NOT LISTED FOR SALE

11 Pilot Point Rd Cape Elizabeth, ME 04107

Estimated Value: $1,575,000 - $1,971,873

5 Beds
4.5 Baths
3,700 Sq Ft
$489/Sq Ft Est. Value

Last Sold November 16, 2020

Last sale price $1,325,000 $358 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $11,435/month

60 Days on Market

Highlights

  • Ocean Front
  • Nearby Water Access
  • Country Club
  • Pond Cove Elementary School Rated A
  • Public Beach
  • Finished Room Over Garage

About This Home

As of November 2020

Nothing is lost on this stunning, Cape Elizabeth luxury property located in the seaside neighborhood of Shore Acres / Trundy Point. Exquisite choices in color, design and practicality offer high-end finishes and floor plan providing a comfortable and spacious layout for guests and family, as well as outdoor living spaces, landscaped with stonework and a fireplace, all tucked into a private setting with ocean views.

From the moment you enter, a feeling of comfort and beauty blend flawlessly, breathing sophistication and calm. The living/sunken family room with two fireplaces leads into the open dining area and kitchen. The designer kitchen, featured on Cape Elizabeth's Kitchen Tour was thoughtfully created to provide everything you need for everyday living, as well as entertaining. Features include the honed Calcutta quartzite oversized island and countertops, professional high- performing stainless Thermador appliances, the large paneled refrigerator and a six burner gas stove top with pasta faucet, a separate coffee/wet bar w/ wine cooler and a large walk-in pantry w/sliding doors made from reclaimed wood. The large farm sink strategically placed with water views is framed by pale gray custom cabinetry and brass hardware which bounces off other finishes resulting in a palette that is both classical and fresh. Large mudroom with built-ins, first floor office and powder room, five bedrooms, including two ''master suites'' with walk-in closets, second floor deck, heat-pumps, full- house generator and economic solar power. Located near neighborhood beaches, walking trails, biking, state parks and beaches and ten minutes from Downtown Portland and fifteen minutes Portland's International Jetport.

Last Agent to Sell the Property

Mary Libby

Mary Libby Living Real Estate Brokerage Email: mary@marylibby.com Listed on: 10/08/2020

Last Buyer's Agent

Andrew Carr

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,914

Year Built

  • Built in 1962

Lot Details

  • 0.68 Acre Lot
  • Ocean Front
  • Public Beach
  • Fenced
  • Landscaped
  • Level Lot
  • Irrigation
  • Property is zoned RA

Parking

  • 2 Car Direct Access Garage
  • Finished Room Over Garage
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Gambrel Roof
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,700 Sq Ft Home
  • Built-In Features
  • Coffered Ceiling
  • Wood Burning Fireplace
  • Gas Fireplace
  • Mud Room
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Home Office
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 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
  • Shower Only
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Exterior Basement Entry

Eco-Friendly Details

  • ENERGY STAR/CFL/LED Lights
  • Solar Power System
  • Solar Heating System

Outdoor Features

  • Nearby Water Access
  • Property Near A Cove
  • Balcony
  • Deck
  • Patio
  • Porch

Location

  • Property is near a golf course
  • Suburban Location

Utilities

  • Cooling Available
  • Zoned Heating
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Heat Pump System
  • Radiant Heating System
  • Baseboard Heating
  • Hot Water Heating System
  • Generator Hookup
  • Power Generator
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 095
  • Assessor Parcel Number CAPE-012095U

Community Details

Recreation

  • Country Club

Additional Features

  • No Home Owners Association
  • Community Storage Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,914

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.68
  • Road Surface Type: Paved
  • Water Body Name: Atlantic Ocean
  • MLS Status: Closed
  • Directions: Route # 77 to Trundy Road /Shore Acres Right onto Katahdin to the end. Slight right onto Pilot Point house is immediately on the left.
  • Above Grade Finished Sq Ft: 3700.0
  • Architectural Style: Gambrel, Other Style
  • Garage Yn: Yes
  • Efficiency: LED Light Fixtures
  • Year Built: 1962
  • Attribution Contact: mary@marylibby.com
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 0.68
  • Property Information:Total Baths: 5.0
  • Property Information:SqFt Finished Above Grade: 3700.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Heat Fuel:Propane: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Amenities:Fence: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Amenities:Security System: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 2.0
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Cooling:Heat Pump3: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: 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
  • Living Room:Living Room: 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
  • Location:Suburban: Yes
  • Basement:Partial: Yes
  • Mud Room:Mud Room: Yes
  • Heat System:Multi-Zones: Yes
  • Heat System:Radiant: Yes
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Office:Office: Yes
  • Appliances Included:Cooktop: Yes
  • Appliances Included:Wall Oven: Yes
  • Bedroom 1 Amenities:Full Bath: Yes
  • Parking:Paved3: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Living Room Amenities:Wood Burning Fireplace14: Yes
  • Primary Bedroom Amenities:Double Vanities6: Yes
  • Room Features:Double Vanities17: Yes
  • Room Features:Soaking Tub17: Yes
  • Room Features:Wood Burning Fireplace29: Yes
  • Dining Room Amenities:Dining Area: Yes
  • Room Features:Dining Area2: Yes
  • Site:RollingSloping: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Family Room:Family Room: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Equipment:Cable: Yes
  • View:Scenic: Yes
  • Location:Near Country Club: Yes
  • Kitchen Countertop:Solid Surface: Yes
  • Kitchen Countertop:Quartz: Yes
  • Water Info:Island3: No
  • Equipment:Generator: Yes
  • Laundry Room:Laundry Room: Yes
  • Office Amenities:Built-Ins16: Yes
  • Room Features:Built-Ins30: Yes
  • Style:Gambrel: Yes
  • Room Features:BalconyDeck17: Yes
  • Basement Entry:Exterior Only: Yes
  • Bedroom Amenities 2:Full Bath2: Yes
  • Living Room Amenities:Informal2: Yes
  • Room Features:Separate Shower17: Yes
  • Room Features:Gas Fireplace29: Yes
  • Energy Efficiency:LED Light Fixtures: Yes
  • Primary Bedroom Amenities:Built-Ins15: Yes
  • Mud Room Amenities:Built-Ins17: Yes
  • Family Room Amenities:Built-Ins10: Yes
  • Bedroom Amenities 2:Suite2: Yes
  • Amenities:Irrigation System: Yes
  • Heat Fuel:Solar: Yes
  • Room Features:Above Garage28: Yes
  • Bedroom 1 Amenities:Suite: Yes
  • Primary Bedroom Amenities:Above Garage7: Yes
  • Room Features:Coffered Ceiling29: Yes
  • Bedroom 1 Amenities:BalconyDeck: Yes
  • Family Room Amenities:Gas Fireplace9: 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: 2
  • Family Room Amenities Coffered Ceiling9: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Wall Oven, Refrigerator, Microwave, Dryer, Disposal, Dishwasher, Cooktop
  • Has Basement: Partial, Exterior Entry, Bulkhead, Exterior Only, Unfinished
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Walk-in Closets, Bathtub, Other, Pantry, Shower, Storage, Primary Bedroom w/Bath
  • Bedroom 2 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: Second
  • Laundry Room Laundry Room Level: Second

Exterior Features

  • Fencing: Fenced
  • Lot Features: Level, Rolling Slope, Landscaped, Near Golf Course, Near Public Beach, Near Shopping, Near Town, Neighborhood, Suburban, Irrigation System
  • View: Scenic
  • Waterfront Features: Cove, Ocean
  • Waterfront: No
  • Construction Type: Wood Siding, Shingle Siding, Wood Frame
  • Exterior Features: Animal Containment System
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Patio, Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Paved, Garage Door Opener, Inside Entrance

Utilities

  • Laundry Features: Upper Level
  • Security: Security System
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Radiant, Multi-Zones, Hot Water, Heat Pump, Baseboard
  • Heating Yn: Yes
  • Electric: Solar, Generator Hookup, Combination, Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Schools

  • Junior High Dist: Cape Elizabeth Public Schools

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 29620.8
  • Parcel #: CAPE-012095U
  • Zoning: RA

Tax Info

  • Tax Annual Amount: 18914.0
  • Tax Book Number: 28737
  • Tax Lot: 095
  • Tax Map Number: U12
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2020
Closed on
Nov 12, 2020
Sold by
Reynolds Thomas Q and Reynolds Mika
Bought by
Alter Michael J and Alter Amanda
Seller's Agent
Mary Libby
Mary Libby Living Real Estate
Buyer's Agent
Andrew Carr
Coldwell Banker Realty
List Price
$1,750,000
Sold Price
$1,325,000
Premium/Discount to List
-$425,000
-24.29%
Total Days on Market
60
Current Estimated Value
$1,807,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$482,624
Avg. Annual Appreciation
7.58%
Original Mortgage
$340,000
Outstanding Balance
$308,023
Interest Rate
2.8%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,540,970

Purchase Details

Closed on
Jun 3, 2011
Sold by
Borduas Eric M
Bought by
Reynolds Thomas Q and Reynolds Mika

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$753,250
Interest Rate
4.85%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Alter Michael J -- None Available
Reynolds Thomas Q -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alter Michael J $340,000
Open Alter Michael J $510,400
Previous Owner Reynolds Thomas Q $75,000
Previous Owner Reynolds Thomas Q $730,000
Previous Owner Reynolds Thomas Q $753,250
Previous Owner Borduas Eric M $412,000
Previous Owner Borduas Eric M $417,000
Previous Owner Richard Michael J $249,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2020 11/16/20 Sold $1,325,000 -24.3% $358 / Sq Ft
10/14/2020 10/14/20 Pending -- -- --
08/14/2020 08/14/20 For Sale $1,750,000 -- $473 / 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 $15,908 $1,446,200 $637,600 $808,600
2023 $39,973 $1,789,300 $885,500 $903,800
2022 $20,327 $961,100 $451,500 $509,600
2021 $19,472 $961,100 $451,500 $509,600
2020 $19,145 $961,100 $451,500 $509,600
2019 $18,914 $961,100 $451,500 $509,600
2018 $18,280 $961,100 $451,500 $509,600
2017 $16,819 $934,400 $451,500 $482,900
2016 $16,389 $934,400 $451,500 $482,900
2015 $15,773 $934,400 $451,500 $482,900
2013 $13,701 $841,600 $451,500 $390,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1464459

Maine Listings

APN: CAPE-012095U