NOT LISTED FOR SALE

7 Holmes Ln Damariscotta, ME 04543

Estimated Value: $431,000 - $613,000

3 Beds
2 Baths
1,325 Sq Ft
$398/Sq Ft Est. Value

Last Sold July 31, 2018

Last sale price $246,500 $186 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $3,376/month

37 Days on Market

Highlights

  • Cape Cod Architecture
  • Deck
  • Main Floor Bedroom
  • Great Salt Bay Community School Rated A-
  • Wood Flooring
  • 1 Fireplace

About This Home

As of July 2018

One of the most desirable addresses in Damariscotta! This tidy, compact cape on Holmes Lane offers over 1,300 sf of living space with 3 bedrooms and 2 baths. The large living room features mellow pine floors and a wood burning fireplace. The cathedral ceiling kitchen, with numerous skylights, island, and pendant lighting, is a sheer delight! The breakfast room on the east side of the house is always filled with early morning light. The first floor bedroom enjoys direct access to the full bath and laundry. New septic system installed 2018.

Last Listed By

Jim Drum

Drum & Drum Real Estate Inc. Listed on: 05/22/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,984

Year Built

  • Built in 1975

Lot Details

  • 1.24 Acre Lot
  • Cul-De-Sac
  • Level Lot

Home Design

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

Interior Spaces

  • 1,325 Sq Ft Home
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Den
  • Washer and Dryer Hookup

Kitchen

  • Gas Range
  • Dishwasher
  • Formica Countertops

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Basement

  • Partial Basement
  • Exterior Basement Entry
  • Crawl Space

Parking

  • Garage
  • Gravel Driveway

Outdoor Features

  • Deck
  • Shed
  • Outbuilding

Location

  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Underground Utilities
  • Well
  • Private Sewer
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 7HolmesWayDamariscotta04543

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,984

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.24
  • MLS Status: Closed
  • Directions: Off Route 129 & 130, turn east on Pine Ridge Road. Property is the third house on the left.
  • Above Grade Finished Sq Ft: 1325.0
  • Architectural Style: Cape
  • Garage Yn: Yes
  • Year Built: 1975
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 1.24
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1325.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Dishwasher: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Exterior:Vinyl Siding: Yes
  • Amenities:Laundry - Hookup: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Basement:Partial: Yes
  • Roof:Composition2: Yes
  • Basement:Crawl Space: Yes
  • Sewer:Private Sewer: Yes
  • Driveway:Gravel: Yes
  • Appliances Included:Gas Range: Yes
  • Water:Well Existing on Site: Yes
  • Kitchen Countertop:Formica: Yes
  • Equipment:Cable: Yes
  • Den:Den: Yes
  • Site:Cul-De-Sac: Yes
  • Electric:Underground: Yes
  • Other Structures:Shed: Yes
  • Other Structures:Out Building: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Gas Range, Dishwasher
  • Has Basement: Crawl Space, Partial, Exterior Entry, Bulkhead
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Bedroom
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Dining Room Dining Room Level: First
  • Living Room Living Room Level: First

Exterior Features

  • Lot Features: Cul-De-Sac, Level, Intown, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding, Shed(s)
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Gravel

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Electric: Underground, Circuit Breakers
  • Sewer: Private Sewer
  • Utilities: Utilities On
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 54014.4
  • Parcel #: 7HolmesWayDamariscotta04543
  • Zoning: residential

Tax Info

  • Tax Annual Amount: 3984.0
  • Tax Book Number: 3090
  • Tax Lot: 3
  • Tax Map Number: 1
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2018
Closed on
Aug 2, 2018
Sold by
Gaul David R and Gaul Mary B
Bought by
Brignac Hailey and Stark Robert
Seller's Agent
Jim Drum
Drum & Drum Real Estate Inc.
Buyer's Agent
Nicole Axelsen
Reali Realty, LLC
List Price
$259,900
Sold Price
$246,500
Premium/Discount to List
-$13,400
-5.16%
Total Days on Market
37
Current Estimated Value
$527,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$281,481
Avg. Annual Appreciation
11.20%
Original Mortgage
$242,034
Outstanding Balance
$212,363
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$292,786

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 Buyer Sale Price Title Company
Brignac Hailey -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stark Hailey $67,700
Open Brignac Hailey $242,034
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2018 07/31/18 Sold $246,500 -5.2% $186 / Sq Ft
06/29/2018 06/29/18 Pending -- -- --
05/22/2018 05/22/18 For Sale $259,900 -- $196 / 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 $5,224 $282,400 $120,300 $162,100
2023 $4,420 $282,400 $120,300 $162,100
2022 $3,943 $236,800 $101,100 $135,700
2021 $3,765 $236,800 $101,100 $135,700
2020 $3,789 $236,800 $101,100 $135,700
2019 $3,812 $236,800 $101,100 $135,700
2018 $3,860 $236,800 $101,100 $135,700
2017 $3,985 $236,800 $101,100 $135,700
2016 $4,078 $236,800 $101,100 $135,700
2015 $4,040 $236,800 $101,100 $135,700
2014 $3,741 $236,800 $101,100 $135,700
2013 $3,576 $236,800 $101,100 $135,700
Source: Public Records

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Source: Maine Listings

MLS Number: 1351525

Maine Listings

APN: DAMA-000001-000000-000014-000003