NOT LISTED FOR SALE

7 Mastwood Ln Kennebunk, ME 04043

Estimated Value: $1,529,000 - $1,846,000

3 Beds
2.5 Baths
3,976 Sq Ft
$435/Sq Ft Est. Value

Last Sold July 07, 2023

Last sale price $1,575,000 $396 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $10,632/month

Highlights

  • Nearby Water Access
  • Public Beach
  • Scenic Views
  • Kennebunk High School Rated 9+
  • Country Club
  • 1.76 Acre Lot

About This Home

As of July 2023

Perfection! Your chance to live in a stunning home in the quiet River Locks neighborhood within walking distance to Lower Village and Dock Square on 1.76 private acres! This like-new home offers 3,976 custom-built square feet with 3 bedrooms, 2 1/2 baths with lots of bonus space. The absolute best location, it is close to beaches, restaurants, shops, boating, golf, tennis, and all that Kennebunk and Kennebunkport has to offer. The jaw-dropping Great Room has gorgeous hardwood floors, cathedral ceiling and beautiful stone gas fireplace. The gourmet kitchen will have everyone happily gathering with ample space for cooking and entertaining. The cozy sunroom off of the Great Room will have you enjoying all of the Japanese Maple, Gingko and Balsam fir trees in relaxed privacy. There is a primary bedroom suite on the second floor which has two spacious walk-in closets and a stunning private bath with tiled shower. The large first-floor Media Room offers a great space for separate enjoyment or can be converted into a first floor primary suite. There are two additional guest bedrooms on the second floor and a beautiful hall bathroom with separate bathtub and tiled shower. There is an additional grand Bonus Room upstairs with custom built-in shelves. Entertain year-round on the back patio with plenty of space for dining and grilling with extra room for a fire-pit. This home has endless amenities with two staircases, hardwood floors throughout, central air conditioning, generator, plus access to the Kennebunk River in the neighborhood. Must be seen to fully appreciate how truly amazing this home is! OPEN HOUSE Saturday 6/3 1-3 pm.

Last Agent to Sell the Property

Maureen Adams

Portside Real Estate Group Listed on: 06/07/2023

Last Buyer's Agent

Heidi Maynard

Pack Maynard and Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,959

Year Built

  • Built in 2014

Lot Details

  • 1.76 Acre Lot
  • Public Beach
  • Landscaped
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Property is zoned Village Residential

Parking

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

Property Views

  • Scenic Vista
  • Woods

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,976 Sq Ft Home
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Great Room
  • Bonus Room
  • Sun or Florida Room
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Bedroom Suite
  • Bathtub
  • Shower Only
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Outdoor Features

  • Nearby Water Access
  • River Nearby
  • Patio
  • Porch

Location

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Propane
  • Generator Hookup
  • Power Generator
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 069
  • Assessor Parcel Number KENB-000083-000000-000069

Community Details

Recreation

  • Country Club

Additional Features

  • No Home Owners Association
  • Community Storage Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,959

Year Built

Built in 2014

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.76
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Rte 35/Port Road to River Locks entrance at Common Lane to stop sign and left on Commons Lane, then straight across Riverlocks Road to Mastwood to #7 on left.
  • Above Grade Finished Sq Ft: 3976.0
  • Architectural Style: Shingle Style
  • Garage Yn: Yes
  • Year Built: 2014
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.76
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 3976.0
  • 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
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Propane: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Amenities:Security System: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 2.0
  • Kitchen Countertop:Granite: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Cooling:Central Air: Yes
  • Amenities:Walk-in Closets: Yes
  • Vehicle Storage:_two_ Car: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Kitchen Amenities:Island: Yes
  • Primary Bedroom Amenities:Full Bath7: Yes
  • Primary Bedroom Amenities:Suite6: Yes
  • Primary Bedroom Amenities:Walk-in Closet6: Yes
  • Room Features:Eat-in Kitchen2: Yes
  • Room Features:Island2: Yes
  • Room Features:Suite17: Yes
  • Room Features:Walk-in Closet17: Yes
  • Roof:Composition2: Yes
  • Heat System:Multi-Zones: Yes
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Bonus Room:Bonus Room: Yes
  • Sunroom:Sunroom: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Parking:Paved3: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Recreational Water:RiverBrookStream: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Equipment:Internet Access Available: Yes
  • Site:RollingSloping: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Property Information:_two_ Detached Houses on 1 Lot: No
  • Equipment:Cable: Yes
  • Energy Efficiency:Ceiling Fans: Yes
  • Great Room:Great Room: Yes
  • Great Room Amenities:Cathedral Ceiling18: Yes
  • Room Features:Cathedral Ceiling29: Yes
  • View:Scenic: Yes
  • Location:Near Country Club: Yes
  • Equipment:Generator: Yes
  • Laundry Room:Laundry Room: Yes
  • Room Features:Built-Ins30: Yes
  • Electric:Generator Hookup: Yes
  • Location:Near Railroad: Yes
  • Style:Shingle Style: Yes
  • Transportation:Public Transport Access: Yes
  • Transportation:Rail Available: Yes
  • Primary Bedroom Amenities:Separate Shower6: Yes
  • Room Features:Separate Shower17: Yes
  • Room Features:Gas Fireplace29: Yes
  • Great Room Amenities:Gas Fireplace8: Yes
  • Sunroom Amenities:Cathedral Ceiling: Yes
  • Bonus Room Amenities:Built-Ins6: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Disposal, Dishwasher
  • Has Basement: Bulkhead, Full, Exterior Entry, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Walk-in Closets, Bathtub, Other, Pantry, Shower, Storage, Primary Bedroom w/Bath
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Kitchen Kitchen Level: First
  • Primary Bedroom Primary Bedroom Level: Second
  • Bedroom 1:Bedroom 1 Level: Second
  • Laundry Room Laundry Room Level: First

Exterior Features

  • Lot Features: Rolling Slope, Sidewalks, Landscaped, Wooded, Intown, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Subdivided, Near Public Transit, Near Railroad
  • View: Scenic, Trees/Woods
  • Waterfront: No
  • Construction Type: Shingle Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Patio, Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Paved, On Site, Garage Door Opener, Inside Entrance

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 76665.6
  • Parcel #: KENB-000083-000000-000069
  • Zoning: Village Residential

Tax Info

  • Tax Annual Amount: 12959.0
  • Tax Book Number: 16764
  • Tax Lot: 069
  • Tax Map Number: 083
  • Tax Year: 21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2023
Closed on
Jul 7, 2023
Sold by
Carpenter Robert G and Carpenter Sally A
Bought by
Hourani Tameem and Hourani Alexandra
Seller's Agent
Maureen Adams
Portside Real Estate Group
Buyer's Agent
Heidi Maynard
Pack Maynard and Associates
List Price
$1,899,000
Sold Price
$1,575,000
Premium/Discount to List
-$324,000
-17.06%
Current Estimated Value
$1,728,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,789
Avg. Annual Appreciation
4.39%
Original Mortgage
$1,260,000
Outstanding Balance
$1,228,845
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$499,944

Purchase Details

Closed on
Jan 16, 2014
Sold by
Moody Richard & Sons Constr
Bought by
Carpenter Robert G and Carpenter Sally A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2010
Sold by
Ogunquit River Llc
Bought by
Richard Moody & Sons Constr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
4.55%
Mortgage Type
Purchase Money Mortgage
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
Hourani Tameem $1,575,000 None Available
Carpenter Robert G -- --
Richard Moody & Sons Constr $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hourani Tameem $1,260,000
Previous Owner Carpenter Robert G $250,000
Previous Owner Richard Moody & Sons Constr $275,000
Previous Owner Richard Moody & Sons Constr $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2023 07/07/23 Sold $1,575,000 -17.1% $396 / Sq Ft
06/07/2023 06/07/23 Pending -- -- --
06/07/2023 06/07/23 For Sale $1,899,000 -- $478 / 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 $15,414 $909,400 $227,900 $681,500
2023 $14,596 $909,400 $227,900 $681,500
2022 $13,277 $909,400 $227,900 $681,500
2021 $12,959 $909,400 $227,900 $681,500
2020 $12,868 $909,400 $227,900 $681,500
2019 $12,504 $909,400 $227,900 $681,500
2018 $11,935 $682,000 $170,900 $511,100
2017 $11,287 $682,000 $170,900 $511,100
2016 $10,844 $682,000 $170,900 $511,100
2015 $10,435 $682,000 $170,900 $511,100
2014 $9,132 $612,900 $170,900 $442,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1550937

Maine Listings

APN: KENB-000083-000000-000069