NOT LISTED FOR SALE

54 Mills Rd Newcastle, ME 04553

Estimated Value: $529,000 - $722,000

4 Beds
2 Baths
2,700 Sq Ft
$232/Sq Ft Est. Value

Last Sold November 15, 2021

Last sale price $369,000 $137 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $3,935/month

89 Days on Market

Highlights

  • Nearby Water Access
  • Barn
  • 2.71 Acre Lot
  • Great Salt Bay Community School Rated A-
  • Property Fronts a Bay or Harbor
  • Cape Cod Architecture

About This Home

As of November 2021

Early and much loved 4+ bedroom cape with a view of Great Salt Bay offers potential to live life ''the way it should be''! The gorgeous detached 30 x40 restored barn has previously served as an antique shop and awaits your new venture. The income possibilities are limitless - air B&B, shop, studio! This property sits in a lovely neighborhood within walking distance to town, restaurants, shops and waterfront as well as easy access to Route 1. Let your imagination lead you to Newcastle.

Last Agent to Sell the Property

Susan Ropes

L. Dewey Chase Real Estate Listed on: 05/22/2021

Last Buyer's Agent

Jacob Oliver

Lash Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,825

Year Built

  • Built in 1850

Lot Details

  • 2.71 Acre Lot
  • Property Fronts a Bay or Harbor
  • Landscaped
  • Open Lot
  • Lot Has A Rolling Slope
  • Property is zoned VillageBus/Resident

Property Views

  • Water
  • Scenic Vista

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Pillar, Post or Pier Foundation
  • Stone Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Fiberglass Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,700 Sq Ft Home
  • Built-In Features
  • 1 Fireplace
  • Separate Formal Living Room
  • Formal Dining Room
  • Home Office
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Dishwasher
  • Kitchen Island
  • Formica Countertops

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Interior and Exterior Basement Entry
  • Sump Pump

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Nearby Water Access
  • Outbuilding

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic System
  • Private Sewer
  • Internet Available

Additional Features

  • Accessible Elevator Installed
  • Barn

Community Details

  • No Home Owners Association
  • Community Storage Space

Listing and Financial Details

  • Tax Lot 7 & 8
  • Assessor Parcel Number NEWC-000013-000000-000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,825

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.71
  • Road Surface Type: Paved
  • Water Body Name: Great Salt Bay
  • MLS Status: Closed
  • Directions: At the 4 way stop in Newcastle, turn right onto The Mills Rd., see sign and property on the left.
  • Above Grade Finished Sq Ft: 2700.0
  • Architectural Style: Cape
  • Garage Yn: No
  • Year Built: 1850
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 2.71
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2700.0
  • Property Information:Garage: No
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Security System: Yes
  • Amenities:Storage: Yes
  • Foundation Materials:Slab: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Dining Room:Dining Room: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Kitchen Amenities:Island: Yes
  • Living Room:Living Room: Yes
  • Room Features:Eat-in Kitchen2: Yes
  • Room Features:Island2: Yes
  • Foundation Materials:Stone: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Office:Office: Yes
  • Foundation Materials:PillarPostPier: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Recreational Water:Nearby: Yes
  • Water:Private2: Yes
  • Equipment:Internet Access Available: Yes
  • Site:RollingSloping: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Kitchen Countertop:Formica: Yes
  • View:Scenic: Yes
  • Basement:Sump Pump: Yes
  • Room Features:Built-Ins30: Yes
  • Accessibilitiy Amenities:ElevatorChair Lift: Yes
  • Heat System:Direct Vent Furnace: Yes
  • Roof:Fiberglass: Yes
  • Kitchen Amenities:Breakfast Nook: Yes
  • Room Features:Breakfast Nook2: Yes
  • Living Room Amenities:Built-Ins14: Yes
  • Dining Room Amenities:Formal: Yes
  • Dining Room Amenities:Built-Ins8: Yes
  • Living Room Amenities:Formal2: Yes
  • Other Structures:Barn: Yes
  • Other Structures:Out Building: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None

Interior Features

  • Appliances: Other, Washer, Refrigerator, Electric Range, Dryer, Dishwasher
  • Accessibility Features: Elevator/Chair Lift
  • Has Basement: Sump Pump, Exterior Entry, Bulkhead, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bathtub, Storage
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Bedroom 4 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Open Lot, Rolling Slope, Sidewalks, Landscaped, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood
  • View: Scenic
  • Waterfront Features: Bay
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Stone, Pillar/Post/Pier, Concrete Perimeter, Slab
  • Other Structures: Barn, Outbuilding
  • Roof: Fiberglass, Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Security: Security System
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Direct Vent Furnace, Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 118047.6
  • Parcel #: NEWC-000013-000000-000008
  • Zoning: VillageBus/Resident

Tax Info

  • Tax Annual Amount: 3825.0
  • Tax Book Number: 4275
  • Tax Lot: 7 & 8
  • Tax Map Number: 13
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2021
Closed on
Nov 15, 2021
Sold by
Roberts Arthur
Bought by
Booher Danielle M and Booher David J
Seller's Agent
Susan Ropes
L. Dewey Chase Real Estate
Buyer's Agent
Jacob Oliver
Lash Realty Group
List Price
$349,000
Sold Price
$369,000
Premium/Discount to List
$20,000
5.73%
Current Estimated Value
$619,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,686
Avg. Annual Appreciation
15.31%
Original Mortgage
$295,200
Outstanding Balance
$273,324
Interest Rate
2.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$354,401
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
Booher Danielle M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Booher Danielle M $82,450
Open Booher Danielle M $295,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2021 11/15/21 Sold $369,000 +5.7% $137 / Sq Ft
08/20/2021 08/20/21 Pending -- -- --
05/22/2021 05/22/21 For Sale $349,000 -- $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 $6,498 $477,800 $120,100 $357,700
2023 $5,141 $321,300 $95,100 $226,200
2022 $5,109 $321,300 $95,100 $226,200
2021 $4,916 $321,300 $95,100 $226,200
2020 $3,773 $210,800 $75,100 $135,700
2019 $3,773 $210,800 $75,100 $135,700
2018 $3,773 $210,800 $75,100 $135,700
2017 $3,805 $210,800 $75,100 $135,700
2016 $3,805 $210,800 $75,100 $135,700
2015 $3,805 $210,800 $75,100 $135,700
2013 $3,352 $210,800 $75,100 $135,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1492878

Maine Listings

APN: NEWC-000013-000000-000008