$560,000
SOLD OCT 27, 2017

47 Ocean Ave Unit 6 Kennebunkport, ME 04046

2 Beds
2 Baths
1,265 Sq Ft
$438/mo HOA Fee

Recently Sold

$443 Per Sq Ft

17% Below List Price

466 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Public Beach
  • In Ground Pool
  • 100 Feet of Waterfront
  • Country Club
  • 1-minute walk to Kennebunkport Village Green

About This Home

As of October 2017

You will be stunned when you walk into this exceptional property. The water views are spectacular! This home was a "complete" renovation from the custom finished maple hardwood flooring installed with sound barrier board, all new kitchen, Viking appliances, pirasema white granite counter, new wiring, new plumbing, new wall and ceiling re-insulation, custom porcelain tile in the baths, electric Sky Light with rain sensors. Sit by the "POOL" while watching the boating activity. Weekly rentals allowed.

Last Agent to Sell the Property

Lise Dewar

Pack Maynard and Associates Listed on: 05/27/2016

Last Buyer's Agent

Victoria Benenti

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,511

Year Built

  • Built in 1981

Lot Details

  • 100 Feet of Waterfront
  • River Front
  • Public Beach

HOA Fees

  • $438 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,265 Sq Ft Home
  • Cathedral Ceiling
  • Living Room
  • Water Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Partial Basement

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • In Ground Pool
  • Deeded Waterfront Access Rights
  • Access to Tidal Water
  • Deck

Location

  • Property is near a golf course

Utilities

  • No Cooling
  • Zoned Heating
  • Baseboard Heating
  • Natural Gas Not Available
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 7C
  • Assessor Parcel Number 47oceanavenuekennebunkport04046

Community Details

Overview

  • 8 Units
  • Riverbank Subdivision

Amenities

  • Community Storage Space

Recreation

  • Country Club

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,511

Year Built

Built in 1981

Lot Details

0

HOA Fees

$438 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.39
  • Road Surface Type: Paved
  • Water Body Name: Kennebnk River
  • MLS Status: Closed
  • Subdivision Name: Riverbank
  • Directions: From Dock Square take Ocean Ave east along the Kennebunk River, # 47 is on the right.
  • Above Grade Finished Sq Ft: 1265.0
  • Architectural Style: Colonial
  • Year Built: 1981
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 0.39
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1265.0
  • Site:Open: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Pool-In Ground: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Amenities:Storage: Yes
  • Location Information:Association Fee: 438.0
  • Location Information:Fee Frequency Paid: Monthly
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:Units in Building: 8
  • Kitchen Countertop:Granite: Yes
  • Water Heater:Electric2: Yes
  • Amenities:_one_st Floor Bedroom: Yes
  • Amenities:Walk-in Closets: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Full Bath7: Yes
  • Primary Bedroom Amenities:Walk-in Closet6: Yes
  • Gas:No Gas: Yes
  • Basement:Partial: Yes
  • Heat System:Multi-Zones: Yes
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Style:Colonial: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Parking:Paved3: Yes
  • Water Info:Waterfront Amount -: 100.0
  • Recreational Water:Deeded: Yes
  • Living Room Amenities:Cathedral Ceiling5: Yes
  • Location:Near Country Club: Yes
  • Recreational Water:Waterfront Tidal: Yes
  • Laundry Room:Laundry Room: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher
  • Has Basement: Partial, Walk-Out Access
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Walk-in Closets, 1st Floor Bedroom, Bathtub, Storage, Primary Bedroom w/Bath
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: Second
  • Laundry Room Laundry Room Level: First

Exterior Features

  • Lot Features: Open Lot, Near Golf Course, Near Public Beach, Near Shopping, Near Town
  • Pool Features: In Ground
  • Waterfront Features: River
  • Waterfront: Yes
  • Construction Type: Wood Siding, Wood Frame
  • 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: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 438.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 16988.4
  • Parcel #: 47oceanavenuekennebunkport04046
  • Zoning: RF

Multi Family

  • Number Of Units In Community: 8

Tax Info

  • Tax Annual Amount: 3511.0
  • Tax Book Number: 16482
  • Tax Lot: 7C
  • Tax Map Number: 10
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2016
Closed on
Nov 1, 2017
Sold by
Dykeman Christopher C and Dykeman Linda S
Bought by
Nowak Lori
Seller's Agent
Lise Dewar
Pack Maynard and Associates
Buyer's Agent
Victoria Benenti
Coldwell Banker Realty
List Price
$675,000
Sold Price
$560,000
Premium/Discount to List
-$115,000
-17.04%
Total Days on Market
466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.31%
Original Mortgage
$392,000
Outstanding Balance
$326,871
Interest Rate
3.3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$339,376

Purchase Details

Closed on
Dec 11, 2012
Sold by
Hinckley Suzanne E Est
Bought by
Dykeman Linda S and Dykeman Christopher C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
3.46%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed -- --
Personal Reps Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $392,000 Adjustable Rate Mortgage/ARM
Previous Owner $272,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2025 05/22/25 For Sale $1,300,000 +132.1% $1,028 / Sq Ft
10/27/2017 10/27/17 Sold $560,000 -17.0% $443 / Sq Ft
09/06/2017 09/06/17 Pending -- -- --
05/27/2016 05/27/16 For Sale $675,000 -- $534 / 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 $3,377 $519,600 $275,000 $244,600
2023 $3,248 $519,600 $275,000 $244,600
2022 $3,118 $519,600 $275,000 $244,600
2021 $4,070 $424,000 $275,000 $149,000
2020 $4,007 $424,000 $275,000 $149,000
2019 $4,007 $424,000 $275,000 $149,000
2018 $3,714 $424,000 $275,000 $149,000
2017 $3,689 $424,000 $275,000 $149,000
2016 $3,511 $424,000 $275,000 $149,000
2015 $3,265 $424,000 $275,000 $149,000
2014 $3,235 $424,000 $275,000 $149,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1266263

Maine Listings

APN: KENP-000010-000001-000007C