NOT LISTED FOR SALE

53 Timber Ln Newcastle, ME 04553

Estimated Value: $422,748 - $492,000

2 Beds
2 Baths
1,704 Sq Ft
$265/Sq Ft Est. Value

Last Sold January 21, 2016

Last sale price $165,000 $97 Per Sq Ft

Est. 174% increase in value since last sale

Current estimated payment $2,896/month

192 Days on Market

Highlights

  • Cape Cod Architecture
  • Deck
  • Wood Flooring
  • Great Salt Bay Community School Rated A-
  • Wooded Lot
  • No HOA

About This Home

As of January 2016

Charming Country Cape close to downtown Damariscotta. This house has 2 bedrooms upstairs and another bedroom in the basement and a full bath upstairs. The first floor living area has a nice open design with another full bath for convenience. The basement has a one car garage and laundry area . The yard comes equipped with a green house and a garden shed and enough acreage to perfect your gardening techniques. To top it all off there is a new deck just waiting for your next BBQ.

Last Agent to Sell the Property

Kenneth Gray

Newcastle Realty Brokerage Phone: 207-563-1003 Listed on: 05/14/2015

Co-Listed By

Mary Havens

Newcastle Realty Brokerage Phone: 207-563-1003

Last Buyer's Agent

Kirstie Ransdell

Newcastle Realty

Newcastle Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,972

Year Built

  • Built in 1988

Lot Details

  • 1.88 Acre Lot
  • Level Lot
  • Wooded Lot

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 1,704 Sq Ft Home
  • Family Room
  • Living Room
  • Dining Room
  • Den

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

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

Parking

  • Direct Access Garage
  • Gravel Driveway

Outdoor Features

  • Deck
  • Outbuilding

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Private Water Source
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 53Timber LaneNewcastl7A11

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,972

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.88
  • Co List Office Mls Id: 1434
  • Co List Office Phone: 207-563-1003
  • MLS Status: Closed
  • Directions: From Academy Hill Road take a left onto Timber Lane. Home is .2 miles on the Right.
  • Above Grade Finished Sq Ft: 1704.0
  • Architectural Style: Cape
  • Garage Yn: Yes
  • Year Built: 1988
  • Attribution Contact: 207-563-1003
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 1.88
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1704.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Exterior:Clapboard: Yes
  • Heat System:Multi-Zones: Yes
  • Sewer:Private Sewer: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Family Room:Family Room: Yes
  • Property Information:Deed Restrictions: Unknown
  • Den:Den: Yes
  • Other Structures:Out Building: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Electric Range, Dryer, Dishwasher
  • Has Basement: Finished, Full, Interior Entry, Walk-Out Access
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First

Exterior Features

  • Lot Features: Level, Wooded, Near Shopping, Near Town, Neighborhood, Subdivided
  • Waterfront: No
  • Construction Type: Clapboard, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Utilities: Utilities On
  • Water Source: Private

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 81892.8
  • Parcel #: 53Timber LaneNewcastl7A11
  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 2972.0
  • Tax Book Number: 2900
  • Tax Lot: 11
  • Tax Map Number: 7A
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2015
Closed on
Jan 26, 2016
Sold by
Chaika Danny and Chaika Nadereh
Bought by
Stockton Kara
Seller's Agent
Kenneth Gray
Newcastle Realty
Buyer's Agent
Kirstie Ransdell
Newcastle Realty
List Price
$219,000
Sold Price
$165,000
Premium/Discount to List
-$54,000
-24.66%
Current Estimated Value
$451,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$286,687
Avg. Annual Appreciation
11.15%
Original Mortgage
$125,000
Outstanding Balance
$101,054
Interest Rate
3.98%
Mortgage Type
New Conventional
Estimated Equity
$345,734
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
Stockton Kara -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stockton Kara $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2016 01/21/16 Sold $165,000 -24.7% $97 / Sq Ft
11/23/2015 11/23/15 Pending -- -- --
05/14/2015 05/14/15 For Sale $219,000 -- $129 / 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 $4,561 $335,400 $127,000 $208,400
2023 $4,251 $265,700 $102,000 $163,700
2022 $4,225 $265,700 $102,000 $163,700
2021 $4,065 $265,700 $102,000 $163,700
2020 $3,045 $170,100 $72,000 $98,100
2019 $3,045 $170,100 $72,000 $98,100
2018 $3,045 $170,100 $72,000 $98,100
2017 $3,070 $170,100 $72,000 $98,100
2016 $3,070 $170,100 $72,000 $98,100
2015 $3,083 $170,800 $72,000 $98,800
2013 $2,716 $170,800 $72,000 $98,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1216509

Maine Listings

APN: NEWC-000007A-000000-000011