$275,000
SOLD JAN 3, 2025

7 H Wave Crest Dr Unit 203 Boothbay, ME 04537

1 Bed
2 Baths
588 Sq Ft
$370/mo HOA Fee

Recently Sold

$468 Per Sq Ft

8% Below List Price

97 Days on Market

Highlights

  • 167 Feet of Waterfront
  • Public Beach
  • Deep Water Access
  • Docks
  • Country Club
  • 1.85 Acre Lot

About This Home

As of January 2025

Want to get away to a 1 bedroom, 2 bath seasonal condominium with water views and a deep-water dock with protected mooring area on Linekin Bay? This is your opportunity! Located in East Boothbay with awesome views and spectacular sunsets. Maybe you want to rent one side and stay in one side. Rent both sides. It's a great land base for boaters. Close to Boothbay Shores and Ocean Point to enjoy waterfront walks and great vistas. East Boothbay offers a General Store, Marina, boat launching ramps and Shipbuilders Park on the Damariscotta River. A great investment!

Last Agent to Sell the Property

Mary Ripley

Tindal & Callahan Real Estate Listed on: 08/09/2024

Last Buyer's Agent

Karen Roberts

Tindal & Callahan Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,531

Year Built

  • Built in 1974

Lot Details

  • 167 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • Property fronts a private road
  • Public Beach
  • Seasonal Access to Property
  • Landscaped
  • Open Lot

HOA Fees

  • $370 Monthly HOA Fees

Property Views

  • Water
  • Scenic Vista

Home Design

  • Concrete Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Vertical Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 588 Sq Ft Home
  • Great Room
  • Laminate Flooring
  • Laundry on main level

Kitchen

  • Microwave
  • Formica Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms
  • Bathtub
  • Shower Only

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking

Outdoor Features

  • Deep Water Access
  • Docks
  • Deck

Location

  • Property is near a golf course

Utilities

  • No Cooling
  • Baseboard Heating
  • Natural Gas Not Available
  • Seasonal Water
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 9-203
  • Assessor Parcel Number 7HWaveCrestDriveBoothbay04544

Community Details

Overview

  • 8 Units
  • Water's Edge On Linekin Bay Subdivision

Recreation

  • Country Club

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,531

Year Built

Built in 1974

Lot Details

0

HOA Fees

$370 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 1.85
  • Road Frontage Type: Private
  • Water Body Name: Linekin Bay
  • MLS Status: Closed
  • Subdivision Name: Water's Edge on Linekin Bay
  • Directions: (From RT-1) Turn right onto ME-27 S 9.6 mi. At the traffic circle, continue straight to stay on ME-27 S 1.1 mi Turn left onto ME-96 E/Ocean Point Rd 4.0 mi. Turn right onto Wave Crest Ln 102 ft Wave Crest Ln.
  • Above Grade Finished Sq Ft: 588.0
  • Architectural Style: Other Style
  • Garage Yn: No
  • Year Built: 1974
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Property Information:Seasonal: Yes
  • Property Information:Lot Size Acres -: 1.85
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 588.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Microwave: Yes
  • Cooling:None3: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Location Information:Association Fee: 370.0
  • Location Information:Fee Frequency Paid: Monthly
  • Roads:Private: Yes
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Rental Allowed: Yes
  • Condominium:Units in Building: 8
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Shower: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Basement:Slab2: Yes
  • Water Info:Waterfront Amount -: 167.0
  • Water Info:Water Frontage Shared -: 167.0
  • Recreational Water:Waterfront Deep: Yes
  • Kitchen Countertop:Formica: Yes
  • Great Room:Great Room: Yes
  • View:Scenic: Yes
  • Location:Near Country Club: Yes
  • Recreational Water:Dock: Yes
  • Water:Seasonal4: Yes
  • Sewer:Quasi-Public: Yes
  • Condominium:Total Units4: 21
  • Exterior:Vertical Siding: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Parking Reserved Parking: No
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Microwave
  • Has Basement: Not Applicable
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Fireplace: No
  • Interior Amenities: Bathtub, Other, Shower
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Level, Open Lot, Landscaped, Near Golf Course, Near Public Beach, Near Shopping, Near Town, Neighborhood
  • View: Scenic
  • Waterfront Features: Bay
  • Waterfront: Yes
  • Construction Type: Wood Siding, Vertical Siding, Wood Frame
  • Foundation Details: Concrete Perimeter, Slab
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 11 - 20 Spaces, Paved, Common

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Quasi-Public, Other
  • Water Source: Public, Seasonal

Condo/Co-op/Association

  • Association Fee: 370.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 80586.0
  • Parcel #: 7HWaveCrestDriveBoothbay04544
  • Zoning: Shoreland

Multi Family

  • Number Of Units In Community: 8
  • Number Of Units Total: 21

Tax Info

  • Tax Annual Amount: 1530.52
  • Tax Book Number: 5538
  • Tax Lot: 9-203
  • Tax Map Number: U-10
  • Tax Year: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2024
Closed on
Jan 3, 2025
Sold by
Olsen Dennis A and Olsen Sharon J
Bought by
Hatfield Larry L and Hatfield Carolyn W
Seller's Agent
Mary Ripley
Tindal & Callahan Real Estate
Buyer's Agent
Karen Roberts
Tindal & Callahan Real Estate
List Price
$299,999
Sold Price
$275,000
Premium/Discount to List
-$24,999
-8.33%
Views
29
Current Estimated Value
$297,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,750
Avg. Annual Appreciation
24.42%
Original Mortgage
$220,000
Outstanding Balance
$219,470
Interest Rate
7.13%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$94,045
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 Type Sale Price Title Company
Warranty Deed $275,000 None Available
Warranty Deed $275,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $220,000 Purchase Money Mortgage
Closed $220,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2025 01/03/25 Sold $275,000 -8.3% $468 / Sq Ft
11/14/2024 11/14/24 Pending -- -- --
08/09/2024 08/09/24 For Sale $299,999 +109.8% $510 / Sq Ft
06/23/2020 06/23/20 Sold $143,000 -4.6% $243 / Sq Ft
06/02/2020 06/02/20 Pending -- -- --
03/26/2020 03/26/20 For Sale $149,900 -- $255 / 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 $1,531 $134,848 $80,000 $54,848
2023 $1,355 $134,848 $80,000 $54,848
2022 $1,254 $134,848 $80,000 $54,848
2021 $1,288 $134,848 $80,000 $54,848
2020 $1,295 $134,848 $80,000 $54,848
2019 $1,274 $134,848 $80,000 $54,848
2018 $1,254 $134,848 $80,000 $54,848
2017 $1,311 $142,500 $90,800 $51,700
2016 $1,254 $142,500 $90,800 $51,700
2015 $1,247 $142,500 $90,800 $51,700
2014 $1,211 $142,500 $90,800 $51,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1599886

Maine Listings

APN: BOOT-000010U-000009-000203