NOT LISTED FOR SALE

50 Broad Cove Rd Cape Elizabeth, ME 04107

Estimated Value: $952,000 - $1,347,000

4 Beds
2 Baths
2,560 Sq Ft
$438/Sq Ft Est. Value

Last Sold January 31, 2020

Last sale price $589,000 $230 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $6,927/month

30 Days on Market

Highlights

  • Ocean Front
  • Beach Access
  • Cape Cod Architecture
  • Pond Cove Elementary School Rated A
  • Public Beach
  • Deck

About This Home

As of January 2020

Coastal living at its best! Nestled in one of Cape Elizabeth's favorite seaside community, this cape cod style home, with views of the ocean and expansion potential, awaits its new owners. Walk across the street to the association beach, or the 'secret beach' just down the road. Perfectly sited for views of the water, this home offers one level living with the option for a second floor master or teen/guest suite. The two-tiered deck is perfect for entertaining and offers amazing views! Friends and family will want to gather here every season. Sip your morning coffee to the smell and sounds of the ocean, cozy up in the living room around the fireplace on winter evenings. A cathedraled first floor family room off the living room offers views and space for reflection, the finished family room in the basement also has a fireplace and is big enough for movie nights and work-out or studio space. Welcome home to 50 Broad Cove Road Cape Elizabeth, your lifestyle dream!

Last Agent to Sell the Property

Melissa Richter

Keller Williams Realty Listed on: 11/20/2019

Keller Williams Realty

Last Buyer's Agent

Jean-Marie Caterina

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,912

Year Built

  • Built in 1961

Lot Details

  • 0.46 Acre Lot
  • Ocean Front
  • Public Beach
  • Landscaped
  • Level Lot
  • Open Lot
  • Property is zoned RA, RP2

HOA Fees

  • $5 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

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

Interior Spaces

  • 1-Story Property
  • Built-In Features
  • Cathedral Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Built-In Oven
  • Cooktop
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Beach Access
  • Nearby Water Access
  • Deck

Location

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

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Power Generator
  • Internet Available
  • Cable TV Available

Community Details

  • Broad Cove Subdivision

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number CAPE-036018U

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,912

Year Built

Built in 1961

Lot Details

0

HOA Fees

$5 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.46
  • Water Body Name: Broad Cove/Atlantic Ocean
  • MLS Status: Closed
  • Subdivision Name: Broad Cove
  • Directions: Route 77 to Broad Cove Road, follow the road into the neighborhood, bearing right toward the ocean to #50 on the left.
  • Above Grade Finished Sq Ft: 2100.0
  • Architectural Style: Cape
  • Garage Yn: Yes
  • Efficiency: Double Pane Windows
  • Year Built: 1961
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.46
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2100.0
  • Property Information:SqFt Finished Below Grade: 460.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Dryer: 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
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Location Information:Association Fee: 55.0
  • Location Information:Fee Frequency Paid: Annually
  • Property Information:Garage Spaces: 2.0
  • Kitchen Countertop:Granite: Yes
  • Amenities:One-Floor Living: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Dining Room:Dining Room: Yes
  • Kitchen Amenities:Island: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Full Bath7: Yes
  • Room Features:Island2: Yes
  • Location:Suburban: Yes
  • Heat System:Multi-Zones: Yes
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Appliances Included:Cooktop: Yes
  • Appliances Included:Wall Oven: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Living Room Amenities:Wood Burning Fireplace14: Yes
  • Room Features:Skylight32: Yes
  • Room Features:Wood Burning Fireplace29: Yes
  • Equipment:Internet Access Available: Yes
  • Family Room:Family Room: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Equipment:Cable: Yes
  • Room Features:Cathedral Ceiling29: Yes
  • View:Scenic: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Equipment:Generator: Yes
  • Room Features:Built-Ins30: Yes
  • Transportation:Public Transport Access: Yes
  • Recreational Water:Beach Rights: Yes
  • Bedroom Amenities 3:Skylight11: Yes
  • Family Room Amenities:Wood Burning Fireplace10: Yes
  • Living Room Amenities:Built-Ins14: Yes
  • Family Room Amenities:Cathedral Ceiling17: Yes
  • Dining Room Amenities:Built-Ins8: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Wall Oven, Refrigerator, Dryer, Disposal, Dishwasher, Cooktop
  • Has Basement: Finished, Full, Interior Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 460.0
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Primary Bedroom w/Bath, One-Floor Living
  • Full Basement: Yes
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Second
  • Dining Room Dining Room Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Level, Open Lot, Landscaped, Near Golf Course, Near Public Beach, Near Shopping, Near Town, Neighborhood, Subdivided, Suburban, Near Public Transit
  • View: Scenic
  • Waterfront Features: Ocean
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Paved, Garage Door Opener

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 55.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 20037.6
  • Parcel #: CAPE-036018U
  • Zoning: RA, RP2

Tax Info

  • Tax Annual Amount: 6912.0
  • Tax Book Number: 10754
  • Tax Lot: 18
  • Tax Map Number: U36
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2019
Closed on
Jan 31, 2020
Sold by
Velentgas Priscilla and Crockett Paul W
Bought by
Zarba Michael F and Zarba Lore
Seller's Agent
Melissa Richter
Keller Williams Realty
Buyer's Agent
Jean-Marie Caterina
Coldwell Banker Realty
List Price
$589,000
Sold Price
$589,000
Current Estimated Value
$1,101,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$512,371
Avg. Annual Appreciation
10.63%
Original Mortgage
$414,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2017
Sold by
Canto Christopher C
Bought by
Crockett Paul W and Velentgas Priscilla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
3.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 2009
Sold by
Auerbach Benjamin H and Auerbach Susan
Bought by
Canto Christopher C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,250
Interest Rate
4.86%
Mortgage Type
FHA
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
Zarba Michael F -- None Available
Crockett Paul W -- --
Canto Christopher C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zarba Micahel F $418,500
Closed Zarba Michael F $414,000
Previous Owner Velentgas Priscilla $15,357
Previous Owner Crockett Paul W $468,000
Previous Owner Canto Christopher C $350,000
Previous Owner Canto Christopher C $375,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2020 01/31/20 Sold $589,000 0.0% $230 / Sq Ft
12/15/2019 12/15/19 Pending -- -- --
11/14/2019 11/14/19 For Sale $589,000 -- $230 / 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 $10,079 $916,300 $642,800 $273,500
2023 $20,470 $916,300 $642,800 $273,500
2022 $7,428 $351,200 $153,400 $197,800
2021 $7,115 $351,200 $153,400 $197,800
2020 $6,996 $351,200 $153,400 $197,800
2019 $6,912 $351,200 $153,400 $197,800
2018 $6,680 $351,200 $153,400 $197,800
2017 $6,322 $351,200 $153,400 $197,800
2016 $6,160 $351,200 $153,400 $197,800
2015 $5,928 $351,200 $153,400 $197,800
2013 $5,718 $351,200 $153,400 $197,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1438990

Maine Listings

APN: CAPE-036018U