NOT LISTED FOR SALE

505 Mitchell Rd Cape Elizabeth, ME 04107

Estimated Value: $807,000 - $1,426,000

4 Beds
2 Baths
2,003 Sq Ft
$593/Sq Ft Est. Value

Sale Details

Date Sold: July 24, 2024

Last sale price $500,000 $250 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $6,725 / mo

2 Days on Market

Highlights

  • Nearby Water Access
  • Public Beach
  • View of Trees or Woods
  • Pond Cove Elementary School Rated A
  • Country Club
  • Deck

About This Home

As of July 2024

Mid century modern home located in Cape Elizabeth featuring hardwood floors, 2 fireplaces and a spacious layout. Perfect home for those looking for a project to make their own. The main house offers one level living with 3 bedrooms, one bath, living room and a family room. The addition offers an additional bedroom, bathroom, living area with fireplace and kitchen. Both the main house and addition have sliders that open to a deck overlooking the private back yard. This property lends itself well to multi generation living. Close to beaches, schools and shopping this home is waiting for you to bring it back to its glory.

Last Agent to Sell the Property

Kathy Weese-Dyer

Welcome Home Real Estate Brokerage Email: kathyweesedyer@gmail.com Listed on: 06/22/2024

Last Buyer's Agent

Christopher Tinsman

Keystone Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,085

Year Built

  • Built in 1960

Lot Details

  • 10,019 Sq Ft Lot
  • Public Beach
  • Level Lot
  • Property is zoned RA

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Ranch Style House
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,003 Sq Ft Home
  • 2 Fireplaces
  • Family Room
  • Living Room
  • Views of Woods

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

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

Outdoor Features

  • Nearby Water Access
  • Deck

Location

  • Property is near golf course

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Hot Water Heating System
  • Natural Gas Not Available

Listing and Financial Details

  • Tax Lot 019 A
  • Assessor Parcel Number CAPE-025019U-A000000

Community Details

Overview

  • No Home Owners Association

Recreation

  • Country Club

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,085

Year Built

Built in 1960

Lot Details

10,019 Sq Ft Lot

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.23
  • MLS Status: Closed
  • Directions: Route 77/Ocean House Road to Mitchell to #505 on the left.
  • Above Grade Finished Sq Ft: 2003.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Year Built: 1960
  • Attribution Contact: kathyweesedyer@gmail.com
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 224.16
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.23
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2003.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 2.0
  • Basement:Unfinished: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Style:Ranch: Yes
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Recreational Water:Nearby: Yes
  • View:TreesWoods: Yes
  • Family Room:Family Room: Yes
  • Location:Near Country Club: Yes
  • Basement:Sump Pump: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 2
  • Advertising Remarks:Advertising Remarks: Mid century modern home located in Cape Elizabeth featuring hardwood floors, 2 fireplaces and a spacious layout. Perfect home for those looking for a project to make their own. The main house offers one level living with 3 bedrooms, one bath, living room and a family room. The addition offers an additional bedroom, bathroom, living area with fireplace and kitchen. Both the main house and addition have sliders that open to a deck overlooking the private back yard. This property lends itself well to multi generation living. Close to beaches, schools and shopping this home is waiting for you to bring it back to its glory. Contact Kathy Dyer for a showing! 207-653-4391 ~ kathyweesedyer@gmail.com
  • Special Features: VirtualTour

Interior Features

  • Has Basement: Bulkhead, Full, Sump Pump, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Bedroom
  • Full Basement: Yes
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bedroom 4 Bedroom 4 Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Level, Near Golf Course, Near Public Beach
  • View: Trees/Woods
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Paved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Cape Elizabeth Public Schools

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10018.8
  • Parcel #: CAPE-025019U-A000000
  • Zoning: RA

Tax Info

  • Tax Annual Amount: 5085.0
  • Tax Lot: 019 A
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2024
Closed on
Jul 24, 2024
Sold by
Stanford George H
Bought by
91 Old Ocean House Rd Llc
Seller's Agent
Kathy Weese-Dyer
Welcome Home Real Estate
Buyer's Agent
Christopher Tinsman
Keystone Real Estate
List Price
$449,000
Sold Price
$500,000
Premium/Discount to List
$51,000
11.36%
Views
78
Current Estimated Value
$1,187,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$687,786
Avg. Annual Appreciation
63.96%
Original Mortgage
$500,000
Outstanding Balance
$491,250
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$696,536
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
91 Old Ocean House Rd Llc $500,000 None Available
91 Old Ocean House Rd Llc $500,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 91 Old Ocean House Rd Llc $500,000
Closed 91 Old Ocean House Rd Llc $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2024 07/24/24 Sold $500,000 +11.4% $250 / Sq Ft
06/25/2024 06/25/24 Pending -- -- --
06/22/2024 06/22/24 For Sale $449,000 -- $224 / Sq Ft
Source: Maine Listings

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
2025 $5,654 $482,000 $265,400 $216,600
2024 $6,442 $585,600 $265,400 $320,200
2023 $13,082 $585,600 $265,400 $320,200
2022 $5,429 $256,700 $76,700 $180,000
2021 $5,201 $256,700 $76,700 $180,000
2020 $5,113 $256,700 $76,700 $180,000
2019 $5,052 $256,700 $76,700 $180,000
2018 $4,882 $256,700 $76,700 $180,000
2017 $4,621 $256,700 $76,700 $180,000
2016 $4,503 $256,700 $76,700 $180,000
2015 $4,333 $256,700 $76,700 $180,000
2013 $4,179 $256,700 $76,700 $180,000
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2024

    Kathy Weese-Dyer

    Welcome Home Real Estate

    (207) 653-4391

    2 in this area

    100 Total Sales

    Kathy Weese-Dyer
    Section Image

  • C

    Buyer's Agent in 2024

    Christopher Tinsman

    Keystone Real Estate

See All Agents

Map

Source: Maine Listings

MLS Number: 1594399

Maine Listings

APN: CAPE-025019U-A000000

Maine Cumberland County Cape Elizabeth 04107

505 Mitchell Rd, Cape Elizabeth, ME

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