NOT LISTED FOR SALE

56 Cape Cir Addison, ME 04606

Estimated Value: $1,028,000 - $1,283,000

4 Beds
4 Baths
2,300 Sq Ft
$516/Sq Ft Est. Value

Last Sold November 30, 2022

Last sale price $1,100,000 $478 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $7,636/month

151 Days on Market

Highlights

  • 992 Feet of Waterfront
  • Main Floor Bedroom
  • Great Room
  • Wood Flooring
  • 1 Fireplace
  • Living Room

About This Home

As of November 2022

The Jewel of Cape Split, this finely crafted gem is perched high above the smashing surf of the open Atlantic in one of Downeast Maine's most exclusive neighborhoods. The property features ultimate privacy with its 992 feet of amazing deepwater frontage and 3 full spruce clad acres including an entire peninsula. Adjacent is the association's Whale Cove beach for ease of access for kayak launches and beach combing. The quality of this 4 bedroom 2 full and 2 half bath John Silverio design and the setting is unmatched in todays market.

Last Agent to Sell the Property

Seth Milliken

Bold Coast Properties Listed on: 08/10/2022

Last Buyer's Agent

Tacy Ridlon

Better Homes & Gardens Real Estate/The Masiello Group

Better Homes & Gardens Real Estate/The Masiello Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,159

Year Built

  • Built in 2005

Lot Details

  • 3 Acre Lot
  • 992 Feet of Waterfront
  • Ocean Front
  • Dirt Road
  • Level Lot
  • Property is zoned Shoreland

HOA Fees

  • $35 Monthly HOA Fees

Parking

  • Gravel Driveway

Home Design

  • Mansard Roof Shape
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 2,300 Sq Ft Home
  • 1 Fireplace
  • Great Room
  • Living Room
  • Water Views
  • Exterior Basement Entry
  • Laundry Room

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Natural Gas Not Available
  • Private Water Source
  • Water Heated On Demand
  • Private Sewer

Listing and Financial Details

  • Tax Lot 013
  • Assessor Parcel Number 56CapeCircleAddison04606

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,159

Year Built

Built in 2005

Lot Details

0

HOA Fees

$35 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 3.0
  • Road Surface Type: Gravel
  • Water Body Name: Atlantic Ocean
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 2300.0
  • Architectural Style: Mansard
  • Garage Yn: No
  • Year Built: 2005
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 3.0
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 2300.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Water Heater:On Demand: Yes
  • Location Information:Association Fee: 425.0
  • Location Information:Fee Frequency Paid: Annually
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Exterior:Wood Siding: Yes
  • Sewer:Private Sewer: Yes
  • Water Info:Waterfront Amount -: 992.0
  • Water Info:Water Frontage Owned -: 992.0
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Great Room:Great Room: Yes
  • Laundry Room:Laundry Room: Yes
  • Style:Mansard: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: None

Interior Features

  • Has Basement: Bulkhead, Exterior Entry
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Bedroom 4 Level: Second
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Laundry Room Laundry Room Level: First

Exterior Features

  • Lot Features: Level, Near Town
  • Waterfront Features: Ocean
  • Waterfront: Yes
  • Construction Type: Wood Siding, Shingle Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Gravel

Utilities

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

Condo/Co-op/Association

  • Association Fee: 425.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 130680.0
  • Parcel #: 56CapeCircleAddison04606
  • Zoning: Shoreland

Tax Info

  • Tax Annual Amount: 11158.52
  • Tax Book Number: 2486
  • Tax Lot: 013
  • Tax Map Number: 022
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2022
Closed on
Nov 30, 2022
Sold by
Baillie John K and Baillie Barbara
Bought by
Stein Mark and Stein Tammy
Seller's Agent
Seth Milliken
Bold Coast Properties
Buyer's Agent
Tacy Ridlon
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$1,299,000
Sold Price
$1,100,000
Premium/Discount to List
-$199,000
-15.32%
Views
2
Current Estimated Value
$1,187,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,215
Avg. Annual Appreciation
2.10%
Original Mortgage
$880,000
Outstanding Balance
$857,069
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$303,858
Source: Public Records

Range of Values:

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Average Value
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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
Stein Mark $1,100,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stein Mark $880,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2022 11/30/22 Sold $1,100,000 -15.3% $478 / Sq Ft
10/22/2022 10/22/22 Pending -- -- --
05/23/2022 05/23/22 For Sale $1,299,000 -- $565 / 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 $12,904 $689,300 $359,700 $329,600
2023 $11,870 $689,300 $359,700 $329,600
2022 $11,159 $672,200 $342,600 $329,600
2021 $11,159 $672,200 $342,600 $329,600
2020 $10,765 $672,800 $342,600 $330,200
2019 $10,698 $672,800 $342,600 $330,200
2018 $10,698 $672,800 $342,600 $330,200
2017 $10,698 $672,800 $342,600 $330,200
2016 $9,823 $672,800 $342,600 $330,200
2015 $9,655 $672,800 $342,600 $330,200
2014 $9,016 $672,800 $342,600 $330,200
2013 $8,410 $672,800 $342,600 $330,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1529306

Maine Listings

APN: ADDI-000022-000000-000013