NOT LISTED FOR SALE

93 Main St Unit 2 Damariscotta, ME 04543

Estimated Value: $445,000 - $548,000

2 Beds
2 Baths
1,771 Sq Ft
$400/mo HOA Fee

Last Sold October 27, 2023

Last sale price $444,000 $251 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,506/month

6 Days on Market

Highlights

  • Ocean Front
  • Access to Tidal Water
  • The property is located in a historic district
  • Great Salt Bay Community School Rated A-
  • Public Beach
  • Deck

About This Home

As of October 2023

A rare opportunity in the heart of Damariscotta Maine. This 2 unit condo enjoys a 1 bedroom , 1 bath unit, along with a with a full efficiency apartment . How cool! The back deck has stunning water views and walk out access to the public beach and boat launch . In Damariscotta downtown, it's easily walkable to restaurants, shopping, local businesses. The condo association handles maintenance of the building and your fees include heat for the unit! The opportunities to enjoy this quintessential Maine town are varied and extremely rare. You could live in one unit and rent out to the other annually or through short term rental. Rent both units and create instant cash flow. With some simple renovations, re-open up the wall and turn it back into a 2 bedroom 2 bath single unit. All of this within the protection and convenience of the condominium association. The current owners' impeccable taste can be seen through the lovely renovations she has performed in the last several years. The kitchen has a rustic but modern appeal and enjoys plenty of light. Can you imaging cozying up in this dreamy loft on a cool Maine winter night?

93 Main Street unit #2 is a once in a lifetime find. Reach out and book your private showing today !

Last Agent to Sell the Property

Michael Hamilton

Keller Williams Realty Listed on: 09/21/2023

Keller Williams Realty

Co-Listed By

Ian Dixon

Keller Williams Realty

Last Buyer's Agent

John Tompkins

The Atlantic Real Estate Network

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,405

Year Built

  • Built in 1992

Lot Details

  • Ocean Front
  • River Front
  • Public Beach

HOA Fees

  • $400 Monthly HOA Fees

Property Views

  • Water
  • Scenic Vista

Home Design

  • Rowhouse Architecture
  • Concrete Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,771 Sq Ft Home
  • Living Room
  • Den

Kitchen

  • Gas Range
  • Dishwasher
  • Quartz Countertops
  • Butcher Block Countertops
  • Formica Countertops

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • 2 Full Bathrooms
  • Bathtub

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • No Driveway
  • On-Site Parking
  • Off-Street Parking
  • Reserved Parking

Outdoor Features

  • Access to Tidal Water
  • Nearby Water Access
  • Deep Water Access
  • River Nearby
  • Deck

Location

  • The property is located in a historic district
  • City Lot

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Oil Water Heater

Community Details

  • 3 Units
  • Riverside Condominiums Subdivision

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number DAMA-000006-000000-000016-000002

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,405

Year Built

Built in 1992

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.08
  • Road Surface Type: Paved
  • Water Body Name: Damariscotta River
  • Co List Office Mls Id: 1898
  • Co List Office Phone: 207-879-9800
  • MLS Status: Closed
  • Subdivision Name: Riverside Condominiums
  • Directions: Enter on Main Street at street level to the right on ''Citizen Maine Home''. Takes stairs to second level
  • Above Grade Finished Sq Ft: 1771.0
  • Architectural Style: Row-Inside
  • Garage Yn: No
  • Year Built: 1992
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 0.08
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1771.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Location Information:Association Fee: 400.0
  • Location Information:Fee Frequency Paid: Monthly
  • Foundation Materials:Slab: Yes
  • Exterior:Vinyl Siding: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Rental Allowed: Yes
  • Condominium:Units in Building: 3
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Amenities:Walk-in Closets: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Heat System:Multi-Zones: Yes
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Location:Historic District: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Recreational Water:Oceanfront: Yes
  • Recreational Water:RiverBrookStream: Yes
  • Recreational Water:Waterfront Deep: Yes
  • Driveway:No Driveway: Yes
  • Property Information:Deed Restrictions: Unknown
  • Appliances Included:Gas Range: Yes
  • Property Information:Bank Owned REO: No
  • Kitchen Countertop:Formica: Yes
  • Water Heater:Oil2: Yes
  • View:Scenic: Yes
  • Recreational Water:Waterfront Tidal: Yes
  • Kitchen Countertop:Quartz: Yes
  • Amenities:In-Law Apartment: Yes
  • Transportation:Deep Water Access: Yes
  • Den:Den: Yes
  • Condominium:Total Units4: 3
  • Kitchen Countertop:Butcher Block: Yes
  • Style:Row-Inside: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Parking Reserved Parking: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Gas Range, Electric Range, Dryer, Dishwasher
  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: Walk-in Closets, Bathtub, In-Law Floorplan
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Kitchen Kitchen Level: Second
  • Living Room Living Room Level: Second

Exterior Features

  • Lot Features: Sidewalks, Historic District, Intown, Near Public Beach, Near Shopping, Near Town, Retail Strip
  • View: Scenic
  • Waterfront Features: River
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter, Slab
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Driveway, 1 - 4 Spaces, On Site, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 400.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Junior High Dist: Damariscotta Public Schools

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3484.8
  • Parcel #: DAMA-000006-000000-000016-000002
  • Zoning: C1

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 3405.0
  • Tax Book Number: 5278
  • Tax Lot: 16
  • Tax Map Number: 06
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2023
Closed on
Oct 27, 2023
Sold by
Hyttel Kathryn
Bought by
Pancoe Hannah
Seller's Agent
Michael Hamilton
Keller Williams Realty
Buyer's Agent
John Tompkins
The Atlantic Real Estate Network
List Price
$399,000
Sold Price
$444,000
Premium/Discount to List
$45,000
11.28%
Current Estimated Value
$490,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,004
Avg. Annual Appreciation
4.10%
Source: Public Records

Range of Values:

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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
Pancoe Hannah $444,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2023 10/27/23 Sold $444,000 +11.3% $251 / Sq Ft
09/27/2023 09/27/23 Pending -- -- --
09/21/2023 09/21/23 For Sale $399,000 -- $225 / 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 $4,512 $243,900 $89,300 $154,600
2023 $3,817 $243,900 $89,300 $154,600
2022 $3,405 $204,500 $75,000 $129,500
2021 $3,252 $204,500 $75,000 $129,500
2020 $3,272 $204,500 $75,000 $129,500
2019 $3,292 $204,500 $75,000 $129,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1572695

Maine Listings

APN: 006-016-002