K
Seller's Agent in 2024
Kristina Keaney
Legacy Properties Sotheby's International Realty
(207) 756-0475
28 in this area
67 Total Sales
24 Folly Cove Rd Yarmouth, ME 04096
4
Beds
3
Baths
3,600
Sq Ft
1.7
Acres
Highlights
- Deeded Waterfront Access Rights
- Ocean Front
- Public Beach
- William H. Rowe School Rated A-
- Docks
- Country Club
About This Home
As of January 2024New Construction, green, energy efficient home, on 1.7 acres with direct deeded ROW to water. Contemporary style with natural finsihes, no VOC finishes throughout, Low eCoatings, Triple Pane Windows, Double Insulation in Walls and Roof, Caulking of Joints to Achieve Highly Airtight Home. Loft-Like First Floor, with Open Custom Cook's Kitchen, and Large Butcher Block Island, Open Dining and Living Area, Walk Out to Wrap Around Deck, 4-5 Bedrooms, 3 Bathrooms with 2 having Radiant Heated Floors, Water Views Balcony, Steps to Ocean, With Deeded Direct Water Access from Back yard, Over 1+ Acre Easement on Cove. Ideal for Kyaks and Paddleboards. Multi Zone mitsubishi heat pumps with AC, Elevated Views, No Flood Insurance Necessary, Eligible for Princes Point Improvement Assocation Membership offering dock and mooring access.
Last Agent to Sell the Property
Laurie Marcello
Bean Group Listed on: 06/21/2017
Last Buyer's Agent
Chelsea Locke
RE/MAX By The Bay
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,380
Year Built
- Built in 2017 | Newly Remodeled
Lot Details
- 1.7 Acre Lot
- Ocean Front
- Property Fronts a Bay or Harbor
- Property fronts a private road
- Public Beach
- Rural Setting
- Landscaped
- Corner Lot
- Level Lot
- Open Lot
- Property is zoned 12
Parking
- 3 Car Direct Access Garage
Home Design
- Colonial Architecture
- Contemporary Architecture
- New Englander Architecture
- Farmhouse Style Home
- Concrete Foundation
- Wood Frame Construction
- Shingle Roof
- Clap Board Siding
- Shingle Siding
- Concrete Perimeter Foundation
- Clapboard
Interior Spaces
- 3,600 Sq Ft Home
- Skylights
- Double Pane Windows
- Low Emissivity Windows
- Living Room with Fireplace
- Sink in Utility Room
- Water Views
- Unfinished Basement
- Interior and Exterior Basement Entry
Kitchen
- ENERGY STAR Qualified Appliances
- Kitchen Island
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 4 Bedrooms
- En-Suite Primary Bedroom
- Walk-In Closet
- 3 Full Bathrooms
Laundry
- Laundry on main level
- Washer and Dryer Hookup
Outdoor Features
- Deeded Waterfront Access Rights
- Nearby Water Access
- Property Near A Cove
- Mooring
- Docks
- Deck
- Patio
- Shed
- Porch
Location
- Property is near a golf course
- Island Location
Utilities
- Air Conditioning
- Multiple cooling system units
- Zoned Heating
- Heat Pump System
- Radiant Heating System
- Natural Gas Not Available
- High-Efficiency Water Heater
Additional Features
- Air Exchanger
- Pasture
Listing and Financial Details
- Tax Lot 068
- Assessor Parcel Number YMTH-000024-000000-000068
Community Details
Overview
- No Home Owners Association
- Prince's Point Improvement Assn Subdivision
Amenities
- Community Storage Space
Recreation
- Country Club
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 22, 2023
Closed on
Jan 31, 2024
Sold by
Olivares Eric C
Bought by
Shipp John C and Cowell Rebecca L
Seller's Agent
Kristina Keaney
Legacy Properties Sotheby's International Realty
Buyer's Agent
Elias Leland
Coldwell Banker Realty
List Price
$2,500,000
Sold Price
$2,400,000
Premium/Discount to List
-$100,000
-4%
Views
10
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$28,323
Avg. Annual Appreciation
-3.27%
Original Mortgage
$1,680,000
Outstanding Balance
$1,655,207
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$617,472
Purchase Details
Closed on
Nov 1, 2019
Sold by
Adams Kurt W
Bought by
Olivares Eric C and Olivares Sarah A
Purchase Details
Listed on
Jun 21, 2017
Closed on
Nov 16, 2018
Sold by
Julian D Thomka Gazdik Ft and Thomka
Bought by
Olivares Eric C and Olivares Sarah A
Seller's Agent
Laurie Marcello
Bean Group
Buyer's Agent
Chelsea Locke
RE/MAX By The Bay
List Price
$1,450,000
Sold Price
$1,132,500
Premium/Discount to List
-$317,500
-21.9%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.67%
Original Mortgage
$782,750
Interest Rate
4.7%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $2,400,000 | None Available | |
| Warranty Deed | $2,400,000 | None Available | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,680,000 | Purchase Money Mortgage | |
| Closed | $1,680,000 | Purchase Money Mortgage | |
| Previous Owner | $500,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $510,400 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $782,750 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/31/2024 01/31/24 | Sold | $2,400,000 | -4.0% | $740 / Sq Ft |
| 12/28/2023 12/28/23 | Pending | -- | -- | -- |
| 11/22/2023 11/22/23 | For Sale | $2,500,000 | +120.8% | $771 / Sq Ft |
| 11/09/2018 11/09/18 | Sold | $1,132,500 | -21.9% | $315 / Sq Ft |
| 09/20/2018 09/20/18 | Pending | -- | -- | -- |
| 06/21/2017 06/21/17 | For Sale | $1,450,000 | -- | $403 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $23,758 | $925,500 | $297,200 | $628,300 |
| 2023 | $21,786 | $925,500 | $297,200 | $628,300 |
| 2022 | $20,009 | $925,500 | $297,200 | $628,300 |
| 2021 | $16,947 | $855,900 | $297,200 | $558,700 |
| 2020 | $16,776 | $855,900 | $297,200 | $558,700 |
| 2019 | $16,142 | $855,900 | $297,200 | $558,700 |
| 2018 | $15,005 | $843,000 | $297,200 | $545,800 |
| 2017 | $14,184 | $826,600 | $297,200 | $529,400 |
| 2016 | $8,380 | $491,200 | $297,200 | $194,000 |
| 2015 | $7,098 | $329,200 | $161,700 | $167,500 |
| 2014 | $7,111 | $329,200 | $161,700 | $167,500 |
| 2013 | $7,242 | $329,200 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Kristina Keaney
-
Elias Leland
Buyer's Agent in 2024
Elias Leland
Coldwell Banker Realty
(207) 233-5774
1 in this area
95 Total Sales
-
L
Seller's Agent in 2018
Laurie Marcello
Bean Group
-
C
Buyer's Agent in 2018
Chelsea Locke
RE/MAX
Map
Source: Maine Listings
MLS Number: 1313117
APN: YMTH-000024-000000-000068
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