NOT LISTED FOR SALE

574 Main St Unit 120 Damariscotta, ME 04543

Estimated Value: $218,262 - $269,000

2 Beds
1 Bath
860 Sq Ft
$283/Sq Ft Est. Value

Last Sold October 22, 2024

Last sale price $232,500 $270 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,688/month

25 Days on Market

Highlights

  • Nearby Water Access
  • In Ground Pool
  • Deck
  • Great Salt Bay Community School Rated A
  • 3.16 Acre Lot
  • Main Floor Bedroom

About This Home

As of October 2024

The perfect place to downsize and enjoy a wonderful vacation home. Lovely end unit. Sparkling clear swimming pool. Grounds with beautiful mature landscaping. Turnkey property. Condo features 2 brand new (8/24) high end quiet Mitsubishi heat pumps installed to cut heating and cooling costs, recent paint throughout, 2 energy efficient vinyl sliders (installed 2021) onto 2 outdoor decks, Mysa Programmable thermostats, LG over-the-range microwave, smooth top range, energy efficient Rheem hot water heater, newer laminate flooring and carpet throughout. Washer & dryer possible. Pleasant views from all windows. Access to hiking trails along the Damariscotta River. Excellent location to nearby amenities: downtown Damariscotta shops, eateries, grocery store, hardware stores, hiking preserves & water sports (kayaking, canoeing, etc) Can be lived in year-round or as a second home seasonally and weekends.

Last Agent to Sell the Property

Debby Schling

Blue Lobster Real Estate Brokerage Phone: 207-563-1003 Listed on: 08/27/2024

Co-Listed By

Jane Gravel

Blue Lobster Real Estate Brokerage Phone: 207-563-1003

Last Buyer's Agent

Debby Schling

Drum & Drum Real Estate Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,033

Year Built

  • Built in 1987

Lot Details

  • Sloped Lot

HOA Fees

  • $325 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Clap Board Siding
  • Vinyl Siding
  • Clapboard

Interior Spaces

  • 860 Sq Ft Home
  • Living Room

Kitchen

  • Electric Range
  • Microwave

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Parking

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

Outdoor Features

  • In Ground Pool
  • Nearby Water Access
  • Deck

Utilities

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

Community Details

  • 21 Units

Listing and Financial Details

  • Tax Lot 17-120
  • Assessor Parcel Number DAMA-000003-000000-000017-000120

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,033

Year Built

Built in 1987

Lot Details

0

HOA Fees

$325 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 Phone: 207-563-1003
  • 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: 860.0
  • Architectural Style: Other
  • Garage Yn: No
  • Structure Type: Townhouse
  • Year Built: 1987
  • Attribution Contact: 207-563-1003
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Contract Information:List PriceSqFt: 275.58
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 3.16
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 860.0
  • Property Information:Garage: No
  • Site:Open: 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
  • 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: 325.0
  • Location Information:Fee Frequency Paid: Monthly
  • 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
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Roof:Composition2: Yes
  • Exterior:Clapboard: Yes
  • Parking:On Site2: Yes
  • Exterior:Wood Siding: Yes
  • Recreational Water:Nearby: Yes
  • Basement:Slab2: Yes
  • Site:RollingSloping: Yes
  • Sewer:Septic Existing on Site: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Parking Reserved Parking: No
  • Advertising Remarks:Advertising Remarks: Contact Debby Schling at (207) 380-4511 to visit this offering... The perfect place to downsize and enjoy a wonderful vacation home. Lovely end unit. Sparkling clear swimming pool. Grounds with beautiful mature landscaping. Turnkey property. Condo features 2 brand new (8/24) high end quiet Mitsubishi heat pumps installed to cut heating and cooling costs, recent paint throughout, 2 energy efficient vinyl sliders (installed 2021) onto 2 outdoor decks, Mysa Programmable thermostats, LG over-the-range microwave, smooth top range, energy efficient Rheem hot water heater, newer laminate flooring and carpet throughout. Washer & dryer possible. Pleasant views from all windows. Access to hiking trails along the Damariscotta River. Excellent location to nearby amenities: downtown Damariscotta shops, eateries, grocery store, hardware stores, hiking preserves & water sports (kayaking, canoeing, etc) Can be lived in year-round or as a second home seasonally and weekends.
  • Structure Type:Townhouse: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator, Microwave, Electric Range
  • Has Basement: Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Vinyl, Laminate, Carpet
  • Bedroom 2 Level: Second
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Rolling/Sloping, Open, Near Shopping, Near Town
  • Pool Features: In Ground
  • Waterfront: No
  • Construction Type: Wood Siding, Vinyl Siding, Clapboard, 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: Paved, Common, On Site

Utilities

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

Condo/Co-op/Association

  • Association Fee: 325.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 137649.6
  • Parcel #: DAMA-000003-000000-000017-000120
  • Zoning: Residential

Multi Family

  • Number Of Units In Community: 21

Tax Info

  • Tax Annual Amount: 1033.0
  • Tax Lot: 17-120
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2024
Closed on
Jun 21, 2024
Sold by
Sieb Lucas R
Bought by
Mccann Dorothy and Mcdevitt James
Seller's Agent
Claudia Orff-Reed
Orff Realty Corp
Buyer's Agent
Debby Schling
Drum & Drum Real Estate Inc.
List Price
$230,000
Sold Price
$215,000
Premium/Discount to List
-$15,000
-6.52%
Views
201
Current Estimated Value
$243,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,566
Avg. Annual Appreciation
8.22%

Purchase Details

Closed on
Sep 16, 2021
Sold by
Sieb Robert D and Sieb Margaret M
Bought by
Sieb Lucas R

Purchase Details

Listed on
Feb 28, 2019
Closed on
May 22, 2019
Sold by
Leblanc Judith
Bought by
Sieb Robert D and Sieb Margaret M
Seller's Agent
Sigrid Sproul
Sigrid & Associates LLC Real Estate
Buyer's Agent
Sigrid Sproul
ERA Excel
List Price
$109,400
Sold Price
$102,000
Premium/Discount to List
-$7,400
-6.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.96%

Purchase Details

Listed on
Nov 12, 2015
Closed on
Mar 14, 2016
Sold by
Rothschild Diane F
Bought by
Leblanc Judith
Seller's Agent
Tracie Pooley
RE/MAX JARET & COHN
Buyer's Agent
Christopher Dilts
Keller Williams Realty
List Price
$87,000
Sold Price
$71,500
Premium/Discount to List
-$15,500
-17.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.74%
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mccann Dorothy $215,000 None Available
Mccann Dorothy $215,000 None Available
Sieb Lucas R -- None Available
Sieb Lucas R -- None Available
Sieb Robert D -- --
Sieb Robert D -- --
Leblanc Judith -- --
Leblanc Judith -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/22/2024 10/22/24 Sold $232,500 -1.9% $270 / Sq Ft
09/21/2024 09/21/24 Pending -- -- --
08/27/2024 08/27/24 For Sale $237,000 +10.2% $276 / Sq Ft
06/21/2024 06/21/24 Sold $215,000 -2.2% $250 / Sq Ft View Prior Sale
06/09/2024 06/09/24 Pending -- -- --
04/17/2024 04/17/24 Price Changed $219,900 -4.4% $256 / Sq Ft
03/26/2024 03/26/24 For Sale $230,000 +125.5% $267 / Sq Ft
05/24/2019 05/24/19 Sold $102,000 -6.8% $134 / Sq Ft View Prior Sale
04/09/2019 04/09/19 Pending -- -- --
02/28/2019 02/28/19 For Sale $109,400 +53.0% $143 / Sq Ft
03/11/2016 03/11/16 Sold $71,500 -17.8% $94 / Sq Ft View Prior Sale
02/05/2016 02/05/16 Pending -- -- --
11/12/2015 11/12/15 For Sale $87,000 +20.8% $114 / Sq Ft
02/15/2013 02/15/13 Sold $72,000 -5.1% $94 / Sq Ft View Prior Sale
01/30/2013 01/30/13 Pending -- -- --
07/19/2012 07/19/12 For Sale $75,900 -- $99 / 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

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1601741

Maine Listings

APN: DAMA-000003-000000-000017-000120