NOT LISTED FOR SALE

Estimated Value: $2,885,862 - $3,253,000

3 Beds
3.5 Baths
2,856 Sq Ft
$1,056/Sq Ft Est. Value

Last Sold November 22, 2019

Last sale price $2,400,000 $840 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $18,980/month

15 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 143 Feet of Waterfront
  • Deck
  • Pond Cove Elementary School Rated A
  • Colonial Architecture
  • Soaking Tub in Primary Bathroom

About This Home

As of November 2019

This quintessential coastal Maine property recently underwent a complete renovation and has been redesigned with the utmost in quality and style. Views of the rocky shoreline and crashing surf define the newly remodeled open concept layout. The gourmet kitchen is outfitted with the finest in finishes and appliances including a Wolf range and custom Sub-Zero refrigerator. Set to the backdrop of the ever-changing ocean views, the front-to-back living room is comfortable, yet elegant, with a welcoming stone fireplace. The well-executed master suite provides captivating water views while complemented by a gas fireplace, walk-in closet, and luxurious Carrara marble bath. Two additional en-suite bedrooms are perfectly designed to provide ample space and privacy. Extensive landscaping and hardscaping seamlessly transition to the outdoor living space, allowing for panoramic views of the Portland shipping channel, Ram Island, Halfway Rock, and the open ocean.

Last Agent to Sell the Property

David Banks

RE/MAX By The Bay Listed on: 09/09/2019

RE/MAX By The Bay

Last Buyer's Agent

Erin Oldham

Benchmark Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,750

Year Built

  • Built in 1929

Lot Details

  • 9,148 Sq Ft Lot
  • 143 Feet of Waterfront
  • Ocean Front
  • Property Fronts a Bay or Harbor
  • Landscaped
  • Property is zoned RC

HOA Fees

  • $3 Monthly HOA Fees

Parking

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

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,856 Sq Ft Home
  • Built-In Features
  • 2 Fireplaces
  • Gas Fireplace
  • Mud Room
  • Living Room
  • Dining Room
  • Den
  • Bonus Room
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Marble Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Bedroom Suite
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub in Primary Bathroom
  • Secondary Bathroom Soaking Tub
  • Separate Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement
  • Interior Basement Entry
  • Crawl Space

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Deeded Waterfront Access Rights
  • Beach Access
  • Access to Tidal Water
  • Deck
  • Patio

Utilities

  • Cooling Available
  • Space Heater
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Radiant Heating System

Community Details

  • Cape Cottage Beach Association Subdivision

Listing and Financial Details

  • Tax Lot 43
  • Assessor Parcel Number CAPE-005043U

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,750

Year Built

Built in 1929

Lot Details

0

HOA Fees

$3 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.21
  • Road Surface Type: Paved
  • Water Body Name: Casco Bay
  • MLS Status: Closed
  • Subdivision Name: Cape Cottage Beach Association
  • Directions: Cottage Rd to Shore Road in Cape Elizabeth. Left on Surf Rd. Bear right on Garden Lane to #2.
  • Above Grade Finished Sq Ft: 2856.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Year Built: 1929
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.21
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 2856.0
  • Property Information:Garage: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: 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
  • Location Information:Association Fee: 3.33
  • Location Information:Fee Frequency Paid: Monthly
  • Property Information:Garage Spaces: 2.0
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Cooling:Heat Pump3: Yes
  • Gas:Natural - On Site: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: 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
  • Kitchen Amenities:Island: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Full Bath7: Yes
  • Primary Bedroom Amenities:Suite6: Yes
  • Primary Bedroom Amenities:Walk-in Closet6: Yes
  • Room Features:Eat-in Kitchen2: Yes
  • Room Features:Island2: Yes
  • Room Features:Suite17: Yes
  • Room Features:Walk-in Closet17: Yes
  • Basement:Partial: Yes
  • Mud Room:Mud Room: Yes
  • Foundation Materials:Stone: Yes
  • Heat System:Radiant: Yes
  • Exterior:Wood Siding: Yes
  • Bonus Room:Bonus Room: Yes
  • Style:Colonial: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Cooktop: Yes
  • Appliances Included:Wall Oven: Yes
  • Bedroom 1 Amenities:Full Bath: Yes
  • Recreational Water:Oceanfront: Yes
  • Primary Bedroom Amenities:Double Vanities6: Yes
  • Primary Bedroom Amenities:Soaking Tub6: Yes
  • Room Features:Double Vanities17: Yes
  • Room Features:Soaking Tub17: Yes
  • Water Info:Waterfront Amount -: 142.86
  • Water Info:Water Frontage Owned -: 142.86
  • Recreational Water:Deeded: Yes
  • Dining Room Amenities:Dining Area: Yes
  • Room Features:Dining Area2: Yes
  • Appliances Included:Gas Range: Yes
  • Recreational Water:Waterfront Tidal: Yes
  • Room Features:Built-Ins30: Yes
  • Accessibilitiy Amenities:ElevatorChair Lift: Yes
  • Vehicle Storage:Heated: Yes
  • Den:Den: Yes
  • Heat System:Space Heater: Yes
  • Vehicle Storage:Under: Yes
  • Bedroom Amenities 2:Full Bath2: Yes
  • Amenities:Elevator Passenger: Yes
  • Recreational Water:Beach Rights: Yes
  • Primary Bedroom Amenities:Separate Shower6: Yes
  • Room Features:Separate Shower17: Yes
  • Bedroom 1 Amenities:Walk-in Closet: Yes
  • Living Room Amenities:Gas Fireplace5: Yes
  • Room Features:Gas Fireplace29: Yes
  • Living Room Amenities:Built-Ins14: Yes
  • Mud Room Amenities:Built-Ins17: Yes
  • Bedroom Amenities 2:Suite2: Yes
  • Kitchen Countertop:Marble: Yes
  • Bedroom 1 Amenities:Suite: Yes
  • Bedroom 1 Amenities:Double Vanities: Yes
  • Primary Bedroom Amenities:Gas Fireplace4: Yes
  • Bedroom 1 Amenities:Separate Shower: Yes
  • Bedroom 1 Amenities:Soaking Tub: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 2
  • Special Features: None

Interior Features

  • Appliances: Washer, Wall Oven, Refrigerator, Microwave, Gas Range, Dryer, Dishwasher, Cooktop
  • Accessibility Features: Elevator/Chair Lift
  • Has Basement: Crawl Space, Full, Partial, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Walk-in Closets, Elevator Passenger, Pantry, Primary Bedroom w/Bath
  • Full Basement: Yes
  • Bedroom 2 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: Second

Exterior Features

  • Lot Features: Landscaped, Neighborhood
  • Waterfront Features: Bay, Ocean
  • Waterfront: Yes
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Stone
  • 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
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Paved, Garage Door Opener, Inside Entrance, Heated Garage, Underground

Utilities

  • Laundry Features: Upper Level
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Space Heater, Radiant, Heat Pump
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 3.33
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9147.6
  • Parcel #: CAPE-005043U
  • Zoning: RC

Tax Info

  • Tax Annual Amount: 21750.0
  • Tax Book Number: 33510
  • Tax Lot: 43
  • Tax Map Number: U05
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 27, 2024
Sold by
Drexler Wendy and Gardner Douglas S
Bought by
Davin Dava and Davin James J
Current Estimated Value
$3,014,716

Purchase Details

Listed on
Aug 3, 2016
Closed on
Oct 11, 2016
Sold by
Hewes Betsey S
Bought by
Kean Philip L and Grosberg Bradley S
Seller's Agent
James Mcfarlane
Keller Williams Realty
Buyer's Agent
Thomas Gadbois
F.O. Bailey Real Estate
List Price
$1,295,000
Sold Price
$1,225,000
Premium/Discount to List
-$70,000
-5.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.42%
Original Mortgage
$980,000
Interest Rate
3.42%
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
Davin Dava $3,000,000 None Available
Davin Dava $3,000,000 None Available
Kean Philip L -- --
Kean Philip L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kean Philip $980,000
Previous Owner Hewes Richard D $372,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2019 11/22/19 Sold $2,400,000 -4.0% $840 / Sq Ft
09/25/2019 09/25/19 Pending -- -- --
09/09/2019 09/09/19 For Sale $2,500,000 +104.1% $875 / Sq Ft
10/06/2016 10/06/16 Sold $1,225,000 -5.4% $456 / Sq Ft
08/23/2016 08/23/16 Pending -- -- --
08/03/2016 08/03/16 For Sale $1,295,000 -- $482 / 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 $30,610 $2,782,700 $2,166,400 $616,300
2023 $62,166 $2,782,700 $2,166,400 $616,300
2022 $23,375 $1,105,200 $794,200 $311,000
2021 $22,391 $1,105,200 $794,200 $311,000
2020 $22,016 $1,105,200 $794,200 $311,000
2019 $21,750 $1,105,200 $794,200 $311,000
2018 $21,021 $1,105,200 $794,200 $311,000
2017 $17,159 $953,300 $794,200 $159,100
2016 $16,721 $953,300 $794,200 $159,100
2015 $16,092 $953,300 $794,200 $159,100
2013 $15,520 $953,300 $794,200 $159,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1432361

Maine Listings

APN: CAPE-005043U