NOT LISTED FOR SALE

5 Oakwood Ln Unit 3 Kennebunk, ME 04043

Estimated Value: $554,000 - $629,000

3 Beds
2 Baths
1,780 Sq Ft
$425/mo HOA Fee

Last Sold October 11, 2023

Last sale price $544,000 $306 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,975/month

4 Days on Market

Highlights

  • Public Beach
  • Property is near public transit
  • 1 Fireplace
  • 1 Acre Lot
  • Wood Flooring
  • Sun or Florida Room

About This Home

As of October 2023

This beautiful updated, low maintenance condo is within walking distance to downtown Kennebunk. From this quiet enclave you can walk to local restaurants, coffee shops, the farmers market, bakery and bowling alley. You are close to the high school, turnpike & grocery stores. In 10 minutes or less you will be at your choice of local beaches. Shop & dine in Kennebunkport, just minutes away. Enjoy breakfast on the patio while watching birds in the surrounding gardens. Relax in the four season room and revel in the privacy. Updates include plantation shutters on second floor and a fully lined crawl space with a dehumidifier by TC Hafford. Finished 2nd floor. For all the right reasons, your home search could be over.
Offers due by 8/28/23 at noon, responses by 8/29/23. Sellers have the right to accept early offer.

Last Agent to Sell the Property

Anne Banfield

Portside Real Estate Group Listed on: 08/21/2023

Last Buyer's Agent

Jesse Green

Portside Real Estate Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,434

Year Built

  • Built in 1983

Lot Details

  • Public Beach
  • Landscaped

HOA Fees

  • $425 Monthly HOA Fees

Parking

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

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,780 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Sun or Florida Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Sump Pump
  • Crawl Space

Outdoor Features

  • Patio

Location

  • Property is near public transit
  • Property is near a golf course

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Baseboard Heating
  • Natural Gas Not Available
  • Electric Water Heater

Community Details

  • 2 Units
  • FHA/VA Approved Complex
  • The community has rules related to deed restrictions

Listing and Financial Details

  • No Rentals Allowed
  • Legal Lot and Block 3 / 33
  • Assessor Parcel Number KENB-000047-000000-000033-000003

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,434

Year Built

Built in 1983

Lot Details

0

HOA Fees

$425 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 1.0
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From Fletcher St, turn onto Oakwood Lane. Unit #3 is second building in on right, unit on right.
  • Above Grade Finished Sq Ft: 1780.0
  • Architectural Style: Other Style
  • Garage Yn: Yes
  • Year Built: 1983
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.0
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1780.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • 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:Baseboard: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Location Information:Association Fee: 425.11
  • Location Information:Fee Frequency Paid: Monthly
  • Property Information:Garage Spaces: 1.0
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: Yes
  • Condominium:Rental Allowed: No
  • Condominium:Units in Building: 2
  • Kitchen Countertop:Granite: Yes
  • Water Heater:Electric2: Yes
  • Amenities:_one_st Floor Bedroom: Yes
  • Amenities:One-Floor Living: Yes
  • Vehicle Storage:_one_ Car: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Sunroom:Sunroom: Yes
  • Basement:Crawl Space: Yes
  • Amenities:_one_st Floor Primary Bedroom wBath: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Parking:Paved3: Yes
  • Property Information:Deed Restrictions: Yes
  • Property Information:Bank Owned REO: No
  • Basement:Sump Pump: Yes
  • Location:Near Railroad: Yes
  • Basement Entry:Exterior Only: Yes
  • Cooling:AC Units: Yes
  • Condominium:Total Units4: 30
  • Property Sub-Type Property Sub-Type: Condominium
  • Property Information # Fireplaces: 1
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher
  • Has Basement: Bulkhead, Crawl Space, Other, Sump Pump, Exterior Entry, Exterior Only
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, One-Floor Living
  • Bedroom 2 Level: First
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First

Exterior Features

  • Lot Features: Level, Sidewalks, Landscaped, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Near Railroad
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Patio
  • Roof: Shingle
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: 1 - 4 Spaces, Paved, On Site, Garage Door Opener, Inside Entrance

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: A/C Units, Multi Units
  • Cooling Y N: Yes
  • Heating: Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 425.11
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 43560.0
  • Parcel #: KENB-000047-000000-000033-000003
  • Zoning: VR

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 30

Tax Info

  • Tax Annual Amount: 4434.0
  • Tax Block: 33
  • Tax Book Number: 18097
  • Tax Lot: 3
  • Tax Map Number: 47
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2023
Closed on
Nov 28, 2023
Sold by
Plageman Lindasue T
Bought by
Lindasue P Plageman Lt and Plageman
Seller's Agent
Anne Banfield
Portside Real Estate Group
Buyer's Agent
Jesse Green
Portside Real Estate Group
List Price
$505,000
Sold Price
$544,000
Premium/Discount to List
$39,000
7.72%
Current Estimated Value
$570,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,034
Original Mortgage
$308,000
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Aug 21, 2023
Closed on
Oct 11, 2023
Sold by
Howard-Kenneally Prop & E
Bought by
Plageman Lindasue T
Seller's Agent
Anne Banfield
Portside Real Estate Group
Buyer's Agent
Jesse Green
Portside Real Estate Group
List Price
$505,000
Sold Price
$544,000
Premium/Discount to List
$39,000
7.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 4, 2013
Sold by
Cronin Eunice C
Bought by
Wilson Nancy
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
Lindasue P Plageman Lt -- None Available
Plageman Lindasue T $544,000 None Available
Wilson Nancy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Plageman Lindasue T $308,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2023 10/11/23 Sold $544,000 +7.7% $306 / Sq Ft
08/25/2023 08/25/23 Pending -- -- --
08/21/2023 08/21/23 For Sale $505,000 +53.0% $284 / Sq Ft
11/12/2019 11/12/19 Sold $330,000 +1.5% $185 / Sq Ft
10/08/2019 10/08/19 Pending -- -- --
09/30/2019 09/30/19 For Sale $325,000 -- $183 / 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 $5,148 $303,700 $93,300 $210,400
2023 $4,874 $303,700 $93,300 $210,400
2022 $4,434 $303,700 $93,300 $210,400
2021 $4,328 $303,700 $93,300 $210,400
2020 $4,297 $303,700 $93,300 $210,400
2019 $4,176 $303,700 $93,300 $210,400
2018 $3,987 $227,800 $70,000 $157,800
2017 $3,770 $227,800 $70,000 $157,800
2016 $3,622 $227,800 $70,000 $157,800
2015 $3,485 $227,800 $70,000 $157,800
2014 $3,394 $227,800 $70,000 $157,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1569386

Maine Listings

APN: KENB-000047-000000-000033-000003