NOT LISTED FOR SALE

24 Salt Spray Ln Cape Elizabeth, ME 04107

Estimated Value: $1,724,000 - $3,246,363

4 Beds
4.5 Baths
4,318 Sq Ft
$570/Sq Ft Est. Value

Last Sold July 08, 2019

Last sale price $999,000 $231 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $15,045/month

66 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Beach Access
  • Country Club
  • Pond Cove Elementary School Rated A
  • Public Beach
  • Contemporary Architecture

About This Home

As of July 2019

Breathtaking panoramic views of the Atlantic, coupled with 100' of bold ocean frontage on Broad Cove in Cape Elizabeth make this property a must see. Currently a 4 BR / 4.5 BA contemporary style home, including a walkout basement and ocean views from almost every room. This truly elegant setting awaits your ambitious and creative touch.

Last Agent to Sell the Property

James Bump

Keller Williams Realty Listed on: 04/01/2019

Keller Williams Realty

Last Buyer's Agent

Frank Strout

RE/MAX Oceanside

RE/MAX Oceanside

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,593

Year Built

  • Built in 1975

Lot Details

  • 0.53 Acre Lot
  • 100 Feet of Waterfront
  • Ocean Front
  • Public Beach
  • Level Lot
  • Open Lot
  • Property is zoned RA

HOA Fees

  • $3 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Contemporary Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 4 Fireplaces
  • Home Security System

Kitchen

  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Outdoor Features

  • Beach Access
  • Property Near A Cove

Location

  • Property is near a golf course

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number CAPE-038019U

Community Details

Recreation

  • Country Club

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,593

Year Built

Built in 1975

Lot Details

0

HOA Fees

$3 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.53
  • Road Surface Type: Paved
  • Water Body Name: Atlantic
  • MLS Status: Closed
  • Directions: Rt 77 South toward Crescent Beach, to left on Broad Cove Road. Follow Broad Cove Rd and bear right toward water. Turn right onto Salt Spray to #24.
  • Above Grade Finished Sq Ft: 2742.0
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Year Built: 1975
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.53
  • Property Information:Total Baths: 5.0
  • Property Information:SqFt Finished Above Grade: 2742.0
  • Property Information:SqFt Finished Below Grade: 1576.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Basement:Daylight: Yes
  • Percent Basement Finished: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: 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:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Security System: Yes
  • Location Information:Association Fee: 40.0
  • Location Information:Fee Frequency Paid: Annually
  • Property Information:Garage Spaces: 2.0
  • Foundation Materials:Poured Concrete: Yes
  • Cooling:Central Air: Yes
  • Amenities:Walk-in Closets: Yes
  • Gas:No Gas: Yes
  • Heat System:Multi-Zones: Yes
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Appliances Included:Cooktop: Yes
  • Appliances Included:Wall Oven: Yes
  • Water Info:Waterfront Amount -: 100.0
  • Water Info:Water Frontage Owned -: 100.0
  • View:Scenic: Yes
  • Location:Near Country Club: Yes
  • Recreational Water:Beach Rights: Yes
  • Sewer:Quasi-Public: Yes
  • Appliances Included:Trash Compactor: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 4
  • Special Features: None

Interior Features

  • Appliances: Washer, Wall Oven, Trash Compactor, Refrigerator, Microwave, Electric Range, Dryer, Disposal, Dishwasher, Cooktop
  • Has Basement: Walk-Out Access, Daylight, Finished, Full
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1576.0
  • Fireplaces: 4
  • Fireplace: Yes
  • Interior Amenities: Walk-in Closets, 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Right of Way, Near Golf Course, Near Public Beach, Near Shopping, Near Town, Neighborhood, Subdivided
  • View: Scenic
  • Waterfront Features: Cove, Ocean
  • Waterfront: Yes
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Paved

Utilities

  • Security: Security System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Multi-Zones, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Quasi-Public, Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 40.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 23086.8
  • Parcel #: CAPE-038019U
  • Zoning: RA

Tax Info

  • Tax Annual Amount: 16593.0
  • Tax Book Number: 27924
  • Tax Lot: 19
  • Tax Map Number: U38
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2019
Closed on
Jul 5, 2019
Sold by
Grumbine Margaret M
Bought by
Mosunic Christopher J and Mosunic Cory B
Seller's Agent
James Bump
Keller Williams Realty
Buyer's Agent
Frank Strout
RE/MAX Oceanside
List Price
$999,000
Sold Price
$999,000
Current Estimated Value
$2,462,563

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,463,563
Avg. Annual Appreciation
15.91%
Original Mortgage
$949,050
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 19, 2010
Sold by
Linnell Julie A and Linnell Norman E
Bought by
Grumbine Margaret M
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
Mosunic Christopher J -- --
Grumbine Margaret M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mosunic Christopher J $200,000
Open Mosunnic Christopher J $937,100
Closed Mosunic Christopher J $949,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2019 07/08/19 Sold $999,000 0.0% $231 / Sq Ft
06/07/2019 06/07/19 Pending -- -- --
04/01/2019 04/01/19 For Sale $999,000 -- $231 / 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 $23,674 $2,152,200 $1,457,100 $695,100
2023 $59,371 $2,657,600 $2,017,500 $640,100
2022 $18,451 $872,400 $726,800 $145,600
2021 $17,675 $872,400 $726,800 $145,600
2020 $17,378 $872,400 $726,800 $145,600
2019 $17,169 $872,400 $726,800 $145,600
2018 $16,593 $872,400 $726,800 $145,600
2017 $15,703 $872,400 $726,800 $145,600
2016 $15,302 $872,400 $726,800 $145,600
2015 $14,726 $872,400 $726,800 $145,600
2013 $14,203 $872,400 $726,800 $145,600
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    James Bump

    Keller Williams Realty

    Section Image
  • Frank Strout

    Buyer's Agent in 2019

    Frank Strout

    RE/MAX

    (207) 776-4245

    18 in this area

    56 Total Sales

    Section Image
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Map

Source: Maine Listings

MLS Number: 1408563

Maine Listings

APN: CAPE-038019U

Maine Cumberland County Cape Elizabeth 04107

24 Salt Spray Ln, Cape Elizabeth, ME

This home is located at 24 Salt Spray Ln, Cape Elizabeth, ME 04107 since 01 April 2019 and is currently estimated at $2,462,091, approximately $570 per square foot. This property was built in 1975. 24 Salt Spray Ln is a home located in Cumberland County with nearby schools including Pond Cove Elementary School, Cape Elizabeth Middle School, and Cape Elizabeth High School.

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