NOT LISTED FOR SALE

16 Rivers Edge Dr Kennebunk, ME 04043

Estimated Value: $1,131,192 - $1,641,000

4 Beds
3 Baths
4,800 Sq Ft
$286/Sq Ft Est. Value

Last Sold August 03, 2018

Last sale price $735,000 $153 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $8,646/month

4 Days on Market

Highlights

  • Public Beach
  • Colonial Architecture
  • Wood Flooring
  • Spa
  • Deck
  • Main Floor Bedroom

About This Home

As of August 2018

This beautiful Colonial home is filled with generous living space and is conveniently located close to town and beaches. Included are 4 bedrooms, 3 baths, stunning kitchen with granite counters & SS appliances and large breakfast room which overlooks the year round sun room. Enjoy the Lrm w/wood burning fireplace, Drm and fantastic hobby/laundry room. The bonus guest space includes a large bedroom, over sized closet and great storage. Top it off with a partially finished basement with large rec room and an abundance of storage. Entertain friends and family outside on the spacious deck with hot tub and ground level patio with fire pit. This home has it all!

Last Agent to Sell the Property

Laura Ross

Kennebunk Beach Realty Listed on: 05/18/2018

Last Buyer's Agent

Gwen Genest Genest

Pack Maynard and Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,738

Year Built

  • Built in 1999

Lot Details

  • 0.53 Acre Lot
  • Public Beach
  • Landscaped
  • Level Lot
  • Irrigation

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Fiberglass Roof
  • Wood Siding
  • Clap Board Siding
  • Radon Mitigation System
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 1 Fireplace
  • Living Room
  • Dining Room
  • Bonus Room
  • Sun or Florida Room
  • Attic

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms
  • Bathtub
  • Shower Only

Laundry

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

Finished Basement

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

Parking

  • 2 Car Direct Access Garage
  • Driveway

Outdoor Features

  • Spa
  • Deck
  • Patio
  • Shed

Location

  • Property is near a golf course

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Underground Utilities
  • Power Generator
  • Oil Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Community Storage Space

Listing and Financial Details

  • Tax Lot 007
  • Assessor Parcel Number KENB-000084-000000-000007

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,738

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.53
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: In Kennebunk, follow Rt 35 towards beach- look for River Locks on left. Turn onto Commons Way, follow to Mastwood. Turn left onto Rivers Edge, property on left
  • Above Grade Finished Sq Ft: 3900.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Year Built: 1999
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 0.53
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 3900.0
  • Property Information:SqFt Finished Below Grade: 900.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: 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
  • Amenities:Storage: Yes
  • Heat Fuel:Electric: Yes
  • Kitchen Countertop:Granite: Yes
  • Amenities:_one_st Floor Bedroom: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Cooling:Central Air: Yes
  • Vehicle Storage:_two_ Car: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Exterior:Clapboard: Yes
  • Heat System:Multi-Zones: Yes
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Bonus Room:Bonus Room: Yes
  • Style:Colonial: Yes
  • Sunroom:Sunroom: Yes
  • Appliances Included:Cooktop: Yes
  • Appliances Included:Wall Oven: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Amenities:Attic: Yes
  • Water Heater:Oil2: Yes
  • Equipment:Cable: Yes
  • Equipment:Generator: Yes
  • Laundry Room:Laundry Room: Yes
  • Electric:Underground: Yes
  • Equipment:Air Radon Mitigation System: Yes
  • Roof:Fiberglass: Yes
  • Amenities:Hot Tub: Yes
  • Amenities:Irrigation System: Yes
  • Other Structures:Shed: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: None

Interior Features

  • Private Spa: Yes
  • Appliances: Washer, Wall Oven, Refrigerator, Microwave, Dryer, Dishwasher, Cooktop
  • Has Basement: Bulkhead, Finished, Full, Exterior Entry, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 900.0
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Bedroom, Attic, Bathtub, Pantry, Shower, Storage, Primary Bedroom w/Bath
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: Second
  • Laundry Room Laundry Room Level: First

Exterior Features

  • Lot Features: Level, Sidewalks, Landscaped, Near Golf Course, Near Public Beach, Near Shopping, Near Town, Neighborhood, Subdivided, Irrigation System
  • Waterfront: No
  • Construction Type: Wood Siding, Clapboard, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck, Patio
  • Roof: Fiberglass
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Paved, Inside Entrance

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Multi-Zones, Hot Water, Forced Air, Baseboard
  • Heating Yn: Yes
  • Electric: Underground, Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 23086.8
  • Parcel #: KENB-000084-000000-000007
  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 9738.0
  • Tax Book Number: 9518
  • Tax Lot: 007
  • Tax Map Number: 084
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2018
Closed on
Aug 6, 2018
Sold by
Kenneally Joseph R and Howard Lisa P
Bought by
Cornelio Marco C and Cornelio Catherine G
Seller's Agent
Laura Ross
Kennebunk Beach Realty
Buyer's Agent
Gwen Genest Genest
Pack Maynard and Associates
List Price
$735,000
Sold Price
$735,000
Total Days on Market
4
Current Estimated Value
$1,371,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$636,548
Avg. Annual Appreciation
11.76%
Original Mortgage
$588,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Cornelio Marco C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cornelio Marco C $475,000
Closed Cornelio Marco C $588,000
Previous Owner Kenneally Joseph R $171,000
Previous Owner Kenneally Joseph R $283,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2018 08/03/18 Sold $735,000 0.0% $153 / Sq Ft
05/22/2018 05/22/18 Pending -- -- --
05/17/2018 05/17/18 For Sale $735,000 -- $153 / 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 $13,297 $784,500 $182,800 $601,700
2023 $12,591 $784,500 $182,800 $601,700
2022 $11,454 $784,500 $182,800 $601,700
2021 $10,823 $784,500 $182,800 $601,700
2020 $10,747 $784,500 $182,800 $601,700
2019 $10,787 $784,500 $182,800 $601,700
2018 $10,297 $588,400 $137,100 $451,300
2017 $2,079 $588,400 $137,100 $451,300
2016 $9,356 $588,400 $137,100 $451,300
2015 $9,003 $588,400 $137,100 $451,300
2014 $8,767 $588,400 $137,100 $451,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1351066

Maine Listings

APN: KENB-000084-000000-000007