NOT LISTED FOR SALE

5 Salt Marsh Way Cape Elizabeth, ME 04107

Estimated Value: $1,338,000 - $1,662,000

5 Beds
2.5 Baths
5,000 Sq Ft
$292/Sq Ft Est. Value

Last Sold May 22, 2015

Last sale price $655,000 $131 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $8,544/month

74 Days on Market

Highlights

  • Water Views
  • Nearby Water Access
  • Cape Cod Architecture
  • Pond Cove Elementary School Rated A
  • 4.2 Acre Lot
  • Deck

About This Home

As of May 2015

From its elevated setting, this 5BR contemporary styled cape overlooks tidal Spurwink River and Rachel Carson Preserve. Flowing, open floor plan includes 1st floor Master BR suite & 4 season sunroom. Great room with cathedral ceiling. Well designed with neutral color palate. Daylight, walkout lower level is finished office space.

Last Agent to Sell the Property

Sandra Johnson

Town & Shore Real Estate Listed on: 07/27/2015

Co-Listed By

Susanne Lamb

Town & Shore Real Estate

Last Buyer's Agent

Jennifer DeSena

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,662

Year Built

  • Built in 1986

Lot Details

  • 4.2 Acre Lot
  • Property fronts a private road
  • Near Conservation Area
  • Landscaped
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Property is zoned Res A

Property Views

  • Water
  • Scenic Vista
  • Woods

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Clap Board Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • Built-In Features
  • Cathedral Ceiling
  • Skylights
  • Gas Fireplace
  • Mud Room
  • Great Room
  • Living Room
  • Formal Dining Room
  • Home Office
  • Sun or Florida Room
  • Home Security System
  • Attic

Kitchen

  • Eat-In Kitchen
  • Stove
  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Natural lighting in basement

Parking

  • Attached Garage
  • Driveway

Outdoor Features

  • Nearby Water Access
  • River Nearby
  • Deck

Location

  • Suburban Location

Utilities

  • No Cooling
  • Forced Air Zoned Heating System
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Baseboard Heating
  • Hot Water Heating System
  • Water Heater
  • Septic System

Listing and Financial Details

  • Tax Lot 51
  • Assessor Parcel Number 5Salt Marsh WayCapeElizR0551

Community Details

Overview

  • No Home Owners Association
  • The community has rules related to deed restrictions

Amenities

  • Community Storage Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,662

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 4.2
  • Road Frontage Type: Private
  • Road Surface Type: Paved
  • Co List Office Mls Id: 1067
  • Co List Office Phone: 207-773-0262
  • MLS Status: Closed
  • Directions: Sawyer Road to Salt Marsh Way to end.
  • Above Grade Finished Sq Ft: 3100.0
  • Architectural Style: Cape
  • Garage Yn: Yes
  • Year Built: 1986
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 4.2
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 3100.0
  • Property Information:SqFt Finished Below Grade: 1900.0
  • Property Information:Garage: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Basement:Daylight: Yes
  • Percent Basement Finished: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Amenities:Security System: Yes
  • Amenities:Storage: Yes
  • Roads:Private: Yes
  • Kitchen Countertop:Granite: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Amenities:Walk-in Closets: Yes
  • Dining Room:Dining Room: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Full Bath7: Yes
  • Primary Bedroom Amenities:Walk-in Closet6: Yes
  • Location:Suburban: Yes
  • Mud Room:Mud Room: Yes
  • Exterior:Clapboard: Yes
  • Heat System:Multi-Zones: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Office:Office: Yes
  • Sunroom:Sunroom: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Amenities:Attic: Yes
  • Recreational Water:Nearby: Yes
  • Recreational Water:RiverBrookStream: Yes
  • Heat Fuel:Wood2: Yes
  • Primary Bedroom Amenities:Double Vanities6: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Site:RollingSloping: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Property Information:Deed Restrictions: Yes
  • Appliances Included:Gas Range: Yes
  • Sewer:Septic Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Great Room:Great Room: Yes
  • Great Room Amenities:Cathedral Ceiling18: Yes
  • View:Scenic: Yes
  • Water Heater:Tank: Yes
  • Basement:Sump Pump: Yes
  • Laundry Room:Laundry Room: Yes
  • Office Amenities:Built-Ins16: Yes
  • Location:Abuts Conservation: Yes
  • Living Room Amenities:Heat Stove5: Yes
  • Sunroom Amenities:Four-Season: Yes
  • Bedroom Amenities 3:Skylight11: Yes
  • Primary Bedroom Amenities:Separate Shower6: Yes
  • Laundry Room Amenities:Built-Ins13: Yes
  • Primary Bedroom Amenities:Built-Ins15: Yes
  • Dining Room Amenities:Formal: Yes
  • Bedroom Amenities 2:Vaulted Ceiling2: Yes
  • Bedroom 1 Amenities:Cathedral Ceiling7: Yes
  • Great Room Amenities:Gas Fireplace8: Yes
  • Bedroom Amenities 2:Skylight10: Yes
  • Great Room Amenities:Built-Ins11: Yes
  • Sunroom Amenities:Cathedral Ceiling: Yes
  • Sunroom Amenities:Unheated: Yes
  • Bedroom 1 Amenities:Skylight9: Yes
  • Great Room Amenities:Skylight19: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Bedroom Amenities 4 Skylight12: Yes
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Gas Range, Dryer, Dishwasher
  • Has Basement: Daylight, Finished, Full, Sump Pump, Walk-Out Access, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1900.0
  • Interior Amenities: Walk-in Closets, 1st Floor Bedroom, Attic, Bathtub, Storage, Primary Bedroom w/Bath
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Bedroom 4 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First
  • Bedroom 1:Bedroom 1 Level: Second
  • Laundry Room Laundry Room Level: First

Exterior Features

  • Lot Features: Rolling Slope, Landscaped, Wooded, Abuts Conservation, Suburban
  • View: Scenic, Trees/Woods
  • Waterfront: No
  • Construction Type: Wood Siding, Clapboard, 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: Paved

Utilities

  • Laundry Features: Built-Ins, Laundry - 1st Floor, Main Level
  • Security: Security System
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Forced Air, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Existing on Site
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 182952.0
  • Parcel #: 5Salt Marsh WayCapeElizR0551
  • Zoning: Res A

Tax Info

  • Tax Annual Amount: 9662.0
  • Tax Book Number: 14909
  • Tax Lot: 51
  • Tax Map Number: R05
  • Tax Year: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2015
Closed on
Jun 1, 2015
Sold by
Mcmullan Suzanne S
Bought by
Sahm John R and Sahm Agnes S
Seller's Agent
Sandra Johnson
Town & Shore Real Estate
Buyer's Agent
Jennifer DeSena
Coldwell Banker Realty
List Price
$685,000
Sold Price
$655,000
Premium/Discount to List
-$30,000
-4.38%
Current Estimated Value
$1,462,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$807,036
Avg. Annual Appreciation
7.94%
Original Mortgage
$524,000
Outstanding Balance
$410,181
Interest Rate
3.65%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,034,064
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
Sahm John R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sahm John R $524,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2015 05/22/15 Sold $655,000 -4.4% $131 / Sq Ft
03/23/2015 03/23/15 Pending -- -- --
01/07/2015 01/07/15 For Sale $685,000 -- $137 / 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 $9,880 $898,200 $303,400 $594,800
2023 $20,066 $898,200 $303,400 $594,800
2022 $12,316 $582,300 $170,700 $411,600
2021 $11,854 $585,100 $173,500 $411,600
2020 $11,655 $585,100 $173,500 $411,600
2019 $11,515 $585,100 $173,500 $411,600
2018 $11,129 $585,100 $173,500 $411,600
2017 $10,532 $585,100 $173,500 $411,600
2016 $10,263 $585,100 $173,500 $411,600
2015 $9,876 $585,100 $173,500 $411,600
2013 -- $585,100 $173,500 $411,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1201266

Maine Listings

APN: CAPE-005051R-A000000