NOT LISTED FOR SALE

71 Spar Cove Rd Freeport, ME 04032

Estimated Value: $1,068,000 - $1,885,000

4 Beds
2 Baths
1,824 Sq Ft
$884/Sq Ft Est. Value

Last Sold June 04, 2021

Last sale price $1,200,000 $658 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $9,978/month

26 Days on Market

Highlights

  • 300 Feet of Waterfront
  • Access to Tidal Water
  • 2.74 Acre Lot
  • Mast Landing School Rated A
  • Public Beach
  • Deck

About This Home

As of June 2021

Looking for waterfront property in Southern Maine? This property offers 300' of waterfront on Staples Cove, looking out at Pound o Tea Island and Casco Bay. Easterly facing, enjoy incredible sun and moon rises over the ocean. Sea birds, including bald eagles, will entertain you along with seals and other wildlife.
Add your special touches to the current home or build your own. Either way, you must see this property. 30 minutes to Portland and the airport; 10 minutes to shopping.

Last Agent to Sell the Property

Patricia Foden

Keller Williams Realty Listed on: 03/24/2021

Keller Williams Realty

Last Buyer's Agent

David Banks

RE/MAX By The Bay

RE/MAX By The Bay

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,056

Year Built

  • Built in 1955

Lot Details

  • 2.74 Acre Lot
  • 300 Feet of Waterfront
  • Ocean Front
  • Property Fronts a Bay or Harbor
  • Public Beach
  • Fenced
  • Open Lot
  • Lot Has A Rolling Slope
  • Property is zoned RR2

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,824 Sq Ft Home
  • Built-In Features
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Sun or Florida Room
  • Water Views

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Bathtub
  • Shower Only

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Exterior Basement Entry
  • Sump Pump
  • Crawl Space

Outdoor Features

  • Access to Tidal Water
  • Property Near A Cove
  • Balcony
  • Deck
  • Shed
  • Enclosed Glass Porch

Location

  • Property is near public transit
  • Property is near a golf course
  • Suburban Location

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Power Generator
  • Private Water Source
  • Well
  • Septic System
  • Septic Design Available
  • Private Sewer

Community Details

  • No Home Owners Association
  • Community Storage Space

Listing and Financial Details

  • Tax Lot 9, ETC
  • Assessor Parcel Number FPRT-000028-000009-E000000TC

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,056

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.74
  • Road Surface Type: Paved
  • Water Body Name: Casco Bay
  • MLS Status: Closed
  • Directions: Rt 1 to South Freeport Road. Turn right on Staples Point Rd. Turn left on Spar Cove Rd. Bear left, staying on Spar cove Rd. Go .7 miles. #71 is on left.
  • Above Grade Finished Sq Ft: 1824.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Year Built: 1955
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 2.74
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1824.0
  • Property Information:Garage: Yes
  • Site:Open: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Amenities:Fence: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 2.0
  • Amenities:One-Floor Living: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Full Bath7: Yes
  • Location:Suburban: Yes
  • Roof:Composition2: Yes
  • Style:Ranch: Yes
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Sunroom:Sunroom: Yes
  • Basement:Crawl Space: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Parking:Paved3: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Oceanfront: Yes
  • Living Room Amenities:Wood Burning Fireplace14: Yes
  • Room Features:Wood Burning Fireplace29: Yes
  • Water Info:Waterfront Amount -: 300.0
  • Water Info:Water Frontage Owned -: 300.0
  • Water:Private2: Yes
  • Dining Room Amenities:Dining Area: Yes
  • Room Features:Dining Area2: Yes
  • Site:RollingSloping: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Sewer:Septic Design Available: Yes
  • Recreational Water:Waterfront Tidal: Yes
  • Equipment:Generator: Yes
  • Basement:Sump Pump: Yes
  • Room Features:Built-Ins30: Yes
  • Den:Den: Yes
  • Room Features:BalconyDeck17: Yes
  • Location:Near Railroad: Yes
  • Transportation:Rail Available: Yes
  • Sunroom Amenities:Four-Season: Yes
  • Living Room Amenities:Built-Ins14: Yes
  • Den Amenities:Built-Ins7: Yes
  • Bedroom Amenities 3:BalconyDeck3: Yes
  • Other Structures:Shed: Yes
  • Patio and Porch Features:Glassed-in Porch: 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, Electric Range, Dryer, Dishwasher
  • Has Basement: Bulkhead, Crawl Space, Sump Pump, Exterior Entry, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Primary Bedroom w/Bath, Bathtub, One-Floor Living, Shower, Storage, Primary Bedroom w/Bath
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bedroom 4 Bedroom 4 Level: First
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First

Exterior Features

  • Fencing: Fenced
  • Lot Features: Open Lot, Rolling Slope, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Suburban, Near Railroad
  • Waterfront Features: Cove, Bay, Ocean
  • Waterfront: Yes
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck, Glass Enclosed
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Paved, Detached

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Design Available, Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Schools

  • Junior High Dist: RSU 05

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 119354.4
  • Parcel #: FPRT-000028-000009-E000000TC
  • Zoning: RR2

Tax Info

  • Tax Annual Amount: 14056.0
  • Tax Book Number: 11283
  • Tax Lot: 9, ETC
  • Tax Map Number: 28
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2024
Sold by
Hoffman Eric D and Hoffman Carolyn M
Bought by
Hoffman Carolyn M
Current Estimated Value
$1,611,914

Purchase Details

Listed on
Mar 24, 2021
Closed on
Jun 4, 2021
Sold by
Allen Linda S
Bought by
Hoffman Eric and Hoffman Carolyn
Seller's Agent
Patricia Foden
Keller Williams Realty
Buyer's Agent
David Banks
RE/MAX By The Bay
List Price
$1,295,000
Sold Price
$1,200,000
Premium/Discount to List
-$95,000
-7.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.10%
Original Mortgage
$960,000
Interest Rate
2.9%
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
Hoffman Carolyn M -- None Available
Hoffman Carolyn M -- None Available
Hoffman Eric D -- None Available
Hoffman Eric -- None Available
Hoffman Eric -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hoffman Eric $960,000
Previous Owner Allen Linda S $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2021 06/04/21 Sold $1,200,000 -7.3% $658 / Sq Ft
04/20/2021 04/20/21 Pending -- -- --
03/24/2021 03/24/21 For Sale $1,295,000 -- $710 / 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 $17,589 $1,317,500 $1,119,800 $197,700
2023 $16,389 $1,191,900 $1,017,700 $174,200
2022 $14,805 $1,084,600 $909,900 $174,700
2021 $14,479 $1,084,600 $909,900 $174,700
2020 $14,056 $1,004,000 $842,600 $161,400
2019 $13,518 $945,300 $794,900 $150,400
2018 $14,269 $948,100 $808,600 $139,500
2017 $13,113 $877,100 $743,800 $133,300
2016 $12,431 $786,800 $663,200 $123,600
2015 $11,735 $698,500 $587,600 $110,900
2014 $11,036 $698,500 $587,600 $110,900
2013 $10,711 $675,800 $559,000 $116,800
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2021

    Patricia Foden

    Keller Williams Realty

    (207) 807-4294

    6 in this area

    53 Total Sales

    Patricia Foden
    Section Image

  • D

    Buyer's Agent in 2021

    David Banks

    RE/MAX By The Bay

    Section Image
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Map

Source: Maine Listings

MLS Number: 1485258

Maine Listings

APN: FPRT-000028-000009-E000000TC

Maine Cumberland County Freeport 04032

71 Spar Cove Rd, Freeport, ME

This home is located at 71 Spar Cove Rd, Freeport, ME 04032 since 24 March 2021 and is currently estimated at $1,611,914, approximately $883 per square foot. This property was built in 1955. 71 Spar Cove Rd is a home located in Cumberland County with nearby schools including Morse Street School, Mast Landing School, and Freeport Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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