NOT LISTED FOR SALE

54 Lake Farm Cir Jefferson, ME 04348

Estimated Value: $288,000 - $511,000

-- Bed
-- Bath
759 Sq Ft
$499/Sq Ft Est. Value

Last Sold July 06, 2020

Last sale price $60,000 $79 Per Sq Ft

Est. 486% increase in value since last sale

Current estimated payment $2,190/month

61 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Cottage
  • Wood Siding
  • 300 Feet of Waterfront
  • Open Lot
  • Heating Available

About This Home

As of July 2020

Ever wanted a new cottage with a private beach on Damariscotta Lake? Summer on Damariscotta lake in your own little get away. Enjoy a sandy beach for swimming, a gazebo for picnics or BBQ's and a boat launch all on property. This property is available and ready for your own building. Cottage was originally built in the 1950's. Owner has permits from town and approval from the Condo Assoc. for a complete rebuild. Cottage is being sold as is with permits.

Last Agent to Sell the Property

Jeffrey Jewett

Black Duck Realty Listed on: 04/21/2020

Last Buyer's Agent

Jeffrey Jewett

Orff Realty Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,094

Year Built

  • Built in 2020

Lot Details

  • 436 Sq Ft Lot
  • 300 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Rural Setting
  • Seasonal Access to Property
  • Open Lot
  • Property is zoned Shoreland

HOA Fees

  • $125 Monthly HOA Fees

Home Design

  • Cottage
  • Bungalow
  • Wood Frame Construction
  • Wood Siding

Interior Spaces

  • 759 Sq Ft Home
  • Water Views

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Deeded Waterfront Access Rights
  • Beach Access
  • Mooring

Utilities

  • No Cooling
  • Heating Available
  • Electricity Not Available
  • Natural Gas Not Available
  • Private Water Source
  • No Water Heater

Listing and Financial Details

  • Tax Lot 38-11
  • Assessor Parcel Number 54LakeFarmCircleJefferson04348

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,094

Year Built

Built in 2020

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.01
  • Road Frontage Type: Private
  • Road Surface Type: Paved
  • Water Body Name: Damariscotta Lake
  • MLS Status: Closed
  • Directions: from corner of route 32 and 126 in Jefferson follow route 126 and route 213. Damariscotta Lake Condominium Association is on your left. Take second left and follow to 54.
  • Above Grade Finished Sq Ft: 759.0
  • Architectural Style: Cottage, Bungalow
  • Garage Yn: No
  • Year Built: 2020
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: Yes
  • Property Information:Lot Size Acres -: 0.01
  • Property Information:SqFt Finished Above Grade: 759.0
  • Property Information:Garage: No
  • Site:Open: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Cooling:None3: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Location Information:Association Fee: 125.0
  • Location Information:Fee Frequency Paid: Monthly
  • Roads:Private: Yes
  • Style:Bungalow: Yes
  • Gas:No Gas: Yes
  • Exterior:Wood Siding: Yes
  • Location:Rural: Yes
  • Water Info:Waterfront Amount -: 300.0
  • Water Info:Water Frontage Shared -: 300.0
  • Recreational Water:Deeded: Yes
  • Style:Cottage: Yes
  • Water:Private2: Yes
  • Electric:No Electric: Yes
  • Water Heater:None2: Yes
  • Recreational Water:Beach Rights: Yes
  • Sewer:Quasi-Public: Yes
  • Recreational Water:Boat Mooring: Yes
  • Heat System:No Heat System: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Has Basement: None, Not Applicable
  • Fireplace: No

Exterior Features

  • Lot Features: Open Lot, Rural
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Wood Siding, Wood Frame
  • Roof: Other

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: No Heat System
  • Heating Yn: Yes
  • Electric: No Electric
  • Sewer: Quasi-Public
  • Water Source: Other, Private, Public

Condo/Co-op/Association

  • Association Fee: 125.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 435.6
  • Parcel #: 54LakeFarmCircleJefferson04348
  • Zoning: Shoreland

Tax Info

  • Tax Annual Amount: 1094.0
  • Tax Book Number: 2479
  • Tax Lot: 38-11
  • Tax Map Number: 39
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2023
Sold by
Golubow Marie and Golubow Nikolai A
Bought by
Buffett Jane E
Current Estimated Value
$351,464

Purchase Details

Listed on
Apr 21, 2020
Closed on
Jul 6, 2020
Sold by
Murphy James R and Murphy Jane M
Bought by
Golubow Nikolai A and Golubow Marie
Seller's Agent
Jeffrey Jewett
Black Duck Realty
Buyer's Agent
Jeffrey Jewett
Orff Realty Corp
List Price
$75,000
Sold Price
$60,000
Premium/Discount to List
-$15,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.39%
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
Buffett Jane E $329,000 None Available
Golubow Nikolai A -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2020 07/06/20 Sold $60,000 -20.0% $79 / Sq Ft
06/22/2020 06/22/20 Pending -- -- --
04/21/2020 04/21/20 For Sale $75,000 -- $99 / 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 $1,797 $148,400 $87,000 $61,400
2023 $1,678 $102,300 $60,000 $42,300
2022 $1,540 $102,300 $60,000 $42,300
2021 $1,276 $88,600 $60,000 $28,600
2020 $1,169 $82,900 $60,000 $22,900
2019 $1,094 $82,900 $60,000 $22,900
2018 $1,067 $82,700 $60,000 $22,700
2017 $1,053 $82,600 $60,000 $22,600
2016 $1,051 $82,400 $60,000 $22,400
2015 $1,028 $82,200 $60,000 $22,200
2014 $985 $82,100 $60,000 $22,100
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jeffrey Jewett

    Black Duck Realty

    (207) 441-0919

    56 in this area

    129 Total Sales

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Map

Source: Maine Listings

MLS Number: 1449981

Maine Listings

APN: JEFN-000039-000000-000038-000011

Maine Lincoln County Jefferson 04348

54 Lake Farm Cir, Jefferson, ME

This home is located at 54 Lake Farm Cir, Jefferson, ME 04348 since 21 April 2020 and is currently estimated at $378,395, approximately $498 per square foot. This property was built in 2020. 54 Lake Farm Cir is a home located in Lincoln County with nearby schools including Jefferson Village School.

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