NOT LISTED FOR SALE

15 Pilot Point Rd Cape Elizabeth, ME 04107

Estimated Value: $2,750,000 - $4,362,000

0.46 Acre
$8,054,983 Price per Acre
20,038 Sq Ft Lot

Last Sold May 23, 2018

Last sale price $900,000

Est. 312% increase in value since last sale

Current estimated payment $24,177/month

369 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Ocean Front
  • Open Lot
  • Pond Cove Elementary School Rated A
  • No HOA

About This Lot

As of May 2018

Stunning ocean front building lot with panoramic views of the Atlantic Ocean & Casco Bay! Residents enjoy convenient access to private surfside & Trundy Point beaches in Shore Acres neighborhood. Site work complete and utilities stubbed in. Awaits your dream house.

Last Agent to Sell the Property

Patrick Cooper

Coldwell Banker Realty Listed on: 04/14/2017

Last Buyer's Agent

Anne Bosworth

Keller Williams Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,773

Year Built

  • 2019

Lot Details

  • 0.46 Acre Lot
  • Ocean Front
  • Open Lot
  • Property is zoned Residential Shore

Property Views

  • Water
  • Scenic Vista

Parking

  • Gravel Driveway
  • On-Site Parking

Utilities

  • Electricity Not Available
  • Natural Gas Not Available

Listing and Financial Details

  • Tax Lot 74B
  • Assessor Parcel Number 15 Pilot Point

Community Details

Overview

  • No Home Owners Association
  • The community has rules related to deed restrictions

Recreation

  • Deeded Waterfront Access Rights
  • Beach Access

Property Details

Property Type

Land

Est. Annual Taxes

$8,773

Year Built

2019

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.46
  • Road Surface Type: Paved
  • Water Body Name: Atlantic Ocean
  • MLS Status: Closed
  • Property Information:Lot Size Acres -: 0.46
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Gas:No Gas: Yes
  • Parking:On Site2: Yes
  • Recreational Water:Oceanfront: Yes
  • Recreational Water:Deeded: Yes
  • Driveway:Gravel: Yes
  • Property Information:Deed Restrictions: Yes
  • View:Scenic: Yes
  • Electric:No Electric: Yes
  • Washer/Dryer Other Location: Yes
  • Recreational Water:Beach Rights: Yes
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2019

Exterior Features

  • Lot Features: Open Lot, Other
  • View: Scenic
  • Waterfront Features: Ocean
  • Waterfront: No

Garage/Parking

  • Parking Features: Gravel, On Site

Utilities

  • Electric: No Electric
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Other Restrictions

Lot Info

  • Lot Size Sq Ft: 20037.6
  • Parcel #: 15 Pilot Point
  • Zoning: Residential Shore

Tax Info

  • Tax Annual Amount: 8773.0
  • Tax Book Number: 15086
  • Tax Lot: 74B
  • Tax Map Number: U12
  • Tax Year: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2017
Closed on
May 24, 2018
Sold by
Rock Dam Development Llc
Bought by
Mcneil Mark A and Tremblay Elaine
Seller's Agent
Patrick Cooper
Coldwell Banker Realty
Buyer's Agent
Anne Bosworth
Keller Williams Realty
List Price
$1,045,000
Sold Price
$900,000
Premium/Discount to List
-$145,000
-13.88%
Total Days on Market
369
Current Estimated Value
$3,705,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,805,292
Avg. Annual Appreciation
20.88%

Purchase Details

Closed on
Sep 30, 2016
Sold by
Chatmas Carmen T
Bought by
Rock Dam Development L
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
Mcneil Mark A -- --
Rock Dam Development L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcneil Mark A $1,419,500
Closed Mcnell Mark $1,440,000
Closed Tremblay Elaine $1,425,000
Previous Owner Chatmas Carmen T $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2018 05/23/18 Sold $900,000 -13.9% --
04/19/2018 04/19/18 Pending -- -- --
04/14/2017 04/14/17 For Sale $1,045,000 -- --
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 $40,523 $3,683,900 $2,114,000 $1,569,900
2023 $82,272 $3,682,700 $2,114,000 $1,568,700
2022 $28,567 $1,350,700 $774,400 $576,300
2021 $27,365 $1,350,700 $774,400 $576,300
2020 $26,906 $1,350,700 $774,400 $576,300
2019 $18,739 $952,200 $774,400 $177,800
2018 $9,885 $519,700 $519,700 $0
2017 $9,355 $519,700 $519,700 $0
2016 $9,116 $519,700 $519,700 $0
2015 $8,773 $519,700 $519,700 $0
2013 $6,602 $405,500 $405,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1301731

Maine Listings

APN: CAPE-012074U-B000000