NOT LISTED FOR SALE

574 Main St Unit 110 Damariscotta, ME 04543

Estimated Value: $183,000 - $232,350

1 Bed
1 Bath
620 Sq Ft
$155/mo HOA Fee

Last Sold August 20, 2021

Last sale price $115,000 $185 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $1,402/month

1 Day on Market

Highlights

  • Access to Tidal Water
  • In Ground Pool
  • View of Trees or Woods
  • Great Salt Bay Community School Rated A-
  • River Front
  • Deck

About This Home

As of August 2021

Looking for an affordable place to call Damariscotta home? Enjoy easy and low maintenance condo living in this one bedroom second floor unit. Take advantage of the common access trail to the Damariscotta river to launch a kayak or canoe, explore the Riverlink Trail along the water or spend summer days relaxing by the pool. Just a few minutes from charming downtown Damariscotta village lined with restaurants, coffee shops, theater, library and local retailers. Year round or seasonal.

Last Agent to Sell the Property

Joanne Moore

Legacy Properties Sotheby's International Realty Listed on: 07/21/2021

Legacy Properties Sotheby's International Realty

Last Buyer's Agent

Joanne Moore

Legacy Properties Sotheby's International Realty Listed on: 07/21/2021

Legacy Properties Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $893

Year Built

  • Built in 1987

Lot Details

  • River Front
  • Landscaped
  • Open Lot

HOA Fees

  • $155 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Vertical Siding

Interior Spaces

  • 620 Sq Ft Home
  • Multi-Level Property
  • Living Room
  • Views of Woods

Kitchen

  • Electric Range
  • Formica Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub
  • Shower Only

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking

Outdoor Features

  • In Ground Pool
  • Access to Tidal Water
  • Nearby Water Access
  • River Nearby
  • Deck

Location

  • Property is near a golf course

Utilities

  • No Cooling
  • Baseboard Heating
  • Natural Gas Not Available
  • Electric Water Heater
  • Private Sewer
  • Internet Available

Community Details

  • 22 Units
  • Riverwalk Condo Association Subdivision

Listing and Financial Details

  • Legal Lot and Block 110 / 17
  • Assessor Parcel Number DAMA-000003-000000-000017-000110

Property Details

Home Type

Condominium

Est. Annual Taxes

$893

Year Built

Built in 1987

Lot Details

0

HOA Fees

$155 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 3.16
  • Road Surface Type: Paved
  • Water Body Name: Damariscotta River
  • MLS Status: Closed
  • Subdivision Name: Riverwalk Condo Association
  • Above Grade Finished Sq Ft: 620.0
  • Architectural Style: Multi-Level, Other Style
  • Garage Yn: No
  • Year Built: 1987
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 3.16
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 620.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Seasonal
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Electric Range: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Amenities:Pool-In Ground: Yes
  • Location Information:Association Fee: 155.0
  • Location Information:Fee Frequency Paid: Monthly
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Units in Building: 22
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Shower: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Style:Multi-Level: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Sewer:Private Sewer: Yes
  • Recreational Water:Nearby: Yes
  • Recreational Water:RiverBrookStream: Yes
  • View:TreesWoods: Yes
  • Kitchen Countertop:Formica: Yes
  • Recreational Water:Waterfront Tidal: Yes
  • Exterior:Vertical Siding: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Electric Range
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Interior Amenities: Bathtub, Shower
  • Kitchen Kitchen Level: Second
  • Living Room Living Room Level: Second

Exterior Features

  • Lot Features: Level, Open Lot, Landscaped, Near Golf Course, Near Shopping, Near Town
  • Pool Features: In Ground
  • View: Trees/Woods
  • Waterfront Features: River
  • Waterfront: No
  • Construction Type: Wood Siding, Vertical Siding, Composition, Wood Frame
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved, Common

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 155.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 137649.6
  • Parcel #: DAMA-000003-000000-000017-000110
  • Zoning: Residential

Multi Family

  • Number Of Units In Community: 22

Tax Info

  • Tax Annual Amount: 893.0
  • Tax Block: 17
  • Tax Book Number: 5700
  • Tax Lot: 110
  • Tax Map Number: 3
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2021
Closed on
Aug 20, 2021
Sold by
Moore D Wayne
Bought by
Michael J Bove Ret
Seller's Agent
Joanne Moore
Legacy Properties Sotheby's International Realty
Buyer's Agent
Joanne Moore
Legacy Properties Sotheby's International Realty
List Price
$120,000
Sold Price
$115,000
Premium/Discount to List
-$5,000
-4.17%
Current Estimated Value
$205,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,588
Avg. Annual Appreciation
18.90%

Purchase Details

Closed on
Apr 20, 2021
Sold by
Riverwalk Realty Llc
Bought by
Moore D Wayne
Source: Public Records

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
Michael J Bove Ret -- None Available
Moore D Wayne -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Riverwalk Realty Llc $312,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2021 08/20/21 Sold $115,000 -4.2% $185 / Sq Ft
07/23/2021 07/23/21 Pending -- -- --
07/21/2021 07/21/21 For Sale $120,000 -- $194 / 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 $1,221 $66,000 $17,900 $48,100
2023 $1,033 $66,000 $17,900 $48,100
2022 $922 $55,400 $15,000 $40,400
2021 $881 $55,400 $15,000 $40,400
2020 $893 $55,800 $15,000 $40,800
2019 $881 $54,700 $15,000 $39,700
2018 $892 $54,700 $15,000 $39,700
2017 $921 $54,700 $15,000 $39,700
2016 $942 $54,700 $15,000 $39,700
2015 $933 $54,700 $15,000 $39,700
2014 $864 $54,700 $15,000 $39,700
2013 -- $54,700 $15,000 $39,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1501613

Maine Listings

APN: DAMA-000003-000000-000017-000110