Seller's Agent in 2024
Adrienne Robinson
Legacy Properties Sotheby's International Realty
(207) 604-2479
14 in this area
50 Total Sales
99 Main St Kennebunk, ME 04043
--
Bed
5.5
Baths
7,477
Sq Ft
1.59
Acres
Highlights
- Public Beach
- Federal Architecture
- Wood Flooring
- 1.59 Acre Lot
- Deck
- 5-minute walk to Parsons Field
About This Home
As of November 2024Don't miss this unique and valuable investment opportunity! The income potential presented by this one of a kind in town property offering a blend of timeless grandeur, three private units with dedicated separate entrances, garage parking and in town walkability to shops, restaurants and the seasonal Farmers Market is a fantastic bonus for potential buyers. Holding a prominent position on Historic Main Street, this antique Federal Style residence was built by Nathaniel Frost in 1799. Private and gracefully hidden up a winding drive opening to meticulously maintained grounds, this oasis has sweeping lawns, apple orchards and lush organic gardens. As the circular drive ends at the 3-bay garage and barn, one is surrounded with the private beauty of the courtyard. A brick and granite path leads to the main house with a covered porch entry to a tiled mudroom revealing the casual elegance and warmth of the home. The main house offers 3 ensuite bedrooms with the primary having a fireplace in the dressing room. The central classic kitchen holds court with leathered granite counters, Lacanche oven and custom appliances, slate farmers sink, walk in pantry, all opening to an amazing bright octagonal sunroom with vaulted wood ceiling, propane heat stove and five sliding glass doors to access the courtyard and deck. The additional two units each have 2 bedrooms and 1 bath with kitchens, dining and living rooms and laundry offering flexibility and income for the discerning buyer. An absolute ''Must See''
Last Agent to Sell the Property
Legacy Properties Sotheby's International Realty Listed on: 04/25/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,300
Year Built
- Built in 1799
Lot Details
- 1.59 Acre Lot
- Public Beach
- Landscaped
- Level Lot
- Open Lot
Parking
- 3 Car Direct Access Garage
- Parking Storage or Cabinetry
- Driveway
Home Design
- 7,477 Sq Ft Home
- Federal Architecture
- Wood Frame Construction
- Shingle Roof
- Clap Board Siding
- Clapboard
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- In-Law or Guest Suite
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Outdoor Features
- Deck
- Patio
Utilities
- Central Air
- Heating System Uses Propane
- Heat Pump System
- Geothermal Heating and Cooling
Additional Features
- Laundry on upper level
- City Lot
- Property Views
Listing and Financial Details
- Tax Lot 78
- Assessor Parcel Number KENB-000046-000000-000078
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- Operating Expense $14,500
- Gross Income $58,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 25, 2024
Closed on
Nov 1, 2024
Sold by
Chappell Katherine C
Bought by
Patch David C and Patch Pamela
Seller's Agent
Adrienne Robinson
Legacy Properties Sotheby's International Realty
Buyer's Agent
JANET ELLIS
Coldwell Banker Realty
List Price
$1,825,000
Sold Price
$1,700,000
Premium/Discount to List
-$125,000
-6.85%
Views
27
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
-$1,300
Avg. Annual Appreciation
-0.12%
Original Mortgage
$1,105,000
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,700,000 | None Available | |
| Warranty Deed | $1,700,000 | None Available | |
| Warranty Deed | $1,700,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,105,000 | Purchase Money Mortgage | |
| Previous Owner | $300,000 | Unknown | |
| Previous Owner | $600,000 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/01/2024 11/01/24 | Sold | $1,700,000 | -4.2% | $227 / Sq Ft |
| 09/17/2024 09/17/24 | Pending | -- | -- | -- |
| 06/12/2024 06/12/24 | Price Changed | $1,775,000 | -2.7% | $237 / Sq Ft |
| 04/25/2024 04/25/24 | For Sale | $1,825,000 | -- | $244 / 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 | $16,803 | $991,300 | $122,300 | $869,000 |
| 2023 | $15,300 | $953,300 | $122,300 | $831,000 |
| 2022 | $13,918 | $953,300 | $122,300 | $831,000 |
| 2021 | $13,585 | $953,300 | $122,300 | $831,000 |
| 2020 | $13,489 | $953,300 | $122,300 | $831,000 |
| 2019 | $0 | $953,300 | $122,300 | $831,000 |
| 2018 | $12,513 | $715,000 | $91,700 | $623,300 |
| 2017 | $11,833 | $715,000 | $91,700 | $623,300 |
| 2016 | $11,369 | $715,000 | $91,700 | $623,300 |
| 2015 | $10,794 | $715,000 | $91,700 | $623,300 |
| 2014 | $10,512 | $715,000 | $91,700 | $623,300 |
Source: Public Records
Agents Affiliated with this Home
-
Adrienne Robinson
-
M Elaine Prendergast
M
Seller Co-Listing Agent in 2024
M Elaine Prendergast
Legacy Properties Sotheby's International Realty
(207) 604-0449
10 in this area
41 Total Sales
-
JANET ELLIS
J
Buyer's Agent in 2024
JANET ELLIS
Coldwell Banker Realty
(207) 432-8053
1 in this area
5 Total Sales
Map
Source: Maine Listings
MLS Number: 1587422
APN: KENB-000046-000000-000078
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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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