$1,600,000
SOLD FEB 20, 2025

196 Ocean House Rd Cape Elizabeth, ME 04107

6 Beds
5 Baths
4,943 Sq Ft
1.4 Acres

Recently Sold

$324 Per Sq Ft

11% Below List Price

126 Days on Market

Highlights

  • Nearby Water Access
  • Public Beach
  • 1.4 Acre Lot
  • Pond Cove Elementary School Rated A
  • Country Club
  • Federal Architecture

About This Home

As of February 2025

NEW PRICE! & a great value on this 100+ year old Federal Home built with the integrity, character & charm of yesteryear... Almost 5000 sq ft of an open spacious floorplan! Amenities include Formal Dining room, Formal Living room, Hardwood floors, 4 fireplaces, tall ceilings, spacious rooms, everything you would expect from a vintage home on 1.4 Acres. Plus a huge investment within the last two years in improvements! Including a new roof, new high efficiency heating system, new wiring thru-out, new interior & exterior paint, new spray insulation in attic & basement, and so, so much more! (List of improvements attached in documents) One of the greatest features is the options this property presents. While technically zoned as a 3 unit building, one can live in the main house & rent out the two separate units attached in the back of the building for added income, or use one unit as an in-law unit for family members... or guest suites for visiting friends & family! or use the entire property as a single family property! See attached definition of RC Zoning & options allowed including Home Occupation! The options can accommodate many different scenarios and needs.
Another benefit is the room for more expansion with the 3rd floor walk-up insulated attic! and the insulated heated basement! this property has all the space you may need!
Property is located only minutes to the center of Cape Elizabeth, CE schools, beautiful sandy beaches, walking trails... and only 10-15 minutes to Portland!
Live with the charm of yester years with the improvements of modern-day efficiencies! A definite must see!! OPEN HOUSE SUNDAY JANUARY 19TH 11-1

Last Agent to Sell the Property

Mark Fortier

Town & Shore Real Estate Listed on: 09/18/2024

Last Buyer's Agent

James McFarlane

Portside Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,059

Year Built

  • Built in 1920

Lot Details

  • 1.4 Acre Lot
  • Public Beach
  • Landscaped
  • Open Lot
  • Property is zoned RC

Parking

  • 2 Car Direct Access Garage
  • Driveway

Home Design

  • Federal Architecture
  • Concrete Foundation
  • Stone Foundation
  • Steel Frame
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,943 Sq Ft Home
  • Built-In Features
  • Coffered Ceiling
  • Wood Burning Fireplace
  • Double Pane Windows
  • Family Room
  • Living Room
  • Dining Room with Fireplace
  • 4 Fireplaces
  • Formal Dining Room
  • Home Office
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Stove
  • Microwave
  • Dishwasher
  • Formica Countertops

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Bedroom Suite
  • In-Law or Guest Suite
  • Bathtub
  • Shower Only

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Unfinished Basement

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

Outdoor Features

  • Nearby Water Access
  • Deck
  • Porch

Location

  • Property is near public transit
  • Property is near a golf course
  • City Lot

Utilities

  • No Cooling
  • Zoned Heating
  • Radiator
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Baseboard Heating
  • Hot Water Heating System
  • Programmable Thermostat
  • Natural Gas Not Available
  • Water Heater
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 37
  • Assessor Parcel Number CAPE-024037U

Community Details

Recreation

  • Country Club

Additional Features

  • No Home Owners Association
  • Community Storage Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,059

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.4
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Ocean House Road between Oakwood Rd & Clinton Rd
  • Above Grade Finished Sq Ft: 4943.0
  • Architectural Style: Federal
  • Garage Yn: Yes
  • Efficiency: Programmable Thermostat, Double Pane Windows
  • Year Built: 1920
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.4
  • Property Information:Total Baths: 5.0
  • Property Information:SqFt Finished Above Grade: 4943.0
  • Property Information:Garage: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Daylight: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 2.0
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Amenities:Walk-in Closets: 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
  • Primary Bedroom Amenities:Suite6: Yes
  • Room Features:Eat-in Kitchen2: Yes
  • Room Features:Suite17: Yes
  • Gas:No Gas: Yes
  • Foundation Materials:Stone: Yes
  • Heat System:Multi-Zones: Yes
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Office:Office: Yes
  • Bedroom 1 Amenities:Full Bath: Yes
  • Amenities:Attic: Yes
  • Recreational Water:Nearby: Yes
  • Heat Fuel:Wood2: Yes
  • Room Features:Wood Burning Fireplace29: Yes
  • Equipment:Internet Access Available: Yes
  • Family Room:Family Room: Yes
  • Property Information:Deed Restrictions: Unknown
  • Kitchen Countertop:Formica: Yes
  • Equipment:Cable: Yes
  • Room Features:Heat Stove29: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Location:Near Country Club: Yes
  • Water Heater:Tank: Yes
  • Heat System:Radiator: Yes
  • Style:Federal: Yes
  • Dining Room Amenities:Wood Burning Fireplace8: Yes
  • Laundry Room:Laundry Room: Yes
  • Room Features:Built-Ins30: Yes
  • Amenities:In-Law Apartment: Yes
  • Den:Den: Yes
  • Construction:Steel Frame: Yes
  • Living Room Amenities:Heat Stove5: Yes
  • Vehicle Storage:Under: Yes
  • Driveway:Concrete3: Yes
  • Transportation:Public Transport Access: Yes
  • Energy Efficiency:Programmable Thermostat: Yes
  • Kitchen Amenities:Breakfast Nook: Yes
  • Room Features:Breakfast Nook2: Yes
  • Living Room Amenities:Built-Ins14: Yes
  • Room Features:LaundryLaundry Hook-up17: Yes
  • Dining Room Amenities:Formal: Yes
  • Den Amenities:Built-Ins7: Yes
  • Den Amenities:Wood Burning Fireplace7: Yes
  • Primary Bedroom Amenities:LaundryLaundry Hook-up6: Yes
  • Bedroom 1 Amenities:Suite: Yes
  • Room Features:Coffered Ceiling29: Yes
  • Bedroom 1 Amenities:Built-Ins5: Yes
  • Den Amenities:Coffered Ceiling12: Yes
  • Living Room Amenities:Coffered Ceiling5: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 4
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher
  • Has Basement: Walk-Out Access, Daylight, Full, Other, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplaces: 4
  • Fireplace: Yes
  • Interior Amenities: Walk-in Closets, 1st Floor Bedroom, Attic, Bathtub, In-Law Floorplan, Shower, Storage, Primary Bedroom w/Bath
  • Full Basement: Yes
  • Bedroom 3 Level: Second
  • Bedroom 4 Bedroom 4 Level: Second
  • 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: First
  • Laundry Room Laundry Room Level: Second
  • Bedroom 5:Bedroom 5 Level: Second

Exterior Features

  • Lot Features: Open Lot, Landscaped, Intown, Near Golf Course, Near Public Beach, Near Shopping, Near Town, Near Public Transit
  • Waterfront: No
  • Construction Type: Wood Siding, Steel Frame, Wood Frame
  • Foundation Details: Stone, Concrete Perimeter
  • Patio And Porch Features: Deck, Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Concrete, Inside Entrance, Underground

Utilities

  • Laundry Features: Upper Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove, 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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 60984.0
  • Parcel #: CAPE-024037U
  • Zoning: RC

Tax Info

  • Tax Annual Amount: 9059.0
  • Tax Book Number: 39282
  • Tax Lot: 37
  • Tax Map Number: U24
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2024
Closed on
Feb 20, 2025
Sold by
Morrow John W and Morrow Erin E
Bought by
Long Ellen M and Long Robert
Seller's Agent
Mark Fortier
Town & Shore Real Estate
Buyer's Agent
James McFarlane
Portside Real Estate Group
List Price
$1,795,000
Sold Price
$1,600,000
Premium/Discount to List
-$195,000
-10.86%
Views
194
Current Estimated Value
$1,621,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,034
Avg. Annual Appreciation
3.36%
Original Mortgage
$1,280,000
Outstanding Balance
$1,278,936
Interest Rate
6.93%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$348,815

Purchase Details

Listed on
Nov 30, 2021
Closed on
Mar 23, 2022
Sold by
Morrison Carmela M
Bought by
Morrow John W and Morrow Erin E
Seller's Agent
Alexa Oestreicher
Legacy Properties Sotheby's International Realty
Buyer's Agent
Mark Fortier
RE/MAX Coastal
List Price
$1,250,000
Sold Price
$1,200,000
Premium/Discount to List
-$50,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.35%
Original Mortgage
$1,100,000
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 4, 2020
Sold by
Morrison Carmela M and Morrison Richard L
Bought by
Morrison Carmela M
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 Type Sale Price Title Company
Warranty Deed $1,600,000 None Available
Warranty Deed $1,600,000 None Available
Warranty Deed $1,200,000 None Available
Warranty Deed $1,200,000 None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,280,000 Purchase Money Mortgage
Closed $1,280,000 Purchase Money Mortgage
Previous Owner $387,500 Credit Line Revolving
Previous Owner $175,527 Credit Line Revolving
Previous Owner $1,100,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2025 02/20/25 Sold $1,600,000 -3.0% $324 / Sq Ft
01/22/2025 01/22/25 Pending -- -- --
01/08/2025 01/08/25 Price Changed $1,649,900 -2.7% $334 / Sq Ft
10/09/2024 10/09/24 Price Changed $1,695,000 -5.6% $343 / Sq Ft
09/18/2024 09/18/24 For Sale $1,795,000 +49.6% $363 / Sq Ft
03/23/2022 03/23/22 Sold $1,200,000 -4.0% $241 / Sq Ft
02/05/2022 02/05/22 Pending -- -- --
11/23/2021 11/23/21 For Sale $1,250,000 -- $252 / 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 $13,432 $1,221,100 $307,500 $913,600
2023 $27,279 $1,221,100 $307,500 $913,600
2022 $8,841 $418,000 $111,700 $306,300
2021 $8,469 $418,000 $111,700 $306,300
2020 $8,327 $418,000 $111,700 $306,300
2019 $8,226 $418,000 $111,700 $306,300
2018 $7,950 $418,000 $111,700 $306,300
2017 $7,524 $418,000 $111,700 $306,300
2016 $7,332 $418,000 $111,700 $306,300
2015 $7,056 $418,000 $111,700 $306,300
2013 $6,805 $418,000 $111,700 $306,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1604198

Maine Listings

APN: CAPE-024037U