NOT LISTED FOR SALE

550 Wiscasset Rd Boothbay, ME 04537

Estimated Value: $342,000 - $476,000

3 Beds
1 Bath
1,152 Sq Ft
$339/Sq Ft Est. Value

Last Sold January 17, 2024

Last sale price $330,000 $286 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,276/month

220 Days on Market

Highlights

  • Nearby Water Access
  • 1.8 Acre Lot
  • Wood Flooring
  • Country Club
  • Cape Cod Architecture
  • Main Floor Bedroom

About This Home

As of January 2024

Welcome to 550 Wiscasset Road! This charming 3BR/1BA cape-style home is located at the gateway to the Boothbay Region featuring the perfect blend of residential charm and commercial opportunity. As you enter the home from the delightful covered porch, you'll be greeted by a cozy and inviting atmosphere. Some updates need to be made but the thoughtful floor plan and quality of the original construction leave a blank slate for a homeowner to make it their own! The detached garage provides convenient storage options or potential for a workshop or business space. Situated in a Commercial Corridor District, this property presents an excellent opportunity for those seeking a home-based business or investment potential. The location also boasts easy access to major transportation routes, making it a great commuting option.

Last Agent to Sell the Property

Emilie Hawke

Tindal & Callahan Real Estate Listed on: 04/13/2023

Last Buyer's Agent

Jonathan Tindal

Tindal & Callahan Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,570

Year Built

  • Built in 1965

Lot Details

  • 1.8 Acre Lot
  • Level Lot
  • Open Lot
  • Property is zoned Commercial Corridor

Parking

  • 3 Car Detached Garage
  • Driveway

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,152 Sq Ft Home
  • Wood Burning Fireplace
  • Living Room
  • Home Office
  • Attic

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Formica Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom
  • Bathtub

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Nearby Water Access
  • Shed
  • Porch

Location

  • Property is near a golf course

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Private Water Source
  • Well
  • Septic System
  • Private Sewer

Listing and Financial Details

  • Tax Lot 14-A
  • Assessor Parcel Number BOOT-000006R-000014-A000000

Community Details

Recreation

  • Country Club

Additional Features

  • No Home Owners Association
  • Community Storage Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,570

Year Built

Built in 1965

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.8
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: (From RT-1) Take ME-27 South. Destination will be on the left 7.4 mi.
  • Above Grade Finished Sq Ft: 1152.0
  • Architectural Style: Cape
  • Garage Yn: Yes
  • Year Built: 1965
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.8
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 1152.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 3.0
  • Exterior:Vinyl Siding: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Living Room:Living Room: Yes
  • Room Features:Eat-in Kitchen2: Yes
  • Gas:No Gas: Yes
  • Foundation Materials:Block3: Yes
  • Amenities:Bathtub: Yes
  • Office:Office: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Attic: Yes
  • Recreational Water:Nearby: Yes
  • Room Features:Wood Burning Fireplace29: Yes
  • Water:Private2: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Kitchen Countertop:Formica: Yes
  • Location:Near Country Club: Yes
  • Vehicle Storage:Under: Yes
  • Office Amenities:Wood Burning Fireplace16: Yes
  • Other Structures:Shed: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Electric Range, Dryer
  • Has Basement: Full, Interior Entry, Walk-Out Access, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Bedroom, Attic, Bathtub, Storage
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Level, Open Lot, Near Golf Course, Near Shopping, Near Town
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Block
  • Other Structures: Shed(s)
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: 5 - 10 Spaces, Paved, Detached, Underground

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: AOS 98

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 78408.0
  • Parcel #: BOOT-000006R-000014-A000000
  • Zoning: Commercial Corridor

Tax Info

  • Tax Annual Amount: 1569.76
  • Tax Book Number: 578
  • Tax Lot: 14-A
  • Tax Map Number: R-6
  • Tax Year: 23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2023
Closed on
Jan 17, 2024
Sold by
Spofford Marie D Est and Randlett
Bought by
Dev Raam M
Seller's Agent
Emilie Hawke
Tindal & Callahan Real Estate
Buyer's Agent
Jonathan Tindal
Tindal & Callahan Real Estate
List Price
$450,000
Sold Price
$330,000
Premium/Discount to List
-$120,000
-26.67%
Views
1
Current Estimated Value
$390,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,471
Avg. Annual Appreciation
6.88%
Original Mortgage
$231,000
Outstanding Balance
$228,262
Interest Rate
7.03%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$138,544
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
Dev Raam M $330,000 None Available
Dev Raam M $330,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dev Raam M $231,000
Closed Dev Raam M $231,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2024 01/17/24 Sold $330,000 -26.7% $286 / Sq Ft
11/19/2023 11/19/23 Pending -- -- --
04/13/2023 04/13/23 For Sale $450,000 -- $391 / 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 $1,773 $156,195 $46,100 $110,095
2023 $1,570 $156,195 $46,100 $110,095
2022 $1,453 $156,195 $46,100 $110,095
2021 $1,492 $156,195 $46,100 $110,095
2020 $1,499 $156,195 $46,100 $110,095
2019 $1,476 $156,195 $46,100 $110,095
2018 $1,453 $156,195 $46,100 $110,095
2017 $1,341 $145,800 $30,000 $115,800
2016 $1,283 $145,800 $30,000 $115,800
2015 $1,276 $145,800 $30,000 $115,800
2014 $1,239 $145,800 $30,000 $115,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1556105

Maine Listings

APN: BOOT-000006R-000014-A000000