NOT LISTED FOR SALE

373 Lower Flying Point Rd Freeport, ME 04032

Freeport Neighborhood

Estimated Value: $3,078,000 - $3,419,615

4 Beds
4 Baths
4,664 Sq Ft
$688/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $3,150,000 $675 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $20,092/month

10 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 200 Feet of Waterfront
  • Property is near public transit
  • Mast Landing School Rated A
  • Docks
  • Soaking Tub and Shower Combination in Primary Bathroom

About This Home

As of June 2023

This spectacular Shingle-style oceanfront property boasts unobstructed breathtaking views of Casco Bay and the Calendar Islands. The private dock and mooring for allow for boating, fishing, kayaking, paddle boarding, swimming and more! Built in 2014, this energy efficient, 4B/4B home is thoughtfully designed and detailed with luxurious high end finishes. It boasts AC, open concept floor plan, vaulted ceilings, 3 fireplaces and Brazilian Mahogany floors. The first floor offers: an elevated entry, dining room and living room with fireplaces, a gourmet kitchen showcasing quartzite countertops, furniture-grade solid-maple cabinets, & luxury stainless appliances (Subzero fridge/freezer, Wolf oven), a bedroom/bathroom suite, an office with expansive ocean views, a mud room and an attached 2 car garage.

The second floor includes the primary bedroom suite including a walk-in closet and spa bathroom - all with amazing endless views! Two guest bedrooms with connecting bathroom offer private spaces for resting and have large closets. There is also an upstairs coffee bar station and laundry/craft room (or second home office) - the picture window there will make any chore a joy and provides a sanctuary to unwind and read!

The lower level has a family room with kitchenette, bar, game/exercising room, a full bathroom and a large storage room. The highlight is the fully immersive Home Cinema with professional sound, design and visuals!

Outside, enjoy the large, flat and private backyard and beautiful pavilion - with the sounds and sights of the ocean and surrounding wildlife. You can truly have it all with this captivating property!

Last Agent to Sell the Property

Alexa Oestreicher

Legacy Properties Sotheby's International Realty Listed on: 05/22/2023

Legacy Properties Sotheby's International Realty

Last Buyer's Agent

Katherine Hogan

Compass Real Estate

Compass Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,373

Year Built

  • Built in 2014

Lot Details

  • 0.87 Acre Lot
  • 200 Feet of Waterfront
  • Ocean Front
  • Street terminates at a dead end
  • Landscaped
  • Level Lot
  • Open Lot
  • Property is zoned WTR MDL

Parking

  • 2 Car Direct Access Garage

Property Views

  • Water
  • Scenic Vista

Home Design

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

Interior Spaces

  • Built-In Features
  • Cathedral Ceiling
  • 3 Fireplaces
  • Gas Fireplace
  • Mud Room
  • Great Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Home Gym
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • 4 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub and Shower Combination in Primary Bathroom
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Outdoor Features

  • Deeded Waterfront Access Rights
  • Access to Tidal Water
  • Deep Water Access
  • Mooring
  • Docks
  • Patio
  • Shed
  • Porch

Location

  • Property is near public transit
  • Suburban Location

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Power Generator
  • Private Water Source
  • Electric Water Heater
  • Private Sewer
  • Internet Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Community Storage Space

Listing and Financial Details

  • Tax Lot 74
  • Assessor Parcel Number FPRT-000005A-000074

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,373

Year Built

Built in 2014

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.87
  • Road Surface Type: Paved
  • Water Body Name: Casco Bay
  • MLS Status: Closed
  • Directions: 373 Lower Flying Point is GPS friendly
  • Above Grade Finished Sq Ft: 3516.0
  • Architectural Style: Shingle Style
  • Garage Yn: Yes
  • Year Built: 2014
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 0.87
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 3516.0
  • Property Information:SqFt Finished Below Grade: 1148.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Exterior:Shingle Siding: 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:Propane: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Amenities:Security System: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 2.0
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Shower: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Cooling:Central Air: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Kitchen Amenities:Island: Yes
  • Primary Bedroom Amenities:Full Bath7: Yes
  • Primary Bedroom Amenities:Walk-in Closet6: Yes
  • Room Features:Eat-in Kitchen2: Yes
  • Room Features:Island2: Yes
  • Room Features:Walk-in Closet17: Yes
  • Location:Suburban: Yes
  • Mud Room:Mud Room: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Bonus Room:Bonus Room: Yes
  • Office:Office: Yes
  • Appliances Included:Cooktop: Yes
  • Bedroom 1 Amenities:Full Bath: Yes
  • Sewer:Private Sewer: Yes
  • Recreational Water:Oceanfront: Yes
  • Primary Bedroom Amenities:Double Vanities6: Yes
  • Primary Bedroom Amenities:Soaking Tub6: Yes
  • Room Features:Double Vanities17: Yes
  • Room Features:Soaking Tub17: Yes
  • Roads:Dead End: Yes
  • Water Info:Waterfront Amount -: 200.0
  • Water Info:Water Frontage Owned -: 200.0
  • Recreational Water:Deeded: Yes
  • Water:Private2: Yes
  • Property Information:Deed Restrictions: Unknown
  • Appliances Included:Gas Range: Yes
  • Equipment:Cable: Yes
  • Great Room:Great Room: Yes
  • Room Features:Cathedral Ceiling29: Yes
  • View:Scenic: Yes
  • Recreational Water:Waterfront Tidal: Yes
  • Equipment:Generator: Yes
  • Laundry Room:Laundry Room: Yes
  • Room Features:Built-Ins30: Yes
  • Transportation:Deep Water Access: Yes
  • Recreational Water:Dock: Yes
  • Primary Bedroom Amenities:Cathedral Ceiling4: Yes
  • Exercise Room:Exercise Room: Yes
  • Bedroom Amenities 2:Full Bath2: Yes
  • Bedroom Amenities 2:Walk-in Closet2: Yes
  • Style:Shingle Style: Yes
  • Transportation:Public Transport Access: Yes
  • Transportation:Rail Available: Yes
  • Dining Room Amenities:Gas Fireplace11: Yes
  • Recreational Water:Boat Mooring: Yes
  • Primary Bedroom Amenities:Separate Shower6: Yes
  • Room Features:Separate Shower17: Yes
  • Room Features:Gas Fireplace29: Yes
  • Bedroom Amenities 3:Walk-in Closet3: Yes
  • Mud Room Amenities:Built-Ins17: Yes
  • Bedroom Amenities 3:Full Bath3: Yes
  • Great Room Amenities:Gas Fireplace8: Yes
  • Primary Bedroom Amenities:Gas Fireplace4: Yes
  • Other Structures:Shed: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 3
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Gas Range, Dryer, Dishwasher, Cooktop
  • Has Basement: Bulkhead, Finished, Full, Exterior Entry, Interior Entry
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1148.0
  • Fireplaces: 3
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, Bathtub, Shower, Storage, Primary Bedroom w/Bath
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Primary Bedroom Primary Bedroom Level: Second
  • Laundry Room Laundry Room Level: Second

Exterior Features

  • Lot Features: Level, Open Lot, Landscaped, Neighborhood, Suburban, Near Public Transit
  • View: Scenic
  • Waterfront Features: Ocean
  • Waterfront: Yes
  • Construction Type: Wood Siding, Shingle Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed(s)
  • Patio And Porch Features: Patio, Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Other, Inside Entrance

Utilities

  • Laundry Features: Upper Level
  • Security: Security System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 37897.2
  • Parcel #: FPRT-000005A-000074
  • Zoning: WTR MDL

Tax Info

  • Tax Annual Amount: 18373.0
  • Tax Book Number: 26591
  • Tax Lot: 74
  • Tax Map Number: 5A
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2023
Closed on
Jun 29, 2023
Sold by
Liza Thompson 2003 T and Liza Thompson
Bought by
Nordgren Krista and Southall John
Seller's Agent
Alexa Oestreicher
Legacy Properties Sotheby's International Realty
Buyer's Agent
Katherine Hogan
Compass Real Estate
List Price
$2,900,000
Sold Price
$3,150,000
Premium/Discount to List
$250,000
8.62%
Total Days on Market
10
Current Estimated Value
$3,209,538

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,538
Avg. Annual Appreciation
0.96%
Original Mortgage
$1,715,000
Outstanding Balance
$1,673,719
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,535,819

Purchase Details

Closed on
Feb 2, 2009
Sold by
Stairs Margaret P
Bought by
Liza Thompson T and Liza Thompson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.28%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Nordgren Krista $3,150,000 None Available
Liza Thompson T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Southall John $1,715,000
Previous Owner Liza Thompson T $980,000
Previous Owner Liza Thompson T $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $3,150,000 +8.6% $675 / Sq Ft
06/01/2023 06/01/23 Pending -- -- --
05/22/2023 05/22/23 For Sale $2,900,000 -- $622 / 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 $25,940 $1,943,100 $1,102,000 $841,100
2023 $23,898 $1,738,000 $1,002,100 $735,900
2022 $18,373 $1,346,000 $703,000 $643,000
2021 $17,969 $1,346,000 $703,000 $643,000
2020 $17,405 $1,243,200 $650,900 $592,300
2019 $16,665 $1,165,400 $614,100 $551,300
2018 $16,116 $1,070,800 $560,500 $510,300
2017 $14,962 $1,000,800 $520,100 $480,700
2016 $14,323 $906,500 $463,300 $443,200
2015 $14,613 $869,800 $449,700 $420,100
2014 $13,743 $869,800 $449,700 $420,100
2013 $7,920 $499,700 $499,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1558945

Maine Listings

APN: FPRT-000005A-000074