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340 Ocean House Road

340 Ocean House Road, Cape Elizabeth, ME 04107
Property in Cape Elizabeth
Sold May 15, 2015
$4,198,500
$5,988,515 by Jpmorgan Chase Bank Na
Mortgage Due Dec 01, 2052
Sold Sep 25, 2013
$3,250,000
$2,600,000 by Saco & Biddeford Savs
Mortgage
Local assessors in Cape Elizabeth, ME have categorized 340 Ocean House Road as a residential type of property. The property's lot size has been calculated to be 1,681,416 square feet.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 340 Ocean House Road sold most recently in Jan 1, 1970 for a total of $4,198,500. Before that, the property was also sold for $3,250,000 in Jan 1, 1970. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $69,787 in taxes each year. 340 Ocean House Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $3,299,600. If we break it down further, the land itself was valued at $1,758,500. Improvements to the property, however, were assessed at a total of $1,541,100. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,681,416
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HIDDEN COURT MINOR SUB
  • Land Acres: 38.6
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : JASON W SCHOCH RET
  • Previous Owner : HIDDEN COURT LLC
  • Owner Before Previous Owner: RUDOLF F HAFFENREFFER T
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Cape Elizabeth
  • School Tax School District: CAPE ELIZBTH PS
  • Census Tract: 003701

Zoning

  • Zoning: RA

Geography

  • Account Number: H0038R
  • Parcel: CAPE R02004001000
  • Municipality: CAPE ELIZABETH
  • Latitude: 43.5929
  • Longitude: -70.2229

    Address

  • Full Address: 340 Ocean House Rd
  • Address - House Number: 340
  • Address - Street Name: Ocean House
  • Address - Suffix Type: Rd
  • State: ME
  • City Name: Cape Elizabeth
  • Carrier Code: C097
  • 4-Digit Zip Code: 2419
  • Zip Code: 04107

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $69,787

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $5,988,515
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Nov 21, 2022
  • First Open Lien Mortgage Loan Amount: $5,988,515
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2052

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $3,299,600
  • Assessed Land Value: $1,758,500
  • Assessed Improvements Value: $1,541,100

    Sales

  • Current Sale Recording Date: May 15, 2015
  • Current Sale Transaction ID: 1226664191
  • Current Sale Price: $4,198,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 000000021624
  • Previous Sale Recording Date: Sep 25, 2013
  • Previous Sale Amount: $3,250,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SACO & BIDDEFORD SAVS
  • First Mortgage Transaction Date: May 15, 2015
  • First Mortgage Loan Amount: $3,358,762
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: May 15, 2045

    Financing

  • First Mortgage Financing Type: Unknown

    Previous Mortgages

  • Previous Mortgage Lender: SACO & BIDDEFORD SAVS
  • Previous Mortgage Transaction Date: Sep 25, 2013
  • Previous Mortgage Loan Amount: $2,600,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Cumberland



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 340 Ocean House Road located in?
The 340 Ocean House Road is a located in the neighborhood of Cape Elizabeth in Cumberland, Cape Elizabeth.
What is the average sales price for listings in 340 Ocean House Road?
The average sales price for units in 340 Ocean House Road is $0 currently.

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