NOT LISTED FOR SALE

78 Old Falls Pond Rd Alfred, ME 04002

Estimated Value: $296,000 - $438,000

3 Beds
1 Bath
1,200 Sq Ft
$331/Sq Ft Est. Value

Last Sold October 25, 2019

Last sale price $255,000 $212 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $2,325/month

250 Days on Market

Highlights

  • 168 Feet of Waterfront
  • Home fronts a pond
  • Wooded Lot
  • Docks
  • 1.3 Acre Lot
  • Wood Flooring

About This Home

As of October 2019

This updated, secluded riverfront cottage was constructed on the footprint of the original camp in a very private section of the Mousam River. Kennebunk Plains Wildlife Management owns the undeveloped lands across the pond, allowing for a pristine view. This peaceful escape is only 10 minutes from downtown Kennebunk, Maine. This cottage is one of the only buildings directly on the shoreline in this mile-long section of the Mousam River called Old Falls Pond. There is no public access to the pond and the fishing is great with large and small-mouth bass, rainbow trout, and pickerel. The ocean is only 12 minutes away and great restaurants and shopping are only a short drive away. This would make a great retreat or summer rental. Properties like this are very rare to come by! This is your chance to own a large piece of waterfront property, with a rebuilt cottage, close to the highway and all that Southern Maine has to offer. Being sold fully furnished.

Last Agent to Sell the Property

Skye Ouellette

Coldwell Banker Realty Brokerage Phone: 207-967-9900 Listed on: 09/03/2019

Last Buyer's Agent

Skye Ouellette

Anne Erwin Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,711

Year Built

  • Built in 1972

Lot Details

  • 1.3 Acre Lot
  • Home fronts a pond
  • 168 Feet of Waterfront
  • Property fronts a private road
  • Dirt Road
  • Seasonal Access to Property
  • Wooded Lot
  • Property is zoned Shoreland

Property Views

  • Water
  • Scenic Vista

Home Design

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

Interior Spaces

  • Furnished
  • Ceiling Fan
  • Great Room
  • Living Room
  • Dining Room
  • Loft
  • Sun or Florida Room
  • Screened Porch

Kitchen

  • Gas Range
  • Microwave

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom
  • Shower Only

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Parking

  • Gravel Driveway
  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Docks

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Propane
  • Private Water Source
  • Gas Water Heater
  • Private Sewer

Community Details

  • No Home Owners Association
  • Community Storage Space

Listing and Financial Details

  • Tax Lot 3-5
  • Assessor Parcel Number ALFR-000001-000003-000005

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,711

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.3
  • Road Frontage Type: Private
  • Road Surface Type: Gravel
  • Water Body Name: Old Falls Pond
  • MLS Status: Closed
  • Directions: From I95 N, Exit 19, turn right onto ME-109 N/State Rte 9 W/Sanford Rd. Continue 6.9 miles, right on Kennebunk Road (1.1 mi), left onto Whichers Mill Rd (1.6 mi) Continue onto Old North Berwick Rd (0.2 mi). Right on Old Falls Pond Rd for .3 mi to home.
  • Above Grade Finished Sq Ft: 700.0
  • Architectural Style: Camp, Cottage
  • Garage Yn: No
  • Year Built: 1972
  • Attribution Contact: 207-967-9900
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 412.86
  • Property Information:Seasonal: Yes
  • Property Information:Lot Size Acres -: 1.3
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 700.0
  • Property Information:SqFt Finished Below Grade: 500.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Basement:Daylight: Yes
  • Percent Basement Finished: Yes
  • Basement:Walkout Access: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Appliances Included:Microwave: Yes
  • Heat Fuel:Propane: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Walk-Out: Yes
  • Water Heater:Gas: Yes
  • Amenities:Storage: Yes
  • Roads:Private: Yes
  • Amenities:_one_st Floor Bedroom: Yes
  • Amenities:Shower: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Parking:On Site2: Yes
  • Sunroom:Sunroom: Yes
  • Sewer:Private Sewer: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 168.0
  • Water Info:Water Frontage Owned -: 168.0
  • Style:Cottage: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Style:Camp: Yes
  • Appliances Included:Gas Range: Yes
  • Energy Efficiency:Ceiling Fans: Yes
  • Great Room:Great Room: Yes
  • View:Scenic: Yes
  • Utility Info Electric On Site: Yes
  • Amenities:Furniture Included: Yes
  • Recreational Water:Dock: Yes
  • Loft:Loft: Yes
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Advertising Remarks:Advertising Remarks: This updated, secluded riverfront cottage was constructed on the footprint of the original camp in a very private section of the Mousam River. Kennebunk Plains Wildlife Management owns the undeveloped lands across the pond, allowing for a pristine view. This peaceful escape is only 10 minutes from downtown Kennebunk, Maine. This cottage is one of the only buildings directly on the shoreline in this mile-long section of the Mousam River called Old Falls Pond. There is no public access to the pond and the fishing is great with large and small-mouth bass, rainbow trout, and pickerel. The ocean is only 12 minutes away & great restaurants and shopping are only a short drive away. This would make a great retreat or summer rental. Properties like this are very rare to come by! This is your chance to own a large piece of waterfront property with a rebuilt cottage, close to the highway. Being sold fully furnished. Call Skye at 207-805-5100 or e-mail Skye.Ouellette@NEMoves.com.
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Microwave, Gas Range
  • Has Basement: Walk-Out Access, Daylight, Finished, Full
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 500.0
  • Fireplace: No
  • Interior Amenities: Furniture Included, 1st Floor Bedroom, Shower, Storage
  • Full Basement: Yes
  • Dining Room Dining Room Level: First
  • Living Room Living Room Level: First

Exterior Features

  • Lot Features: Wooded, Near Turnpike/Interstate, Near Town
  • View: Scenic
  • Waterfront Features: Pond
  • Waterfront: Yes
  • Construction Type: Shingle Siding, Wood Frame
  • Patio And Porch Features: Glass Enclosed, Porch, Screened
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Gravel, On Site, Off Street

Utilities

  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • Electric: On Site, Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 56628.0
  • Parcel #: ALFR-000001-000003-000005
  • Zoning: Shoreland

Tax Info

  • Tax Annual Amount: 1711.0
  • Tax Lot: 3-5
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2019
Closed on
Oct 25, 2019
Sold by
Patrick B Hoey 2006 T
Bought by
Oconnor Emily and Oconnor Kyle
Seller's Agent
Skye Ouellette
Coldwell Banker Realty
Buyer's Agent
Skye Ouellette
Coldwell Banker Realty
List Price
$319,000
Sold Price
$255,000
Premium/Discount to List
-$64,000
-20.06%
Current Estimated Value
$397,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,522
Avg. Annual Appreciation
7.56%
Original Mortgage
$204,000
Outstanding Balance
$178,297
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$219,225

Purchase Details

Closed on
Oct 10, 2013
Sold by
Pbh Rt and Hoey Jane A
Bought by
Patrick B Hoey T and Hoey Jane A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,343
Interest Rate
4.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 17, 2006
Sold by
Hoey Patrick B
Bought by
Pbh Rt
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Oconnor Emily -- --
Patrick B Hoey T -- --
Pbh Rt -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oconnor Emily $204,000
Previous Owner Patrick B Hoey T $76,343
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2019 10/25/19 Sold $255,000 -20.1% $213 / Sq Ft
08/26/2019 08/26/19 Pending -- -- --
12/18/2018 12/18/18 For Sale $319,000 -- $266 / 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
2025 $2,779 $287,953 $148,300 $139,653
2024 $2,721 $287,953 $148,300 $139,653
2023 $2,023 $107,600 $51,200 $56,400
2022 $1,937 $107,600 $51,200 $56,400
2021 $1,856 $107,600 $51,200 $56,400
2020 $1,765 $107,600 $51,200 $56,400
2019 $1,765 $107,600 $51,200 $56,400
2018 $1,711 $107,600 $51,200 $56,400
2017 $1,711 $107,600 $51,200 $56,400
2016 $1,630 $107,600 $51,200 $56,400
2015 $1,560 $107,600 $51,200 $56,400
2014 $1,533 $107,600 $51,200 $56,400
2013 $1,480 $107,600 $51,200 $56,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1400968

Maine Listings

APN: ALFR-000001-000003-000005