NOT LISTED FOR SALE

228 Ocean Ave Kennebunkport, ME 04046

Estimated Value: $4,423,000 - $5,845,595

5 Beds
6 Baths
4,529 Sq Ft
$1,138/Sq Ft Est. Value

Last Sold December 20, 2019

Last sale price $2,700,000 $596 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $29,033/month

97 Days on Market

Highlights

  • Ocean Front
  • Nearby Water Access
  • Country Club
  • Kennebunk High School Rated 9+
  • Public Beach
  • Deck

About This Home

As of December 2019

Enjoy magnificent, panoramic ocean views from every room throughout this extraordinary home. Meticulously cared for and beautifully appointed, the spacious and tastefully designed floor plan offers bright open spaces, perfect for intimate gatherings or family events. 5 Brms, 6 Full baths, stunning living room and family room each with fireplace, fabulous kitchen 2 first floor bedroom suites plus a large Gazebo room with vaulted ceiling. The second floor features a stellar Master Suite plus 2 additional Brms w/baths. The amazing Carriage House includes a 3 bay garage and spacious second floor awaiting your finishing touch. A 'One Of A Kind' Maine Coast home.

Last Agent to Sell the Property

Laura Ross

Kennebunk Beach Realty Listed on: 10/28/2019

Last Buyer's Agent

Susan Hill

GRB Maritime Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,150

Year Built

  • Built in 1960

Lot Details

  • 1.27 Acre Lot
  • Ocean Front
  • Public Beach
  • Landscaped
  • Open Lot
  • Lot Has A Rolling Slope
  • Irrigation
  • Property is zoned Coastal Residential

Parking

  • 3 Car Detached Garage
  • Parking Storage or Cabinetry
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Fiberglass Roof
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,529 Sq Ft Home
  • Multi-Level Property
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Bonus Room
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Bedroom Suite
  • 6 Full Bathrooms
  • Bathtub
  • Shower Only
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level

Unfinished Basement

  • Interior and Exterior Basement Entry
  • Crawl Space

Outdoor Features

  • Nearby Water Access
  • Deep Water Access
  • Deck
  • Patio
  • Outbuilding
  • Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Propane
  • Baseboard Heating
  • Hot Water Heating System
  • Power Generator
  • Private Sewer
  • Cable TV Available

Additional Features

  • Level Entry For Accessibility
  • Property is near a golf course

Listing and Financial Details

  • Legal Lot and Block 3 / 13
  • Assessor Parcel Number KENP-000007-000013-000003

Community Details

Overview

  • No Home Owners Association

Recreation

  • Country Club

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,150

Year Built

Built in 1960

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.27
  • Road Surface Type: Paved
  • Water Body Name: Atlantic Ocean
  • MLS Status: Closed
  • Directions: In Kennebunkport follow Ocean Avenue. Property is opposite the Bush Compound
  • Above Grade Finished Sq Ft: 4529.0
  • Architectural Style: Multi-Level, Shingle Style
  • Garage Yn: Yes
  • Efficiency: Double Pane Windows
  • Year Built: 1960
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.27
  • Property Information:Total Baths: 6.0
  • Property Information:SqFt Finished Above Grade: 4529.0
  • Property Information:Garage: 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:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Propane: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Amenities:Security System: Yes
  • Property Information:Garage Spaces: 3.0
  • Amenities:_one_st Floor Bedroom: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Cooling:Central Air: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Amenities:Walk-in Closets: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Kitchen Amenities:Island: Yes
  • Living Room:Living Room: Yes
  • Room Features:Eat-in Kitchen2: Yes
  • Room Features:Island2: Yes
  • Room Features:Suite17: Yes
  • Room Features:Walk-in Closet17: Yes
  • Foundation Materials:Stone: Yes
  • Heat System:Multi-Zones: Yes
  • Style:Multi-Level: Yes
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Bonus Room:Bonus Room: Yes
  • Basement:Crawl Space: Yes
  • Bedroom 1 Amenities:Full Bath: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:_one_st Floor Primary Bedroom wBath: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Recreational Water:Nearby: Yes
  • Living Room Amenities:Wood Burning Fireplace14: Yes
  • Room Features:Wood Burning Fireplace29: Yes
  • Recreational Water:Waterfront Deep: Yes
  • Site:RollingSloping: Yes
  • Family Room:Family Room: Yes
  • Equipment:Cable: Yes
  • Energy Efficiency:Ceiling Fans: Yes
  • Vehicle Storage:Storage Above: Yes
  • Room Features:Cathedral Ceiling29: Yes
  • View:Scenic: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Location:Near Country Club: Yes
  • Equipment:Generator: Yes
  • Accessibilitiy Amenities:Level Entry: Yes
  • Laundry Room:Laundry Room: Yes
  • Room Features:Built-Ins30: Yes
  • Transportation:Deep Water Access: Yes
  • Washer/Dryer Other Location: Yes
  • Foundation Materials:Granite2: Yes
  • Room Features:Vaulted Ceiling29: Yes
  • Basement Entry:Exterior Only: Yes
  • Vehicle Storage:_three_ Car: Yes
  • Bedroom Amenities 2:Full Bath2: Yes
  • Bedroom Amenities 2:Walk-in Closet2: Yes
  • Style:Shingle Style: Yes
  • Roof:Fiberglass: Yes
  • Family Room Amenities:Wood Burning Fireplace10: Yes
  • Kitchen Amenities:Breakfast Nook: Yes
  • Room Features:Breakfast Nook2: Yes
  • Room Features:Separate Shower17: Yes
  • Bedroom Amenities 3:Walk-in Closet3: Yes
  • Bedroom Amenities 3:Full Bath3: Yes
  • Family Room Amenities:Built-Ins10: Yes
  • Bedroom Amenities 2:Suite2: Yes
  • Amenities:Irrigation System: Yes
  • Living Room Amenities:Formal2: Yes
  • Family Room Amenities:Vaulted Ceiling10: Yes
  • Bedroom Amenities 5:Full Bath5: Yes
  • Bedroom Amenities 2:Built-Ins4: Yes
  • Bedroom 1 Amenities:Suite: Yes
  • Bonus Room Amenities:Cathedral Ceiling13: Yes
  • Bedroom Amenities 2:Separate Shower2: Yes
  • Bedroom Amenities 5:Suite5: Yes
  • Other Structures:Out Building: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 2
  • Special Features: None

Interior Features

  • Accessibility Features: Level Entry
  • Has Basement: Crawl Space, Interior Entry, Exterior Only, Unfinished
  • Full Bathrooms: 6
  • Total Bedrooms: 5
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Walk-in Closets, 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, Bathtub, Other, Pantry, Shower, Primary Bedroom w/Bath
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Bedroom 4 Level: Second
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First
  • Laundry Room Laundry Room Level: Second
  • Bedroom 5:Bedroom 5 Level: First

Exterior Features

  • Lot Features: Open Lot, Rolling Slope, Landscaped, Near Golf Course, Near Public Beach, Near Shopping, Other, Irrigation System
  • View: Scenic
  • Waterfront Features: Ocean
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Stone, Granite, Other, Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Patio, Porch
  • Roof: Fiberglass, Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: 5 - 10 Spaces, Paved, Garage Door Opener, Detached, Storage

Utilities

  • Laundry Features: Laundry - 1st Floor, Upper Level, Main Level
  • Security: Security System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Multi-Zones, Hot Water, Forced Air, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 55321.2
  • Parcel #: KENP-000007-000013-000003
  • Zoning: Coastal Residential

Tax Info

  • Tax Annual Amount: 20150.0
  • Tax Block: 13
  • Tax Book Number: 15299
  • Tax Lot: 3
  • Tax Map Number: 7
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2019
Closed on
Dec 20, 2019
Sold by
Gatto Carl V
Bought by
Odonnell John and Ferreiro Roxana
Seller's Agent
Laura Ross
Kennebunk Beach Realty
Buyer's Agent
Susan Hill
GRB Maritime Realty LLC
List Price
$3,800,000
Sold Price
$2,700,000
Premium/Discount to List
-$1,100,000
-28.95%
Current Estimated Value
$5,154,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,454,198
Avg. Annual Appreciation
11.75%
Original Mortgage
$2,800,000
Outstanding Balance
$2,468,603
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,685,595

Purchase Details

Closed on
Nov 14, 2007
Sold by
Gatto Carl V and Jordan Thomas G
Bought by
Jordan Thomas G
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
Odonnell John -- None Available
Jordan Thomas G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Odonnell John $2,800,000
Previous Owner Jordan Thomas G $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2019 12/20/19 Sold $2,700,000 -28.9% $596 / Sq Ft
10/21/2019 10/21/19 Pending -- -- --
07/15/2019 07/15/19 For Sale $3,800,000 -- $839 / 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 $20,478 $3,150,400 $2,230,600 $919,800
2023 $19,690 $3,150,400 $2,230,600 $919,800
2022 $18,878 $3,146,300 $2,230,600 $915,700
2021 $22,081 $2,300,100 $1,388,800 $911,300
2020 $22,972 $2,430,900 $1,388,800 $1,042,100
2019 $21,737 $2,300,200 $1,388,800 $911,400
2018 $17,635 $2,300,200 $1,388,800 $911,400
2017 $20,012 $2,300,200 $1,388,800 $911,400
2016 $19,046 $2,300,200 $1,388,800 $911,400
2015 $17,635 $2,300,200 $1,388,800 $911,400
2014 $17,551 $2,300,200 $1,388,800 $911,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1424760

Maine Listings

APN: KENP-000007-000013-000003