M
Seller's Agent in 2022
Mike Drinan
Cottage & Co Real Estate
(207) 799-6828
3 in this area
16 Total Sales
28 Merrimac Place Cape Elizabeth, ME 04107
2
Beds
1.5
Baths
1,500
Sq Ft
$462/mo
HOA Fee
Highlights
- Nearby Water Access
- Country Club
- Wood Flooring
- Pond Cove Elementary School Rated A
- Living Room with Fireplace
- Subterranean Parking
About This Home
As of July 2022Nice 2 bedroom 1.5 bath Condominium in popular Hobstone Association. Private sunny patio, woodburning stove, association tennis court and walking trails. Abuts conservation land, pets allowed.
Last Buyer's Agent
Troy Wilkins
Legacy Properties Sotheby's International Realty
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,416
Year Built
- Built in 1985
Lot Details
- Property fronts a private road
- Near Conservation Area
- Cul-De-Sac
- Landscaped
- Lot Has A Rolling Slope
HOA Fees
- $462 Monthly HOA Fees
Home Design
- Slab Foundation
- Wood Frame Construction
- Shingle Roof
- Shingle Siding
Interior Spaces
- 1,500 Sq Ft Home
- Gas Fireplace
- Living Room with Fireplace
- Dining Room
- Laundry on upper level
Kitchen
- Electric Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary bedroom located on second floor
Parking
- Subterranean Parking
- Driveway
Outdoor Features
- Nearby Water Access
- Patio
Location
- Property is near a golf course
Utilities
- No Cooling
- Space Heater
- Heating System Uses Kerosene
- Heating System Uses Wood
- Baseboard Heating
- Natural Gas Not Available
- Electric Water Heater
Listing and Financial Details
- Tax Lot 228
- Assessor Parcel Number 28Merrimac Place28CapeElizU30228
Community Details
Overview
- 4 Units
- Hobstone Subdivision
Recreation
- Country Club
- Tennis Courts
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 15, 2022
Closed on
Jul 20, 2022
Sold by
Hinkle Ann M and Hyland Janet L
Bought by
Frawley Stephen M
Seller's Agent
Mike Drinan
Cottage & Co Real Estate
Buyer's Agent
Jason Bisson
Cottage & Co Real Estate
List Price
$425,000
Sold Price
$406,000
Premium/Discount to List
-$19,000
-4.47%
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
$106,814
Avg. Annual Appreciation
7.51%
Original Mortgage
$324,800
Outstanding Balance
$311,989
Interest Rate
5.23%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$193,976
Purchase Details
Listed on
Apr 26, 2013
Closed on
Oct 21, 2013
Sold by
Gorelik Ft
Bought by
Hinkle Ann M and Hyland Janet L
Seller's Agent
Frank Strout
RE/MAX Oceanside
Buyer's Agent
Troy Wilkins
Legacy Properties Sotheby's International Realty
List Price
$224,900
Sold Price
$208,500
Premium/Discount to List
-$16,400
-7.29%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.90%
Purchase Details
Closed on
Mar 3, 2010
Sold by
Russell Mark D and Russell Ellen T
Bought by
Gorelik Family T
Purchase Details
Closed on
Jan 3, 2006
Sold by
Bell Jeffrey E and Bell Patricia A
Bought by
Russell Mark D and Russell Ellen T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,315
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
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 | -- | None Available | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $324,800 | Purchase Money Mortgage | |
| Previous Owner | $111,315 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/20/2022 07/20/22 | Sold | $406,000 | -4.5% | $265 / Sq Ft |
| 06/19/2022 06/19/22 | Pending | -- | -- | -- |
| 05/16/2022 05/16/22 | For Sale | $425,000 | +103.8% | $278 / Sq Ft |
| 10/18/2013 10/18/13 | Sold | $208,500 | -7.3% | $139 / Sq Ft |
| 10/08/2013 10/08/13 | Pending | -- | -- | -- |
| 05/03/2013 05/03/13 | For Sale | $224,900 | -- | $150 / 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 | $4,166 | $378,700 | $100,000 | $278,700 |
| 2023 | $8,460 | $378,700 | $100,000 | $278,700 |
| 2022 | $4,759 | $225,000 | $70,000 | $155,000 |
| 2021 | $4,559 | $225,000 | $70,000 | $155,000 |
| 2020 | $4,482 | $225,000 | $70,000 | $155,000 |
| 2019 | $4,428 | $225,000 | $70,000 | $155,000 |
| 2018 | $4,280 | $225,000 | $70,000 | $155,000 |
| 2017 | $4,050 | $225,000 | $70,000 | $155,000 |
| 2016 | $3,947 | $225,000 | $70,000 | $155,000 |
| 2015 | $3,798 | $225,000 | $70,000 | $155,000 |
| 2013 | $3,663 | $225,000 | $70,000 | $155,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
K
Seller Co-Listing Agent in 2022
Kimberly Myers
Cottage & Co Real Estate
(207) 632-0354
8 in this area
74 Total Sales
-
Buyer's Agent in 2022
Jason Bisson
Cottage & Co Real Estate
(207) 653-1188
7 in this area
172 Total Sales
-
Seller's Agent in 2013
Frank Strout
RE/MAX
(207) 776-4245
18 in this area
56 Total Sales
-
T
Buyer's Agent in 2013
Troy Wilkins
Legacy Properties Sotheby's International Realty
Map
Source: Maine Listings
MLS Number: 1090271
APN: CAPE-030228U
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