NOT LISTED FOR SALE

7 Nichols Rd East Boothbay, ME 04544

Estimated Value: $434,000 - $705,000

3 Beds
2 Baths
1,561 Sq Ft
$351/Sq Ft Est. Value

Last Sold September 20, 2019

Last sale price $235,000 $151 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $3,071/month

43 Days on Market

Highlights

  • 100 Feet of Waterfront
  • View of Trees or Woods
  • Cape Cod Architecture
  • Beach Access
  • 1.72 Acre Lot
  • Wooded Lot

About This Home

As of September 2019

A Rare Chance! This affordable diamond-in-the-rough located in the beautiful Tallwoods Neighborhood on 1 .72 acres has been priced to allow for your cosmetic improvements. Live here and enjoy the benefits of the Association's shared water frontage on picturesque Linekin Bay, and the ability to install your own mooring. The frontage is improved with a dock; beach; and picnic area. A wonderful opportunity for year-round living or a seasonal getaway, It offers a location that is convenient to the renowned Boothbay Botanical Gardens and iconic Boothbay Harbor.
New Septic System to be installed prior to closing.

Last Agent to Sell the Property

Maryea Curtis

The Flaherty Group Listed on: 07/18/2019

Last Buyer's Agent

Stephanie Leeman

Tindal & Callahan Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,523

Year Built

  • Built in 1971

Lot Details

  • 1.72 Acre Lot
  • 100 Feet of Waterfront
  • Ocean Front
  • Property fronts a private road
  • Wooded Lot

HOA Fees

  • $15 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Gravel Driveway

Home Design

  • Cape Cod Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,561 Sq Ft Home
  • Views of Woods
  • Unfinished Basement
  • Interior and Exterior Basement Entry
  • Laundry on main level

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Baseboard Heating
  • Hot Water Heating System
  • Water Heated On Demand
  • Private Sewer

Additional Features

  • Beach Access
  • Property is near a golf course

Community Details

  • Tallwood Subdivision

Listing and Financial Details

  • Tax Lot 49
  • Assessor Parcel Number BOOT-000008R-000049

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,523

Year Built

Built in 1971

Lot Details

0

HOA Fees

$15 per month

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.72
  • Road Frontage Type: Private
  • Water Body Name: Linekin Bay
  • MLS Status: Closed
  • Subdivision Name: Tallwood
  • Directions: GPS Presley Dr, Nichols is off from Presley and doesn't come up on google maps.
  • Above Grade Finished Sq Ft: 1561.0
  • Architectural Style: Cape
  • Garage Yn: Yes
  • Year Built: 1971
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 156.95
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.72
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1561.0
  • Property Information:Garage: Yes
  • Location:Near Golf Course: 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
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:On Demand: Yes
  • Location Information:Association Fee: 175.0
  • Location Information:Fee Frequency Paid: Annually
  • Property Information:Garage Spaces: 1.0
  • Roads:Private: Yes
  • Exterior:Vinyl Siding: Yes
  • Basement:Unfinished: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Floors:Laminate: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Water Info:Waterfront Amount -: 100.0
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Recreational Water:Beach Rights: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Advertising Remarks:Advertising Remarks: A Rare Chance! This affordable diamond-in-the-rough located in the beautiful Tallwoods Neighborhood on 1 .72 acres has been priced to allow for your cosmetic improvements. Live here and enjoy the benefits of the Association's shared water frontage on picturesque Linekin Bay, and the ability to install your own mooring. The frontage is improved with a dock; beach; and picnic area. A wonderful opportunity for year-round living or a seasonal getaway, It offers a location that is convenient to the renowned Boothbay Botanical Gardens and iconic Boothbay Harbor. New septic system to be installed prior to closing.
  • Special Features: None

Interior Features

  • Has Basement: Bulkhead, Exterior Entry, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom

Exterior Features

  • Lot Features: Wooded, Near Golf Course, Near Shopping, Near Town, Subdivided
  • View: Trees/Woods
  • Waterfront Features: Ocean
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Gravel, Inside Entrance

Utilities

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

Condo/Co-op/Association

  • Association Fee: 175.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 74923.2
  • Parcel #: BOOT-000008R-000049
  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 2523.45
  • Tax Lot: 49
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2019
Closed on
Sep 19, 2019
Sold by
Jodie E Medeiros Ft
Bought by
Wells Phillip M
Seller's Agent
Maryea Curtis
The Flaherty Group
Buyer's Agent
Stephanie Leeman
Tindal & Callahan Real Estate
List Price
$245,000
Sold Price
$235,000
Premium/Discount to List
-$10,000
-4.08%
Current Estimated Value
$547,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$312,846
Avg. Annual Appreciation
14.58%
Original Mortgage
$199,750
Outstanding Balance
$174,604
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$373,242
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wells Phillip M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wells Phillip M $199,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2019 09/20/19 Sold $235,000 -4.1% $151 / Sq Ft
07/26/2019 07/26/19 Pending -- -- --
06/12/2019 06/12/19 For Sale $245,000 -- $157 / 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 $2,194 $193,338 $74,506 $118,832
2023 $1,943 $193,338 $74,506 $118,832
2022 $1,798 $193,338 $74,506 $118,832
2021 $1,846 $193,338 $74,506 $118,832
2020 $1,856 $193,338 $74,506 $118,832
2019 $1,860 $196,832 $78,000 $118,832
2018 $1,831 $196,832 $78,000 $118,832
2017 $1,804 $196,100 $57,900 $138,200
2016 $1,726 $196,100 $57,900 $138,200
2015 $1,716 $196,100 $57,900 $138,200
2014 $1,667 $196,100 $57,900 $138,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1419299

Maine Listings

APN: BOOT-000008R-000049