NOT LISTED FOR SALE

37 Elephant Rock Rd Cape Elizabeth, ME 04107

Estimated Value: $1,889,000 - $6,616,750

3.8 Acres
$1,119,178 Price per Acre
165,528 Sq Ft Lot

Last Sold October 18, 2019

Last sale price $2,800,000

Est. 52% increase in value since last sale

Current estimated payment $30,241/month

93 Days on Market

Highlights

  • 312 Feet of Waterfront
  • 3.8 Acre Lot
  • No HOA
  • Pond Cove Elementary School Rated A
  • Wooded Lot
  • Pasture

About This Lot

As of October 2019

The first time offered to the market in 100 years, Elephant Rock is a private 3.8± acre lot with over 300' of water frontage on Boat Cove. A protected rocky beach, a 1920's 6-bedroom, 2 bath seasonal cottage, a 1-bedroom cabana with kitchen are part of this very special family compound that has been loved and enjoyed by 5 generations. Additional acreage with a tennis court is available to create an even larger family compound. A rare opportunity in Cape Elizabeth. Inquire for more details.

Last Agent to Sell the Property

Karen Reiche

LandVest, Inc. Listed on: 09/17/2019

Co-Listed By

Elizabeth Ducas

Waypoint Brokers Collective

Last Buyer's Agent

John Scribner

LandVest, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $32,768

Year Built

  • 2023

Lot Details

  • 3.8 Acre Lot
  • 312 Feet of Waterfront
  • Ocean Front
  • Property fronts a private road
  • Seasonal Access to Property
  • Landscaped
  • Level Lot
  • Open Lot
  • Wooded Lot
  • Property is zoned RA

Parking

  • Driveway
  • Paved Parking

Utilities

  • Seasonal Water
  • Septic System
  • Septic Design Available

Additional Features

  • Water Views
  • Pasture

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 14-2
  • Assessor Parcel Number CAPE-002014R-000002

Property Details

Property Type

Land

Est. Annual Taxes

$32,768

Year Built

2023

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 3.8
  • Road Frontage Type: Private
  • Water Body Name: Atlantic
  • Co List Office Mls Id: 1475
  • Co List Office Phone: 207-774-8518
  • MLS Status: Closed
  • Property Information:Lot Size Acres -: 3.8
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Roads:Private: Yes
  • Water Info:Waterfront Amount -: 312.0
  • Water Info:Water Frontage Owned -: 312.0
  • Site:Wooded: Yes
  • Sewer:Septic Existing on Site: Yes
  • Sewer:Septic Design Available: Yes
  • Property Information:Mobile Homes Allowed: Unknown
  • Site:PastureField: Yes
  • Water:Seasonal4: Yes
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2023

Exterior Features

  • Lot Features: Level, Open Lot, Landscaped, Wooded, Pasture, Near Town
  • Waterfront Features: Ocean
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Paved

Utilities

  • Electric: Circuit Breakers
  • Sewer: Septic Design Available, Septic Existing on Site
  • Water Source: Public, Seasonal

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 165528.0
  • Parcel #: CAPE-002014R-000002
  • Zoning: RA

Tax Info

  • Tax Annual Amount: 32767.83
  • Tax Book Number: 20989
  • Tax Lot: 14-2
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2019
Closed on
Oct 11, 2019
Sold by
Poole Malcolm F and Poole Charles A
Bought by
Elephant Rock Llc
Seller's Agent
Karen Reiche
LandVest, Inc.
Buyer's Agent
John Scribner
LandVest, Inc.
List Price
$2,950,000
Sold Price
$2,800,000
Premium/Discount to List
-$150,000
-5.08%
Total Days on Market
93
Current Estimated Value
$4,252,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,452,875
Avg. Annual Appreciation
6.27%

Purchase Details

Closed on
Nov 15, 2018
Sold by
4 Of Us Family Lp
Bought by
Vsp Land Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Buyer Sale Price Title Company
Elephant Rock Llc -- --
Vsp Land Llc -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2019 10/18/19 Sold $2,800,000 -5.1% --
09/13/2019 09/13/19 Pending -- -- --
06/11/2019 06/11/19 For Sale $2,950,000 -- --
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 $76,406 $6,946,000 $2,478,200 $4,467,800
2023 $155,174 $6,946,000 $2,478,200 $4,467,800
2022 $43,789 $2,070,400 $1,657,100 $413,300
2021 $34,742 $1,714,800 $1,559,700 $155,100
2020 $34,159 $1,714,800 $1,559,700 $155,100
2019 $33,747 $1,714,800 $1,559,700 $155,100
2018 $32,768 $1,722,800 $1,567,700 $155,100
2017 $31,010 $1,722,800 $1,567,700 $155,100
2016 $30,218 $1,722,800 $1,567,700 $155,100
2015 $29,081 $1,722,800 $1,567,700 $155,100
2013 $28,047 $1,722,800 $1,567,700 $155,100
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2019

    Karen Reiche

    LandVest, Inc.

    (207) 874-6159

    1 in this area

    56 Total Sales

    Karen Reiche
    Section Image

  • E

    Seller Co-Listing Agent in 2019

    Elizabeth Ducas

    Waypoint Brokers Collective

    (207) 939-5095

    33 Total Sales

    Elizabeth Ducas
    Section Image

  • J

    Buyer's Agent in 2019

    John Scribner

    LandVest, Inc.

    (207) 874-2057

    61 Total Sales

    John Scribner
    Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1419172

Maine Listings

APN: CAPE-002014R-000002

Maine Cumberland County Cape Elizabeth 04107

37 Elephant Rock Rd, Cape Elizabeth, ME

This home is located at 37 Elephant Rock Rd, Cape Elizabeth, ME 04107 since 17 September 2019 and is currently estimated at $4,252,875. This property was built in 2023. 37 Elephant Rock Rd is a home located in Cumberland County with nearby schools including Pond Cove Elementary School, Cape Elizabeth Middle School, and Cape Elizabeth High School.

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