NOT LISTED FOR SALE

Estimated Value: $1,877,000 - $2,509,536

3 Beds
5.5 Baths
3,400 Sq Ft
$673/Sq Ft Est. Value

Last Sold July 28, 2023

Last sale price $3,315,000 $975 Per Sq Ft

Est. 31% decrease in value since last sale

Current estimated payment $14,639/month

2 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Ocean Front
  • Country Club
  • Pond Cove Elementary School Rated A
  • Public Beach
  • Deck

About This Home

As of July 2023

Discover the understated elegance of this special property located in Cape Elizabeth's Cragmoor neighborhood. With stunning water views from three floors, an expansive lawn with perennial gardens, a private neighborhood beach, and located just ten minutes from bustling downtown Portland, this home offers the best of Southern Maine living. Two decks and a new fieldstone patio provide ample space to relax and watch the lively boat traffic of the shipping channel, and to bask in the sunsets and evening light. Throw in a kayak, hop on a paddleboard or look for sea glass from Cragmoor's quiet rocky beach.

Inside, you will find walls of windows, a bright, open first-floor plan, updated kitchen, cozy living area with a newer gas fireplace, plus four well-sized bedrooms, a finished basement, and a magnificent third floor. With many wonderful, updated spaces for entertaining, this is a perfect home for hosting family and friends. Fruit trees, mature birch trees, and a stunning dry stone wall completes the landscape. The property comprises two lots, totaling .59 acres providing the opportunity for expansion, a pool, or additional garden space.

With some of the area's finest local bakeries, cafes, shops and restaurants to the north, and the famed Portland Head Light, plus the Cape Elizabeth trail system to the south, the walkability of this home is unparalleled. Nearby Downtown Portland, with its renowned culinary scene, Portland Museum of Art, Old Port and working waterfront offers year round entertainment. Additionally, Portland's International Jetport, with direct flights to many metropolitan areas, is just fifteen minutes away and makes it easy to leave and get back to this truly unique home.

Last Agent to Sell the Property

Mary Libby

Mary Libby Living Real Estate Brokerage Email: mary@marylibby.com Listed on: 07/12/2023

Last Buyer's Agent

Andrea Pellechia

Legacy Properties Sotheby's International Realty

Legacy Properties Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,803

Year Built

  • Built in 2008

Lot Details

  • 0.59 Acre Lot
  • Ocean Front
  • Property Fronts a Bay or Harbor
  • Property fronts a private road
  • Public Beach
  • Cul-De-Sac
  • Landscaped
  • Interior Lot
  • Open Lot
  • Property is zoned RC

Parking

  • 2 Car Direct Access Garage
  • Electric Vehicle Home Charger
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Concrete Fiber Board Siding
  • Radon Mitigation System
  • Concrete Perimeter Foundation

Interior Spaces

  • Built-In Features
  • Gas Fireplace
  • Mud Room
  • Living Room
  • Home Office
  • Home Gym
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Marble Countertops
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Bedroom Suite
  • Soaking Tub and Shower Combination in Primary Bathroom
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Finished Basement

  • Partial Basement
  • Interior Basement Entry
  • Sump Pump
  • Crawl Space

Outdoor Features

  • Deeded Waterfront Access Rights
  • Beach Access
  • Nearby Water Access
  • Balcony
  • Deck
  • Patio

Location

  • Property is near public transit
  • Property is near a golf course
  • Suburban Location

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Radiant Heating System
  • Baseboard Heating
  • Underground Utilities
  • Generator Hookup
  • Power Generator
  • Oil Water Heater
  • Internet Available

Listing and Financial Details

  • Exclusions: tv in living room
  • Tax Lot 047
  • Assessor Parcel Number CAPE-002047U

Community Details

Recreation

  • Country Club

Additional Features

  • No Home Owners Association
  • Community Storage Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,803

Year Built

Built in 2008

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.59
  • Road Frontage Type: Private
  • Road Surface Type: Paved
  • Water Body Name: Casco Bay/Atlantic Ocean/Shipping Channel
  • MLS Status: Closed
  • Directions: Cottage Road turns into Shore. Cragmoor is on the left soon after crossing the Cape Elizabeth town line.
  • Above Grade Finished Sq Ft: 3000.0
  • Architectural Style: Other Style
  • Garage Yn: Yes
  • Year Built: 2008
  • Attribution Contact: mary@marylibby.com
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 0.59
  • Property Information:Total Baths: 6.0
  • Property Information:SqFt Finished Above Grade: 3000.0
  • Property Information:SqFt Finished Below Grade: 400.0
  • Property Information:Garage: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: 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
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Amenities:Security System: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 2.0
  • Roads:Private: Yes
  • Kitchen Countertop:Granite: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Amenities:Walk-in Closets: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Kitchen Amenities:Island: Yes
  • Living Room:Living Room: 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
  • 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
  • Amenities:Bathtub: Yes
  • Office:Office: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Cooktop: Yes
  • Appliances Included:Wall Oven: Yes
  • Roof:Pitched: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Primary Bedroom Amenities:Soaking Tub6: Yes
  • Room Features:Soaking Tub17: Yes
  • Recreational Water:Deeded: Yes
  • Property Information:Deed Restrictions: Unknown
  • Appliances Included:Gas Range: Yes
  • Property Information:Bank Owned REO: No
  • Water Heater:Oil2: Yes
  • View:Scenic: Yes
  • Location:Near Country Club: Yes
  • Equipment:Generator: Yes
  • Basement:Sump Pump: Yes
  • Room Features:Built-Ins30: Yes
  • Exterior:Fiber Cement: Yes
  • Primary Bedroom Amenities:BalconyDeck6: Yes
  • Room Features:BalconyDeck17: Yes
  • Exercise Room:Exercise Room: Yes
  • Site:Cul-De-Sac: Yes
  • Electric:Underground: Yes
  • Equipment:Air Radon Mitigation System: Yes
  • Transportation:Public Transport Access: Yes
  • Recreational Water:Beach Rights: Yes
  • Primary Bedroom Amenities:Separate Shower6: Yes
  • Room Features:Separate Shower17: Yes
  • Living Room Amenities:Gas Fireplace5: Yes
  • Room Features:Gas Fireplace29: Yes
  • Living Room Amenities:Built-Ins14: Yes
  • Mud Room Amenities:Built-Ins17: Yes
  • Kitchen Countertop:Marble: Yes
  • Bedroom 1 Amenities:Suite: Yes
  • Parking:Electric Vehicle Charging Station(s): Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: None

Interior Features

  • Appliances: Washer, Wall Oven, Refrigerator, Microwave, Gas Range, Dryer, Disposal, Dishwasher, Cooktop
  • Has Basement: Crawl Space, Finished, Partial, Sump Pump, Interior Entry
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 400.0
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Walk-in Closets, Bathtub, Other, Shower, Storage, Primary Bedroom w/Bath
  • Bedroom 2 Level: Second
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: Second

Exterior Features

  • Lot Features: Cul-De-Sac, Open Lot, Right of Way, Landscaped, Interior Lot, Near Golf Course, Near Public Beach, Near Shopping, Near Town, Neighborhood, Suburban, Near Public Transit
  • View: Scenic
  • Waterfront Features: Bay, Harbor, Ocean
  • Waterfront: No
  • Exclusions: tv in living room
  • Construction Type: Other, Fiber Cement, Wood Frame
  • Foundation Details: Other, Concrete Perimeter
  • Patio And Porch Features: Deck, Patio
  • Roof: Pitched, Shingle
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Paved, Garage Door Opener, Inside Entrance, Electric Vehicle Charging Station(s)

Utilities

  • Laundry Features: Upper Level
  • Security: Security System
  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiant, Multi-Zones, Baseboard
  • Heating Yn: Yes
  • Electric: Underground, Generator Hookup, Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • 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: 25700.4
  • Parcel #: CAPE-002047U
  • Zoning: RC

Tax Info

  • Tax Annual Amount: 20803.0
  • Tax Book Number: 35109
  • Tax Lot: 047
  • Tax Map Number: U02
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2023
Closed on
Jul 28, 2023
Sold by
Saccani Damien J and Saccani Alison B
Bought by
E D Mueller & C Haines Lt and Haines
Seller's Agent
Mary Libby
Mary Libby Living Real Estate
Buyer's Agent
Andrea Pellechia
Legacy Properties Sotheby's International Realty
List Price
$2,995,000
Sold Price
$3,315,000
Premium/Discount to List
$320,000
10.68%
Total Days on Market
2
Current Estimated Value
$2,286,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,028,488
Avg. Annual Appreciation
-16.54%

Purchase Details

Listed on
May 25, 2018
Closed on
Aug 30, 2018
Sold by
Meserve John D
Bought by
Saccani Damien J and Saccani Alison B
Seller's Agent
Mary Libby
Legacy Properties Sotheby's International Realty
Buyer's Agent
Holly Mitchell
Keller Williams Realty
List Price
$1,995,000
Sold Price
$1,654,000
Premium/Discount to List
-$341,000
-17.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.21%
Original Mortgage
$1,000,000
Interest Rate
3.6%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 7, 2009
Sold by
Cragmoor Partners Llc and Wogan
Bought by
Meserve John D

Purchase Details

Closed on
Mar 6, 2007
Sold by
Mary P Hitchcock T P and Mary Klebe
Bought by
Cragmoor Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$992,000
Interest Rate
6.27%
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
E D Mueller & C Haines Lt $2,453,100 None Available
Saccani Damien J -- --
Meserve John D -- --
Cragmoor Partners Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Saccani Damien J $647,200
Previous Owner Saccani Damien J $875,000
Previous Owner Saccani Alison B $1,000,000
Previous Owner Cragmoor Partners Llc $150,000
Previous Owner Cragmoor Partners Llc $992,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2023 07/28/23 Sold $3,315,000 +10.7% $975 / Sq Ft
07/14/2023 07/14/23 Pending -- -- --
07/12/2023 07/12/23 For Sale $2,995,000 +81.1% $881 / Sq Ft
08/30/2018 08/30/18 Sold $1,654,000 -17.1% $494 / Sq Ft
08/10/2018 08/10/18 Pending -- -- --
05/25/2018 05/25/18 For Sale $1,995,000 -- $596 / 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 $21,643 $1,967,500 $1,161,700 $805,800
2023 $43,954 $1,967,500 $1,161,700 $805,800
2022 $20,803 $983,600 $407,600 $576,000
2021 $19,928 $983,600 $407,600 $576,000
2020 $19,581 $983,000 $407,600 $575,400
2019 $19,345 $983,000 $407,600 $575,400
2018 $18,697 $983,000 $407,600 $575,400
2017 $17,694 $983,000 $407,600 $575,400
2016 $17,242 $983,000 $407,600 $575,400
2015 $16,593 $983,000 $407,600 $575,400
2013 $16,003 $983,000 $407,600 $575,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1564978

Maine Listings

APN: CAPE-002047U