NOT LISTED FOR SALE

43 Spar Cove Rd Freeport, ME 04032

South Freeport Neighborhood

Estimated Value: $1,010,675 - $1,251,000

2 Beds
1.5 Baths
1,872 Sq Ft
$615/Sq Ft Est. Value

Last Sold February 10, 2015

Last sale price $502,000 $268 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $7,096/month

31 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 250 Feet of Waterfront
  • 1.74 Acre Lot
  • Mast Landing School Rated A
  • Docks
  • Cape Cod Architecture

About This Home

As of February 2015

Rare South Freeport listing on Spar Cove. Wide open lot features strong views of the cove & Harraseeket. Property consists of 2BR home & detached garage/office. New System 2000 boiler, newer kitchen. Tidal pier, ramp & float. Prime investment opportunity.

Last Agent to Sell the Property

Glenn Jonsson

Legacy Properties Sotheby's International Realty Listed on: 11/19/2014

Legacy Properties Sotheby's International Realty

Last Buyer's Agent

Laurie Haggerty

Roxanne York Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,102

Year Built

  • Built in 1984

Lot Details

  • 1.74 Acre Lot
  • 250 Feet of Waterfront
  • Ocean Front
  • Street terminates at a dead end
  • Open Lot
  • Lot Has A Rolling Slope
  • Property is zoned RP1

Property Views

  • Water
  • Scenic Vista

Home Design

  • Cape Cod Architecture
  • New Englander Architecture
  • Cottage
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,872 Sq Ft Home
  • Living Room with Fireplace
  • Dining Room
  • Home Office

Kitchen

  • Gas Range
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Crawl Space

Parking

  • Detached Garage
  • Parking Storage or Cabinetry
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Deeded Waterfront Access Rights
  • Access to Tidal Water
  • Property Near A Cove
  • Docks
  • Deck
  • Outbuilding

Location

  • Suburban Location

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Gas
  • Heating System Uses Propane
  • Hot Water Heating System
  • Generator Hookup
  • Private Water Source
  • Gas Water Heater
  • Private Sewer
  • Cable TV Available

Community Details

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

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 43Spar Cove RoadFreeport281

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,102

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.74
  • Road Surface Type: Paved
  • Water Body Name: Spar Cove Atlantic Ocean
  • MLS Status: Closed
  • Subdivision Name: Road Association
  • Directions: From Staples Point Rd, heading towards Winslow Park, make left onto Spar Cove Rd to #43 on left.
  • Above Grade Finished Sq Ft: 1872.0
  • Architectural Style: Cottage, Cape, New Englander
  • Garage Yn: Yes
  • Year Built: 1984
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 1.74
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1872.0
  • Property Information:Garage: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Water Heater:Gas: Yes
  • Heat Fuel:Electric: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Location:Suburban: Yes
  • Roof:Composition2: Yes
  • Heat System:Multi-Zones: Yes
  • Amenities:Bathtub: Yes
  • Office:Office: Yes
  • Basement:Crawl Space: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Recreational Water:Oceanfront: Yes
  • Living Room Amenities:Wood Burning Fireplace14: Yes
  • Roads:Dead End: Yes
  • Water Info:Waterfront Amount -: 250.0
  • Water Info:Water Frontage Owned -: 250.0
  • Recreational Water:Deeded: Yes
  • Style:Cottage: Yes
  • Water:Private2: Yes
  • Site:RollingSloping: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Property Information:Deed Restrictions: Yes
  • Appliances Included:Gas Range: Yes
  • Equipment:Cable: Yes
  • Vehicle Storage:Storage Above: Yes
  • View:Scenic: Yes
  • Utility Info Electric On Site: Yes
  • Recreational Water:Waterfront Tidal: Yes
  • Recreational Water:Dock: Yes
  • Style:New Englander: Yes
  • Other Structures:Out Building: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Gas Range, Dryer, Disposal
  • Has Basement: Crawl Space, Full, Exterior Entry, Bulkhead, Unfinished
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: 1st Floor Bedroom, Bathtub
  • Full Basement: Yes
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First

Exterior Features

  • Lot Features: Open Lot, Rolling Slope, Neighborhood, Suburban
  • View: Scenic
  • Waterfront Features: Cove, Ocean
  • Waterfront: Yes
  • Construction Type: Shingle Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved, Garage Door Opener, Detached, Storage

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water
  • Heating Yn: Yes
  • Electric: On Site, Generator Hookup, Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 75794.4
  • Parcel #: 43Spar Cove RoadFreeport281
  • Zoning: RP1

Tax Info

  • Tax Annual Amount: 7102.0
  • Tax Book Number: 13014
  • Tax Lot: 1
  • Tax Map Number: 28
  • Tax Year: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 6, 2018
Sold by
Blanchard Lisa M
Bought by
Lisa M Blanchard Ret
Total Days on Market
31
Current Estimated Value
$1,152,169

Purchase Details

Listed on
Nov 19, 2014
Closed on
Feb 13, 2015
Sold by
Stebbins William B and Stebbins Susan K
Bought by
Blanchard 3Rd Raleigh T and Blanchard Lisa M
Seller's Agent
Glenn Jonsson
Legacy Properties Sotheby's International Realty
Buyer's Agent
Laurie Haggerty
Roxanne York Real Estate
List Price
$529,000
Sold Price
$502,000
Premium/Discount to List
-$27,000
-5.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.38%
Original Mortgage
$401,600
Outstanding Balance
$312,706
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$839,463
Source: Public Records

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Range of Values:

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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
Lisa M Blanchard Ret -- --
Blanchard 3Rd Raleigh T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blanchard 3Rd Raleigh T $401,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2015 02/10/15 Sold $502,000 -5.1% $268 / Sq Ft
12/21/2014 12/21/14 Pending -- -- --
11/19/2014 11/19/14 For Sale $529,000 -- $283 / 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 $11,781 $882,500 $581,000 $301,500
2023 $11,000 $800,000 $528,100 $271,900
2022 $10,180 $745,800 $472,900 $272,900
2021 $9,224 $741,900 $472,900 $269,000
2020 $8,919 $662,100 $437,900 $224,200
2019 $8,920 $623,800 $413,100 $210,700
2018 $8,657 $575,200 $377,600 $197,600
2017 $8,031 $537,200 $349,000 $188,200
2016 $7,766 $491,500 $317,000 $174,500
2015 $7,720 $459,500 $293,700 $165,800
2014 $7,260 $459,500 $293,700 $165,800
2013 $6,838 $431,400 $271,600 $159,800
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2015

    Glenn Jonsson

    Legacy Properties Sotheby's International Realty

    (207) 776-0036

    1 in this area

    27 Total Sales

    Glenn Jonsson
    Section Image

  • L

    Buyer's Agent in 2015

    Laurie Haggerty

    Roxanne York Real Estate

    (207) 751-9094

    1 in this area

    128 Total Sales

    Laurie Haggerty
    Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1160678

Maine Listings

APN: FPRT-000028-000001

Maine Cumberland County Freeport 04032 South Freeport

43 Spar Cove Rd, Freeport, ME

This home is located at 43 Spar Cove Rd, Freeport, ME 04032 since 19 November 2014 and is currently estimated at $1,152,169, approximately $615 per square foot. This property was built in 1984. 43 Spar Cove Rd is a home located in Cumberland County with nearby schools including Morse Street School, Mast Landing School, and Freeport Middle School.

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