NOT LISTED FOR SALE

55 Codman Island Rd Camden, ME 04843

Estimated Value: $3,812,000 - $4,091,000

4 Beds
3.5 Baths
2,444 Sq Ft
$1,611/Sq Ft Est. Value

Last Sold July 15, 2024

Last sale price $3,970,000 $1,624 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $24,686/month

Highlights

  • Deeded Waterfront Access Rights
  • 208 Feet of Waterfront
  • Deck
  • Camden-Rockport Elementary School Rated A-
  • Docks
  • Contemporary Architecture

About This Home

As of July 2024

This is a fantastic, and fully furnished, year round contemporary home on Megunticook Lake in Camden. Designed by Norelius Studio, and built to the highest standards by Cold Mountain Builders, this 4 bedroom contemporary home sits on a .93 acre lot with 208 +/- feet of frontage. Amazing screened porch overlooking the lake, two docks, second floor deck accessed from each of the bedrooms, detached 2 car garage with finished living space above. Thoughtfully designed and incredibly well appointed living spaces with large windows and tons of natural light. A beautiful fireplace provides the centerpiece of the living room. Gorgeous kitchen with large center island, dining area with custom dining table, first floor laundry room, along with a utility room with access to the basement area. Upstairs you'll find three bedrooms, each with it's own full bathroom, plus a great bunk room. Air conditioning throughout, built in outdoor grill, fire pit area, and wonderful lake frontage. This is a rare opportunity on Megunticook Lake.

Last Listed By

Brian Wickenden

Legacy Properties Sotheby's International Realty Listed on: 07/15/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,787

Year Built

  • Built in 2020

Lot Details

  • 0.93 Acre Lot
  • 208 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Dirt Road
  • Rural Setting
  • Level Lot
  • Open Lot
  • Land Lease
  • Property is zoned Shoreland

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 2,444 Car Detached Garage
  • Gravel Driveway

Home Design

  • Contemporary Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Membrane Roofing
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,444 Sq Ft Home
  • Furnished
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Screened Porch
  • Water Views
  • Home Security System

Kitchen

  • Built-In Oven
  • Gas Range

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • In-Law or Guest Suite

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Interior Basement Entry
  • Crawl Space

Outdoor Features

  • Deeded Waterfront Access Rights
  • Docks
  • Deck

Utilities

  • Central Air
  • Heat Pump System
  • Power Generator
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic System
  • Private Sewer
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 08
  • Assessor Parcel Number CAMD-000106-000008

Community Details

Overview

  • Informal Subdivision

Amenities

  • Community Storage Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,787

Year Built

Built in 2020

Lot Details

0

HOA Fees

$17 per month

Parking

2444

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.93
  • Road Frontage Type: Private
  • Road Surface Type: Gravel
  • Water Body Name: Megunticook Lake
  • MLS Status: Closed
  • Subdivision Name: Informal
  • Above Grade Finished Sq Ft: 2444.0
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Year Built: 2020
  • Location Information:Leased Land: Yes
  • Location Information:HERS Certified: Unknown
  • Property Information:Lot Size Acres -: 0.93
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 2444.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Security System: Yes
  • Amenities:Storage: Yes
  • Location Information:Association Fee: 200.0
  • Location Information:Fee Frequency Paid: Annually
  • Property Information:Garage Spaces: 2444.0
  • Roads:Private: Yes
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Cooling:Heat Pump3: Yes
  • Water Heater:Electric2: Yes
  • Vehicle Storage:Detached: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Cooling:Central Air: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Exterior:Wood Siding: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Wall Oven: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Living Room Amenities:Wood Burning Fireplace14: Yes
  • Room Features:Wood Burning Fireplace29: Yes
  • Location:Rural: Yes
  • Water Info:Waterfront Amount -: 208.0
  • Water Info:Water Frontage Owned -: 208.0
  • Recreational Water:Deeded: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Appliances Included:Gas Range: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Equipment:Cable: Yes
  • Amenities:Furniture Included: Yes
  • Equipment:Generator: Yes
  • Laundry Room:Laundry Room: Yes
  • Amenities:In-Law Apartment: Yes
  • Recreational Water:Dock: Yes
  • Roof:Membrane: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Wall Oven, Refrigerator, Gas Range, Dryer
  • Has Basement: Crawl Space, Interior Entry
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Furniture Included, In-Law Floorplan, Pantry, 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
  • Primary Bedroom Primary Bedroom Level: Second
  • Laundry Room Laundry Room Level: First

Exterior Features

  • Lot Features: Level, Open Lot, Neighborhood, Rural
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Screened
  • Roof: Membrane
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2444.0
  • Parking Features: 1 - 4 Spaces, Gravel, Detached

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Security: Security System
  • Cooling: Heat Pump, Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association Fee: 200.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Land Lease: Yes
  • Lot Size Sq Ft: 40510.8
  • Parcel #: CAMD-000106-000008
  • Zoning: Shoreland

Tax Info

  • Tax Annual Amount: 32787.0
  • Tax Book Number: 5599
  • Tax Lot: 08
  • Tax Map Number: 106
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2024
Closed on
Jul 11, 2024
Sold by
55 Codman Island Road Rt and Lapides
Bought by
Swan T T and Swan Lafleur
Seller's Agent
Brian Wickenden
Legacy Properties Sotheby's International Realty
Buyer's Agent
Heidi Steele
Legacy Properties Sotheby's International Realty
List Price
$4,200,000
Sold Price
$3,970,000
Premium/Discount to List
-$230,000
-5.48%
Current Estimated Value
$3,937,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$32,037
Avg. Annual Appreciation
-10.82%

Purchase Details

Listed on
Mar 7, 2019
Closed on
Apr 23, 2019
Sold by
Edith C Williams T C and Edith Williams
Bought by
Lapides Sarah B and Lapides Matthew I
Seller's Agent
Brian Wickenden
Legacy Properties Sotheby's International Realty
Buyer's Agent
George Wheelwright
RE/MAX JARET & COHN
List Price
$799,000
Sold Price
$755,000
Premium/Discount to List
-$44,000
-5.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.35%
Original Mortgage
$239,000
Interest Rate
4.3%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 18, 2019
Sold by
Williams John R
Bought by
Williams John R and Williams Christine M

Range of Values:

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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
Swan T T $3,970,000 None Available
Swan T T $3,970,000 None Available
Lapides Sarah B -- --
Lapides Sarah B -- --
Williams John R -- --
Williams John R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lapides Matthew I $1,760,000
Previous Owner Lapides Matthew I $1,360,000
Previous Owner Lapides Sarah B $239,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2024 07/15/24 Sold $3,970,000 -5.5% $1,624 / Sq Ft
07/15/2024 07/15/24 For Sale $4,200,000 +456.3% $1,718 / Sq Ft
07/14/2024 07/14/24 Pending -- -- --
04/23/2019 04/23/19 Sold $755,000 -5.5% $460 / Sq Ft
01/22/2019 01/22/19 Pending -- -- --
12/11/2018 12/11/18 For Sale $799,000 -- $487 / 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
2023 $32,787 $2,375,900 $825,600 $1,550,300
2022 $31,362 $2,375,900 $825,600 $1,550,300
2021 $24,945 $1,625,100 $570,100 $1,055,000
2020 $11,017 $733,000 $570,100 $162,900
2019 $10,929 $733,000 $570,100 $162,900
2018 $11,481 $771,600 $615,200 $156,400
2017 $11,096 $771,600 $615,200 $156,400
2016 $8,207 $526,400 $381,600 $144,800
2015 $7,964 $526,400 $381,600 $144,800
2014 $7,596 $526,400 $381,600 $144,800
2013 $7,391 $526,400 $381,600 $144,800
Source: Public Records

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Source: Maine Listings

MLS Number: 1596817

Maine Listings

APN: CAMD-000106-000008