NOT LISTED FOR SALE

32 Valley Rd Cape Elizabeth, ME 04107

Estimated Value: $553,000 - $638,000

3 Beds
2 Baths
1,941 Sq Ft
$314/Sq Ft Est. Value

Last Sold September 23, 2022

Last sale price $505,000 $260 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,765/month

25 Days on Market

Highlights

  • Public Beach
  • Country Club
  • Wood Flooring
  • Pond Cove Elementary School Rated A
  • Deck
  • Main Floor Bedroom

About This Home

As of September 2022

Conveniently located 3 bedroom 2 bath raised ranch on a quiet dead end street offers great potential for a new owner's stamp. The square footage and layout are here, just bring your vision to bear! The upper level offers a living room with gas fireplace, a dining area off the kitchen, three bedrooms, a full bath and a large three-season sunroom. The lower level features a family room with wood fireplace, an office, laundry and a full bath. You'll also enjoy the carport for a 3rd vehicle or boat, the wrap-around deck and nice yard. Enjoy easy access to all the wonderful parks and beaches of Cape Elizabeth and a 10 minute drive to downtown Portland with all its many offerings. This home awaits you!

Last Agent to Sell the Property

Kimberly Myers

Cottage & Co Real Estate Listed on: 07/28/2022

Co-Listed By

Mike Drinan

Cottage & Co Real Estate

Last Buyer's Agent

Bess Walsh

RE/MAX Oceanside

RE/MAX Oceanside

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,551

Year Built

  • Built in 1968

Lot Details

  • 0.28 Acre Lot
  • Public Beach
  • Cul-De-Sac
  • Landscaped
  • Level Lot
  • Property is zoned RC

Parking

  • 2 Car Direct Access Garage
  • Carport
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Driveway

Home Design

  • Split Foyer
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2 Fireplaces
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Screened Porch

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

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

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Baseboard Heating
  • Hot Water Heating System

Additional Features

  • Deck
  • Property is near a golf course

Listing and Financial Details

  • Tax Lot 53
  • Assessor Parcel Number CAPE-027053U

Community Details

Recreation

  • Country Club

Additional Features

  • No Home Owners Association
  • Community Storage Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,551

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.28
  • Road Surface Type: Paved
  • Co List Office Mls Id: 3287
  • Co List Office Phone: 207-653-1188
  • MLS Status: Closed
  • Directions: Spurwink Ave to Pleasant Ave to right on Ridge to left on Dawe to left on Valley. #32 is on the left
  • Above Grade Finished Sq Ft: 1341.0
  • Architectural Style: Split Entry
  • Garage Yn: Yes
  • Year Built: 1968
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 0.28
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1341.0
  • Property Information:SqFt Finished Below Grade: 600.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Daylight: Yes
  • Percent Basement Finished: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: 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
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Amenities:Laundry - Hookup: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Kitchen Amenities:Island: Yes
  • Living Room:Living Room: Yes
  • Room Features:Island2: Yes
  • Heat System:Multi-Zones: Yes
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Office:Office: Yes
  • Dining Room Amenities:Dining Area: Yes
  • Room Features:Dining Area2: Yes
  • Family Room:Family Room: Yes
  • Appliances Included:Gas Range: Yes
  • Location:Near Country Club: Yes
  • Site:Cul-De-Sac: Yes
  • Vehicle Storage:Carport: Yes
  • Vehicle Storage:Under: Yes
  • Style:Split Entry: Yes
  • Living Room Amenities:Gas Fireplace5: Yes
  • Room Features:Gas Fireplace29: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 2
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Gas Range, Dryer, Dishwasher
  • Has Basement: Walk-Out Access, Daylight, Finished, Full, Interior Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 600.0
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Storage
  • Full Basement: Yes
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First

Exterior Features

  • Lot Features: Cul-De-Sac, Level, Landscaped, Near Golf Course, Near Public Beach, Near Shopping, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Screened
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Paved, On Site, Garage Door Opener, Carport, Inside Entrance, Underground

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Baseboard
  • 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: 12196.8
  • Parcel #: CAPE-027053U
  • Zoning: RC

Tax Info

  • Tax Annual Amount: 5551.0
  • Tax Book Number: 20415
  • Tax Lot: 53
  • Tax Map Number: U27
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2022
Closed on
Sep 23, 2022
Sold by
Moore Shannon
Bought by
Rasco Catherine E and Eldredge Diane L
Seller's Agent
Kimberly Myers
Cottage & Co Real Estate
Buyer's Agent
Bess Walsh
RE/MAX Oceanside
List Price
$539,000
Sold Price
$505,000
Premium/Discount to List
-$34,000
-6.31%
Total Days on Market
25
Current Estimated Value
$608,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,557
Avg. Annual Appreciation
7.88%
Original Mortgage
$454,500
Outstanding Balance
$438,334
Interest Rate
5.22%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$180,915

Purchase Details

Closed on
Jul 2, 2021
Sold by
Hockenberry Dean M and Hockenberry Victoria A
Bought by
Riggin Jessica and Newell Walker

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$740,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Rasco Catherine E $505,000 None Available
Riggin Jessica -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rasco Catherine E $454,500
Previous Owner Riggin Jessica $740,000
Previous Owner Moore Shannon L $50,000
Previous Owner Grant Eric $221,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2022 09/23/22 Sold $505,000 -6.3% $260 / Sq Ft
08/23/2022 08/23/22 Pending -- -- --
07/28/2022 07/28/22 For Sale $539,000 -- $278 / 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 $6,425 $584,100 $278,900 $305,200
2023 $13,049 $584,100 $278,900 $305,200
2022 $5,795 $274,000 $102,000 $172,000
2021 $5,551 $274,000 $102,000 $172,000
2020 $5,458 $274,000 $102,000 $172,000
2019 $5,392 $274,000 $102,000 $172,000
2018 $5,211 $274,000 $102,000 $172,000
2017 $4,932 $274,000 $102,000 $172,000
2016 $4,806 $274,000 $102,000 $172,000
2015 $4,625 $274,000 $102,000 $172,000
2013 $4,461 $274,000 $102,000 $172,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1538025

Maine Listings

APN: CAPE-027053U