NOT LISTED FOR SALE

62 Elm St Unit 5 Damariscotta, ME 04543

Estimated Value: $293,000 - $366,000

1 Bed
1 Bath
720 Sq Ft
$120/mo HOA Fee

Last Sold November 05, 2013

Last sale price $153,000 $212 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $2,264/month

126 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 130 Feet of Waterfront
  • Colonial Architecture
  • Great Salt Bay Community School Rated A-
  • Scenic Views
  • Deck

About This Home

As of November 2013

Downtown living at its finest! Bright and spacious 1-bedroom condo on the 2nd floor of a lovely old converted colonial. Close to everything Damariscotta has to offer. Limited Damariscotta River views from the deck!

Last Listed By

Jeanette Wordock

Drum & Drum Real Estate Inc. Listed on: 06/07/2013

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,694

Year Built

  • Built in 1850

Lot Details

  • 130 Feet of Waterfront
  • Ocean Front
  • Landscaped

HOA Fees

  • $120 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Clap Board Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 720 Sq Ft Home
  • Furnished
  • Living Room
  • Dining Room
  • Scenic Vista Views
  • Attic
  • Unfinished Basement

Kitchen

  • Electric Range
  • Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary bedroom located on second floor
  • 1 Full Bathroom

Parking

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

Outdoor Features

  • Deeded Waterfront Access Rights
  • River Nearby
  • Deck

Location

  • City Lot

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available

Listing and Financial Details

  • Tax Lot 40
  • Assessor Parcel Number 62Elm Street5Damarisc640

Community Details

Overview

  • 6 Units
  • Coveside Condominiums Subdivision
  • The community has rules related to deed restrictions

Amenities

  • Coin Laundry

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,694

Year Built

Built in 1850

Lot Details

0

HOA Fees

$120 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.45
  • Road Surface Type: Paved
  • Water Body Name: Damariscotta River
  • Co List Office Mls Id: 1453
  • Co List Office Phone: 207-563-1772
  • MLS Status: Closed
  • Subdivision Name: Coveside Condominiums
  • Directions: Business Route 1 to Elm Street. Condo building is on left just beyond parking lot on left.
  • Above Grade Finished Sq Ft: 720.0
  • Architectural Style: Colonial
  • Year Built: 1850
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 0.45
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 720.0
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Carpet: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Location Information:Association Fee: 120.0
  • Location Information:Fee Frequency Paid: Monthly
  • Condominium:Unit Type: Condo
  • Condominium:Units in Building: 6
  • Driveway:Common2: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Roof:Composition2: Yes
  • Exterior:Clapboard: Yes
  • Parking:On Site2: Yes
  • Style:Colonial: Yes
  • Amenities:Attic: Yes
  • Recreational Water:RiverBrookStream: Yes
  • Water Info:Waterfront Amount -: 130.0
  • Recreational Water:Deeded: Yes
  • Dining Room Amenities:Dining Area: Yes
  • Property Information:Deed Restrictions: Yes
  • View:Scenic: Yes
  • Amenities:Furniture Included: Yes
  • Cooling:AC Units: Yes
  • Amenities:Laundry - Coin: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator, Microwave, Electric Range
  • Has Basement: Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Furniture Included, Attic
  • Dining Room Dining Room Level: Second
  • Kitchen Kitchen Level: Second
  • Living Room Living Room Level: Second
  • Primary Bedroom Primary Bedroom Level: Second

Exterior Features

  • Lot Features: Level, Sidewalks, Landscaped, Intown, Near Shopping
  • View: Scenic
  • Waterfront Features: Ocean
  • Waterfront: Yes
  • Construction Type: Clapboard, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved, Common, On Site

Utilities

  • Laundry Features: Laundry - Coin
  • Cooling: A/C Units, Multi Units
  • Cooling Y N: Yes
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 120.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Other Restrictions

Schools

  • Junior High Dist: AOS 93

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 19602.0
  • Parcel #: 62Elm Street5Damarisc640
  • Zoning: Residential

Multi Family

  • Number Of Units In Community: 6

Tax Info

  • Tax Annual Amount: 2694.0
  • Tax Book Number: 4189
  • Tax Lot: 40
  • Tax Map Number: 6
  • Tax Year: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 17, 2018
Sold by
Storer Timothy T
Bought by
Timothy T Storer T
Total Days on Market
126
Current Estimated Value
$330,114

Purchase Details

Closed on
Nov 16, 2016
Sold by
T Phillips and Charbonnet T
Bought by
Storer Timothy T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Outstanding Balance
$77,337
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$268,828

Purchase Details

Listed on
Jun 7, 2013
Closed on
Nov 6, 2013
Sold by
Cheek Ozzie
Bought by
T Charbonnet and Phillips T
Seller's Agent
Jeanette Wordock
Drum & Drum Real Estate Inc.
Buyer's Agent
Bonnie Stone
Drum & Drum Real Estate Inc.
List Price
$159,000
Sold Price
$153,000
Premium/Discount to List
-$6,000
-3.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.36%

Range of Values:

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Average Value
Not Available
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
Timothy T Storer T -- --
Storer Timothy T -- --
T Charbonnet -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Storer Timothy T $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2013 11/05/13 Sold $153,000 -3.8% $213 / Sq Ft
10/15/2013 10/15/13 Pending -- -- --
06/10/2013 06/10/13 For Sale $159,000 -- $221 / 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 $3,661 $197,900 $107,000 $90,900
2023 $3,097 $197,900 $107,000 $90,900
2022 $2,766 $166,100 $90,000 $76,100
2021 $2,641 $166,100 $90,000 $76,100
2020 $2,658 $166,100 $90,000 $76,100
2019 $2,674 $166,100 $90,000 $76,100
2018 $2,707 $166,100 $90,000 $76,100
2017 $2,795 $166,100 $90,000 $76,100
2016 $2,860 $166,100 $90,000 $76,100
2015 $2,834 $166,100 $90,000 $76,100
2014 $2,961 $187,400 $90,000 $97,400
2013 $2,830 $187,400 $90,000 $97,400
Source: Public Records

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Source: Maine Listings

MLS Number: 1096300

Maine Listings

APN: DAMA-000006-000000-000040-000005