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Offered at $425,000Pending
beds
3
baths
2
sq ft
1,972
Built
1997

12 Pine Crest Acres Lane

Arundel, ME 04046

About this home

Opportunity is the headline at 12 Pine Crest Acres. Built in 1997 on a full 1.0 +/- acre lot in Arundel, this three-bedroom, one-and-a-half-bath home offers 1,598 finished square feet above grade, plus roughly 400 square feet above the garage ready to finish as a bonus room, office, or studio. The first floor is built for gathering. The kitchen has a bar seating area that opens to an eat-in space for breakfast and casual meals, and the formal dining room can stay formal or become an office or den. An enclosed porch gives you a place for morning coffee out of the wind and the bugs, and the yard is fenced in. Laundry is on the first floor rather than down in the basement. Upstairs, the primary bedroom is generously sized with a walk-in closet. Now the transparency you deserve. Power is on. Water is currently shut off due to freeze damage; a plumber has assessed the system and completed a portion of the repairs, and details of that assessment are available on request. Mold requiring mitigation is present in two places: the sheetrock on the finished half of the basement, and the attic, where it traces back to the bathroom vent fan being improperly ventilated. Written remediation quotes are available for both. Every known issue here is out in the open, which is exactly what makes this such a strong candidate for a purchase-plus-improvements or rehab loan. Financed that way, the work can begin at closing and the home could be move-in ready within a few weeks. Location adds to the value. Kennebunk's Main Street is about 10 minutes away, with 50 Local, Duffy's Tavern, Boulangerie, the Brick Store Museum, Garden Street Bowl, and a Saturday farmers market in its third decade. Dock Square, Kennebunk Beach, Batson River Brewing, and the trails at Rachel Carson National Wildlife Refuge are all about 15 minutes out, and Vinegar Hill Music Theatre is right here in Arundel. I-95 access puts Portland roughly 30 minutes north. Bring your contractor and your imagination!

Listing last checked: Listing updated:

Listed by Listing Agent · Elevate Maine Realty · MLS #1679930

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Details at a glance

Interior5 property facts
Rooms
8
Heating
Propane, Baseboard, Hot Water
Cooling
None
Flooring
Carpet, Linoleum
Fireplaces
0
Building5 property facts
Style
Single Family Residence
Year built
1997
Garage
2
Foundation
Poured Concrete
Roof
Shingle
Land & utilities4 property facts
Lot size
1 acres
Water
Private, Well
Sewer
Private Sewer, Septic Tank
Zoning
DB-1
Financial2 property facts
Annual taxes
$4,166
Assessment year
25

Location

Estimated monthly cost

Explore costs at the $425,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$2,496 / monthAdjust
Principal & interest
$2,149
Property tax
$347
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $4,166. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

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About 12 Pine Crest Acres Lane

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Request a tour of 12 Pine Crest Acres Lane and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.