NOT LISTED FOR SALE

2 Pearl St Kennebunkport, ME 04046

Estimated Value: $1,591,000 - $2,370,207

6 Beds
4 Baths
4,068 Sq Ft
$467/Sq Ft Est. Value

Last Sold December 12, 2023

Last sale price $1,545,000 $380 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $11,029/month

93 Days on Market

Highlights

  • Nearby Water Access
  • Public Beach
  • Colonial Architecture
  • Kennebunk High School Rated 9+
  • River Front
  • 2-minute walk to Kennebunkport Village Green

About This Home

As of December 2023

BUYER'S FINANCING FELL THROUGH AND THIS PROPERTY IS BACK ON THE MARKET AT AN EXCEPTIONAL NEW PRICE! EASY TO SHOW! Introducing the ''John Davis House,'' a truly remarkable gem nestled in the heart of Dock Square! This multi-unit antique property with quintessential New England curb appeal exudes charm, character, and a coveted in-town location at the corner of Pearl and Ocean Avenue, affording Kennebunk River views. Wide pine floors, brick fireplaces, and beamed ceilings celebrate circa 1795, while more recent updates afford modern conveniences. Each unit offers an inviting and comfortable layout featuring three bedrooms, two baths, ample living space and separate entrances flanking a delightful breezeway overlooking the expansive grounds. Whether you're looking to invest in a multi-unit property with rental income potential or seeking a distinctive home with plenty of living space, ample parking, and a large corner lot, this historic residence offers an unparalleled opportunity to own a piece of the town's rich heritage while enjoying the convenience of in-town living.

Last Agent to Sell the Property

Maureen DeLeo

Keller Williams Realty Listed on: 07/19/2023

Keller Williams Realty

Last Buyer's Agent

Christopher Austin

Olde Port Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,895

Year Built

  • Built in 1795

Lot Details

  • 0.29 Acre Lot
  • River Front
  • Public Beach
  • Fenced
  • Landscaped
  • Corner Lot
  • Level Lot
  • Open Lot

Home Design

  • Duplex
  • Colonial Architecture
  • New Englander Architecture
  • Stone Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 4,068 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Water Views

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 4 Full Bathrooms

Unfinished Basement

  • Partial Basement
  • Interior and Exterior Basement Entry
  • Crawl Space

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Nearby Water Access
  • Patio
  • Enclosed Glass Porch

Location

  • Property is near a golf course
  • City Lot

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Baseboard Heating
  • Hot Water Heating System
  • Electric Water Heater
  • Internet Available

Listing and Financial Details

  • Legal Lot and Block 9 / 7
  • Assessor Parcel Number KENP-000011-000007-000009

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $9,223
  • Gross Income $17,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,895

Year Built

Built in 1795

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.29
  • Water Body Name: Kennebunk River
  • MLS Status: Closed
  • Directions: Corner of Ocean Avenue and Pearl Street.
  • Above Grade Finished Sq Ft: 4068.0
  • Architectural Style: Duplex, Colonial, New Englander
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1795
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.29
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 4068.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Fence: Yes
  • Foundation Materials:Slab: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Basement:Partial: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:Stone: Yes
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 17400.0
  • Income Expenses Operating Expenses: 9223.0
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Style:Colonial: Yes
  • Basement:Crawl Space: Yes
  • Building Info:_pound_ Fireplaces3: 2
  • Style:Duplex: Yes
  • Recreational Water:Nearby: Yes
  • Basement:Slab2: Yes
  • Equipment:Internet Access Available: Yes
  • Foundation Materials:Granite2: Yes
  • Style:New Englander: Yes
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Crawl Space, Partial, Exterior Entry, Bulkhead, Interior Entry, Unfinished
  • Full Bathrooms: 4
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Wood, Vinyl, Carpet
  • Interior Amenities: 1st Floor Bedroom

Exterior Features

  • Fencing: Fenced
  • Lot Features: Corner Lot, Level, Open Lot, Landscaped, Intown, Near Golf Course, Near Public Beach, Near Shopping, Near Town
  • Waterfront Features: River
  • Waterfront: No
  • Construction Type: Wood Siding, Vinyl Siding, Wood Frame
  • Foundation Details: Stone, Granite, Slab
  • Patio And Porch Features: Glass Enclosed, Patio
  • Roof: Shingle
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: 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: 12632.4
  • Parcel #: KENP-000011-000007-000009
  • Zoning: Village Residential

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 17400.0
  • Annual Operating Expense: 9223.0

Tax Info

  • Tax Annual Amount: 9895.0
  • Tax Block: 7
  • Tax Book Number: 8417
  • Tax Lot: 9
  • Tax Map Number: 11
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2023
Closed on
Dec 11, 2023
Sold by
David G Eglinton T G and David Eglinton
Bought by
Black Ft and Black
Seller's Agent
Maureen DeLeo
Keller Williams Realty
Buyer's Agent
Christopher Austin
Olde Port Properties
List Price
$1,850,000
Sold Price
$1,545,000
Premium/Discount to List
-$305,000
-16.49%
Current Estimated Value
$1,900,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$355,402
Avg. Annual Appreciation
9.65%
Original Mortgage
$1,145,000
Outstanding Balance
$1,131,530
Interest Rate
7.79%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$686,956
Source: Public Records

Range of Values:

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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
Black Ft $1,545,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Black Ft $1,145,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2023 12/12/23 Sold $1,545,000 -16.5% $380 / Sq Ft
10/20/2023 10/20/23 Pending -- -- --
07/19/2023 07/19/23 For Sale $1,850,000 -- $455 / 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 $10,848 $1,668,900 $356,400 $1,312,500
2023 $10,347 $1,655,500 $356,400 $1,299,100
2022 $9,895 $1,649,200 $356,400 $1,292,800
2021 $8,004 $833,700 $150,800 $682,900
2020 $7,878 $833,700 $150,800 $682,900
2019 $7,878 $833,700 $150,800 $682,900
2018 $7,303 $833,700 $150,800 $682,900
2017 $7,253 $833,700 $150,800 $682,900
2016 $6,903 $833,700 $150,800 $682,900
2015 $6,342 $833,700 $150,800 $682,900
2014 $6,361 $833,700 $150,800 $682,900
Source: Public Records

Agents Affiliated with this Home

  • Maureen DeLeo

    Seller's Agent in 2023

    Maureen DeLeo

    Keller Williams Realty

    (978) 835-9767

    6 in this area

    70 Total Sales

    Maureen DeLeo
    Section Image

  • C

    Buyer's Agent in 2023

    Christopher Austin

    Olde Port Properties

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Map

Source: Maine Listings

MLS Number: 1564524

Maine Listings

APN: KENP-000011-000007-000009

Maine York County Kennebunkport 04046

2 Pearl St, Kennebunkport, ME

This home is located at 2 Pearl St, Kennebunkport, ME 04046 since 19 July 2023 and is currently estimated at $1,900,402, approximately $467 per square foot. This property was built in 1795. 2 Pearl St is a home located in York County with nearby schools including Kennebunk High School, School Around Us, and The New School.

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