$428,000
SOLD APR 23, 2025
2 Beds
1 Bath
768 Sq Ft
1.25 Acres

Recently Sold

$557 Per Sq Ft

11% Above List Price

1 Day on Market

Highlights

  • Cape Cod Architecture
  • Wooded Lot
  • No HOA
  • Deck
  • Main Floor Bedroom
  • Bathtub

About This Home

As of June 2025

This home is located at 16 Balsam Ln, Kennebunk, ME 04043 and is currently priced at $428,000, approximately $557 per square foot. This property was built in 1993. 16 Balsam Ln is a home located in York County with nearby schools including Kennebunk High School.

Last Agent to Sell the Property

Paula Standley

Better Homes & Gardens Real Estate/The Masiello Group Listed on: 03/22/2025

Better Homes & Gardens Real Estate/The Masiello Group

Last Buyer's Agent

Martin Norton

Keller Williams Realty

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,076

Year Built

  • Built in 1993

Lot Details

  • 1.25 Acre Lot
  • Rural Setting
  • Level Lot
  • Open Lot
  • Wooded Lot

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Clap Board Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 768 Sq Ft Home
  • Living Room
  • Laminate Flooring
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom
  • Bathtub
  • Shower Only

Unfinished Basement

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

Parking

  • Gravel Driveway
  • On-Site Parking

Accessible Home Design

  • Accessible Approach with Ramp

Outdoor Features

  • Deck
  • Shed

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Private Water Source
  • Well
  • Oil Water Heater
  • Septic System
  • Septic Design Available
  • Private Sewer
  • Internet Available

Community Details

  • No Home Owners Association
  • Community Storage Space

Listing and Financial Details

  • Tax Lot 008
  • Assessor Parcel Number KENB-000005-000000-000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,076

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.25
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Route 99 to Clearbrook, take a left on Ledgemere, then a right onto Balsam Lane. Property is on the left. Sign on property.
  • Above Grade Finished Sq Ft: 768.0
  • Architectural Style: Cape Cod
  • Garage Yn: No
  • Year Built: 1993
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.25
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 768.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Storage: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Exterior:Clapboard: Yes
  • Parking:On Site2: Yes
  • Amenities:Bathtub: Yes
  • Sewer:Private Sewer: Yes
  • Roof:Pitched: Yes
  • Property Information:Short Sale Continue to Show: No
  • Location:Rural: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Equipment:Internet Access Available: Yes
  • Property Information:Deed Restrictions: Unknown
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Sewer:Septic Design Available: Yes
  • Water Heater:Oil2: Yes
  • Basement:Sump Pump: Yes
  • Accessibilitiy Amenities:Ramped Main Level: Yes
  • Other Structures:Shed: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator, Microwave, Electric Range
  • Other Equipment: Internet Access Available
  • Accessibility Features: Accessible Approach with Ramp
  • Has Basement: Interior, Full, Sump Pump, Bulkhead, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: 1st Floor Bedroom, Bathtub, Shower, Storage
  • Full Basement: Yes
  • Bedroom 2 Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Open, Level, Wooded, Near Shopping, Neighborhood, Rural, Subdivided
  • Waterfront: No
  • Construction Type: Vinyl Siding, Clapboard, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck
  • Roof: Pitched, Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Tank, Private Sewer, Septic Design Available
  • Water Source: Well, Private

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 54450.0
  • Parcel #: KENB-000005-000000-000008
  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 3076.0
  • Tax Book Number: 6807
  • Tax Lot: 008
  • Tax Map Number: 005
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2025
Closed on
Jun 16, 2025
Sold by
Moscoffian Michelle L and Moscoffian Ronald S
Bought by
Garabedian Devon G
Seller's Agent
Cyndi Smith
Smith & Company Realty
Buyer's Agent
Peter LaRochelle
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$399,900
Sold Price
$460,000
Premium/Discount to List
$60,100
15.03%
Total Days on Market
1
Views
43

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-63.65%
Original Mortgage
$450,000
Outstanding Balance
$449,613
Interest Rate
6.76%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$42,221

Purchase Details

Listed on
May 20, 2025
Closed on
Apr 23, 2025
Sold by
Sharpe Bruce C Est and Sharpe
Bought by
Moscoffian Michelle L and Moscoffian Ronald S
Seller's Agent
Cyndi Smith
Smith & Company Realty
Buyer's Agent
Peter LaRochelle
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$399,900
Sold Price
$460,000
Premium/Discount to List
$60,100
15.03%
Views
43

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$449,613
Interest Rate
6.76%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$42,221
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 $460,000 None Available
Personal Reps Deed $428,000 None Available
Personal Reps Deed $428,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $450,000 Purchase Money Mortgage
Previous Owner $340,000 Purchase Money Mortgage
Previous Owner $14,665 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2025 06/18/25 Sold $460,000 +15.0% $599 / Sq Ft
05/25/2025 05/25/25 Pending -- -- --
05/20/2025 05/20/25 For Sale $399,900 -6.6% $521 / Sq Ft
04/23/2025 04/23/25 Sold $428,000 +10.9% $557 / Sq Ft
03/24/2025 03/24/25 Pending -- -- --
03/22/2025 03/22/25 For Sale $385,900 -- $502 / 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 $3,076 $181,500 $59,900 $121,600
2023 $2,913 $181,500 $59,900 $121,600
2022 $2,650 $181,500 $59,900 $121,600
2021 $2,230 $181,500 $59,900 $121,600
2020 $1,729 $181,500 $59,900 $121,600
2019 $529 $181,500 $59,900 $121,600
2018 $2,382 $136,100 $44,900 $91,200
2017 $1,643 $136,100 $44,900 $91,200
2016 $2,164 $136,100 $44,900 $91,200
2015 $1,937 $136,100 $44,900 $91,200
2014 $1,886 $136,100 $44,900 $91,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1616514

Maine Listings

APN: KENB-000005-000000-000008