NOT LISTED FOR SALE

4 Elmwood Rd Cape Elizabeth, ME 04107

Estimated Value: $828,000 - $869,000

12 Beds
2 Baths
1,840 Sq Ft
$460/Sq Ft Est. Value

Last Sold August 29, 2022

Last sale price $720,000 $391 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $5,241/month

5 Days on Market

Highlights

  • Nearby Water Access
  • Public Beach
  • Deck
  • Pond Cove Elementary School Rated A
  • Scenic Views
  • Wood Flooring

About This Home

As of August 2022

Hard to find 2-Unit Bungalow in the Mountain View Park neighborhood of Cape Elizabeth. First time on the market in over 50 years and just a few blocks from Cliff House Beach. This property is ideal for someone looking for a great investment, to live in one unit and generate income from the other or convert to a single-family home. Lots of period charm, great natural light, built-ins and less than 12 minutes to Portland Old Port and JetPort. One will certainly appreciate the quiet neighborhood, manageable lawn care, rear decking and 2 separate driveways.
For a video walk-thru go to YouTube and enter the property address.

Last Agent to Sell the Property

The Marc Gup

Keller Williams Realty Listed on: 07/20/2022

Keller Williams Realty

Last Buyer's Agent

Taylor McFarlane

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,736

Year Built

  • Built in 1900

Lot Details

  • 8,712 Sq Ft Lot
  • Public Beach
  • Landscaped
  • Level Lot
  • Open Lot

Home Design

  • Bungalow
  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Shingle Siding

Interior Spaces

  • 1,840 Sq Ft Home
  • Double Pane Windows
  • Scenic Vista Views
  • Storm Doors
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub

Unfinished Basement

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

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Nearby Water Access
  • Deck
  • Porch

Utilities

  • No Cooling
  • Radiator
  • Heating System Uses Oil
  • Hot Water Heating System
  • Electric Water Heater
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number CAPE-003020U

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $10,298
  • Gross Income $22,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,736

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Shore Rd (near Cliff House Beach) to Cottage Farm Rd to Elmwood.
  • Above Grade Finished Sq Ft: 1840.0
  • Architectural Style: Bungalow
  • Garage Yn: No
  • Efficiency: Storm Doors, Double Pane Windows
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.2
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1840.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Storage: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Basement:Unfinished: Yes
  • Amenities:Walk-in Closets: Yes
  • Style:Bungalow: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:BrickMortar2: Yes
  • Income Expenses Gross Income: 22800.0
  • Income Expenses Operating Expenses: 10298.0
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Gas:Natural - At Street: Yes
  • Recreational Water:Nearby: Yes
  • Equipment:Internet Access Available: Yes
  • Equipment:Cable: Yes
  • View:Scenic: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Water Heater:Tank: Yes
  • Heat System:Radiator: Yes
  • Foundation Materials:Granite2: Yes
  • Energy Efficiency:Storm Doors: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Flooring: Wood, Vinyl
  • Interior Amenities: 1st Floor Bedroom, Bathtub, Walk-In Closet(s), Storage
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Sidewalks, Landscaped, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood
  • View: Scenic
  • Waterfront: No
  • Construction Type: Shingle Siding, Wood Frame
  • Foundation Details: Granite, Brick/Mortar
  • Patio And Porch Features: Deck, Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiator, Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8712.0
  • Parcel #: CAPE-003020U
  • Zoning: RC

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 22800.0
  • Annual Operating Expense: 10298.0

Tax Info

  • Tax Annual Amount: 2736.11
  • Tax Book Number: 35908
  • Tax Lot: 20
  • Tax Map Number: U03
  • Tax Year: 21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2022
Closed on
Aug 29, 2022
Sold by
Peter Elmwood Llc
Bought by
Ahearn Marie and Knauft Mary E
Seller's Agent
The Marc Gup
Keller Williams Realty
Buyer's Agent
Taylor McFarlane
Keller Williams Realty
List Price
$595,000
Sold Price
$720,000
Premium/Discount to List
$125,000
21.01%
Current Estimated Value
$846,978

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,978
Avg. Annual Appreciation
7.26%

Purchase Details

Closed on
Jul 2, 2019
Sold by
Mezoian Anthony P Est
Bought by
Anthony P Mezoian Lt

Purchase Details

Closed on
Sep 8, 2009
Sold by
Mezoian Ann L Est
Bought by
Ann L Mezoian Ft
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ahearn Marie $720,000 None Available
Anthony P Mezoian Lt -- --
Ann L Mezoian Ft -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2022 08/29/22 Sold $720,000 +21.0% $391 / Sq Ft
07/26/2022 07/26/22 Pending -- -- --
07/20/2022 07/20/22 For Sale $595,000 -- $323 / 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 $7,940 $721,800 $480,400 $241,400
2023 $16,125 $721,800 $480,400 $241,400
2022 $5,713 $270,100 $109,000 $161,100
2021 $5,472 $270,100 $109,000 $161,100
2020 $5,464 $270,100 $109,000 $161,100
2019 $5,316 $270,100 $109,000 $161,100
2018 $5,137 $270,100 $109,000 $161,100
2017 $4,862 $270,100 $109,000 $161,100
2016 $4,738 $270,100 $109,000 $161,100
2015 $4,559 $270,100 $109,000 $161,100
2013 $4,397 $270,100 $109,000 $161,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1537070

Maine Listings

APN: CAPE-003020U