NOT LISTED FOR SALE

48 Frontier Way Unit 186 Arundel, ME 04046

Estimated Value: $503,000 - $577,000

2 Beds
2 Baths
1,844 Sq Ft
$485/mo HOA Fee

Last Sold May 10, 2024

Last sale price $499,900 $271 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,875/month

Highlights

  • In Ground Pool
  • 300 Acre Lot
  • Clubhouse
  • Kennebunk High School Rated 9+
  • Cape Cod Architecture
  • Wood Flooring

About This Home

As of May 2024

Are you looking for a spacious getaway at the beautiful Cape Arundel Cottage Preserves? This 300 acre gated community offers a spacious clubhouse which boast a two-story stone fireplace, heated pools, waterfall, a firebar, game room, fitness room and library for amenities. This seasonal community is open from May 1-Dec 31 allowing your friends and family to enjoy your accommodations through the holiday season at nearby Prelude in the Kennebunks!
A modern two-bedroom two bath modern getaway with great accessibility awaits you. There is an additional bonus room on first floor that could be used as a bedroom, office or den space. Abundant storage inside along with a generous shed outside provide plenty of storage. Don't miss out on this opportunity!

Last Agent to Sell the Property

Jim O'donnell

Coldwell Banker Realty Brokerage Phone: 207-967-9900 Listed on: 03/15/2024

Coldwell Banker Realty

Last Buyer's Agent

Heidi Maynard

Pack Maynard and Associates

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,391

Year Built

  • Built in 2021

Lot Details

  • Seasonal Access to Property
  • Landscaped

HOA Fees

  • $485 Monthly HOA Fees

Parking

  • Gravel Driveway

Home Design

  • Cape Cod Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Clap Board Siding
  • Clapboard

Interior Spaces

  • 1,844 Sq Ft Home
  • Tray Ceiling
  • Gas Fireplace
  • Living Room
  • Dining Room
  • Home Office
  • Laundry on main level

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms
  • Bathtub
  • Shower Only

Outdoor Features

  • In Ground Pool
  • Shed

Location

  • Property is near a golf course

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Heating System Uses Propane
  • Water Heated On Demand
  • Private Sewer
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 186
  • Assessor Parcel Number ARUN-000015-000000-000013-000186

Community Details

Overview

  • 260 Buildings
  • Cape Arundel Cottage Preserves Subdivision

Amenities

  • Clubhouse
  • Community Storage Space

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,391

Year Built

Built in 2021

Lot Details

0

HOA Fees

$485 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 300.0
  • MLS Status: Closed
  • Subdivision Name: Cape Arundel Cottage Preserves
  • Directions: If GPS instructs you to Hidden Meadows then use 1976 Portland Rd Arundel to arrive at Cape Arundel Cottage Preserve. Association is gated and will need code to enter which will be provided by agent showing property,
  • Above Grade Finished Sq Ft: 1844.0
  • Architectural Style: Cape
  • Garage Yn: No
  • Year Built: 2021
  • Attribution Contact: 207-967-9900
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: Yes
  • Property Information:Lot Size Acres -: 300.0
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1844.0
  • Property Information:Garage: No
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Microwave: Yes
  • Heat Fuel:Propane: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Water Heater:On Demand: Yes
  • Amenities:Pool-In Ground: Yes
  • Amenities:Storage: Yes
  • Location Information:Association Fee: 485.0
  • Location Information:Fee Frequency Paid: Monthly
  • Foundation Materials:Slab: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Rental Allowed: Yes
  • Condominium:Units in Building: 1
  • Amenities:_one_st Floor Bedroom: Yes
  • Amenities:Shower: Yes
  • Cooling:Central Air: Yes
  • Dining Room:Dining Room: Yes
  • Kitchen Amenities:Island: Yes
  • Living Room:Living Room: Yes
  • Room Features:Island2: Yes
  • Floors:Laminate: Yes
  • Roof:Composition2: Yes
  • Exterior:Clapboard: Yes
  • Heat System:Multi-Zones: Yes
  • Amenities:Bathtub: Yes
  • Office:Office: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Property Information:Short Sale Continue to Show: No
  • Basement:Slab2: Yes
  • Driveway:Gravel: Yes
  • Dining Room Amenities:Dining Area: Yes
  • Room Features:Dining Area2: Yes
  • Equipment:Internet Access Available: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Appliances Included:Gas Range: Yes
  • Equipment:Cable: Yes
  • Kitchen Countertop:Quartz: Yes
  • Condominium:_pound_ of Buildings: 260
  • Living Room Amenities:Gas Fireplace5: Yes
  • Room Features:Gas Fireplace29: Yes
  • Room Features:Tray Ceiling29: Yes
  • Other Structures:Shed: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Property Information # Fireplaces: 1
  • Parking Reserved Parking: No
  • Office Amenities Tray Ceiling17: Yes
  • Special Features: None

Interior Features

  • Number Of Buildings: 260
  • Appliances: Refrigerator, Microwave, Gas Range, Dishwasher
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Bedroom, Bathtub, Other, Shower, Storage
  • Bedroom 2 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Sidewalks, Landscaped, Near Golf Course, Neighborhood
  • Pool Features: In Ground
  • Waterfront: No
  • Construction Type: Clapboard, Wood Frame
  • Foundation Details: Slab
  • Other Structures: Shed(s)
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Multi-Zones, Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse
  • Association Fee: 485.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Other Restrictions

Association/Amenities

  • Association Amenities:Club House: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 13068000.0
  • Parcel #: ARUN-000015-000000-000013-000186
  • Zoning: res

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 5391.0
  • Tax Book Number: 18791
  • Tax Lot: 186
  • Tax Map Number: 015
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2024
Closed on
May 10, 2024
Sold by
Coseo Robert G and Coseo Jane M
Bought by
Tusia Stacy L
Seller's Agent
Jim O'donnell
Coldwell Banker Realty
Buyer's Agent
Heidi Maynard
Pack Maynard and Associates
List Price
$499,900
Sold Price
$499,900
Views
21
Current Estimated Value
$554,833

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,933
Avg. Annual Appreciation
7.79%
Original Mortgage
$249,950
Outstanding Balance
$246,385
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$308,448

Purchase Details

Closed on
Sep 1, 2021
Sold by
Arundel Kennebunkport Ctg
Bought by
Coseo Robert G and Coseo Jane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,070
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Tusia Stacy L $499,900 None Available
Tusia Stacy L $499,900 None Available
Coseo Robert G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tusia Stacy L $249,950
Closed Tusia Stacy L $249,950
Previous Owner Coseo Robert G $302,070
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2024 05/10/24 Sold $499,900 0.0% $271 / Sq Ft
03/16/2024 03/16/24 Pending -- -- --
03/15/2024 03/15/24 For Sale $499,900 -- $271 / 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 $5,391 $317,100 $160,000 $157,100
2023 $5,391 $317,100 $160,000 $157,100
2022 $4,615 $273,100 $116,000 $157,100
2021 $1,305 $77,200 $0 $77,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1584175

Maine Listings

APN: ARUN M:015 L:013-186