NOT LISTED FOR SALE

584 Main St Damariscotta, ME 04543

Estimated Value: $418,000 - $604,000

3 Beds
1 Bath
2,224 Sq Ft
$220/Sq Ft Est. Value

Last Sold December 18, 2019

Last sale price $225,000 $101 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $3,082/month

85 Days on Market

Highlights

  • Scenic Views
  • 2.42 Acre Lot
  • Deck
  • Great Salt Bay Community School Rated A
  • Cape Cod Architecture
  • Wood Flooring

About This Home

As of December 2019

Great location on Business Rte 1 for residential or commercial use. Building has been used most recently as headquarters for the Pemaquid Watershed Association, but retains its residential structure. 8 rooms and 2 full baths. ROW through adjacent commercial parking lot to access a parking lot behind the building. 2.4 acres includes a field running rear of building to Rte 1. Additional buildings possible. There will be a view easement placed on the lower portion of the field. Public Water. Price reflects allowance for hook up to public sewer with plan in place.

Last Agent to Sell the Property

Katherine Leeman

Legacy Properties Sotheby's International Realty Listed on: 07/29/2019

Legacy Properties Sotheby's International Realty

Last Buyer's Agent

Jonathan Stormont

Newcastle Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1954

Lot Details

  • 2.42 Acre Lot
  • Landscaped
  • Open Lot
  • Lot Has A Rolling Slope
  • Property is zoned C2

Parking

  • 2 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Gravel Driveway
  • Off-Street Parking

Home Design

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

Interior Spaces

  • 2,224 Sq Ft Home
  • Built-In Features
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Library
  • Scenic Vista Views
  • Home Security System
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub
  • Shower Only

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Sewer Not Available
  • Internet Available

Additional Features

  • Deck
  • Pasture

Community Details

  • No Home Owners Association
  • Community Storage Space

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number DAMA-000003-000000-000020

Home Details

Home Type

Single Family

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.42
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From the center of Damariscotta, take Business Rte 1 west approximately 1.6 mi. House is on the left.
  • Above Grade Finished Sq Ft: 2224.0
  • Architectural Style: Cape
  • Garage Yn: Yes
  • Year Built: 1954
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 89.93
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 2.42
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 2224.0
  • Property Information:Garage: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Electric Range: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Security System: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Amenities:Walk-in Closets: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Living Room:Living Room: Yes
  • Room Features:Eat-in Kitchen2: Yes
  • Room Features:Walk-in Closet17: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Amenities:Bathtub: Yes
  • Living Room Amenities:Wood Burning Fireplace14: Yes
  • Room Features:Wood Burning Fireplace29: Yes
  • Driveway:Gravel: Yes
  • Equipment:Internet Access Available: Yes
  • Site:RollingSloping: Yes
  • Vehicle Storage:Storage Above: Yes
  • View:Scenic: Yes
  • View:Fields: Yes
  • Sewer:None4: Yes
  • Site:PastureField: Yes
  • Laundry Room:Laundry Room: Yes
  • Room Features:Built-Ins30: Yes
  • Library:Library: Yes
  • Bedroom Amenities 2:Walk-in Closet2: Yes
  • Bedroom 1 Amenities:Walk-in Closet: Yes
  • Library Amenities:Built-Ins12: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Advertising Remarks:Advertising Remarks: Great location on Business Rte 1 for residential or commercial use. Building has been used most recently as headquarters for the Pemaquid Watershed Association, but retains its residential structure. 8 rooms and 2 full baths. ROW through adjacent commercial parking lot to access a parking lot behind the building. 2.4 acres includes a field running rear of building to Rte 1. Additional buildings possible. There will be a view easement placed on the lower portion of the field. Public Water. Price reflects allowance for hook up to public sewer with plan in place.
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Electric Range, Dishwasher
  • Has Basement: Walk-Out Access, Full, Interior Entry, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Walk-in Closets, 1st Floor Bedroom, Bathtub, Shower, Storage
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First
  • Bedroom 1:Bedroom 1 Level: Second
  • Laundry Room Laundry Room Level: First

Exterior Features

  • Lot Features: Open Lot, Rolling Slope, Landscaped, Pasture, Near Shopping, Near Town
  • View: Fields, Scenic
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: 21+ Spaces, Gravel, Paved, Inside Entrance, Off Street, Storage

Utilities

  • Security: Security System
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: None
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 105415.2
  • Parcel #: DAMA-000003-000000-000020
  • Zoning: C2

Tax Info

  • Tax Lot: 20
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2019
Closed on
Dec 17, 2019
Sold by
Coastal Rivers Conserv T
Bought by
Francis Sandra
Seller's Agent
Katherine Leeman
Legacy Properties Sotheby's International Realty
Buyer's Agent
Jonathan Stormont
Newcastle Realty
List Price
$250,000
Sold Price
$225,000
Premium/Discount to List
-$25,000
-10%
Current Estimated Value
$489,073

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,073
Avg. Annual Appreciation
13.69%
Original Mortgage
$220,924
Outstanding Balance
$194,776
Interest Rate
3.6%
Mortgage Type
FHA
Estimated Equity
$294,297

Purchase Details

Closed on
Mar 31, 2016
Sold by
Levitan Howard J and Levitan Rebecca A
Bought by
Pemaquid Watershed Assn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,625
Interest Rate
3.65%
Mortgage Type
New Conventional
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
Francis Sandra -- None Available
Pemaquid Watershed Assn -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Francis Sandra $220,924
Previous Owner Pemaquid Watershed Assn $155,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2019 12/18/19 Sold $225,000 -10.0% $101 / Sq Ft
10/23/2019 10/23/19 Pending -- -- --
07/29/2019 07/29/19 For Sale $250,000 -- $112 / 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 $6,297 $340,400 $82,600 $257,800
2023 $5,327 $340,400 $82,600 $257,800
2022 $4,749 $285,200 $69,400 $215,800
2021 $4,535 $285,200 $69,400 $215,800
2020 $4,563 $285,200 $69,400 $215,800
2019 $4,592 $285,200 $69,400 $215,800
2018 $4,649 $285,200 $69,400 $215,800
2017 $4,800 $285,200 $69,400 $215,800
2016 $4,911 $285,200 $69,400 $215,800
2015 $4,866 $285,200 $69,400 $215,800
2014 $4,506 $285,200 $69,400 $215,800
2013 $4,307 $285,200 $69,400 $215,800
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2019

    Katherine Leeman

    Legacy Properties Sotheby's International Realty

    (207) 504-6866

    6 in this area

    43 Total Sales

    Katherine Leeman
    Section Image

  • J

    Buyer's Agent in 2019

    Jonathan Stormont

    Newcastle Realty

See All Agents

Map

Source: Maine Listings

MLS Number: 1426896

Maine Listings

APN: DAMA-000003-000000-000020

Maine Lincoln County Damariscotta 04543

584 Main St, Damariscotta, ME

Not Listed for Sale

Detached

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