NOT LISTED FOR SALE

22 Cottage Ln Cape Elizabeth, ME 04107

Estimated Value: $2,392,000 - $3,233,000

6 Beds
4.5 Baths
3,226 Sq Ft
$930/Sq Ft Est. Value

Last Sold June 26, 2020

Last sale price $2,500,000 $775 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $18,449/month

9 Days on Market

Highlights

  • 40 Feet of Waterfront
  • Beach Access
  • Deck
  • Pond Cove Elementary School Rated A
  • Spa
  • Wood Flooring

About This Home

As of June 2020

Your incredible Maine escape! Beautifully furnished waterfront oasis, perched high above a private, pristine, rare sandy beach! Breathtaking ocean views from every room! Dramatic, oversized windows fill the house with light and views of Maiden Cove, Casco Bay, and the surrounding lighthouses.
This richly updated 6 bedroom, 4 1/2 bath stunner has four distinct areas of carefree living. The main floor boasts an open-spaced, home-tour chef's kitchen with an adjoining dining area and great room with gas fireplace. The second floor offers two distinct living areas. Enjoy your morning coffee on the oceanside balcony off of the gorgeous separate, custom-built master suite with gas fireplace. A walk-out, terrace-level apartment with gas fireplace checks every box as fabulous guest quarters or multi-generational living.
Watch all of the activity on Casco Bay on one of four outdoor seating/dining areas, including a fabulous, large rooftop deck with panoramic ship channel views. A separate deck, overlooking the beach, sits atop a built-in pool that may be reopened if desired. Direct beach access. Launch the kayaks and SUPs from your own backyard. After a long day at the beach, rinse off in the private outdoor, hot/cold shower. Slip into the hot tub with a glass of wine and take in the gorgeous sunsets and ocean vistas. A generator automatically keeps everything running when Mother Nature gets feisty.
Walking distance to bakeries, restaurants, Portland Head Light/Fort Williams Park, and serene walking trails. Seven minutes to Portland and world-class dining. This unmatched location is Maine's magnificence at its best. SEEING IS BELIEVING!
(Property is being offered fully furnished.)

Last Agent to Sell the Property

Elisabeth Bostwick

Bostwick and Company, Inc. Listed on: 05/07/2020

Last Buyer's Agent

Cathy Davis

Garnsey Bros. Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,122

Year Built

  • Built in 1930

Lot Details

  • 0.27 Acre Lot
  • 40 Feet of Waterfront
  • Ocean Front
  • Landscaped

HOA Fees

  • $3 Monthly HOA Fees

Parking

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

Property Views

  • Water
  • Scenic Vista

Home Design

  • Cottage
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,226 Sq Ft Home
  • Furnished
  • 3 Fireplaces

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom
  • Bathtub
  • Shower Only

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Spa
  • Beach Access
  • Deep Water Access
  • Property Near A Cove
  • Deck

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Baseboard Heating
  • Power Generator
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 36
  • Assessor Parcel Number 22CottageLaneCape Elizabeth04107

Community Details

Overview

  • Casino Beach Association Subdivision

Amenities

  • Community Storage Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,122

Year Built

Built in 1930

Lot Details

0

HOA Fees

$3 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.27
  • Water Body Name: Atlantic Ocean
  • MLS Status: Closed
  • Subdivision Name: Casino Beach Association
  • Directions: Shore Road to Cottage Lane to #22 on left.
  • Above Grade Finished Sq Ft: 3226.0
  • Architectural Style: Cottage, Shingle Style
  • Garage Yn: Yes
  • Year Built: 1930
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 0.27
  • Property Information:Total Baths: 5.0
  • Property Information:SqFt Finished Above Grade: 3226.0
  • Property Information:Garage: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Basement:Walkout Access: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: 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
  • Location Information:Association Fee: 40.0
  • Location Information:Fee Frequency Paid: Annually
  • Property Information:Garage Spaces: 2.0
  • Kitchen Countertop:Granite: Yes
  • Gas:Natural - On Site: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Heat Fuel:Gas Natural: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Heat System:Multi-Zones: Yes
  • Heat System:Radiant: Yes
  • Parking:On Site2: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Parking:Paved3: Yes
  • Water Info:Waterfront Amount -: 40.0
  • Water Info:Water Frontage Owned -: 40.0
  • Water Info:Water Frontage Shared -: 70.0
  • Recreational Water:Waterfront Deep: Yes
  • Style:Cottage: Yes
  • Appliances Included:Gas Range: Yes
  • Equipment:Cable: Yes
  • View:Scenic: Yes
  • Amenities:Furniture Included: Yes
  • Water Info:Island3: No
  • Equipment:Generator: Yes
  • Style:Shingle Style: Yes
  • Recreational Water:Beach Rights: Yes
  • Amenities:Hot Tub: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 3
  • Special Features: VirtualTour

Interior Features

  • Private Spa: Yes
  • Appliances: Washer, Refrigerator, Microwave, Gas Range, Dryer, Disposal, Dishwasher
  • Has Basement: Walk-Out Access, Finished, Full, Interior Entry
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplaces: 3
  • Fireplace: Yes
  • Interior Amenities: Furniture Included, Bathtub, Other, Shower, Storage, Primary Bedroom w/Bath
  • Full Basement: Yes

Exterior Features

  • Lot Features: Landscaped, Near Town, Neighborhood
  • View: Scenic
  • Waterfront Features: Cove, Ocean
  • Waterfront: Yes
  • Construction Type: Wood Siding, Shingle Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Paved, On Site, Garage Door Opener, Inside Entrance

Utilities

  • Laundry Features: Upper Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiant, Multi-Zones, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 40.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 11761.2
  • Parcel #: 22CottageLaneCape Elizabeth04107
  • Zoning: residential

Tax Info

  • Tax Annual Amount: 22122.0
  • Tax Book Number: 27325
  • Tax Lot: 36
  • Tax Map Number: U05
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2009
Sold by
Doby Anna J Est
Bought by
Wood Michael P and Wood Rosemary
Total Days on Market
9
Current Estimated Value
$3,000,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
5.14%
Mortgage Type
Unknown
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
Wood Michael P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wood Michael P $439,321
Open Wwod Michael P $929,000
Closed Wood Michael P $240,325
Closed Wood Michael P $962,000
Closed Wood Michael P $962,000
Closed Wood Michael P $975,000
Closed Wood Michael P $682,000
Closed Wood Michael P $300,000
Closed Wood Michael P $81,458
Closed Wood Michael P $680,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2020 06/26/20 Sold $2,500,000 -2.0% $775 / Sq Ft
05/17/2020 05/17/20 Pending -- -- --
05/07/2020 05/07/20 For Sale $2,550,000 -- $790 / 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 $30,246 $2,749,600 $2,180,500 $569,100
2023 $61,426 $2,749,600 $2,180,500 $569,100
2022 $23,794 $1,125,000 $765,500 $359,500
2021 $22,793 $1,125,000 $765,500 $359,500
2020 $22,410 $1,125,000 $765,500 $359,500
2019 $22,122 $1,124,100 $765,500 $358,600
2018 $19,644 $1,032,800 $765,500 $267,300
2017 $18,455 $1,025,300 $765,500 $259,800
2016 $17,984 $1,025,300 $765,500 $259,800
2015 $17,307 $1,025,300 $765,500 $259,800
2013 $16,692 $1,025,300 $765,500 $259,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1451549

Maine Listings

APN: CAPE-005036U