NOT LISTED FOR SALE

24 Cottage Farms Rd Cape Elizabeth, ME 04107

Estimated Value: $1,159,000 - $1,523,990

4 Beds
1.5 Baths
3,024 Sq Ft
$439/Sq Ft Est. Value

Last Sold February 18, 2021

Last sale price $875,000 $289 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $8,200/month

10 Days on Market

Highlights

  • Nearby Water Access
  • Public Beach
  • Property is near public transit
  • Pond Cove Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of February 2021

First time on the market in nearly 50 years. This classic brick Gambrel may be just the place that you are looking for, to call home. From the beautiful hardwood floors and period charm (classic woodworking, central staircase, built-ins) to the spacious yard, natural light and new furnace, you will certainly appreciate all that 24 Cottage Farms Road has to offer. Conveniently located to Secret Beach, Fort Williams and the center of town. You are also a stone's throw to Willard Beach, Scratch Bakery, Rosemont Bakery and the Cookie Jar. Homes in this Cape Elizabeth neighborhood don't last long. Property has been Pre-Inspected. Please be sure to check out our walk-through video by going to YouTube and typing in the address.

Last Agent to Sell the Property

The Marc Gup

Keller Williams Realty Listed on: 01/01/2021

Keller Williams Realty

Last Buyer's Agent

David Banks

RE/MAX By The Bay

RE/MAX By The Bay

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,819

Year Built

  • Built in 1926

Lot Details

  • 0.33 Acre Lot
  • Public Beach
  • Fenced
  • Landscaped
  • Level Lot
  • Open Lot
  • Property is zoned RC

Parking

  • 2 Car Direct Access Garage
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Gambrel Roof
  • Brick Exterior Construction
  • Concrete Foundation
  • Wood Frame Construction
  • Slate Roof
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,024 Sq Ft Home
  • Built-In Features
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Mud Room
  • Family Room
  • Living Room
  • Formal Dining Room
  • Home Office

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Stove
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Bathtub

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

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

Outdoor Features

  • Nearby Water Access
  • Deck

Location

  • Property is near public transit

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Steam
  • Internet Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Community Storage Space

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number CAPE-003014U

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,819

Year Built

Built in 1926

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.33
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Shore Road to Cottage Farms.
  • Above Grade Finished Sq Ft: 3024.0
  • Architectural Style: Gambrel
  • Garage Yn: Yes
  • Year Built: 1926
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 0.33
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 3024.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Exterior:Shingle Siding: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: 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:Fence: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 2.0
  • Vehicle Storage:Auto Door Opener: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Amenities:Walk-in Closets: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Walk-in Closet6: Yes
  • Room Features:Walk-in Closet17: Yes
  • Mud Room:Mud Room: Yes
  • Location:Near Public Beach: Yes
  • Heat System:Steam: Yes
  • Amenities:Bathtub: Yes
  • Office:Office: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Recreational Water:Nearby: Yes
  • Room Features:Wood Burning Fireplace29: Yes
  • Family Room:Family Room: Yes
  • Equipment:Cable: Yes
  • Room Features:Heat Stove29: Yes
  • Exterior:Brick: Yes
  • Laundry Room:Laundry Room: Yes
  • Office Amenities:Built-Ins16: Yes
  • Room Features:Built-Ins30: Yes
  • Style:Gambrel: Yes
  • Transportation:Public Transport Access: Yes
  • Roof:Slate: Yes
  • Kitchen Amenities:Breakfast Nook: Yes
  • Room Features:Breakfast Nook2: Yes
  • Living Room Amenities:Gas Fireplace5: Yes
  • Room Features:Gas Fireplace29: Yes
  • Living Room Amenities:Built-Ins14: Yes
  • Primary Bedroom Amenities:Built-Ins15: Yes
  • Dining Room Amenities:Formal: Yes
  • Dining Room Amenities:Built-Ins8: Yes
  • Family Room Amenities:Heat Stove9: Yes
  • Office Amenities:Wood Burning Fireplace16: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 2
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Electric Range, Dryer, Disposal, Dishwasher
  • Has Basement: Walk-Out Access, Full, Interior Entry, Unfinished
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Walk-in Closets, Bathtub, Other, Pantry, Storage
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: Second
  • Laundry Room Laundry Room Level: First

Exterior Features

  • Fencing: Fenced
  • Lot Features: Level, Open Lot, Sidewalks, Landscaped, Near Public Beach, Near Shopping, Near Town, Neighborhood, Near Public Transit
  • Waterfront: No
  • Construction Type: Shingle Siding, Brick, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Slate
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Paved, Garage Door Opener, Inside Entrance, Off Street

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Steam, 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: 14374.8
  • Parcel #: CAPE-003014U
  • Zoning: RC

Tax Info

  • Tax Annual Amount: 8819.0
  • Tax Book Number: 36017
  • Tax Lot: 14
  • Tax Map Number: U3
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2021
Closed on
Feb 16, 2021
Sold by
Me Vent 24 Cottage Farms
Bought by
Liptrot Christopher and Haskell Andrea
Seller's Agent
The Marc Gup
Keller Williams Realty
Buyer's Agent
David Banks
RE/MAX By The Bay
List Price
$850,000
Sold Price
$875,000
Premium/Discount to List
$25,000
2.94%
Total Days on Market
10
Current Estimated Value
$1,327,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$452,248
Avg. Annual Appreciation
10.24%
Original Mortgage
$548,000
Outstanding Balance
$495,298
Interest Rate
2.65%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$832,897

Purchase Details

Closed on
Sep 24, 2019
Sold by
Goodwin Michaela B and Goodwin David R
Bought by
Me Ventures 24 Cottage

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
3.5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Feb 23, 2016
Sold by
Goodwin Mary E and Goodwin David R
Bought by
Goodwin David R and Goodwin Michaela B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$457,500
Interest Rate
3.97%
Mortgage Type
Unknown
Source: Public Records

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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
Liptrot Christopher -- None Available
Liptrot Christopher -- None Available
Me Ventures 24 Cottage -- --
Goodwin David R -- --
Goodwin David R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liptrot Christopher $548,000
Closed Liptrot Christopher $548,000
Previous Owner Me Ventures 24 Cottage $460,000
Previous Owner Goodwin David R $457,500
Previous Owner Goodwin David R $227,000
Previous Owner Goodwin David R $224,000
Previous Owner Goodwin David R $40,000
Previous Owner Goodwin Mary E $85,000
Previous Owner Goodwin David R $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2021 02/18/21 Sold $875,000 +2.9% $289 / Sq Ft
01/08/2021 01/08/21 Pending -- -- --
12/28/2020 12/28/20 For Sale $850,000 -- $281 / 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 $13,867 $1,260,600 $487,700 $772,900
2023 $28,162 $1,260,600 $487,700 $772,900
2022 $9,363 $442,700 $143,600 $299,100
2021 $8,969 $442,700 $143,600 $299,100
2020 $8,819 $442,700 $143,600 $299,100
2019 $8,712 $442,700 $143,600 $299,100
2018 $8,420 $442,700 $143,600 $299,100
2017 $7,969 $442,700 $143,600 $299,100
2016 $7,765 $442,700 $143,600 $299,100
2015 $7,473 $442,700 $143,600 $299,100
2013 $7,207 $442,700 $143,600 $299,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1478748

Maine Listings

APN: CAPE-003014U