NOT LISTED FOR SALE

39 Erica's Way Kennebunk, ME 04043

Estimated Value: $562,000 - $661,000

0.99 Acre
$609,773 Price per Acre
43,124 Sq Ft Lot

Last Sold June 05, 2015

Last sale price $43,000

Est. 1,304% increase in value since last sale

Current estimated payment $3,845/month

354 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 0.99 Acre Lot
  • Cul-De-Sac
  • 156 Feet of Waterfront
  • No HOA
  • Lot Has A Rolling Slope

About This Lot

As of June 2015

Build your dream home on this beautiful riverfront lot located on a cul-de-sac close to Downtown Kennebunk and area amenities. Don't miss out on this opportunity to work one-on-one with a builder to create your perfect home.

Last Agent to Sell the Property

Rebecca Bassett

Kennebunk Beach Realty Listed on: 04/16/2014

Co-Listed By

Sarah Bassett

Kennebunk Beach Realty

Last Buyer's Agent

Kim Jarmas

Kennebunk Beach Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $835

Lot Details

  • 0.99 Acre Lot
  • 156 Feet of Waterfront
  • River Front
  • Cul-De-Sac
  • Lot Has A Rolling Slope
  • Property is zoned VR

Parking

  • No Driveway

Utilities

  • Underground Utilities
  • Natural Gas Not Available

Additional Features

  • Water Views
  • Suburban Location

Listing and Financial Details

  • Tax Lot 103
  • Assessor Parcel Number 39Erica's WayKennebun049103

Community Details

Overview

  • No Home Owners Association
  • Nelson Farm Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Deeded Waterfront Access Rights
  • River Nearby

Property Details

Property Type

Land

Est. Annual Taxes

$835

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.99
  • Road Surface Type: Paved
  • Water Body Name: Mousam River
  • Co List Office Mls Id: 1012
  • Co List Office Phone: 207-967-5481
  • MLS Status: Closed
  • Subdivision Name: Nelson Farm Subdivision
  • Directions: From Downtown Kennebunk - High Street to Cat Mousam Road, Erica's Way is on the right about a mile down. Lot is on the cul-de-sac at the end.
  • Property Information:Lot Size Acres -: 0.99
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Gas:No Gas: Yes
  • Location:Suburban: Yes
  • Recreational Water:RiverBrookStream: Yes
  • Water Info:Waterfront Amount -: 156.0
  • Water Info:Water Frontage Owned -: 156.0
  • Recreational Water:Deeded: Yes
  • Site:RollingSloping: Yes
  • Driveway:No Driveway: Yes
  • Property Information:Deed Restrictions: Yes
  • Utility Info Electric On Site: Yes
  • Site:Cul-De-Sac: Yes
  • Electric:Underground: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Cul-De-Sac, Rolling Slope, Near Turnpike/Interstate, Near Town, Suburban
  • Waterfront Features: River
  • Waterfront: Yes

Garage/Parking

  • Parking Features: No Driveway

Utilities

  • Electric: Underground, On Site
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 43124.4
  • Parcel #: 39Erica's WayKennebun049103
  • Zoning: VR

Tax Info

  • Tax Annual Amount: 835.0
  • Tax Book Number: 10564
  • Tax Lot: 103
  • Tax Map Number: 049
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2021
Sold by
Cottage Advisors Me Llc
Bought by
Padberg Rebecca K
Current Estimated Value
$603,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Outstanding Balance
$329,250
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$272,784

Purchase Details

Closed on
May 29, 2020
Sold by
Padberg Kevin L
Bought by
Padberg Rebecca K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
3.3%
Mortgage Type
VA

Purchase Details

Closed on
May 15, 2018
Sold by
Parker Development Llc
Bought by
Padberg Kevin L and Padberg Rebecca K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 16, 2014
Closed on
Jun 8, 2015
Sold by
Jacobsen Eric J Est
Bought by
Parker Development Llc
Seller's Agent
Rebecca Bassett
Kennebunk Beach Realty
Buyer's Agent
Kim Jarmas
Kennebunk Beach Realty
List Price
$60,000
Sold Price
$43,000
Premium/Discount to List
-$17,000
-28.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.03%
Original Mortgage
$88,000
Interest Rate
3.62%
Mortgage Type
New Conventional
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
Padberg Rebecca K -- None Available
Leal Benjamin -- None Available
Padberg Rebecca K -- None Available
Padberg Kevin L -- --
Parker Development Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leal Benjamin $356,000
Previous Owner Padberg Rebecca K $360,000
Previous Owner Padberg Kevin L $329,488
Previous Owner Padberg Kevin L $335,000
Previous Owner Parker Development Llc $100,000
Previous Owner Parker Development Llc $88,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2015 06/05/15 Sold $43,000 -28.3% --
04/06/2015 04/06/15 Pending -- -- --
04/16/2014 04/16/14 For Sale $60,000 -- --
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 $5,778 $340,900 $74,500 $266,400
2023 $5,471 $340,900 $74,500 $266,400
2022 $4,977 $340,900 $74,500 $266,400
2021 $4,858 $340,900 $74,500 $266,400
2020 $4,824 $340,900 $74,500 $266,400
2019 $4,687 $340,900 $74,500 $266,400
2018 $4,475 $255,700 $55,900 $199,800
2017 $925 $55,900 $55,900 $0
2016 $889 $55,900 $55,900 $0
2015 $855 $55,900 $55,900 $0
2014 -- $55,900 $55,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1129612

Maine Listings

APN: KENB-000049-000000-000103