Seller's Agent in 2021
David Banks
RE/MAX
(207) 773-2345
41 in this area
1,083 Total Sales
5 Spruce Ln Cape Elizabeth, ME 04107
Estimated Value: $1,148,000 - $1,373,000
4
Beds
2.5
Baths
2,420
Sq Ft
$518/Sq Ft
Est. Value
Highlights
- Public Beach
- Colonial Architecture
- Wooded Lot
- Pond Cove Elementary School Rated A
- Family Room with Fireplace
- Wood Flooring
About This Home
As of September 2021Rare opportunity to live in highly sought after area of Broad Cove, Cape Elizabeth! This colonial is meticulously maintained and updated sitting on a .38 acre well landscaped and wooded lot with irrigation. Modern kitchen with large island and quartz counters, opens to the family room with cathedral ceilings and built ins. The adjacent dining room has large Cherry cabinets for storage , the large living room has a wood burning fireplace and built in bookshelves. Four bedrooms on second floor, primary bedroom has ensuite bathroom. Partially finished basement with great space for an office, media room or work out area and a wood burning fireplace. Private deck and hardscaping offer views of the quaint wooded lot that is just minutes to the beaches.
Last Buyer's Agent
Chessell McGee
Coldwell Banker Realty
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,781
Year Built
- Built in 1966
Lot Details
- 0.38 Acre Lot
- Public Beach
- Landscaped
- Interior Lot
- Level Lot
- Wooded Lot
- Property is zoned RA
Parking
- 2 Car Direct Access Garage
- Automatic Garage Door Opener
- Garage Door Opener
- Driveway
Home Design
- Colonial Architecture
- Concrete Foundation
- Wood Frame Construction
- Shingle Roof
- Clap Board Siding
- Concrete Perimeter Foundation
- Clapboard
Interior Spaces
- Built-In Features
- Skylights
- Wood Burning Fireplace
- Family Room with Fireplace
- 3 Fireplaces
- Living Room with Fireplace
- Dining Room
- Den
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary bedroom located on second floor
- En-Suite Primary Bedroom
Basement
- Basement Fills Entire Space Under The House
- Partial Basement
- Interior Basement Entry
Location
- Property is near a golf course
- Suburban Location
Utilities
- No Cooling
- Heating System Uses Oil
- Baseboard Heating
- Hot Water Heating System
- Natural Gas Not Available
- Private Sewer
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 52
- Assessor Parcel Number CAPE-036052U
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 17, 2021
Closed on
Sep 27, 2021
Sold by
Azhand Dana Ret
Bought by
Lauer Josh C and Nackos Eleni N
Seller's Agent
David Banks
RE/MAX By The Bay
Buyer's Agent
Chessell McGee
Coldwell Banker Realty
List Price
$875,000
Sold Price
$919,500
Premium/Discount to List
$44,500
5.09%
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
$334,165
Avg. Annual Appreciation
8.10%
Original Mortgage
$705,600
Outstanding Balance
$650,382
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$599,561
Purchase Details
Closed on
Mar 3, 2016
Sold by
Dana Reza and Dana Azhand
Bought by
Reza Dana Ret
Purchase Details
Closed on
Mar 13, 2012
Sold by
Dana Reza
Bought by
Dana Reza and Dana Azhand
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
3.99%
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 |
|---|---|---|---|
| Lauer Josh C | -- | None Available | |
| Reza Dana Ret | -- | -- | |
| Azhand Dana Ret | -- | -- | |
| Dana Reza | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lauer Josh C | $705,600 | |
| Previous Owner | Dana Reza | $165,000 | |
| Previous Owner | Dana Reza | $170,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/27/2021 09/27/21 | Sold | $919,500 | +5.1% | $380 / Sq Ft |
| 08/19/2021 08/19/21 | Pending | -- | -- | -- |
| 08/17/2021 08/17/21 | For Sale | $875,000 | -- | $362 / 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 | $11,714 | $1,064,900 | $637,400 | $427,500 |
| 2023 | $23,785 | $1,064,700 | $637,400 | $427,300 |
| 2022 | $8,261 | $390,600 | $139,400 | $251,200 |
| 2021 | $7,914 | $390,600 | $139,400 | $251,200 |
| 2020 | $7,781 | $390,600 | $139,400 | $251,200 |
| 2019 | $7,687 | $390,600 | $139,400 | $251,200 |
| 2018 | $7,429 | $390,600 | $139,400 | $251,200 |
| 2017 | $7,031 | $390,600 | $139,400 | $251,200 |
| 2016 | $6,851 | $390,600 | $139,400 | $251,200 |
| 2015 | $6,593 | $390,600 | $139,400 | $251,200 |
| 2013 | $6,359 | $390,600 | $139,400 | $251,200 |
Source: Public Records
Agents Affiliated with this Home
-
David Banks
-
C
Buyer's Agent in 2021
Chessell McGee
Coldwell Banker Realty
Map
Source: Maine Listings
MLS Number: 1505525
APN: CAPE-036052U
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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