wheel drive is recommended on Forest Road. Be careful of ice and snow on road
  • Above Grade Finished Sq Ft: 1200.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Year Built: 1985
  • Attribution Contact: 207-563-1003
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 30.54
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1200.0
  • Property Information:SqFt Finished Below Grade: 858.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Electric Range: Yes
  • Cooling:None3: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Roads:Private: Yes
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Style:Colonial: Yes
  • Heat Fuel:Wood2: Yes
  • Location:Rural: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Property Information:Deed Restrictions: Yes
  • Sewer:Septic Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Electric Range, Dishwasher
  • Has Basement: Interior Entry, Walk-Out Access, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 858.0
  • Fireplace: No
  • Bedroom 2 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First

Exterior Features

  • Lot Features: Wooded, Rural
  • View: Trees/Woods
  • Waterfront: No
  • Construction Type: Shingle 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: Stove, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Existing on Site
  • Water Source: Private

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1330322.4
  • Parcel #: NEWC-000008-000000-000039-C000000
  • Zoning: Rural

Tax Info

  • Tax Annual Amount: 2535.0
  • Tax Book Number: 4809
  • Tax Lot: 39c
  • Tax Map Number: 8
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2022
Closed on
Feb 11, 2022
Sold by
Munroe Westleigh
Bought by
Hidden Forest Farms Llc
Seller's Agent
Tate Sandrock
Newcastle Realty
Buyer's Agent
Janice Rhayem
Coldwell Banker Realty
List Price
$165,000
Sold Price
$176,000
Premium/Discount to List
$11,000
6.67%
Current Estimated Value
$348,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,704
Avg. Annual Appreciation
19.99%
Original Mortgage
$182,000
Outstanding Balance
$171,860
Interest Rate
3.55%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$152,853
Source: Public Records

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Range of Values:

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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
Hidden Forest Farms Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hidden Forest Farms Llc $182,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2022 02/15/22 Sold $176,000 +6.7% $86 / Sq Ft
01/09/2022 01/09/22 Pending -- -- --
01/06/2022 01/06/22 For Sale $165,000 -- $80 / 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 $3,064 $225,300 $77,800 $147,500
2023 $2,648 $165,500 $64,600 $100,900
2022 $2,635 $165,700 $64,800 $100,900
2021 $2,535 $165,700 $64,800 $100,900
2020 $2,261 $126,300 $59,600 $66,700
2019 $2,270 $126,800 $60,100 $66,700
2018 $2,275 $127,100 $60,400 $66,700
2017 $2,294 $127,100 $60,400 $66,700
2016 $2,249 $124,600 $57,900 $66,700
2015 $2,242 $124,200 $57,500 $66,700
2013 $1,978 $124,400 $57,700 $66,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1517503

Maine Listings

APN: NEWC-000008-000000-000039-C000000