NOT LISTED FOR SALE

243 Bowery Beach Rd Cape Elizabeth, ME 04107

Estimated Value: $736,000 - $1,066,000

3 Beds
2.5 Baths
2,675 Sq Ft
$338/Sq Ft Est. Value

Last Sold October 07, 2019

Last sale price $536,000 $200 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $5,696/month

3 Days on Market

Highlights

  • Public Beach
  • Country Club
  • 1.96 Acre Lot
  • Pond Cove Elementary School Rated A
  • Scenic Views
  • Cape Cod Architecture

About This Home

As of October 2019

Built in 1989, this extremely well maintained custom Cape style home features 3 bedrooms, 2.5 baths. The upper level has a master bedroom and bath, living room, dining room, den, kitchen and laundry room. A 2 car oversized garage with an easily accessible attic provides additional storage above the garage. The lower level features 2 bedrooms, full bath, small family room, large workshop plus an additional room suitable for exercise, hobbies, or storage. Two doors provide access to the back yard.
The home is sited on 1.96 acres combining lawn, meadow, woods, a pond, and multiple gardens for growing flowers and vegetables with 17 raised beds. Wildlife abounds and there's easy access to Cape Elizabeth Land Trust trails at Runaway Farm and Pollock Brook Preserve.
The energy efficient home utilizes passive solar gain for maximum winter benefit. Solar farm share available for additional purchase.
See other property details on the attachment ''Background information on 243 Bowery Beach Road''

Last Agent to Sell the Property

Frank Strout

RE/MAX Oceanside Listed on: 08/12/2019

RE/MAX Oceanside

Last Buyer's Agent

Michael Snell

Excellence Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,379

Year Built

  • Built in 1989

Lot Details

  • 1.96 Acre Lot
  • Public Beach
  • Landscaped
  • Open Lot
  • Wooded Lot
  • Property is zoned RA

Parking

  • 2 Car Direct Access Garage
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Driveway

Property Views

  • Scenic Vista
  • Woods

Home Design

  • Cape Cod Architecture
  • Contemporary Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Shingle Siding
  • Radon Mitigation System

Interior Spaces

  • Built-In Features
  • 1 Fireplace
  • Mud Room
  • Family Room
  • Living Room
  • Den
  • Workshop

Kitchen

  • Electric Range
  • Stove
  • Microwave
  • Dishwasher
  • Formica Countertops

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

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

Finished Basement

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

Outdoor Features

  • Deck
  • Shed

Location

  • Property is near a golf course

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Baseboard Heating
  • Natural Gas Not Available
  • Private Sewer
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 008-001
  • Assessor Parcel Number CAPE-043008U-000001

Community Details

Recreation

  • Country Club

Additional Features

  • No Home Owners Association
  • Community Storage Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,379

Year Built

Built in 1989

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.96
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1675.0
  • Architectural Style: Contemporary, Cape
  • Garage Yn: Yes
  • Year Built: 1989
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Property Information:Lot Size Acres -: 1.96
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 1675.0
  • Property Information:SqFt Finished Below Grade: 1000.0
  • Property Information:Garage: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Construction:Wood Frame: Yes
  • Basement:Daylight: Yes
  • Percent Basement Finished: Yes
  • Basement:Walkout Access: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 2.0
  • Vehicle Storage:Auto Door Opener: Yes
  • Amenities:Walk-in Closets: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Full Bath7: Yes
  • Primary Bedroom Amenities:Walk-in Closet6: Yes
  • Room Features:Walk-in Closet17: Yes
  • Gas:No Gas: Yes
  • Mud Room:Mud Room: Yes
  • Heat System:Multi-Zones: Yes
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Heat Fuel:Wood2: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Family Room:Family Room: Yes
  • Kitchen Countertop:Formica: Yes
  • Equipment:Cable: Yes
  • Room Features:Heat Stove29: Yes
  • View:Scenic: Yes
  • Location:Near Country Club: Yes
  • View:Fields: Yes
  • Laundry Room:Laundry Room: Yes
  • Room Features:Built-Ins30: Yes
  • Den:Den: Yes
  • Living Room Amenities:Heat Stove5: Yes
  • Equipment:Air Radon Mitigation System: Yes
  • Bedroom 1 Amenities:Walk-in Closet: Yes
  • Living Room Amenities:Built-Ins14: Yes
  • Laundry Room Amenities:Built-Ins13: Yes
  • Family Room Amenities:Heat Stove9: Yes
  • Other Room Amenities 1:Workshop: Yes
  • Room Features:Workshop10: Yes
  • Other Structures:Shed: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher
  • Has Basement: Walk-Out Access, Daylight, Finished, Full, Interior Entry
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1000.0
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Walk-in Closets, 1st Floor Primary Bedroom w/Bath, Storage
  • Full Basement: Yes
  • Bedroom 2 Level: Basement
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First
  • Laundry Room Laundry Room Level: First

Exterior Features

  • Lot Features: Open Lot, Landscaped, Wooded, Near Golf Course, Near Public Beach
  • View: Fields, Scenic, Trees/Woods
  • Waterfront: No
  • Construction Type: Wood Siding, Shingle Siding, Wood Frame
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • 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

Utilities

  • Laundry Features: Built-Ins, Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove, Multi-Zones, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 85377.6
  • Parcel #: CAPE-043008U-000001
  • Zoning: RA

Tax Info

  • Tax Annual Amount: 6379.0
  • Tax Book Number: 9706
  • Tax Lot: 008-001
  • Tax Map Number: U43
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2019
Closed on
Oct 7, 2019
Sold by
Miles Nancy H and Miles Franklin B
Bought by
Cole Bruce and Mcgovern Lynn
Seller's Agent
Frank Strout
RE/MAX Oceanside
Buyer's Agent
Michael Snell
Excellence Realty
List Price
$495,000
Sold Price
$536,000
Premium/Discount to List
$41,000
8.28%
Total Days on Market
3
Current Estimated Value
$905,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$369,202
Avg. Annual Appreciation
11.29%
Original Mortgage
$286,000
Outstanding Balance
$254,921
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$727,076
Source: Public Records

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Range of Values:

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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
Cole Bruce -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cole Bruce $286,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2019 10/07/19 Sold $536,000 +8.3% $200 / Sq Ft
08/16/2019 08/16/19 Pending -- -- --
08/12/2019 08/12/19 For Sale $495,000 -- $185 / 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 $7,378 $670,700 $303,300 $367,400
2023 $14,983 $670,700 $303,300 $367,400
2022 $7,092 $335,300 $137,100 $198,200
2021 $6,793 $335,300 $137,100 $198,200
2020 $6,679 $335,300 $137,100 $198,200
2019 $6,599 $335,300 $137,100 $198,200
2018 $6,377 $335,300 $137,100 $198,200
2017 $6,035 $335,300 $137,100 $198,200
2016 $5,881 $335,300 $137,100 $198,200
2015 $5,660 $335,300 $137,100 $198,200
2013 $5,459 $335,300 $137,100 $198,200
Source: Public Records

Agents Affiliated with this Home

  • Frank Strout

    Seller's Agent in 2019

    Frank Strout

    RE/MAX

    (207) 776-4245

    17 in this area

    53 Total Sales

    Frank Strout
    Section Image
  • Michael Snell

    Buyer's Agent in 2019

    Michael Snell

    Excellence Realty

    (207) 712-7975

    54 Total Sales

    Michael Snell
    Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1428855

Maine Listings

APN: CAPE-043008U-000001

Maine Cumberland County Cape Elizabeth 04107

243 Bowery Beach Rd, Cape Elizabeth, ME

This home is located at 243 Bowery Beach Rd, Cape Elizabeth, ME 04107 since 12 August 2019 and is currently estimated at $905,202, approximately $338 per square foot. This property was built in 1989. 243 Bowery Beach Rd 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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