Seller's Agent in 2020
David Banks
RE/MAX
(207) 773-2345
1 in this area
1,023 Total Sales
7 Phillips Cove Rd Cape Neddick, ME 03902
Ogunquit NeighborhoodEstimated Value: $2,956,000 - $5,019,203
6
Beds
4.5
Baths
4,970
Sq Ft
$763/Sq Ft
Est. Value
Highlights
- Deeded Waterfront Access Rights
- 196 Feet of Waterfront
- Country Club
- Coastal Ridge Elementary School Rated A-
- Public Beach
- Newly Remodeled
About This Home
As of August 2020Set in Cape Neddick's prestigious Phillips Farm, this stunning newly built shingle-style home is privately situated on over two acres with panoramic ocean views and deeded rights to a private beach. Spanning over 4,970 SF, masterful design and modern luxury are uniquely embodied in this 6 bedroom/4.5 bath home. Illuminated by an abundance of natural light, the homes open floor plan offers a spacious ambiance boasting 10' ceilings and wide oak plank hardwood flooring. The sun-filled chef's kitchen is clad with premium finishes and fixtures featuring an expansive center island, white cabinetry, and stainless steel appliances. Flowing in flawless progression, the open dining and living areas are graced by beautiful coffered ceilings and an impressive stone fireplace. Glass doors open to a large deck area showcasing the gracious private lawn and bold ocean views while opening up the home to even more natural light & air. Indulge in the spacious master suite boasting it's own oceanside deck and spa-like bath complete with ocean views. 4 guest bedrooms and a media room can be found upstairs, while an additional bedroom can be found on the first floor. A mudroom with built-ins is conveniently located off the attached 3 car garage. Spend your summer days enjoying the sea breeze from the farmer's porch or your private 3-season screened-in porch. Also catch the late afternoon sun while entertaining on the back deck off the kitchen. Ideally located in the Cape Neddick region of York between the villages of York and Ogunquit, enjoy this convenient location only 2 minutes from the Cape Neddick Country Club and 5 minutes to Perkins Cove.
Last Buyer's Agent
Megan McShane
Redfin Corporation
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $18,360
Year Built
- Built in 2018 | Newly Remodeled
Lot Details
- 2.14 Acre Lot
- 196 Feet of Waterfront
- Ocean Front
- Property fronts a private road
- Public Beach
- Landscaped
- Level Lot
- Open Lot
- Irrigation
- Property is zoned Res-2
HOA Fees
- $67 Monthly HOA Fees
Parking
- 3 Car Direct Access Garage
- Driveway
- Off-Street Parking
Property Views
- Water
- Scenic Vista
Home Design
- Concrete Foundation
- Wood Frame Construction
- Shingle Roof
- Shingle Siding
- Concrete Perimeter Foundation
Interior Spaces
- 4,970 Sq Ft Home
- Built-In Features
- Coffered Ceiling
- Gas Fireplace
- Double Pane Windows
- Low Emissivity Windows
- Mud Room
- Family Room
- Living Room
- Dining Room
- Den
- Sun or Florida Room
- Screened Porch
- Sink in Utility Room
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Built-In Oven
- Gas Range
- Microwave
- Dishwasher
- Kitchen Island
- Quartz Countertops
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- Main Floor Bedroom
- Primary bedroom located on second floor
- En-Suite Primary Bedroom
- En-Suite Bathroom
- Walk-In Closet
- Bedroom Suite
- Dual Vanity Sinks in Primary Bathroom
- Soaking Tub and Shower Combination in Primary Bathroom
- Soaking Tub
Laundry
- Laundry Room
- Laundry on upper level
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Eco-Friendly Details
- Smart Grid Meter
Outdoor Features
- Deeded Waterfront Access Rights
- Nearby Water Access
- Deep Water Access
- Balcony
- Deck
Location
- Property is near public transit
- Property is near a golf course
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Gas
- Heating System Mounted To A Wall or Window
- Underground Utilities
- Private Water Source
- Well
- Gas Water Heater
- Septic System
- Septic Design Available
- Private Sewer
- Internet Available
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block G / 0001
- Assessor Parcel Number YORK-000100-000000-000001G
Community Details
Overview
- Phillips Farm Subdivision
Amenities
- Community Storage Space
Recreation
- Country Club
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 20, 2020
Closed on
Aug 27, 2020
Sold by
Berube Ryan
Bought by
Soule Kristin L and Manning Lawrence C
Seller's Agent
David Banks
RE/MAX By The Bay
Buyer's Agent
Megan McShane
Redfin Corporation
List Price
$2,395,000
Sold Price
$2,250,000
Premium/Discount to List
-$145,000
-6.05%
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
$1,544,068
Avg. Annual Appreciation
10.42%
Original Mortgage
$1,687,500
Outstanding Balance
$1,507,052
Interest Rate
3.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,287,016
Purchase Details
Listed on
Dec 9, 2016
Closed on
Jan 5, 2018
Sold by
Auger Carole and Auger Richard C
Bought by
Berube Ryan
Seller's Agent
Chris Erikson, Esq.
The Aland Realty Group, LLC
Buyer's Agent
Andrew Berube
A.R. Berube & Co.
List Price
$699,000
Sold Price
$674,000
Premium/Discount to List
-$25,000
-3.58%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
57.06%
Original Mortgage
$278,895
Interest Rate
3.92%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 29, 2014
Sold by
Cerik Properties 1 Llc
Bought by
Auger Carole
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
4.14%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 19, 2009
Sold by
Varriale Julia M and Mitchell Everett C
Bought by
Cerik Properties 1 Llc
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 |
|---|---|---|---|
| Soule Kristin L | -- | None Available | |
| Berube Ryan | -- | -- | |
| Auger Carole | -- | -- | |
| Cerik Properties 1 Llc | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Soule Kristin L | $1,687,500 | |
| Previous Owner | Berube Ryan | $278,895 | |
| Previous Owner | Auger Carole | $390,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/28/2020 08/28/20 | Sold | $2,250,000 | -6.1% | $453 / Sq Ft | |
| 06/27/2020 06/27/20 | Pending | -- | -- | -- | |
| 05/20/2020 05/20/20 | For Sale | $2,395,000 | +255.3% | $482 / Sq Ft | |
| 12/28/2017 12/28/17 | Sold | $674,000 | -3.6% | $439 / Sq Ft | View Prior Sale |
| 10/18/2017 10/18/17 | Pending | -- | -- | -- | |
| 12/09/2016 12/09/16 | For Sale | $699,000 | -- | $455 / 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 | $21,536 | $2,563,800 | $1,082,300 | $1,481,500 |
| 2023 | $18,911 | $2,238,000 | $741,300 | $1,496,700 |
| 2022 | $17,997 | $2,104,900 | $741,300 | $1,363,600 |
| 2021 | $18,622 | $1,871,600 | $711,700 | $1,159,900 |
| 2020 | $18,304 | $1,649,000 | $711,700 | $937,300 |
| 2019 | $18,360 | $1,646,600 | $711,700 | $934,900 |
| 2018 | $12,001 | $1,076,300 | $742,800 | $333,500 |
| 2017 | $8,310 | $758,900 | $758,900 | $0 |
| 2016 | $8,462 | $758,900 | $758,900 | $0 |
| 2015 | $7,993 | $726,600 | $726,600 | $0 |
| 2014 | $7,775 | $726,600 | $726,600 | $0 |
| 2013 | $6,337 | $607,600 | $607,600 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
David Banks
-
Megan McShane
M
Buyer's Agent in 2020
Megan McShane
Redfin Corporation
-
Chris Erikson, Esq.
Seller's Agent in 2017
Chris Erikson, Esq.
The Aland Realty Group, LLC
(603) 930-4470
16 in this area
122 Total Sales
-
Andrew Berube
A
Buyer's Agent in 2017
Andrew Berube
A.R. Berube & Co.
(207) 450-8876
5 Total Sales
Map
Source: Maine Listings
MLS Number: 1452892
APN: 0100-0001-F
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