$776,000
SOLD APR 8, 2014

2 Old Ocean House Rd Cape Elizabeth, ME 04107

10 Acres
$77,522 Price per Acre
436,036 Sq Ft Lot

Recently Sold

107 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Water Views
  • Wooded Lot
  • Pond Cove Elementary School Rated A
  • 10.01 Acre Lot
  • No HOA

About This Lot

As of October 2016

Magnificent estate quality lot formerly part of Hidden Court Estate, Deeded ROW to Zeb's Cove Beach, mature trees, plantings, gardens, road, driveway and electric on-site.

Last Agent to Sell the Property

George Ballantyne

Legacy Properties Sotheby's International Realty Listed on: 11/04/2013

Co-Listed By

Chris Lynch

Legacy Properties Sotheby's International Realty

Last Buyer's Agent

Timothy Kennedy

Portside Real Estate Group

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,160

Lot Details

  • 10.01 Acre Lot
  • Level Lot
  • Wooded Lot
  • Property is zoned RA

Parking

  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista
  • Woods

Utilities

  • Underground Utilities
  • Natural Gas Not Available
  • Water Not Available
  • Sewer Not Available

Listing and Financial Details

  • Tax Lot 003
  • Assessor Parcel Number 2Old Ocean House RoadCapeElizR02003

Community Details

Overview

  • No Home Owners Association
  • The community has rules related to deed restrictions

Recreation

  • Deeded Waterfront Access Rights
  • Beach Access
  • Nearby Water Access
  • Deep Water Access

Property Details

Property Type

Land

Est. Annual Taxes

$6,160

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 10.01
  • Co List Office Mls Id: 2259
  • Co List Office Phone: 207-780-8900
  • MLS Status: Closed
  • Directions: Corner of Rte 77 (Ocean House Rd) and Old Ocean House Road.
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 10.01
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Gas:No Gas: Yes
  • Recreational Water:Nearby: Yes
  • Recreational Water:Deeded: Yes
  • Recreational Water:Waterfront Deep: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Property Information:Deed Restrictions: Yes
  • View:Scenic: Yes
  • View:Fields: Yes
  • Sewer:None4: Yes
  • Water:None5: Yes
  • Utility Info Electric On Site: Yes
  • Electric:Underground: Yes
  • Recreational Water:Beach Rights: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Level, Wooded, Near Shopping
  • View: Fields, Scenic, Trees/Woods
  • Waterfront: No

Garage/Parking

  • Parking Features: Gravel

Utilities

  • Electric: Underground, On Site
  • Sewer: None
  • Water Source: None

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Other Restrictions

Lot Info

  • Lot Size Sq Ft: 436035.6
  • Parcel #: 2Old Ocean House RoadCapeElizR02003
  • Zoning: RA

Tax Info

  • Tax Annual Amount: 6160.0
  • Tax Book Number: 8694
  • Tax Lot: 003
  • Tax Map Number: R02
  • Tax Year: 13

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%
Current Estimated Value
$4,568,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,168,746
Avg. Annual Appreciation
11.99%
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

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 Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,000 Balloon
Open $1,800,000 Adjustable Rate Mortgage/ARM
Closed $2,100,000 Unknown
Closed $250,000 Unknown
Previous Owner $3,123,179 Stand Alone Refi Refinance Of Original Loan
Previous Owner $543,200 Purchase Money Mortgage
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: 1116094

Maine Listings

APN: CAPE-002004R-000003