NOT LISTED FOR SALE

57 Meadow Cove Rd Boothbay, ME 04537

Estimated Value: $1,014,000 - $2,229,000

3 Beds
3.5 Baths
3,636 Sq Ft
$445/Sq Ft Est. Value

Last Sold December 01, 2016

Last sale price $1,000,000 $275 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $9,801/month

14 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Docks
  • Finished Room Over Garage
  • 274 Feet of Waterfront
  • Country Club
  • Deck

About This Home

As of December 2016

Elegant waterfront home on stunning Meadow Cove! One-floor living with the utmost attention to luxury and detail. Chef's kitchen, en-suite master bedroom with gas fireplace and views of the cove from every room. Spacious guest apartment over the expansive garage that will hold several cars and your rv or boat! Large screened porch, dock and mooring, and generator.

Last Agent to Sell the Property

Dennis Gleason

Legacy Properties Sotheby's International Realty Listed on: 09/06/2016

Legacy Properties Sotheby's International Realty

Co-Listed By

Linda Painter

Legacy Properties Sotheby's International Realty

Last Buyer's Agent

Karen Perkins

Tindal & Callahan Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,507

Year Built

  • Built in 2003

Lot Details

  • 1.05 Acre Lot
  • 274 Feet of Waterfront
  • Ocean Front
  • River Front
  • Street terminates at a dead end
  • Landscaped
  • Level Lot
  • Open Lot
  • Property is zoned Shoreland

Property Views

  • Water
  • Scenic Vista

Home Design

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

Interior Spaces

  • 3,636 Sq Ft Home
  • Cathedral Ceiling
  • Gas Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • 2 Fireplaces
  • Home Office
  • Screened Porch

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Bedroom Suite
  • In-Law or Guest Suite
  • Bathtub
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Direct Access Garage
  • Finished Room Over Garage
  • Parking Storage or Cabinetry
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Deeded Waterfront Access Rights
  • Access to Tidal Water
  • Deep Water Access
  • Mooring
  • Docks
  • Deck

Location

  • Property is near a golf course

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Gas
  • Radiant Heating System
  • Hot Water Heating System
  • Power Generator
  • Private Water Source
  • Well
  • High-Efficiency Water Heater
  • Septic System
  • Private Sewer
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number BOOT-000008R-000025

Community Details

Recreation

  • Country Club

Additional Features

  • No Home Owners Association
  • Community Storage Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,507

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.05
  • Road Surface Type: Paved
  • Water Body Name: Meadow Cove
  • Co List Office Mls Id: 2829
  • Co List Office Phone: 207-563-2775
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 3636.0
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Efficiency: High Efficiency Water Heater, Double Pane Windows
  • Year Built: 2003
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.05
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 3636.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Amenities:Storage: Yes
  • Kitchen Countertop:Granite: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Amenities:Walk-in Closets: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Full Bath7: Yes
  • Heat System:Multi-Zones: Yes
  • Heat System:Radiant: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Office:Office: Yes
  • Bedroom 1 Amenities:Full Bath: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Recreational Water:Oceanfront: Yes
  • Basement:Slab2: Yes
  • Living Room Amenities:Wood Burning Fireplace14: Yes
  • Roads:Dead End: Yes
  • Water Info:Waterfront Amount -: 274.0
  • Water Info:Water Frontage Owned -: 274.0
  • Recreational Water:Deeded: Yes
  • Recreational Water:Waterfront Deep: Yes
  • Water:Private2: Yes
  • Equipment:Internet Access Available: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Property Information:Deed Restrictions: Unknown
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Equipment:Cable: Yes
  • Vehicle Storage:Storage Above: Yes
  • Living Room Amenities:Cathedral Ceiling5: Yes
  • View:Scenic: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Location:Near Country Club: Yes
  • Recreational Water:Waterfront Tidal: Yes
  • Equipment:Generator: Yes
  • Amenities:In-Law Apartment: Yes
  • Recreational Water:Dock: Yes
  • Bedroom Amenities 2:Full Bath2: Yes
  • Energy Efficiency:High Efficiency Water Heater: Yes
  • Recreational Water:Boat Mooring: Yes
  • Primary Bedroom Amenities:Separate Shower6: Yes
  • Other Room Amenities 1:Above Garage8: Yes
  • Bedroom 1 Amenities:Suite: Yes
  • Primary Bedroom Amenities:Gas Fireplace4: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 2
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher
  • Has Basement: Not Applicable
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Walk-in Closets, 1st Floor Bedroom, Bathtub, In-Law Floorplan, Pantry, Storage, Primary Bedroom w/Bath
  • Bedroom 2 Level: Second
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Level, Open Lot, Landscaped, Near Golf Course, Near Shopping, Neighborhood, Subdivided
  • View: Scenic
  • Waterfront Features: Ocean, River
  • Waterfront: Yes
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Concrete Perimeter, Slab
  • Patio And Porch Features: Deck, Porch, Screened
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: 5 - 10 Spaces, Paved, Garage Door Opener, Inside Entrance, Storage

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiant, Multi-Zones, Hot Water
  • 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: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 45738.0
  • Parcel #: BOOT-000008R-000025
  • Zoning: Shoreland

Tax Info

  • Tax Annual Amount: 10507.0
  • Tax Book Number: 3482
  • Tax Lot: 25
  • Tax Map Number: R8
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2016
Closed on
Dec 5, 2016
Sold by
Mallett Paolillo Ret
Bought by
Colangione Joan H
Seller's Agent
Dennis Gleason
Legacy Properties Sotheby's International Realty
Buyer's Agent
Karen Perkins
Tindal & Callahan Real Estate
List Price
$1,195,000
Sold Price
$1,000,000
Premium/Discount to List
-$195,000
-16.32%
Current Estimated Value
$1,619,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$619,147
Avg. Annual Appreciation
5.66%
Original Mortgage
$600,000
Outstanding Balance
$480,756
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,138,391

Purchase Details

Closed on
May 16, 2005
Sold by
Mallett Ernest J and Paolillo Joanne E
Bought by
Paolillo Mallett Ret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
5.79%
Mortgage Type
Unknown
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
Colangione Joan H -- --
Paolillo Mallett Ret -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colangione Joan H $600,000
Previous Owner Mallett Ernest J $410,000
Previous Owner Mallet Ernest J $100,000
Previous Owner Mallett Ernest J $100,000
Previous Owner Mallett Ernest J $900,000
Previous Owner Mallett Ernest J $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2016 12/01/16 Sold $1,000,000 -16.3% $275 / Sq Ft
09/21/2016 09/21/16 Pending -- -- --
09/06/2016 09/06/16 For Sale $1,195,000 -- $329 / 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 $11,741 $1,034,443 $317,500 $716,943
2023 $10,396 $1,034,443 $317,500 $716,943
2022 $9,620 $1,034,443 $317,500 $716,943
2021 $9,879 $1,034,443 $317,500 $716,943
2020 $9,931 $1,034,443 $317,500 $716,943
2019 $9,775 $1,034,443 $317,500 $716,943
2018 $9,620 $1,034,443 $317,500 $716,943
2017 $11,195 $1,216,800 $393,200 $823,600
2016 $10,708 $1,216,800 $393,200 $823,600
2015 $10,647 $1,216,800 $393,200 $823,600
2014 $12,045 $1,417,100 $524,000 $893,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1281667

Maine Listings

APN: BOOT-000008R-000025