NOT LISTED FOR SALE

40 Atlantic Way Freeport, ME 04032

Estimated Value: $2,776,000 - $3,728,981

5 Beds
5.5 Baths
6,392 Sq Ft
$520/Sq Ft Est. Value

Last Sold May 15, 2014

Last sale price $2,095,000 $328 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $20,344/month

35 Days on Market

Highlights

  • 220 Feet of Waterfront
  • Deep Water Access
  • 2.57 Acre Lot
  • Mast Landing School Rated A
  • Spa
  • Deck

About This Home

As of May 2014

Exceptional waterfront home w/superb quality & workmanship throughout. Open & sunny floor plan w/decks, covered porches & stone terrace provide sweeping water views. Features include 5 fireplaces, spa area w/sauna & steam rooms, exercise room, theater.

Last Agent to Sell the Property

John Saint-Amour

LandVest, Inc. Listed on: 03/01/2014

Co-Listed By

Karen Reiche

LandVest, Inc.

Last Buyer's Agent

Thomas Kruzshak

Legacy Properties Sotheby's International Realty

Legacy Properties Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,955

Year Built

  • Built in 2007

Lot Details

  • 2.57 Acre Lot
  • 220 Feet of Waterfront
  • Ocean Front
  • Property Fronts a Bay or Harbor
  • Property fronts a private road
  • Rural Setting
  • Landscaped
  • Property is zoned Shoreland

Property Views

  • Water
  • Scenic Vista

Home Design

  • Contemporary Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Wood Roof
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Gas Fireplace
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Direct Access Garage
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Spa
  • Deep Water Access
  • Deck

Utilities

  • Central Air
  • Heating System Uses Propane
  • Radiant Heating System
  • Baseboard Heating
  • Hot Water Heating System
  • Power Generator
  • Private Water Source
  • Well
  • Septic System
  • Septic Design Available
  • Internet Available
  • Cable TV Available

Community Details

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

Listing and Financial Details

  • Tax Lot 14-3
  • Assessor Parcel Number 40Atlantic WayFreeport1914-3

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,955

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.57
  • Road Frontage Type: Private
  • Water Body Name: Maquoit Bay
  • Co List Office Mls Id: 1475
  • Co List Office Phone: 207-774-8518
  • MLS Status: Closed
  • Directions: Bow Street to Flying Point Road, bear left staying on Flying Point Road to Atlantic Way on right. Last house on the right is #40.
  • Above Grade Finished Sq Ft: 4657.0
  • Architectural Style: Contemporary, Shingle Style
  • Garage Yn: Yes
  • Year Built: 2007
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 2.57
  • Property Information:Total Baths: 6.0
  • Property Information:SqFt Finished Above Grade: 4657.0
  • Property Information:SqFt Finished Below Grade: 1735.0
  • Property Information:Garage: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Exterior:Shingle Siding: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Propane: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Amenities:Security System: Yes
  • Roads:Private: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Cooling:Central Air: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Living Room:Living Room: Yes
  • Heat System:Radiant: Yes
  • Exterior:Wood Siding: Yes
  • Recreational Water:Oceanfront: Yes
  • Living Room Amenities:Wood Burning Fireplace14: Yes
  • Location:Rural: Yes
  • Water Info:Waterfront Amount -: 220.0
  • Water Info:Water Frontage Owned -: 220.0
  • Recreational Water:Waterfront Deep: Yes
  • Water:Private2: Yes
  • Dining Room Amenities:Dining Area: Yes
  • Equipment:Internet Access Available: Yes
  • Family Room:Family Room: Yes
  • Property Information:Deed Restrictions: Yes
  • Appliances Included:Gas Range: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Sewer:Septic Design Available: Yes
  • Equipment:Cable: Yes
  • View:Scenic: Yes
  • Equipment:Generator: Yes
  • Floors:Concrete2: Yes
  • Style:Shingle Style: Yes
  • Amenities:Hot Tub: Yes
  • Family Room Amenities:Gas Fireplace9: Yes
  • Primary Bedroom Amenities:Gas Fireplace4: Yes
  • Roof:Wood: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Private Spa: Yes
  • Appliances: Washer, Refrigerator, Gas Range, Dryer, Dishwasher
  • Has Basement: Finished, Full, Walk-Out Access
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1735.0
  • Interior Amenities: 1st Floor Bedroom, Other, Primary Bedroom w/Bath
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Bedroom 4 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Landscaped, Near Shopping, Rural, Subdivided
  • View: Scenic
  • Waterfront Features: Bay, Ocean
  • Waterfront: Yes
  • Construction Type: Wood Siding, Shingle Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Wood
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: 1 - 4 Spaces, Paved, Garage Door Opener, Inside Entrance

Utilities

  • Laundry Features: Upper Level
  • Security: Security System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Radiant, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Design Available, Septic Existing on Site
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 111949.2
  • Parcel #: 40Atlantic WayFreeport1914-3
  • Zoning: Shoreland

Tax Info

  • Tax Annual Amount: 21955.0
  • Tax Book Number: 27584
  • Tax Lot: 14-3
  • Tax Map Number: 19
  • Tax Year: 13

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Fine David A $957,000
Closed Fine David A $1,300,000
Closed Christensen Marc D $1,777,500
Closed Christensen Marc D $1,350,000
Closed Christensen Marc D $180,000
Closed Christensen Marc D $756,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2014 05/15/14 Sold $2,095,000 0.0% $328 / Sq Ft
04/05/2014 04/05/14 Pending -- -- --
03/01/2014 03/01/14 For Sale $2,095,000 -- $328 / 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 $33,654 $2,520,900 $1,118,800 $1,402,100
2023 $30,745 $2,236,000 $1,016,800 $1,219,200
2022 $29,678 $2,174,200 $909,000 $1,265,200
2021 $29,030 $2,174,500 $909,000 $1,265,500
2020 $28,087 $2,006,200 $841,700 $1,164,500
2019 $27,027 $1,890,000 $794,000 $1,096,000
2018 $27,593 $1,833,400 $807,900 $1,025,500
2017 $25,757 $1,722,900 $743,100 $979,800
2016 $24,760 $1,567,100 $662,500 $904,600
2015 $24,294 $1,446,100 $587,000 $859,100
2014 $22,848 $1,446,100 $587,000 $859,100
2013 $21,955 $1,385,200 $558,500 $826,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1128167

Maine Listings

APN: FPRT-000019-000014-000003