NOT LISTED FOR SALE

51 River Locks Rd Kennebunk, ME 04043

Estimated Value: $1,753,000 - $2,852,296

6 Beds
3.5 Baths
3,564 Sq Ft
$667/Sq Ft Est. Value

Last Sold January 05, 2024

Last sale price $2,550,000 $715 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $13,669/month

15 Days on Market

Highlights

  • 1,810 Feet of Waterfront
  • Barn
  • 13.24 Acre Lot
  • Kennebunk High School Rated 9+
  • Country Club
  • Cape Cod Architecture

About This Home

As of January 2024

Located on over 13 acres of beautifully manicured grounds with stunning river and woodland views, Sea River Oaks is a Traditional Farmhouse that boasts privacy, comfort, and historic charm. The 1800's saltwater farm has been tastefully restored to include 14 rooms, 6 bedrooms, and 3.5 baths, and is an expansive 3,500 square feet. The first floor features an oversized eat-in kitchen with breathtaking water views, a large formal dining room with wet bar, a generous family room, a living room with full wall built-ins and desk area, a full bath with laundry, and a walk-through den. Throughout the first floor, you will notice original elements that have been well-preserved, including wide-plank pine boards, brick and stone hearths, and built-in shelving and drawers. The sun-drenched sunroom offers a 180-degree view towards the 1,800 feet of exclusively owned river frontage, sit and relax in library or by any of the 3 wood-burning fireplaces. The second level is dedicated to bedrooms, with two of the bedrooms located separately from the rest, creating a private suite with a shared full bath. Three of the bedrooms share an additional full bath, while the primary suite has an en-suite bath, walk-thru closet, separate entrance stairs from the first level, and an office area. Sea River Oaks also features a workshop, a horse barn that has been converted to an equipment barn for your tractors or vehicle storage. Savor the outdoors by sitting by the pond or launching kayaks, paddle boards, or small boats from the river's edge. Escape from it all at Sea River Oaks, a once-in-a-lifetime offering and an unbelievable opportunity. Conveniently located just a short stroll to downtown Dock Square and coastal amenities of Kennebunk and Kennebunkport, with a short drive to Portland.

Last Agent to Sell the Property

Rick Cosseboom

Anchor Real Estate Listed on: 10/19/2023

Last Buyer's Agent

Jasmine Pellerin

Keller Williams Realty

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,630

Year Built

  • Built in 1835

Lot Details

  • 13.24 Acre Lot
  • 1,810 Feet of Waterfront
  • River Front
  • Property fronts a private road
  • Dirt Road
  • Near Conservation Area
  • Landscaped
  • Open Lot
  • Lot Has A Rolling Slope
  • Wooded Lot

Parking

  • 1 Car Detached Garage
  • Gravel Driveway
  • Off-Street Parking

Property Views

  • Water
  • Scenic Vista
  • Woods

Home Design

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

Interior Spaces

  • 3,564 Sq Ft Home
  • Built-In Features
  • Wood Burning Fireplace
  • Mud Room
  • Family Room
  • Living Room
  • Dining Room with Fireplace
  • 3 Fireplaces
  • Den
  • Library with Fireplace
  • Sun or Florida Room
  • Unfinished Basement
  • Interior and Exterior Basement Entry

Kitchen

  • Eat-In Kitchen
  • Stove
  • Solid Surface Countertops

Flooring

  • Wood
  • Brick
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary bedroom located on second floor

Outdoor Features

  • Shed
  • Outbuilding

Location

  • Property is near a golf course
  • City Lot

Farming

  • Barn
  • Pasture

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Pellet Stove burns compressed wood to generate heat
  • Baseboard Heating
  • Hot Water Heating System
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number KENB-000085-000000-000011

Community Details

Overview

  • No Home Owners Association
  • The community has rules related to deed restrictions

Recreation

  • Country Club

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,630

Year Built

Built in 1835

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 13.24
  • Road Frontage Type: Private
  • Road Surface Type: Gravel
  • Water Body Name: Kennebunk River
  • MLS Status: Closed
  • Directions: From Port Road in Kennebunk take a right into the River Locks neighborhood. Take the first right and then your next right . Property is located about 200 yards up on the right.
  • Above Grade Finished Sq Ft: 3564.0
  • Architectural Style: Cape
  • Garage Yn: Yes
  • Year Built: 1835
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 13.24
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 3564.0
  • Property Information:Garage: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat System:Stove: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 1.0
  • Roads:Private: Yes
  • Vehicle Storage:_one_ Car: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Dining Room:Dining Room: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Living Room:Living Room: Yes
  • Room Features:Eat-in Kitchen2: Yes
  • Mud Room:Mud Room: Yes
  • Exterior:Clapboard: Yes
  • Heat System:Multi-Zones: Yes
  • Exterior:Wood Siding: Yes
  • Sunroom:Sunroom: Yes
  • Sewer:Private Sewer: Yes
  • Property Information:Short Sale Continue to Show: No
  • Heat Fuel:Wood2: Yes
  • Room Features:Wood Burning Fireplace29: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 1810.0
  • Water Info:Water Frontage Owned -: 1810.0
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Site:RollingSloping: Yes
  • Family Room:Family Room: Yes
  • Property Information:Deed Restrictions: Yes
  • Property Information:Bank Owned REO: No
  • Property Information:_two_ Detached Houses on 1 Lot: No
  • Room Features:Heat Stove29: Yes
  • View:Scenic: Yes
  • Location:Near Country Club: Yes
  • View:Fields: Yes
  • Utility Info Electric On Site: Yes
  • Kitchen Countertop:Solid Surface: Yes
  • Site:PastureField: Yes
  • Dining Room Amenities:Wood Burning Fireplace8: Yes
  • Room Features:Built-Ins30: Yes
  • Location:Abuts Conservation: Yes
  • Den:Den: Yes
  • Library:Library: Yes
  • Heat Fuel:Pellets: Yes
  • Sunroom Amenities:Four-Season: Yes
  • Floors:Brick2: Yes
  • Library Amenities:Wood Burning Fireplace13: Yes
  • Den Amenities:Built-Ins7: Yes
  • Kitchen Amenities:Heat Stove7: Yes
  • Other Structures:Shed: Yes
  • Other Structures:Barn: Yes
  • Other Structures:Out Building: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 3
  • Special Features: None

Interior Features

  • Has Basement: Bulkhead, Exterior Entry, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplaces: 3
  • Fireplace: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Bedroom 4 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: Second
  • Bedroom 5:Bedroom 5 Level: Second
  • Bedroom 6:Bedroom 6 Level: Second

Exterior Features

  • Lot Features: Open Lot, Rolling Slope, Landscaped, Wooded, Abuts Conservation, Pasture, Intown, Near Golf Course, Near Shopping, Near Town
  • View: Fields, Scenic, Trees/Woods
  • Waterfront Features: River
  • Waterfront: Yes
  • Construction Type: Wood Siding, Clapboard, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Barn, Outbuilding, Shed(s)
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: 5 - 10 Spaces, Gravel, Detached, Off Street

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 576734.4
  • Parcel #: KENB-000085-000000-000011
  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 11630.0
  • Tax Book Number: 15448
  • Tax Lot: 11
  • Tax Map Number: 85
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2023
Closed on
Jan 5, 2024
Sold by
Towne Sherman E and Towne Sharon M
Bought by
Ferguson Craig
Seller's Agent
Rick Cosseboom
Anchor Real Estate
Buyer's Agent
Jasmine Pellerin
Keller Williams Realty
List Price
$2,849,000
Sold Price
$2,550,000
Premium/Discount to List
-$299,000
-10.49%
Total Days on Market
15
Current Estimated Value
$2,375,432

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$174,568
Avg. Annual Appreciation
-3.94%
Original Mortgage
$1,785,000
Outstanding Balance
$1,759,570
Interest Rate
7.13%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$620,976

Purchase Details

Closed on
Jul 3, 2008
Sold by
Jackson Orton P
Bought by
Towne Sherman E and Towne Sharon M
Source: Public Records

Range of Values:

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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
Ferguson Craig $2,550,000 None Available
Ferguson Craig -- None Available
Towne Sherman E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferguson Craig $1,785,000
Previous Owner Towne Sherman E $42,500
Previous Owner Towne Sharon M $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2024 01/05/24 Sold $2,550,000 -10.5% $715 / Sq Ft
11/03/2023 11/03/23 Pending -- -- --
10/19/2023 10/19/23 For Sale $2,849,000 -- $799 / 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 $13,502 $796,600 $0 $0
2023 $12,785 $796,600 $422,700 $373,900
2022 $11,630 $796,600 $422,700 $373,900
2021 $11,352 $796,600 $422,700 $373,900
2020 $11,272 $796,600 $422,700 $373,900
2019 $4,295 $796,600 $422,700 $373,900
2018 $10,456 $597,500 $317,000 $280,500
2017 $3,965 $597,500 $317,000 $280,500
2016 $9,500 $597,500 $317,000 $280,500
2015 $9,142 $597,500 $317,000 $280,500
2014 $8,903 $597,500 $317,000 $280,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1575298

Maine Listings

APN: KENB-000085-000000-000011