See Home Value
Newcastle 04553
62 Timber Lane
$363,600*
House - Off Market

62 Timber Lane

Newcastle, ME 04553
bedrooms
3 Beds
bathrooms
2 Baths
$252,000 - $308,000
Reference Base Price*
29.86%
Since Feb 1, 2021
National-US
Primary Model
Sold Mar 22, 2021
$250,600
$247,252 by Fairway Independent Mortgage C
Mortgage Due Apr 01, 2051

About This Property

Make this wonderfully located 3 bedroom, 2 full bath, Cape your own. Open-concept kitchen and dining with an attached screened in porch for out door relaxation.  Added bonus room off the dining room with wood stove to keep you cozy in the colder months.  A second large living room area on the other side of the home.   This quiet neighborhood home is located within minutes to shopping, dining, lakes, ocean, trails, schools and all the amenities the ''Twin Cities'' have to offer.
Unit Size
-
Days on Market
-
Land Size
1.00 acres
Price per sqft
-
Property Type
House
Property Taxes
$3,252
HOA Dues
-
Year Built
1990

Price History

Date / Event Date Event Price
Mar 22, 2021 Sold to George E Iverson, Jennifer ... $250,600
Sold to George E Iverson, Jennifer ...
Jan 18, 2021 No longer available -
No longer available
Nov 28, 2020 Listed $280,000
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Concrete
  • Building Style: Cape Cod
  • Exterior Walls Type: Wood siding
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Underground/basement
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,680
  • Building Area: 1,680
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Space/suspended
  • Heated Square Feet: 1,680
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 1
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : IVERSON JENNIFER L
  • Current Owner 2: IVERSON GEORGE E
  • Previous Owner : NORTON CHRISTOPHER J
  • Previous Owner 2: NORTON ELIZABETH A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Great Salt Bay Community School District
  • Census Tract: 975400

Zoning

  • Zoning: SEASON

Geography

  • Parcel: NEWC M:07A L:012
  • Lot: 12
  • Municipality: NEWCASTLE
  • Latitude: 44.0486
  • Longitude: -69.539

    Address

  • Full Address: 62 Timber Ln
  • Address - House Number: 62
  • Address - Street Name: Timber
  • Address - Suffix Type: Ln
  • State: ME
  • City Name: Newcastle
  • Carrier Code: R004
  • 4-Digit Zip Code: 3322
  • Zip Code: 04553

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,334

    Appraisal Valuation

  • Standard Deviation: 0.2397
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 66
  • Final Value: 417,247
  • High Value: 517,119
  • Low Value: 317,374

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $262,128
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Mar 22, 2021
  • First Open Lien Mortgage Loan Amount: $247,252
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2051
  • Second Open Lien Mortgage Lender: SECRETARY HOUSING URBAN DEVELO
  • Second Open Lien Mortgage Recording Date: Jul 17, 2023
  • Second Open Lien Mortgage Loan Amount: $14,876
  • Second Open Lien Mortgage Term: 336
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Aug 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $270,900
  • Assessed Land Value: $95,000
  • Assessed Improvements Value: $175,900

    Sales

  • Current Sale Contract Date: Mar 19, 2021
  • Current Sale Recording Date: Mar 22, 2021
  • Current Sale Transaction ID: 11826685077
  • Current Sale Price: $250,600
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 72484

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Mar 22, 2021
  • First Mortgage Loan Amount: $247,252
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2051



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Newcastle


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Frequently Asked Questions

When was property at 62 Timber Lane built and last sold?
The property at 62 Timber Lane was built in 1990 and last sold on Mar 19, 2021 for $250,600.
How much is this home worth?
The estimated value of the home located at 62 Timber Lane is $282,800.
What are some comparable homes to 62 Timber Lane?
There are currently no comparable homes to 62 Timber Lane.

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