R
Seller's Agent in 2022
Rita Yarinold
Bay Realty
(207) 831-8356
1 in this area
18 Total Sales
7 Valley Rd Cape Elizabeth, ME 04107
Estimated Value: $816,000 - $944,773
4
Beds
3.5
Baths
2,440
Sq Ft
$358/Sq Ft
Est. Value
Highlights
- Beach Access
- Public Beach
- Scenic Views
- Pond Cove Elementary School Rated A
- Country Club
- Colonial Architecture
About This Home
As of September 2022Wonderfully spacious home in a idyllic setting, overlooking Maxwell Farm and abutting the 16 acre Runaway Farm Conservation Land. This private home is all about options. Choose your favorite nesting spot in either the 1st level living room or family room - or relax in the downstairs great room. Those 3 rooms, plus kitchen & dining, office, 4 BR's and 3.5 baths, provide plenty of space. There are also 2 decks - one off the great room, with another shaded deck below. Beautifully mature plantings make the nearly 1/2 acre lot a gardeners delight. Property is situated at the end of a quiet cul-de-sac, yet is just a short ride to superb dining, shopping, amenities, state parks and beaches. The owners who have loved this home for 25 years, are preparing for their next life adventure. They invite you to come prepare for yours.
Last Buyer's Agent
Marcia Jansen
Bean Group
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,714
Year Built
- Built in 1985
Lot Details
- 0.46 Acre Lot
- Public Beach
- Near Conservation Area
- Cul-De-Sac
- Street terminates at a dead end
- Landscaped
- Level Lot
- Open Lot
- Wooded Lot
Parking
- 2 Car Direct Access Garage
- Driveway
Home Design
- Colonial Architecture
- Concrete Foundation
- Wood Frame Construction
- Shingle Roof
- Fiberglass Roof
- Clap Board Siding
- Concrete Perimeter Foundation
- Clapboard
Interior Spaces
- Vaulted Ceiling
- Wood Burning Fireplace
- Gas Fireplace
- Double Pane Windows
- Family Room with Fireplace
- Great Room
- Separate Formal Living Room
- Dining Room
- Den
- Scenic Vista Views
Kitchen
- Electric Range
- Dishwasher
- Formica Countertops
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary bedroom located on second floor
- En-Suite Primary Bedroom
- En-Suite Bathroom
- Walk-In Closet
- Bathtub
- Shower Only
Laundry
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Natural lighting in basement
Outdoor Features
- Beach Access
- Nearby Water Access
- Deck
Location
- Property is near public transit
- Property is near a golf course
- Suburban Location
Utilities
- Air Conditioning
- Multiple cooling system units
- Zoned Heating
- Heating System Uses Oil
- Hot Water Heating System
- Natural Gas Not Available
- Internet Available
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 25 / 5
- Assessor Parcel Number CAPE-027025U-000005
Community Details
Overview
- No Home Owners Association
- The community has rules related to deed restrictions
Recreation
- Country Club
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 7, 2022
Closed on
Sep 30, 2022
Sold by
Riddell Thomas P and Riddell Linda K
Bought by
Reed Kristin M and Foey Stephen C
Seller's Agent
Rita Yarinold
Bay Realty
Buyer's Agent
Marcia Jansen
Bean Group
List Price
$689,900
Sold Price
$754,000
Premium/Discount to List
$64,100
9.29%
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
$118,443
Avg. Annual Appreciation
1.80%
Original Mortgage
$675,000
Outstanding Balance
$649,715
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$145,196
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 |
|---|---|---|---|
| Reed Kristin M | $754,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Reed Kristin M | $675,000 | |
| Previous Owner | Riddell Thomas P | $249,000 | |
| Previous Owner | Riddell Thomas P | $100,000 | |
| Previous Owner | Riddell Thomas P | $60,000 | |
| Previous Owner | Riddell Thomas P | $209,850 | |
| Previous Owner | Riddell Thomas P | $20,000 | |
| Previous Owner | Riddell Linda M | $200,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/30/2022 09/30/22 | Sold | $754,000 | +9.3% | $309 / Sq Ft |
| 09/27/2022 09/27/22 | Pending | -- | -- | -- |
| 08/03/2022 08/03/22 | For Sale | $689,900 | -- | $283 / 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 | $6,937 | $630,600 | $284,300 | $346,300 |
| 2023 | $14,088 | $630,600 | $284,300 | $346,300 |
| 2022 | $7,009 | $331,400 | $104,400 | $227,000 |
| 2021 | $6,714 | $331,400 | $104,400 | $227,000 |
| 2020 | $6,601 | $331,400 | $104,400 | $227,000 |
| 2019 | $6,522 | $331,400 | $104,400 | $227,000 |
| 2018 | $6,303 | $331,400 | $104,400 | $227,000 |
| 2017 | $5,965 | $331,400 | $104,400 | $227,000 |
| 2016 | $5,813 | $331,400 | $104,400 | $227,000 |
| 2015 | $5,594 | $331,400 | $104,400 | $227,000 |
| 2013 | $5,395 | $331,400 | $104,400 | $227,000 |
Source: Public Records
Agents Affiliated with this Home
-
Rita Yarinold
-
M
Buyer's Agent in 2022
Marcia Jansen
Bean Group
Map
Source: Maine Listings
MLS Number: 1538802
APN: CAPE-027025U-000005
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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