NOT LISTED FOR SALE

Estimated Value: $2,112,000 - $3,121,627

6 Beds
6 Baths
7,200 Sq Ft
$392/Sq Ft Est. Value

Last Sold June 09, 2022

Last sale price $2,645,000 $367 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $17,454/month

241 Days on Market

Highlights

  • Ocean Front
  • Beach Access
  • Tennis Courts
  • Coastal Ridge Elementary School Rated A-
  • Public Beach
  • 1.1 Acre Lot

About This Home

As of June 2022

A rare opportunity for a discerning buyer. The Cottage at Passaconaway offers a perfectly designed home overlooking the rocky Maine coast at York Cliffs. Over 7,000 sq ft of living space on three levels, each with thoughtfully designed details to maximize comfortable living. The entry level welcomes you into a perfectly round rotunda, with 5 bedrooms divided into two suites on opposing sides. The lower level features a home theatre, fitness studio, garden room, wine cellar, and three car garage. The upper level offers a wide open living space that flows naturally into kitchen, dining, and sitting areas, while the western wing features a magnificent master bedroom suite. Dramatically suspended from the vaulted ceiling of the third level is a private office with majestic ocean views, and a private staircase that raises and lowers at the touch of a button. Outside you will find 3,000 sq ft of covered porch space, a private tennis court, and numerous landscaped sitting areas and alcoves for year round, all weather family enjoyment. From the backyard, follow the short walking path to Pint Cove, one of the only private, oceanfront beaches in all of Maine. Custom built in 1995, the Cottage at Passaconaway features beautiful craftsmanship and a rare level of quality - unimaginable today at even twice the offering price. The spectacular ocean views on both sides of the property are forever protected by deeded view restrictions. This property also has an exceptionally strong history as a luxury, vacation rental, and due to its highly desirable location and magnificent design, currently commands over $18,000 per week during the summer season. Please be sure to watch the short documentary film about the property featuring the home's owner and architect, as well as the 3D Virtual Tour.

Last Agent to Sell the Property

Michael Weisman

EXP Realty Listed on: 04/26/2022

EXP Realty

Co-Listed By

Bentzion Weisman

EXP Realty

Last Buyer's Agent

NON-MREIS AGENT

Non MREIS Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,179

Year Built

  • Built in 1995

Lot Details

  • 1.1 Acre Lot
  • Ocean Front
  • Public Beach
  • Landscaped
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Property is zoned RES-3

Parking

  • 3 Car Direct Access Garage
  • Heated Garage
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Gravel Driveway
  • Off-Street Parking

Property Views

  • Water
  • Scenic Vista
  • Woods

Home Design

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

Interior Spaces

  • 7,200 Sq Ft Home
  • 2 Fireplaces
  • Gas Fireplace
  • Living Room
  • Dining Room
  • Home Office
  • Loft
  • Screened Porch
  • Home Gym

Kitchen

  • Built-In Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary bedroom located on third floor
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Bedroom Suite
  • Soaking Tub and Shower Combination in Primary Bathroom
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Beach Access
  • Property Near A Cove
  • Tennis Courts
  • Balcony
  • Deck
  • Patio

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Oil
  • Radiant Heating System
  • Baseboard Heating
  • Hot Water Heating System
  • Underground Utilities
  • Water Heated On Demand
  • Septic System
  • Private Sewer
  • Internet Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 28
  • Assessor Parcel Number YORK-000013-000000-000028

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,179

Year Built

Built in 1995

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.1
  • Water Body Name: Atlantic Ocean, Pint Cove
  • Co List Office Mls Id: 2742
  • Co List Office Phone: 888-439-8743
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 7200.0
  • Architectural Style: Shingle Style
  • Garage Yn: Yes
  • Year Built: 1995
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.1
  • Property Information:Total Baths: 6.0
  • Property Information:SqFt Finished Above Grade: 7200.0
  • Property Information:Garage: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Water Heater:On Demand: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Property Information:Garage Spaces: 3.0
  • Kitchen Countertop:Granite: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Cooling:Central Air: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Full Bath7: Yes
  • Primary Bedroom Amenities:Suite6: Yes
  • Primary Bedroom Amenities:Walk-in Closet6: Yes
  • Room Features:Suite17: Yes
  • Room Features:Walk-in Closet17: Yes
  • Heat System:Multi-Zones: Yes
  • Heat System:Radiant: Yes
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Office:Office: Yes
  • Appliances Included:Wall Oven: Yes
  • Bedroom 1 Amenities:Full Bath: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Recreational Water:Oceanfront: Yes
  • Primary Bedroom Amenities:Soaking Tub6: Yes
  • Room Features:Soaking Tub17: Yes
  • Water Info:Water Frontage Shared -: 400.0
  • Driveway:Gravel: Yes
  • Dining Room Amenities:Dining Area: Yes
  • Room Features:Dining Area2: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Equipment:Internet Access Available: Yes
  • Site:RollingSloping: Yes
  • Appliances Included:Gas Range: Yes
  • Sewer:Septic Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Property Information:_two_ Detached Houses on 1 Lot: No
  • Equipment:Cable: Yes
  • View:Scenic: Yes
  • Vehicle Storage:Heated: Yes
  • Den:Den: Yes
  • Primary Bedroom Amenities:BalconyDeck6: Yes
  • Room Features:BalconyDeck17: Yes
  • Exercise Room:Exercise Room: Yes
  • Vehicle Storage:_three_ Car: Yes
  • Loft:Loft: Yes
  • Electric:Underground: Yes
  • Style:Shingle Style: Yes
  • Recreational Water:Beach Rights: Yes
  • Primary Bedroom Amenities:Separate Shower6: Yes
  • Room Features:Separate Shower17: Yes
  • Room Features:Gas Fireplace29: Yes
  • Bedroom Amenities 4:Full Bath4: Yes
  • Amenities:Tennis Court: Yes
  • Bedroom 1 Amenities:BalconyDeck: Yes
  • Primary Bedroom Amenities:Gas Fireplace4: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 2
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Wall Oven, Refrigerator, Microwave, Gas Range, Dryer, Dishwasher
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 3
  • Half Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Pantry, Shower, Primary Bedroom w/Bath
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Bedroom 4 Level: Second
  • Dining Room Dining Room Level: Third
  • Kitchen Kitchen Level: Third
  • Living Room Living Room Level: Third
  • Primary Bedroom Primary Bedroom Level: Third
  • Bedroom 1:Bedroom 1 Level: Second
  • Bedroom 5:Bedroom 5 Level: Second

Exterior Features

  • Lot Features: Rolling Slope, Landscaped, Wooded, Near Public Beach, Near Town, Neighborhood
  • View: Scenic, Trees/Woods
  • Waterfront Features: Cove, Ocean
  • Waterfront: Yes
  • Construction Type: Wood Siding, Shingle Siding, Wood Frame
  • Exterior Features: Tennis Court(s)
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Patio, Porch, Screened
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: 5 - 10 Spaces, Gravel, Garage Door Opener, Inside Entrance, Heated Garage, Off Street

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Radiant, Multi-Zones, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Underground, Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 47916.0
  • Parcel #: YORK-000013-000000-000028
  • Zoning: RES-3

Tax Info

  • Tax Annual Amount: 17179.0
  • Tax Book Number: 14510
  • Tax Lot: 28
  • Tax Map Number: 13
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 23, 2023
Sold by
Martin Patrick J
Bought by
Agamenticus Hospitality L
Current Estimated Value
$2,819,407

Purchase Details

Listed on
Apr 26, 2022
Closed on
Jun 8, 2022
Sold by
Monks David E and Monks Nancy L
Bought by
Martin Patrick J
Seller's Agent
Michael Weisman
EXP Realty
Buyer's Agent
NON-MREIS AGENT
Non MREIS Agency
List Price
$2,750,000
Sold Price
$2,645,000
Premium/Discount to List
-$105,000
-3.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.04%
Original Mortgage
$1,851,500
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage
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
Agamenticus Hospitality L -- None Available
Martin Patrick J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martin Patrick J $1,851,500
Previous Owner Monks David E $0
Previous Owner Monks Nancy $75,000
Previous Owner Christopher Springer T $78,500
Previous Owner Christopher Springer T $166,250
Previous Owner Christopher Springer T $1,933,750
Previous Owner Springer Christopher T $1,500,000
Previous Owner Monks Nancy L $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2022 06/09/22 Sold $2,645,000 -3.8% $367 / Sq Ft
05/16/2022 05/16/22 Pending -- -- --
09/16/2021 09/16/21 For Sale $2,750,000 -- $382 / 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 $22,591 $2,689,400 $1,189,700 $1,499,700
2023 $18,616 $2,203,100 $740,300 $1,462,800
2022 $16,828 $1,968,200 $660,900 $1,307,300
2021 $17,283 $1,737,000 $634,500 $1,102,500
2020 $17,179 $1,547,700 $634,500 $913,200
2019 $17,169 $1,539,800 $634,500 $905,300
2018 $8,519 $1,513,400 $608,100 $905,300
2017 $16,371 $1,495,100 $621,300 $873,800
2016 $16,899 $1,515,600 $621,300 $894,300
2015 $16,380 $1,489,100 $594,800 $894,300
2014 $15,933 $1,489,100 $594,800 $894,300
2013 $14,777 $1,416,800 $594,800 $822,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1509167

Maine Listings

APN: YORK-000013-000000-000028