NOT LISTED FOR SALE

574 Main St Unit 112 Damariscotta, ME 04543

Estimated Value: $135,649 - $203,000

1 Bed
1 Bath
620 Sq Ft
$288/Sq Ft Est. Value

Last Sold September 18, 2020

Last sale price $80,000 $129 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $1,228/month

28 Days on Market

Highlights

  • Access to Tidal Water
  • In Ground Pool
  • Deck
  • Great Salt Bay Community School Rated A-
  • Scenic Views
  • Bathtub

About This Home

As of September 2020

Looking for an easy and affordable way to call Maine home? Riverwalk Condominium Association is your answer! Enjoy easy and project-free living in this freshly painted and newly carpeted second floor condo unit in Damariscotta. This immaculate one bedroom unit is just what you've been looking for. Just minutes to downtown Damariscotta and Newcastle gives you access to retail shopping and fabulous restaurants. Hop in the car and 20 minutes down the peninsula has you enjoying a day at Pemaquid Beach. Easy access to Route 1 to explore points north and south or keep things simple and spend your summer days by the pool or take advantage of the common waterfront access to the Damariscotta river just few steps away. Year-round or seasonal use...this place has you covered. Don't let this opportunity pass you by. Come take a look for yourself...you won't be disappointed!

Last Agent to Sell the Property

Tyson Soule

Vitalius Real Estate Group, LLC Brokerage Phone: 8886998876 Listed on: 07/13/2020

Last Buyer's Agent

Laura Blake

Newcastle Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $881

Year Built

  • Built in 1987

Lot Details

  • Landscaped
  • Land Lease

HOA Fees

  • $130 Monthly HOA Fees

Home Design

  • Split Foyer
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 620 Sq Ft Home
  • 1-Story Property
  • Scenic Vista Views

Kitchen

  • Electric Range
  • Microwave
  • Formica Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Parking

  • Driveway
  • Paved Parking

Outdoor Features

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

Utilities

  • Cooling Available
  • Zoned Heating
  • Heat Pump System
  • Baseboard Heating
  • Natural Gas Not Available
  • Electric Water Heater
  • Septic System
  • Private Sewer

Community Details

  • 2 Buildings
  • 21 Units

Listing and Financial Details

  • Legal Lot and Block 112 / 17
  • Assessor Parcel Number 574MainStreetUnit112Damariscotta04543

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$881

Year Built

Built in 1987

Lot Details

0

HOA Fees

$130 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 3.16
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: yes
  • Directions: Business Route 1A north from downtown Damariscotta. Property is 4/10 of a mile north of intersection of Biscay Road and Main on the left.
  • Above Grade Finished Sq Ft: 620.0
  • Architectural Style: Split Entry, Townhouse
  • Garage Yn: No
  • Year Built: 1987
  • Attribution Contact: 8886998876
  • Location Information:Leased Land: Yes
  • 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:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: 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: 130.0
  • Location Information:Fee Frequency Paid: Monthly
  • Foundation Materials:Slab: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Units in Building: 21
  • Water Heater:Electric2: Yes
  • Amenities:One-Floor Living: Yes
  • Amenities:Shower: Yes
  • Gas:No Gas: Yes
  • Heat System:Multi-Zones: Yes
  • Amenities:Bathtub: Yes
  • Sewer:Private Sewer: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Basement:Slab2: Yes
  • Sewer:Septic Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Kitchen Countertop:Formica: Yes
  • View:Scenic: Yes
  • View:Fields: Yes
  • Recreational Water:Waterfront Tidal: Yes
  • Condominium:Total Units4: 22
  • Condominium:_pound_ of Buildings: 2
  • Style:Split Entry: Yes
  • Style:Townhouse: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: None

Interior Features

  • Number Of Buildings: 2
  • Appliances: Refrigerator, Microwave, Electric Range
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Interior Amenities: Bathtub, One-Floor Living, Shower

Exterior Features

  • Lot Features: Landscaped, Near Shopping, Near Town
  • Pool Features: In Ground
  • View: Fields, Scenic
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Slab
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Security: Fire System
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Multi-Zones, Heat Pump, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 130.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: Yes
  • Lot Size Sq Ft: 137649.6
  • Parcel #: 574MainStreetUnit112Damariscotta04543
  • Zoning: C-2

Multi Family

  • Number Of Units In Community: 21
  • Number Of Units Total: 22

Tax Info

  • Tax Annual Amount: 881.0
  • Tax Block: 17
  • Tax Book Number: 5173
  • Tax Lot: 112
  • Tax Map Number: 3
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2020
Closed on
Sep 18, 2020
Sold by
Collins James R
Bought by
Bohn Sarah A
Seller's Agent
Tyson Soule
Vitalius Real Estate Group, LLC
Buyer's Agent
Laura Blake
Newcastle Realty
List Price
$95,000
Sold Price
$80,000
Premium/Discount to List
-$15,000
-15.79%
Current Estimated Value
$178,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,662
Avg. Annual Appreciation
18.64%

Purchase Details

Listed on
May 5, 2017
Closed on
Aug 30, 2017
Sold by
Collins Edwin A and Collins Mary M
Bought by
Collins James R
Seller's Agent
Jacque Holland
Farrin Properties
Buyer's Agent
Wayne Farrin
Black Duck Realty
List Price
$84,900
Sold Price
$70,000
Premium/Discount to List
-$14,900
-17.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.45%

Purchase Details

Listed on
Jul 17, 2012
Closed on
Dec 31, 2014
Sold by
First Na
Bought by
Collins Mary M and Collins Edwin A
Seller's Agent
Kirstie Ransdell
Newcastle Realty
Buyer's Agent
Kirstie Ransdell
Newcastle Realty
List Price
$64,900
Sold Price
$56,000
Premium/Discount to List
-$8,900
-13.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.79%
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
Bohn Sarah A -- None Available
Collins James R -- --
Collins Mary M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bohn Sarah A $44,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2020 09/18/20 Sold $80,000 -15.8% $129 / Sq Ft
08/11/2020 08/11/20 Pending -- -- --
07/13/2020 07/13/20 For Sale $95,000 +35.7% $153 / Sq Ft
08/25/2017 08/25/17 Sold $70,000 -17.6% $113 / Sq Ft
07/28/2017 07/28/17 Pending -- -- --
05/05/2017 05/05/17 For Sale $84,900 +51.6% $137 / Sq Ft
12/31/2014 12/31/14 Sold $56,000 -13.7% $90 / Sq Ft
12/18/2014 12/18/14 Pending -- -- --
07/19/2012 07/19/12 For Sale $64,900 -- $105 / 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 $826 $54,700 $15,000 $39,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1460157

Maine Listings

APN: DAMA-000003-000000-000017-000112