NOT LISTED FOR SALE

8 Riverside Place Kennebunk, ME 04043

Estimated Value: $669,000 - $832,737

4 Beds
2 Baths
2,958 Sq Ft
$245/Sq Ft Est. Value

Last Sold July 15, 2016

Last sale price $360,000 $122 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $4,526/month

15 Days on Market

Highlights

  • 184 Feet of Waterfront
  • Access to Tidal Water
  • Colonial Architecture
  • Kennebunk High School Rated 9+
  • 2.97 Acre Lot
  • Deck

About This Home

As of July 2016

This home was built with an in law apartment which is now a rentable unit. Both sides have 3 bedrooms , 2 full baths, kitchen, living room and screened porch. Seller's side includes 2 car garage, dining room,and deck. It can be converted into a single family home with 6 bedroom/ 4 baths or 1 one bedroom apartment and a main house with 5 bedrooms and 3 baths. Current apt rent is $1200/ month no utilities. Road Maintenance agreement in force $220 annual fee Well maintained and plowed See MLS 1261552

Last Agent to Sell the Property

Janice Darling

Bean Group Listed on: 05/05/2016

Last Buyer's Agent

Janice Darling

Berkshire Hathaway HomeServices Verani Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,532

Year Built

  • Built in 1997

Lot Details

  • 2.97 Acre Lot
  • 184 Feet of Waterfront
  • River Front
  • Property fronts a private road
  • Dirt Road
  • Street terminates at a dead end
  • Landscaped
  • Open Lot
  • Wooded Lot

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,958 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Screened Porch
  • ENERGY STAR Qualified Appliances
  • Laundry on main level
  • Attic

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • In-Law or Guest Suite
  • 2 Full Bathrooms
  • Bathtub
  • Shower Only

Unfinished Basement

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

Parking

  • Direct Access Garage
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Access to Tidal Water
  • River Nearby
  • Deck
  • Shed

Location

  • Property is near public transit
  • City Lot

Utilities

  • Dehumidifier
  • Zoned Heating
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Well
  • Septic System
  • Private Sewer
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number KENB-000053-000000-000003

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $14,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,532

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 2.97
  • Road Frontage Type: Private
  • Road Surface Type: Gravel
  • Water Body Name: Mousam River
  • MLS Status: Closed
  • Directions: Brown st Kennebunk to Riverside Place on Left .
  • Above Grade Finished Sq Ft: 2958.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Efficiency: Energy Star Appliances, Double Pane Windows, Dehumidifier, Ceiling Fans
  • Building Stories: 2
  • Year Built: 1997
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 2.97
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2958.0
  • Property Information:Garage: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Seasonal
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Location Information:Fee Frequency Paid: Annually
  • Roads:Private: Yes
  • Exterior:Vinyl Siding: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 14400.0
  • Amenities:Bathtub: Yes
  • Style:Colonial: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Roof:Pitched: Yes
  • Amenities:Attic: Yes
  • Recreational Water:RiverBrookStream: Yes
  • Roads:Dead End: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 184.0
  • Water Info:Water Frontage Owned -: 184.0
  • Site:Wooded: Yes
  • Equipment:Internet Access Available: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Equipment:Cable: Yes
  • Energy Efficiency:Ceiling Fans: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Recreational Water:Waterfront Tidal: Yes
  • Amenities:In-Law Apartment: Yes
  • Location:Near Railroad: Yes
  • Energy Efficiency:Dehumidifier: Yes
  • Energy Efficiency:Energy Star Appliances: Yes
  • Transportation:Rail Available: Yes
  • Building Info:_pound_ Floors3: 2
  • Other Structures:Shed: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Bulkhead, Full, Exterior Entry, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Flooring: Wood, Tile, Carpet
  • Interior Amenities: 1st Floor Bedroom, Attic, Bathtub, In-Law Floorplan, Shower
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Open Lot, Landscaped, Wooded, Intown, Near Shopping, Near Turnpike/Interstate, Neighborhood, Near Railroad
  • Waterfront Features: River
  • Waterfront: Yes
  • Exclusions: none
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck, Screened
  • Roof: Pitched, Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: 1 - 4 Spaces, Paved, Garage Door Opener, Inside Entrance

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: No

Schools

  • Junior High Dist: RSU 21

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 129373.2
  • Parcel #: KENB-000053-000000-000003
  • Zoning: R-2

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 14400.0

Tax Info

  • Tax Annual Amount: 5532.0
  • Tax Block: 0
  • Tax Book Number: 8434
  • Tax Lot: 3
  • Tax Map Number: 53
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 8, 2018
Sold by
Lavertu Curtis M
Bought by
Lavertu Morano Ft
Current Estimated Value
$725,246

Purchase Details

Listed on
May 5, 2016
Closed on
Jul 26, 2016
Sold by
Macdonald Edward L and Macdonald Barbara L
Bought by
Lavertu Curtis M
Seller's Agent
Janice Darling
Bean Group
Buyer's Agent
Janice Darling
Berkshire Hathaway HomeServices Verani Realty
List Price
$385,000
Sold Price
$360,000
Premium/Discount to List
-$25,000
-6.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.87%
Original Mortgage
$353,297
Outstanding Balance
$282,977
Interest Rate
3.6%
Mortgage Type
FHA
Estimated Equity
$442,269
Source: Public Records

Range of Values:

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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
Lavertu Morano Ft -- --
Lavertu Curtis M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lavertu Curtis M $353,297
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2016 07/15/16 Sold $360,000 -6.5% $122 / Sq Ft
05/21/2016 05/21/16 Pending -- -- --
05/05/2016 05/05/16 For Sale $385,000 -- $130 / 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 $8,173 $482,200 $154,600 $327,600
2023 $7,739 $482,200 $154,600 $327,600
2022 $7,040 $482,200 $154,600 $327,600
2021 $6,871 $482,200 $154,600 $327,600
2020 $6,823 $482,200 $154,600 $327,600
2019 $6,630 $482,200 $154,600 $327,600
2018 $6,328 $361,600 $115,900 $245,700
2017 $5,984 $361,600 $115,900 $245,700
2016 $5,749 $361,600 $115,900 $245,700
2015 $5,387 $361,600 $115,900 $245,700
2014 $5,246 $361,600 $115,900 $245,700
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Janice Darling

    Bean Group

See All Agents

Map

Source: Maine Listings

MLS Number: 1262058

Maine Listings

APN: KENB-000053-000000-000003

Maine York County Kennebunk 04043

8 Riverside Place, Kennebunk, ME

This home is located at 8 Riverside Place, Kennebunk, ME 04043 since 05 May 2016 and is currently estimated at $725,246, approximately $245 per square foot. This property was built in 1997. 8 Riverside Place is a home located in York County with nearby schools including Kennebunk High School, School Around Us, and The New School.

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