NOT LISTED FOR SALE

55 River Rd Newcastle, ME 04553

Estimated Value: $642,000 - $856,000

4 Beds
2.5 Baths
2,496 Sq Ft
$286/Sq Ft Est. Value

Last Sold February 28, 2020

Last sale price $320,000 $128 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $4,489/month

179 Days on Market

Highlights

  • Barn
  • Finished Room Over Garage
  • Greek Revival Architecture
  • Great Salt Bay Community School Rated A-
  • Cathedral Ceiling
  • Wood Flooring

About This Home

As of February 2020

Would you like to live close to town? Greek Revival home, located a gentle stroll to the Twin Villages, with peeks of the Damariscotta River. Beautifully refinished wide-plank floors throughout, traditional moldings and trim, elegant front foyer staircase and handrail. Cool in the summer, the tall windows allow bright winter light. Relax on one of two front porches. Attached barn with 2nd story finished room with direct vent heater - perfect for a studio, craft room or any use you desire. 1st floor den could be a first floor bedroom. Excellent full time home, second home or investment home.

Last Agent to Sell the Property

Debby Schling

Newcastle Realty Brokerage Phone: 207-563-1003 Listed on: 07/15/2019

Last Buyer's Agent

Jonny Carr Kathie Carr

Bean Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,289

Year Built

  • Built in 1850

Lot Details

  • 0.94 Acre Lot
  • Lot Has A Rolling Slope
  • Property is zoned Village Residential

Parking

  • 1 Car Attached Garage
  • Finished Room Over Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Greek Revival Architecture
  • Farmhouse Style Home
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Clap Board Siding
  • Clapboard

Interior Spaces

  • 2,496 Sq Ft Home
  • Built-In Features
  • Cathedral Ceiling
  • Living Room
  • Formal Dining Room
  • Den
  • Bonus Room
  • Wood Flooring
  • Stove
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary bedroom located on second floor

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available

Additional Features

  • Porch
  • City Lot
  • Barn

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 51
  • Assessor Parcel Number NEWC-000012-000000-000051

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,289

Year Built

Built in 1850

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.94
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From the beginning of River Road in Newcastle, #55 is on the right hand side.
  • Above Grade Finished Sq Ft: 2496.0
  • Architectural Style: Farmhouse, Greek-Revival
  • Garage Yn: Yes
  • Year Built: 1850
  • Attribution Contact: 207-563-1003
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.94
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2496.0
  • Property Information:Garage: Yes
  • Water Info:Water Frontage2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 1.0
  • Basement:Unfinished: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Exterior:Clapboard: Yes
  • Exterior:Wood Siding: Yes
  • Bonus Room:Bonus Room: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Site:RollingSloping: Yes
  • Room Features:Cathedral Ceiling29: Yes
  • Room Features:Heat Stove29: Yes
  • Room Features:Built-Ins30: Yes
  • Den:Den: Yes
  • Dining Room Amenities:Heat Stove11: Yes
  • Dining Room Amenities:Formal: Yes
  • Dining Room Amenities:Built-Ins8: Yes
  • Room Features:Above Garage28: Yes
  • Bonus Room Amenities:Above Garage6: Yes
  • Style:Greek-Revival: Yes
  • Bonus Room Amenities:Cathedral Ceiling13: Yes
  • Other Structures:Barn: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Has Basement: Full, Exterior Entry, Bulkhead, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom, Pantry
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: Second
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Rolling Slope, Sidewalks, Intown, Near Shopping, Neighborhood
  • Waterfront: No
  • Construction Type: Wood Siding, Clapboard, Wood Frame
  • Other Structures: Barn
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Paved, Off Street

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 40946.4
  • Parcel #: NEWC-000012-000000-000051
  • Zoning: Village Residential

Tax Info

  • Tax Annual Amount: 4289.0
  • Tax Book Number: 3849
  • Tax Lot: 51
  • Tax Map Number: 12
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2019
Closed on
Feb 26, 2020
Sold by
Erne Jeffrey L and Erne Melissa A
Bought by
Halter Nikolaus
Seller's Agent
Debby Schling
Newcastle Realty
Buyer's Agent
Jonny Carr Kathie Carr
Bean Group
List Price
$369,000
Sold Price
$320,000
Premium/Discount to List
-$49,000
-13.28%
Current Estimated Value
$713,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$393,838
Avg. Annual Appreciation
15.77%
Original Mortgage
$238,000
Outstanding Balance
$213,403
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$500,435

Purchase Details

Closed on
May 9, 2007
Sold by
Gregory Robert B and Gregory Sim K C
Bought by
Erne Jeffrey L and Erne Melissa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage
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
Halter Nikolaus -- None Available
Erne Jeffrey L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Halter Nikolaus $238,000
Previous Owner Erne Jeffrey L $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2020 02/28/20 Sold $320,000 -13.3% $128 / Sq Ft
01/11/2020 01/11/20 Pending -- -- --
07/15/2019 07/15/19 For Sale $369,000 -- $148 / 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 $7,189 $528,600 $67,600 $461,000
2023 $5,299 $331,200 $54,700 $276,500
2022 $5,266 $331,200 $54,700 $276,500
2021 $5,067 $331,200 $54,700 $276,500
2020 $4,289 $239,600 $74,500 $165,100
2019 $4,289 $239,600 $74,500 $165,100
2018 $4,289 $239,600 $74,500 $165,100
2017 $4,325 $239,600 $74,500 $165,100
2016 $4,325 $239,600 $74,500 $165,100
2015 $4,325 $239,600 $74,500 $165,100
2013 $3,810 $239,600 $74,500 $165,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1424770

Maine Listings

APN: NEWC-000012-000000-000051