NOT LISTED FOR SALE

Estimated Value: $2,785,458 - $3,083,000

3 Beds
3.5 Baths
3,609 Sq Ft
$820/Sq Ft Est. Value

Last Sold November 07, 2024

Last sale price $3,000,000 $831 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $17,910/month

4 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Waterfront
  • Cape Cod Architecture
  • Horace Mitchell Primary School Rated A-
  • 1.2 Acre Lot
  • Multiple Fireplaces

About This Home

As of November 2024

The Sea is calling...A rare opportunity to own an oceanfront home on Gerrish Island with sprawling ocean views. This incredible home embraces a casually elegant lifestyle. Original moldings and flooring, second floor additions with natural woodwork, brick fireplaces, and a stunning cherry staircase, brings this shingle-style home into the 21st century. An expansive first floor features a large eat-in kitchen, multiple living spaces, and a primary suite – all with bold ocean views capturing the Isles of Shoals, Nubble and Boon lighthouses. The ocean frontage features boulders and ledges, and there is access to Crescent and Seapoint beaches, via a right of way, a short walk from the property. Three bedrooms in total all with ensuite baths. The 3600+ finished square feet features multiple living areas for private spaces as well as large gatherings. Well maintained and beautifully cared for, the home has new appliances, HVAC systems, whole house generator, gas fireplace, lighting system controls, stone patio, stone walls, and mature landscaping on an water front 1.2 acre lot. A wonderful place to relax, enjoy the sights and sounds of the ocean, bike or walk around the island and throughout Kittery Point. This home offers the best in life within an amazing community consisting of both part-time and year-round homeowners. One hour to Portland, Boston, Logan Airport, and minutes from the thriving community of Portsmouth, NH.

Last Agent to Sell the Property

Mary Jean Labbe

Great Island Realty LLC License #068689 Listed on: 09/19/2024

Co-Listed By

Danielle Deejay Bodoh

Great Island Realty LLC License #066212

Last Buyer's Agent

Jocelyn Chavez

KW Coastal and Lakes & Mountains Realty License #064492

KW Coastal and Lakes & Mountains Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,961

Year Built

  • Built in 1938

Lot Details

  • 1.2 Acre Lot
  • Waterfront
  • Property fronts a private road
  • Lot Sloped Up
  • Property is zoned R-RC

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Cedar Siding

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Multiple Fireplaces
  • Gas Fireplace
  • Blinds
  • Combination Kitchen and Dining Room
  • Water Views
  • Unfinished Basement
  • Interior Basement Entry
  • Laundry on main level

Kitchen

  • Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Outdoor Features

  • Deeded Waterfront Access Rights
  • Patio

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Private Water Source
  • Septic Tank
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 62

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,961

Year Built

Built in 1938

Lot Details

0

HOA Fees

$29 per month

Parking

2

Listing Details

  • Status Detail: Closed
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 831.26
  • Property Class: Residential
  • Property Type: Single Family
  • Year Built: 1938
  • Remarks Public: The Sea is calling...A rare opportunity to own an oceanfront home on Gerrish Island with sprawling ocean views. This incredible home embraces a casually elegant lifestyle. Original moldings and flooring, second floor additions with natural woodwork, brick fireplaces, and a stunning cherry staircase, brings this shingle-style home into the 21st century. An expansive first floor features a large eat-in kitchen, multiple living spaces, and a primary suite – all with bold ocean views capturing the Isles of Shoals, Nubble and Boon lighthouses. The ocean frontage features boulders and ledges, and there is access to Crescent and Seapoint beaches, via a right of way, a short walk from the property. Three bedrooms in total all with ensuite baths. The 3600+ finished square feet features multiple living areas for private spaces as well as large gatherings. Well maintained and beautifully cared for, the home has new appliances, HVAC systems, whole house generator, gas fireplace, lighting system controls, stone patio, stone walls, and mature landscaping on an water front 1.2 acre lot. A wonderful place to relax, enjoy the sights and sounds of the ocean, bike or walk around the island and throughout Kittery Point. This home offers the best in life within an amazing community consisting of both part-time and year-round homeowners. One hour to Portland, Boston, Logan Airport, and minutes from the thriving community of Portsmouth, NH.
  • List Agent: 23322
  • Display On Internet: High Speed Intrnt -Avail
  • Architectural Style: Cape
  • ResoLotFeatures: Landscaped, Waterfront
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Cooktop - Electric, Dishwasher, Microwave, Oven - Wall, Refrigerator
  • Features Interior: Blinds, Ceiling Fan, Dining Area, Fireplace - Gas, Fireplaces - 2, Kitchen Island, Kitchen/Dining, Primary BR w/ BA, Natural Light, Vaulted Ceiling, Walk-in Closet, Laundry - 1st Floor
  • Total Bedrooms: 3
  • Flooring: Carpet, Hardwood, Tile
  • Total Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Unfinished
  • Level 1: Level 1: Dining Room, Level 1: Kitchen, Level 1: Living Room, Level 1: Office/Study
  • Level 2: Level 2: Bedroom, Level 2: Family Room
  • Room 1: Kitchen, 14'10" x 13'11", On Level: 1
  • Room 2: Dining Room, 19'5" x 17'4", On Level: 1
  • Room 3: Dining Room, 19'4" x 19'6", On Level: 1
  • Room 4: Living Room, 19'2" x 19'4", On Level: 1
  • Room 5: 1, 17'1" x 19'4"
  • Room 6: Office/Study, 14'7" x 9'7", On Level: 1
  • Room 7: Bedroom with Bath, 23'9" x 18'10", On Level: 2
  • Room 8: Bedroom, 14'4" x 19'1", On Level: 2
  • Room 9: Family Room, 19'1" x 16'6", On Level: 2
  • Sq Ft - Apx Finished AG: 3609
  • Sq Ft - Apx Total: 6018
  • Sq Ft - Apx Total Finished: 3609
  • Sq Ft - Apx Unfinished BG: 2409

Exterior Features

  • Driveway: Paved
  • Foundation: Block
  • Road Frontage: TBD
  • Roads: Private
  • Roof: Shingle - Architectural
  • Easements: Unknown
  • Features Exterior: Patio
  • Water Body Access: Yes
  • Water Body Type: Ocean
  • Water Access Details: Other
  • Water Body Name 2: Atlantic Ocean
  • Waterfront: Yes
  • Waterfront Rights: Exclusively Owned
  • Water View: Yes
  • Construction Type: Wood Frame, Cedar Exterior

Garage/Parking

  • Garage Capacity: 2
  • Garage: Yes

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Septic
  • Heating Fuel: Gas - LP/Bottle
  • Heating: Forced Air
  • Cooling: Central AC
  • Water Source: Other, Private

Condo/Co-op/Association

  • HOA Fee Frequency: Yearly
  • Fee: 350

Lot Info

  • Map: 58
  • Lot: 62
  • Lot Sq Ft: 52272
  • Lot Acres: 1.2
  • Zoning: R-RC
  • Deed Book: 16664
  • Deed Page: 660
  • Deed Recorded Type: Trust

Tax Info

  • Tax Gross Amount: 24961
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2024
Closed on
Nov 7, 2024
Sold by
Atkins Jeannine
Bought by
Loverud Andrew and Loverud Laura
Seller's Agent
Mary Jean Labbe
Great Island Realty LLC
Buyer's Agent
Jocelyn Chavez
KW Coastal and Lakes & Mountains Realty
List Price
$2,995,000
Sold Price
$3,000,000
Premium/Discount to List
$5,000
0.17%
Total Days on Market
4
Views
1
Current Estimated Value
$2,960,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$39,514
Avg. Annual Appreciation
-2.15%
Source: Public Records

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
Loverud Andrew $3,000,000 None Available
Loverud Andrew $3,000,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bedford Carolyn S $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2024 11/07/24 Sold $3,000,000 +0.2% $831 / Sq Ft
09/23/2024 09/23/24 Pending -- -- --
09/19/2024 09/19/24 For Sale $2,995,000 -- $830 / Sq Ft
Source: PrimeMLS

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 $26,043 $1,834,000 $1,269,200 $564,800
2023 $24,961 $1,834,000 $1,269,200 $564,800
2022 $24,664 $1,829,700 $1,269,200 $560,500
2021 $23,786 $1,829,700 $1,269,200 $560,500
2020 $23,603 $1,829,700 $1,269,200 $560,500
2019 $24,524 $1,409,400 $981,300 $428,100
2018 $1,047 $1,409,400 $981,300 $428,100
2017 $23,255 $1,409,400 $981,300 $428,100
2016 $951 $1,413,000 $981,300 $431,700
2015 $22,085 $1,409,400 $981,300 $428,100
2014 $21,874 $1,409,400 $981,300 $428,100
2013 $21,300 $1,399,500 $981,300 $418,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 5014991

PrimeMLS

APN: KITT-000058-000000-000062