Seller's Agent in 2020
David Banks
RE/MAX
(207) 773-2345
58 in this area
1,016 Total Sales
46 Folly Cove Rd Yarmouth, ME 04096
Estimated Value: $3,497,127 - $4,129,000
5
Beds
4.5
Baths
4,884
Sq Ft
$781/Sq Ft
Est. Value
Highlights
- Deeded Waterfront Access Rights
- 287 Feet of Waterfront
- Country Club
- William H. Rowe School Rated A-
- Public Beach
- New Construction
About This Home
As of November 2020Delight in casual elegance with a modern flair along the shores of Princes Point. Designed and built by Nicola's Home, Folly Cove exudes an effortlessly cool vibe, blending coastal surroundings with bespoke selections and imaginative textures. The 5 bedroom, 4.5 bath home orients west across the calm waters of Broad Cove, with sunset views rarely found along the Maine shoreline. Through the dual french doors flanking the gracious covered porch--ideal for morning coffee, but with ample room for an intimate outdoor dinner party--you enter the premier kitchen and adjoining pantry designed for entertaining. Complete with two ovens and gas range, 4 dishwashers, two refrigerators, beverage fridge, full sized wine cooler, and bar ice maker, the functionality of the space is surpassed only by its clean design and custom elements. The open concept layout floods the space with light through oversized Anderson Windows, and sliders leading to the covered rear porch invite sunset views and oceanside relaxation. The first floor primary suite features a stunning open double rain shower along a wall of marble. The 4 additional upstairs bedrooms feature two oceanside suites. The neatly designed space over the 3-car garage provides the perfect game room or media room. With rights to join the deep water dock association at Princes Point, plus easy access to Yarmouth Village and Downtown Portland, this fine property promises a lifestyle worthy of pursuit.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $15,925
Year Built
- Built in 2020 | New Construction
Lot Details
- 1.4 Acre Lot
- 287 Feet of Waterfront
- Ocean Front
- Property fronts a private road
- Public Beach
- Fenced
- Landscaped
- Open Lot
- Irrigation
- Property is zoned LDR, RP
Parking
- 3 Car Garage
Property Views
- Water
- Scenic Vista
Home Design
- Farmhouse Style Home
- Concrete Foundation
- Wood Frame Construction
- Shingle Roof
- Wood Roof
- Clap Board Siding
- Shingle Siding
- Concrete Perimeter Foundation
- Clapboard
Interior Spaces
- 4,884 Sq Ft Home
- Gas Fireplace
- Family Room
- Dining Room
- Bonus Room
- Sun or Florida Room
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Gas Range
- Microwave
- Dishwasher
- Kitchen Island
- Marble Countertops
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Main Floor Bedroom
- En-Suite Primary Bedroom
- En-Suite Bathroom
- Walk-In Closet
- Bathtub
Laundry
- Laundry on upper level
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Outdoor Features
- Deeded Waterfront Access Rights
- Access to Tidal Water
- Deep Water Access
- Property Near A Cove
- Porch
Location
- Property is near a golf course
- Suburban Location
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Heating System Uses Propane
- Water Heated On Demand
- Private Sewer
Listing and Financial Details
- Tax Lot 070
- Assessor Parcel Number YMTH-000024-000000-000070
Community Details
Overview
- No Home Owners Association
- Princes Point Subdivision
- Near Conservation Area
Amenities
- Community Storage Space
Recreation
- Country Club
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 26, 2018
Closed on
Oct 17, 2019
Sold by
Folly Cove Farm Llc
Bought by
Nicola Inc
Seller's Agent
Elise Kiely
Legacy Properties Sotheby's International Realty
Buyer's Agent
David Banks
RE/MAX By The Bay
List Price
$850,000
Sold Price
$670,000
Premium/Discount to List
-$180,000
-21.18%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,143,064
Avg. Annual Appreciation
32.74%
Purchase Details
Listed on
Jul 14, 2017
Closed on
Jan 26, 2018
Sold by
Horton Barbara W and Horton Horace W
Bought by
Adams Kurt W
Seller's Agent
David Kitchen
Bean Group
Buyer's Agent
Elise Kiely
RE/MAX By The Bay
List Price
$849,500
Sold Price
$700,000
Premium/Discount to List
-$149,500
-17.6%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.39%
Purchase Details
Listed on
Jul 14, 2017
Closed on
Dec 29, 2017
Sold by
Thompson Nathan W
Bought by
Folly Cove Farm Llc
Seller's Agent
David Kitchen
Bean Group
Buyer's Agent
Elise Kiely
RE/MAX By The Bay
List Price
$849,500
Sold Price
$700,000
Premium/Discount to List
-$149,500
-17.6%
Purchase Details
Closed on
Aug 14, 2015
Sold by
Nelson Suzanne T
Bought by
Horton Barbara W and Horton Horace W
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Nicola Inc | -- | -- | |
| Adams Kurt W | -- | -- | |
| Folly Cove Farm Llc | -- | -- | |
| Horton Barbara W | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/18/2020 11/18/20 | Sold | $3,200,000 | -8.4% | $655 / Sq Ft | |
| 10/21/2020 10/21/20 | Pending | -- | -- | -- | |
| 10/09/2020 10/09/20 | For Sale | $3,495,000 | +421.6% | $716 / Sq Ft | |
| 10/18/2019 10/18/19 | Sold | $670,000 | -21.2% | $248 / Sq Ft | View Prior Sale |
| 08/23/2019 08/23/19 | Pending | -- | -- | -- | |
| 09/26/2018 09/26/18 | For Sale | $850,000 | +21.4% | $314 / Sq Ft | |
| 12/28/2017 12/28/17 | Sold | $700,000 | -17.6% | $259 / Sq Ft | View Prior Sale |
| 12/02/2017 12/02/17 | Pending | -- | -- | -- | |
| 07/14/2017 07/14/17 | For Sale | $849,500 | -- | $314 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $55,170 | $2,149,200 | $647,600 | $1,501,600 |
| 2023 | $50,592 | $2,149,200 | $647,600 | $1,501,600 |
| 2022 | $44,243 | $2,046,400 | $647,600 | $1,398,800 |
| 2021 | $40,519 | $2,046,400 | $647,600 | $1,398,800 |
| 2020 | $15,925 | $812,500 | $647,600 | $164,900 |
| 2019 | $12,214 | $647,600 | $647,600 | $0 |
| 2018 | $15,603 | $876,600 | $647,600 | $229,000 |
| 2017 | $15,042 | $876,600 | $647,600 | $229,000 |
| 2016 | $14,955 | $876,600 | $647,600 | $229,000 |
| 2015 | $17,108 | $793,500 | $584,400 | $209,100 |
| 2014 | $17,140 | $793,500 | $584,400 | $209,100 |
| 2013 | $17,384 | $790,200 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
David Banks
-
Patricia Foden
P
Buyer's Agent in 2020
Patricia Foden
Keller Williams Realty
(207) 807-4294
10 in this area
51 Total Sales
-
Elise Kiely
E
Seller's Agent in 2019
Elise Kiely
Legacy Properties Sotheby's International Realty
(207) 838-1050
16 in this area
138 Total Sales
-
D
Seller's Agent in 2017
David Kitchen
Bean Group
Map
Source: Maine Listings
MLS Number: 1472283
APN: YMTH-000024-000000-000070
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