$550,000
SOLD MAR 19, 2021

7 Arrow Point Rd Cape Elizabeth, ME 04107

3 Beds
2 Baths
1,386 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$397 Per Sq Ft

15% Above List Price

36 Days on Market

Highlights

  • Beach Access
  • Public Beach
  • Wood Flooring
  • Pond Cove Elementary School Rated A
  • Cape Cod Architecture
  • Sun or Florida Room

About This Home

As of May 2021

Don't miss this cute, cozy and sunny Cape in desirable Oakhurst neighborhood! Special features include: hardwood floors throughout, charming built-ins in bedrooms, three-season porch and outdoor shed. Newer windows and generator is included. Walk to Ft. Williams and neighborhood restaurants. Casino Beach rights through Association. Showings from Saturday February 6th - Wednesday February 10th from 9:00-4:00. All offers due Thursday, February 11th at noon.

Last Agent to Sell the Property

Kathleen Pierce

Coldwell Banker Realty Listed on: 02/05/2021

Last Buyer's Agent

Jeffrey Mateja

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,996

Year Built

  • Built in 1940

Lot Details

  • 5,227 Sq Ft Lot
  • Public Beach
  • Fenced
  • Landscaped
  • Level Lot
  • Property is zoned RC

HOA Fees

  • $3 Monthly HOA Fees

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,386 Sq Ft Home
  • Built-In Features
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Sun or Florida Room
  • Screened Porch

Kitchen

  • Electric Range
  • Dishwasher
  • Formica Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub
  • Shower Only

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Sump Pump

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Beach Access
  • Nearby Water Access
  • Shed

Utilities

  • Dehumidifier
  • Heating System Uses Oil
  • Radiant Heating System
  • Hot Water Heating System
  • Heating System Uses Steam
  • Power Generator
  • Natural Gas Not Available

Listing and Financial Details

  • Tax Lot 142
  • Assessor Parcel Number CAPE-004142U

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,996

Year Built

Built in 1940

Lot Details

0

HOA Fees

$3 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.12
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Oakhurst Road to Hermit Thrush to corner o f Arrow Pt. on your right.
  • Above Grade Finished Sq Ft: 1386.0
  • Architectural Style: Cape
  • Garage Yn: No
  • Efficiency: Dehumidifier
  • Year Built: 1940
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.12
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1386.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Fence: Yes
  • Location Information:Association Fee: 40.0
  • Location Information:Fee Frequency Paid: Annually
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Heat System:Radiant: Yes
  • Location:Near Public Beach: Yes
  • Heat System:Steam: Yes
  • Amenities:Bathtub: Yes
  • Sunroom:Sunroom: Yes
  • Parking:Paved3: Yes
  • Recreational Water:Nearby: Yes
  • Living Room Amenities:Wood Burning Fireplace14: Yes
  • Room Features:Wood Burning Fireplace29: Yes
  • Kitchen Countertop:Formica: Yes
  • Equipment:Generator: Yes
  • Basement:Sump Pump: Yes
  • Room Features:Built-Ins30: Yes
  • Den:Den: Yes
  • Energy Efficiency:Dehumidifier: Yes
  • Recreational Water:Beach Rights: Yes
  • Sunroom Amenities:Three-Season: Yes
  • Bedroom Amenities 2:Built-Ins4: Yes
  • Bedroom 1 Amenities:Built-Ins5: Yes
  • Other Structures:Shed: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Electric Range, Dryer, Disposal, Dishwasher
  • Has Basement: Full, Sump Pump, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bathtub, Shower
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Fencing: Fenced
  • Lot Features: Level, Landscaped, Near Public Beach, Near Shopping, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Shingle Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed(s)
  • Patio And Porch Features: Screened
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Steam, Radiant, Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 40.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5227.2
  • Parcel #: CAPE-004142U
  • Zoning: RC

Tax Info

  • Tax Annual Amount: 3996.0
  • Tax Book Number: 4631
  • Tax Lot: 142
  • Tax Map Number: U04
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2021
Closed on
May 26, 2021
Sold by
Galluzzo Donna M and Gorney Lisa A
Bought by
Miller Brian K and Miller Leigh A
Seller's Agent
Jeffrey Mateja
Keller Williams Realty
Buyer's Agent
Jeffrey Mateja
Keller Williams Realty
List Price
$550,000
Sold Price
$550,000
Current Estimated Value
$830,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$280,792
Avg. Annual Appreciation
9.16%
Original Mortgage
$522,500
Outstanding Balance
$478,848
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$315,139

Purchase Details

Listed on
Feb 5, 2021
Closed on
Mar 19, 2021
Sold by
Cousens Barbara H
Bought by
Galluzzo Donna M and Gorney Lisa A
Seller's Agent
Kathleen Pierce
Coldwell Banker Realty
Buyer's Agent
Jeffrey Mateja
Keller Williams Realty
List Price
$479,900
Sold Price
$550,000
Premium/Discount to List
$70,100
14.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$440,000
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $522,500 Purchase Money Mortgage
Previous Owner $440,000 Purchase Money Mortgage
Previous Owner $125,000 Credit Line Revolving
Previous Owner $100,000 Credit Line Revolving
Previous Owner $75,000 Unknown
Previous Owner $25,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2021 05/28/21 For Sale $550,000 0.0% $397 / Sq Ft
05/26/2021 05/26/21 Sold $550,000 0.0% $397 / Sq Ft
04/24/2021 04/24/21 Pending -- -- --
03/19/2021 03/19/21 Sold $550,000 +14.6% $397 / Sq Ft
02/11/2021 02/11/21 Pending -- -- --
01/05/2021 01/05/21 For Sale $479,900 -- $346 / 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 $8,353 $759,400 $476,700 $282,700
2023 $16,965 $759,400 $476,700 $282,700
2022 $4,243 $200,600 $105,300 $95,300
2021 $4,064 $200,600 $105,300 $95,300
2020 $3,996 $200,600 $105,300 $95,300
2019 $3,800 $193,100 $105,300 $87,800
2018 $3,673 $193,100 $105,300 $87,800
2017 $3,476 $193,100 $105,300 $87,800
2016 $3,387 $193,100 $105,300 $87,800
2015 $3,260 $193,100 $105,300 $87,800
2013 $3,144 $193,100 $105,300 $87,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1479165

Maine Listings

APN: CAPE-004142U