Seller's Agent in 2023
Mary Libby
Mary Libby Living Real Estate
(207) 712-5594
35 in this area
77 Total Sales
12 Cragmoor Cape Elizabeth, ME 04107
3
Beds
5.5
Baths
3,400
Sq Ft
0.59
Acres
Highlights
- Deeded Waterfront Access Rights
- Ocean Front
- Country Club
- Pond Cove Elementary School Rated A
- Public Beach
- Deck
About This Home
As of July 2023Discover 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 Living Real Estate Brokerage Email: mary@marylibby.com Listed on: 07/12/2023
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
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
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
-16.46%
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $2,453,100 | None Available | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $647,200 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $875,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $1,000,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $150,000 | Unknown | |
| Previous Owner | $992,000 | Purchase Money Mortgage |
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
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
-
Mary Libby
-
Andrea Pellechia
A
Buyer's Agent in 2023
Andrea Pellechia
Legacy Properties Sotheby's International Realty
(207) 831-0447
37 in this area
108 Total Sales
-
Anne Bosworth
A
Buyer Co-Listing Agent in 2023
Anne Bosworth
Legacy Properties Sotheby's International Realty
(207) 780-8900
52 in this area
135 Total Sales
-
Holly Mitchell
Buyer's Agent in 2018
Holly Mitchell
Keller Williams Realty
(207) 879-9800
341 Total Sales
Map
Source: Maine Listings
MLS Number: 1564978
APN: CAPE-002047U
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