B
Seller's Agent in 2024
Betty Smith
Berkshire Hathaway HomeServices Verani Realty
(207) 590-1841
11 in this area
11 Total Sales
55 Farragut Way Unit 24 Kennebunk, ME 04043
2
Beds
2
Baths
1,625
Sq Ft
$519/mo
HOA Fee
Highlights
- In Ground Pool
- View of Trees or Woods
- Cape Cod Architecture
- Active Adult
- 1 Acre Lot
- Clubhouse
About This Home
As of December 2024Attractive condo at The Farragut, a 55+ community with many amenities. This well maintained spacious one level unit boasts a primary bedroom with full bath plus guest bedroom, separate full bath, eat in kitchen,
open great room & dining with gas fireplace, beautiful hard wood floors. This Cottage is complimented with a 367 sq ft loft, of which only 4 exists in the entire complex; ideal for an office, hobby room, or extra sleeping. The 3 season sunroom offers privacy & overlooks a pretty scene of mature trees & nature. The attached garage with storage space is certainly a convenience. All of this comes with The Farragut Inn featuring an exercise room, pool, library/computer room, fully equipped kitchen, attractive common areas & more. Located within a walk or short drive
to banks, drug stores, hardware, Post Office, groceries & other shops. If thinking of scaling down your living needs, take a look at this condominium & its unique complex. You'll be glad you did!
Last Agent to Sell the Property
Berkshire Hathaway HomeServices Verani Realty Listed on: 10/16/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,861
Year Built
- Built in 1999
Lot Details
- Property fronts a private road
- Cul-De-Sac
- Landscaped
- Sprinkler System
HOA Fees
- $519 Monthly HOA Fees
Parking
- 1 Car Direct Access Garage
- Common or Shared Parking
- Automatic Garage Door Opener
- Garage Door Opener
- Shared Driveway
- Off-Street Parking
- Reserved Parking
Home Design
- Cape Cod Architecture
- Cottage
- Concrete Foundation
- Slab Foundation
- Wood Frame Construction
- Shingle Roof
- Wood Siding
- Radon Mitigation System
- Concrete Perimeter Foundation
Interior Spaces
- 1,625 Sq Ft Home
- 1-Story Property
- Cathedral Ceiling
- Gas Fireplace
- Great Room
- Dining Room
- Bonus Room
- Views of Woods
Kitchen
- Electric Range
- Microwave
- Dishwasher
- Formica Countertops
Flooring
- Wood
- Carpet
- Laminate
Bedrooms and Bathrooms
- 2 Bedrooms
- En-Suite Primary Bedroom
- En-Suite Bathroom
- 2 Full Bathrooms
- Bathtub
- Shower Only
Laundry
- Laundry on main level
- Dryer
- Washer
Home Security
Outdoor Features
- In Ground Pool
- Enclosed Glass Porch
Utilities
- No Cooling
- Heating System Uses Propane
- Baseboard Heating
- Hot Water Heating System
- Tankless Water Heater
- Gas Water Heater
- Internet Available
- Cable TV Available
Additional Features
- Level Entry For Accessibility
- Property is near a golf course
Listing and Financial Details
- Tax Lot 017
- Assessor Parcel Number KENB-000038-000000-000017-000024
Community Details
Overview
- Active Adult
- 6 Units
- The community has rules related to deed restrictions
Amenities
- Clubhouse
- Community Storage Space
Security
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 16, 2024
Closed on
Dec 5, 2024
Sold by
Leahy Michael J and Leahy Lee A
Bought by
Murray Richard K and Murray Susan R
Seller's Agent
Betty Smith
Berkshire Hathaway HomeServices Verani Realty
Buyer's Agent
Meaghan DeFreze
Keller Williams Coastal and Lakes & Mountains Realty
List Price
$529,000
Sold Price
$515,000
Premium/Discount to List
-$14,000
-2.65%
Views
99
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,276
Avg. Annual Appreciation
-0.52%
Original Mortgage
$150,000
Outstanding Balance
$148,804
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$363,920
Purchase Details
Listed on
Apr 15, 2016
Closed on
Jun 9, 2016
Sold by
Ayotte Elizabeth A
Bought by
Leahy Michael J and Leahy Lee A
Seller's Agent
Rebecca Bassett
Kennebunk Beach Realty
Buyer's Agent
Betty Smith
Berkshire Hathaway HomeServices Verani Realty
List Price
$249,000
Sold Price
$229,000
Premium/Discount to List
-$20,000
-8.03%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.00%
Original Mortgage
$171,750
Interest Rate
3.66%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 21, 2012
Sold by
Elizabeth K Ayotte Ret and Ayotte
Bought by
Ayotte Elizabeth K
Purchase Details
Closed on
Aug 6, 2008
Sold by
Ayotte Elizabeth K
Bought by
Elizabeth K Ayotte Ret
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $150,000 | Purchase Money Mortgage | |
| Closed | $150,000 | Purchase Money Mortgage | |
| Previous Owner | $171,750 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/05/2024 12/05/24 | Sold | $515,000 | -2.6% | $317 / Sq Ft | |
| 11/09/2024 11/09/24 | Pending | -- | -- | -- | |
| 10/16/2024 10/16/24 | For Sale | $529,000 | +131.0% | $326 / Sq Ft | |
| 06/08/2016 06/08/16 | Sold | $229,000 | -8.0% | $141 / Sq Ft | View Prior Sale |
| 04/23/2016 04/23/16 | Pending | -- | -- | -- | |
| 04/15/2016 04/15/16 | For Sale | $249,000 | -- | $153 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $4,861 | $286,800 | $60,000 | $226,800 |
| 2023 | $4,603 | $286,800 | $60,000 | $226,800 |
| 2022 | $4,187 | $286,800 | $60,000 | $226,800 |
| 2021 | $4,087 | $286,800 | $60,000 | $226,800 |
| 2020 | $4,058 | $286,800 | $60,000 | $226,800 |
| 2019 | $3,944 | $286,800 | $60,000 | $226,800 |
| 2018 | $3,764 | $215,100 | $45,000 | $170,100 |
| 2017 | $3,560 | $215,100 | $45,000 | $170,100 |
| 2016 | $3,420 | $215,100 | $45,000 | $170,100 |
| 2015 | $3,291 | $215,100 | $45,000 | $170,100 |
| 2014 | $3,205 | $215,100 | $45,000 | $170,100 |
Source: Public Records
Agents Affiliated with this Home
-
Betty Smith
-
Meaghan DeFreze
Buyer's Agent in 2024
Meaghan DeFreze
Keller Williams Coastal and Lakes & Mountains Realty
(603) 770-5138
1 in this area
79 Total Sales
-
R
Seller's Agent in 2016
Rebecca Bassett
Kennebunk Beach Realty
-
G
Seller Co-Listing Agent in 2016
Grainne Archer
Kennebunk Beach Realty
Map
Source: Maine Listings
MLS Number: 1606937
APN: 58 32
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