NOT LISTED FOR SALE

502 Reach Rd Sargentville, ME 04673

Estimated Value: $693,000 - $992,000

3 Beds
2 Baths
2,400 Sq Ft
$360/Sq Ft Est. Value

Last Sold May 31, 2023

Last sale price $807,500 $336 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,109/month

3 Days on Market

Highlights

  • 124 Feet of Waterfront
  • Main Floor Bedroom
  • Bonus Room
  • Wood Flooring
  • 1 Fireplace
  • No HOA

About This Home

As of May 2023

Welcome to ''White Caps'', a charming year-round cottage with breathtaking views of Eggemoggin Reach and 124 feet of pristine shoreline. This hidden gem boasts a coveted location up high, providing the perfect vantage point to soak in the stunning scenery.

Step inside, and you'll be greeted by a spacious and inviting interior, complete with a large primary bedroom suite on the second floor, two additional bedrooms, and ample flexible space for all your family's hobbies and needs.

This property also features a generously-sized, attached, heated, 3-car garage.

Built-in 1955, this home has been lovingly cared for by one family for generations. With various updates and additions over the years, it seamlessly blends classic charm with modern convenience.

A convenient road traversing the property makes accessing the shore a breeze, whether you're taking the boat out for a spin or enjoying a waterfront picnic. Plus, with ample space on the lot, there's even potential for building another structure closer to the water's edge.

Last Agent to Sell the Property

Molly Dwyer

The Christopher Group, LLC Listed on: 04/21/2023

Co-Listed By

Jill Knowles

The Christopher Group, LLC

Last Buyer's Agent

Jamie McNair

Compass Point Real Estate, Inc.

Compass Point Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,485

Year Built

  • Built in 1955

Lot Details

  • 2.5 Acre Lot
  • 124 Feet of Waterfront
  • Ocean Front
  • Rural Setting
  • Open Lot
  • Lot Has A Rolling Slope
  • Property is zoned Shoreland

Parking

  • 3 Car Attached Garage
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Gravel Driveway

Home Design

  • Bungalow
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,400 Sq Ft Home
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Bonus Room
  • Water Views
  • Home Security System

Kitchen

  • Built-In Oven
  • Gas Range

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Shower Only

Laundry

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

Unfinished Basement

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Heating System Mounted To A Wall or Window
  • Generator Hookup
  • Private Water Source
  • Well
  • Water Heated On Demand
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number SEDG-000010-000000-000005

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,485

Year Built

Built in 1955

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.5
  • Road Surface Type: Paved
  • Water Body Name: Eggemoggin Reach
  • Co List Office Mls Id: 2494
  • Co List Office Phone: 877-350-4409
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 2400.0
  • Architectural Style: Bungalow
  • Garage Yn: Yes
  • Year Built: 1955
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 2.5
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2400.0
  • Property Information:Garage: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:On Demand: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Amenities:Security System: Yes
  • Property Information:Garage Spaces: 3.0
  • Exterior:Vinyl Siding: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Basement:Unfinished: Yes
  • Amenities:Walk-in Closets: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Style:Bungalow: Yes
  • Roof:Composition2: Yes
  • Foundation Materials:Block3: Yes
  • Bonus Room:Bonus Room: Yes
  • Appliances Included:Cooktop: Yes
  • Appliances Included:Wall Oven: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Location:Rural: Yes
  • Water Info:Waterfront Amount -: 124.0
  • Water Info:Water Frontage Owned -: 124.0
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:RollingSloping: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Appliances Included:Gas Range: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Laundry Room:Laundry Room: Yes
  • Electric:Generator Hookup: Yes
  • Heat System:Direct Vent Furnace: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Wall Oven, Refrigerator, Gas Range, Dryer, Cooktop
  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Walk-in Closets, 1st Floor Bedroom, Shower, Primary Bedroom w/Bath
  • Full Basement: Yes
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: Second
  • Laundry Room Laundry Room Level: First

Exterior Features

  • Lot Features: Open Lot, Rolling Slope, Rural
  • Waterfront Features: Ocean
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Block
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: 1 - 4 Spaces, Gravel, Garage Door Opener

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Security: Security System
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Direct Vent Furnace
  • Heating Yn: Yes
  • Electric: Generator Hookup, Circuit Breakers
  • Sewer: Septic Existing on Site
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 108900.0
  • Parcel #: SEDG-000010-000000-000005
  • Zoning: Shoreland

Tax Info

  • Tax Annual Amount: 5485.0
  • Tax Book Number: 7048
  • Tax Lot: 5
  • Tax Map Number: 10
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 2, 2024
Sold by
R H Stanley Restated Ret and Jacobs
Bought by
R H Stanley Marital Ret and Jacobs
Current Estimated Value
$863,197

Purchase Details

Closed on
Aug 9, 2024
Sold by
Stanley Rebecca H and Jacobs Charles A
Bought by
Amended & Restated Ret and Stanley

Purchase Details

Listed on
Apr 21, 2023
Closed on
May 31, 2023
Sold by
Anderson Lt and Anderson
Bought by
Stanley Rebecca H and Jacobs Charles A
Seller's Agent
Molly Dwyer
The Christopher Group, LLC
Buyer's Agent
Jamie McNair
Compass Point Real Estate, Inc.
List Price
$775,000
Sold Price
$807,500
Premium/Discount to List
$32,500
4.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.47%
Original Mortgage
$400,000
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 18, 2020
Sold by
Janet S Anderson Ret and Anderson
Bought by
Anderson Lt and Annderson
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
R H Stanley Marital Ret -- None Available
R H Stanley Marital Ret -- None Available
Amended & Restated Ret -- None Available
Amended & Restated Ret -- None Available
Stanley Rebecca H $807,500 None Available
Stanley Rebecca H $807,500 None Available
Anderson Lt -- None Available
Anderson Lt -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stanley Rebecca H $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2023 05/31/23 Sold $807,500 +4.2% $336 / Sq Ft
04/24/2023 04/24/23 Pending -- -- --
04/21/2023 04/21/23 For Sale $775,000 -- $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 $6,125 $407,800 $246,400 $161,400
2023 $5,750 $407,800 $246,400 $161,400
2022 $5,485 $407,800 $246,400 $161,400
2021 $5,363 $407,800 $246,400 $161,400
2020 $5,530 $407,800 $246,400 $161,400
2019 $5,375 $407,800 $246,400 $161,400
2018 $5,872 $485,300 $323,900 $161,400
2017 $5,654 $485,300 $323,900 $161,400
2016 $5,508 $485,300 $323,900 $161,400
2015 $4,984 $485,300 $323,900 $161,400
2014 $5,008 $485,300 $323,900 $161,400
2013 $4,944 $482,300 $323,900 $158,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1556732

Maine Listings

APN: SEDG-000010-000000-000005