NOT LISTED FOR SALE

7 S Maine St Unit 14 Kennebunkport, ME 04046

Estimated Value: $361,639

1 Bed
1 Bath
280 Sq Ft
$550/mo HOA Fee

Last Sold August 28, 2020

Last sale price $224,000 $800 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,587/month

26 Days on Market

Highlights

  • Water Views
  • Docks
  • Country Club
  • Kennebunk High School Rated 9+
  • Public Beach
  • 1.69 Acre Lot

About This Home

As of August 2020

A unique investment opportunity to own your vacation home. The ''Sleepy Hollow'' is a seasonal condo cottage in Cabot Cove. Designer decorated 1 bedroom 1 bath. Enjoy your breakfast on the custom-built furniture that overlooks the private patio. ''Sleepy Hollow'' is fully furnished and decked with cheerful pastels and floral prints. Shared dock for water activities. Rental income with on-site management. Great get away/investment.

Last Agent to Sell the Property

Rebecca Bassett

Portside Real Estate Group Listed on: 07/10/2020

Co-Listed By

Grainne Archer

Portside Real Estate Group

Last Buyer's Agent

Troy Williams

Keller Williams Coastal and Lakes & Mountains Realty

Keller Williams Coastal and Lakes & Mountains Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,325

Year Built

  • Built in 1930

Lot Details

  • Public Beach
  • Seasonal Access to Property
  • Landscaped
  • Lot Has A Rolling Slope

HOA Fees

  • $550 Monthly HOA Fees

Property Views

  • Water
  • Scenic Vista

Home Design

  • Cottage
  • Wood Frame Construction
  • Shingle Roof
  • Wood Roof
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 280 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Living Room
  • Wood Flooring

Kitchen

  • Electric Range
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Basement

  • Exterior Basement Entry
  • Crawl Space

Outdoor Features

  • Property Near A Cove
  • Docks
  • Patio

Location

  • Property is near a golf course

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Electric Water Heater
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 21 / 2
  • Assessor Parcel Number KENP-000008-000002-000021O

Community Details

Overview

  • Cabot Cove Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Country Club

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,325

Year Built

Built in 1930

Lot Details

0

HOA Fees

$550 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 1.69
  • Road Surface Type: Paved
  • Water Body Name: Cabot Cove
  • Co List Office Mls Id: 3189
  • Co List Office Phone: 207-204-0465
  • MLS Status: Closed
  • Subdivision Name: Cabot Cove
  • Directions: Maine Street to South Main Street to Cabot Cove Cottages. Please check in at the office before showing.
  • Above Grade Finished Sq Ft: 280.0
  • Architectural Style: Cottage
  • Garage Yn: No
  • Year Built: 1930
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: Yes
  • Property Information:Lot Size Acres -: 1.69
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 280.0
  • Property Information:Garage: No
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Electric Range: Yes
  • Heat Fuel:Propane: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Location Information:Association Fee: 6600.0
  • Location Information:Fee Frequency Paid: Annually
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Units in Building: 1
  • Water Heater:Electric2: Yes
  • Amenities:_one_st Floor Bedroom: Yes
  • Amenities:One-Floor Living: Yes
  • Living Room:Living Room: Yes
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Basement:Crawl Space: Yes
  • Style:Cottage: Yes
  • Equipment:Internet Access Available: Yes
  • Site:RollingSloping: Yes
  • Property Information:Deed Restrictions: Yes
  • Equipment:Cable: Yes
  • Living Room Amenities:Cathedral Ceiling5: Yes
  • Room Features:Cathedral Ceiling29: Yes
  • View:Scenic: Yes
  • Location:Near Country Club: Yes
  • Heat System:Direct Vent Heater: Yes
  • Kitchen Countertop:Solid Surface: Yes
  • Recreational Water:Dock: Yes
  • Basement Entry:Exterior Only: Yes
  • Cooling:AC Units: Yes
  • Roof:Wood: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Electric Range, Dishwasher
  • Has Basement: Crawl Space, Exterior Only
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom, One-Floor Living
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First

Exterior Features

  • Lot Features: Rolling Slope, Landscaped, Near Golf Course, Near Public Beach, Near Shopping, Neighborhood
  • View: Scenic
  • Waterfront Features: Cove
  • Waterfront: No
  • Construction Type: Wood Siding, Shingle Siding, Wood Frame
  • Patio And Porch Features: Patio
  • Roof: Shingle, Wood
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Other

Utilities

  • Cooling: A/C Units, Multi Units
  • Cooling Y N: Yes
  • Heating: Direct Vent Heater, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 6600.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Junior High Dist: RSU 21

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 73616.4
  • Parcel #: KENP-000008-000002-000021O
  • Zoning: Village Residential

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 2325.0
  • Tax Block: 2
  • Tax Book Number: 14576
  • Tax Lot: 21
  • Tax Map Number: 8
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 21, 2023
Sold by
Forman Joel M and Forman Stephanie S
Bought by
Kpt Cottage 14 Llc
Current Estimated Value
$361,639

Purchase Details

Listed on
Jul 10, 2020
Closed on
Aug 26, 2020
Sold by
Knowlton Lesa C
Bought by
Forman Joel M
Seller's Agent
Rebecca Bassett
Portside Real Estate Group
Buyer's Agent
Troy Williams
Keller Williams Coastal and Lakes & Mountains Realty
List Price
$229,900
Sold Price
$224,000
Premium/Discount to List
-$5,900
-2.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.74%
Original Mortgage
$179,200
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2005
Sold by
South Maine Llc
Bought by
Knowlton Lesa C and Curatola John M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,100
Interest Rate
5.68%
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
Kpt Cottage 14 Llc -- None Available
Forman Joel M -- None Available
Knowlton Lesa C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Forman Joel M $179,200
Previous Owner Knowlton Lesa C $251,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2020 08/28/20 Sold $224,000 -2.6% $800 / Sq Ft
07/28/2020 07/28/20 Pending -- -- --
07/01/2020 07/01/20 For Sale $229,900 -- $821 / 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 $1,422 $218,800 $200,000 $18,800
2023 $1,368 $218,800 $200,000 $18,800
2022 $1,313 $218,800 $200,000 $18,800
2021 $2,100 $218,800 $200,000 $18,800
2020 $2,325 $246,000 $200,000 $46,000
2019 $2,325 $246,000 $200,000 $46,000
2018 $2,155 $246,000 $200,000 $46,000
2017 $2,618 $300,900 $250,000 $50,900
2016 $2,491 $300,900 $250,000 $50,900
2015 $2,317 $300,900 $250,000 $50,900
2014 $2,296 $300,900 $250,000 $50,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1458578

Maine Listings

APN: KENP-000008-000002-000021O