NOT LISTED FOR SALE

7 Ocean House Rd Cape Elizabeth, ME 04107

Estimated Value: $506,000 - $589,216

2 Beds
1.5 Baths
1,446 Sq Ft
$375/Sq Ft Est. Value

Last Sold October 14, 2022

Last sale price $455,000 $315 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,317/month

24 Days on Market

Highlights

  • Country Club
  • Cape Cod Architecture
  • No HOA
  • Pond Cove Elementary School Rated A
  • Wood Flooring
  • Formal Dining Room

About This Home

As of October 2022

You'll fall in love with this Cape Elizabeth charmer! Relax and unwind in this welcoming, light-filled circa 1940, 2 BR, 1.5 bath home, with delightful period features including; arched doorways, built-in cabinetry, cut-glass doorknobs, plaster walls, the warm patina of hardwood floors and cozy reading nooks. This well-loved home also feels spacious and contemporary, with front-to-back living room and bedrooms, separate dining room, lower level office/den and a newly built custom garden shed. Retreat to your backyard oasis - an enchanting, fenced yard completely bordered by white pines and mature flowering and evergreen shrubs. Enjoy cookouts on the brick patio, harvest herbs from the side garden, or play croquet with friends on the level back lawn. Cape Elizabeth living offers many amenities: Minutes to Portland, an abundance of beaches, a town center with shops and library, as well as award-winning local schools.

Last Agent to Sell the Property

Marcia Jansen

Locations Real Estate Group LLC Listed on: 09/15/2022

Last Buyer's Agent

Jennifer DeSena

Locations Real Estate Group LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,959

Year Built

  • Built in 1940

Lot Details

  • 7,405 Sq Ft Lot
  • Fenced
  • Landscaped
  • Level Lot
  • Property is zoned RC

Parking

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

Home Design

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

Interior Spaces

  • Built-In Features
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Formal Dining Room

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Formica Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub

Laundry

  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • Patio

Location

  • Property is near a golf course
  • Suburban Location

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Radiator
  • Heating System Uses Oil
  • Hot Water Heating System
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 55
  • Assessor Parcel Number CAPE-028055U

Community Details

Overview

  • No Home Owners Association

Recreation

  • Country Club

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,959

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Located on the west side of Ocean House Rd. (Rte 77), north of Spurwink Rd. intersection in Cape and south of Sawyer St. intersection in South Portland. Fourth house North of State St.
  • Above Grade Finished Sq Ft: 1288.0
  • Architectural Style: Cape
  • Garage Yn: Yes
  • Year Built: 1940
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.17
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1288.0
  • Property Information:SqFt Finished Below Grade: 158.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Roof:Shingle: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: 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:Interior: Yes
  • Amenities:Fence: Yes
  • Property Information:Garage Spaces: 1.0
  • Exterior:Vinyl Siding: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Location:Suburban: Yes
  • Parking:On Site2: Yes
  • Amenities:Bathtub: Yes
  • Parking:Paved3: Yes
  • Gas:Natural - At Street: Yes
  • Property Information:Short Sale Continue to Show: No
  • Living Room Amenities:Wood Burning Fireplace14: Yes
  • Room Features:Wood Burning Fireplace29: Yes
  • Property Information:Deed Restrictions: Unknown
  • Appliances Included:Gas Range: Yes
  • Property Information:Bank Owned REO: No
  • Kitchen Countertop:Formica: Yes
  • Equipment:Cable: Yes
  • Location:Near Country Club: Yes
  • Basement:Sump Pump: Yes
  • Heat System:Radiator: Yes
  • Room Features:Built-Ins30: Yes
  • Cooling:AC Units: Yes
  • Dining Room Amenities:Formal: Yes
  • Dining Room Amenities:Built-Ins8: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Gas Range, Dryer, Disposal, Dishwasher
  • Has Basement: Finished, Full, Sump Pump, Interior Entry, Unfinished
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 158.0
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bathtub
  • Full Basement: Yes
  • 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: Second

Exterior Features

  • Fencing: Fenced
  • Lot Features: Level, Sidewalks, Landscaped, Near Golf Course, Near Shopping, Suburban
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Patio
  • Roof: Shingle
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: 1 - 4 Spaces, Paved, On Site, Garage Door Opener, Inside Entrance

Utilities

  • Cooling: A/C Units, Multi Units
  • Cooling Y N: Yes
  • Heating: Radiator, Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Cape Elizabeth Public Schools

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7405.2
  • Parcel #: CAPE-028055U
  • Zoning: RC

Tax Info

  • Tax Annual Amount: 3959.28
  • Tax Book Number: 27144
  • Tax Lot: 55
  • Tax Map Number: U28
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2022
Closed on
Oct 14, 2022
Sold by
Foley Stephen and Reed Kristin
Bought by
Huey Orion and Collins Lily K
Seller's Agent
Marcia Jansen
Locations Real Estate Group LLC
Buyer's Agent
Jennifer DeSena
Locations Real Estate Group LLC
List Price
$400,000
Sold Price
$455,000
Premium/Discount to List
$55,000
13.75%
Current Estimated Value
$541,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,554
Avg. Annual Appreciation
6.30%
Original Mortgage
$409,500
Outstanding Balance
$394,011
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$147,543

Purchase Details

Closed on
Jul 31, 2009
Sold by
Gentilini Paul
Bought by
Foley Stephen and Reed Kristin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,886
Interest Rate
5.43%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Huey Orion $455,000 None Available
Foley Stephen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huey Orion $409,500
Previous Owner Reed Kristin $127,000
Previous Owner Foley Stephen $195,886
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2022 10/14/22 Sold $455,000 +13.8% $315 / Sq Ft
10/10/2022 10/10/22 Pending -- -- --
09/15/2022 09/15/22 For Sale $400,000 -- $277 / 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 $5,313 $483,000 $275,600 $207,400
2023 $10,790 $483,000 $275,600 $207,400
2022 $3,959 $187,200 $85,900 $101,300
2021 $3,793 $187,200 $85,900 $101,300
2020 $3,729 $187,200 $85,900 $101,300
2019 $3,684 $187,200 $85,900 $101,300
2018 $3,561 $187,200 $85,900 $101,300
2017 $3,370 $187,200 $85,900 $101,300
2016 $3,283 $187,200 $85,900 $101,300
2015 $3,160 $187,200 $85,900 $101,300
2013 $3,048 $187,200 $85,900 $101,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1543240

Maine Listings

APN: CAPE-028055U