Seller's Agent in 2023
David Banks
RE/MAX
(207) 773-2345
38 in this area
1,083 Total Sales
Estimated Value: $1,308,000 - $1,781,000
4
Beds
3
Baths
3,540
Sq Ft
$421/Sq Ft
Est. Value
Highlights
- Country Club
- In Ground Pool
- Dining Room with Fireplace
- Mabel I. Wilson School Rated A-
- Cape Cod Architecture
- Wood Flooring
About This Home
As of January 2023One Ledge Road, a classic Cape Cod style home, has the curb appeal, siting, and location that make a property a singular commodity, one that cannot be duplicated. With generous spaces, a gracious layout, and loads of potential for improvement, this is the type of property where one can build a great life for themselves. With water views to Broad Cove, deeded water access, and its own private gunite pool, the property offers excitement inside and out. The current layout features two first floor bedrooms and two second floor bedrooms, along with a second story game room, a stately living room, cozy den, and airy breezeway. In a highly desirable and convenient location on Cumberland Foreside, near award winning schools and various shopping districts, this is one of the very best waterfront enclaves southern Maine has to offer.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $13,524
Year Built
- Built in 1966
Lot Details
- 1.06 Acre Lot
- Corner Lot
- Level Lot
- Open Lot
- Property is zoned LDR
Parking
- 2 Car Direct Access Garage
- Driveway
Home Design
- Cape Cod Architecture
- Concrete Foundation
- Wood Frame Construction
- Shingle Roof
- Composition Roof
- Wood Siding
- Concrete Perimeter Foundation
Interior Spaces
- Wood Burning Fireplace
- Living Room with Fireplace
- Dining Room with Fireplace
- 2 Fireplaces
- Bonus Room
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 4 Bedrooms
- Main Floor Bedroom
- En-Suite Primary Bedroom
- 3 Full Bathrooms
Finished Basement
- Basement Fills Entire Space Under The House
- Partial Basement
- Interior and Exterior Basement Entry
Outdoor Features
- In Ground Pool
- Porch
Location
- Property is near a golf course
Utilities
- No Cooling
- Heating System Uses Oil
- Hot Water Heating System
- Power Generator
- Natural Gas Not Available
Listing and Financial Details
- Tax Lot A29
- Assessor Parcel Number CMBL-000006A-U000000-000029
Community Details
Overview
- No Home Owners Association
Recreation
- Country Club
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 2, 2022
Closed on
Jan 31, 2023
Sold by
Elizabeth M Mullin T
Bought by
Brown Clara E
Seller's Agent
David Banks
RE/MAX By The Bay
Buyer's Agent
John Fitzsimons
Portside Real Estate Group
List Price
$1,295,000
Sold Price
$1,000,000
Premium/Discount to List
-$295,000
-22.78%
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
$490,451
Avg. Annual Appreciation
16.32%
Original Mortgage
$800,000
Outstanding Balance
$775,510
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$714,941
Purchase Details
Closed on
Oct 7, 2022
Sold by
John R Mullin Lt
Bought by
John R Mullin Lt
Purchase Details
Closed on
Jun 9, 2017
Sold by
Barbara K Mullin Ft
Bought by
John R Mullin Lt
Purchase Details
Closed on
Jan 15, 2015
Sold by
Barbara K Mullin Ret
Bought by
Barbara K Mullin Ft
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Brown Clara E | $1,000,000 | None Available | |
| John R Mullin Lt | -- | None Available | |
| John R Mullin Lt | -- | -- | |
| Barbara K Mullin Ft | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Brown Clara E | $800,000 | |
| Previous Owner | Barbara K Mullin Ret | $167,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/31/2023 01/31/23 | Sold | $1,000,000 | -16.3% | $282 / Sq Ft |
| 11/08/2022 11/08/22 | Price Changed | $1,195,000 | -7.7% | $338 / Sq Ft |
| 11/02/2022 11/02/22 | For Sale | $1,295,000 | -- | $366 / 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 | $17,356 | $746,500 | $392,300 | $354,200 |
| 2023 | $14,741 | $665,500 | $392,300 | $273,200 |
| 2022 | $14,109 | $665,500 | $392,300 | $273,200 |
| 2021 | $13,676 | $665,500 | $392,300 | $273,200 |
| 2020 | $13,543 | $665,500 | $392,300 | $273,200 |
| 2019 | $13,135 | $661,700 | $392,300 | $269,400 |
| 2018 | $33,341 | $661,700 | $392,300 | $269,400 |
| 2017 | $12,440 | $661,700 | $392,300 | $269,400 |
| 2016 | $12,076 | $661,700 | $392,300 | $269,400 |
| 2015 | $11,977 | $661,700 | $392,300 | $269,400 |
| 2014 | $11,514 | $661,700 | $392,300 | $269,400 |
| 2013 | $11,249 | $661,700 | $392,300 | $269,400 |
Source: Public Records
Agents Affiliated with this Home
-
David Banks
-
John Fitzsimons
J
Buyer's Agent in 2023
John Fitzsimons
Portside Real Estate Group
(207) 233-8314
4 in this area
202 Total Sales
Map
Source: Maine Listings
MLS Number: 1546921
APN: CMBL-000006A-U000000-000029
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