$755,000
SOLD APR 23, 2019

55 Codman Island Rd Camden, ME 04843

3 Beds
2 Baths
1,640 Sq Ft
0.93 Acres

Recently Sold

$460 Per Sq Ft

6% Below List Price

41 Days on Market

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

Fantastic opportunity to own a year round home on Megunticook Lake with excellent lake frontage, two docks, good privacy, and nearly an acre of land for your enjoyment. The home features a unique open floor plan with a sunken living room with a large wood burning fireplace, three bedrooms, one floor living, and a great waterside deck with wonderful views of the lake. Close to downtown Camden, peaceful location on a quiet cove for swimming, boating, fishing, and relaxing on highly coveted Megunticook Lake, this is a rare find.

Last Agent to Sell the Property

Brian Wickenden

Legacy Properties Sotheby's International Realty Listed on: 03/07/2019

Last Buyer's Agent

George Wheelwright

RE/MAX JARET & COHN

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,096

Year Built

  • Built in 1967

Lot Details

  • 0.93 Acre Lot
  • 208 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Dirt Road
  • Rural Setting
  • Level Lot
  • Wooded Lot
  • Property is zoned RU-1, Shoreland

Parking

  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Contemporary Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,640 Sq Ft Home
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub
  • Shower Only

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Deeded Waterfront Access Rights
  • Docks
  • Deck
  • Shed
  • Outbuilding

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Natural Gas Not Available
  • Private Water Source
  • Well
  • Oil Water Heater
  • Septic System
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number CAMD-000106-000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,096

Year Built

Built in 1967

Lot Details

0

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
  • MLS Status: Closed
  • Directions: From downtown Camden, follow Washington Street out of town past the intersection with Molyneaux Road, look for Codman Island Rd on your right just before the boat launch for Megunticook Lake. Follow Codman Island Road and bear right at the fork to #55.
  • Above Grade Finished Sq Ft: 1640.0
  • Architectural Style: Contemporary
  • Garage Yn: No
  • Year Built: 1967
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 0.93
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1640.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Walk-Out: Yes
  • Roads:Private: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Amenities:Walk-in Closets: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Full Bath7: Yes
  • Gas:No Gas: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: 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
  • Site:Wooded: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Water Heater:Oil2: Yes
  • View:Scenic: Yes
  • Basement:Sump Pump: Yes
  • Recreational Water:Dock: Yes
  • Other Structures:Shed: Yes
  • Other Structures:Out Building: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Dryer, Dishwasher
  • Has Basement: Walk-Out Access, Full, Sump Pump, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Walk-in Closets, 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, Bathtub, Shower
  • Full Basement: Yes
  • Bedroom 2 Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: Second
  • Primary Bedroom Primary Bedroom Level: First

Exterior Features

  • Lot Features: Level, Wooded, Near Town, Rural
  • View: Scenic
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Wood Siding, Shingle Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding, Shed(s)
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Gravel

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Hot Air
  • 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: Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 40510.8
  • Parcel #: CAMD-000106-000008
  • Zoning: RU-1, Shoreland

Tax Info

  • Tax Annual Amount: 11096.0
  • Tax Book Number: 2430
  • Tax Lot: 8
  • Tax Map Number: 106
  • Tax Year: 2018

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
$3,828,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$141,866
Avg. Annual Appreciation
-4.68%

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
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 Type Sale Price Title Company
Deed $3,970,000 None Available
Deed $3,970,000 None Available
Deed -- --
Deed -- --
Quit Claim Deed -- --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,760,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $1,360,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $239,000 Balloon
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
2024 $29,101 $2,771,500 $885,100 $1,886,400
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

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1400598

Maine Listings

APN: CAMD-000106-000008