NOT LISTED FOR SALE

987 Alewive Rd Kennebunk, ME 04043

Estimated Value: $750,000 - $927,000

4 Beds
4.5 Baths
3,913 Sq Ft
$215/Sq Ft Est. Value

Last Sold March 23, 2020

Last sale price $570,000 $146 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $5,037/month

94 Days on Market

Highlights

  • Ocean Front
  • Nearby Water Access
  • Contemporary Architecture
  • Kennebunk High School Rated 9+
  • 4 Acre Lot
  • Wood Flooring

About This Home

As of March 2020

This spectacular, newly renovated Kennebunk home is an absolute MUST SEE. The home is one-of-a-kind and has been renovated with passion that is evident in the unique and elegant style throughout. All new large windows allow the natural light to highlight the space and finishes. The kitchen is the heart of this home; absolutely stunning marble and quartz counters & stainless steel KitchenAid appliances open to the living area with Pella French doors and center wall fireplace. Four bedrooms, 4.5 baths and a walk-out lower level with a second kitchen & living space! Just perfect for your extended family, in-laws or guests. Indoor entertaining can easily flow outdoors to the spacious paved patio, where you will enjoy your peace and privacy with four acres of land. This home offers more than just living space- it offers a lifestyle.

Last Agent to Sell the Property

Janna Syrene

Bean Group Listed on: 02/13/2020

Last Buyer's Agent

Cash Wiseman

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,445

Year Built

  • Built in 1990

Lot Details

  • 4 Acre Lot
  • Ocean Front
  • Rural Setting
  • Landscaped
  • Open Lot
  • Property is zoned RC

Parking

  • 1 Car Garage
  • Driveway

Home Design

  • Contemporary Architecture
  • Concrete Foundation
  • Block Foundation
  • Wood Frame Construction
  • Composition Roof
  • Clap Board Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 1 Fireplace

Kitchen

  • Built-In Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Marble Countertops
  • Quartz Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • In-Law or Guest Suite

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Utilities

  • Central Air
  • Heating System Uses Gas
  • Heat Pump System
  • Baseboard Heating
  • Hot Water Heating System
  • Private Water Source
  • Well
  • Water Heated On Demand
  • Septic System
  • Septic Design Available
  • Private Sewer

Additional Features

  • Nearby Water Access
  • Pasture

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number KENB-000002-000000-000022

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,445

Year Built

Built in 1990

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 4.0
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Just 7 minutes from I95, take route 35, also known as Alewive Road, 4.6 miles to 987 Alewive Road.
  • Above Grade Finished Sq Ft: 2534.0
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Year Built: 1990
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 4.0
  • Property Information:Total Baths: 5.0
  • Property Information:SqFt Finished Above Grade: 2534.0
  • Property Information:SqFt Finished Below Grade: 1379.0
  • Property Information:Garage: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Basement:Walkout Access: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Water Heater:On Demand: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Property Information:Garage Spaces: 1.0
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Cooling:Heat Pump3: Yes
  • Vehicle Storage:_one_ Car: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Cooling:Central Air: Yes
  • Roof:Composition2: Yes
  • Exterior:Clapboard: Yes
  • Foundation Materials:Block3: Yes
  • Appliances Included:Wall Oven: Yes
  • Sewer:Private Sewer: Yes
  • Recreational Water:Nearby: Yes
  • Recreational Water:Oceanfront: Yes
  • Location:Rural: Yes
  • Water:Private2: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Appliances Included:Gas Range: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Sewer:Septic Design Available: Yes
  • Site:PastureField: Yes
  • Kitchen Countertop:Quartz: Yes
  • Amenities:In-Law Apartment: Yes
  • Kitchen Countertop:Marble: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: None

Interior Features

  • Appliances: Washer, Wall Oven, Refrigerator, Microwave, Gas Range, Electric Range, Dryer, Dishwasher
  • Has Basement: Walk-Out Access, Finished, Full, Interior Entry
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1379.0
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: In-Law Floorplan, Primary Bedroom w/Bath
  • Full Basement: Yes

Exterior Features

  • Lot Features: Open Lot, Landscaped, Pasture, Rural
  • Waterfront: No
  • Construction Type: Clapboard, Wood Frame
  • Foundation Details: Block, Concrete Perimeter

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: 5 - 10 Spaces, Paved

Utilities

  • Cooling: Heat Pump, Central Air
  • Cooling Y N: Yes
  • Heating: Hot Water, Heat Pump, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Design Available, Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 174240.0
  • Parcel #: KENB-000002-000000-000022
  • Zoning: RC

Tax Info

  • Tax Annual Amount: 5445.0
  • Tax Book Number: 17347
  • Tax Lot: 22
  • Tax Map Number: 2
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2020
Closed on
Mar 23, 2020
Sold by
Easton Caroline J
Bought by
Farnum Peter and Farnum Abigail
Seller's Agent
Janna Syrene
Bean Group
Buyer's Agent
Cash Wiseman
Coldwell Banker Realty
List Price
$699,000
Sold Price
$570,000
Premium/Discount to List
-$129,000
-18.45%
Current Estimated Value
$843,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$273,235
Avg. Annual Appreciation
7.51%
Original Mortgage
$484,350
Outstanding Balance
$430,005
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$419,997

Purchase Details

Listed on
Jun 22, 2016
Closed on
Sep 2, 2016
Sold by
Siragusa Judith A Est
Bought by
Easton Caroline J
Seller's Agent
Sal Gebbia
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Sal Gebbia
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$235,000
Sold Price
$187,500
Premium/Discount to List
-$47,500
-20.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.66%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Farnum Peter -- None Available
Easton Caroline J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farnum Peter $484,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2020 03/23/20 Sold $570,000 -18.5% $146 / Sq Ft
02/18/2020 02/18/20 Pending -- -- --
11/15/2019 11/15/19 For Sale $699,000 +272.8% $179 / Sq Ft
08/31/2016 08/31/16 Sold $187,500 -20.2% $78 / Sq Ft
08/04/2016 08/04/16 Pending -- -- --
06/22/2016 06/22/16 For Sale $235,000 -- $98 / 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 $6,797 $401,000 $93,800 $307,200
2023 $6,356 $396,000 $93,800 $302,200
2022 $5,782 $396,000 $93,800 $302,200
2021 $5,643 $396,000 $93,800 $302,200
2020 $5,603 $396,000 $93,800 $302,200
2019 $5,445 $396,000 $93,800 $302,200
2018 $4,890 $279,400 $70,300 $209,100
2017 $4,611 $278,600 $70,300 $208,300
2016 $3,827 $240,700 $70,300 $170,400
2015 $3,683 $240,700 $70,300 $170,400
2014 $3,586 $240,700 $70,300 $170,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1439139

Maine Listings

APN: KENB-000002-000000-000022