NOT LISTED FOR SALE

574 Main St Unit 114 Damariscotta, ME 04543

Estimated Value: $246,283 - $294,000

2 Beds
1 Bath
1,124 Sq Ft
$238/Sq Ft Est. Value

Last Sold February 21, 2024

Last sale price $235,000 $209 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,840/month

67 Days on Market

Highlights

  • Nearby Water Access
  • In Ground Pool
  • 3.16 Acre Lot
  • Great Salt Bay Community School Rated A-
  • River Front
  • Deck

About This Home

As of February 2024

Extensively remodeled and expanded, this Unit is the largest in the community. An end unit, with its own direct access storage space, expanded living area, gutted and enlarged kitchen area, new appliances, added windows, new wool carpeting, 2 new heat pumps and more. The perfect place to downsize or enjoy a vacation home without worry. Views of the Damariscotta River, hiking trails and an in-ground swimming pool for seasonal use. Turnkey property.

Last Agent to Sell the Property

Debby Schling

Newcastle Realty Brokerage Phone: 207-563-1003 Listed on: 11/01/2023

Last Buyer's Agent

Debby Schling

Drum & Drum Real Estate Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $922

Year Built

  • Built in 1987

Lot Details

  • River Front
  • Open Lot

HOA Fees

  • $327 Monthly HOA Fees

Home Design

  • Concrete Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,124 Sq Ft Home
  • Living Room
  • Water Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking
  • On-Site Parking
  • Reserved Parking

Outdoor Features

  • In Ground Pool
  • Nearby Water Access
  • Balcony
  • Deck

Utilities

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

Listing and Financial Details

  • Tax Lot 17-114
  • Assessor Parcel Number DAMA-000003-000000-000017-000114

Community Details

Overview

  • 2 Buildings
  • 21 Units

Amenities

  • Community Storage Space

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$922

Year Built

Built in 1987

Lot Details

0

HOA Fees

$327 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 3.16
  • Road Surface Type: Paved
  • Water Body Name: Damariscotta
  • MLS Status: Closed
  • Directions: Business Route 1A North from downtown Damariscotta. Riverwalk Condominium Community is 4/10 of a mile north of Biscay Road on the left.
  • Above Grade Finished Sq Ft: 1124.0
  • Architectural Style: Townhouse
  • Garage Yn: No
  • Year Built: 1987
  • Attribution Contact: 207-563-1003
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 3.16
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 1124.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Amenities:Pool-In Ground: Yes
  • Amenities:Storage: Yes
  • Location Information:Association Fee: 327.0
  • 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
  • Cooling:Heat Pump3: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Kitchen Amenities:Island: Yes
  • Living Room:Living Room: Yes
  • Room Features:Island2: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Roof:Composition2: Yes
  • Parking:On Site2: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Sewer:Private Sewer: Yes
  • Recreational Water:Nearby: Yes
  • Basement:Slab2: Yes
  • Sewer:Septic Existing on Site: Yes
  • Room Features:BalconyDeck17: Yes
  • Condominium:Total Units4: 22
  • Condominium:_pound_ of Buildings: 2
  • Style:Townhouse: Yes
  • Bedroom Amenities 2:BalconyDeck2: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Parking Reserved Parking: Yes
  • Parking Reserved Parking Spaces: 1
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 2
  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher
  • Has Basement: Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: Bathtub, Storage
  • Bedroom 2 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 Shopping, Near Town
  • Pool Features: In Ground
  • Waterfront Features: River
  • Waterfront: No
  • Construction Type: Wood Siding, Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter, Slab
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved, Common, On Site

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 327.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 137649.6
  • Parcel #: DAMA-000003-000000-000017-000114
  • Zoning: C1/Rur/SL

Multi Family

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

Tax Info

  • Tax Annual Amount: 922.0
  • Tax Book Number: 5394
  • Tax Lot: 17-114
  • Tax Map Number: 3
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2023
Closed on
Jan 20, 2024
Sold by
Garrigue Matthew and Mccann Mary A
Bought by
Bargeron Carol L
Seller's Agent
Debby Schling
Newcastle Realty
Buyer's Agent
Debby Schling
Drum & Drum Real Estate Inc.
List Price
$249,000
Sold Price
$235,000
Premium/Discount to List
-$14,000
-5.62%
Views
3
Current Estimated Value
$267,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,071
Avg. Annual Appreciation
7.96%
Original Mortgage
$188,000
Outstanding Balance
$184,584
Interest Rate
6.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$82,487
Source: Public Records

Range of Values:

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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
Bargeron Carol L -- None Available
Bargeron Carol L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bargeron Carol L $188,000
Closed Bargeron Carol L $188,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/21/2024 02/21/24 Sold $235,000 -5.6% $209 / Sq Ft
01/07/2024 01/07/24 Pending -- -- --
11/01/2023 11/01/23 For Sale $249,000 +122.3% $222 / Sq Ft
06/14/2019 06/14/19 Sold $112,000 -2.6% $110 / Sq Ft View Prior Sale
05/03/2019 05/03/19 Pending -- -- --
05/01/2019 05/01/19 For Sale $115,000 -- $113 / 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 -- $54,700 $15,000 $39,700
2013 $826 $54,700 $15,000 $39,700
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2024

    Debby Schling

    Newcastle Realty

    (207) 380-4511

    21 in this area

    86 Total Sales

    Debby Schling
    Section Image
  • Kirstie Ransdell

    Seller's Agent in 2019

    Kirstie Ransdell

    Keller Williams Realty

    (207) 213-5541

    7 in this area

    67 Total Sales

    Kirstie Ransdell
    Section Image
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Map

Source: Maine Listings

MLS Number: 1576382

Maine Listings

APN: DAMA-000003-000000-000017-000114

Maine Lincoln County Damariscotta 04543

574 Main St Unit 114, Damariscotta, ME

This home is located at 574 Main St Unit 114, Damariscotta, ME 04543 since 01 November 2023 and is currently estimated at $267,071, approximately $237 per square foot. This property was built in 1987. 574 Main St Unit 114 is a home located in Lincoln County with nearby schools including Great Salt Bay Community School, Damariscotta Montessori School, and Lincoln Academy.

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