NOT LISTED FOR SALE

61 Spar Cove Rd Freeport, ME 04032

South Freeport Neighborhood

Estimated Value: $1,203,000 - $1,833,000

0.94 Acre
$1,702,405 Price per Acre
40,946 Sq Ft Lot

Last Sold April 07, 2020

Last sale price $410,579

Est. 290% increase in value since last sale

Current estimated payment $10,009/month

Highlights

  • 100 Feet of Waterfront
  • Access to Tidal Water
  • No HOA
  • Mast Landing School Rated A
  • Wooded Lot
  • Lot Has A Rolling Slope

About This Lot

As of April 2020

Enjoy beautiful views and 100 feet of ocean frontage underneath the tall pines at the meeting of the Harraseeket River and Casco Bay. Build to suit your needs with elevated views of Pound of Tea Island, Wolfe's Neck and the ships coming into harbor. Architecturally designed house plans available. This extremely convenient location is under 10 minutes to Yarmouth village and downtown Freeport with easy access to I-295!

Last Agent to Sell the Property

David Banks

RE/MAX By The Bay Listed on: 04/08/2020

RE/MAX By The Bay

Last Buyer's Agent

Peter Molloy

Berkshire Hathaway HomeServices Northeast Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,206

Year Built

  • 2021

Lot Details

  • 0.94 Acre Lot
  • 100 Feet of Waterfront
  • Ocean Front
  • Property Fronts a Bay or Harbor
  • River Front
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Property is zoned RR2 & Shoreland

Parking

  • No Driveway

Property Views

  • Water
  • Scenic Vista

Utilities

  • Electricity Not Available
  • Natural Gas Not Available
  • Well Required
  • Septic Needed
  • Septic Design Available

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 61SparCoveRoadFreeport04032

Community Details

Overview

  • No Home Owners Association

Recreation

  • Access to Tidal Water

Property Details

Property Type

Land

Est. Annual Taxes

$7,206

Year Built

2021

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.94
  • Road Surface Type: Paved
  • Water Body Name: Harraseeket River
  • MLS Status: Closed
  • Directions: From Route 1 in Freeport, turn onto South Freeport Road, turn right onto Staples Point Road, turn left onto Spar Cove Road, continue to #61
  • Property Information:Lot Size Acres -: 0.94
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Gas:No Gas: Yes
  • Recreational Water:Oceanfront: Yes
  • Water Info:Waterfront Amount -: 100.0
  • Water Info:Water Frontage Owned -: 100.0
  • Site:Wooded: Yes
  • Site:RollingSloping: Yes
  • Driveway:No Driveway: Yes
  • Sewer:Septic Design Available: Yes
  • View:Scenic: Yes
  • Property Information:Mobile Homes Allowed: No
  • Electric:No Electric: Yes
  • Water:Well Needed on Site: Yes
  • Recreational Water:Waterfront Tidal: Yes
  • Sewer:Septic Needed: Yes
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2021

Exterior Features

  • Lot Features: Rolling Slope, Wooded, Neighborhood
  • View: Scenic
  • Waterfront Features: Bay, Ocean, River
  • Waterfront: Yes

Garage/Parking

  • Parking Features: No Driveway

Utilities

  • Electric: No Electric
  • Sewer: Septic Design Available, Septic Needed
  • Water Source: Well Needed on Site

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 40946.4
  • Parcel #: 61SparCoveRoadFreeport04032
  • Zoning: RR2 & Shoreland

Tax Info

  • Tax Annual Amount: 7206.0
  • Tax Book Number: 25867
  • Tax Lot: 1
  • Tax Map Number: 28
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2020
Closed on
Apr 7, 2020
Sold by
Chamberlain Stephanie A and Chamberlain Douglas E
Bought by
Martin Kirsten V and Martin Jeffrey Y
Seller's Agent
David Banks
RE/MAX By The Bay
Buyer's Agent
Peter Molloy
Berkshire Hathaway HomeServices Northeast Real Estate
List Price
$450,000
Sold Price
$410,579
Premium/Discount to List
-$39,421
-8.76%
Current Estimated Value
$1,600,261

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,189,682
Avg. Annual Appreciation
30.23%
Original Mortgage
$812,191
Interest Rate
3.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 4, 2008
Sold by
Blair Lisa M
Bought by
Chamberlain Stephanie A and Chamberlain Douglas E
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
Martin Kirsten V -- None Available
Chamberlain Stephanie A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Jeffrey $950,000
Closed Martin Jeffrey Y $500,271
Closed Martin Kirsten V $812,191
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2020 04/08/20 For Sale $450,000 +9.6% --
04/07/2020 04/07/20 Sold $410,579 -- --
12/14/2019 12/14/19 Pending -- -- --
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 $18,199 $1,363,200 $751,100 $612,100
2023 $16,688 $1,213,700 $682,900 $530,800
2022 $5,841 $427,900 $427,900 $0
2021 $5,712 $427,900 $427,900 $0
2020 $5,547 $396,200 $396,200 $0
2019 $5,344 $373,700 $373,700 $0
2018 $6,225 $478,800 $478,800 $0
2017 $6,599 $441,400 $441,400 $0
2016 $6,214 $393,300 $393,300 $0
2015 $5,851 $348,300 $348,300 $0
2014 $5,503 $348,300 $348,300 $0
2013 $5,262 $332,000 $332,000 $0
Source: Public Records

Agents Affiliated with this Home

  • David Banks

    Seller's Agent in 2020

    David Banks

    RE/MAX

    (207) 773-2345

    4 in this area

    1,122 Total Sales

    David Banks
    Section Image

  • P

    Buyer's Agent in 2020

    Peter Molloy

    Berkshire Hathaway HomeServices Northeast Real Estate

See All Agents

Map

Source: Maine Listings

MLS Number: 1449150

Maine Listings

APN: FPRT-000028-000005-000001

Maine Cumberland County Freeport 04032 South Freeport

61 Spar Cove Rd, Freeport, ME

This home is located at 61 Spar Cove Rd, Freeport, ME 04032 since 08 April 2020 and is currently estimated at $1,600,261. This property was built in 2021. 61 Spar Cove Rd is a home located in Cumberland County with nearby schools including Morse Street School, Mast Landing School, and Freeport Middle School.

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