$410,000
SOLD APR 29, 2022

31 Concord Place Cape Elizabeth, ME 04107

1 Bed
2 Baths
1,238 Sq Ft
$503/mo HOA Fee

Recently Sold

$331 Per Sq Ft

28% Above List Price

4 Days on Market

Highlights

  • View of Trees or Woods
  • Wooded Lot
  • Wood Flooring
  • Pond Cove Elementary School Rated A
  • Cathedral Ceiling
  • Subterranean Parking

About This Home

As of October 2023

Located in the charming and beautifully maintained Hobstone Condominium Assn, this spacious, townhouse style unit has been pre-inspected and freshly painted throughout. A short walk away, there is easy access to 20+ acres of dog friendly walking trails at Hobstone Woods (protected by the Cape Elizabeth Land Trust). Residents also enjoy the beauty, quiet and walkability of the rest of the common area grounds. This unit has its own covered porch and private patio area. Enter through a hallway with generous closet space for coats and shoes. With seated counter space, the kitchen has an easy flow for cooking and entertaining and all SS appliances including a brand new stove. Vaulted ceilings provide beautiful light in the dining area. The L/R is very spacious with an area that could be used as an open office or guest quarters. The addition of a half or full (or glass) wall could actually make a small second bedroom with an ensuite 3/4 bath. Upstairs you'll find a dedicated laundry area, with a large primary bedroom, second full bathroom and a walk-in closet with hanging and drawer space! Under the main staircase carpeted stairs lead to a 1 car garage with direct access to the unit. Before the garage there's closed door storage in a room that is large enough to be used as work or craft space or finished it could be perfect for podcasting, gaming or private office space.
The Seller enjoyed 22+ years of living and entertaining here and is excited for the next owner(s) to make the space their own. Easy to show, all offers due on Monday, April 11th at 11:00am.

Last Agent to Sell the Property

Jeffrey Mateja

Keller Williams Realty Listed on: 04/06/2022

Keller Williams Realty

Co-Listed By

Donna Galluzzo

Signature Homes Real Estate Group, LLC

Last Buyer's Agent

Kenneth Greene

Classic Maine Realty, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,001

Year Built

  • Built in 1985

Lot Details

  • Near Conservation Area
  • Landscaped
  • Lot Has A Rolling Slope
  • Wooded Lot

HOA Fees

  • $503 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Common or Shared Parking
  • Shared Driveway

Home Design

  • Concrete Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,238 Sq Ft Home
  • Built-In Features
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Views of Woods

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Formica Countertops

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Bedroom Suite
  • 2 Full Bathrooms
  • Bathtub
  • Shower Only

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Interior Basement Entry

Outdoor Features

  • Patio
  • Porch

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • No Rentals Allowed
  • Tax Lot 331
  • Assessor Parcel Number CAPE-030331U

Community Details

Overview

  • 2 Units
  • Hobstone Subdivision
  • The community has rules related to deed restrictions

Amenities

  • Community Storage Space

Recreation

  • Tennis Courts

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,001

Year Built

Built in 1985

Lot Details

0

HOA Fees

$503 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Co List Office Mls Id: 2957
  • Co List Office Phone: 207-553-2605
  • MLS Status: Closed
  • Subdivision Name: Hobstone
  • Directions: GPS friendly, please park in the spaces on the left hand side in the small area near the porch entrance for #31.
  • Above Grade Finished Sq Ft: 1238.0
  • Architectural Style: Townhouse
  • Garage Yn: Yes
  • Year Built: 1985
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Property Information:Seasonal: No
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1238.0
  • Property Information:Garage: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: 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
  • Amenities:Primary Bedroom wBath: Yes
  • Amenities:Storage: Yes
  • Location Information:Association Fee: 503.22
  • Location Information:Fee Frequency Paid: Monthly
  • Property Information:Garage Spaces: 1.0
  • Foundation Materials:Slab: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Rental Allowed: No
  • Condominium:Units in Building: 2
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Amenities:Walk-in Closets: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Suite6: Yes
  • Room Features:Suite17: Yes
  • Floors:Laminate: Yes
  • Basement:Partial: Yes
  • Heat System:Multi-Zones: Yes
  • Amenities:Bathtub: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Property Information:Short Sale Continue to Show: No
  • Basement:Slab2: Yes
  • Living Room Amenities:Wood Burning Fireplace14: Yes
  • Room Features:Wood Burning Fireplace29: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Site:RollingSloping: Yes
  • Property Information:Deed Restrictions: Yes
  • Property Information:Bank Owned REO: No
  • Kitchen Countertop:Formica: Yes
  • Living Room Amenities:Cathedral Ceiling5: Yes
  • Room Features:Cathedral Ceiling29: Yes
  • Heat System:Direct Vent Heater: Yes
  • Room Features:Built-Ins30: Yes
  • Location:Abuts Conservation: Yes
  • Vehicle Storage:Under: Yes
  • Condominium:Total Units4: 66
  • Living Room Amenities:Built-Ins14: Yes
  • Style:Townhouse: Yes
  • Dining Room Amenities:Built-Ins8: Yes
  • Amenities:Tennis Court: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Property Information # Fireplaces: 1
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher
  • Has Basement: Partial, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Walk-in Closets, Bathtub, Shower, Storage, Primary Bedroom w/Bath
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: Second

Exterior Features

  • Lot Features: Rolling Slope, Sidewalks, Landscaped, Wooded, Abuts Conservation
  • View: Trees/Woods
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Exterior Features: Tennis Court(s)
  • Foundation Details: Concrete Perimeter, Slab
  • Patio And Porch Features: Patio, Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: 1 - 4 Spaces, Paved, Common, Underground

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Direct Vent Heater, Baseboard, Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 503.22
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Parcel #: CAPE-030331U
  • Zoning: RA

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 66

Tax Info

  • Tax Annual Amount: 4001.35
  • Tax Book Number: 15110
  • Tax Lot: 331
  • Tax Map Number: U30
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2023
Closed on
Oct 4, 2023
Sold by
Susan T Arcuni Ret and Arcuni
Bought by
Anderson Eddie R and Anderson Katie E
Seller's Agent
Kenneth Greene
Bean Group
Buyer's Agent
Josephine Power
Coldwell Banker Realty
List Price
$475,000
Sold Price
$437,500
Premium/Discount to List
-$37,500
-7.89%
Current Estimated Value
$481,953

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,453
Avg. Annual Appreciation
1.30%
Original Mortgage
$328,125
Outstanding Balance
$323,255
Interest Rate
7.23%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$125,528

Purchase Details

Closed on
Oct 6, 2022
Sold by
Arcuni Susan T
Bought by
Susan T Arcuni Ret and Arcuni

Purchase Details

Listed on
Apr 6, 2022
Closed on
Apr 26, 2022
Sold by
Gerst Rosalind B
Bought by
Arcuni Susan T
Seller's Agent
Jeffrey Mateja
Keller Williams Realty
Buyer's Agent
Kenneth Greene
Classic Maine Realty, LLC
List Price
$319,900
Sold Price
$410,000
Premium/Discount to List
$90,100
28.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.69%
Source: Public Records

Range of Values:

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List Price
Sold Price
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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 $437,500 None Available
Warranty Deed -- None Available
Warranty Deed $410,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $328,125 Purchase Money Mortgage
Previous Owner $30,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2023 10/05/23 For Sale $475,000 +8.6% $384 / Sq Ft
10/04/2023 10/04/23 Sold $437,500 +6.7% $353 / Sq Ft
09/05/2023 09/05/23 Pending -- -- --
04/29/2022 04/29/22 Sold $410,000 +28.2% $331 / Sq Ft
04/11/2022 04/11/22 Pending -- -- --
04/06/2022 04/06/22 For Sale $319,900 -- $258 / 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 $3,878 $352,500 $100,000 $252,500
2023 $7,875 $352,500 $100,000 $252,500
2022 $4,676 $221,100 $70,000 $151,100
2021 $4,479 $221,100 $70,000 $151,100
2020 $4,404 $221,100 $70,000 $151,100
2019 $4,351 $221,100 $70,000 $151,100
2018 $4,205 $221,100 $70,000 $151,100
2017 $3,980 $221,100 $70,000 $151,100
2016 $3,878 $221,100 $70,000 $151,100
2015 $3,732 $221,100 $70,000 $151,100
2013 $3,600 $221,100 $70,000 $151,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1523794

Maine Listings

APN: CAPE-030331U