NOT LISTED FOR SALE

Estimated Value: $1,527,461 - $3,989,000

5 Beds
3.5 Baths
3,442 Sq Ft
$697/Sq Ft Est. Value

Last Sold March 15, 2018

Last sale price $950,000 $276 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $14,056/month

117 Days on Market

Highlights

  • Ocean Front
  • Nearby Water Access
  • Country Club
  • Wells Junior High School Rated A-
  • Public Beach
  • Scenic Views

About This Home

As of March 2018

Own a piece of Ogunquit history with this luxury, once in a lifetime, offering. This expansive home is located in the heart of Ogunquit with shops & restaurants steps from your door. Completely rebuilt in 2002, the dramatic living room features soaring 24' ceilings w/skylights, gas burning fireplace, opening to chef's kitchen & a private patio making it the heart of the home & entertaining a delight. Three-four guest bedrooms, a master suite fit for a king, formal dining & optional den round out the amenities.

Last Listed By

Carolyn Weller

RE/MAX Realty One Listed on: 11/01/2017

RE/MAX Realty One

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,545

Year Built

  • Built in 2002

Lot Details

  • 8,276 Sq Ft Lot
  • Ocean Front
  • Public Beach
  • Landscaped
  • Level Lot
  • Open Lot
  • Property is zoned RD

Home Design

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

Interior Spaces

  • 3,442 Sq Ft Home
  • Furnished
  • Built-In Features
  • Cathedral Ceiling
  • Gas Fireplace
  • Living Room
  • Formal Dining Room
  • Scenic Vista Views
  • Home Security System

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Bedroom Suite
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Exterior Basement Entry

Parking

  • Tandem Parking
  • Driveway
  • Paved Parking
  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Nearby Water Access
  • Patio

Location

  • Property is near a golf course
  • City Lot

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 057/001
  • Assessor Parcel Number OGUN-000007-000057-000001

Community Details

Overview

  • No Home Owners Association
  • Hoyts Lane Condo Subdivision

Amenities

  • Community Storage Space

Recreation

  • Country Club

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,545

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.19
  • Water Body Name: Atlantic Ocean
  • MLS Status: Closed
  • Subdivision Name: Hoyts Lane Condo
  • Directions: exit 7 off of I-95 North. Right on Route 1 north to Ogunquit. Right on Hoyts Lane, home on left.
  • Above Grade Finished Sq Ft: 3442.0
  • Architectural Style: Other Style
  • Year Built: 2002
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 0.19
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 3442.0
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Seasonal
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Amenities:Security System: Yes
  • Amenities:Storage: Yes
  • Kitchen Countertop:Granite: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Cooling:Central Air: Yes
  • Amenities:Walk-in Closets: Yes
  • Dining Room:Dining Room: Yes
  • Kitchen Amenities:Island: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Full Bath7: Yes
  • Primary Bedroom Amenities:Suite6: Yes
  • Primary Bedroom Amenities:Walk-in Closet6: Yes
  • Basement:Partial: Yes
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Amenities:_one_st Floor Primary Bedroom wBath: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Parking:Paved3: Yes
  • Recreational Water:Nearby: Yes
  • Primary Bedroom Amenities:Double Vanities6: Yes
  • Appliances Included:Gas Range: Yes
  • Equipment:Cable: Yes
  • Living Room Amenities:Cathedral Ceiling5: Yes
  • View:Scenic: Yes
  • Location:Near Country Club: Yes
  • Amenities:Furniture Included: Yes
  • Laundry Room:Laundry Room: Yes
  • Primary Bedroom Amenities:Cathedral Ceiling4: Yes
  • Basement Entry:Exterior Only: Yes
  • Living Room Amenities:Gas Fireplace5: Yes
  • Laundry Room Amenities:Built-Ins13: Yes
  • Dining Room Amenities:Formal: Yes
  • Bedroom Amenities 4:Full Bath4: Yes
  • Bedroom Amenities 4:Suite4: Yes
  • Exterior:Stucco: Yes
  • Bedroom Amenities 3:Built-Ins3: Yes
  • Vehicle Storage:Tandem: Yes
  • Bedroom Amenities 4:Cathedral Ceiling10: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Gas Range, Dryer, Dishwasher
  • Has Basement: Partial, Exterior Only, Unfinished
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Walk-in Closets, Furniture Included, 1st Floor Primary Bedroom w/Bath, Shower, Storage
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bedroom 4 Bedroom 4 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First
  • Laundry Room Laundry Room Level: First

Exterior Features

  • Lot Features: Level, Open Lot, Landscaped, Intown, Near Golf Course, Near Public Beach, Near Shopping, Neighborhood
  • View: Scenic
  • Waterfront Features: Ocean
  • Waterfront: No
  • Construction Type: Stucco, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Patio
  • Roof: Shingle
  • Patio And Porch Features:Patio: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Built-Ins, Laundry - 1st Floor, Main Level
  • Security: Security System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8276.4
  • Parcel #: OGUN-000007-000057-000001
  • Zoning: RD

Tax Info

  • Tax Annual Amount: 9545.0
  • Tax Book Number: 10119
  • Tax Lot: 057/001
  • Tax Map Number: 007
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2017
Closed on
Mar 15, 2018
Sold by
Ronald J Mercurio Lt
Bought by
Sullivan John L and Sullivan Margaret T
Seller's Agent
Carolyn Weller
RE/MAX Realty One
Buyer's Agent
Carolyn Weller
RE/MAX Realty One
List Price
$1,250,000
Sold Price
$950,000
Premium/Discount to List
-$300,000
-24%
Total Days on Market
117
Current Estimated Value
$2,398,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,448,487
Avg. Annual Appreciation
14.49%

Purchase Details

Closed on
Feb 5, 2016
Sold by
Mercurio Ronald J
Bought by
Ronald J Mercurio Lt and Mercurio Ronald J

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Sullivan John L -- --
Ronald J Mercurio Lt -- --
Ronald J Mercurio Lt -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2018 03/15/18 Sold $950,000 -24.0% $276 / Sq Ft
02/27/2018 02/27/18 Pending -- -- --
11/01/2017 11/01/17 For Sale $1,250,000 -- $363 / 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 $9,103 $1,409,100 $187,500 $1,221,600
2023 $9,103 $1,409,100 $187,500 $1,221,600
2022 $8,906 $1,409,100 $187,500 $1,221,600
2021 $9,007 $1,106,500 $214,500 $892,000
2020 $8,852 $1,106,500 $214,500 $892,000
2019 $8,852 $1,106,500 $214,500 $892,000
2018 $8,752 $1,106,500 $214,500 $892,000
2017 $8,387 $1,106,500 $214,500 $892,000
2016 $9,569 $1,182,800 $214,500 $968,300
2015 $9,545 $1,182,800 $214,500 $968,300
2014 $9,179 $1,182,800 $214,500 $968,300
Source: Public Records

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Source: Maine Listings

MLS Number: 1331501

Maine Listings

APN: OGUN-000007-000057-000001