$495,000
SOLD OCT 30, 2014

5 Ocean View Rd Cape Elizabeth, ME 04107

3 Beds
1.5 Baths
1,688 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$293 Per Sq Ft

9% Below List Price

69 Days on Market

Highlights

  • Country Club
  • The property is located in a historic district
  • No HOA
  • Pond Cove Elementary School Rated A
  • Wood Flooring
  • Living Room

About This Home

As of September 2017

Rare opportunity to own one of Cape Elizabeths "Historical Homes" This Gem has been totally updated with granite, cabinets, hardwood floors, electric, furnace, roof and paint. Enjoy WATER VIEWS from the wrap around porch. Near beach and great restaurants!

Last Agent to Sell the Property

Thomas Gadbois

F.O. Bailey Real Estate Listed on: 07/04/2014

Last Buyer's Agent

Marie Flaherty

Berkshire Hathaway HomeServices Northeast Real Estate

Berkshire Hathaway HomeServices Northeast Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,247

Year Built

  • Built in 1901

Lot Details

  • 10,019 Sq Ft Lot
  • Landscaped
  • Open Lot

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Shingle Siding

Interior Spaces

  • 1,688 Sq Ft Home
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Unfinished Basement

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor

Parking

  • 1 Parking Space
  • Driveway
  • Paved Parking

Location

  • Property is near a golf course
  • The property is located in a historic district

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil

Listing and Financial Details

  • Tax Lot 079
  • Assessor Parcel Number 5Ocean View RoadCapeElizU03079

Community Details

Overview

  • No Home Owners Association

Recreation

  • Country Club

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,247

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.23
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Shore Road to Right on Ocean View
  • Above Grade Finished Sq Ft: 1688.0
  • Architectural Style: Other Style
  • Year Built: 1901
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.23
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1688.0
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Condominium:Rental Allowed: Yes
  • Vehicle Storage:_one_ Car: Yes
  • Basement:Unfinished: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Location:Historic District: Yes
  • Family Room:Family Room: Yes
  • Location:Near Country Club: Yes
  • Living Room Amenities:Gas Fireplace5: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Has Basement: Other, Unfinished
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bedroom 2 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: Second
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Open Lot, Sidewalks, Landscaped, Historic District, Near Golf Course, Near Shopping, Neighborhood
  • Waterfront: No
  • Construction Type: Shingle Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10018.8
  • Parcel #: 5Ocean View RoadCapeElizU03079
  • Zoning: RES

Tax Info

  • Tax Annual Amount: 5247.0
  • Tax Book Number: 6354
  • Tax Lot: 079
  • Tax Map Number: U03
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2023
Sold by
Reif Jonathan S and Reif Susan J
Bought by
Reif Jonathan S and Reif Susan J
Current Estimated Value
$1,012,480

Purchase Details

Listed on
Aug 1, 2017
Closed on
Sep 29, 2017
Sold by
Poltak Justin M and Poltak Amanda
Bought by
Reif Jonathan S and Reif Susan J
Seller's Agent
Marie Flaherty
The Flaherty Group
Buyer's Agent
Tim Flaherty
The Flaherty Group
List Price
$585,000
Sold Price
$585,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.60%

Purchase Details

Listed on
Jul 4, 2014
Closed on
Oct 31, 2014
Sold by
Desantis Albert E
Bought by
Poltak Justin M and Poltak Amanda
Seller's Agent
Thomas Gadbois
F.O. Bailey Real Estate
Buyer's Agent
Marie Flaherty
Berkshire Hathaway HomeServices Northeast Real Estate
List Price
$545,000
Sold Price
$495,000
Premium/Discount to List
-$50,000
-9.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.89%
Original Mortgage
$495,000
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Deed -- None Available
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $495,000 Adjustable Rate Mortgage/ARM
Previous Owner $256,000 Unknown
Previous Owner $100,000 Unknown
Previous Owner $280,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2017 09/29/17 Sold $585,000 0.0% $347 / Sq Ft
08/04/2017 08/04/17 Pending -- -- --
08/01/2017 08/01/17 For Sale $585,000 +18.2% $347 / Sq Ft
10/30/2014 10/30/14 Sold $495,000 -9.2% $293 / Sq Ft
09/12/2014 09/12/14 Pending -- -- --
07/04/2014 07/04/14 For Sale $545,000 -- $323 / 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 $9,018 $819,800 $482,500 $337,300
2023 $18,305 $819,400 $482,500 $336,900
2022 $7,453 $352,400 $240,000 $112,400
2021 $7,140 $352,400 $240,000 $112,400
2020 $7,020 $352,400 $240,000 $112,400
2019 $6,935 $352,400 $240,000 $112,400
2018 $6,703 $352,400 $240,000 $112,400
2017 $6,343 $352,400 $240,000 $112,400
2016 $6,181 $352,400 $240,000 $112,400
2015 $5,949 $352,400 $240,000 $112,400
2013 $5,508 $338,300 $240,000 $98,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1143980

Maine Listings

APN: CAPE-003079U