NOT LISTED FOR SALE

1 Ocean View Terrace Harpswell, ME 04079

Estimated Value: $546,000 - $571,171

2 Beds
1 Bath
672 Sq Ft
$833/Sq Ft Est. Value

Last Sold August 17, 2023

Last sale price $525,000 $781 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,271/month

1 Day on Market

Highlights

  • 25 Feet of Waterfront
  • Wood Flooring
  • 1 Fireplace
  • Nearby Water Access
  • Main Floor Bedroom
  • Corner Lot

About This Home

As of August 2023

Welcome to Ocean View Terrace, a breathtaking coastal haven nestled in the picturesque town of Harpswell, Maine. This stunning property offers an idyllic blend of serenity, natural beauty, and unparalleled views of the majestic Atlantic Ocean. Perfectly situated on a gently sloping lot, this terrace-style residence provides an exceptional vantage point to witness the ebb and flow of the tides and the ever-changing colors of the sea.

As you step inside you'll quickly feel the modern elegance that blends seamlessly with coastal charm. The open concept interior is filled with an abundance of natural light from the large windows that frame the stunning ocean vista.

Two cozy bedrooms flanked the open living space, each designed to ensure a comfortable peaceful retreat. Clean lines from a freshly updated kitchen invite you in to make a quick meal or prep for a more extravagant gathering. Step outside onto the large ocean-facing terrace - an ideal space for entertaining, morning coffee, or simply basking in the beauty of nature. A fully fenced in side yard, new Jotul propane fireplace, and generator are all added perks that make this cottage even more spectacular and practical. A 4 bedroom septic design also allows for possible future expansion.

Harpswell is renowned for its pristine coastline, charming fishing villages, and an abundance of outdoor activities. Whether you enjoy boating, kayaking, fishing, or exploring scenic hiking trails, this region offers a myriad of opportunities to connect with nature. Nearby amenities include quaint local shops, renowned seafood restaurants, and cultural attractions that showcase the rich history and charm of the area.

If you're looking for a charming Maine home you've found it here at One Ocean View Terrace.

Last Agent to Sell the Property

Lisa Andrade

Dream Home Realty LLC Listed on: 07/11/2023

Last Buyer's Agent

Amy Saxton

Basin Point Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,902

Year Built

  • Built in 1950

Lot Details

  • 0.44 Acre Lot
  • 25 Feet of Waterfront
  • Ocean Front
  • Property Fronts a Bay or Harbor
  • Corner Lot
  • Level Lot
  • Open Lot
  • Property is zoned SZ

HOA Fees

  • $23 Monthly HOA Fees

Parking

  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Cottage
  • Bungalow
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 672 Sq Ft Home
  • 1 Fireplace
  • Great Room
  • Wood Flooring

Kitchen

  • Electric Range
  • Stove
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Nearby Water Access

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Baseboard Heating
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic System
  • Private Sewer

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number HARP-000012-000000-000014

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,902

Year Built

Built in 1950

Lot Details

0

HOA Fees

$23 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.44
  • Water Body Name: Middle Bay, Atlantic Ocean
  • MLS Status: Closed
  • Directions: 123 South from Bowdoin College. 9 miles to Sunset Cove Road on right. Left onto Gingers Way. House on Left at bottom of Gingers way.
  • Above Grade Finished Sq Ft: 672.0
  • Architectural Style: Cottage, Bungalow
  • Garage Yn: No
  • Year Built: 1950
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.44
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 672.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Location Information:Association Fee: 275.0
  • Location Information:Fee Frequency Paid: Annually
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Roof:Metal: Yes
  • Style:Bungalow: Yes
  • Exterior:Wood Siding: Yes
  • Sewer:Private Sewer: Yes
  • Recreational Water:Nearby: Yes
  • Recreational Water:Oceanfront: Yes
  • Water Info:Waterfront Amount -: 25.0
  • Water Info:Water Frontage Shared -: 25.0
  • Style:Cottage: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Great Room:Great Room: Yes
  • View:Scenic: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Microwave, Electric Range
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes
  • Bedroom 2 Level: First
  • Kitchen Kitchen Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Corner Lot, Level, Open Lot, Neighborhood
  • View: Scenic
  • Waterfront Features: Bay, Ocean
  • Waterfront: Yes
  • Construction Type: Wood Siding, Shingle Siding, Wood Frame
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Gravel

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association Fee: 275.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 19166.4
  • Parcel #: HARP-000012-000000-000014
  • Zoning: SZ

Tax Info

  • Tax Annual Amount: 1902.0
  • Tax Book Number: 36175
  • Tax Lot: 14
  • Tax Map Number: 12
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2023
Closed on
Aug 17, 2023
Sold by
Carr April
Bought by
Dombrowski Diane M
Seller's Agent
Lisa Andrade
Dream Home Realty LLC
Buyer's Agent
Amy Saxton
Basin Point Real Estate
List Price
$539,000
Sold Price
$525,000
Premium/Discount to List
-$14,000
-2.6%
Current Estimated Value
$559,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,543
Avg. Annual Appreciation
4.69%
Original Mortgage
$420,000
Outstanding Balance
$412,053
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$163,292

Purchase Details

Listed on
Aug 1, 2019
Closed on
Nov 15, 2019
Sold by
Spugnardi Dino A and Spugnardi Lynne L
Bought by
Carr April
Seller's Agent
Laurie Haggerty
Roxanne York Real Estate
Buyer's Agent
Kristina Keaney
Legacy Properties Sotheby's International Realty
List Price
$375,000
Sold Price
$340,000
Premium/Discount to List
-$35,000
-9.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.25%
Original Mortgage
$290,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2016
Sold by
Brillant Leon C and Lamarre Marsha
Bought by
Spugnardi Dino A and Spugnardi Lynne L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
3.6%
Mortgage Type
New Conventional
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
Dombrowski Diane M $525,000 None Available
Carr April -- --
Spugnardi Dino A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dombrowski Diane M $420,000
Previous Owner Carr April $290,000
Previous Owner Spugnardi Dino A $280,000
Previous Owner Spugnardi Dino A $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2023 08/17/23 Sold $525,000 -2.6% $781 / Sq Ft
07/12/2023 07/12/23 Pending -- -- --
07/11/2023 07/11/23 For Sale $539,000 +58.5% $802 / Sq Ft
11/15/2019 11/15/19 Sold $340,000 -9.3% $506 / Sq Ft
10/02/2019 10/02/19 Pending -- -- --
08/01/2019 08/01/19 For Sale $375,000 -- $558 / 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 $2,390 $375,800 $164,400 $211,400
2023 $2,267 $371,600 $164,400 $207,200
2022 $1,902 $322,400 $164,400 $158,000
2021 $1,670 $247,100 $152,800 $94,300
2020 $1,665 $247,100 $152,800 $94,300
2019 $1,301 $194,200 $125,000 $69,200
2018 $1,258 $194,200 $125,000 $69,200
2017 $1,255 $194,200 $125,000 $69,200
2016 $1,343 $209,800 $152,800 $57,000
2015 $1,309 $209,800 $152,800 $57,000
2013 $1,213 $209,800 $152,800 $57,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1562657

Maine Listings

APN: 12/ 14/ / /