Closed

$637,500

35 Academy Hill Street, Newcastle, ME 04553

6beds

2,784sqft

Multi Family

Built in 1900

-- sqft lot

$681,500 Zestimate^®

$229/sqft

$1,594 Estimated rent

Home value

$681,500

$600,000 - $770,000

$1,594/mo

Zestimate^® history

Owner options

List your home for rent

$1,594/mo

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$1,594/mo

Rent Zestimate^®

Refinance and save

$3,189/mo

Est. payment

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$3,189/mo

Est. payment

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What's special

Welcome to the Beehive Apartments located just a couple blocks from the downtown shopping and dining of the Twin Villages of Damariscotta/Newcastle. Featuring six 1BR/1 bath apartments with a long history of full occupancy, onsite parking for nine cars with additional parking just steps away on Depot St. Recent new roof. An excellent opportunity in a desirable area.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 6
Full bathrooms: 6

Heating

Baseboard, Hot Water

Cooling

None

Features

Flooring: Carpet, Vinyl, Wood
Basement: Bulkhead,Exterior Entry,Dirt Floor,Full
Has fireplace: No

Interior area

Total structure area: 2,784
Total interior livable area: 2,784 sqft
Finished area above ground: 2,784
Finished area below ground: 0

Property

Parking

Parking features: Common, Gravel, 5 - 10 Spaces, On Site

Features

Stories: 3

Lot

Size: 10,454 Square Feet
Features: City Lot, Near Shopping, Corner Lot, Level, Open Lot

Details

Parcel number: NEWCM013L002
Zoning: SD-fabrication

Construction

Type & style

Home type: MultiFamily
Architectural style: Colonial
Property subtype: Multi Family

Materials

Wood Frame, Vinyl Siding
Roof: Composition,Metal,Shingle

Condition

Year built: 1900

Utilities & green energy

Electric: Circuit Breakers
Sewer: Public Sewer
Water: Public
Utilities for property: Utilities On

Community & HOA

Location

Region: Newcastle

Financial & listing details

Price per square foot: $229/sqft
Tax assessed value: $294,600
Annual tax amount: $5,700
Date on market: 9/7/2024

Price history

Date	Event	Price
11/19/2024	Pending sale	$665,000+4.3%$239/sqft
Source: Maine Listings #1603013 Report a problem
11/14/2024	Sold	$637,500-4.1%$229/sqft
Source: Maine Listings #1603013 Report a problem
9/10/2024	Contingent	$665,000$239/sqft
Source: Maine Listings #1603013 Report a problem
9/7/2024	Listed for sale	$665,000$239/sqft
Source: Maine Listings #1603013 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$4,714	$294,600
2023	$4,714 +0.6%	$294,600
2022	$4,684 +3.9%	$294,600
2021	$4,507	$294,600
2020	$4,507 -6.8%	$294,600 +9%
2019	$4,837	$270,200
2018	$4,837 -0.8%	$270,200
2017	$4,877	$270,200
2016	$4,877	$270,200
2015	$4,877 +13.5%	$270,200
2013	$4,296 +6.7%	$270,200
2012	$4,026 +4.2%	$270,200
2011	$3,864	$270,200
2009	--	$270,200