NOT LISTED FOR SALE

Estimated Value: $1,097,000 - $1,333,316

1.64 Acres
$736,786 Price per Acre
71,438 Sq Ft Lot

Last Sold October 01, 2021

Last sale price $399,000

Est. 203% increase in value since last sale

Current estimated payment $7,442/month

172 Days on Market

Highlights

  • 101 Feet of Waterfront
  • Access to Tidal Water
  • Country Club
  • Saco Middle School Rated A-
  • Public Beach
  • 1.64 Acre Lot

About This Lot

As of October 2021

This stunning waterfront parcel is waiting for one to build their dream. 1.64 acres of rolling fields that flow to over 100' on the Saco River and offers some wooded property. Only 2.4 miles by boat to the Atlantic.. The building envelope is elevated and south facing for full solar benefit and captures expansive water and westerly sunset views. Build your dream home. There has been a three level architecturally designed home created for versatility offering up to 4 bedrooms, four and a 900 square foot in-law/care taker suite with separate entrance. Underground utilities (public water, public sewer and electric) are stubbed to this shovel ready parcel. 4 Cocktail Cove is close to beaches and a full service Marina which is only one street away. If desired you can install your own dock for kayaking, fishing, and other waterfront recreation.

Last Agent to Sell the Property

John Hatcher

Keller Williams Realty Listed on: 02/12/2021

Keller Williams Realty

Co-Listed By

Kerry Buthy

EXP Realty

Last Buyer's Agent

Tyler Fournier

Berkshire Hathaway HomeServices Verani Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,502

Lot Details

  • 1.64 Acre Lot
  • 101 Feet of Waterfront
  • River Front
  • Property fronts a private road
  • Public Beach
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Property is zoned RP

Parking

  • No Driveway

Property Views

  • Water
  • Scenic Vista
  • Woods

Utilities

  • Underground Utilities
  • Natural Gas Not Available

Additional Features

  • Property is near a golf course
  • Pasture

Listing and Financial Details

  • Tax Lot 001
  • Assessor Parcel Number SACO-000017-000045-000001

Community Details

Overview

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

Recreation

  • Country Club
  • Access to Tidal Water
  • Nearby Water Access
  • Deep Water Access

Property Details

Property Type

Land

Est. Annual Taxes

$2,502

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 1.64
  • Road Frontage Type: Private
  • Water Body Name: Saco River
  • Co List Office Mls Id: 1909
  • Co List Office Phone: 207-775-2121
  • MLS Status: Closed
  • Directions: Ferry Road Saco to Cocktail Cove, drive to end of road, lot is at end. Input 169 Ferry Rd. Saco into GPS
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.64
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Roads:Private: Yes
  • Gas:No Gas: Yes
  • Location:Near Public Beach: Yes
  • Recreational Water:Nearby: Yes
  • Water Info:Waterfront Amount -: 100.56
  • Water Info:Water Frontage Owned -: 100.56
  • Recreational Water:Waterfront Deep: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Site:RollingSloping: Yes
  • Driveway:No Driveway: Yes
  • Property Information:Deed Restrictions: Yes
  • View:Scenic: Yes
  • Property Information:Mobile Homes Allowed: No
  • Location:Near Country Club: Yes
  • Recreational Water:Waterfront Tidal: Yes
  • Site:PastureField: Yes
  • Transportation:Deep Water Access: Yes
  • Electric:Underground: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Rolling Slope, Wooded, Pasture, Near Golf Course, Near Public Beach, Near Shopping, Near Town
  • View: Scenic, Trees/Woods
  • Waterfront Features: River
  • Waterfront: Yes

Garage/Parking

  • Parking Features: No Driveway

Utilities

  • Electric: Underground
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 71438.4
  • Parcel #: SACO-000017-000045-000001
  • Zoning: RP

Tax Info

  • Tax Annual Amount: 2502.0
  • Tax Book Number: 17630
  • Tax Lot: 001
  • Tax Map Number: 17
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2021
Closed on
Oct 1, 2021
Sold by
Madden Thomas C and Madden Diane S
Bought by
Laing Kara M and Laing Sanford-Launder A
Seller's Agent
John Hatcher
Keller Williams Realty
Buyer's Agent
Tyler Fournier
Berkshire Hathaway HomeServices Verani Realty
List Price
$399,000
Sold Price
$399,000
Current Estimated Value
$1,208,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$809,329
Avg. Annual Appreciation
31.56%
Original Mortgage
$259,350
Outstanding Balance
$239,233
Interest Rate
3.63%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$969,096
Source: Public Records

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
Laing Kara M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Laing Kara M $259,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2021 10/01/21 Sold $399,000 0.0% --
08/04/2021 08/04/21 Pending -- -- --
02/12/2021 02/12/21 For Sale $399,000 -- --
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 $12,437 $885,200 $201,400 $683,800
2023 $13,057 $885,200 $201,400 $683,800
2022 $3,123 $170,400 $153,500 $16,900
2021 $2,639 $139,800 $139,800 $0
2020 $2,502 $127,200 $127,200 $0
2019 $2,465 $127,200 $127,200 $0
2018 $2,360 $121,800 $121,800 $0
2017 $4,773 $246,300 $246,300 $0
2016 $3,391 $174,600 $174,600 $0
2015 $3,356 $174,600 $174,600 $0
2014 $3,251 $174,600 $174,600 $0
2013 $3,552 $191,200 $191,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1482000

Maine Listings

APN: SACO-000017-000045-000001