NOT LISTED FOR SALE

15 Running Tide Rd Cape Elizabeth, ME 04107

Estimated Value: $4,102,000 - $4,358,709

6 Beds
4.5 Baths
5,000 Sq Ft
$846/Sq Ft Est. Value

Last Sold November 28, 2017

Last sale price $2,050,000 $410 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $27,253/month

167 Days on Market

Highlights

  • 750 Feet of Waterfront
  • Public Beach
  • Deep Water Access
  • Pond Cove Elementary School Rated A
  • Country Club
  • 10.5 Acre Lot

About This Home

As of November 2017

10 acres of bold oceanfront property featuring a mix of Maine's iconic rocky shoreline, sandy beach, and even an open pasture with pond in the rear. Wide open views of crashing surf, 3 lighthouses, and the islands of Casco Bay as a backdrop. Doesn't take too much imagination to see the potential of what can only be described as an extremely rare opportunity in Cape Elizabeth.

Last Agent to Sell the Property

Timothy Kennedy

Legacy Properties Sotheby's International Realty Listed on: 04/28/2017

Last Buyer's Agent

Susan Lessard

Portside Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,719

Year Built

  • Built in 1988

Lot Details

  • 10.5 Acre Lot
  • 750 Feet of Waterfront
  • Ocean Front
  • Public Beach
  • Street terminates at a dead end
  • Level Lot
  • Property is zoned RA

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,000 Sq Ft Home
  • Mud Room
  • Living Room
  • Dining Room with Fireplace
  • 2 Fireplaces
  • Bonus Room
  • Water Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Stove
  • Dishwasher
  • Formica Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Laundry on main level

Basement

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

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Deep Water Access
  • Deck
  • Patio

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available

Additional Features

  • Property is near a golf course
  • Pasture

Listing and Financial Details

  • Tax Lot 40
  • Assessor Parcel Number 15RunningTideRoadCapeElizabeth04107

Community Details

Overview

  • No Home Owners Association

Recreation

  • Country Club

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,719

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 10.5
  • Road Surface Type: Paved
  • Water Body Name: Atlantic Ocean
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 5000.0
  • Architectural Style: Colonial, Shingle Style
  • Year Built: 1988
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 410.0
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 10.5
  • Property Information:Total Baths: 5.0
  • Property Information:SqFt Finished Above Grade: 5000.0
  • Site:Level: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Electric Range: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Dining Room:Dining Room: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Full Bath7: Yes
  • Gas:No Gas: Yes
  • Mud Room:Mud Room: Yes
  • Heat System:Multi-Zones: Yes
  • Location:Near Public Beach: Yes
  • Bonus Room:Bonus Room: Yes
  • Style:Colonial: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Recreational Water:Oceanfront: Yes
  • Roads:Dead End: Yes
  • Water Info:Waterfront Amount -: 750.0
  • Water Info:Water Frontage Owned -: 750.0
  • Recreational Water:Waterfront Deep: Yes
  • Kitchen Countertop:Formica: Yes
  • Location:Near Country Club: Yes
  • Site:PastureField: Yes
  • Dining Room Amenities:Wood Burning Fireplace8: Yes
  • Laundry Room:Laundry Room: Yes
  • Transportation:Deep Water Access: Yes
  • Style:Shingle Style: Yes
  • Kitchen Amenities:Breakfast Nook: Yes
  • Kitchen Amenities:Heat Stove7: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 2
  • Advertising Remarks:Advertising Remarks: 10 acres of bold oceanfront property featuring a mix of Maine's iconic rocky shoreline, sandy beach, and even an open pasture with pond in the rear. Wide open views of crashing surf, 3 lighthouses, and the islands of Casco Bay as a backdrop. Doesn't take too much imagination to see the potential of what can only be described as an extremely rare opportunity in Cape Elizabeth.
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Electric Range, Dishwasher
  • Has Basement: Full, Interior Entry
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Primary Bedroom w/Bath
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Bedroom 4 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
  • Laundry Room Laundry Room Level: First
  • Bedroom 5:Bedroom 5 Level: Second

Exterior Features

  • Lot Features: Level, Pasture, Near Golf Course, Near Public Beach, Near Shopping, Near Town, Neighborhood, Subdivided
  • Waterfront Features: Ocean
  • Waterfront: Yes
  • Construction Type: Shingle Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Patio
  • Roof: Shingle
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove, Multi-Zones, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 457380.0
  • Parcel #: 15RunningTideRoadCapeElizabeth04107
  • Zoning: RA

Tax Info

  • Tax Annual Amount: 37719.0
  • Tax Lot: 40
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2017
Closed on
Nov 28, 2017
Sold by
Holt William S and Holt Mary C
Bought by
Brennan Ft
Seller's Agent
Timothy Kennedy
Legacy Properties Sotheby's International Realty
Buyer's Agent
Susan Lessard
Portside Real Estate Group
List Price
$2,995,000
Sold Price
$2,050,000
Premium/Discount to List
-$945,000
-31.55%
Current Estimated Value
$4,230,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,180,355
Avg. Annual Appreciation
9.44%

Purchase Details

Closed on
Feb 9, 2016
Sold by
Holt Mary J and Holt William S
Bought by
Holt Mary C and Holt William S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Brennan Ft -- --
Holt Mary C -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/28/2017 11/28/17 Sold $2,050,000 -31.6% $410 / Sq Ft
10/13/2017 10/13/17 Pending -- -- --
04/28/2017 04/28/17 For Sale $2,995,000 -- $599 / 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 $60,261 $5,478,300 $3,320,100 $2,158,200
2023 $122,385 $5,478,300 $3,320,100 $2,158,200
2022 $50,255 $2,376,100 $1,501,800 $874,300
2021 $48,140 $2,376,100 $1,501,800 $874,300
2020 $47,332 $2,376,100 $1,501,800 $874,300
2019 $46,762 $2,376,100 $1,501,800 $874,300
2018 $40,676 $2,138,600 $1,472,000 $666,600
2017 $39,087 $2,171,500 $1,504,900 $666,600
2016 $38,088 $2,171,500 $1,504,900 $666,600
2015 $39,779 $2,356,600 $1,690,000 $666,600
2013 $38,365 $2,356,600 $1,690,000 $666,600
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2017

    Timothy Kennedy

    Legacy Properties Sotheby's International Realty

  • S

    Buyer's Agent in 2017

    Susan Lessard

    Portside Real Estate Group

    (207) 899-9567

    5 in this area

    81 Total Sales

    Susan Lessard
    Section Image
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Map

Source: Maine Listings

MLS Number: 1303885

Maine Listings

APN: CAPE-014040U

Maine Cumberland County Cape Elizabeth 04107

15 Running Tide Rd, Cape Elizabeth, ME

Not Listed for Sale

Detached

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