NOT LISTED FOR SALE

2 Old Ocean House Rd Cape Elizabeth, ME 04107

Estimated Value: $3,204,000 - $4,802,000

14 Acres
$277,852 Price per Acre
592,416 Sq Ft Lot

Last Sold October 28, 2016

Last sale price $1,400,000

Est. 170% increase in value since last sale

Current estimated payment $23,407/month

83 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Ocean Front
  • Country Club
  • Pond Cove Elementary School Rated A
  • Public Beach
  • 13.6 Acre Lot

About This Lot

As of October 2016

These are the Gardens of Hidden Court; one of the area's most coveted estates and Sir Henry Robinson's re-creation of 16th century English architecture during the 1930's. A landscape architect's dream depicting several interpretations of garden movements, hardscapes, and eccentric variations of cultural significance. A perfect site for an out of the ordinary home and one who appreciates its true uniqueness.

Last Agent to Sell the Property

Timothy Kennedy

Legacy Properties Sotheby's International Realty Listed on: 06/17/2016

Last Buyer's Agent

Lucy Flight

Keller Williams Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,630

Year Built

  • 2017

Lot Details

  • 13.6 Acre Lot
  • Ocean Front
  • Public Beach
  • Near Conservation Area
  • Landscaped
  • Level Lot
  • Wooded Lot
  • Property is zoned RA

Parking

  • Gravel Driveway

Property Views

  • Water
  • Woods

Utilities

  • Underground Utilities
  • Natural Gas Not Available
  • Well Required
  • Septic Needed

Additional Features

  • Property is near a golf course
  • Pasture

Listing and Financial Details

  • Tax Lot 004

Community Details

Overview

  • No Home Owners Association

Recreation

  • Country Club
  • Deeded Waterfront Access Rights
  • Beach Access
  • Deep Water Access

Property Details

Property Type

Land

Est. Annual Taxes

$6,630

Year Built

2017

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 13.6
  • MLS Status: Closed
  • Directions: Property entrance is between 2 brick pillars/gates on the corner of Route 77 and Old Ocean House Road. Access by appointment only
  • Property Information:Lot Size Acres -: 13.6
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Gas:No Gas: Yes
  • Location:Near Public Beach: Yes
  • Recreational Water:Oceanfront: Yes
  • Recreational Water:Deeded: Yes
  • Recreational Water:Waterfront Deep: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Site:RollingSloping: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Location:Near Country Club: Yes
  • View:Fields: Yes
  • Water:Well Needed on Site: Yes
  • Sewer:Septic Needed: Yes
  • Site:PastureField: Yes
  • Location:Abuts Conservation: Yes
  • Electric:Underground: Yes
  • Recreational Water:Beach Rights: Yes
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2017

Exterior Features

  • Lot Features: Level, Rolling Slope, Landscaped, Wooded, Abuts Conservation, Pasture, Near Golf Course, Near Public Beach, Near Shopping, Near Town
  • View: Fields, Trees/Woods
  • Waterfront: No

Garage/Parking

  • Parking Features: Gravel

Utilities

  • Electric: Underground
  • Sewer: Septic Needed
  • Water Source: Well Needed on Site

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 592416.0
  • Parcel #: 999999
  • Zoning: RA

Tax Info

  • Tax Annual Amount: 6630.0
  • Tax Book Number: 31434
  • Tax Lot: 004
  • Tax Map Number: R02
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2016
Closed on
Oct 28, 2016
Sold by
Hidden Court Llc
Bought by
Angell Margaret and Fick Nathaniel
Seller's Agent
Timothy Kennedy
Legacy Properties Sotheby's International Realty
Buyer's Agent
Lucy Flight
Keller Williams Realty
List Price
$1,495,000
Sold Price
$1,400,000
Premium/Discount to List
-$95,000
-6.35%
Total Days on Market
83
Current Estimated Value
$3,778,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,378,791
Avg. Annual Appreciation
12.51%
Original Mortgage
$250,000
Interest Rate
3.52%
Mortgage Type
Unknown

Purchase Details

Listed on
Nov 4, 2013
Closed on
Apr 9, 2014
Sold by
Rudolf F Haffenreffer T
Bought by
Hidden Court Llc
Seller's Agent
George Ballantyne
Legacy Properties Sotheby's International Realty
Buyer's Agent
Timothy Kennedy
Portside Real Estate Group
List Price
$775,000
Sold Price
$776,000
Premium/Discount to List
$1,000
0.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.92%
Original Mortgage
$543,200
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Similar Property in Cape Elizabeth, ME

  • 40 Zeb Cove Rd, Cape Elizabeth, ME 04107

    $3,750,000

    • Land
    • 10 Acres
    • $367,287 per Acre
    • 40 Zeb Cove Rd
    • Cape Elizabeth, ME

    As the early descendants and a founding family of Cape Elizabeth, the sellers' ownership of Zeb's Cove Farm goes back over 300 years and is being offered for sale for the first time. This highly coveted location is one of Cape Elizabeth's finest offering wonderful privacy, 10.21 acres of rolling lawns/meadows, towering mature forest, ocean views and deeded access to a private 350'± sand beach

    John Saint-Amour LandVest, Inc.

    Section Image

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 Buyer Sale Price Title Company
Angell Margaret -- --
Hidden Court Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fick Nathaniel C $250,000
Open Fick Nathaniel $1,800,000
Closed Angell Margaret $2,100,000
Closed Angell Margaret $250,000
Previous Owner Hidden Court Llc $3,123,179
Previous Owner Hidden Court Llc $543,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2016 10/28/16 Sold $1,400,000 -6.4% --
09/09/2016 09/09/16 Pending -- -- --
06/17/2016 06/17/16 For Sale $1,495,000 +92.7% --
04/08/2014 04/08/14 Sold $776,000 +0.1% --
02/25/2014 02/25/14 Pending -- -- --
11/09/2013 11/09/13 For Sale $775,000 -- --
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 $26,341 $2,394,600 $514,500 $1,880,100
2023 $54,262 $2,428,900 $514,500 $1,914,400
2022 $30,873 $1,459,700 $492,000 $967,700
2021 $28,226 $1,393,200 $492,000 $901,200
2020 $27,753 $1,393,200 $492,000 $901,200
2019 $27,418 $1,393,200 $492,000 $901,200
2018 $16,078 $845,300 $492,000 $353,300
2017 $7,070 $392,800 $392,800 $0
2016 $6,890 $392,800 $392,800 $0
2015 $6,630 $392,800 $392,800 $0
2013 $6,160 $378,400 $378,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1269962

Maine Listings

APN: CAPE-002004R-000003