NOT LISTED FOR SALE

1 Tanglewood Place Cape Elizabeth, ME 04107

Estimated Value: $4,657,000 - $5,341,636

5 Beds
5.5 Baths
6,348 Sq Ft
$785/Sq Ft Est. Value

Last Sold November 24, 2020

Last sale price $3,770,000 $594 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $30,861/month

Highlights

  • 110 Feet of Waterfront
  • New Construction
  • Secondary Bathroom Soaking Tub
  • Pond Cove Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of November 2020

New construction situated on 110 feet of owned ocean frontage in the desirable Broad Cove neighborhood! Elegantly designed by Joseph Waltman this home is beautifully appointed inside and outside with expansive and dramatic ocean views and custom finishes. The kitchen is a chef's dream while the great room provides a wonderful entertaining space with a stone fireplace and a bank of custom windows that perfectly capture the ever changing water views. Additional highlights include a flexible floor plan with both first and second floor master suites, a second floor great room, third floor wet bar and a 20' x 18' widow's walk.

Last Agent to Sell the Property

David Banks

RE/MAX By The Bay Listed on: 11/24/2020

RE/MAX By The Bay

Last Buyer's Agent

David Banks

RE/MAX By The Bay

RE/MAX By The Bay

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,151

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 0.82 Acre Lot
  • 110 Feet of Waterfront
  • Ocean Front
  • Cul-De-Sac
  • Landscaped
  • Level Lot
  • Property is zoned RA

Parking

  • 3 Car Direct Access Garage
  • Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Membrane Roofing
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 6,348 Sq Ft Home
  • Wood Burning Fireplace
  • Mud Room
  • Great Room
  • Dining Room
  • Bonus Room
  • Sink in Utility Room

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Gas Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Bedroom Suite
  • Dual Vanity Sinks in Primary Bathroom
  • Secondary Bathroom Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Unfinished Basement

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

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Underground Utilities
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Community Storage Space

Listing and Financial Details

  • Tax Lot 45
  • Assessor Parcel Number CAPE-038045U

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,151

Year Built

Built in 2019 | New Construction

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.82
  • Road Surface Type: Paved
  • Water Body Name: Atlantic Ocean
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 6348.0
  • Architectural Style: Shingle Style
  • Garage Yn: Yes
  • New Construction: Yes
  • Year Built: 2019
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.82
  • Property Information:Total Baths: 6.0
  • Property Information:SqFt Finished Above Grade: 6348.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Appliances Included:Dishwasher: Yes
  • Heat Fuel:Propane: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 3.0
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Property Condition:New Construction: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Cooling:Central Air: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Amenities:Walk-in Closets: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Kitchen Amenities:Island: Yes
  • Primary Bedroom Amenities:Full Bath7: Yes
  • Primary Bedroom Amenities:Suite6: Yes
  • Primary Bedroom Amenities:Walk-in Closet6: Yes
  • Room Features:Eat-in Kitchen2: Yes
  • Room Features:Island2: Yes
  • Room Features:Suite17: Yes
  • Room Features:Walk-in Closet17: Yes
  • Mud Room:Mud Room: Yes
  • Bonus Room:Bonus Room: Yes
  • Appliances Included:Wall Oven: Yes
  • Bedroom 1 Amenities:Full Bath: Yes
  • Primary Bedroom Amenities:Double Vanities6: Yes
  • Room Features:Double Vanities17: Yes
  • Room Features:Soaking Tub17: Yes
  • Room Features:Wood Burning Fireplace29: Yes
  • Water Info:Waterfront Amount -: 110.0
  • Water Info:Water Frontage Owned -: 110.0
  • Appliances Included:Gas Range: Yes
  • Great Room:Great Room: Yes
  • View:Scenic: Yes
  • Laundry Room:Laundry Room: Yes
  • Roof:Membrane: Yes
  • Site:Cul-De-Sac: Yes
  • Electric:Underground: Yes
  • Style:Shingle Style: Yes
  • Room Features:Separate Shower17: Yes
  • Bedroom 1 Amenities:Walk-in Closet: Yes
  • Laundry Room Amenities:Utility Sink: Yes
  • Room Features:Utility Sink2: Yes
  • Great Room Amenities:Wood Burning Fireplace11: Yes
  • Bedroom 1 Amenities:Double Vanities: Yes
  • Bedroom 1 Amenities:Separate Shower: Yes
  • Bedroom 1 Amenities:Soaking Tub: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: NewHome

Interior Features

  • Appliances: Wall Oven, Refrigerator, Gas Range, Dishwasher
  • Has Basement: Full, Exterior Entry, Bulkhead, Interior Entry, Unfinished
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Walk-in Closets, 1st Floor Primary Bedroom w/Bath, Storage
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Bedroom 4 Level: Upper
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Primary Bedroom Primary Bedroom Level: Second
  • Bedroom 1:Bedroom 1 Level: First
  • Laundry Room Laundry Room Level: Second

Exterior Features

  • Lot Features: Cul-De-Sac, Level, Landscaped, Neighborhood
  • View: Scenic
  • Waterfront Features: Ocean
  • Waterfront: Yes
  • Construction Type: Shingle Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Property Condition: New Construction
  • Roof: Membrane, Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: 1 - 4 Spaces, Paved, Inside Entrance

Utilities

  • Laundry Features: Utility Sink, Upper Level
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Hot Air
  • Heating Yn: Yes
  • Electric: Underground, Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 35719.2
  • Parcel #: CAPE-038045U
  • Zoning: RA

Tax Info

  • Tax Annual Amount: 32150.8
  • Tax Book Number: 36770
  • Tax Lot: 45
  • Tax Map Number: U35
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2020
Closed on
Nov 18, 2020
Sold by
Waltman Way Llc
Bought by
Tonkovich Steven M and Tonkovich Marsha
Seller's Agent
David Banks
RE/MAX By The Bay
Buyer's Agent
David Banks
RE/MAX By The Bay
List Price
$3,995,000
Sold Price
$3,770,000
Premium/Discount to List
-$225,000
-5.63%
Current Estimated Value
$4,983,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,213,879
Avg. Annual Appreciation
5.34%
Original Mortgage
$1,800,000
Outstanding Balance
$1,598,320
Interest Rate
1.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$3,240,907
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
Tonkovich Steven M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tonkovich Steven M $1,800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2020 11/24/20 Sold $3,770,000 -5.6% $594 / Sq Ft
11/24/2020 11/24/20 For Sale $3,995,000 -- $629 / Sq Ft
10/23/2020 10/23/20 Pending -- -- --
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 $46,987 $4,271,500 $2,057,600 $2,213,900
2023 $107,476 $4,810,900 $2,338,100 $2,472,800
2022 $34,136 $1,614,000 $932,700 $681,300
2021 $32,700 $1,614,000 $932,700 $681,300
2020 $32,151 $1,614,000 $932,700 $681,300
2019 $27,741 $1,409,600 $932,700 $476,900
2018 $18,229 $958,400 $932,700 $25,700
2017 $17,251 $958,400 $932,700 $25,700
2016 $16,810 $958,400 $932,700 $25,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1476926

Maine Listings

APN: CAPE-038045U