$110,000
SOLD OCT 3, 2019

9 Mills Rd Newcastle, ME 04553

3 Beds
1 Bath
1,190 Sq Ft
0.25 Acres

Recently Sold

$92 Per Sq Ft

19% Below List Price

6 Days on Market

Highlights

  • Nearby Water Access
  • Public Beach
  • Wood Flooring
  • Great Salt Bay Community School Rated A-
  • Cape Cod Architecture
  • Mud Room

About This Home

As of July 2020

Great opportunity for a vacation property, starter home or office space, just steps away from downtown Damariscotta. This 1,190 square foot, 3 bedroom, 1 bath cape needs some repair but offers charming 1920s era craftsmanship, a quiet neighborhood, and convenient location to Damariscotta, Boothbay and Pemaquid. Being sold As Is.

Last Agent to Sell the Property

Hannah Adolphsen

RE/MAX JARET & COHN Brokerage Email: camden@jaretcohn.com Listed on: 08/20/2019

Last Buyer's Agent

Hannah Adolphsen

RE/MAX JARET & COHN Brokerage Email: camden@jaretcohn.com Listed on: 08/20/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,803

Year Built

  • Built in 1925

Lot Details

  • 0.25 Acre Lot
  • Public Beach
  • Open Lot
  • Property is zoned village business

Home Design

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

Interior Spaces

  • 1,190 Sq Ft Home
  • 1-Story Property
  • Mud Room
  • Living Room
  • Dining Room
  • Washer and Dryer Hookup

Kitchen

  • Cooktop
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Sump Pump

Parking

  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Nearby Water Access
  • Shed

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Hot Water Heating System
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 32
  • Assessor Parcel Number 9MillsRoadRoadNewcastle04553

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,803

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.25
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From Main Street in Damariscotta, take 215 North (Mills Road) about 250ft. House on right, look for sign.
  • Above Grade Finished Sq Ft: 1190.0
  • Architectural Style: Cape
  • Garage Yn: No
  • Year Built: 1925
  • Attribution Contact: camden@jaretcohn.com
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.25
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 1190.0
  • Property Information:Garage: No
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Gas: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:One-Floor Living: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Mud Room:Mud Room: Yes
  • Location:Near Public Beach: Yes
  • Appliances Included:Cooktop: Yes
  • Recreational Water:Nearby: Yes
  • Driveway:Gravel: Yes
  • Water Heater:Tank: Yes
  • Basement:Sump Pump: Yes
  • Exterior:Asbestos: Yes
  • Other Structures:Shed: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Dishwasher, Cooktop
  • Has Basement: Full, Sump Pump, Exterior Entry, Bulkhead, Interior Entry, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom, One-Floor Living
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: First
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Open Lot, Near Public Beach, Near Shopping, Near Town
  • Waterfront: No
  • Construction Type: Asbestos, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed(s)
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel, Off Street

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Great Salt Bay CSD

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10890.0
  • Parcel #: 9MillsRoadRoadNewcastle04553
  • Zoning: village business

Tax Info

  • Tax Annual Amount: 1803.2
  • Tax Book Number: 2145
  • Tax Lot: 32
  • Tax Map Number: 13
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2020
Closed on
Jul 27, 2020
Sold by
On Tap Properties Llc
Bought by
Wilkes Catherine M
Seller's Agent
Brian Prindle
StartPoint Realty
Buyer's Agent
Kathleen Shattuck
Newcastle Realty
List Price
$275,000
Sold Price
$254,000
Premium/Discount to List
-$21,000
-7.64%
Current Estimated Value
$442,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,252
Avg. Annual Appreciation
18.15%
Original Mortgage
$203,200
Outstanding Balance
$182,490
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$402,395

Purchase Details

Listed on
Aug 20, 2019
Closed on
Oct 3, 2019
Sold by
Inman Vickie G
Bought by
On Tap Properties Llc
Seller's Agent
Hannah Adolphsen
RE/MAX JARET & COHN
Buyer's Agent
Hannah Adolphsen
RE/MAX JARET & COHN
List Price
$135,000
Sold Price
$110,000
Premium/Discount to List
-$25,000
-18.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
177.47%
Original Mortgage
$170,000
Interest Rate
3.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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 -- None Available
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $203,200 New Conventional
Previous Owner $170,000 New Conventional
Previous Owner $25,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2020 07/27/20 Sold $254,000 -7.6% $213 / Sq Ft
06/23/2020 06/23/20 Pending -- -- --
04/11/2020 04/11/20 For Sale $275,000 +150.0% $231 / Sq Ft
10/03/2019 10/03/19 Sold $110,000 -18.5% $92 / Sq Ft
08/27/2019 08/27/19 Pending -- -- --
08/20/2019 08/20/19 For Sale $135,000 -- $113 / 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 $4,744 $348,800 $104,500 $244,300
2023 $3,691 $230,700 $82,700 $148,000
2022 $3,668 $230,700 $82,700 $148,000
2021 $3,530 $230,700 $82,700 $148,000
2020 $2,927 $163,500 $65,300 $98,200
2019 $2,146 $119,900 $65,300 $54,600
2018 $2,146 $119,900 $65,300 $54,600
2017 $2,164 $119,900 $65,300 $54,600
2016 $2,164 $119,900 $65,300 $54,600
2015 $2,164 $119,900 $65,300 $54,600
2013 $1,906 $119,900 $65,300 $54,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1430026

Maine Listings

APN: NEWC-000013-000000-000032