NOT LISTED FOR SALE

60 Patriot Way Unit 142 Arundel, ME 04046

Estimated Value: $538,647 - $568,000

2 Beds
2 Baths
1,627 Sq Ft
$320/mo HOA Fee

Last Sold December 30, 2022

Last sale price $450,000 $277 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,704/month

62 Days on Market

Highlights

  • Nearby Water Access
  • Public Beach
  • View of Trees or Woods
  • Kennebunk High School Rated 9+
  • In Ground Pool
  • 300 Acre Lot

About This Home

As of December 2022

Welcome to the Cape Arundel Cottage Preserve, where serenity and convenience coalesce. Open from May 1 - December 31, this enchanting gated community provides a truly special place to soak up Maine's most spectacular seasons. This sparkling 2 bedroom, 2 bath home is prepared to be your pride and joy, with recessed lighting, custom blinds and windows galore. Every home chef will be heartily inspired by the kitchen's gorgeous quartz countertops, generously sized soft-close cabinets (two of which pull out for oversized storage!) and stainless-steel appliances. Sautéing, socializing & sipping wine by the fire is a breeze thanks to the living area's seamless proximity to the kitchen. The dining room offers a perfect place to gather for magical meals. A bedroom/multi-use room, laundry closet with LG Tower washer/dryer and a full bath complete the main floor. Upstairs, the primary bedroom is a spacious sweet retreat, complete with two closets. An additional multi-use room is poised to be a place for rest, work or play. The second-floor full bath invites a soak before sleep. Morning coffee in the sunshine or al fresco fare under the stars awaits outside on the petite patio. Need space to store your tools and toys? The shed is ready to serve! Lovely landscaping makes this abode shine from tip to tail. Property maintenance, cable, internet and phone are just a few of the perks included in the affordable HOA fee. This community's 300 wooded acres and 68-acre nature preserve complete with trails for hiking and biking will make an outdoor enthusiast's heart flutter! Grab your golf cart and roll on over to the clubhouse, where a huge fireplace, game room, gym and library are ready for fun with family and friends. Refreshing swims await outside in the heated outdoor pool or saltwater pool. Arundel offers every possible amenity as well as easy proximity to beaches, shopping, dining and entertainment. A stunning backdrop for a beautiful life - all that's missing is you!

Last Agent to Sell the Property

Bridget King Jason Miller

Portside Real Estate Group Listed on: 09/27/2022

Last Buyer's Agent

Tyler Hall

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,462

Year Built

  • Built in 2020

Lot Details

  • Property fronts a private road
  • Public Beach
  • Seasonal Access to Property
  • Landscaped
  • Open Lot
  • Wooded Lot

HOA Fees

  • $320 Monthly HOA Fees

Home Design

  • Cottage
  • Bungalow
  • Concrete Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Concrete Fiber Board Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,627 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Living Room
  • Dining Room
  • Den
  • Views of Woods

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Quartz Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub
  • Shower Only

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Gravel Driveway
  • On-Site Parking

Accessible Home Design

  • Doors are 36 inches wide or more
  • Level Entry For Accessibility

Outdoor Features

  • In Ground Pool
  • Nearby Water Access
  • Patio
  • Shed
  • Porch

Location

  • Property is near public transit
  • Property is near a golf course

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Heating System Uses Propane
  • Water Heated On Demand
  • Private Sewer
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 142 / 013
  • Assessor Parcel Number ARUN-000015-000000-000013-000142

Community Details

Overview

  • Cape Arundel Cottage Preserve Subdivision

Amenities

  • Clubhouse

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,462

Year Built

Built in 2020

Lot Details

0

HOA Fees

$320 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 300.0
  • Road Frontage Type: Private
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: Cape Arundel Cottage Preserve
  • Directions: Follow Portland Road, Rt 1 to Founders Drive. Follow to the roundabout onto Patriot Way that runs along the club house and pools on the left. #40 will be on the right. Use GPS: 1976 Portland Road, Arundel. This is a gated community.
  • Above Grade Finished Sq Ft: 1627.0
  • Architectural Style: Cottage, Bungalow
  • Garage Yn: No
  • Year Built: 2020
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Property Information:Seasonal: Yes
  • Property Information:Lot Size Acres -: 300.0
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1627.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Propane: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Water Heater:On Demand: Yes
  • Amenities:Pool-In Ground: Yes
  • Location Information:Association Fee: 320.0
  • Location Information:Fee Frequency Paid: Monthly
  • Roads:Private: Yes
  • Foundation Materials:Slab: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Rental Allowed: Yes
  • Condominium:Units in Building: 1
  • Amenities:_one_st Floor Bedroom: Yes
  • Amenities:One-Floor Living: Yes
  • Amenities:Shower: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Cooling:Central Air: Yes
  • Amenities:Walk-in Closets: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Room Features:Walk-in Closet17: Yes
  • Style:Bungalow: Yes
  • Heat System:Multi-Zones: Yes
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Recreational Water:Nearby: Yes
  • Basement:Slab2: Yes
  • Style:Cottage: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Equipment:Cable: Yes
  • Kitchen Countertop:Quartz: Yes
  • Accessibilitiy Amenities:Level Entry: Yes
  • Den:Den: Yes
  • Exterior:Fiber Cement: Yes
  • Location:Near Railroad: Yes
  • Bedroom Amenities 2:Walk-in Closet2: Yes
  • Condominium:Total Units4: 263
  • Condominium:Rental Terms: Weekly
  • Living Room Amenities:Gas Fireplace5: Yes
  • Room Features:Gas Fireplace29: Yes
  • Accessibilitiy Amenities:_three_6 Inch Doors: Yes
  • Other Structures:Shed: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Property Information # Fireplaces: 1
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher
  • Accessibility Features: 36+ Inch Doors, Level Entry
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Walk-in Closets, 1st Floor Bedroom, Bathtub, One-Floor Living, Pantry, Shower
  • Bedroom 2 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Level, Open Lot, Landscaped, Wooded, Near Golf Course, Near Public Beach, Near Shopping, Neighborhood, Subdivided, Near Railroad
  • Pool Features: In Ground
  • View: Trees/Woods
  • Waterfront: No
  • Construction Type: Fiber Cement, Wood Frame
  • Foundation Details: Concrete Perimeter, Slab
  • Other Structures: Shed(s)
  • Patio And Porch Features: Patio, Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Gravel, On Site

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Multi-Zones, Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse
  • Association Fee: 320.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Other Restrictions

Association/Amenities

  • Association Amenities:Club House: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 13068000.0
  • Parcel #: ARUN-000015-000000-000013-000142
  • Zoning: B-1

Multi Family

  • Number Of Units In Community: 1
  • Number Of Units Total: 263

Tax Info

  • Tax Annual Amount: 2462.0
  • Tax Block: 013
  • Tax Book Number: 18647
  • Tax Lot: 142
  • Tax Map Number: 015
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2022
Closed on
Dec 30, 2022
Sold by
Veum Carol L and Giordano Michael A
Bought by
Wong Pik L and Wong Jeffrey
Seller's Agent
Bridget King Jason Miller
Portside Real Estate Group
Buyer's Agent
Tyler Hall
Keller Williams Realty
List Price
$475,000
Sold Price
$450,000
Premium/Discount to List
-$25,000
-5.26%
Current Estimated Value
$556,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,412
Avg. Annual Appreciation
7.99%
Original Mortgage
$360,000
Outstanding Balance
$316,414
Interest Rate
5.76%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$239,998

Purchase Details

Closed on
Apr 21, 2021
Sold by
Ctg Arundel Kennebunkport
Bought by
Veum Carol L and Giordano Michael A
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
Wong Pik L $450,000 None Available
Veum Carol L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wong Pik L $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2022 12/30/22 Sold $450,000 -3.2% $277 / Sq Ft
11/29/2022 11/29/22 Pending -- -- --
10/13/2022 10/13/22 Price Changed $465,000 -2.1% $286 / Sq Ft
09/27/2022 09/27/22 For Sale $475,000 -- $292 / 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 $5,212 $306,600 $160,000 $146,600
2023 $5,212 $306,600 $160,000 $146,600
2022 $4,438 $262,600 $116,000 $146,600
2021 $2,462 $145,700 $0 $145,700
2020 $1,089 $65,100 $0 $65,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1544366

Maine Listings

APN: ARUN M:015 L:013-142