NOT LISTED FOR SALE

179 Beach Ave Kennebunk, ME 04043

Estimated Value: $2,960,000 - $3,224,000

6 Beds
4 Baths
3,334 Sq Ft
$918/Sq Ft Est. Value

Sale Details

Date Sold: November 24, 2020

Last sale price $1,850,000 $555 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $18,704 / mo

About This Home

Welcome to 179 Beach Ave! This home has been extensively renovated in 2016. The renovations include: new on demand furnace, new drywall and painting, making the downstairs open concept, new kitchen, new bathrooms, and much more! The first floor is wide open with plenty of space to entertain; including a 4 season sunroom. The second floor features 4 bedrooms. The master has a walk in closet, bathroom, and balcony overlooking the ocean. The third floor has 2 bedrooms and a bathroom. Outside features a large parking area out back, plenty of lawn space, 2 car garage, and a front porch/patio area. Walk across the street to middle beach and mothers beach. A very short walk to Gooch's beach! GREAT rental potential! Can be sold furnished!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2020
Closed on
Nov 24, 2020
Sold by
Larosa Michael and Larosa Cheryl
Bought by
Kerr Kathleen L and Kerr Kenneth H
Seller's Agent
Nathan McCabe
Pack Maynard and Associates
Buyer's Agent
Maureen Weaver
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$2,200,000
Sold Price
$1,850,000
Premium/Discount to List
-$350,000
-15.91%
Current Estimated Value
$3,060,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,210,321
Avg. Annual Appreciation
9.64%
Original Mortgage
$1,450,000
Outstanding Balance
$1,272,507
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,787,814

Purchase Details

Closed on
Nov 1, 2010
Sold by
Summerhays Joan C
Bought by
Larosa Cheryl and Larosa Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$725,000
Interest Rate
4.63%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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ICE

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Average Value
Not Available
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
Kerr Kathleen L -- None Available
Larosa Cheryl -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kerr Kathleen L $1,450,000
Previous Owner Larosa Cheryl $725,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/24/2020 11/24/20 Sold $1,850,000 -15.9% $555 / Sq Ft View Prior Sale
10/09/2020 10/09/20 Pending -- -- --
09/03/2020 09/03/20 For Sale $2,200,000 -- $660 / Sq Ft

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
2025 $28,401 $2,883,300 $2,054,000 $829,300
2024 $29,439 $1,736,800 $1,259,500 $477,300
2023 $27,876 $1,736,800 $1,259,500 $477,300
2022 $25,357 $1,736,800 $1,259,500 $477,300
2021 $24,749 $1,736,800 $1,259,500 $477,300
2020 $24,576 $1,736,800 $1,259,500 $477,300
2019 $23,881 $1,736,800 $1,259,500 $477,300
2018 $22,796 $1,302,600 $944,600 $358,000
2017 $21,558 $1,302,600 $944,600 $358,000
2016 $20,711 $1,302,600 $944,600 $358,000
2015 $19,930 $1,302,600 $944,600 $358,000
2014 $17,852 $1,198,100 $944,700 $253,400
Source: Public Records

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