Seller's Agent in 2019
David Banks
RE/MAX
(207) 773-2345
41 in this area
1,123 Total Sales
5 Reef Rd Cape Elizabeth, ME 04107
Estimated Value: $978,000 - $1,189,205
3
Beds
2.5
Baths
2,566
Sq Ft
$416/Sq Ft
Est. Value
Highlights
- Ocean Front
- Beach Access
- Fireplace in Primary Bedroom
- Pond Cove Elementary School Rated A
- Colonial Architecture
- Wood Flooring
About This Home
As of November 2019Classic colonial home privately set on .62 acres in Shore Acres. This 1950's home is just awaiting your renovation ideas while offering a fantastic layout suitable for entertaining and the needs of today's busy families. Boasting 3-4 bedrooms, this home features a large eat-in kitchen, formal dining room, spacious living room with a wood burning fireplace, great room with a wood stove and built-ins, heated sun room, office, and convenient 1st floor laundry off the mudroom. The home also offers a wonderful detached 2 car garage. Enjoy the tranquil setting of this home with beach rights on Trundy Point!
Last Buyer's Agent
Nova Tower
Vitalius Real Estate Group, LLC
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,106
Year Built
- Built in 1955
Lot Details
- 0.62 Acre Lot
- Ocean Front
- Landscaped
- Level Lot
- Property is zoned RA
Parking
- 2 Car Detached Garage
- Automatic Garage Door Opener
- Garage Door Opener
- Driveway
Home Design
- Colonial Architecture
- Concrete Foundation
- Slab Foundation
- Wood Frame Construction
- Shingle Roof
- Shingle Siding
- Concrete Perimeter Foundation
Interior Spaces
- 2,566 Sq Ft Home
- Built-In Features
- Skylights
- Wood Burning Fireplace
- Mud Room
- Great Room
- Living Room with Fireplace
- 3 Fireplaces
- Formal Dining Room
- Home Office
- Heated Sun or Florida Room
- Sun or Florida Room
Kitchen
- Eat-In Kitchen
- Built-In Oven
- Stove
- Cooktop
- Dishwasher
- Butcher Block Countertops
Flooring
- Wood
- Brick
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Main Floor Bedroom
- Fireplace in Primary Bedroom
- Primary bedroom located on second floor
Laundry
- Laundry on main level
- Dryer
- Washer
Basement
- Basement Fills Entire Space Under The House
- Partial Basement
- Interior Basement Entry
- Dirt Floor
- Crawl Space
Outdoor Features
- Beach Access
- Nearby Water Access
Utilities
- No Cooling
- Heating System Uses Oil
- Baseboard Heating
- Hot Water Heating System
- Natural Gas Not Available
- Septic System
- Private Sewer
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 010
- Assessor Parcel Number CAPE-013010U
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 8, 2019
Closed on
Nov 1, 2019
Sold by
Wold Billie J Est
Bought by
Delois Elizabeth and Delois Anthony
Seller's Agent
David Banks
RE/MAX By The Bay
Buyer's Agent
Nova Tower
Vitalius Real Estate Group, LLC
List Price
$595,000
Sold Price
$535,000
Premium/Discount to List
-$60,000
-10.08%
Total Days on Market
27
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$533,051
Avg. Annual Appreciation
12.81%
Original Mortgage
$484,350
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Delois Elizabeth | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Delois Anthony | $200,000 | |
| Closed | Delois Elizabeth | $150,000 | |
| Open | Delois Elizabeth | $497,200 | |
| Closed | Delois Elizabeth | $484,350 | |
| Previous Owner | Wolf Billie J | $50,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/04/2019 11/04/19 | Sold | $535,000 | -10.1% | $208 / Sq Ft |
| 09/05/2019 09/05/19 | Pending | -- | -- | -- |
| 08/08/2019 08/08/19 | For Sale | $595,000 | -- | $232 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $9,690 | $880,900 | $440,000 | $440,900 |
| 2023 | $19,679 | $880,900 | $440,000 | $440,900 |
| 2022 | $10,861 | $513,500 | $222,600 | $290,900 |
| 2021 | $10,404 | $513,500 | $222,600 | $290,900 |
| 2020 | $10,229 | $513,500 | $222,600 | $290,900 |
| 2019 | $10,106 | $513,500 | $222,600 | $290,900 |
| 2018 | $9,767 | $513,500 | $222,600 | $290,900 |
| 2017 | $9,243 | $513,500 | $222,600 | $290,900 |
| 2016 | $9,007 | $513,500 | $222,600 | $290,900 |
| 2015 | $8,668 | $513,500 | $222,600 | $290,900 |
| 2013 | $8,360 | $513,500 | $222,600 | $290,900 |
Source: Public Records
Agents Affiliated with this Home
-
David Banks
-
N
Buyer's Agent in 2019
Nova Tower
Vitalius Real Estate Group, LLC
Map
Source: Maine Listings
MLS Number: 1428429
APN: CAPE-013010U
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