NOT LISTED FOR SALE

406 Mitchell Rd Cape Elizabeth, ME 04107

Estimated Value: $519,000 - $697,000

2 Beds
1.5 Baths
1,600 Sq Ft
$378/Sq Ft Est. Value

Last Sold March 06, 2018

Last sale price $385,000 $241 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $3,741/month

7 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • Wood Flooring
  • Pond Cove Elementary School Rated A
  • Ranch Style House
  • Attic

About This Home

As of March 2018

This updated 1957 ranch rests high on a knoll away from the road. Near conservation trails, schools, beaches, restaurants and shops. System updates include a System 2000 multi-zone forced hot water oil heat system, two Daikin heat pumps for air-conditioning, gas fireplace,new electrical panel and updated interior and exterior lighting.Hardwood floors, stainless appliances, two bedrooms,one and a half bathrooms, and a finished basement with nickel gap, baseboard heat, air, half-bath, recessed lighting and built-ins. Architectural roof installed in 2016. Large deck and stonework/walls w/ professional landscaping provide excellent outdoor space perfect for entertaining. Custom plantation shutters throughout, a hard-wired security system and invisible fencing for dog. This little gem is comfortable and sunny. A small home offering cozy living. This is a wonderful condo alternative or a base home with room for expansion.

Last Agent to Sell the Property

Mary Libby

Legacy Properties Sotheby's International Realty Listed on: 02/16/2018

Last Buyer's Agent

Colleen Bedard

RE/MAX Shoreline

RE/MAX Shoreline

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,832

Year Built

  • Built in 1957

Lot Details

  • 0.34 Acre Lot
  • Landscaped
  • Level Lot
  • Wooded Lot
  • Property is zoned RC

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Furnished
  • Built-In Features
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Sink in Utility Room
  • Home Security System
  • Attic

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Deck

Location

  • Property is near a golf course
  • Suburban Location

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Forced Air Zoned Heating System
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Heat Pump System
  • Baseboard Heating
  • Hot Water Heating System
  • Oil Water Heater
  • Internet Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Community Storage Space

Listing and Financial Details

  • Tax Lot 012
  • Assessor Parcel Number 406MitchellRoadCapeElizabeth

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,832

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.34
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: 77 to Mitchell to #406.
  • Above Grade Finished Sq Ft: 1000.0
  • Architectural Style: Ranch
  • Year Built: 1957
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 0.34
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1000.0
  • Property Information:SqFt Finished Below Grade: 600.0
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Daylight: Yes
  • Percent Basement Finished: Yes
  • Basement:Walkout Access: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Heat Fuel:Propane: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Security System: Yes
  • Amenities:Storage: Yes
  • Heat System:Heat Pump: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Dining Room:Dining Room: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Living Room:Living Room: Yes
  • Location:Suburban: Yes
  • Style:Ranch: Yes
  • Heat System:Multi-Zones: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Attic: Yes
  • Dining Room Amenities:Dining Area: Yes
  • Site:Wooded: Yes
  • Site:RollingSloping: Yes
  • Family Room:Family Room: Yes
  • Appliances Included:Gas Range: Yes
  • Water Heater:Oil2: Yes
  • Equipment:Cable: Yes
  • Amenities:Furniture Included: Yes
  • Laundry Room:Laundry Room: Yes
  • Cooling:AC Units: Yes
  • Living Room Amenities:Gas Fireplace5: Yes
  • Living Room Amenities:Built-Ins14: Yes
  • Laundry Room Amenities:Utility Sink: Yes
  • Heat Fuel:Multi-Fuel System: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Gas Range, Dryer, Disposal, Dishwasher
  • Has Basement: Walk-Out Access, Daylight, Finished, Full
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 600.0
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Furniture Included, 1st Floor Bedroom, Attic, Storage
  • Full Basement: Yes
  • Bedroom 2 Level: First
  • Living Room Living Room Level: First
  • Laundry Room Laundry Room Level: Basement

Exterior Features

  • Lot Features: Level, Rolling Slope, Landscaped, Wooded, Near Golf Course, Near Shopping, Neighborhood, Suburban
  • Waterfront: No
  • Construction Type: Wood Siding, Shingle Siding, Wood Frame
  • Exterior Features: Animal Containment System
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Utility Sink
  • Security: Security System
  • Cooling: A/C Units, Multi Units
  • Cooling Y N: Yes
  • Heating: Multi-Zones, Hot Water, Heat Pump, Forced Air, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 14810.4
  • Parcel #: 406MitchellRoadCapeElizabeth
  • Zoning: RC

Tax Info

  • Tax Annual Amount: 3832.0
  • Tax Book Number: 31744
  • Tax Lot: 012
  • Tax Map Number: 431
  • Tax Year: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2018
Closed on
Mar 7, 2018
Sold by
Libby Mary E
Bought by
Dugan Marilyn S
Seller's Agent
Mary Libby
Legacy Properties Sotheby's International Realty
Buyer's Agent
Colleen Bedard
RE/MAX Shoreline
List Price
$392,000
Sold Price
$385,000
Premium/Discount to List
-$7,000
-1.79%
Total Days on Market
7
Current Estimated Value
$605,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,163
Avg. Annual Appreciation
7.02%

Purchase Details

Closed on
May 22, 2017
Sold by
Susan A Jurgilas
Bought by
Libby Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Outstanding Balance
$74,852
Interest Rate
4.1%
Mortgage Type
Unknown
Estimated Equity
$554,281

Purchase Details

Listed on
Jul 24, 2014
Closed on
Aug 29, 2014
Sold by
Smith James L and Smith Jacquline Y
Bought by
Libby Mary E
Seller's Agent
Laura Byther
RE/MAX Realty One
Buyer's Agent
Mary Libby
RE/MAX By The Bay
List Price
$214,900
Sold Price
$211,000
Premium/Discount to List
-$3,900
-1.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.69%
Original Mortgage
$201,810
Interest Rate
4.14%
Mortgage Type
FHA
Source: Public Records

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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
Dugan Marilyn S -- --
Libby Mary -- --
Libby Mary E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Libby Mary E $95,000
Closed Libby Mary $95,000
Closed Libby Mary --
Previous Owner Libby Mary E $202,657
Previous Owner Libby Mary E $201,810
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2018 03/06/18 Sold $385,000 -1.8% $241 / Sq Ft
02/24/2018 02/24/18 Pending -- -- --
02/16/2018 02/16/18 For Sale $392,000 +85.8% $245 / Sq Ft
08/29/2014 08/29/14 Sold $211,000 -1.8% $133 / Sq Ft
07/29/2014 07/29/14 Pending -- -- --
07/24/2014 07/24/14 For Sale $214,900 -- $136 / 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 $6,346 $576,900 $283,400 $293,500
2023 $12,363 $553,400 $283,400 $270,000
2022 $4,725 $223,400 $116,900 $106,500
2021 $4,526 $223,400 $116,900 $106,500
2020 $4,506 $226,200 $119,700 $106,500
2019 $4,452 $226,200 $119,700 $106,500
2018 $4,302 $226,200 $119,700 $106,500
2017 $3,832 $212,900 $106,400 $106,500
2016 $3,734 $212,900 $106,400 $106,500
2015 $3,594 $212,900 $106,400 $106,500
2013 $3,466 $212,900 $106,400 $106,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1338876

Maine Listings

APN: CAPE-031012U