Seller's Agent in 2025
Rebecca Bassett
Portside Real Estate Group
(207) 251-1995
8 in this area
156 Total Sales
240 River Rd Arundel, ME 04046
3
Beds
1
Bath
1,434
Sq Ft
1.13
Acres
Highlights
- Nearby Water Access
- Public Beach
- Cape Cod Architecture
- Kennebunk High School Rated 9+
- View of Trees or Woods
- Wood Flooring
About This Home
As of February 2025Discover the possibilities with this classic Cape Cod-style home, perfectly situated in a wonderful area. This 3-bedroom, 1-bath home is bursting with character and awaits your vision to bring it back to life.
The main floor includes a cozy living room with a fireplace and pellet stove, and while the kitchen and bathroom need full remodels, they offer the perfect opportunity to create modern, stylish spaces tailored to your taste. The upstairs bedrooms feature subflooring, ready for your choice of flooring to add a fresh, personal touch.
This home features original hardwood floors that, with a little restoration, can be brought back to their former glory, adding timeless appeal to every room. The home is filled with charming details just waiting to be uncovered and revitalized.
Please note that the previous owner was a smoker, so the home will require some remediation. However, with a bit of effort, you can transform this house into a beautiful and welcoming space.
Outside, the property boasts a spacious yard with mature trees, offering a serene setting for outdoor gatherings or gardening. The detached garage provides extra storage or could be transformed into a workshop.
This home is offered as-is and is ideal for those looking for a project with great rewards. Whether you're a first-time buyer ready to make your mark or an investor seeking a promising opportunity, this Cape Cod is calling your name. Seller welcomes concessions to buyer as part of the offer.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,543
Year Built
- Built in 1983
Lot Details
- 1.13 Acre Lot
- Public Beach
- Level Lot
- Property is zoned R-4
Parking
- 1 Car Detached Garage
- Gravel Driveway
Home Design
- Cape Cod Architecture
- Block Foundation
- Wood Frame Construction
- Composition Roof
- Vinyl Siding
Interior Spaces
- 1,434 Sq Ft Home
- 1 Fireplace
- Living Room
- Dining Room
- Wood Flooring
- Views of Woods
Kitchen
- Dishwasher
- Formica Countertops
Bedrooms and Bathrooms
- 3 Bedrooms
- Main Floor Bedroom
- Primary bedroom located on second floor
- 1 Full Bathroom
Unfinished Basement
- Interior and Exterior Basement Entry
- Crawl Space
Outdoor Features
- Nearby Water Access
- Porch
Location
- Property is near golf course
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Oil
- Natural Gas Not Available
- Electric Water Heater
- Septic System
- Private Sewer
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 4
- Assessor Parcel Number ARUN-000040-000000-000004
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 16, 2024
Closed on
Feb 7, 2025
Sold by
Jjwz Llc
Bought by
Sharkey Justin M and Perez-Sharkey Stephanie N
Seller's Agent
Rebecca Bassett
Portside Real Estate Group
Buyer's Agent
Denise Hodsdon
Kennebunk Beach Realty
List Price
$475,000
Sold Price
$390,000
Premium/Discount to List
-$85,000
-17.89%
Views
273
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
$75,369
Avg. Annual Appreciation
21.69%
Original Mortgage
$493,418
Outstanding Balance
$489,685
Interest Rate
6.99%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
-$24,316
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 | $390,000 | None Available | |
| Warranty Deed | $390,000 | None Available | |
| Warranty Deed | $390,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $493,418 | Adjustable Rate Mortgage/ARM | |
| Closed | $493,418 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/10/2025 02/10/25 | Sold | $390,000 | -8.2% | $272 / Sq Ft |
| 01/14/2025 01/14/25 | Pending | -- | -- | -- |
| 09/13/2024 09/13/24 | Price Changed | $425,000 | -10.5% | $296 / Sq Ft |
| 08/16/2024 08/16/24 | For Sale | $475,000 | -- | $331 / 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 | $3,543 | $208,400 | $58,700 | $149,700 |
| 2023 | $3,543 | $208,400 | $58,700 | $149,700 |
| 2022 | $3,522 | $208,400 | $58,700 | $149,700 |
| 2021 | $3,006 | $204,500 | $58,700 | $145,800 |
| 2020 | $2,965 | $204,500 | $58,700 | $145,800 |
| 2019 | $3,333 | $204,500 | $58,700 | $145,800 |
| 2018 | $3,256 | $204,500 | $58,700 | $145,800 |
| 2017 | $2,675 | $204,500 | $58,700 | $145,800 |
| 2016 | $3,092 | $204,500 | $58,700 | $145,800 |
| 2015 | $3,057 | $204,500 | $58,700 | $145,800 |
| 2014 | $2,965 | $204,500 | $58,700 | $145,800 |
| 2013 | $2,965 | $204,500 | $58,700 | $145,800 |
Source: Public Records
Agents Affiliated with this Home
-
Rebecca Bassett
-
Grainne Archer
G
Seller Co-Listing Agent in 2025
Grainne Archer
Portside Real Estate Group
(207) 204-0465
8 in this area
146 Total Sales
-
Denise Hodsdon
Buyer's Agent in 2025
Denise Hodsdon
Kennebunk Beach Realty
(207) 251-4315
10 in this area
54 Total Sales
-
Melanie Saccuzzo
Buyer Co-Listing Agent in 2025
Melanie Saccuzzo
Kennebunk Beach Realty
(207) 229-0693
6 in this area
33 Total Sales
Map
Source: Maine Listings
MLS Number: 1600624
APN: ARUN-000040-000000-000004
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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