NOT LISTED FOR SALE

4 Old Mill Rd Cape Elizabeth, ME 04107

Estimated Value: $620,087 - $1,109,000

3.74 Acres
$228,172 Price per Acre
162,914 Sq Ft Lot

Last Sold May 30, 2019

Last sale price $330,000

Est. 159% increase in value since last sale

Current estimated payment $838,550/month

77 Days on Market

Highlights

  • Nearby Water Access
  • Public Beach
  • 3.74 Acre Lot
  • Pond Cove Elementary School Rated A
  • Scenic Views
  • Wooded Lot

About This Lot

As of May 2019

Rare opportunity to build your dream single family home. 3.75 Acre private estate lot off Old Ocean House Rd. Level open lot. Survey, soils, and septic design available upon request. Bring your own builder. Association fees TBD.

Last Agent to Sell the Property

Frank Strout

RE/MAX Oceanside Listed on: 02/25/2019

RE/MAX Oceanside

Last Buyer's Agent

Frank Strout

RE/MAX Oceanside Listed on: 02/25/2019

RE/MAX Oceanside

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,947

Lot Details

  • 3.74 Acre Lot
  • Public Beach
  • Street terminates at a dead end
  • Rural Setting
  • Corner Lot
  • Level Lot
  • Wooded Lot
  • Property is zoned RA

HOA Fees

  • HOA YN

Parking

  • No Driveway

Property Views

  • Scenic Vista Views

Utilities

  • Electricity Not Available
  • Natural Gas Not Available
  • Perc Test On File For Septic Tank
  • Septic Needed
  • Septic Design Available

Listing and Financial Details

  • Tax Lot 14-005
  • Assessor Parcel Number CAPE-002014R-000005

Community Details

Overview

  • Old Mill Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Nearby Water Access

Property Details

Property Type

Land

Est. Annual Taxes

$4,947

Lot Details

0

HOA Fees

$833,333 per month

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 3.74
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: Old Mill
  • Directions: Rt 77 Left on Old Ocean House to Old Mill Rd on left
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 3.74
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water:Public3: Yes
  • Location Information:Association Fee: 9999999.0
  • Location Information:Fee Frequency Paid: Annually
  • Gas:No Gas: Yes
  • Location:Near Public Beach: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Location:Rural: Yes
  • Roads:Dead End: Yes
  • Site:Wooded: Yes
  • Driveway:No Driveway: Yes
  • Property Information:Deed Restrictions: Yes
  • Property Information:Bank Owned REO: No
  • Sewer:Septic Design Available: Yes
  • View:Scenic: Yes
  • Electric:No Electric: Yes
  • Sewer:Septic Needed: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Corner Lot, Level, Wooded, Near Public Beach, Rural
  • View: Scenic
  • Waterfront: No

Garage/Parking

  • Parking Features: No Driveway

Utilities

  • Electric: No Electric
  • Sewer: Perc Test On File, Septic Design Available, Septic Needed
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 9999999.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 162914.4
  • Parcel #: CAPE-002014R-000005
  • Zoning: RA

Tax Info

  • Tax Annual Amount: 4947.0
  • Tax Book Number: 30597
  • Tax Lot: 14-005
  • Tax Map Number: R02
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2019
Closed on
May 29, 2019
Sold by
Thomas Christina P
Bought by
Staley Patricia V and Staley James D
Seller's Agent
Frank Strout
RE/MAX Oceanside
Buyer's Agent
Frank Strout
RE/MAX Oceanside
List Price
$349,900
Sold Price
$330,000
Premium/Discount to List
-$19,900
-5.69%
Current Estimated Value
$853,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$523,362
Avg. Annual Appreciation
10.67%

Purchase Details

Listed on
Feb 25, 2019
Closed on
Apr 4, 2019
Sold by
Thomas Christina P and Thomas Henry B
Bought by
Thomas Christina P
Seller's Agent
Frank Strout
RE/MAX Oceanside
Buyer's Agent
Frank Strout
RE/MAX Oceanside
List Price
$349,900
Sold Price
$330,000
Premium/Discount to List
-$19,900
-5.69%
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
Staley Patricia V -- --
Staley Patricia V -- --
Thomas Christina P -- --
Thomas Christina P -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2019 05/30/19 Sold $330,000 -5.7% --
05/14/2019 05/14/19 Pending -- -- --
02/25/2019 02/25/19 For Sale $349,900 -- --
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 $6,799 $618,100 $618,100 $0
2023 $14,534 $650,600 $650,600 $0
2022 $5,501 $260,100 $260,100 $0
2021 $5,270 $260,100 $260,100 $0
2020 $5,181 $260,100 $260,100 $0
2019 $5,119 $260,100 $260,100 $0
2018 $4,947 $260,100 $260,100 $0
2017 $4,682 $260,100 $260,100 $0
2016 $4,562 $260,100 $260,100 $0
2015 $4,390 $260,100 $260,100 $0
2013 $4,234 $260,100 $260,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1405130

Maine Listings

APN: CAPE-002014R-000005