NOT LISTED FOR SALE

7 Chase Hill Rd Kennebunk, ME 04043

Estimated Value: $1,493,000 - $2,198,000

4 Beds
3.5 Baths
3,888 Sq Ft
$463/Sq Ft Est. Value

Last Sold August 02, 2022

Last sale price $1,500,000 $386 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $10,312/month

6 Days on Market

Highlights

  • Nearby Water Access
  • Public Beach
  • Deck
  • Kennebunk High School Rated 9+
  • Cape Cod Architecture
  • Wood Flooring

About This Home

As of August 2022

Nestled in the very heart of the Lower Village on Maine Art Hill, you will find this rare gem where you can stroll to both Dock Square AND the beach. Built in 1848 by Captain Jacob Heckman and then lovingly renovated in 2017 nearly doubling its size but retaining its original charm with wide pine floors, exposed beams and 3 fireplaces. A huge open concept kitchen, dining and living area lead to a deck where you can hear the music and smell the aromas from the nearby restaurants. Whether you are looking for your year-round Maine home, a getaway that you could also rent out or a commercial space among the art galleries surrounding it, this special spot will surely speak to your soul!

Last Agent to Sell the Property

Keri Walker

Pack Maynard and Associates Brokerage Phone: 207-967-9900 Listed on: 05/05/2022

Last Buyer's Agent

Randal Simon

Berkshire Hathaway HomeServices Verani Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,564

Year Built

  • Built in 1848

Lot Details

  • 9,148 Sq Ft Lot
  • Public Beach
  • Landscaped
  • Property is zoned LVB

Parking

  • 1 Car Direct Access Garage
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Driveway

Home Design

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

Interior Spaces

  • 3 Fireplaces
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Bonus Room
  • Laundry on upper level

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Bathtub

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Nearby Water Access
  • Deck

Location

  • Property is near a golf course
  • City Lot

Utilities

  • Cooling Available
  • Heating System Uses Oil
  • Heat Pump System
  • Baseboard Heating
  • Hot Water Heating System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 027
  • Assessor Parcel Number KENB-000088-000000-000027

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,564

Year Built

Built in 1848

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.21
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Chase Hill can be accessed by Beach Ave. or Western Ave.
  • Above Grade Finished Sq Ft: 3600.0
  • Architectural Style: Cape
  • Garage Yn: Yes
  • Year Built: 1848
  • Attribution Contact: 207-967-9900
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 347.22
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.21
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 3600.0
  • Property Information:SqFt Finished Below Grade: 288.0
  • Property Information:Garage: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Microwave: Yes
  • Heat Fuel:Oil: 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:Walk-Out: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Property Information:Garage Spaces: 1.0
  • Heat Fuel:Electric: Yes
  • Cooling:Heat Pump3: Yes
  • Water Heater:Electric2: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Amenities:Walk-in Closets: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Foundation Materials:BrickMortar2: Yes
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Bonus Room:Bonus Room: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Family Room:Family Room: Yes
  • Property Information:Deed Restrictions: Unknown
  • Appliances Included:Gas Range: Yes
  • Property Information:Bank Owned REO: No
  • Den:Den: Yes
  • Foundation Materials:Granite2: Yes
  • Vehicle Storage:Under: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 3
  • Advertising Remarks:Advertising Remarks: Nestled in the very heart of the Lower Village on Maine Art Hill, you will find this rare gem where you can stroll to both Dock Square AND the beach. Built in 1848 by Captain Jacob Heckman and then lovingly renovated in 2017 nearly doubling its size but retaining its original charm with wide pine floors, exposed beams and 3 fireplaces. A huge open concept kitchen, dining and living area lead to a deck where you can hear the music and smell the aromas from the nearby restaurants. Whether you are looking for your year-round Maine home, a getaway that you could also rent out or a commercial space among the art galleries surrounding it, this special spot will surely speak to your soul!
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Microwave, Gas Range, Dishwasher
  • Has Basement: Walk-Out Access, Finished, Full
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 288.0
  • Fireplaces: 3
  • Fireplace: Yes
  • Interior Amenities: Walk-in Closets, Bathtub, Pantry, Primary Bedroom w/Bath
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: First
  • Bedroom 4 Bedroom 4 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: Second

Exterior Features

  • Lot Features: Sidewalks, Landscaped, Intown, Near Golf Course, Near Public Beach, Near Shopping
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Granite, Concrete Perimeter, Brick/Mortar
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: 5 - 10 Spaces, Paved, Garage Door Opener, Inside Entrance, Underground

Utilities

  • Laundry Features: Upper Level
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Schools

  • Junior High Dist: RSU 21

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9147.6
  • Parcel #: KENB-000088-000000-000027
  • Zoning: LVB

Tax Info

  • Tax Annual Amount: 8564.0
  • Tax Lot: 027
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2022
Closed on
Aug 2, 2022
Sold by
7 Chase Hill Llc
Bought by
2 Lil Lobstas Llc
Seller's Agent
Keri Walker
Pack Maynard and Associates
Buyer's Agent
Randal Simon
Berkshire Hathaway HomeServices Verani Realty
List Price
$1,250,000
Sold Price
$1,500,000
Premium/Discount to List
$250,000
20%
Current Estimated Value
$1,800,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$300,910
Avg. Annual Appreciation
5.54%

Purchase Details

Listed on
Jul 16, 2019
Closed on
Sep 4, 2019
Sold by
Gallup Kingsley B
Bought by
7 Chase Hill Llc
Seller's Agent
Keri Walker
Pack Maynard and Associates
Buyer's Agent
Keri Walker
Coldwell Banker Realty
List Price
$899,000
Sold Price
$899,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.23%

Purchase Details

Closed on
Feb 5, 2015
Sold by
Fine Leslie B
Bought by
Gallup Kingsley B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
3.84%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 30, 2010
Sold by
Ostrander Kathleen M
Bought by
Fine Leslie B and Gallup Kingsley B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
2 Lil Lobstas Llc $1,500,000 None Available
7 Chase Hill Llc -- --
Gallup Kingsley B -- --
Fine Leslie B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gallup Kingsley B $280,000
Previous Owner Fine Leslie B $296,000
Previous Owner Fine Leslie B $381,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/02/2022 08/02/22 Sold $1,500,000 +20.0% $386 / Sq Ft
05/05/2022 05/05/22 Pending -- -- --
04/28/2022 04/28/22 For Sale $1,250,000 +39.0% $322 / Sq Ft
09/04/2019 09/04/19 Sold $899,000 0.0% $231 / Sq Ft View Prior Sale
08/18/2019 08/18/19 Pending -- -- --
06/05/2019 06/05/19 For Sale $899,000 -- $231 / 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 $10,187 $601,000 $122,300 $478,700
2023 $9,646 $601,000 $122,300 $478,700
2022 $8,775 $601,000 $122,300 $478,700
2021 $8,564 $601,000 $122,300 $478,700
2020 $8,504 $601,000 $122,300 $478,700
2019 $8,264 $601,000 $122,300 $478,700
2018 $7,887 $450,700 $91,700 $359,000
2017 $7,459 $450,700 $91,700 $359,000
2016 $3,196 $201,000 $91,700 $109,300
2015 $3,075 $201,000 $91,700 $109,300
2014 $2,995 $201,000 $91,700 $109,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1526333

Maine Listings

APN: KENB-000088-000000-000027