$390,000
SOLD JUL 19, 2024

15 Adams Ln Unit 2 Kittery, ME 03904

2 Beds
1 Bath
992 Sq Ft
$275/mo HOA Fee

Recently Sold

$393 Per Sq Ft

10% Below List Price

141 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Deck
  • Corner Lot
  • Horace Mitchell Primary School Rated A-
  • Wood Flooring
  • Bathtub

About This Home

As of July 2024

Great waterviews and waterfront! This sweet condo is one of 6 in the Adams Cove Condo Assoc. Features include full length sunroom overlooking the Piscataqua River with awesome sunset views. This upper unit has a vacation, beachy feel and features hardwood floors and mini-split heat and air conditioning. Quiet dead end street yet located very close to shopping, shipyard, restaurants in Kittery Foreside and downtown Portsmouth. There is a common waterfront area to launch your kayak, swim, fish or have a picnic while watching the varied river traffic! Would be a great purchase for a first-time buyer but also for an awesome weekend getaway! Sunroom could be winterized for additional living space. Condo fee covers a lot: water/sewer, trash, lawn mowing, snow removal, etc Pets allowed. Waterfront is approx 200' from this unit. 2 parking spaces per unit. This unit has room for a 3rd space. Easy to show.

Last Agent to Sell the Property

Pam Gray

RE/MAX Shoreline Listed on: 02/28/2024

RE/MAX Shoreline

Last Buyer's Agent

Kimberly Wade

The Aland Realty Group, LLC

The Aland Realty Group, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,168

Year Built

  • Built in 1957

Lot Details

  • 100 Feet of Waterfront
  • River Front
  • Property fronts a private road
  • Dirt Road
  • Street terminates at a dead end
  • Level Lot

HOA Fees

  • $275 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Membrane Roofing
  • Vinyl Siding

Interior Spaces

  • 992 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Wood Flooring
  • Water Views
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Dishwasher
  • Formica Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub

Parking

  • Common or Shared Parking
  • Gravel Driveway
  • Shared Driveway
  • On-Site Parking
  • Off-Street Parking
  • Reserved Parking

Outdoor Features

  • Deck
  • Enclosed Glass Porch

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Gas
  • Heat Pump System
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater

Community Details

  • 3 Buildings
  • 2 Units
  • Adams Cove Condominium Subdivision

Listing and Financial Details

  • Legal Lot and Block 23 / 22-15-2
  • Assessor Parcel Number 15AdamsLane#2Kittery03904

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,168

Year Built

Built in 1957

Lot Details

0

HOA Fees

$275 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: Private
  • Road Surface Type: Gravel
  • Water Body Name: Piscataqua
  • MLS Status: Closed
  • Subdivision Name: Adams Cove Condominium
  • Directions: Rte103 (Eliot Road) to Walker Avenue, follow to Adams Lane (gravel road), property will be on the left.
  • Above Grade Finished Sq Ft: 992.0
  • Architectural Style: Duplex
  • Garage Yn: No
  • Year Built: 1957
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 992.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Heat System:Forced Air: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Electric Range: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Location Information:Association Fee: 275.0
  • Location Information:Fee Frequency Paid: Monthly
  • Roads:Private: Yes
  • Foundation Materials:Slab: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Units in Building: 2
  • Cooling:Heat Pump3: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:One-Floor Living: Yes
  • Living Room:Living Room: Yes
  • Parking:On Site2: Yes
  • Amenities:Bathtub: Yes
  • Style:Duplex: Yes
  • Roads:Dead End: Yes
  • Water Info:Waterfront Amount -: 100.0
  • Water Info:Water Frontage Owned -: 100.0
  • Water Info:Water Frontage Shared -: 100.0
  • Driveway:Gravel: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Kitchen Countertop:Formica: Yes
  • Heat System:Direct Vent Heater: Yes
  • Roof:Membrane: Yes
  • Condominium:Total Units4: 6
  • Condominium:_pound_ of Buildings: 3
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Parking Reserved Parking: Yes
  • Parking Reserved Parking Spaces: 2
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 3
  • Appliances: Refrigerator, Electric Range, Disposal, Dishwasher
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: Bathtub, One-Floor Living
  • Bedroom 2 Level: Second
  • Kitchen Kitchen Level: Second
  • Living Room Living Room Level: Second

Exterior Features

  • Lot Features: Corner Lot, Level, Near Shopping, Near Turnpike/Interstate, Neighborhood
  • Waterfront Features: River
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Slab
  • Patio And Porch Features: Deck, Glass Enclosed
  • Roof: Membrane
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Gravel, Common, On Site, Off Street

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump, Forced Air, Direct Vent Heater
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 275.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Land Lease: No
  • Parcel #: 15AdamsLane#2Kittery03904
  • Zoning: R-S

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 6

Tax Info

  • Tax Annual Amount: 3168.4
  • Tax Block: 22-15-2
  • Tax Book Number: 13524
  • Tax Lot: 23
  • Tax Map Number: 2
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2024
Closed on
Jul 19, 2024
Sold by
Decoste Gary J
Bought by
Neelon Betsy
Seller's Agent
Pam Gray
RE/MAX Shoreline
Buyer's Agent
Kimberly Wade
The Aland Realty Group, LLC
List Price
$435,000
Sold Price
$390,000
Premium/Discount to List
-$45,000
-10.34%
Total Days on Market
141
Views
724
Current Estimated Value
$402,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,322
Avg. Annual Appreciation
3.48%
Original Mortgage
$331,500
Outstanding Balance
$329,277
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$73,045
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 Type Sale Price Title Company
Warranty Deed $390,000 None Available
Warranty Deed $390,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $331,500 Purchase Money Mortgage
Closed $331,500 Purchase Money Mortgage
Previous Owner $280,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $100,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $305,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $200,000 Commercial
Previous Owner $630,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2024 07/19/24 Sold $390,000 -2.5% $393 / Sq Ft
07/19/2024 07/19/24 Pending -- -- --
04/01/2024 04/01/24 Price Changed $399,900 -5.9% $403 / Sq Ft
03/16/2024 03/16/24 Price Changed $425,000 -2.3% $428 / Sq Ft
02/28/2024 02/28/24 For Sale $435,000 -- $439 / 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 $3,306 $232,800 $75,000 $157,800
2023 $3,168 $232,800 $75,000 $157,800
2022 $3,138 $232,800 $75,000 $157,800
2021 $3,026 $232,800 $75,000 $157,800
2020 $3,003 $232,800 $75,000 $157,800
2019 $2,742 $157,600 $76,600 $81,000
2018 $2,634 $156,800 $76,600 $80,200
2017 $2,587 $156,800 $76,600 $80,200
2016 $2,517 $156,800 $76,600 $80,200
2015 $2,457 $156,800 $76,600 $80,200
2014 $2,434 $156,800 $76,600 $80,200
2013 $2,386 $156,800 $76,600 $80,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1583064

Maine Listings

APN: KITT-000002-000000-000022-000015-2