NOT LISTED FOR SALE

888 Princes Point Rd Yarmouth, ME 04096

Estimated Value: $1,123,341 - $1,434,000

4 Beds
3 Baths
4,000 Sq Ft
$317/Sq Ft Est. Value

Last Sold July 25, 2022

Last sale price $875,000 $219 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $7,911/month

10 Days on Market

Highlights

  • Docks
  • Nearby Water Access
  • Property Fronts a Bay or Harbor
  • William H. Rowe School Rated A-
  • Public Beach
  • Deck

About This Home

As of July 2022

A one of a kind three story home on a large double lot on Princes Point, with membership opportunities to the nearby association deepwater dock. This home is being offered to the public for the very first time. Used as a gathering place for generations, the home is well suited for year-round living, with 4 propane fireplaces and a high efficiency propane boiler. Ample space across three floors is perfect for guests and visitors, with a full bathroom on each floor and a kitchenette on the first floor complementing the large cherry kitchen on the second level. Wonderful woodworking and exquisite details are found at every turn. Well loved and cared for over the decades, this home represents a unique opportunity to create your own legacy on the shores of Casco Bay.

Last Agent to Sell the Property

David Banks

RE/MAX By The Bay Listed on: 06/15/2022

RE/MAX By The Bay

Last Buyer's Agent

Peter Molloy

Berkshire Hathaway HomeServices Northeast Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,153

Year Built

  • Built in 1986

Lot Details

  • 0.39 Acre Lot
  • Property Fronts a Bay or Harbor
  • Public Beach
  • Level Lot
  • Open Lot
  • Property is zoned LDR

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Gravel Driveway

Home Design

  • Contemporary Architecture
  • Concrete Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,000 Sq Ft Home
  • Central Vacuum
  • 4 Fireplaces
  • Gas Fireplace
  • Living Room
  • Eat-In Kitchen

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary bedroom located on third floor
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Outdoor Features

  • Nearby Water Access
  • Docks
  • Deck

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Water Heated On Demand

Community Details

  • Princes Point Association Subdivision

Listing and Financial Details

  • Tax Lot 017
  • Assessor Parcel Number YMTH-000024-000000-000017

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,153

Year Built

Built in 1986

Lot Details

0

HOA Fees

$42 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.39
  • Road Surface Type: Paved
  • Water Body Name: Casco Bay
  • MLS Status: Closed
  • Subdivision Name: Princes Point Association
  • Directions: Route 88 north to Princes Point Road to #888.
  • Above Grade Finished Sq Ft: 4000.0
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Year Built: 1986
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 231.25
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.39
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 4000.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Seasonal
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Water Heater:On Demand: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Location Information:Association Fee: 500.0
  • Location Information:Fee Frequency Paid: Annually
  • Property Information:Garage Spaces: 2.0
  • Vehicle Storage:Auto Door Opener: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Full Bath7: Yes
  • Room Features:Eat-in Kitchen2: Yes
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Recreational Water:Nearby: Yes
  • Basement:Slab2: Yes
  • Driveway:Gravel: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Recreational Water:Dock: Yes
  • Equipment:Central Vacuum: Yes
  • Sewer:Quasi-Public: Yes
  • Living Room Amenities:Gas Fireplace5: Yes
  • Room Features:Gas Fireplace29: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 4
  • Advertising Remarks:Advertising Remarks: A one of a kind three story home on a large double lot on Princes Point, with membership opportunities to the nearby association deepwater dock. This home is being offered to the public for the very first time. Used as a gathering place for generations, the home is well suited for year-round living, with 4 propane fireplaces and a high efficiency propane boiler. Ample space across three floors is perfect for guests and visitors, with a full bathroom on each floor and a kitchenette on the first floor complementing the large cherry kitchen on the second level. Wonderful woodworking and exquisite details are found at every turn. Well loved and cared for over the decades, this home represents a unique opportunity to create your own legacy on the shores of Casco Bay.
  • Special Features: None

Interior Features

  • Has Basement: Not Applicable
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplaces: 4
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Bedroom, Primary Bedroom w/Bath
  • Bedroom 2 Level: Third
  • Bedroom 3 Level: Third
  • Bedroom 4 Bedroom 4 Level: First
  • Kitchen Kitchen Level: Second
  • Living Room Living Room Level: Second
  • Primary Bedroom Primary Bedroom Level: Third

Exterior Features

  • Lot Features: Level, Open Lot, Near Public Beach, Neighborhood
  • Waterfront Features: Bay
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Concrete Perimeter, Slab
  • 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, Gravel, Garage Door Opener, Inside Entrance

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Quasi-Public
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 500.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 16988.4
  • Parcel #: YMTH-000024-000000-000017
  • Zoning: LDR

Tax Info

  • Tax Annual Amount: 11153.0
  • Tax Lot: 017
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2022
Closed on
Jul 21, 2022
Sold by
Princess Pt Woodlot T
Bought by
Henninger Heidi L and Henninger Thomas C
Seller's Agent
David Banks
RE/MAX By The Bay
Buyer's Agent
Peter Molloy
Berkshire Hathaway HomeServices Northeast Real Estate
List Price
$925,000
Sold Price
$875,000
Premium/Discount to List
-$50,000
-5.41%
Current Estimated Value
$1,266,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$391,335
Avg. Annual Appreciation
11.59%
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
Henninger Heidi L -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2022 07/25/22 Sold $875,000 -5.4% $219 / Sq Ft
06/26/2022 06/26/22 Pending -- -- --
06/15/2022 06/15/22 For Sale $925,000 -- $231 / 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 $14,498 $564,800 $256,600 $308,200
2023 $13,260 $563,300 $256,600 $306,700
2022 $12,179 $563,300 $256,600 $306,700
2021 $11,153 $563,300 $256,600 $306,700
2020 $11,041 $563,300 $256,600 $306,700
2019 $376 $563,300 $256,600 $306,700
2018 $2,325 $563,300 $256,600 $306,700
2017 $9,666 $563,300 $256,600 $306,700
2016 $9,610 $563,300 $256,600 $306,700
2015 $7,552 $350,300 $166,700 $183,600
2014 $7,566 $350,300 $166,700 $183,600
2013 $7,707 $350,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • David Banks

    Seller's Agent in 2022

    David Banks

    RE/MAX

    (207) 773-2345

    58 in this area

    1,017 Total Sales

    David Banks
    Section Image

  • P

    Buyer's Agent in 2022

    Peter Molloy

    Berkshire Hathaway HomeServices Northeast Real Estate

See All Agents

Map

Source: Maine Listings

MLS Number: 1532543

Maine Listings

APN: YMTH-000024-000000-000017

Maine Cumberland County Yarmouth 04096

888 Princes Point Rd, Yarmouth, ME

Not Listed for Sale

Detached

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