NOT LISTED FOR SALE

16 Farragut Way Kennebunk, ME 04043

Estimated Value: $426,000 - $497,000

2 Beds
2 Baths
1,292 Sq Ft
$426/mo HOA Fee

Last Sold February 27, 2020

Last sale price $315,000 $244 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $3,303/month

4 Days on Market

Highlights

  • Nearby Water Access
  • Public Beach
  • Clubhouse
  • Kennebunk High School Rated 9+
  • 1 Acre Lot
  • Cathedral Ceiling

About This Home

As of February 2020

Beautifully maintained and upgraded Cottage unit at The Farragut. Wood floors throughout, open concept living room / dining room / kitchen with cathedral ceiling. Living area with easy to maintain electric fireplace and a dining area large enough for full size table. Upgraded kitchen boasts granite counters, breakfast bar, most appliances are two years new and lovely cabinetry. Master suite has full bath, laundry room and double closets. There is a three season room with new carpeting and ready for those warmer days. A one year new Viesmann Direct Vent propane furnace has been installed. A open and sunny unit.
Over 55 community with amenities such as indoor pool, jacuzzi, exercise room, library/computer room, sitting room with fireplace, function room with full kitchen and private dining room.

Last Agent to Sell the Property

Heather Mcinnis

Pack Maynard and Associates Listed on: 01/13/2020

Last Buyer's Agent

Heidi Maynard

Pack Maynard and Associates

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,597

Year Built

  • Built in 2002

Lot Details

  • Property fronts a private road
  • Public Beach
  • Cul-De-Sac
  • Landscaped

HOA Fees

  • $426 Monthly HOA Fees

Parking

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

Home Design

  • Cottage
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Clap Board Siding
  • Radon Mitigation System
  • Clapboard

Interior Spaces

  • 1,292 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Living Room
  • Dining Room
  • Sun or Florida Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • Bedroom Suite
  • 2 Full Bathrooms
  • Bathtub

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Nearby Water Access

Utilities

  • Cooling Available
  • Heating System Uses Propane
  • Heat Pump System
  • Heating System Mounted To A Wall or Window
  • High-Efficiency Furnace
  • Baseboard Heating
  • Hot Water Heating System
  • Programmable Thermostat
  • Underground Utilities
  • Tankless Water Heater
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Exclusions: 2 racks in garage & floor mats in garage
  • No Rentals Allowed
  • Legal Lot and Block 9 / 17
  • Assessor Parcel Number KENB-000038-000000-000017-000009

Community Details

Overview

  • 4 Units
  • The Farragut Subdivision
  • The community has rules related to deed restrictions

Pet Policy

  • Pets Allowed with Restrictions
  • Pet Size Limit

Additional Features

  • Clubhouse
  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,597

Year Built

Built in 2002

Lot Details

0

HOA Fees

$426 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 1.0
  • Road Frontage Type: Private
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: The Farragut
  • Directions: Rte 1 North from Kennebunk to Farragut Way. Right onto Farragut Way bear right at fork. First cul de sac on left, unit straight ahead. Please park in guest parking on the road.
  • Above Grade Finished Sq Ft: 1292.0
  • Architectural Style: Cottage
  • Garage Yn: Yes
  • Efficiency: Tankless Water Heater, Storm Doors, Programmable Thermostat, Double Pane Windows
  • Year Built: 2002
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.0
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1292.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Well Landscaped: 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:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Propane: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Location Information:Association Fee: 426.0
  • Location Information:Fee Frequency Paid: Monthly
  • Property Information:Garage Spaces: 1.0
  • Roads:Private: Yes
  • Foundation Materials:Slab: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Rental Allowed: No
  • Condominium:Units in Building: 4
  • Cooling:Heat Pump3: Yes
  • Kitchen Countertop:Granite: Yes
  • Vehicle Storage:_one_ Car: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Water Heater:Tankless: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Full Bath7: Yes
  • Primary Bedroom Amenities:Suite6: Yes
  • Room Features:Suite17: Yes
  • Floors:Laminate: Yes
  • Roof:Composition2: Yes
  • Exterior:Clapboard: Yes
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Sunroom:Sunroom: Yes
  • Amenities:_one_st Floor Primary Bedroom wBath: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Parking:Paved3: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Basement:Slab2: Yes
  • Style:Cottage: Yes
  • Dining Room Amenities:Dining Area: Yes
  • Room Features:Dining Area2: Yes
  • Equipment:Internet Access Available: Yes
  • Property Information:Deed Restrictions: Yes
  • Property Information:Bank Owned REO: No
  • Property Information:_two_ Detached Houses on 1 Lot: No
  • Equipment:Cable: Yes
  • Energy Efficiency:Ceiling Fans: Yes
  • Kitchen Amenities:Cathedral Ceiling6: Yes
  • Living Room Amenities:Cathedral Ceiling5: Yes
  • Room Features:Cathedral Ceiling29: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Energy Efficiency:Tankless Water Heater: Yes
  • Utility Info Electric On Site: Yes
  • Laundry Room:Laundry Room: Yes
  • Dining Room Amenities:Cathedral Ceiling15: Yes
  • Site:Cul-De-Sac: Yes
  • Heat System:Direct Vent Furnace: Yes
  • Energy Efficiency:_nine_0_percent_ Efficient Furnace: Yes
  • Electric:Underground: Yes
  • Equipment:Air Radon Mitigation System: Yes
  • Energy Efficiency:Storm Doors: Yes
  • Energy Efficiency:Programmable Thermostat: Yes
  • Living Room Amenities:Gas Fireplace5: Yes
  • Room Features:Gas Fireplace29: Yes
  • Restrictions:Pet Weight Limit: Yes
  • Sunroom Amenities:Three-Season: Yes
  • Restrictions:Pet: Yes
  • Sunroom Amenities:Unheated: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Property Information # Fireplaces: 1
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Disposal, Dishwasher
  • Has Basement: Not Applicable
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Primary Bedroom w/Bath, Bathtub
  • Bedroom 2 Level: First
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First
  • Laundry Room Laundry Room Level: First

Exterior Features

  • Lot Features: Cul-De-Sac, Level, Sidewalks, Landscaped, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood
  • Waterfront: No
  • Exclusions: 2 racks in garage & floor mats in garage
  • Construction Type: Clapboard, Wood Frame
  • Foundation Details: Slab
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: 1 - 4 Spaces, Paved, On Site, Garage Door Opener, Inside Entrance

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Security: Fire System
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Hot Water, Direct Vent Furnace, Baseboard
  • Heating Yn: Yes
  • Electric: Underground, On Site, Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse
  • Association Fee: 426.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Other Restrictions, Yes, Size Limit

Association/Amenities

  • Association Amenities:Club House: Yes

Schools

  • Junior High Dist: RSU 21

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 43560.0
  • Parcel #: KENB-000038-000000-000017-000009
  • Zoning: SC

Multi Family

  • Number Of Units In Community: 4

Tax Info

  • Tax Annual Amount: 3597.0
  • Tax Block: 17
  • Tax Book Number: 17347
  • Tax Lot: 9
  • Tax Map Number: 38
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2016
Closed on
Oct 24, 2016
Sold by
Karp Rosanne
Bought by
Seliga Martin J and Seliga Anne L
Seller's Agent
Michael Thomas
Keller Williams Realty
Buyer's Agent
Laura Ross
Kennebunk Beach Realty
List Price
$244,900
Sold Price
$244,900
Current Estimated Value
$478,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,114
Avg. Annual Appreciation
7.69%
Original Mortgage
$167,900
Outstanding Balance
$134,518
Interest Rate
3.44%
Mortgage Type
New Conventional
Estimated Equity
$343,496

Purchase Details

Listed on
Sep 27, 2012
Closed on
Dec 10, 2012
Sold by
Huber Johann and Huber Ricarda
Bought by
Karp Rosanne
Seller's Agent
Randal Simon
Berkshire Hathaway HomeServices Verani Realty
Buyer's Agent
Paula Standley
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$224,900
Sold Price
$213,750
Premium/Discount to List
-$11,150
-4.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.58%
Original Mortgage
$199,500
Interest Rate
3.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 2011
Sold by
John John H and John Linda T
Bought by
Huber Ricarda and Huber Johann
Source: Public Records

Range of Values:

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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
Seliga Martin J -- --
Karp Rosanne -- --
Huber Ricarda $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seliga Martin J $167,900
Previous Owner Karp Rosanne $199,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/27/2020 02/27/20 Sold $315,000 0.0% $244 / Sq Ft
01/18/2020 01/18/20 Pending -- -- --
01/13/2020 01/13/20 For Sale $315,000 +28.6% $244 / Sq Ft
10/21/2016 10/21/16 Sold $244,900 0.0% $190 / Sq Ft View Prior Sale
08/26/2016 08/26/16 Pending -- -- --
08/22/2016 08/22/16 For Sale $244,900 +14.6% $190 / Sq Ft
12/10/2012 12/10/12 Sold $213,750 -5.0% $165 / Sq Ft View Prior Sale
10/10/2012 10/10/12 Pending -- -- --
09/27/2012 09/27/12 For Sale $224,900 -- $174 / 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 $4,434 $261,600 $60,000 $201,600
2023 $4,199 $261,600 $60,000 $201,600
2022 $3,819 $261,600 $60,000 $201,600
2021 $3,728 $261,600 $60,000 $201,600
2020 $3,702 $261,600 $60,000 $201,600
2019 $3,597 $261,600 $60,000 $201,600
2018 $3,434 $196,200 $45,000 $151,200
2017 $3,247 $196,200 $45,000 $151,200
2016 $3,120 $196,200 $45,000 $151,200
2015 $2,857 $196,200 $45,000 $151,200
2014 $2,782 $196,200 $45,000 $151,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1442315

Maine Listings

APN: KENB-000038-000000-000017-000009