NOT LISTED FOR SALE

576 Egypt Rd Damariscotta, ME 04543

Estimated Value: $516,932 - $674,000

4 Beds
3 Baths
2,269 Sq Ft
$265/Sq Ft Est. Value

Last Sold August 07, 2024

Last sale price $575,000 $253 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,581/month

7 Days on Market

Highlights

  • Nearby Water Access
  • Public Beach
  • 3.58 Acre Lot
  • Great Salt Bay Community School Rated A
  • View of Trees or Woods
  • Cape Cod Architecture

About This Home

As of August 2024

Classic Cape with attached oversized garage on a quiet back road, close to Pemaquid and Biscay Lake, with a public beach and boat launch. Downtown Damariscotta shopping, dining and amenities are just around the corner. Optional first-floor living. Additional permitted one-bedroom apartment above the garage for guests or extra income.
First showings start June 21st. Open House on Saturday, June 29th from 10:00 to12:00.

Last Agent to Sell the Property

Karen Farnsworth

Keller Williams Realty Listed on: 06/18/2024

Keller Williams Realty

Co-Listed By

Jennifer Wais

Keller Williams Realty

Last Buyer's Agent

S. Curtis Fish

Sharon Drake Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,108

Year Built

  • Built in 1988

Lot Details

  • 3.58 Acre Lot
  • Public Beach
  • Rural Setting
  • Landscaped
  • Level Lot
  • Wooded Lot
  • Property is zoned Rural

Parking

  • 2 Car Direct Access Garage
  • Automatic Garage Door Opener
  • Gravel Driveway
  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,269 Sq Ft Home
  • Double Pane Windows
  • Mud Room
  • Living Room
  • Dining Room
  • Views of Woods
  • Unfinished Basement
  • Interior Basement Entry
  • Storm Doors

Kitchen

  • Electric Range
  • Dishwasher
  • Formica Countertops

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • In-Law or Guest Suite
  • 3 Full Bathrooms
  • Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Nearby Water Access
  • Patio

Utilities

  • Cooling Available
  • Heating System Uses Oil
  • Heat Pump System
  • Baseboard Heating
  • Natural Gas Not Available
  • Well
  • Septic Design Available
  • Private Sewer
  • Internet Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Community Storage Space

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 40
  • Assessor Parcel Number DAMA-000002-000000-000040

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,108

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 3.58
  • Road Surface Type: Paved
  • Co List Office Phone: 207-879-9800
  • MLS Status: Closed
  • Directions: Heading North on Business 1 turn right on Biscay Road. Drive 2 miles. Take left on Egypt Road. House is 1/10th mile on right.
  • Above Grade Finished Sq Ft: 2269.0
  • Architectural Style: Cape Cod
  • Garage Yn: Yes
  • Year Built: 1988
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Contract Information:List PriceSqFt: 233.14
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 3.58
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2269.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Cooling:Heat Pump3: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Roof:Metal: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Mud Room:Mud Room: Yes
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Location:Rural: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Equipment:Internet Access Available: Yes
  • Property Information:Deed Restrictions: Unknown
  • Water:Well Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Kitchen Countertop:Formica: Yes
  • Sewer:Septic Design Available: Yes
  • Equipment:Cable: Yes
  • Water Info:Island3: No
  • Amenities:In-Law Apartment: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Listing Conditions Real Estate Owned: Yes
  • Advertising Remarks:Advertising Remarks: Classic Cape with attached oversized garage on a quiet back road, close to Pemaquid and Biscay Lake, with a public beach and boat launch. Downtown Damariscotta shopping, dining and amenities are just around the corner. Optional first-floor living. Additional permitted one-bedroom apartment above the garage for guests or extra income. First showings start June 21st. Open House on Saturday, June 29th from 10:00 to12:00.
  • Property Information 2 Detached Houses on 1 Lot: No
  • Door Features Storm Doors: Yes
  • Special Features: 5120

Interior Features

  • Appliances: Washer, Refrigerator, Electric Range, Dryer, Dishwasher
  • Other Equipment: Internet Access Available, Cable
  • Has Basement: Interior, Bulkhead, Unfinished
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Fireplace: No
  • Flooring: Wood, Vinyl, Carpet
  • Interior Amenities: In-Law Apartment, 1st Floor Bedroom, Bathtub, Pantry, Storage
  • Window Features: Double Pane Windows
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Well Landscaped, Level, Wooded, Near Public Beach, Near Shopping, Near Town, Rural
  • View: Trees/Woods
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Patio
  • Roof: Metal
  • Patio And Porch Features:Patio: Yes
  • Window Features:Double Pane Windows: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Auto Door Opener, 5 - 10 Spaces, Gravel, On Site, Inside Entrance, Off Street

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Design Available
  • Utilities: Utilities On
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Schools

  • Junior High Dist: AOS 93

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 155944.8
  • Parcel #: DAMA-000002-000000-000040
  • Zoning: Rural

Tax Info

  • Tax Annual Amount: 4108.0
  • Tax Lot: 40
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2024
Closed on
Aug 7, 2024
Sold by
Cogger Cheryl C
Bought by
Opaleski Krista and Opaleski Philip J
Seller's Agent
Karen Farnsworth
Keller Williams Realty
Buyer's Agent
S. Curtis Fish
Sharon Drake Real Estate, Inc.
List Price
$529,000
Sold Price
$575,000
Premium/Discount to List
$46,000
8.7%
Views
63
Current Estimated Value
$602,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,233
Avg. Annual Appreciation
3.20%
Original Mortgage
$280,000
Outstanding Balance
$276,825
Interest Rate
6.86%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$325,408
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Opaleski Krista $575,000 None Available
Opaleski Krista $575,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Opaleski Krista $280,000
Closed Opaleski Krista $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2024 08/07/24 Sold $575,000 +8.7% $253 / Sq Ft
06/26/2024 06/26/24 Pending -- -- --
06/18/2024 06/18/24 For Sale $529,000 -- $233 / 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 $5,448 $294,500 $54,400 $240,100
2023 $4,609 $294,500 $54,400 $240,100
2022 $4,108 $246,700 $45,700 $201,000
2021 $3,923 $246,700 $45,700 $201,000
2020 $3,947 $246,700 $45,700 $201,000
2019 $3,972 $246,700 $45,700 $201,000
2018 $4,021 $246,700 $45,700 $201,000
2017 $4,152 $246,700 $45,700 $201,000
2016 $4,248 $246,700 $45,700 $201,000
2015 $4,209 $246,700 $45,700 $201,000
2014 $3,898 $246,700 $45,700 $201,000
2013 $3,725 $246,700 $45,700 $201,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1593662

Maine Listings

APN: DAMA-000002-000000-000040