NOT LISTED FOR SALE

Estimated Value: $2,790,000 - $4,315,856

5 Beds
4 Baths
5,164 Sq Ft
$718/Sq Ft Est. Value

Last Sold February 15, 2018

Last sale price $2,600,000 $503 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $24,020/month

184 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 312 Feet of Waterfront
  • In Ground Pool
  • Mabel I. Wilson School Rated A-
  • Docks
  • Deck

About This Home

As of February 2018

Located just 15 min. from downtown Portland, this 5 bedroom, 4 bath, open concept contemporary is thoughtfully designed to incorporate exceptional water views from every room. Inviting entertainment spaces on all levels including a covered patio w/ gas fireplace that flows into another terrace which leads to an in-ground pool with pool bar. Boasting 312' of oceanfront, accessible from a large private dock featuring a beautiful boathouse equipped with a kitchenette.

Last Agent to Sell the Property

Liam McCoy

Legacy Properties Sotheby's International Realty Listed on: 06/27/2017

Last Buyer's Agent

Chris Lavoie

American Dream Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,176

Year Built

  • Built in 2015

Lot Details

  • 1.53 Acre Lot
  • 312 Feet of Waterfront
  • Ocean Front
  • Landscaped
  • Open Lot
  • Irrigation
  • Property is zoned Low density Res

HOA Fees

  • $6 Monthly HOA Fees

Property Views

  • Water
  • Scenic Vista

Home Design

  • Contemporary Architecture
  • Concrete Foundation
  • Steel Frame
  • Wood Frame Construction
  • Membrane Roofing
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3 Fireplaces
  • Gas Fireplace
  • Mud Room
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Home Security System
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Bedroom Suite
  • 4 Full Bathrooms

Finished Basement

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

Parking

  • Direct Access Garage
  • Driveway

Outdoor Features

  • In Ground Pool
  • Deeded Waterfront Access Rights
  • Access to Tidal Water
  • Docks
  • Deck
  • Patio
  • Shed

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Propane
  • Gas Water Heater
  • Water Heated On Demand
  • Internet Available
  • Cable TV Available

Community Details

  • Schooner Rocks Subdivision

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 25LedgeRdCumberland04110

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,176

Year Built

Built in 2015

Lot Details

0

HOA Fees

$6 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.53
  • Road Surface Type: Paved
  • Water Body Name: Atlantic
  • MLS Status: Closed
  • Subdivision Name: Schooner Rocks
  • Directions: Route 88 North, turn right onto Teal Drive, left onto Ledge Road at stop sign, #25 is on the right.
  • Above Grade Finished Sq Ft: 3775.0
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Year Built: 2015
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 503.49
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.53
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 3775.0
  • Property Information:SqFt Finished Below Grade: 1389.0
  • Property Information:Garage: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: 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
  • Heat System:Forced Air: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Microwave: Yes
  • Heat Fuel:Propane: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Water Heater:Gas: Yes
  • Water Heater:On Demand: Yes
  • Amenities:Pool-In Ground: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Amenities:Security System: Yes
  • Location Information:Association Fee: 6.0
  • Location Information:Fee Frequency Paid: Monthly
  • Foundation Materials:Poured Concrete: Yes
  • Cooling:Central Air: Yes
  • Amenities:Walk-in Closets: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Kitchen Amenities:Island: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Full Bath7: Yes
  • Primary Bedroom Amenities:Suite6: Yes
  • Primary Bedroom Amenities:Walk-in Closet6: Yes
  • Mud Room:Mud Room: Yes
  • Heat System:Multi-Zones: Yes
  • Parking:On Site2: Yes
  • Exterior:Wood Siding: Yes
  • Office:Office: Yes
  • Recreational Water:Oceanfront: Yes
  • Water Info:Waterfront Amount -: 312.0
  • Water Info:Water Frontage Owned -: 312.0
  • Recreational Water:Deeded: Yes
  • Dining Room Amenities:Dining Area: Yes
  • Equipment:Internet Access Available: Yes
  • Family Room:Family Room: Yes
  • Appliances Included:Gas Range: Yes
  • Property Information:Bank Owned REO: No
  • Equipment:Cable: Yes
  • View:Scenic: Yes
  • Recreational Water:Waterfront Tidal: Yes
  • Kitchen Countertop:Quartz: Yes
  • Water Heater:Tank: Yes
  • Laundry Room:Laundry Room: Yes
  • Recreational Water:Dock: Yes
  • Construction:Steel Frame: Yes
  • Roof:Membrane: Yes
  • Bedroom Amenities 2:Full Bath2: Yes
  • Living Room Amenities:Gas Fireplace5: Yes
  • Bedroom Amenities 3:Full Bath3: Yes
  • Amenities:Irrigation System: Yes
  • Primary Bedroom Amenities:Gas Fireplace4: Yes
  • Other Structures:Shed: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 3
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Microwave, Gas Range, Disposal, Dishwasher
  • Has Basement: Walk-Out Access, Daylight, Finished, Full, Interior Entry
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1389.0
  • Fireplaces: 3
  • Fireplace: Yes
  • Interior Amenities: Walk-in Closets, 1st Floor Bedroom, Primary Bedroom w/Bath
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Bedroom 4 Level: Basement
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: Second
  • Bedroom 1:Bedroom 1 Level: First
  • Laundry Room Laundry Room Level: Second

Exterior Features

  • Lot Features: Open Lot, Landscaped, Neighborhood, Irrigation System
  • Pool Features: In Ground
  • View: Scenic
  • Waterfront Features: Ocean
  • Waterfront: Yes
  • Construction Type: Wood Siding, Steel Frame, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck, Patio
  • Roof: Membrane
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: 5 - 10 Spaces, Paved, On Site, Inside Entrance

Utilities

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

Condo/Co-op/Association

  • Association Fee: 6.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 66646.8
  • Parcel #: 25LedgeRdCumberland04110
  • Zoning: Low density Res

Tax Info

  • Tax Annual Amount: 30176.0
  • Tax Lot: 18
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2017
Closed on
Feb 15, 2018
Sold by
Peter R Bouchard Ret
Bought by
Powers Ann K and Giunta Richard F
Seller's Agent
Liam McCoy
Legacy Properties Sotheby's International Realty
Buyer's Agent
Chris Lavoie
American Dream Realty
List Price
$3,100,000
Sold Price
$2,600,000
Premium/Discount to List
-$500,000
-16.13%
Current Estimated Value
$3,705,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,105,285
Avg. Annual Appreciation
4.59%
Original Mortgage
$1,950,000
Outstanding Balance
$1,642,154
Interest Rate
3.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,063,131

Purchase Details

Closed on
Nov 16, 2017
Sold by
Bouchard Peter R
Bought by
Peter R Bouchard Ret

Purchase Details

Listed on
Apr 26, 2014
Closed on
Apr 23, 2014
Sold by
Mecap Llc
Bought by
Bouchard Peter R
Seller's Agent
David Jones
Bean Group
Buyer's Agent
David Jones
Bean Group
List Price
$1,100,000
Sold Price
$1,100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.92%
Original Mortgage
$989,890
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Apr 26, 2014
Closed on
Apr 22, 2014
Sold by
Olsen Frank C
Bought by
Mecap Llc
Seller's Agent
David Jones
Bean Group
Buyer's Agent
David Jones
Bean Group
List Price
$1,100,000
Sold Price
$1,100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$989,890
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Powers Ann K -- --
Peter R Bouchard Ret -- --
Bouchard Peter R -- --
Mecap Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Powers Ann K $1,950,000
Previous Owner Bouchard Peter R $989,890
Previous Owner Mecap Llc $960,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/15/2018 02/15/18 Sold $2,600,000 -16.1% $503 / Sq Ft
12/29/2017 12/29/17 Pending -- -- --
06/27/2017 06/27/17 For Sale $3,100,000 +181.8% $600 / Sq Ft
04/26/2014 04/26/14 For Sale $1,100,000 0.0% $226 / Sq Ft
04/22/2014 04/22/14 Sold $1,100,000 +22.2% $226 / Sq Ft View Prior Sale
04/21/2014 04/21/14 Sold $900,000 -62.4% $185 / Sq Ft View Prior Sale
04/21/2014 04/21/14 Pending -- -- --
12/30/2013 12/30/13 Pending -- -- --
02/20/2011 02/20/11 For Sale $2,395,000 -- $492 / 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
2025 $55,890 $2,219,600 $1,321,900 $897,700
2024 $51,606 $2,219,600 $1,321,900 $897,700
2023 $49,197 $2,221,100 $1,321,900 $899,200
2022 $47,087 $2,221,100 $1,321,900 $899,200
2021 $45,644 $2,221,100 $1,321,900 $899,200
2020 $45,199 $2,221,100 $1,321,900 $899,200
2019 $44,089 $2,221,100 $1,321,900 $899,200
2018 $10,855 $2,191,200 $1,321,900 $869,300
2017 $41,195 $2,191,200 $1,321,900 $869,300
2016 $30,176 $1,653,500 $1,321,900 $331,600
2015 $19,637 $1,084,900 $782,700 $302,200
2014 $18,877 $1,084,900 $782,700 $302,200
2013 $27,610 $1,624,100 $1,321,900 $302,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1314676

Maine Listings

APN: CMBL-000006A-U000000-000018