NOT LISTED FOR SALE

5 Latte Way Unit 2 Kennebunk, ME 04043

Estimated Value: $383,000 - $520,000

3 Beds
1.5 Baths
1,104 Sq Ft
$100/mo HOA Fee

Last Sold June 18, 2018

Last sale price $180,000 $163 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $2,795/month

127 Days on Market

Highlights

  • Nearby Water Access
  • Colonial Architecture
  • Direct Access Garage
  • Kennebunk High School Rated 9+
  • Deck
  • 4-minute walk to Rotary Park

About This Home

As of June 2018

This condo in Kennebunk is a rare and special find. Located in the heart of town within walking distance to the ice skating rink, bowling alley and all that downtown Kennebunk has to offer with a low condo fee of $100/month. Featuring kitchen & dining, living room, laundry & half bath on first floor with 3 bedrooms and full bath upstairs. 1-car attached garage, patio and deck. Condo fee covers mowing and plowing. What a fun and care-free place to call home!

Last Agent to Sell the Property

Keri Walker

Pack Maynard and Associates Brokerage Phone: 207-967-9900 Listed on: 01/09/2018

Last Buyer's Agent

Katherine Schindler

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,068

Year Built

  • Built in 2005

Lot Details

  • Property fronts a private road
  • Landscaped

HOA Fees

  • $100 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,104 Sq Ft Home
  • Living Room
  • Laundry on main level

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Formica Countertops

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub

Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • Direct Access Garage
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Nearby Water Access
  • Deck

Location

  • City Lot

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Propane
  • Baseboard Heating
  • Hot Water Heating System
  • Electric Water Heater

Community Details

  • 2 Units
  • York Street Condominium Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

  • No Rentals Allowed
  • Legal Lot and Block 195-002 / 2
  • Assessor Parcel Number KENB-000054-000000-000195-000002

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,068

Year Built

Built in 2005

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.21
  • Road Frontage Type: Private
  • MLS Status: Closed
  • Subdivision Name: York Street Condominium
  • Directions: Route 1 Kennebunk to Latte Way, behind 18 York Street.
  • Above Grade Finished Sq Ft: 1104.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Year Built: 2005
  • Attribution Contact: 207-967-9900
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.21
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1104.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Location Information:Association Fee: 100.0
  • Location Information:Fee Frequency Paid: Monthly
  • Roads:Private: Yes
  • Exterior:Vinyl Siding: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Rental Allowed: No
  • Condominium:Units in Building: 2
  • Water Heater:Electric2: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Amenities:Bathtub: Yes
  • Style:Colonial: Yes
  • Basement:Crawl Space: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Recreational Water:Nearby: Yes
  • Property Information:Deed Restrictions: Yes
  • Kitchen Countertop:Formica: Yes
  • Condominium:Total Units4: 2
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Microwave, Electric Range, Dishwasher
  • Has Basement: Crawl Space, Exterior Entry, Bulkhead
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Bathtub
  • Bedroom 2 Level: Second
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Level, Sidewalks, Landscaped, Intown, Near Shopping, Near Turnpike/Interstate
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: 1 - 4 Spaces, Paved, Garage Door Opener, Inside Entrance

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Forced Air, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 100.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9147.6
  • Parcel #: KENB-000054-000000-000195-000002
  • Zoning: DB

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3068.0
  • Tax Block: 2
  • Tax Book Number: 17020
  • Tax Lot: 195-002
  • Tax Map Number: 54
  • Tax Year: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2018
Closed on
Jun 19, 2018
Sold by
Wolfson Funding T
Bought by
Katelyn Schothuis Jaap and Katelyn Schothuis
Seller's Agent
Keri Walker
Pack Maynard and Associates
Buyer's Agent
Katherine Schindler
Coldwell Banker Realty
List Price
$194,900
Sold Price
$180,000
Premium/Discount to List
-$14,900
-7.64%
Current Estimated Value
$442,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,529
Avg. Annual Appreciation
13.06%
Original Mortgage
$181,818
Outstanding Balance
$157,242
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$285,287

Purchase Details

Listed on
Jun 29, 2014
Closed on
May 20, 2015
Sold by
Dufort Roy A
Bought by
Wolfson Funding T
Seller's Agent
Hylah Riley
Berkshire Hathaway HomeServices Verani Realty
Buyer's Agent
Keri Walker
Coldwell Banker Realty
List Price
$179,000
Sold Price
$168,000
Premium/Discount to List
-$11,000
-6.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.25%

Purchase Details

Closed on
Sep 7, 2010
Sold by
Houle Robert A
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 17, 2006
Sold by
Beta Llc
Bought by
Houle Teresa J and Houle Robert A
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
Katelyn Schothuis Jaap -- --
Wolfson Funding T -- --
Federal National Mortgage Association -- --
Houle Teresa J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Katelyn Schothuis Jaap $181,818
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/18/2018 06/18/18 Sold $180,000 -7.6% $163 / Sq Ft
05/17/2018 05/17/18 Pending -- -- --
01/09/2018 01/09/18 For Sale $194,900 +16.0% $177 / Sq Ft
05/12/2015 05/12/15 Sold $168,000 -6.1% $152 / Sq Ft View Prior Sale
03/17/2015 03/17/15 Pending -- -- --
06/28/2014 06/28/14 For Sale $179,000 -- $162 / 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 $4,190 $247,200 $84,000 $163,200
2023 $3,968 $247,200 $84,000 $163,200
2022 $3,609 $247,200 $84,000 $163,200
2021 $3,523 $247,200 $84,000 $163,200
2020 $3,498 $247,200 $84,000 $163,200
2019 $3,399 $247,200 $84,000 $163,200
2018 $3,245 $185,400 $63,000 $122,400
2017 $3,068 $185,400 $63,000 $122,400
2016 $2,948 $185,400 $63,000 $122,400
2015 $2,837 $185,400 $63,000 $122,400
2014 $2,762 $185,400 $63,000 $122,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1335895

Maine Listings

APN: KENB-000054-000000-000195-000002