NOT LISTED FOR SALE

2 Emerald Way Cape Elizabeth, ME 04107

Estimated Value: $973,000 - $1,239,000

4 Beds
2.5 Baths
3,107 Sq Ft
$348/Sq Ft Est. Value

Last Sold August 05, 2020

Last sale price $600,000 $193 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $6,648/month

Highlights

  • Nearby Water Access
  • Public Beach
  • View of Trees or Woods
  • Pond Cove Elementary School Rated A
  • Country Club
  • Cape Cod Architecture

About This Home

As of August 2020

This spacious Cape is nicely situated on a private 1/2 acre lot. Step inside the sunny kitchen that features a large concrete island and is open to the living room with gas fireplace and vaulted ceiling.
The first floor includes hardwood floors throughout, a formal dining room, large master bedroom suite with private deck and laundry room.
Upstairs are 3 good sized bedrooms and a full bath.
The lower level is daylight and has convenient space for a private home office or family room. The mudroom is right off the garage and has built-ins for storage.
Outside you will find 2 large decks, patio space, a covered porch, large yard and fabulous gardens.
The location cannot be beat. Close to beaches, parks, walking trails and town services. Several restaurants, coffee shops and bakeries are within walking or biking distance.

Last Agent to Sell the Property

Erin Grady

Bostwick and Company, Inc. Listed on: 06/23/2020

Last Buyer's Agent

Andrew Stevens

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $7,921

Year Built

  • Built in 2005

Lot Details

  • 0.57 Acre Lot
  • Property fronts a private road
  • Public Beach
  • Street terminates at a dead end
  • Landscaped
  • Level Lot

Parking

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

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Shingle Roof
  • Clap Board Siding
  • Vinyl Siding
  • Radon Mitigation System
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • Vaulted Ceiling
  • Gas Fireplace
  • Living Room
  • Dining Room
  • Home Office
  • Views of Woods

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Concrete Kitchen Countertops
  • Formica Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Shower Only

Laundry

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

Basement

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

Outdoor Features

  • Nearby Water Access
  • Balcony
  • Deck
  • Patio
  • Outbuilding
  • Porch

Location

  • Property is near a golf course
  • Suburban Location

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Generator Hookup
  • Oil Water Heater
  • Internet Available

Listing and Financial Details

  • Tax Lot 009
  • Assessor Parcel Number CAPE-031009U-C000000

Community Details

Recreation

  • Country Club

Additional Features

  • No Home Owners Association
  • Community Storage Space

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$7,921

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.57
  • Road Frontage Type: Private
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Heading south on Cottage Rd. In So. Portland, turn right onto Mitchell Rd. Go 1.4 miles, Emerald Way is on left between the two Stonegate entrances. From Rt 77 heading south, turn left on Mitchell Rd ,go 1 mile, Emerald Way on right
  • Above Grade Finished Sq Ft: 2707.0
  • Architectural Style: Cape
  • Garage Yn: Yes
  • Year Built: 2005
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 0.57
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2707.0
  • Property Information:SqFt Finished Below Grade: 400.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Basement:Daylight: Yes
  • Basement:Walkout Access: 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:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 2.0
  • Roads:Private: Yes
  • Exterior:Vinyl Siding: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Amenities:Walk-in Closets: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Kitchen Amenities:Island: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Full Bath7: Yes
  • Room Features:Eat-in Kitchen2: Yes
  • Room Features:Island2: Yes
  • Location:Suburban: Yes
  • Exterior:Clapboard: Yes
  • Heat System:Multi-Zones: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Office:Office: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Primary Bedroom Amenities:Double Vanities6: Yes
  • Room Features:Double Vanities17: Yes
  • Roads:Dead End: Yes
  • View:TreesWoods: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Kitchen Countertop:Formica: Yes
  • Water Heater:Oil2: Yes
  • Construction:Modular: Yes
  • Location:Near Country Club: Yes
  • Laundry Room:Laundry Room: Yes
  • Primary Bedroom Amenities:BalconyDeck6: Yes
  • Room Features:BalconyDeck17: Yes
  • Room Features:Vaulted Ceiling29: Yes
  • Equipment:Air Radon Mitigation System: Yes
  • Living Room Amenities:Gas Fireplace5: Yes
  • Room Features:Gas Fireplace29: Yes
  • Kitchen Countertop:Cement: Yes
  • Living Room Amenities:Vaulted Ceiling14: Yes
  • Other Structures:Out Building: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Disposal, Dishwasher
  • Has Basement: Walk-Out Access, Daylight, Full, Interior Entry
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 400.0
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Walk-in Closets, 1st Floor Primary Bedroom w/Bath, Bathtub, Pantry, Shower, Storage, Primary Bedroom w/Bath
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • 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: First
  • Laundry Room Laundry Room Level: First

Exterior Features

  • Lot Features: Level, Landscaped, Near Golf Course, Near Public Beach, Near Shopping, Near Town, Suburban
  • View: Trees/Woods
  • Waterfront: No
  • Construction Type: Vinyl Siding, Clapboard, Modular
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Patio, Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Paved, Garage Door Opener, Inside Entrance

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Generator Hookup, Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Cape Elizabeth Public Schools

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 24829.2
  • Parcel #: CAPE-031009U-C000000
  • Zoning: RA

Tax Info

  • Tax Annual Amount: 7921.0
  • Tax Book Number: 32162
  • Tax Lot: 009
  • Tax Map Number: U31
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2020
Closed on
Aug 6, 2020
Sold by
Frati Kathleen A and Frati James J
Bought by
Stevens Andrew D and Stevens Drew
Seller's Agent
Erin Grady
Bostwick and Company, Inc.
Buyer's Agent
Andrew Stevens
Keller Williams Realty
List Price
$595,000
Sold Price
$600,000
Premium/Discount to List
$5,000
0.84%
Total Days on Market
0
Current Estimated Value
$1,081,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$481,878
Avg. Annual Appreciation
13.29%
Original Mortgage
$480,000
Outstanding Balance
$434,074
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$660,958

Purchase Details

Closed on
Mar 27, 2015
Sold by
Frati Kathleen A
Bought by
Frati Kathleen A and Frati James J

Purchase Details

Closed on
Jul 9, 2013
Sold by
Grady Erin
Bought by
Frati Kathleen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
3.59%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Stevens Andrew D -- None Available
Frati Kathleen A -- --
Frati Kathleen A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stevens Andrew D $96,000
Open Stevens Andrew D $480,000
Previous Owner Frati Kathleen A $360,000
Previous Owner Gallant Erin G $200,000
Previous Owner Gallant Erin G $25,000
Previous Owner Gallant Erin C $155,000
Previous Owner Grady-Gallant Erin $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2020 08/05/20 Sold $600,000 +0.8% $193 / Sq Ft
06/23/2020 06/23/20 Pending -- -- --
06/23/2020 06/23/20 For Sale $595,000 -- $192 / 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 $10,872 $988,400 $500,200 $488,200
2023 $22,081 $988,400 $500,200 $488,200
2022 $8,538 $403,700 $103,300 $300,400
2021 $8,179 $403,700 $103,300 $300,400
2020 $5,098 $402,500 $103,300 $299,200
2019 $7,921 $402,500 $103,300 $299,200
2018 $7,656 $402,500 $103,300 $299,200
2017 $7,245 $402,500 $103,300 $299,200
2016 $7,060 $402,500 $103,300 $299,200
2015 $6,794 $402,500 $103,300 $299,200
2013 $6,553 $402,500 $103,300 $299,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1457485

Maine Listings

APN: CAPE-031009U-C000000