NOT LISTED FOR SALE

387 Mitchell Rd Cape Elizabeth, ME 04107

Estimated Value: $611,000 - $769,000

3 Beds
2 Baths
1,615 Sq Ft
$433/Sq Ft Est. Value

Last Sold October 13, 2023

Last sale price $710,000 $440 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $4,430/month

6 Days on Market

Highlights

  • Nearby Water Access
  • Public Beach
  • Cape Cod Architecture
  • Pond Cove Elementary School Rated A
  • Scenic Views
  • Deck

About This Home

As of October 2023

A truly charming Cape gem! You are going to LOVE the brand new kitchen with quartz countertops, apron sink, and pot filler over the stove. This 3 bedroom, 2 bath home at 387 Mitchell Rd is surprisingly quiet and centrally located- 5 minutes to Cape Elizabeth schools, 12 minutes to Portland's Old Port and easy access to great beaches and I95/I295. First floor primary suite with cathedral ceilings and separate entrance is ideal for guests, in-laws and possible Airbnb. Chill out on the back deck and watch the horses graze in the neighboring field or appreciate the private back yard with perennial beds, spacious lawn, and gorgeous flowering shrubs. The home has hardwood floors throughout, a functioning fireplace, a garage, a new 200A electrical panel, and a house generator. Daylight basement can be easily finished. Hot tub does not convey. For a video walk-thru go to YouTube and enter the property address. This home has even been pre-inspected for the buyer's convenience.

Last Agent to Sell the Property

The Marc Gup

Keller Williams Realty Listed on: 09/06/2023

Keller Williams Realty

Last Buyer's Agent

Robert Myers

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,095

Year Built

  • Built in 1940

Lot Details

  • 10,019 Sq Ft Lot
  • Public Beach
  • Landscaped
  • Level Lot
  • Open Lot
  • Property is zoned RC

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Property Views

  • Scenic Vista
  • Woods

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,615 Sq Ft Home
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Dining Room
  • Storm Doors

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Bathtub
  • Shower Only

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Nearby Water Access
  • Deck

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Programmable Thermostat
  • Power Generator
  • Natural Gas Not Available
  • Water Heater
  • Internet Available
  • Cable TV Available

Additional Features

  • Smart Grid Meter
  • Property is near a golf course

Community Details

  • No Home Owners Association
  • Community Storage Space

Listing and Financial Details

  • Tax Lot 002
  • Assessor Parcel Number CAPE-031002U

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,095

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.23
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: GPS friendly. Mitchell Rd across from Stonegate entrance between Meadowview and Belfield.
  • Above Grade Finished Sq Ft: 1615.0
  • Architectural Style: Cape
  • Garage Yn: Yes
  • Efficiency: Storm Doors, Smart Electric Meter, Programmable Thermostat, Energy Star Appliances, Double Pane Windows
  • Year Built: 1940
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 0.23
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1615.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: 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:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Style:Cape: 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: 1.0
  • Amenities:Laundry - Hookup: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Dining Room:Dining Room: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Full Bath7: Yes
  • Room Features:Eat-in Kitchen2: Yes
  • Gas:No Gas: Yes
  • Heat System:Multi-Zones: Yes
  • Location:Near Public Beach: Yes
  • Foundation Materials:Block3: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Recreational Water:Nearby: Yes
  • Kitchen Amenities:Skylight20: Yes
  • Living Room Amenities:Wood Burning Fireplace14: Yes
  • Room Features:Skylight32: Yes
  • Room Features:Wood Burning Fireplace29: Yes
  • Driveway:Gravel: Yes
  • View:TreesWoods: Yes
  • Equipment:Cable: Yes
  • Energy Efficiency:Ceiling Fans: Yes
  • Kitchen Amenities:Cathedral Ceiling6: Yes
  • Room Features:Cathedral Ceiling29: Yes
  • View:Scenic: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • View:Fields: Yes
  • Kitchen Countertop:Quartz: Yes
  • Water Heater:Tank: Yes
  • Equipment:Generator: Yes
  • Room Features:Built-Ins30: Yes
  • Energy Efficiency:Smart Electric Meter: Yes
  • Energy Efficiency:Energy Star Appliances: Yes
  • Energy Efficiency:Storm Doors: Yes
  • Energy Efficiency:Programmable Thermostat: Yes
  • Living Room Amenities:Built-Ins14: Yes
  • Dining Room Amenities:Built-Ins8: Yes
  • Living Room Amenities:Formal2: Yes
  • Primary Bedroom Amenities:Skylight4: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Disposal, Dishwasher
  • Has Basement: Walk-Out Access, Full, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Primary Bedroom w/Bath, Bathtub, Shower, Storage
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First

Exterior Features

  • Lot Features: Level, Open Lot, Landscaped, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town
  • View: Fields, Scenic, Trees/Woods
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Block, Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: 1 - 4 Spaces, Gravel, Paved, Detached

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: 10018.8
  • Parcel #: CAPE-031002U
  • Zoning: RC

Tax Info

  • Tax Annual Amount: 5095.0
  • Tax Book Number: 39459
  • Tax Lot: 002
  • Tax Map Number: U31
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2023
Closed on
Oct 13, 2023
Sold by
Case Timothy A
Bought by
Kolbe Daniel
Seller's Agent
The Marc Gup
Keller Williams Realty
Buyer's Agent
Robert Myers
Coldwell Banker Realty
List Price
$595,000
Sold Price
$710,000
Premium/Discount to List
$115,000
19.33%
Total Days on Market
6
Current Estimated Value
$699,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,584
Avg. Annual Appreciation
2.25%
Original Mortgage
$568,000
Interest Rate
7.18%
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
Kolbe Daniel $710,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kolbe Daniel $570,000
Closed Kolbe Daniel $568,000
Previous Owner Case Timothy A $480,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2023 10/13/23 Sold $710,000 +19.3% $440 / Sq Ft
09/12/2023 09/12/23 Pending -- -- --
09/06/2023 09/06/23 For Sale $595,000 -- $368 / 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 $6,177 $561,500 $277,400 $284,100
2023 $12,544 $561,500 $277,400 $284,100
2022 $5,095 $240,900 $100,000 $140,900
2021 $4,881 $240,900 $100,000 $140,900
2020 $4,799 $240,900 $100,000 $140,900
2019 $4,741 $240,900 $100,000 $140,900
2018 $4,582 $240,900 $100,000 $140,900
2017 $4,336 $240,900 $100,000 $140,900
2016 $4,225 $240,900 $100,000 $140,900
2015 $4,066 $240,900 $100,000 $140,900
2013 $3,922 $240,900 $100,000 $140,900
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2023

    The Marc Gup

    Keller Williams Realty

    (207) 232-6127

    28 in this area

    215 Total Sales

    The Marc Gup
    Section Image
  • Robert Myers

    Buyer's Agent in 2023

    Robert Myers

    Coldwell Banker Realty

    (207) 227-6559

    1 in this area

    77 Total Sales

    Robert Myers
    Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1571142

Maine Listings

APN: CAPE-031002U

Maine Cumberland County Cape Elizabeth 04107

387 Mitchell Rd, Cape Elizabeth, ME

This home is located at 387 Mitchell Rd, Cape Elizabeth, ME 04107 since 06 September 2023 and is currently estimated at $699,416, approximately $433 per square foot. This property was built in 1940. 387 Mitchell 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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