$344,000
SOLD MAY 1, 2018

7 Headgate Rd Damariscotta, ME 04543

4 Beds
4 Baths
3,800 Sq Ft
2 Acres

Recently Sold

$91 Per Sq Ft

31% Below List Price

503 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 135 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

Wonderfully spacious home in a great neighborhood. Close to town but quiet and peaceful with common area access to the pond for swimming, boating and other recreation. The home features hardwood floors throughout, a fireplace in the living/dining room, first floor master suite and a daylight lower level family room. In addition to the rooms listed here there is a 5 room, 2.5 bath in law apartment with its own garage and an elevator. Very well built and with too many great features to list.

Last Agent to Sell the Property

James Cosgrove

Keller Williams Realty Listed on: 08/15/2016

Keller Williams Realty

Last Buyer's Agent

Rick Whelan

Rock Maple Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003

Lot Details

  • 2 Acre Lot
  • Home fronts a pond
  • 135 Feet of Waterfront
  • Near Conservation Area
  • Landscaped
  • Corner Lot
  • Wooded Lot

HOA Fees

  • $29 Monthly HOA Fees

Property Views

  • Water
  • Woods

Home Design

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

Interior Spaces

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

Kitchen

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

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite

Laundry

  • Laundry Room
  • Laundry on main level

Finished Basement

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

Parking

  • Direct Access Garage
  • Driveway

Outdoor Features

  • Deeded Waterfront Access Rights
  • Deck

Utilities

  • Cooling Available
  • Zoned Heating
  • Heating System Uses Oil
  • Baseboard Heating
  • Natural Gas Not Available
  • Well
  • Water Heater
  • Septic System
  • Cable TV Available

Listing and Financial Details

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

Community Details

Overview

  • Headgate Hoa Subdivision
  • The community has rules related to deed restrictions

Amenities

  • Elevator

Home Details

Home Type

Single Family

Year Built

Built in 2003

Lot Details

0

HOA Fees

$29 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.0
  • Water Body Name: Paradise
  • MLS Status: Closed
  • Subdivision Name: Headgate HOA
  • Directions: From Main Street, Biscay Rd. 1.2 miles to Headgate Rd. First home on right.
  • Above Grade Finished Sq Ft: 2800.0
  • Architectural Style: Cape
  • Garage Yn: Yes
  • Year Built: 2003
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 2.0
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 2800.0
  • Property Information:SqFt Finished Below Grade: 1000.0
  • Property Information:Garage: Yes
  • Site:Corner Lot: Yes
  • Site:Well Landscaped: 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
  • Heat System:Baseboard: 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
  • Location Information:Association Fee: 350.0
  • Location Information:Fee Frequency Paid: Annually
  • Foundation Materials:Poured Concrete: 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
  • Gas:No Gas: Yes
  • Exterior:Clapboard: Yes
  • Heat System:Multi-Zones: Yes
  • Office:Office: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Water Info:Waterfront Amount -: 135.0
  • Recreational Water:Deeded: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Family Room:Family Room: Yes
  • Property Information:Deed Restrictions: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Equipment:Cable: Yes
  • Great Room:Great Room: Yes
  • Water Heater:Tank: Yes
  • Laundry Room:Laundry Room: Yes
  • Amenities:In-Law Apartment: Yes
  • Location:Abuts Conservation: Yes
  • Amenities:Elevator Passenger: Yes
  • Roof:Fiberglass: Yes
  • Kitchen Amenities:Breakfast Nook: Yes
  • Family Room Amenities:Built-Ins10: Yes
  • Great Room Amenities:Wood Burning Fireplace11: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Electric Range, Dishwasher
  • Has Basement: Walk-Out Access, Daylight, Finished, Full, Interior Entry
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1000.0
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Elevator Passenger, 1st Floor Primary Bedroom w/Bath, In-Law Floorplan
  • 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, Landscaped, Wooded, Abuts Conservation, Neighborhood
  • View: Trees/Woods
  • Waterfront Features: Pond
  • Waterfront: Yes
  • Construction Type: Clapboard, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Fiberglass
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Paved, Inside Entrance

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Multi-Zones, Baseboard, Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Existing on Site
  • Water Source: 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: 8784.0
  • Tax Book Number: 3064
  • Tax Lot: 46-4
  • Tax Map Number: 2
  • Tax Year: 2016

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: 1277181

Maine Listings

APN: DAMA-000002-000000-000046-000004