NOT LISTED FOR SALE

574 Main St Unit 119 Damariscotta, ME 04543

Estimated Value: $207,000 - $246,000

2 Beds
1 Bath
1,020 Sq Ft
$290/mo HOA Fee

Last Sold May 10, 2022

Last sale price $164,000 $161 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,655/month

4 Days on Market

Highlights

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

About This Home

As of May 2022

Why rent when you can own your place to call Damariscotta home? Enjoy easy, low maintenance condo living in this two bedroom second floor unit with two decks offering seasonal water views. A great place to simplify your lifestyle or have a second home. Take advantage of the common access trail to the Damariscotta River to launch a kayak or canoe, explore the abutting Whaleback Shell Midden trails or spend summer days relaxing by the pool. Just a few minutes from charming downtown Damariscotta Village with restaurants, coffee shops, theater, library and local retailers. This unit has also had a successful long term rental history.

Last Agent to Sell the Property

Joanne Moore

Legacy Properties Sotheby's International Realty Listed on: 03/29/2022

Legacy Properties Sotheby's International Realty

Co-Listed By

Randall Miller

Legacy Properties Sotheby's International Realty

Legacy Properties Sotheby's International Realty

Last Buyer's Agent

Randall Miller

Legacy Properties Sotheby's International Realty

Legacy Properties Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $881

Year Built

  • Built in 1987

Lot Details

  • River Front
  • Near Conservation Area
  • Landscaped
  • Open Lot

HOA Fees

  • $290 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,020 Sq Ft Home
  • Multi-Level Property
  • Living Room
  • Scenic Vista Views

Kitchen

  • Electric Range
  • Formica Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • 1 Full Bathroom
  • Bathtub

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking

Outdoor Features

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

Location

  • Property is near a golf course
  • City Lot

Utilities

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

Community Details

  • 20 Units
  • Riverwalk Condo Association Subdivision

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number DAMA-000003-000000-000017-000119

Property Details

Home Type

Condominium

Est. Annual Taxes

$881

Year Built

Built in 1987

Lot Details

0

HOA Fees

$290 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
  • Co List Office Mls Id: 2829
  • Co List Office Phone: 207-563-2775
  • MLS Status: Closed
  • Subdivision Name: Riverwalk Condo Association
  • Above Grade Finished Sq Ft: 1020.0
  • 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: 1020.0
  • 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: 290.0
  • Location Information:Fee Frequency Paid: Monthly
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Units in Building: 20
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Roof:Composition2: Yes
  • Style:Multi-Level: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Sewer:Private Sewer: Yes
  • Recreational Water:Nearby: Yes
  • Recreational Water:RiverBrookStream: Yes
  • Kitchen Countertop:Formica: Yes
  • View:Scenic: Yes
  • Recreational Water:Waterfront Tidal: Yes
  • Location:Abuts Conservation: 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: 2
  • Fireplace: No
  • Interior Amenities: Bathtub
  • Bedroom 2 Level: Second
  • Kitchen Kitchen Level: Second
  • Living Room Living Room Level: Second
  • Primary Bedroom Primary Bedroom Level: Second

Exterior Features

  • Lot Features: Level, Open Lot, Landscaped, Abuts Conservation, Intown, Near Golf Course, Near Shopping, Near Town
  • Pool Features: In Ground
  • View: Scenic
  • Waterfront Features: River
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 21+ Spaces, Paved, Common

Utilities

  • Security: Fire System
  • 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: 290.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 137649.6
  • Parcel #: DAMA-000003-000000-000017-000119
  • Zoning: C2

Multi Family

  • Number Of Units In Community: 20

Tax Info

  • Tax Annual Amount: 881.0
  • Tax Book Number: 4879
  • Tax Lot: 17
  • Tax Map Number: 3
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2022
Closed on
Apr 11, 2022
Sold by
Riverwalk Realty Llc
Bought by
Moore Robert L
Seller's Agent
Joanne Moore
Legacy Properties Sotheby's International Realty
Buyer's Agent
Randall Miller
Legacy Properties Sotheby's International Realty
List Price
$159,500
Sold Price
$164,000
Premium/Discount to List
$4,500
2.82%
Current Estimated Value
$226,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,718
Avg. Annual Appreciation
13.11%
Original Mortgage
$52,461
Interest Rate
3.85%
Mortgage Type
Purchase Money Mortgage
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
Moore Robert L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Freker John $715,000
Closed Moore Robert L $52,461
Previous Owner Riverwalk Realty Llc $312,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2022 05/10/22 Sold $164,000 +2.8% $161 / Sq Ft
04/03/2022 04/03/22 Pending -- -- --
03/29/2022 03/29/22 For Sale $159,500 -- $156 / 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 $2,066 $132,000 $35,800 $96,200
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

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Map

Source: Maine Listings

MLS Number: 1522992

Maine Listings

APN: DAMA-000003-000000-000017-000119