NOT LISTED FOR SALE

3 Colony Ln Arundel, ME 04046

Estimated Value: $572,407 - $646,000

2 Beds
2 Baths
1,732 Sq Ft
$485/mo HOA Fee

Last Sold August 30, 2024

Last sale price $565,000 $326 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $4,945/month

24 Days on Market

Highlights

  • In Ground Pool
  • Scenic Views
  • Clubhouse
  • Kennebunk High School Rated 9+
  • 300 Acre Lot
  • Main Floor Bedroom

About This Home

As of August 2024

Discover the epitome of resort-style living in this exquisite, like-new home! Among the finest in the entire community, this gem boasts high ceilings, two spacious bedrooms, and a versatile home office/flex room. The chef's dream kitchen features a large island, quartz counters, a gas stove, a wine fridge, a Bosch dishwasher, a tile backsplash, and under-cabinet lighting. Soft-close cabinets with built-in pull-out drawers add a touch of luxury.

The expansive living room and formal dining room are perfect for entertaining. Enjoy the convenience of a stackable washer and dryer in the laundry area. Upstairs, the primary suite offers a private deck for morning coffee, an en-suite bathroom, a guest room with double closets, and a hall linen closet.

The beautifully landscaped yard with irrigation includes an oversized, 2-tiered patio, ideal for outdoor gatherings. It's incredibly private, plumbed for a gas grill, and located at the end of the street, providing serene views of the woods and natural landscape. A 12x12 shed with electricity adds extra storage or workspace. Exterior maintenance is covered by the HOA, and the durable Hardy siding ensures longevity. Stay cool with 2-zone central AC and bedroom ceiling fans, and enjoy endless hot water with the tankless system.

From April 1 to December 31, indulge in the community's resort-like amenities: a 6,000 square foot clubhouse with a gym, game room, fitness center, and library, plus two heated pools. Explore the Eastern Trail's scenic paths, connecting historic Maine towns to South Portland's harbor lighthouse. Perfect as a personal retreat or a lucrative investment (weekly rentals allowed), this property is a smart buy! Sold furnished, including outdoor patio furniture, it's move-in ready. Experience the coastal Maine lifestyle with golf, restaurants, shopping, beaches, and more right at your fingertips. This unit would cost over $600k today! We will cover a year's worth of HOA dues with acceptable offer!

Last Agent to Sell the Property

Travis Billingham

Compass Real Estate Listed on: 07/22/2024

Compass Real Estate

Last Buyer's Agent

No Appraisal

Non MREIS Agency

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,559

Year Built

  • Built in 2019

Lot Details

  • Near Conservation Area
  • Cul-De-Sac
  • Seasonal Access to Property
  • Landscaped
  • Sprinkler System

HOA Fees

  • $485 Monthly HOA Fees

Property Views

  • Scenic Vista
  • Woods

Home Design

  • Cottage
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,732 Sq Ft Home
  • Furnished
  • 1 Fireplace
  • Double Pane Windows
  • Living Room
  • Dining Room
  • Home Office
  • Laundry on main level

Kitchen

  • Gas Range
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Bathtub
  • Shower Only

Home Security

Parking

  • Gravel Driveway
  • On-Site Parking
  • Off-Street Parking
  • Reserved Parking

Outdoor Features

  • In Ground Pool
  • Patio
  • Shed

Location

  • Property is near a golf course

Utilities

  • Multiple cooling system units
  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Heating System Uses Propane
  • Tankless Water Heater
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 13-103
  • Assessor Parcel Number ARUN-000015-000000-000013-000103

Community Details

Overview

  • Cape Arundel Cottage Preserve Subdivision
  • The community has rules related to deed restrictions

Amenities

  • Clubhouse
  • Community Storage Space

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,559

Year Built

Built in 2019

Lot Details

0

HOA Fees

$485 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 300.0
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: Cape Arundel Cottage Preserve
  • Above Grade Finished Sq Ft: 1732.0
  • Architectural Style: Cottage
  • Garage Yn: No
  • Efficiency: Tankless Water Heater, Double Pane Windows
  • Year Built: 2019
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Property Information:Seasonal: Yes
  • Property Information:Lot Size Acres -: 300.0
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1732.0
  • Property Information:Garage: No
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Appliances Included:Dishwasher: Yes
  • Heat Fuel:Propane: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Amenities:Pool-In Ground: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Amenities:Storage: Yes
  • Location Information:Association Fee: 485.0
  • Location Information:Fee Frequency Paid: Monthly
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Units in Building: 1
  • Amenities:_one_st Floor Bedroom: Yes
  • Amenities:Shower: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Cooling:Central Air: Yes
  • Water Heater:Tankless: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Heat System:Multi-Zones: Yes
  • Parking:On Site2: Yes
  • Amenities:Bathtub: Yes
  • Office:Office: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Style:Cottage: Yes
  • Driveway:Gravel: Yes
  • View:TreesWoods: Yes
  • Equipment:Internet Access Available: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Property Information:Deed Restrictions: Yes
  • Appliances Included:Gas Range: Yes
  • Property Information:_two_ Detached Houses on 1 Lot: No
  • Equipment:Cable: Yes
  • View:Scenic: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Energy Efficiency:Tankless Water Heater: Yes
  • Kitchen Countertop:Quartz: Yes
  • Parking Other Parking: Yes
  • Amenities:Furniture Included: Yes
  • Location:Abuts Conservation: Yes
  • Site:Cul-De-Sac: Yes
  • Cooling:AC Units: Yes
  • Misc Amenities Sprinkler: Yes
  • Sewer:Quasi-Public: Yes
  • Other Structures:Shed: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Property Information # Fireplaces: 1
  • Parking Reserved Parking: Yes
  • Parking Reserved Parking Spaces: 2
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator, Gas Range, Dishwasher
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Furniture Included, 1st Floor Bedroom, Bathtub, Other, Shower, Storage, Primary Bedroom w/Bath
  • Bedroom 2 Level: Upper
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: Upper

Exterior Features

  • Lot Features: Cul-De-Sac, Landscaped, Abuts Conservation, Near Golf Course, Near Shopping, Near Town, Neighborhood, Subdivided
  • Pool Features: In Ground
  • View: Scenic, Trees/Woods
  • Waterfront: No
  • Construction Type: Composition, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed(s)
  • Patio And Porch Features: Patio
  • Roof: Shingle
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Gravel, On Site, Other, Off Street

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Security: Sprinkler
  • Cooling: Central Air, A/C Units, Multi Units
  • Cooling Y N: Yes
  • Heating: Multi-Zones, Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Quasi-Public
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse
  • Association Fee: 485.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Amenities:Club House: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 13068000.0
  • Parcel #: ARUN-000015-000000-000013-000103
  • Zoning: R

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 5559.0
  • Tax Book Number: 18402
  • Tax Lot: 13-103
  • Tax Map Number: 15
  • Tax Year: 2023

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2024 08/30/24 Sold $565,000 0.0% $326 / Sq Ft
08/30/2024 08/30/24 Sold $565,000 -2.4% $326 / Sq Ft
08/16/2024 08/16/24 Pending -- -- --
08/16/2024 08/16/24 Pending -- -- --
07/22/2024 07/22/24 For Sale $579,000 0.0% $334 / Sq Ft
07/12/2024 07/12/24 For Sale $579,000 -- $334 / 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 $5,559 $327,000 $160,000 $167,000
2023 $5,559 $327,000 $160,000 $167,000
2022 $4,783 $283,000 $116,000 $167,000
2021 $4,783 $283,000 $116,000 $167,000
2020 $1,670 $99,800 $0 $99,800
2019 $1,493 $91,600 $0 $91,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1597758

Maine Listings

APN: ARUN M:015 L:013-103