NOT LISTED FOR SALE

15 Madaket Ln Kennebunk, ME 04043

Estimated Value: $1,477,000 - $1,868,000

1.11 Acres
$1,564,664 Price per Acre
48,352 Sq Ft Lot

Last Sold November 05, 2021

Last sale price $270,000

Est. 543% increase in value since last sale

Current estimated payment $10,460/month

Highlights

  • Public Beach
  • 1.11 Acre Lot
  • Property is near a golf course
  • Kennebunk High School Rated 9+
  • Wooded Lot
  • Level Lot

About This Lot

As of November 2021

Beautiful building lot set back from the street, peaceful and private! Great subdivision with mature landscaping and custom-built homes, so close to beaches and town, but just far enough away to feel secluded. Elegant, elongated entrance to the property brings you to over an acre of open space surrounded by woods. Perfect for your dream home!

Last Agent to Sell the Property

Deanna Myers

Coldwell Banker Realty Brokerage Phone: 207-282-5988 Listed on: 10/08/2021

Last Buyer's Agent

Victoria Benenti

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,519

Lot Details

  • 1.11 Acre Lot
  • Public Beach
  • Near Conservation Area
  • Level Lot
  • Open Lot
  • Wooded Lot
  • Property is zoned SR

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • No Driveway
  • On-Street Parking
  • On-Site Parking

Location

  • Property is near a golf course

Utilities

  • Electricity Not Available
  • Septic Needed

Community Details

  • Madaket Lane Homeowners Association Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Tax Lot 231
  • Assessor Parcel Number KENB-000072-000000-000231

Property Details

Property Type

Land

Est. Annual Taxes

$3,519

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 1.11
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: MADAKET LANE HOMEOWNERS ASSOCIATION
  • Directions: GPS FRIENDLY OFF SEA ROAD
  • Attribution Contact: 207-282-5988
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.11
  • Site:Level: Yes
  • Site:Open: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Water:Public3: Yes
  • Location Information:Association Fee: 250.0
  • Location Information:Fee Frequency Paid: Annually
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Site:Wooded: Yes
  • Driveway:No Driveway: Yes
  • Property Information:Deed Restrictions: Yes
  • Property Information:Bank Owned REO: No
  • Property Information:Mobile Homes Allowed: No
  • Electric:No Electric: Yes
  • Sewer:Septic Needed: Yes
  • Location:Abuts Conservation: Yes
  • Parking:On Street: Yes
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Level, Open Lot, Sidewalks, Wooded, Abuts Conservation, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Subdivided
  • Waterfront: No

Garage/Parking

  • Parking Features: No Driveway, On Site, On Street

Utilities

  • Electric: No Electric
  • Sewer: Septic Needed
  • Utilities: Pole
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 250.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Junior High Dist: RSU 21

Lot Info

  • Lot Size Sq Ft: 48351.6
  • Parcel #: KENB-000072-000000-000231
  • Zoning: SR

Tax Info

  • Tax Annual Amount: 3519.0
  • Tax Book Number: 18274
  • Tax Lot: 231
  • Tax Map Number: 072
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2024
Sold by
Phillips Christopher and Phillips Kelli M
Bought by
Phillips
Current Estimated Value
$1,736,777

Purchase Details

Listed on
May 1, 2020
Closed on
Jun 8, 2020
Sold by
Thomas Jonathan and Thomas Alexis M
Bought by
Calli Lawrence A and Calli Simone D
Seller's Agent
Susan Hill
GRB Maritime Realty LLC
Buyer's Agent
Cynthia Smith
RE/MAX Realty One
List Price
$184,900
Sold Price
$178,000
Premium/Discount to List
-$6,900
-3.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.67%
Original Mortgage
$133,500
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 22, 2017
Closed on
Jan 26, 2018
Sold by
Yazejian James H and Yazejian Gail M
Bought by
Thomas Jonathan and Thomas Alexis M
Seller's Agent
Heather Mcinnis
Pack Maynard and Associates
Buyer's Agent
Susan Hill
GRB Maritime Realty LLC
List Price
$175,000
Sold Price
$150,000
Premium/Discount to List
-$25,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.33%
Original Mortgage
$12,500
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2005
Sold by
Heyland Dev Llc
Bought by
Yazejian Gail M and Yazejian James H
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Phillips -- None Available
Phillips -- None Available
Calli Lawrence A -- None Available
Calli Lawrence A -- None Available
Thomas Jonathan -- --
Yazejian Gail M -- --
Thomas Jonathan -- --
Yazejian Gail M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Phillips Christopher $750,000
Previous Owner Calli Lawrence A $133,500
Previous Owner Thomas Jonathan $12,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2021 11/05/21 Sold $270,000 0.0% --
10/09/2021 10/09/21 Pending -- -- --
10/08/2021 10/08/21 For Sale $270,000 +3.8% --
09/22/2021 09/22/21 Sold $260,000 -1.9% --
08/25/2021 08/25/21 Pending -- -- --
08/24/2021 08/24/21 For Sale $265,000 +48.9% --
06/12/2020 06/12/20 Sold $178,000 -3.7% --
05/07/2020 05/07/20 Pending -- -- --
05/01/2020 05/01/20 For Sale $184,900 +23.3% --
01/12/2018 01/12/18 Sold $150,000 -14.3% --
11/29/2017 11/29/17 Pending -- -- --
05/22/2017 05/22/17 For Sale $175,000 -- --
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 $15,204 $897,000 $248,700 $648,300
2023 $3,992 $248,700 $248,700 $0
2022 $3,631 $248,700 $248,700 $0
2021 $3,544 $248,700 $248,700 $0
2020 $3,519 $248,700 $248,700 $0
2019 $3,420 $248,700 $248,700 $0
2018 $3,264 $186,500 $186,500 $0
2017 $3,087 $186,500 $186,500 $0
2016 $2,965 $186,500 $186,500 $0
2015 $2,853 $186,500 $186,500 $0
2014 $2,779 $186,500 $186,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1511517

Maine Listings

APN: KENB-000072-000000-000231