NOT LISTED FOR SALE

51 Ocean House Rd Cape Elizabeth, ME 04107

Estimated Value: $812,000 - $897,461

1.2 Acres
$715,512 Price per Acre
52,272 Sq Ft Lot

Last Sold September 19, 2018

Last sale price $220,000

Est. 290% increase in value since last sale

Current estimated payment $5,594/month

23 Days on Market

Highlights

  • Public Beach
  • 1.2 Acre Lot
  • Property is near a golf course
  • Pond Cove Elementary School Rated A
  • No HOA
  • Level Lot

About This Lot

As of September 2018

This home is located at 51 Ocean House Rd, Cape Elizabeth, ME 04107 since 08 August 2018 and is currently estimated at $858,615. This property was built in 2020. 51 Ocean House Rd is a home located in Cumberland County with nearby schools including Pond Cove Elementary School, Cape Elizabeth Middle School, and Cape Elizabeth High School.

Last Agent to Sell the Property

Anne-Marie Mckenzie

Keller Williams Realty Listed on: 08/08/2018

Keller Williams Realty

Last Buyer's Agent

Frank Strout

RE/MAX Oceanside

RE/MAX Oceanside

Property Details

Property Type

  • Land

Year Built

  • 2020

Lot Details

  • 1.2 Acre Lot
  • Public Beach
  • Level Lot
  • Open Lot
  • Property is zoned RC

Parking

  • Driveway
  • Paved Parking

Location

  • Property is near a golf course

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 51oceanhouseroadcapeelizabeth

Property Details

Property Type

Land

Year Built

2020

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 1.2
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Broadway So Portland to Rt 77 Ocean House Rd. House on right after Spurwink Ave.
  • Property Information:Lot Size Acres -: 1.2
  • Site:Level: Yes
  • Site:Open: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Location:Near Public Beach: Yes
  • Utility Info Electric On Site: Yes
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2020

Exterior Features

  • Lot Features: Level, Open Lot, Near Golf Course, Near Public Beach, Near Shopping
  • Waterfront: No

Garage/Parking

  • Parking Features: 5 - 10 Spaces, Paved

Utilities

  • Electric: On Site
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 52272.0
  • Parcel #: 51oceanhouseroadcapeelizabeth
  • Zoning: RC

Tax Info

  • Tax Annual Amount: 5992.0
  • Tax Book Number: 29352
  • Tax Lot: 9
  • Tax Map Number: U28
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 12, 2021
Sold by
Maxwell Cove Llc
Bought by
Holt Shana L and Holt Christopher A
Total Days on Market
23
Current Estimated Value
$858,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,000
Outstanding Balance
$435,338
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$451,936

Purchase Details

Listed on
Aug 8, 2018
Closed on
Sep 19, 2018
Sold by
Long Lauren C
Bought by
Maxwell Cove Llc
Seller's Agent
Anne-Marie Mckenzie
Keller Williams Realty
Buyer's Agent
Frank Strout
RE/MAX Oceanside
List Price
$275,000
Sold Price
$220,000
Premium/Discount to List
-$55,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.14%

Purchase Details

Closed on
Feb 15, 2012
Sold by
Cooper Patrick B and Cooper Summer L
Bought by
Long Lauren C
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Holt Shana L -- None Available
Maxwell Cove Llc -- --
Long Lauren C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holt Shana L $476,000
Previous Owner Maxwell Cove Llc $367,000
Previous Owner Long Lauren S $124,500
Previous Owner Cooper Summer L $253,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2018 09/19/18 Sold $220,000 -20.0% --
09/01/2018 09/01/18 Pending -- -- --
08/08/2018 08/08/18 For Sale $275,000 -- --
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 $9,285 $844,100 $286,400 $557,700
2023 $18,857 $844,100 $286,400 $557,700
2022 $7,861 $371,700 $102,900 $268,800
2021 $7,531 $371,700 $102,900 $268,800
2020 $2,050 $102,900 $102,900 $0
2019 $2,659 $135,100 $112,900 $22,200
2018 $2,570 $135,100 $112,900 $22,200
2017 $6,345 $352,500 $112,900 $239,600
2016 $6,183 $352,500 $112,900 $239,600
2015 $5,950 $352,500 $112,900 $239,600
2013 $5,739 $352,500 $112,900 $239,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1364875

Maine Listings

APN: CAPE-028009U