NOT LISTED FOR SALE

39 Erica's Way Kennebunk, ME 04043

Estimated Value: $569,000 - $778,000

0.99 Acre
$656,763 Price per Acre
43,124 Sq Ft Lot

Last Sold June 05, 2015

Last sale price $43,000

Est. 1,412% increase in value since last sale

Current estimated payment $3,916/month

354 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 156 Feet of Waterfront
  • No HOA
  • Kennebunk High School Rated 9+
  • 0.99 Acre Lot
  • Cul-De-Sac

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:Seasonal: No
  • 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
$650,195

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
29.20%
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

  • R

    Seller's Agent in 2015

    Rebecca Bassett

    Kennebunk Beach Realty

  • S

    Seller Co-Listing Agent in 2015

    Sarah Bassett

    Kennebunk Beach Realty

  • K

    Buyer's Agent in 2015

    Kim Jarmas

    Kennebunk Beach Realty

See All Agents

Map

Source: Maine Listings

MLS Number: 1129612

Maine Listings

APN: KENB-000049-000000-000103

Maine York County Kennebunk 04043

39 Erica's Way, Kennebunk, ME

This home is located at 39 Erica's Way, Kennebunk, ME 04043 since 16 April 2014 and is currently estimated at $650,195. 39 Erica's Way is a home located in York County with nearby schools including Kennebunk High School and The New School.

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