NOT LISTED FOR SALE

Estimated Value: $993,000 - $1,280,000

2 Beds
1 Bath
750 Sq Ft
$1,546/Sq Ft Est. Value

Last Sold November 10, 2021

Last sale price $970,000 $1,293 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $7,392/month

5 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Public Beach
  • Wood Flooring
  • 45 Feet of Waterfront
  • Country Club
  • No HOA

About This Home

As of November 2021

Fortunes Rocks Beachfront! This classic summer cottage has been lovingly cared for for over the years and is ready for your enjoyment as-is or to be updated to it's full potential. Situated on an idyllic stretch of sand on Fortunes Rocks Beach and fortified by a strong sea wall, this location is perfection. The cottage features a working stone fireplace as the centerpiece of the living area. Get ready for days of surf and sand and cozy evenings in your dream cottage.

Last Agent to Sell the Property

Peter McPheeters

OceanView Properties Listed on: 08/28/2021

Co-Listed By

Anne McPheeters

OceanView Properties

Last Buyer's Agent

Juliane Datzenko

Better Homes & Gardens Real Estate/The Masiello Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,850

Year Built

  • Built in 1956

Lot Details

  • 3,485 Sq Ft Lot
  • 45 Feet of Waterfront
  • Ocean Front
  • Public Beach
  • Seasonal Access to Property
  • Level Lot
  • Open Lot
  • Property is zoned CR

Parking

  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Cottage
  • Wood Frame Construction
  • Membrane Roofing
  • Shingle Siding

Interior Spaces

  • 750 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Fireplace Features Blower Fan
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Gas Range
  • Microwave

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Shower Only

Basement

  • Exterior Basement Entry
  • Crawl Space

Outdoor Features

  • Deeded Waterfront Access Rights
  • Access to Tidal Water
  • Deep Water Access
  • Patio

Location

  • Property is near a golf course

Utilities

  • No Cooling
  • Heating Available
  • Electric Water Heater
  • Septic System
  • Internet Available

Listing and Financial Details

  • Tax Lot 48
  • Assessor Parcel Number 77FortunesRocksRoadBiddeford04005

Community Details

Overview

  • No Home Owners Association
  • Fortunes Rocks Subdivision

Recreation

  • Country Club

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,850

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.08
  • Water Body Name: Fortunes Rocks Beach, Atlantic Ocean
  • Co List Office Mls Id: 1239
  • Co List Office Phone: 207-282-1732
  • MLS Status: Closed
  • Subdivision Name: Fortunes Rocks
  • Directions: GPS Friendly
  • Above Grade Finished Sq Ft: 750.0
  • Architectural Style: Cottage
  • Garage Yn: No
  • Year Built: 1956
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: Yes
  • Property Information:Lot Size Acres -: 0.08
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 750.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Appliances Included:Microwave: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Amenities:_one_st Floor Bedroom: Yes
  • Amenities:One-Floor Living: Yes
  • Amenities:Shower: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Location:Near Public Beach: Yes
  • Basement:Crawl Space: Yes
  • Recreational Water:Oceanfront: Yes
  • Living Room Amenities:Wood Burning Fireplace14: Yes
  • Room Features:Wood Burning Fireplace29: Yes
  • Water Info:Waterfront Amount -: 45.0
  • Water Info:Water Frontage Owned -: 45.0
  • Recreational Water:Deeded: Yes
  • Recreational Water:Waterfront Deep: Yes
  • Style:Cottage: Yes
  • Driveway:Gravel: Yes
  • Equipment:Internet Access Available: Yes
  • Appliances Included:Gas Range: Yes
  • Sewer:Septic Existing on Site: Yes
  • View:Scenic: Yes
  • Location:Near Country Club: Yes
  • Recreational Water:Waterfront Tidal: Yes
  • Heat System:Blowers: Yes
  • Roof:Membrane: Yes
  • Basement Entry:Exterior Only: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Microwave, Gas Range
  • Has Basement: Crawl Space, Exterior Only
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Bedroom, One-Floor Living, Shower
  • Bedroom 2 Level: First
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Level, Open Lot, Near Golf Course, Near Public Beach
  • View: Scenic
  • Waterfront Features: Ocean
  • Waterfront: Yes
  • Construction Type: Shingle Siding, Wood Frame
  • Patio And Porch Features: Patio
  • Roof: Membrane
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Gravel

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Blowers
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Existing on Site
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3484.8
  • Parcel #: 77FortunesRocksRoadBiddeford04005
  • Zoning: CR

Tax Info

  • Tax Annual Amount: 9850.0
  • Tax Book Number: 15127
  • Tax Lot: 48
  • Tax Map Number: 64
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2021
Closed on
Nov 10, 2021
Sold by
Bouthillette Peter W
Bought by
Wright Lynn A
Seller's Agent
Peter McPheeters
OceanView Properties
Buyer's Agent
Juliane Datzenko
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$800,000
Sold Price
$970,000
Premium/Discount to List
$170,000
21.25%
Current Estimated Value
$1,159,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,546
Avg. Annual Appreciation
4.80%
Original Mortgage
$740,000
Outstanding Balance
$681,105
Interest Rate
3.01%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$478,441
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
Wright Lynn A -- None Available
Wright Lynn A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wright Lynn A $500,000
Open Wright Lynn A $740,000
Closed Wright Lynn A $740,000
Previous Owner Bouthillette Peter W $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2021 11/10/21 Sold $970,000 +21.3% $1,293 / Sq Ft
08/30/2021 08/30/21 Pending -- -- --
08/24/2021 08/24/21 For Sale $800,000 -- $1,067 / 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 $13,030 $916,300 $910,600 $5,700
2023 $12,258 $934,300 $908,600 $25,700
2022 $11,984 $730,300 $668,600 $61,700
2021 $10,787 $591,700 $540,500 $51,200
2020 $10,835 $540,400 $491,400 $49,000
2019 $10,797 $540,400 $491,400 $49,000
2018 $10,646 $540,400 $491,400 $49,000
2017 $10,677 $532,000 $491,400 $40,600
2016 $10,566 $532,000 $491,400 $40,600
2015 $10,358 $532,000 $491,400 $40,600
2014 $11,538 $607,600 $567,000 $40,600
2013 -- $616,000 $578,600 $37,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1506392

Maine Listings

APN: BIDD-000064-000000-000048