NOT LISTED FOR SALE

509 N Newcastle Rd Newcastle, ME 04553

Estimated Value: $247,447 - $403,000

2 Beds
1 Bath
720 Sq Ft
$457/Sq Ft Est. Value

Last Sold December 30, 2019

Last sale price $120,000 $167 Per Sq Ft

Est. 174% increase in value since last sale

Current estimated payment $1,938/month

1,161 Days on Market

Highlights

  • 8 Acre Lot
  • Cape Cod Architecture
  • Mud Room
  • Great Salt Bay Community School Rated A-
  • Wooded Lot
  • No HOA

About This Home

As of December 2019

A quaint year-round rural cottage or starter home with ample acreage just 10 minutes to town. Many recent upgrades including exterior finish, kitchen, floors, and Rinnai propane heater.

Last Agent to Sell the Property

Peter McNaughton

Drum & Drum Real Estate Inc. Listed on: 04/09/2019

Last Buyer's Agent

Erin Dunning

Hoang Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,040

Year Built

  • Built in 1940

Lot Details

  • 8 Acre Lot
  • Rural Setting
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Property is zoned Rural

Parking

  • Gravel Driveway

Home Design

  • Cape Cod Architecture
  • Cottage
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 720 Sq Ft Home
  • Mud Room
  • Living Room
  • Laminate Flooring

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Stove

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Exterior Basement Entry
  • Crawl Space

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 75, 76, 47A
  • Assessor Parcel Number NEWC-000008-000000-000076

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,040

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 8.0
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From Rte. 194 in North Newcastle take North Newcastle Road .7 miles to property on your left.
  • Above Grade Finished Sq Ft: 720.0
  • Architectural Style: Cottage, Cape
  • Garage Yn: No
  • Year Built: 1940
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 8.0
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 720.0
  • 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:Stove: Yes
  • Appliances Included:Electric Range: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Living Room:Living Room: Yes
  • Room Features:Eat-in Kitchen2: Yes
  • Floors:Laminate: Yes
  • Mud Room:Mud Room: Yes
  • Exterior:Wood Siding: Yes
  • Basement:Crawl Space: Yes
  • Sewer:Private Sewer: Yes
  • Heat Fuel:Wood2: Yes
  • Location:Rural: Yes
  • Style:Cottage: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Site:RollingSloping: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Heat System:Direct Vent Heater: Yes
  • Basement Entry:Exterior Only: Yes
  • Water Heater:None2: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Electric Range
  • Has Basement: Crawl Space, Exterior Entry, Bulkhead, Exterior Only
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Bedroom 2 Level: Second
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Rolling Slope, Wooded, Rural
  • Waterfront: No
  • Construction Type: Wood Siding, Shingle Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Shingle

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 348480.0
  • Parcel #: NEWC-000008-000000-000076
  • Zoning: Rural

Tax Info

  • Tax Annual Amount: 2040.0
  • Tax Book Number: 4401
  • Tax Lot: 75, 76, 47A
  • Tax Map Number: 8, 6
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2025
Sold by
Corson Mae
Bought by
Corson Andrew
Current Estimated Value
$329,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Outstanding Balance
$167,713
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$161,649

Purchase Details

Closed on
May 25, 2022
Sold by
Corson Andrew
Bought by
Corson Andrew and Desirae-Corson Mae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,800
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Apr 9, 2019
Closed on
Dec 23, 2019
Sold by
Mason Lois E
Bought by
Corson Andrew
Seller's Agent
Peter McNaughton
Drum & Drum Real Estate Inc.
Buyer's Agent
Erin Dunning
Hoang Realty
List Price
$110,000
Sold Price
$120,000
Premium/Discount to List
$10,000
9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.16%
Original Mortgage
$117,826
Interest Rate
3.6%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Corson Andrew -- None Available
Corson Andrew -- None Available
Corson Andrew -- None Available
Corson Andrew -- None Available
Corson Andrew -- None Available
Corson Andrew -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Corson Andrew $168,000
Closed Corson Andrew $168,000
Previous Owner Corson Andrew $148,800
Previous Owner Corson Andrew $117,826
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2019 12/30/19 Sold $120,000 +9.1% $167 / Sq Ft
12/04/2019 12/04/19 Pending -- -- --
09/28/2016 09/28/16 For Sale $110,000 -- $153 / 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 $2,307 $169,600 $61,200 $108,400
2023 $1,702 $106,400 $49,500 $56,900
2022 $1,692 $106,400 $49,500 $56,900
2021 $1,628 $106,400 $49,500 $56,900
2020 $1,450 $81,000 $45,000 $36,000
2019 $1,450 $81,000 $45,000 $36,000
2018 $1,450 $81,000 $45,000 $36,000
2017 $1,462 $81,000 $45,000 $36,000
2016 $1,462 $81,000 $45,000 $36,000
2015 $1,184 $65,600 $45,000 $20,600
2013 $1,043 $65,600 $45,000 $20,600
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2019

    Peter McNaughton

    Drum & Drum Real Estate Inc.

    (207) 563-1772

    6 in this area

    42 Total Sales

    Peter McNaughton
    Section Image
  • Erin Dunning

    Buyer's Agent in 2019

    Erin Dunning

    Hoang Realty

    (207) 931-7679

    56 Total Sales

    Erin Dunning
    Section Image
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Map

Source: Maine Listings

MLS Number: 1284094

Maine Listings

APN: NEWC-000008-000000-000076

Maine Lincoln County Newcastle 04535

509 N Newcastle Rd, Newcastle, ME

This home is located at 509 N Newcastle Rd, Newcastle, ME 04553 since 09 April 2019 and is currently estimated at $329,362, approximately $457 per square foot. This property was built in 1940. 509 N Newcastle Rd is a home located in Lincoln County with nearby schools including Great Salt Bay Community 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.

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