NOT LISTED FOR SALE

16 Colony Ave Kennebunkport, ME 04046

Estimated Value: $1,957,000 - $2,150,000

3 Beds
3.5 Baths
3,679 Sq Ft
$555/Sq Ft Est. Value

Last Sold August 11, 2020

Last sale price $1,200,000 $326 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $11,777/month

7 Days on Market

Highlights

  • Nearby Water Access
  • River Front
  • Colonial Architecture
  • Public Beach
  • Scenic Views
  • Deck

About This Home

As of August 2020

Located in the historic Cape Arundel area of Kennebunkport, this property is within walking distance to the beautiful Colony Beach. The original home was built in 1860 and exudes the beautiful original charm. It has hardwood floors, four fireplaces; one wood burning, the other 3 propane fired, a wonderful pantry off of the chef's kitchen, and a wonderful stone patio to the side of the house. The deck overlooking the back yard, small cove, and Kennebunk River is exquisite, with entrances to all three upstairs bedrooms. The basement suite is completed with an ensuite bathroom, small fridge in the closet and its own entrance. Truly one of a kind, not to be missed!

Last Agent to Sell the Property

Rebecca Bassett

Portside Real Estate Group Listed on: 06/09/2020

Co-Listed By

Grainne Archer

Portside Real Estate Group

Last Buyer's Agent

Heidi Maynard

Pack Maynard and Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,191

Year Built

  • Built in 1860

Lot Details

  • 9,148 Sq Ft Lot
  • River Front
  • Public Beach
  • Landscaped
  • Corner Lot
  • Open Lot
  • Irrigation
  • Wooded Lot
  • Property is zoned Cape Arundel

Parking

  • 1 Car Direct Access Garage
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 4 Fireplaces
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Library
  • Sun or Florida Room
  • Scenic Vista Views
  • Home Security System

Kitchen

  • Gas Range
  • Dishwasher
  • Granite Countertops
  • Trash Compactor

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • Bathtub

Laundry

  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • Nearby Water Access
  • Property Near A Cove
  • River Nearby
  • Deck
  • Patio

Location

  • Property is near a golf course

Utilities

  • No Cooling
  • Zoned Heating
  • Radiator
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Baseboard Heating
  • Hot Water Heating System
  • Power Generator

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 18 / 8
  • Assessor Parcel Number KENP-000008-000008-000018

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,191

Year Built

Built in 1860

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.21
  • Road Surface Type: Paved
  • Water Body Name: Kennebunk River
  • Co List Office Mls Id: 3189
  • Co List Office Phone: 207-204-0465
  • MLS Status: Closed
  • Directions: From Ocean Avenue turn Left onto Colony Avenue, go past the Colony Hotel. 16 Colony Avenue is the last house on the left. Yellow with Green shutters
  • Above Grade Finished Sq Ft: 3199.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Year Built: 1860
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.21
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 3199.0
  • Property Information:SqFt Finished Below Grade: 480.0
  • Property Information:Garage: Yes
  • Site:Corner Lot: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Seasonal
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Security System: Yes
  • Property Information:Garage Spaces: 1.0
  • Kitchen Countertop:Granite: Yes
  • Amenities:Laundry - Hookup: Yes
  • Vehicle Storage:_one_ Car: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Basement:Partial: Yes
  • Exterior:Clapboard: Yes
  • Heat System:Multi-Zones: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Style:Colonial: Yes
  • Sunroom:Sunroom: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Recreational Water:RiverBrookStream: Yes
  • Site:Wooded: Yes
  • Family Room:Family Room: Yes
  • Property Information:Deed Restrictions: Unknown
  • Appliances Included:Gas Range: Yes
  • Property Information:Bank Owned REO: No
  • Property Information:_two_ Detached Houses on 1 Lot: No
  • View:Scenic: Yes
  • Water Info:Island3: No
  • Equipment:Generator: Yes
  • Heat System:Radiator: Yes
  • Den:Den: Yes
  • Library:Library: Yes
  • Foundation Materials:Granite2: Yes
  • Appliances Included:Trash Compactor: Yes
  • Amenities:Irrigation System: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 4
  • Special Features: VirtualTour

Interior Features

  • Appliances: Other, Washer, Trash Compactor, Refrigerator, Gas Range, Dryer, Dishwasher
  • Has Basement: Finished, Full, Partial, Interior Entry
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 480.0
  • Fireplaces: 4
  • Fireplace: Yes
  • Interior Amenities: Bathtub, Pantry
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Basement
  • 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: Corner Lot, Open Lot, Landscaped, Wooded, Near Golf Course, Near Public Beach, Near Shopping, Near Town, Neighborhood, Irrigation System
  • View: Scenic
  • Waterfront Features: Cove, River
  • Waterfront: No
  • Construction Type: Clapboard, Wood Frame
  • Foundation Details: Granite, 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: Yes
  • Garage Spaces: 1.0
  • Parking Features: 1 - 4 Spaces, Paved, Garage Door Opener, Inside Entrance

Utilities

  • Laundry Features: Washer Hookup
  • Security: Security System
  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiator, Multi-Zones, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Schools

  • Junior High Dist: RSU 21

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9147.6
  • Parcel #: KENP-000008-000008-000018
  • Zoning: Cape Arundel

Tax Info

  • Tax Annual Amount: 10191.0
  • Tax Block: 8
  • Tax Book Number: 10659
  • Tax Lot: 18
  • Tax Map Number: 8
  • Tax Year: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2020
Closed on
Aug 11, 2020
Sold by
Covert Jody W
Bought by
Baker Christine H
Seller's Agent
Rebecca Bassett
Portside Real Estate Group
Buyer's Agent
Heidi Maynard
Pack Maynard and Associates
List Price
$1,275,000
Sold Price
$1,200,000
Premium/Discount to List
-$75,000
-5.88%
Current Estimated Value
$2,040,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$840,416
Avg. Annual Appreciation
9.55%
Original Mortgage
$510,000
Outstanding Balance
$457,464
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$1,441,100
Source: Public Records

Range of Values:

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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
Baker Christine H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baker Christine H $510,000
Previous Owner Kello Alexander $150,000
Previous Owner Covert Jody W $424,100
Previous Owner Covert Jody W $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2020 08/11/20 Sold $1,200,000 -5.9% $326 / Sq Ft
06/17/2020 06/17/20 Pending -- -- --
06/09/2020 06/09/20 For Sale $1,275,000 -- $347 / 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 $7,925 $1,219,200 $539,600 $679,600
2023 $7,620 $1,219,200 $539,600 $679,600
2022 $7,278 $1,213,000 $539,600 $673,400
2021 $7,116 $741,200 $335,100 $406,100
2020 $7,004 $741,200 $335,100 $406,100
2019 $7,004 $741,200 $335,100 $406,100
2018 $5,707 $741,200 $335,100 $406,100
2017 $6,448 $741,200 $335,100 $406,100
2016 $6,137 $741,200 $335,100 $406,100
2015 $5,707 $741,200 $335,100 $406,100
2014 $5,360 $702,500 $335,100 $367,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1455612

Maine Listings

APN: KENP-000008-000008-000018