501 New Dam Road

Closed 3/22/22
Closed 3/22/22
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Last Sold Price
$340,000
3 beds1,672 sqft$203/sqft
501 New Dam Rd, Waterboro, ME 04061

Description

Welcome to this inviting full dormered cape style home on a half-acre in the Lake Arrowhead Community! This three bedroom, two full bath home offers a great amount of natural light, stainless steel appliances with a gas range, a partially finished basement, and a one car garage. Enjoy entertaining on the back deck along with the good sized open yard. The roof and boiler are less than 10 years old. You will have deeded rights to the beaches in the community, two of the beaches being just a 2 minute...Welcome to this inviting full dormered cape style home on a half-acre in the Lake Arrowhead Community! This three bedroom, two full bath home offers a great amount of natural light, stainless steel appliances with a gas range, a partially finished basement, and a one car garage. Enjoy entertaining on the back deck along with the good sized open yard. The roof and boiler are less than 10 years old. You will have deeded rights to the beaches in the community, two of the beaches being just a 2 minute drive away. Take advantage of other amenities of the association including indoor and outdoor pools, clubhouse, fitness center, tennis and basketball courts, games, and hosted activities throughout the year. A short drive into Waterboro, you will find Little Ossipee Lake, restaurants, a grocery store, parks, a brewery, and great local options for quick bites. Portland is just 45 minutes away!
LISTING CLOSED: 03/22/2022 12:00 AM

  1. Listed by Kelsea Hough • Keller Williams Coastal and Lakes & Mountains Realty
    P: (207) 608-7336 C: (207) 608-7336 kelseahough@kw.com

Property Details for 501 New Dam Road

Status
Closed
MLS #
1519607
Days on Market
5
Taxes
$2,641 / year
HOA Fees
$1,060 / year
Condo/Co-op Fees
-
Property Type
Single Family
MLS Type
Residential / Single Family Residence
Year Built
1990
Lot Size
0.46 AC / 20,037 SF
County
York County
Architectural Style
Cape Cod
Style
Cape Cod
Subdivision Name
Lake Arrowhead Community
View
Trees/Woods
Has Waterfront
No
Zoning
VR
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Location

Listing Courtesy of Keller Williams Coastal and Lakes & Mountains Realty

Sold By RE/MAX Oceanside

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Building Information for 501 New Dam Road

Stories-Year Built1990Building Size-Lot Size0.46 AC / 20,037 SF

Payment Calculator

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$2,037 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,728

Property Taxes

$220

HOA Dues

$88

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Property Information for 501 New Dam Road

Summary
Location and General Information
  • Water View: No
  • Location: Near Public Beach, Subdivision
  • Page: 262
  • Zoning Overlay: No
  • Directions: GPS Friendly
  • Latitude: 43.645503
  • Longitude: -$70.73
Taxes and HOA
  • Association Fee: $1,060.00
  • Association: Yes
  • Parcel Number: WTBR-000042-000000-A000000-000501
  • Tax Lot: A501
  • Tax Book Number: 17428
  • Tax Map Number: 42
  • Tax Year: 2022
  • Association Fee Frequency: Annually
  • Tax Annual Amount: $2,641.00
Parking
  • Parking Features: 5 - 10 Spaces, Gravel, Detached
  • Parking: 5 - 10 Spaces
  • Vehicle Storage: 1 Car, Detached
  • Has Attached Garage: No
  • Garage Spaces: 1.0
  • Has Garage: Yes
Property
Lot Information
  • Lot Features: Open, Corner Lot, Level, Near Public Beach, Subdivided
  • Lot Size Acres: 0.46
  • Lot Size Area: 0.46
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 20037.6
  • Lot Size Units: Acres
  • Roads: Paved
  • Road Surface Type: Paved
  • Site: Corner Lot, Level, Open
Property and Assessments
  • Above Grade Finished Area: 1372.0
  • Below Grade Finished Area: 300.0
  • Building Area Source: Seller
  • Building Area Total: 1672.0
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Surveyed: Yes
  • Restrictions: Other Restrictions
  • Construction: Wood Frame
  • Year Built: 1990
Building Features
  • Foundation Details: Concrete Perimeter
  • Foundation Materials: Poured Concrete
  • Construction Materials: Wood Siding, Wood Frame
  • Other Structures: Shed(s)
  • Color: Green
Financial Information
  • List Price/SqFt: $210.64
Green Features
  • HERS Certified: No
Utilities
  • Heat Fuel: Oil, Wood
  • Electric: Circuit Breakers
  • Gas: Bottled
  • Recreational Water: Deeded, Lake/Fresh Water, Nearby
  • Sewer: Septic Tank, Private Sewer, Septic Design Available
  • Water Source: Public
  • Water Heater: Off Heating System
  • Utilities: Utilities On
  • Utilities On: Yes
Interior and Exterior Features
Exterior Features
  • Community Features: Clubhouse
  • Exterior: Wood Siding
  • Roof: Shingle
  • Driveway: Gravel
Interior Features
  • Amenities: 1st Floor Bedroom, Bathtub, Clubhouse, Other Amenities, Shower
  • Appliances: Washer, Refrigerator, Microwave, Gas Range, Dryer, Dishwasher
  • Appliances Included: Dishwasher, Dryer, Microwave, Gas Range, Refrigerator, Washer
  • Bathrooms Full: 2
  • Bathrooms Total Decimal: 2.0
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 3
  • Equipment: Internet Access Available, Cable
  • Other Equipment: Internet Access Available, Cable
  • # Full Baths Level 1: 1
  • # Full Baths Level 2: 1
  • Rooms Total: 7
  • Basement: Interior, Bulkhead, Full
  • Basement: Bulkhead, Full
  • Basement Entry: Bulkhead, Interior
  • Has Fireplace: No
  • Patio And Porch Features: Deck
  • Has Cooling: No
  • Heating: Stove, Hot Water, Baseboard
  • Has Heating: Yes
  • Flooring: Wood, Tile, Carpet
  • Interior Features: 1st Floor Bedroom, Bathtub, Other, Shower
Room Information
Bedroom 1
  • Bedroom 1: Bedroom 1
  • Bedroom 1 Level: First
Bedroom 2
  • Bedroom 2: Bedroom 2
  • Bedroom 2 Level: Second
Bedroom 3
  • Bedroom 3: Bedroom 3
  • Bedroom 3 Level: Second
Dining Room
  • Dining Room: Dining Room
  • Dining Room Level: First
Kitchen
  • Kitchen: Kitchen
  • Kitchen Level: First
  • Kitchen Countertop: Formica
Living Room
  • Living Room: Living Room
  • Living Room Level: First
Other Room 1
  • Other Room 1: Other Room 1
  • Other Room 1 Level: Basement
Rental
Rent Information
  • Land Lease: No
  • Pets Allowed: Other Restrictions

Property History for 501 New Dam Road

DateEvent & SourcePriceAppreciation
Mar 22, 2022

Sold

Maine Listings #1519607

$340,000—
Feb 17, 2022

Pending

Maine Listings #1519607

—
Feb 4, 2022

Listed (Active)

Maine Listings #1519607

$289,000—
DateEvent & SourcePrice
03/22/2022

Sold

Maine Listings #1519607

$340,000
02/17/2022

Pending

Maine Listings #1519607

—
02/04/2022

Listed (Active)

Maine Listings #1519607

$289,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 501 New Dam Road

Taxable ValueLand$40,000Additions$274,500Total$314,500
Tax Record2025$3,485 ($290 / month)
Home Facts
Beds3Baths1.5Total Finished SqFt1,152 SqFtAbove Grade Finished SqFt1,152 SqFtStories2StyleSingle Family ResidenceYear Built1990Year Renovated1990CountyYORKAPNWTBR M:042 L:00A-501

Schools near 501 New Dam Road

This home is within Regional School Unit 57 Msad 57.
Rating
School
Type
Grades
Distance
Waterboro Elementary School
Public - PK to 5
Massabesic Middle School
Public - 6 to 8
Massabesic High School
Public - 9 to 12
Line Elementary School
Public - PK to 5
Rating
School
Distance
Waterboro Elementary School
PublicPK to 5

Massabesic Middle School
Public6 to 8

Massabesic High School
Public9 to 12

Line Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 501 New Dam Road, Waterboro, ME 04061
$340,000
3
1,672
20,037
497 New Dam Road, Waterboro, ME 04061
$391,000
4
1,428
21,780
498 New Dam Road, North Waterboro, ME 04061
–
3
1
1,092
–
9 Wolf Circle, Waterboro, ME 04061
$205,000
3
1,092
9,583
7 Wolf Circle, North Waterboro, ME 04061
–
3
2
1,224
–
8 Wolf Circle, Waterboro, ME 04061
$231,000
4
1,612
20,473

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Coastal and Lakes & Mountains Realty

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.