Seller's Agent in 2024
Rebecca Bassett
Portside Real Estate Group
(207) 251-1995
68 in this area
167 Total Sales
8 Running Brook Way Kennebunk, ME 04043
Estimated Value: $611,000 - $1,201,000
5
Beds
3.5
Baths
3,640
Sq Ft
$259/Sq Ft
Est. Value
Highlights
- Nearby Water Access
- Public Beach
- Finished Room Over Garage
- Kennebunk High School Rated 9+
- Spa
- View of Trees or Woods
About This Home
As of August 2024Ideally located within walking distance to downtown Kennebunk, this property embodies a calm, coastal aesthetic designed for living well.
The main living spaces showcase custom cabinetry, designer lighting, all-natural stone surfaces, and a cozy gas fireplace. Enjoy the warmth and elegance of wood flooring throughout, complemented by custom built-ins thoughtfully designed to maximize space and enhance functionality. The Sonos Sound System installed throughout the first level enhances the entertainment experience.
The main house includes four spacious bedrooms and 2.5 updated bathrooms, each stylish and functional with modern fixtures and finishes. Each bedroom offers ample space with custom closets, providing plenty of storage and organization.
The lower level of the main house has been partially finished, offering additional versatile living space. This area includes a family room, perfect for relaxation and gatherings, and a workout room, ideal for maintaining an active lifestyle.
A standout feature is the studio over the garage, which offers an additional bedroom and a full bath with a separate entrance. This versatile space provides potential for rental income, an in-law apartment, a private office, or a bonus area. The home boasts a strong seasonal rental history, with the main house generating $700 per night seasonally, and the studio apartment renting for $1,100 monthly year-round.
Outdoor living is a highlight of this home, with a large deck perfect for entertaining, an outdoor shower for post-beach rinses, a cozy fire pit for cool evenings, and a playset for children. The landscaped private yard also includes an irrigation system, ensuring the lush surroundings remain vibrant.
Situated at the end of a dead-end private way, this home offers a tranquil retreat while being close to town. Schedule a viewing today and experience the best of Kennebunk living, beautifully.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,901
Year Built
- Built in 2016
Lot Details
- 0.49 Acre Lot
- Property fronts a private road
- Public Beach
- Street terminates at a dead end
- Landscaped
- Level Lot
- Irrigation
- Wooded Lot
- Property is zoned Village Residential
Parking
- 2 Car Direct Access Garage
- Finished Room Over Garage
- Automatic Garage Door Opener
- Garage Door Opener
- Driveway
Home Design
- Colonial Architecture
- Concrete Foundation
- Wood Frame Construction
- Composition Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- Built-In Features
- Gas Fireplace
- Family Room
- Living Room
- Formal Dining Room
- Bonus Room
- Home Gym
- Views of Woods
Kitchen
- Breakfast Area or Nook
- Gas Range
- Microwave
- ENERGY STAR Qualified Appliances
- Kitchen Island
- Granite Countertops
Flooring
- Wood
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary bedroom located on second floor
- En-Suite Primary Bedroom
- In-Law or Guest Suite
- Soaking Tub and Shower Combination in Primary Bathroom
- Soaking Tub
Laundry
- Laundry on main level
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Sump Pump
Outdoor Features
- Spa
- Nearby Water Access
- Deck
- Patio
Location
- Property is near a golf course
Utilities
- Dehumidifier
- Heating System Uses Propane
- Heat Pump System
- Baseboard Heating
- Hot Water Heating System
- Programmable Thermostat
- High-Efficiency Water Heater
- Septic System
- Septic Design Available
- Satellite Dish
- Cable TV Available
Community Details
- No Home Owners Association
- Community Storage Space
Listing and Financial Details
- Tax Lot 19
- Assessor Parcel Number KENB-000053-000000-000019
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 17, 2024
Closed on
Aug 30, 2024
Sold by
Talmage Andrea M
Bought by
Spang Thomas and Spang Sara
Seller's Agent
Rebecca Bassett
Portside Real Estate Group
Buyer's Agent
Michael Thomas
Keller Williams Realty
List Price
$1,295,000
Sold Price
$1,150,000
Premium/Discount to List
-$145,000
-11.2%
Views
33
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$206,485
Avg. Annual Appreciation
-16.47%
Original Mortgage
$650,000
Outstanding Balance
$643,112
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$300,403
Purchase Details
Listed on
Jul 17, 2024
Closed on
Aug 29, 2024
Sold by
Talmage Eben Z Est and Talmage
Bought by
Spang Thomas and Spang Sara
Seller's Agent
Rebecca Bassett
Portside Real Estate Group
Buyer's Agent
Michael Thomas
Keller Williams Realty
List Price
$1,295,000
Sold Price
$1,150,000
Premium/Discount to List
-$145,000
-11.2%
Views
33
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Outstanding Balance
$643,112
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$300,403
Purchase Details
Closed on
Oct 6, 2010
Sold by
Stein Lois A
Bought by
Keegan & Lord Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Spang Thomas | $575,000 | None Available | |
| Spang Thomas | $575,000 | None Available | |
| Spang Thomas | $575,000 | None Available | |
| Spang Thomas | $575,000 | None Available | |
| Keegan & Lord Llc | $46,800 | -- | |
| Keegan & Lord Llc | $46,800 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Spang Thomas | $650,000 | |
| Closed | Spang Thomas | $650,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/30/2024 08/30/24 | Sold | $1,150,000 | -11.2% | $316 / Sq Ft |
| 08/02/2024 08/02/24 | Pending | -- | -- | -- |
| 07/17/2024 07/17/24 | For Sale | $1,295,000 | -- | $356 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $8,680 | $512,100 | $87,200 | $424,900 |
| 2023 | $8,219 | $512,100 | $87,200 | $424,900 |
| 2022 | $7,477 | $512,100 | $87,200 | $424,900 |
| 2021 | $6,941 | $512,100 | $87,200 | $424,900 |
| 2020 | $6,892 | $512,100 | $87,200 | $424,900 |
| 2019 | $7,041 | $512,100 | $87,200 | $424,900 |
| 2018 | $6,722 | $384,100 | $65,400 | $318,700 |
| 2017 | $9,981 | $213,000 | $65,400 | $147,600 |
| 2016 | $9,876 | $155,300 | $69,500 | $85,800 |
| 2015 | $1,063 | $69,500 | $69,500 | $0 |
| 2014 | $1,036 | $69,500 | $69,500 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Rebecca Bassett
-
Grainne Archer
G
Seller Co-Listing Agent in 2024
Grainne Archer
Portside Real Estate Group
(207) 204-0465
67 in this area
156 Total Sales
-
Michael Thomas
Buyer's Agent in 2024
Michael Thomas
Keller Williams Realty
(207) 710-8290
9 in this area
131 Total Sales
Map
Source: Maine Listings
MLS Number: 1595844
APN: KENB-000053-000000-000019
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.
Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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