NOT LISTED FOR SALE

18 Salt Spray Ln Cape Elizabeth, ME 04107

Estimated Value: $2,633,000 - $4,021,000

3 Beds
3 Baths
2,540 Sq Ft
$1,289/Sq Ft Est. Value

Last Sold July 28, 2015

Last sale price $1,059,000 $417 Per Sq Ft

Est. 209% increase in value since last sale

Current estimated payment $19,938/month

49 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Beach Access
  • In Ground Pool
  • Pond Cove Elementary School Rated A
  • Country Club
  • Deck

About This Home

As of July 2015

Outstanding views of the Atlantic Ocean from almost every room of this lovely seaside home! 1st floor master suite, great room w/gas fireplace, living room w/fireplace, dining room with built ins, Lower level has a family room with guest suite with full bath, wood floors and MORE! Great home to add a 2nd floor if you wish.

Last Agent to Sell the Property

James Mcfarlane

Keller Williams Realty Listed on: 07/27/2015

Last Buyer's Agent

James Mcfarlane

Keller Williams Realty Listed on: 07/27/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,560

Year Built

  • Built in 1968

Lot Details

  • 0.52 Acre Lot
  • 100 Feet of Waterfront
  • Ocean Front
  • Landscaped
  • Level Lot
  • Sprinkler System
  • Property is zoned RA

Property Views

  • Water
  • Scenic Vista

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Cathedral Ceiling
  • Skylights
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Home Security

  • Home Security System
  • Fire Sprinkler System

Parking

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

Outdoor Features

  • In Ground Pool
  • Beach Access
  • Deep Water Access
  • Deck
  • Patio
  • Outbuilding

Location

  • Property is near a golf course

Utilities

  • No Cooling
  • Forced Air Zoned Heating System
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Hot Water Heating System
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 119
  • Assessor Parcel Number 18Salt SprayLNCapeElizU36119

Community Details

Overview

  • No Home Owners Association
  • Broad Cove Subdivision

Recreation

  • Country Club

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,560

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.52
  • Road Surface Type: Paved
  • Water Body Name: Atlantic
  • MLS Status: Closed
  • Subdivision Name: Broad Cove
  • Directions: Rt 77 South toward Crescent Beach, to left on Broad Cove Road. Follow Broad Cove Rd and bear right toward water. Turn right onto Salt Spray to #18.
  • Above Grade Finished Sq Ft: 1692.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Year Built: 1968
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 416.93
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.52
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 1692.0
  • Property Information:SqFt Finished Below Grade: 848.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Basement:Daylight: Yes
  • Percent Basement Finished: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Pool-In Ground: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Amenities:Security System: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Full Bath7: Yes
  • Style:Ranch: Yes
  • Heat System:Multi-Zones: Yes
  • Recreational Water:Oceanfront: Yes
  • Heat Fuel:Wood2: Yes
  • Living Room Amenities:Wood Burning Fireplace14: Yes
  • Water Info:Waterfront Amount -: 100.0
  • Water Info:Water Frontage Owned -: 100.0
  • Recreational Water:Waterfront Deep: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Family Room:Family Room: Yes
  • Appliances Included:Gas Range: Yes
  • Equipment:Cable: Yes
  • View:Scenic: Yes
  • Location:Near Country Club: Yes
  • Transportation:Deep Water Access: Yes
  • Misc Amenities Sprinkler: Yes
  • Recreational Water:Beach Rights: Yes
  • Family Room Amenities:Wood Burning Fireplace10: Yes
  • Family Room Amenities:Cathedral Ceiling17: Yes
  • Family Room Amenities:Skylight18: Yes
  • Other Structures:Out Building: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Advertising Remarks:Advertising Remarks: Outstanding views of the Atlantic Ocean from almost every room of this lovely seaside home! 1st floor master suite, great room w/gas fireplace, living room w/fireplace, dining room with built ins, Lower level has a family room with guest suite with full bath, wood floors and MORE! Great home to add a 2nd floor if you wish.
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator, Gas Range, Disposal, Dishwasher
  • Has Basement: Daylight, Finished, Full, Walk-Out Access
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 848.0
  • Interior Amenities: 1st Floor Bedroom, Primary Bedroom w/Bath
  • Full Basement: Yes
  • 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
  • Bedroom 1:Bedroom 1 Level: Basement

Exterior Features

  • Lot Features: Level, Landscaped, Near Golf Course, Near Shopping, Neighborhood
  • Pool Features: In Ground
  • View: Scenic
  • Waterfront Features: Ocean
  • Waterfront: Yes
  • Construction Type: Shingle Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • 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
  • Parking Features: Paved, Garage Door Opener, Inside Entrance

Utilities

  • Security: Sprinkler, Security System
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 22651.2
  • Parcel #: 18Salt SprayLNCapeElizU36119
  • Zoning: RA

Tax Info

  • Tax Annual Amount: 24560.0
  • Tax Lot: 119
  • Tax Year: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2015
Closed on
Aug 3, 2015
Sold by
Wolff Thomas J and Wolff Margaret D
Bought by
Smith Emily R and Smith James G
Seller's Agent
James Mcfarlane
Keller Williams Realty
Buyer's Agent
James Mcfarlane
Keller Williams Realty
List Price
$1,185,000
Sold Price
$1,059,000
Premium/Discount to List
-$126,000
-10.63%
Current Estimated Value
$3,273,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,214,841
Avg. Annual Appreciation
11.45%
Original Mortgage
$847,200
Outstanding Balance
$664,956
Interest Rate
3.97%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,608,885
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Smith Emily R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Emily R $847,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2015 07/28/15 Sold $1,059,000 -10.6% $417 / Sq Ft
05/19/2015 05/19/15 Pending -- -- --
03/30/2015 03/30/15 For Sale $1,185,000 -- $467 / 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 $32,808 $2,982,500 $2,239,300 $743,200
2023 $66,618 $2,982,000 $2,239,300 $742,700
2022 $24,984 $1,181,300 $907,000 $274,300
2021 $23,933 $1,181,300 $907,000 $274,300
2020 $23,531 $1,181,300 $907,000 $274,300
2019 $23,248 $1,181,300 $907,000 $274,300
2018 $22,468 $1,181,300 $907,000 $274,300
2017 $21,263 $1,181,300 $907,000 $274,300
2016 $20,720 $1,181,300 $907,000 $274,300
2015 $19,940 $1,181,300 $907,000 $274,300
2013 $19,232 $1,181,300 $907,000 $274,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1208096

Maine Listings

APN: CAPE-036119U