NOT LISTED FOR SALE

974 Shore Rd Cape Elizabeth, ME 04107

Estimated Value: $464,000 - $1,194,000

12 Beds
4 Baths
1,440 Sq Ft
$635/Sq Ft Est. Value

Last Sold June 29, 2020

Last sale price $695,000 $483 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $5,826/month

4 Days on Market

Highlights

  • Beach Access
  • Public Beach
  • Colonial Architecture
  • Pond Cove Elementary School Rated A
  • Country Club
  • Deck

About This Home

As of June 2020

Looking for your great Maine escape? Rarely does one find a 2-unit property that comes on the market in Cape Elizabeth especially one with rights to Casino Beach. Just steps to Fort Williams and Portland Headlight 974 Shore Road is convenient to Purpoodock Golf Club, Portland's Old Port, Jetport, and a host of beaches. Each 3 bedroom/1 ½ bath unit is about 1400 square feet with hardwood flooring throughout, separate heating/electrical systems and lovely shared fenced in back yard. Ideal space for someone looking to live in one unit and rent out the other or just have a space for family and friends to come visit Surely won't stay on the market long. Property has been Pre-Inspected for buyers knowledge and convenience.
Owner occupied – 1st unit. Second unit vacant, previously rented to family member for $1,500, below market rate.

Last Agent to Sell the Property

The Marc Gup

Keller Williams Realty Listed on: 05/13/2020

Keller Williams Realty

Last Buyer's Agent

NON-MREIS AGENT

Non MREIS Agency

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,894

Year Built

  • Built in 1938

Lot Details

  • 9,583 Sq Ft Lot
  • Public Beach
  • Fenced
  • Landscaped
  • Corner Lot
  • Level Lot
  • Open Lot

HOA Fees

  • $3 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Driveway
  • Off-Street Parking

Home Design

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

Interior Spaces

  • 1,440 Sq Ft Home
  • 1 Fireplace
  • Double Pane Windows
  • Storm Doors
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Bathtub

Unfinished Basement

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

Outdoor Features

  • Beach Access
  • Nearby Water Access
  • Deck

Location

  • Property is near a golf course

Utilities

  • No Cooling
  • Forced Air Zoned Heating System
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Gas Water Heater
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 65
  • Assessor Parcel Number CAPE-005065U

Community Details

Overview

  • 2 Units

Amenities

  • Community Storage Space

Recreation

  • Country Club

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,894

Year Built

Built in 1938

Lot Details

0

HOA Fees

$3 per month

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.22
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Shore Road to the corner of Surf Road (near Casino Beach)
  • Above Grade Finished Sq Ft: 1440.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Efficiency: Storm Doors, Double Pane Windows
  • Year Built: 1938
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.22
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 1440.0
  • Property Information:Garage: Yes
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Gas: Yes
  • Amenities:Fence: Yes
  • Amenities:Storage: Yes
  • Location Information:Association Fee: 40.0
  • Location Information:Fee Frequency Paid: Annually
  • Property Information:Garage Spaces: 1.0
  • Gas:Natural - On Site: Yes
  • Amenities:Laundry - Hookup: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 2
  • Heat System:Multi-Zones: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Style:Colonial: Yes
  • Building Info:_pound_ Fireplaces3: 1
  • Recreational Water:Nearby: Yes
  • Equipment:Cable: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Location:Near Country Club: Yes
  • Utility Info Electric On Site: Yes
  • Recreational Water:Beach Rights: Yes
  • Energy Efficiency:Storm Doors: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Bulkhead, Full, Exterior Entry, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood, Vinyl, Tile
  • Interior Amenities: Bathtub, Storage
  • Full Basement: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Corner Lot, Level, Open Lot, Landscaped, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Shingle Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: 1 - 4 Spaces, Paved, Detached, Off Street

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Forced Air, Baseboard
  • Heating Yn: Yes
  • Electric: On Site, Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 40.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9583.2
  • Parcel #: CAPE-005065U
  • Zoning: RC

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 7894.0
  • Tax Book Number: 28437
  • Tax Lot: 65
  • Tax Map Number: U05
  • Tax Year: 2019

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Grady Carver R $400,000
Closed Carver Vaughn F $131,500
Closed Grady-Carver Ruth $90,000
Closed Carver Vaughn F $235,000
Closed Carver Ruth G $38,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2020 06/29/20 Sold $695,000 +2.2% $483 / Sq Ft
05/18/2020 05/18/20 Pending -- -- --
05/13/2020 05/13/20 For Sale $679,900 -- $472 / 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 $11,647 $1,058,800 $481,900 $576,900
2023 $23,654 $1,058,800 $481,900 $576,900
2022 $8,483 $401,100 $237,600 $163,500
2021 $8,126 $401,100 $237,600 $163,500
2020 $7,990 $401,100 $237,600 $163,500
2019 $7,894 $401,100 $237,600 $163,500
2018 $7,629 $401,100 $237,600 $163,500
2017 $7,220 $401,100 $237,600 $163,500
2016 $7,035 $401,100 $237,600 $163,500
2015 $6,771 $401,100 $237,600 $163,500
2013 $6,530 $401,100 $237,600 $163,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1452066

Maine Listings

APN: CAPE-005065U