NOT LISTED FOR SALE

498 E Elm St Yarmouth, ME 04096

Estimated Value: $437,000 - $518,000

2 Beds
1 Bath
800 Sq Ft
$595/Sq Ft Est. Value

Last Sold August 23, 2022

Last sale price $381,500 $477 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,991/month

6 Days on Market

Highlights

  • Nearby Water Access
  • View of Trees or Woods
  • Wood Flooring
  • William H. Rowe School Rated A-
  • Cape Cod Architecture
  • Main Floor Bedroom

About This Home

As of August 2022

Quite an opportunity to make this cape your own. Home has great bones and can be expanded into the unfinished second floor.
Nice yard and just a mile from the town center. Daylight basement, public water and sewer. Room for expansion or attached garage with town approval.

Last Agent to Sell the Property

Timothy Nolan

Better Homes & Gardens Real Estate/The Masiello Group Listed on: 07/19/2022

Last Buyer's Agent

Christopher Cormier

StartPoint Realty

StartPoint Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,861

Year Built

  • Built in 1962

Lot Details

  • 0.58 Acre Lot
  • Corner Lot
  • Open Lot
  • Property is zoned MDR

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 800 Sq Ft Home
  • Living Room
  • Views of Woods
  • Washer

Kitchen

  • Built-In Oven
  • Cooktop
  • Formica Countertops

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Sump Pump
  • Natural lighting in basement

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Nearby Water Access
  • River Nearby
  • Outbuilding

Location

  • Suburban Location

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 47
  • Assessor Parcel Number 498eastelmstreetyarmouthme04096

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,861

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.58
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Main Street to East Elm Street approx 1.2 miles to home on your left. From North Road home is on the right just before Alderbrook Lane.
  • Above Grade Finished Sq Ft: 800.0
  • Architectural Style: Cape
  • Garage Yn: No
  • Year Built: 1962
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.58
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 800.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Daylight: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Location:Suburban: Yes
  • Appliances Included:Cooktop: Yes
  • Appliances Included:Wall Oven: Yes
  • Recreational Water:Nearby: Yes
  • Recreational Water:RiverBrookStream: Yes
  • View:TreesWoods: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Kitchen Countertop:Formica: Yes
  • Basement:Sump Pump: Yes
  • Other Structures:Out Building: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Wall Oven, Cooktop
  • Has Basement: Bulkhead, Daylight, Full, Sump Pump, Exterior Entry, Interior Entry, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom
  • Full Basement: Yes
  • Bedroom 2 Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Corner Lot, Open Lot, Near Town, Suburban
  • View: Trees/Woods
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Paved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 25264.8
  • Parcel #: 498eastelmstreetyarmouthme04096
  • Zoning: MDR

Tax Info

  • Tax Annual Amount: 3861.0
  • Tax Book Number: 2685
  • Tax Lot: 47
  • Tax Map Number: 50
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2022
Closed on
Aug 23, 2022
Sold by
Wood Vivian L and Wood Richard R
Bought by
Gill Ted A and Young Carolyn J
Seller's Agent
Timothy Nolan
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Christopher Cormier
StartPoint Realty
List Price
$325,000
Sold Price
$381,500
Premium/Discount to List
$56,500
17.38%
Current Estimated Value
$475,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,431
Avg. Annual Appreciation
7.55%
Original Mortgage
$337,500
Outstanding Balance
$323,535
Interest Rate
5.51%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$152,396
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
Gill Ted A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gill Ted A $337,500
Previous Owner Wood Richard R $259,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2022 08/23/22 Sold $381,500 +17.4% $477 / Sq Ft
07/26/2022 07/26/22 Pending -- -- --
07/19/2022 07/19/22 For Sale $325,000 -- $406 / 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 $5,003 $194,900 $96,600 $98,300
2023 $4,588 $194,900 $96,600 $98,300
2022 $4,214 $194,900 $96,600 $98,300
2021 $3,859 $194,900 $96,600 $98,300
2020 $3,231 $194,900 $96,600 $98,300
2019 $3,676 $194,900 $96,600 $98,300
2018 $3,469 $194,900 $96,600 $98,300
2017 $3,344 $194,900 $96,600 $98,300
2016 $3,325 $194,900 $96,600 $98,300
2015 $2,990 $138,700 $75,000 $63,700
2014 $2,996 $138,700 $75,000 $63,700
2013 $3,051 $138,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1536916

Maine Listings

APN: YMTH-000050-000000-000047