NOT LISTED FOR SALE

8 Lighthouse Point Rd Cape Elizabeth, ME 04107

Estimated Value: $1,359,000 - $1,612,561

4 Beds
2.5 Baths
2,072 Sq Ft
$716/Sq Ft Est. Value

Last Sold September 27, 2023

Last sale price $1,350,000 $652 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $9,578/month

3 Days on Market

Highlights

  • Ocean Front
  • Nearby Water Access
  • Deck
  • Pond Cove Elementary School Rated A
  • Public Beach
  • Family Room with Fireplace

About This Home

As of September 2023

Feel and smell the ocean breezes as you sit on your new deck overlooking the famous lighthouse from Edward Hopper's painting ''The Lighthouse at Two Lights.'' This newly renovated sun-filled home includes a brand new custom kitchen with a large island open to the cozy family room with wood burning fireplace, living room with another fireplace, a charming dining room with shiplap walls, gleaming hardwood floors, Hardie plank exterior siding, new roof and many more updates. Sited on private beautifully landscaped yard, this home offers some ocean views.

Last Listed By

Kathleen Pierce

Advisors Living, LLC Listed on: 08/11/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,881

Year Built

  • Built in 1976

Lot Details

  • 0.47 Acre Lot
  • Ocean Front
  • Public Beach
  • Landscaped
  • Lot Has A Rolling Slope
  • Property is zoned RA

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Saltbox Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Concrete Fiber Board Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,072 Sq Ft Home
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Dining Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Outdoor Features

  • Nearby Water Access
  • Deck

Location

  • Suburban Location

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Heating System Uses Propane
  • Baseboard Heating
  • Hot Water Heating System
  • Generator Hookup
  • Tankless Water Heater
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 47
  • Assessor Parcel Number CAPE-015047U

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,881

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.47
  • Water Body Name: Atlantic Ocean
  • MLS Status: Closed
  • Directions: Rte.77 to left on Two Lights Rd. to left on Two Lights Terrace, to rt on Lighthouse PT. Rd.
  • Above Grade Finished Sq Ft: 2072.0
  • Architectural Style: Saltbox
  • Garage Yn: Yes
  • Efficiency: Tankless Water Heater
  • Year Built: 1976
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Property Information:Lot Size Acres -: 0.47
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2072.0
  • Property Information:Garage: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • 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:Disposal: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Propane: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Property Information:Garage Spaces: 2.0
  • Heat Fuel:Electric: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Water Heater:Tankless: Yes
  • Dining Room:Dining Room: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Kitchen Amenities:Island: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Full Bath7: Yes
  • Room Features:Eat-in Kitchen2: Yes
  • Room Features:Island2: Yes
  • Location:Suburban: Yes
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Appliances Included:Wall Oven: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Amenities:Attic: Yes
  • Recreational Water:Nearby: Yes
  • Living Room Amenities:Wood Burning Fireplace14: Yes
  • Room Features:Wood Burning Fireplace29: Yes
  • Site:RollingSloping: Yes
  • Family Room:Family Room: Yes
  • Appliances Included:Gas Range: Yes
  • Sewer:Septic Existing on Site: Yes
  • View:Scenic: Yes
  • Energy Efficiency:Tankless Water Heater: Yes
  • Kitchen Countertop:Quartz: Yes
  • Laundry Room:Laundry Room: Yes
  • Exterior:Fiber Cement: Yes
  • Style:Saltbox: Yes
  • Cooling:AC Units: Yes
  • Family Room Amenities:Wood Burning Fireplace10: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 2
  • Special Features: None

Interior Features

  • Appliances: Washer, Wall Oven, Refrigerator, Microwave, Gas Range, Dryer, Disposal, Dishwasher
  • Has Basement: Bulkhead, Full, Exterior Entry, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Attic, Primary Bedroom w/Bath
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Bedroom 4 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: Second
  • Laundry Room Laundry Room Level: First

Exterior Features

  • Lot Features: Rolling Slope, Landscaped, Near Public Beach, Neighborhood, Suburban
  • View: Scenic
  • Waterfront Features: Ocean
  • Waterfront: No
  • Construction Type: Fiber Cement, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Paved, On Site, Garage Door Opener

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: A/C Units, Multi Units
  • Cooling Y N: Yes
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Generator Hookup, 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: 20473.2
  • Parcel #: CAPE-015047U
  • Zoning: RA

Tax Info

  • Tax Annual Amount: 9881.0
  • Tax Book Number: 28795
  • Tax Lot: 47
  • Tax Map Number: U15
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2023
Closed on
Sep 27, 2023
Sold by
Krusec Gail V and Krusec Edward R
Bought by
Gottumukkala Vijaya and Gottumukkala Aruna
Seller's Agent
Kathleen Pierce
Advisors Living, LLC
Buyer's Agent
Nova Tower
Vitalius Real Estate Group, LLC
List Price
$1,300,000
Sold Price
$1,350,000
Premium/Discount to List
$50,000
3.85%
Total Days on Market
3
Current Estimated Value
$1,483,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,890
Avg. Annual Appreciation
5.90%
Original Mortgage
$1,080,000
Outstanding Balance
$1,060,281
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$423,609

Purchase Details

Closed on
Jul 1, 2011
Sold by
Robert L Gilbertson Res T L and Robert Gilbertson
Bought by
Krusec Gail V and Krusec Edward R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,500
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 26, 2009
Sold by
Gilbertson Robert L Est and Gilbertson
Bought by
Robert L Gilberton Res T L and Robert Gilbertson

Range of Values:

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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
Gottumukkala Vijaya $1,350,000 None Available
Krusec Gail V -- --
Robert L Gilberton Res T L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gottumukkala Vijaya $1,080,000
Previous Owner Krusec Gail V $500,000
Previous Owner Krusec Edward R $196,386
Previous Owner Krusec Edward R $217,004
Previous Owner Krusec Gail V $364,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2023 09/27/23 Sold $1,350,000 +3.8% $652 / Sq Ft
08/14/2023 08/14/23 Pending -- -- --
08/11/2023 08/11/23 For Sale $1,300,000 -- $627 / 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 $15,264 $1,387,600 $866,300 $521,300
2023 $30,999 $1,387,600 $866,300 $521,300
2022 $9,881 $467,200 $218,000 $249,200
2021 $9,465 $467,200 $218,000 $249,200
2020 $9,307 $467,200 $218,000 $249,200
2019 $8,791 $446,700 $218,000 $228,700
2018 $8,496 $446,700 $218,000 $228,700
2017 $8,041 $446,700 $218,000 $228,700
2016 $7,835 $446,700 $218,000 $228,700
2015 $7,540 $446,700 $218,000 $228,700
2013 $7,272 $446,700 $218,000 $228,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1567852

Maine Listings

APN: CAPE-015047U