$358,000
SOLD OCT 3, 2019

7 Headgate Rd Damariscotta, ME 04543

6 Beds
7 Baths
4,799 Sq Ft
2 Acres

Recently Sold

$75 Per Sq Ft

3% Below List Price

20 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 131 Feet of Waterfront
  • Cape Cod Architecture
  • Great Salt Bay Community School Rated A-
  • Home fronts a pond
  • Deck

About This Home

As of October 2019

Spacious cape in Head Gate Subdivision. Close to town, yet peaceful neighborhood with common area access to the Paradise Pond for swimming, boating and other recreational activities. The home features the main house with 4BR/2.5BA and an 2BR/2BA in-law apartment, complete with it's own elevator and garage.
The home also includes hardwood floors throughout, a fireplace in the living/dining room, first floor master suite and a family room in the daylight basement.
Beautiful property, call today!

Last Agent to Sell the Property

Susan Trenholm

Cates Real Estate Brokerage Email: susan@catesre.com Listed on: 06/21/2019

Co-Listed By

Richard Whelan

Cates Real Estate Brokerage Email: susan@catesre.com

Last Buyer's Agent

Edward Mosher

Court Street Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,230

Year Built

  • Built in 2003

Lot Details

  • 2 Acre Lot
  • Home fronts a pond
  • 131 Feet of Waterfront
  • Near Conservation Area
  • Street terminates at a dead end
  • Corner Lot
  • Lot Has A Rolling Slope
  • Wooded Lot

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Driveway

Property Views

  • Water
  • Woods

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • Built-In Features
  • Wood Burning Fireplace
  • Great Room
  • Family Room
  • Home Office
  • Screened Porch
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Dishwasher
  • Formica Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • Shower Only

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Dryer Hookup

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Natural lighting in basement

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Deeded Waterfront Access Rights
  • Deck

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Oil
  • Radiant Heating System
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Private Water Source
  • Well
  • Septic System
  • Private Sewer
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 46-4
  • Assessor Parcel Number DAMA-000002-000000-000046-000004

Community Details

Overview

  • Head Gate Subdivision
  • The community has rules related to deed restrictions

Amenities

  • Community Storage Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,230

Year Built

Built in 2003

Lot Details

0

HOA Fees

$29 per month

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.0
  • Road Surface Type: Paved
  • Water Body Name: Paradise Pond
  • Co List Office Mls Id: 2766
  • Co List Office Phone: 207-701-5600
  • MLS Status: Closed
  • Subdivision Name: Head Gate Subdivision
  • Directions: From Main Street take Biscay Road. Travel 1.2 miles to Headgate Road. Property is first home on the right.
  • Above Grade Finished Sq Ft: 3875.0
  • Architectural Style: Cape
  • Garage Yn: Yes
  • Year Built: 2003
  • Attribution Contact: susan@catesre.com
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 2.0
  • Property Information:Total Baths: 7.0
  • Property Information:SqFt Finished Above Grade: 3875.0
  • Property Information:SqFt Finished Below Grade: 924.0
  • Property Information:Garage: Yes
  • Site:Corner Lot: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Basement:Daylight: Yes
  • Percent Basement Finished: 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
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Amenities:Storage: Yes
  • Location Information:Association Fee: 350.0
  • Location Information:Fee Frequency Paid: Annually
  • Property Information:Garage Spaces: 3.0
  • Amenities:Laundry - Hookup: Yes
  • Amenities:Shower: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Cooling:Central Air: Yes
  • Amenities:Walk-in Closets: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Primary Bedroom Amenities:Full Bath7: Yes
  • Primary Bedroom Amenities:Walk-in Closet6: Yes
  • Room Features:Eat-in Kitchen2: Yes
  • Room Features:Walk-in Closet17: Yes
  • Gas:No Gas: Yes
  • Exterior:Clapboard: Yes
  • Heat System:Multi-Zones: Yes
  • Heat System:Radiant: Yes
  • Office:Office: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Amenities:Attic: Yes
  • Property Information:Short Sale Continue to Show: No
  • Room Features:Wood Burning Fireplace29: Yes
  • Roads:Dead End: Yes
  • Water Info:Waterfront Amount -: 131.0
  • Water Info:Water Frontage Shared -: 131.0
  • Recreational Water:Deeded: Yes
  • Water:Private2: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Site:RollingSloping: Yes
  • Family Room:Family Room: Yes
  • Property Information:Deed Restrictions: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Kitchen Countertop:Formica: Yes
  • Equipment:Cable: Yes
  • Great Room:Great Room: Yes
  • Water Info:Island3: No
  • Laundry Room:Laundry Room: Yes
  • Room Features:Built-Ins30: Yes
  • Accessibilitiy Amenities:ElevatorChair Lift: Yes
  • Amenities:In-Law Apartment: Yes
  • Location:Abuts Conservation: Yes
  • Amenities:Elevator Passenger: Yes
  • Kitchen Amenities:Breakfast Nook: Yes
  • Room Features:Breakfast Nook2: Yes
  • Family Room Amenities:Built-Ins10: Yes
  • Great Room Amenities:Wood Burning Fireplace11: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Electric Range, Dishwasher
  • Accessibility Features: Elevator/Chair Lift
  • Has Basement: Walk-Out Access, Daylight, Finished, Full, Interior Entry
  • Full Bathrooms: 4
  • Half Bathrooms: 3
  • Total Bedrooms: 6
  • Below Grade Sq Ft: 924.0
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Walk-in Closets, Elevator Passenger, 1st Floor Primary Bedroom w/Bath, Attic, In-Law Floorplan, Shower, Storage, Primary Bedroom w/Bath
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Kitchen Kitchen Level: First
  • Primary Bedroom Primary Bedroom Level: First
  • Laundry Room Laundry Room Level: First

Exterior Features

  • Lot Features: Corner Lot, Rolling Slope, Wooded, Abuts Conservation, Neighborhood, Subdivided
  • View: Trees/Woods
  • Waterfront Features: Pond
  • Waterfront: Yes
  • Construction Type: Clapboard, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Screened
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: 5 - 10 Spaces, Paved, Inside Entrance

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level, Washer Hookup
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Radiant, Multi-Zones, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association Fee: 350.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Junior High Dist: AOS 93

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 87120.0
  • Parcel #: DAMA-000002-000000-000046-000004
  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 8230.0
  • Tax Book Number: 5252
  • Tax Lot: 46-4
  • Tax Map Number: 2
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2019
Closed on
Oct 3, 2019
Sold by
Shifman Joel B and Pingley Connie L
Bought by
Gandler Todd P and Gandler Teresa D
Seller's Agent
Susan Trenholm
Cates Real Estate
Buyer's Agent
Edward Mosher
Court Street Realty
List Price
$370,000
Sold Price
$358,000
Premium/Discount to List
-$12,000
-3.24%
Current Estimated Value
$665,317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$307,317
Avg. Annual Appreciation
10.98%
Original Mortgage
$214,800
Outstanding Balance
$191,052
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$457,815

Purchase Details

Closed on
Aug 1, 2014
Sold by
Head Gate Ret
Bought by
Head Gate Ret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,500
Interest Rate
4.18%
Mortgage Type
Commercial
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 -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $214,800 New Conventional
Previous Owner $235,500 Commercial
Previous Owner $70,000 Commercial
Previous Owner $270,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2019 10/03/19 Sold $358,000 -3.2% $75 / Sq Ft
07/12/2019 07/12/19 Pending -- -- --
06/21/2019 06/21/19 For Sale $370,000 +7.6% $77 / Sq Ft
05/01/2018 05/01/18 Sold $344,000 -30.5% $91 / Sq Ft
01/01/2018 01/01/18 Pending -- -- --
08/15/2016 08/15/16 For Sale $495,000 -- $130 / 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 $11,596 $626,800 $52,300 $574,500
2023 $9,809 $626,800 $52,300 $574,500
2022 $8,740 $524,900 $43,900 $481,000
2021 $8,346 $524,900 $43,900 $481,000
2020 $8,398 $524,900 $43,900 $481,000
2019 $8,451 $524,900 $43,900 $481,000
2018 $8,556 $524,900 $43,900 $481,000
2017 $8,834 $524,900 $43,900 $481,000
2016 $9,039 $524,900 $43,900 $481,000
2015 $8,955 $524,900 $43,900 $481,000
2014 $8,293 $524,900 $43,900 $481,000
2013 $7,926 $524,900 $43,900 $481,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1421169

Maine Listings

APN: DAMA-000002-000000-000046-000004