Seller's Agent in 2021
Chris Erikson, Esq.
The Aland Realty Group, LLC
(603) 930-4470
16 in this area
122 Total Sales
7 Old Salt Ln Cape Neddick, ME 03902
Ogunquit NeighborhoodEstimated Value: $1,162,000 - $2,582,000
3
Beds
2.5
Baths
2,227
Sq Ft
$922/Sq Ft
Est. Value
Highlights
- Deeded Waterfront Access Rights
- 100 Feet of Waterfront
- Country Club
- Coastal Ridge Elementary School Rated A-
- Public Beach
- Chalet
About This Home
As of October 2021This stunning oceanfront property sits on just over a half acre with immaculate renovations throughout. A large wrap around deck provides a panoramic view of the ocean above the expansive yard that falls into the rocky Maine coastline. Large windows surround the central fireplace up to the vaulted ceiling providing open views to the Atlantic. The property's unique flexibility allows it to be used as a large single family home or as two separate units. The lower level has a large bedroom, full kitchen, full bath and sprawling views out to the ocean. The main and upper levels offer an updated kitchen spilling into a wide open floor plan with magnificent views at both levels. Two separate living spaces & full kitchens make an ideal setup for guests, family or as an income producing rental property. This property can be enjoyed in so many different ways. Truly a one of a kind opportunity that is not to be missed!
Last Agent to Sell the Property
The Aland Realty Group, LLC Listed on: 06/10/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $17,747
Year Built
- Built in 1976
Lot Details
- 0.54 Acre Lot
- 100 Feet of Waterfront
- Ocean Front
- Property fronts a private road
- Dirt Road
- Public Beach
- Landscaped
- Open Lot
- Property is zoned RES-3
HOA Fees
- $31 Monthly HOA Fees
Parking
- Gravel Driveway
Property Views
- Water
- Scenic Vista
Home Design
- Chalet
- Contemporary Architecture
- Concrete Foundation
- Wood Frame Construction
- Shingle Roof
- Composition Roof
- Wood Siding
- Concrete Perimeter Foundation
Interior Spaces
- Central Vacuum
- Vaulted Ceiling
- Wood Burning Fireplace
- Family Room with Fireplace
- 2 Fireplaces
- Great Room
Kitchen
- Eat-In Kitchen
- Built-In Oven
- Cooktop
- Dishwasher
- Granite Countertops
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Main Floor Bedroom
- En-Suite Bathroom
- In-Law or Guest Suite
Laundry
- Laundry Room
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Natural lighting in basement
Outdoor Features
- Deeded Waterfront Access Rights
- Beach Access
- Deck
- Patio
Location
- Property is near a golf course
- Suburban Location
Utilities
- No Cooling
- Baseboard Heating
- Private Water Source
- Well
- Tankless Water Heater
- Gas Water Heater
- Septic System
- Private Sewer
Listing and Financial Details
- Tax Lot 21
- Assessor Parcel Number YORK-000012-000000-000021
Community Details
Overview
- Cape Neddick Road Association Subdivision
Recreation
- Country Club
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 10, 2021
Closed on
Oct 6, 2021
Sold by
Julie O Go T
Bought by
Walter Glen V and Walter Elizabeth G
Seller's Agent
Chris Erikson, Esq.
The Aland Realty Group, LLC
Buyer's Agent
Tracy McCarty
The Aland Realty Group, LLC
List Price
$2,300,000
Sold Price
$1,975,000
Premium/Discount to List
-$325,000
-14.13%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,057
Avg. Annual Appreciation
0.95%
Original Mortgage
$1,450,000
Outstanding Balance
$1,322,265
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$731,792
Purchase Details
Closed on
May 13, 2013
Sold by
Go Julie O
Bought by
Julie O Go T
Purchase Details
Closed on
Aug 19, 2008
Sold by
Scagnelli Paul B and Scagnelli Barbara A
Bought by
Go Julie O
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Walter Glen V | -- | None Available | |
| Julie O Go T | -- | -- | |
| Go Julie O | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Walter Glen V | $1,450,000 | |
| Previous Owner | Go Julie O | $800,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/06/2021 10/06/21 | Sold | $1,975,000 | -14.1% | $887 / Sq Ft |
| 08/16/2021 08/16/21 | Pending | -- | -- | -- |
| 06/10/2021 06/10/21 | For Sale | $2,300,000 | -- | $1,033 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $17,544 | $2,088,600 | $1,758,100 | $330,500 |
| 2023 | $17,649 | $2,088,600 | $1,758,100 | $330,500 |
| 2022 | $16,372 | $1,914,900 | $1,613,100 | $301,800 |
| 2021 | $15,908 | $1,598,800 | $1,364,900 | $233,900 |
| 2020 | $15,377 | $1,385,300 | $1,191,200 | $194,100 |
| 2019 | $15,427 | $1,383,600 | $1,191,200 | $192,400 |
| 2018 | $7,511 | $1,334,000 | $1,141,600 | $192,400 |
| 2017 | $14,860 | $1,357,100 | $1,166,400 | $190,700 |
| 2016 | $15,132 | $1,357,100 | $1,166,400 | $190,700 |
| 2015 | $14,381 | $1,307,400 | $1,116,700 | $190,700 |
| 2014 | $13,513 | $1,262,900 | $1,116,700 | $146,200 |
| 2013 | $13,172 | $1,262,900 | $1,116,700 | $146,200 |
Source: Public Records
Agents Affiliated with this Home
-
Chris Erikson, Esq.
-
Tracy McCarty
Buyer's Agent in 2021
Tracy McCarty
The Aland Realty Group, LLC
(207) 641-5119
4 in this area
93 Total Sales
Map
Source: Maine Listings
MLS Number: 1495750
APN: YORK-000012-000000-000021
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