$800,000
SOLD SEP 17, 2024

27 Oak Terrace Kittery, ME 03904

3 Beds
2 Baths
2,000 Sq Ft
0.25 Acres

Recently Sold

$400 Per Sq Ft

20% Below List Price

27 Days on Market

Highlights

  • 80 Feet of Waterfront
  • Docks
  • Spa
  • Horace Mitchell Primary School Rated A-
  • Access to Tidal Water
  • Cape Cod Architecture

About This Home

As of September 2024

27 Oak Terrace is an expanded cape nestled in a trendy Kittery neighborhood on the banks of the Piscataqua River. This home offers a unique blend of tranquility and convenience, making it the perfect canvas for your coastal Maine dream home. Imagine embarking on sunset river cruises down the picturesque Piscataqua River right from your own private dock. Explore the waterways and discover all the dock front restaurants along the river in Portsmouth or Kittery. The living areas boast high ceilings, creating an airy ambiance, while the pellet stove adds warmth and coziness. Upstairs, the second-floor primary bedroom features a charming waterside Juliet balcony—ideal for savoring morning coffee or stargazing. Whether you're entertaining guests on the spacious rear deck or simply enjoying quiet moments indoors, the mesmerizing water views will be your constant companion. Need a dedicated workspace? There's room for an in-home office. If you're a boating enthusiast, this location is a true gem. Take advantage of this incredible opportunity to transform the existing spaces into your coastal retreat.

Last Agent to Sell the Property

Anne Erwin Real Estate

Anne Erwin Sotheby's International Realty Brokerage Phone: 207-363-6640 Listed on: 04/17/2024

Last Buyer's Agent

Anne Erwin Real Estate

Anne Erwin Sotheby's International Realty Brokerage Phone: 207-363-6640 Listed on: 04/17/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,835

Year Built

  • Built in 1930

Lot Details

  • 0.25 Acre Lot
  • 80 Feet of Waterfront
  • Ocean Front
  • River Front
  • Open Lot
  • Lot Has A Rolling Slope
  • Property is zoned SR

Parking

  • 1 Car Direct Access Garage
  • Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Cape Cod Architecture
  • Wood Frame Construction
  • Composition Roof
  • Shingle Siding

Interior Spaces

  • 2,000 Sq Ft Home
  • 1 Fireplace
  • Mud Room
  • Living Room
  • Dining Room
  • Home Office

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Stove
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Spa
  • Access to Tidal Water
  • Deep Water Access
  • Docks
  • Deck
  • Patio

Location

  • Property is near shops
  • Property is near a golf course

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Pellet Stove burns compressed wood to generate heat
  • Natural Gas Not Available
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number KITT-000002-000000-000005

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,835

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.25
  • Road Surface Type: Paved
  • Water Body Name: Piscataqua River
  • MLS Status: Closed
  • Directions: GPS Friendly
  • Above Grade Finished Sq Ft: 2000.0
  • Architectural Style: Cape
  • Garage Yn: Yes
  • Year Built: 1930
  • Attribution Contact: 207-363-6640
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.25
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2000.0
  • Property Information:Garage: Yes
  • Site:Open: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Property Information:Garage Spaces: 1.0
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Vehicle Storage:_one_ Car: Yes
  • Basement:Unfinished: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Living Room:Living Room: Yes
  • Room Features:Eat-in Kitchen2: Yes
  • Gas:No Gas: Yes
  • Roof:Composition2: Yes
  • Mud Room:Mud Room: Yes
  • Office:Office: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Oceanfront: Yes
  • Water Info:Waterfront Amount -: 80.0
  • Water Info:Water Frontage Owned -: 80.0
  • Recreational Water:Waterfront Deep: Yes
  • Dining Room Amenities:Dining Area: Yes
  • Room Features:Dining Area2: Yes
  • Site:RollingSloping: Yes
  • Property Information:Bank Owned REO: No
  • Property Information:_two_ Detached Houses on 1 Lot: No
  • Equipment:Cable: Yes
  • Room Features:Heat Stove29: Yes
  • View:Scenic: Yes
  • Recreational Water:Waterfront Tidal: Yes
  • Recreational Water:Dock: Yes
  • Living Room Amenities:Heat Stove5: Yes
  • Heat Fuel:Pellets: Yes
  • Driveway:Concrete3: Yes
  • Amenities:Hot Tub: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: VirtualTour

Interior Features

  • Private Spa: Yes
  • Appliances: Washer, Refrigerator, Electric Range, Dryer, Disposal, Dishwasher
  • Has Basement: Full, Interior Entry, Walk-Out Access, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Primary Bedroom w/Bath
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • 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

Exterior Features

  • Lot Features: Open Lot, Rolling Slope, Near Golf Course, Near Shopping, Neighborhood, Shopping Mall
  • View: Scenic
  • Waterfront Features: River
  • Waterfront: Yes
  • Construction Type: Shingle Siding, Wood Frame
  • Patio And Porch Features: Deck, Patio
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: 1 - 4 Spaces, Concrete, Inside Entrance

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10890.0
  • Parcel #: KITT-000002-000000-000005
  • Zoning: SR

Tax Info

  • Tax Annual Amount: 6835.0
  • Tax Book Number: 19259
  • Tax Lot: 5
  • Tax Map Number: 2
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2024
Closed on
Sep 17, 2024
Sold by
Oconnor David A and Oconnor Jennifer A
Bought by
Oak Terrace Llc
Seller's Agent
Anne Erwin Real Estate
Anne Erwin Sotheby's International Realty
Buyer's Agent
Anne Erwin Real Estate
Anne Erwin Sotheby's International Realty
List Price
$999,000
Sold Price
$800,000
Premium/Discount to List
-$199,000
-19.92%
Views
121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.26%
Original Mortgage
$820,000
Outstanding Balance
$815,466
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$30,051

Purchase Details

Closed on
Jun 16, 2023
Sold by
Oconnor David A
Bought by
Oconnor David A and Oconnor Jennifer A
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 Type Sale Price Title Company
Warranty Deed $1,025,000 None Available
Warranty Deed $1,025,000 None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $820,000 Purchase Money Mortgage
Closed $820,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2025 04/24/25 For Sale $849,900 +6.2% $425 / Sq Ft
09/17/2024 09/17/24 Sold $800,000 -5.9% $400 / Sq Ft
05/15/2024 05/15/24 Pending -- -- --
05/08/2024 05/08/24 Price Changed $850,000 -14.9% $425 / Sq Ft
04/17/2024 04/17/24 For Sale $999,000 -- $500 / 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 $7,131 $502,200 $284,000 $218,200
2023 $6,835 $502,200 $284,000 $218,200
2022 $6,770 $502,200 $284,000 $218,200
2021 $6,529 $502,200 $284,000 $218,200
2020 $6,478 $502,200 $284,000 $218,200
2019 $6,156 $353,800 $179,000 $174,800
2018 $5,142 $342,000 $179,000 $163,000
2017 $3,799 $342,000 $179,000 $163,000
2016 $5,489 $342,000 $179,000 $163,000
2015 $5,359 $342,000 $179,000 $163,000
2014 $5,308 $342,000 $179,000 $163,000
2013 $5,205 $342,000 $179,000 $163,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1586578

Maine Listings

APN: KITT-000002-000000-000005