NOT LISTED FOR SALE

Estimated Value: $823,000 - $1,000,588

0.68 Acre
$1,382,201 Price per Acre
29,621 Sq Ft Lot

Last Sold March 25, 2024

Last sale price $975,000

Est. 4% decrease in value since last sale

Current estimated payment $5,408/month

Highlights

  • Ocean Front
  • Public Beach
  • Wooded Lot
  • Kennebunk High School Rated 9+
  • 0.68 Acre Lot
  • Cul-De-Sac

About This Lot

As of March 2024

Amazing opportunity to own one of the premier lots in Phase II of Binnacle Hill subdivision. Lot # 23 sits high up at the end of Timber Way. Beautiful views towards Goose Rocks Beach and private access through Henchey Way to the sand! Binnacle Hill subdivision offers public sewer, public water, underground electric, paved roads, open green space and woods.

Last Agent to Sell the Property

Elise Wyman

Pack Maynard and Associates Listed on: 01/26/2024

Last Buyer's Agent

Victoria Benenti

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,459

Lot Details

  • 0.68 Acre Lot
  • Ocean Front
  • Public Beach
  • Cul-De-Sac
  • Street terminates at a dead end
  • Wooded Lot
  • Property is zoned GR

HOA Fees

  • $125 Monthly HOA Fees

Property Views

  • Water
  • Scenic Vista

Parking

  • No Driveway
  • On-Site Parking

Utilities

  • Underground Utilities
  • Natural Gas Not Available

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number KENP-000041-000002-000008B-000023

Property Details

Property Type

Land

Est. Annual Taxes

$3,459

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.68
  • Road Surface Type: Paved
  • Water Body Name: Atlantic Ocean
  • MLS Status: Closed
  • Directions: New Biddeford Road to Binnacle Hill, Timber Way is first right. Lot# 23 end on your left
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.68
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Location Information:Association Fee: 1500.0
  • Location Information:Fee Frequency Paid: Annually
  • Gas:No Gas: Yes
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Roads:Dead End: Yes
  • Site:Wooded: Yes
  • Driveway:No Driveway: Yes
  • View:Scenic: Yes
  • Property Information:Mobile Homes Allowed: No
  • Site:Cul-De-Sac: Yes
  • Electric:Underground: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Cul-De-Sac, Wooded, Near Public Beach, Subdivided
  • View: Scenic
  • Waterfront Features: Ocean
  • Waterfront: No

Garage/Parking

  • Parking Features: No Driveway, On Site

Utilities

  • Electric: Underground
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1500.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 29620.8
  • Parcel #: KENP-000041-000002-000008B-000023
  • Zoning: GR

Tax Info

  • Tax Annual Amount: 3459.0
  • Tax Book Number: 18589
  • Tax Lot: 8
  • Tax Map Number: 41
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2024
Closed on
Mar 20, 2024
Sold by
Paul & Audrey Lakin Ret and Lakin
Bought by
Bruce A Major Ft and Major
Seller's Agent
Elise Wyman
Pack Maynard and Associates
Buyer's Agent
Victoria Benenti
Coldwell Banker Realty
List Price
$975,000
Sold Price
$975,000
Views
8
Current Estimated Value
$939,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$35,103
Avg. Annual Appreciation
1.78%
Original Mortgage
$682,500
Outstanding Balance
$673,137
Interest Rate
6.64%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$328,321
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
Bruce A Major Ft $975,000 None Available
Bruce A Major Ft $975,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bruce A Major Ft $682,500
Closed Bruce A Major Ft $682,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2024 03/25/24 Sold $975,000 0.0% --
01/26/2024 01/26/24 Pending -- -- --
01/26/2024 01/26/24 For Sale $975,000 -- --
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 $3,598 $553,500 $553,500 $0
2023 $3,459 $553,500 $553,500 $0
2022 $3,321 $553,500 $553,500 $0
2021 $3,220 $335,400 $335,400 $0
2020 $3,170 $335,400 $335,400 $0
2019 $1,585 $167,700 $167,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1581081

Maine Listings

APN: 41 2 8 B20