NOT LISTED FOR SALE

15 Algonac Rd Cape Neddick, ME 03902

Ogunquit Neighborhood

Estimated Value: $2,786,000 - $3,160,000

3 Beds
3 Baths
3,700 Sq Ft
$801/Sq Ft Est. Value

Last Sold July 30, 2018

Last sale price $900,000 $243 Per Sq Ft

Est. 229% increase in value since last sale

Current estimated payment $17,131/month

188 Days on Market

Highlights

  • Ocean Front
  • Public Beach
  • Cape Cod Architecture
  • Coastal Ridge Elementary School Rated A-
  • 1.8 Acre Lot
  • 4-minute walk to Cape Neddick Park

About This Home

As of July 2018

POTENTIAL FAMILY COMPOUND this unique property overlooks Cape Neddick Harbor. Located in YORK CLIFFS Main House consists of formal LR, formal DR eat-in KIT, FR w/ stone FP & hardwood floors, office/study, MBR en suite, 2 more BR, 2 add'l BA, 3-car garage, sprawling open deck overlooking nearby beach. Income-producing attached APT has 2 BR, 1.5 BA, LR, KIT & open deck w/ harbor views Carriage House w/ 3-car garage & 1 BR Apt, also w/ open deck and harbor views. Priced well below assessment. Nearby beach

Last Agent to Sell the Property

Elias Thomas

Exit Key Real Estate Listed on: 10/20/2017

Co-Listed By

Jane Thomas

Exit Key Real Estate

Last Buyer's Agent

Troy Williams

Keller Williams Coastal and Lakes & Mountains Realty

Keller Williams Coastal and Lakes & Mountains Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,891

Year Built

  • Built in 1978

Lot Details

  • 1.8 Acre Lot
  • Ocean Front
  • Dirt Road
  • Public Beach
  • Open Lot
  • Lot Has A Rolling Slope
  • Property is zoned shoreland

Property Views

  • Water
  • Scenic Vista

Home Design

  • Cape Cod Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 3,700 Sq Ft Home
  • 1 Fireplace
  • Mud Room
  • Family Room
  • Living Room
  • Dining Room
  • Home Office

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • 3 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Natural lighting in basement

Parking

  • 3 Parking Spaces
  • Gravel Driveway

Location

  • Property is near a golf course

Utilities

  • No Cooling
  • Radiant Heating System
  • Baseboard Heating
  • Electric Water Heater
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 0035

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,891

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.8
  • Road Surface Type: Gravel
  • Water Body Name: Atlantic Ocean
  • Co List Office Phone: 207-636-2222
  • MLS Status: Closed
  • Directions: From Route 1, follow Clark Road to Agamenticus
  • Above Grade Finished Sq Ft: 3700.0
  • Architectural Style: Cape
  • Year Built: 1978
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 243.24
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.8
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 3700.0
  • Site:Open: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Basement:Daylight: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Mud Room:Mud Room: Yes
  • Heat System:Radiant: Yes
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Office:Office: Yes
  • Sewer:Private Sewer: Yes
  • Roads:GravelDirt: Yes
  • Driveway:Gravel: Yes
  • Site:RollingSloping: Yes
  • Family Room:Family Room: Yes
  • Property Information:Bank Owned REO: No
  • Property Information:_two_ Detached Houses on 1 Lot: No
  • View:Scenic: Yes
  • Vehicle Storage:_three_ Car: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: VirtualTour

Interior Features

  • Has Basement: Daylight, Full, Interior Entry
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Full Basement: Yes
  • 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
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Open Lot, Rolling Slope, Near Golf Course, Near Public Beach
  • View: Scenic
  • Waterfront Features: Ocean
  • Waterfront: No
  • Construction Type: Wood Siding, Shingle Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Gravel

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiant, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 78408.0
  • Parcel #: 999999
  • Zoning: shoreland

Tax Info

  • Tax Annual Amount: 11891.0
  • Tax Lot: 0035
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 17, 2022
Sold by
Lovetere John D
Bought by
J and Syrene J
Current Estimated Value
$2,963,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,016,000
Outstanding Balance
$1,883,401
Interest Rate
3.75%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,079,951

Purchase Details

Listed on
Oct 20, 2017
Closed on
Aug 2, 2018
Sold by
Meredith William H Est
Bought by
Lovetere John D
Seller's Agent
Elias Thomas
Exit Key Real Estate
Buyer's Agent
Troy Williams
Keller Williams Coastal and Lakes & Mountains Realty
List Price
$899,000
Sold Price
$900,000
Premium/Discount to List
$1,000
0.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.71%
Original Mortgage
$720,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
J $2,520,000 None Available
Syrene $2,520,000 None Available
Syrene $2,520,000 None Available
Lovetere John D -- --
Lovetere John D -- --
Lovetere John D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Syrene $2,016,000
Closed Syrene $2,016,000
Previous Owner Lovetere John D $720,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2018 07/30/18 Sold $900,000 +0.1% $243 / Sq Ft
04/27/2018 04/27/18 Pending -- -- --
10/20/2017 10/20/17 For Sale $899,000 -- $243 / 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 $18,340 $2,183,300 $1,189,700 $993,600
2023 $21,116 $2,498,900 $1,523,000 $975,900
2022 $14,665 $1,715,200 $806,100 $909,100
2021 $12,018 $1,207,800 $643,900 $563,900
2020 $11,909 $1,072,900 $611,600 $461,300
2019 $11,942 $1,071,000 $611,600 $459,400
2018 $6,377 $1,133,200 $616,900 $516,300
2017 $11,902 $1,086,900 $630,100 $456,800
2016 $12,119 $1,086,900 $630,100 $456,800
2015 $11,664 $1,060,400 $603,600 $456,800
2014 $11,346 $1,060,400 $603,600 $456,800
2013 $11,060 $1,060,400 $603,600 $456,800
Source: Public Records

Agents Affiliated with this Home

  • Elias Thomas

    Seller's Agent in 2018

    Elias Thomas

    Exit Key Real Estate

    (207) 432-2222

    127 Total Sales

    Elias Thomas
    Section Image

  • J

    Seller Co-Listing Agent in 2018

    Jane Thomas

    Exit Key Real Estate

    (207) 636-2222

    Jane Thomas
    Section Image
  • Troy Williams

    Buyer's Agent in 2018

    Troy Williams

    Keller Williams Coastal and Lakes & Mountains Realty

    (207) 351-8188

    85 in this area

    1,075 Total Sales

    Troy Williams
    Section Image
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Map

Source: Maine Listings

MLS Number: 1330137

Maine Listings

APN: YORK-000013-000000-000035

Maine York County Cape Neddick 03902 Ogunquit

15 Algonac Rd, Cape Neddick, ME

Not Listed for Sale

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