NOT LISTED FOR SALE

48 Bell Cove Rd Newcastle, ME 04553

Estimated Value: $479,000 - $640,430

3 Beds
1 Bath
1,400 Sq Ft
$383/Sq Ft Est. Value

Last Sold May 30, 2018

Last sale price $275,000 $196 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $3,292/month

86 Days on Market

Highlights

  • 350 Feet of Waterfront
  • 4.9 Acre Lot
  • Wooded Lot
  • Great Salt Bay Community School Rated A-
  • Deck
  • Ranch Style House

About This Home

As of May 2018

Don’t miss this immaculate four-season gem! The huge property, with 5 secluded acres and 350 feet of waterfront on stunning Damariscotta Lake, has limitless possibilities. Whether you're boating, fishing, hunting, snowmobiling, or just relaxing, you'll feel like you're on vacation every day. A stunning stone fireplace makes an incredible focal point in this bright, beautiful space. Walk-out basement features ample room for expansion to turn this into the ultimate family vacation home or a fantastically appealing rental property. Minutes to Damariscotta. Don't miss out on this private lakeside retreat!

Last Agent to Sell the Property

Michael Hamilton

RE/MAX Riverside Listed on: 01/18/2018

Last Buyer's Agent

Richard Garrigan

Better Homes & Gardens Real Estate/The Masiello Group

Better Homes & Gardens Real Estate/The Masiello Group

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $5,771

Year Built

  • Built in 2003

Lot Details

  • 4.9 Acre Lot
  • 350 Feet of Waterfront
  • Lake Front
  • Dirt Road
  • Rural Setting
  • Lot Has A Rolling Slope
  • Wooded Lot

Parking

  • Gravel Driveway

Home Design

  • Ranch Style House
  • Wood Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,400 Sq Ft Home
  • 1 Fireplace
  • Water Views

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Deck
  • Patio

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Natural Gas Not Available
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic System
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 20A
  • Assessor Parcel Number NEWC-000009-000000-000020-A000000

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$5,771

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 4.9
  • Road Surface Type: Gravel
  • Water Body Name: Damariscotta lake
  • MLS Status: Closed
  • Directions: Route 1 to Newcastle, then Rt 215 to right on Rt 213 to right on Milliken to right on Bell Cove. House will be to the left when Bell Cove forks. See sign
  • Above Grade Finished Sq Ft: 1400.0
  • Architectural Style: Ranch
  • Year Built: 2003
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 4.9
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 1400.0
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Electric Range: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Basement:Unfinished: Yes
  • Amenities:Walk-in Closets: Yes
  • Gas:No Gas: Yes
  • Roof:Composition2: Yes
  • Style:Ranch: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Location:Rural: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 350.0
  • Water Info:Water Frontage Owned -: 350.0
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Site:RollingSloping: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Construction:Modular: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Electric Range, Dishwasher
  • Has Basement: Walk-Out Access, Full, Interior Entry, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Walk-in Closets
  • Full Basement: Yes

Exterior Features

  • Lot Features: Rolling Slope, Wooded, Near Shopping, Near Town, Rural
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Modular, Wood Frame
  • Patio And Porch Features: Deck, Patio
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 11 - 20 Spaces, Gravel

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 213444.0
  • Parcel #: NEWC-000009-000000-000020-A000000
  • Zoning: Res

Tax Info

  • Tax Annual Amount: 5771.0
  • Tax Book Number: 3081
  • Tax Lot: 20A
  • Tax Map Number: 09
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2018
Closed on
Jun 5, 2018
Sold by
Bell Donald H and Bell Annette R
Bought by
Tibbetts Tracy L
Seller's Agent
Michael Hamilton
RE/MAX Riverside
Buyer's Agent
Richard Garrigan
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$284,900
Sold Price
$275,000
Premium/Discount to List
-$9,900
-3.47%
Current Estimated Value
$535,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,608
Avg. Annual Appreciation
9.49%
Original Mortgage
$247,500
Outstanding Balance
$213,562
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$322,046
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
Tibbetts Tracy L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tibbetts Tracy L $247,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2018 05/30/18 Sold $275,000 -3.5% $196 / Sq Ft
04/15/2018 04/15/18 Pending -- -- --
01/18/2018 01/18/18 For Sale $284,900 -- $204 / 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 $5,432 $399,400 $240,300 $159,100
2023 $4,902 $306,400 $184,300 $122,100
2022 $4,872 $306,400 $184,300 $122,100
2021 $4,654 $304,200 $184,300 $119,900
2020 $5,499 $307,200 $215,300 $91,900
2019 $5,499 $307,200 $215,300 $91,900
2018 $5,723 $319,700 $215,300 $104,400
2017 $5,771 $319,700 $215,300 $104,400
2016 $5,771 $319,700 $215,300 $104,400
2015 $5,771 $319,700 $215,300 $104,400
2013 $5,083 $319,700 $215,300 $104,400
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Michael Hamilton

    RE/MAX Riverside

  • R

    Buyer's Agent in 2018

    Richard Garrigan

    Better Homes & Gardens Real Estate/The Masiello Group

    (207) 975-1975

    30 Total Sales

    Richard Garrigan
    Section Image
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Map

Source: Maine Listings

MLS Number: 1336360

Maine Listings

APN: NEWC-000009-000000-000020-A000000

Maine Lincoln County Newcastle 04553

48 Bell Cove Rd, Newcastle, ME

This home is located at 48 Bell Cove Rd, Newcastle, ME 04553 since 18 January 2018 and is currently estimated at $535,608, approximately $382 per square foot. This property was built in 2003. 48 Bell Cove Rd is a home located in Lincoln County with nearby schools including Great Salt Bay Community School and Lincoln Academy.

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.

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