NOT LISTED FOR SALE

12 High Stepping Ln Arundel, ME 04046

Estimated Value: $671,000 - $1,138,000

2 Beds
1.5 Baths
1,914 Sq Ft
$488/Sq Ft Est. Value

Last Sold August 08, 2022

Last sale price $725,000 $379 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $5,805/month

4 Days on Market

Highlights

  • 12.64 Acre Lot
  • Wood Flooring
  • No HOA
  • Farm
  • Farmhouse Style Home
  • Living Room

About This Home

As of August 2022

This 12 acre property has so much to offer! In addition to the 1,900 sqft, 2 bedroom home, there's a 2 bedroom in-law apartment, 2 workshops, 1 of which has water and electricity and the other has access to power from another building, and a horse farm. The older barn has 8 stalls that are 7.5x11.5 feet and the 8 stalls in the new barn that are each 10x12 feet. The barn is currently being used for boarding with rent at $650 a stall. The property also has a 60x120 foot indoor arena with a heated viewing room. You'll find area for hay storage, a washing pad and the land has both dry lots and grass paddocks. While the home could use some tender loving care, don't let that stop you from your opportunity to own a horse farm in a rural setting, yet only 1.5 miles from stores and restaurants in the town of Kennebunk.

Last Agent to Sell the Property

Jeffrey Mateja

Keller Williams Realty Listed on: 06/09/2022

Keller Williams Realty

Co-Listed By

Katherine Azimi

Signature Homes Real Estate Group, LLC

Last Buyer's Agent

Sabine McElrath

Bean Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,381

Year Built

  • Built in 1880

Lot Details

  • 12.64 Acre Lot
  • Property fronts a private road
  • Dirt Road
  • Rural Setting
  • Property is zoned R-4

Parking

  • Gravel Driveway

Home Design

  • Farmhouse Style Home
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding
  • Clapboard

Interior Spaces

  • 1,914 Sq Ft Home
  • Living Room
  • Dining Room

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms

Basement

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

Farming

  • Farm
  • Agricultural
  • Pasture

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Private Water Source
  • Oil Water Heater
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 39B
  • Assessor Parcel Number ARUN-000043-000000-000039B

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,381

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 12.64
  • Road Frontage Type: Private
  • Road Surface Type: Gravel
  • Co List Office Mls Id: 2957
  • Co List Office Phone: 207-553-2605
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1914.0
  • Architectural Style: Farmhouse
  • Garage Yn: No
  • Year Built: 1880
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 12.64
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1914.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Roads:Private: Yes
  • Heat Fuel:Electric: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Exterior:Clapboard: Yes
  • Sewer:Private Sewer: Yes
  • Location:Rural: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Water Heater:Oil2: Yes
  • Site:Agriculture: Yes
  • Site:Farm: Yes
  • Site:PastureField: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Has Basement: Full, Interior Entry
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First

Exterior Features

  • Lot Features: Farm, Agriculture, Pasture, Rural
  • Waterfront: No
  • Construction Type: Clapboard, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 11 - 20 Spaces, Gravel

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 550598.4
  • Parcel #: ARUN-000043-000000-000039B
  • Zoning: R-4

Tax Info

  • Tax Annual Amount: 5381.0
  • Tax Book Number: 17363
  • Tax Lot: 39B
  • Tax Map Number: 43
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2022
Sold by
Russell Jon G
Bought by
Russell Emma R
Current Estimated Value
$933,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Outstanding Balance
$364,228
Interest Rate
4.67%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$549,641
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
Russell Emma R $450,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Russell Emma R $382,500
Previous Owner Country Sisters Stables $60,000
Previous Owner Country Sisters Stables $209,344
Previous Owner Farnsworth Anne L $275,000
Previous Owner Farnsworth Anne L $26,198
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2022 08/08/22 Sold $725,000 0.0% $379 / Sq Ft
06/14/2022 06/14/22 Pending -- -- --
06/09/2022 06/09/22 For Sale $725,000 -- $379 / 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 $7,500 $441,200 $81,400 $359,800
2023 $7,500 $441,200 $81,400 $359,800
2022 $6,848 $405,200 $81,400 $323,800
2021 $1,376 $81,400 $81,400 $0
2020 $1,362 $81,400 $81,400 $0
2019 $1,327 $81,400 $81,400 $0
2018 $1,296 $81,400 $81,400 $0
2017 $1,262 $81,400 $81,400 $0
2016 $5,095 $337,000 $84,500 $252,500
2015 $5,038 $337,000 $84,500 $252,500
2014 $4,887 $337,000 $84,500 $252,500
2013 $4,887 $337,000 $84,500 $252,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1531732

Maine Listings

APN: ARUN-000043-000000-000039