NOT LISTED FOR SALE

Estimated Value: $1,259,000 - $1,500,000

3 Beds
4.5 Baths
3,396 Sq Ft
$403/Sq Ft Est. Value

Last Sold August 31, 2021

Last sale price $1,015,000 $299 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $8,304/month

38 Days on Market

Highlights

  • Ocean Front
  • Nearby Water Access
  • Deck
  • Mabel I. Wilson School Rated A-
  • Public Beach
  • Ranch Style House

About This Home

As of August 2021

Welcome home to 1 Stornoway Road on the Cumberland Foreside. An elegant curio to when neighborhoods were laid out for privacy and space, this home sits atop the neighborhood on a flat 1.15 acres with terrific views of Casco Bay. Single level living is accented with 2 primary suites separated by a 3rd bedroom and full bath. Hardwood floors connect the main living area where the ocean view can be enjoyed from kitchen, dining, living and primary bedroom. The dry finished basement offers a large family room, 4th bedroom or guest quarters with full bath, office and an unfinished space for gym or workshop. You need to see this house to appreciate how much space there is to make your own. The over-sized yards make room for soccer, lawn games and gardens. The property is serviced with town sewer and water, but also has a private well. These owners have maintained this home with the diligence and care that was put into it when it was first built. Among the local tradesman who have built, maintained and conditioned this home are the respected names Robert Walker, Dale Bragg and Charlie Burnham, so there is no question you are buying quality, while still having the chance to put your own aesthetic on the kitchen and bathrooms.
Enjoy living on historic Old Foreside Road, among the famed tree lined stone walls that serve as the anchor for this yachter's paradise. This home is 7 miles from the Old Port and sweetly positioned between the Falmouth Town Landing and Cumberland's Broad Cove Beach. Grab your kayak, SUP or Whaler just in time for summer fun on Casco Bay. Or just relax, and set your clock to the ferries passing by Chandler's Cove on Chebeague Island. And at night you're perfectly situated for star-gazing. Enjoy peaceful, safe and easy living on the Foreside.

Last Agent to Sell the Property

Christopher Davis

Vitalius Real Estate Group, LLC Listed on: 05/31/2021

Last Buyer's Agent

Brent Sawyer

Regency Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,296

Year Built

  • Built in 1963

Lot Details

  • 1.14 Acre Lot
  • Ocean Front
  • Public Beach
  • Corner Lot
  • Level Lot
  • Property is zoned LDR

Parking

  • 2 Car Direct Access Garage
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Driveway

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Central Vacuum
  • 2 Fireplaces
  • Family Room
  • Living Room
  • Water Views

Kitchen

  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • Bathtub

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Outdoor Features

  • Nearby Water Access
  • Deck
  • Patio
  • Shed

Utilities

  • No Cooling
  • Zoned Heating
  • Radiator
  • Heating System Uses Oil
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 59
  • Assessor Parcel Number CMBL-000001-U000000-000059

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,296

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.14
  • Water Body Name: Casco Bay
  • MLS Status: Closed
  • Subdivision Name: No
  • Directions: GPS Friendly. When driving north on beautiful Route 88, Stornoway will be on your right, 8 streets after TOWN LANDING MARKET. It is the first house when you turn on Stornoway. Look for sign.
  • Above Grade Finished Sq Ft: 2396.0
  • Architectural Style: Ranch, Shingle Style
  • Garage Yn: Yes
  • Year Built: 1963
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.14
  • Property Information:Total Baths: 5.0
  • Property Information:SqFt Finished Above Grade: 2396.0
  • Property Information:SqFt Finished Below Grade: 1000.0
  • Property Information:Garage: Yes
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Property Information:Garage Spaces: 2.0
  • Water Heater:Electric2: Yes
  • Amenities:One-Floor Living: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Living Room:Living Room: Yes
  • Style:Ranch: Yes
  • Heat System:Multi-Zones: Yes
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Bedroom 1 Amenities:Full Bath: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Parking:Paved3: Yes
  • Recreational Water:Nearby: Yes
  • Family Room:Family Room: Yes
  • Appliances Included:Gas Range: Yes
  • Water:Well Existing on Site: Yes
  • Heat System:Radiator: Yes
  • Laundry Room:Laundry Room: Yes
  • Bedroom Amenities 2:Full Bath2: Yes
  • Style:Shingle Style: Yes
  • Equipment:Central Vacuum: Yes
  • Other Structures:Shed: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 2
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Gas Range, Dryer, Dishwasher
  • Has Basement: Bulkhead, Finished, Full, Exterior Entry
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1000.0
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Primary Bedroom w/Bath, Bathtub, One-Floor Living
  • Full Basement: Yes
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First
  • Laundry Room Laundry Room Level: First

Exterior Features

  • Lot Features: Corner Lot, Level, Near Public Beach
  • Waterfront Features: Ocean
  • Waterfront: No
  • Construction Type: Shingle Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck, Patio
  • Roof: Shingle
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Paved, On Site, Garage Door Opener, Inside Entrance

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiator, Multi-Zones
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public, Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 49658.4
  • Parcel #: CMBL-000001-U000000-000059
  • Zoning: LDR

Tax Info

  • Tax Annual Amount: 11296.0
  • Tax Book Number: 29468
  • Tax Lot: 59
  • Tax Map Number: U01
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2021
Closed on
Aug 31, 2021
Sold by
Melville Lisa M and Melville David G
Bought by
Iazzetti Paul and Cox Kelli
Seller's Agent
Christopher Davis
Vitalius Real Estate Group, LLC
Buyer's Agent
Brent Sawyer
Regency Realty Group
List Price
$999,000
Sold Price
$1,015,000
Premium/Discount to List
$16,000
1.6%
Current Estimated Value
$1,367,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$352,181
Avg. Annual Appreciation
7.61%
Original Mortgage
$812,000
Outstanding Balance
$739,387
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$627,794

Purchase Details

Closed on
Apr 2, 2012
Sold by
Anderson Eric M
Bought by
Melville David G and Melville Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,750
Interest Rate
3.88%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Iazzetti Paul -- None Available
Melville David G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Iazzetti Paul $812,000
Previous Owner Melville Lisa M $50,000
Previous Owner Melville David G $15,000
Previous Owner Melville David G $330,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2021 08/31/21 Sold $1,015,000 +1.6% $299 / Sq Ft
07/02/2021 07/02/21 Pending -- -- --
05/24/2021 05/24/21 For Sale $999,000 -- $294 / 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 $13,006 $559,400 $330,700 $228,700
2023 $12,313 $555,900 $330,700 $225,200
2022 $11,768 $555,100 $330,700 $224,400
2021 $11,407 $555,100 $330,700 $224,400
2020 $11,296 $555,100 $330,700 $224,400
2019 $11,019 $555,100 $330,700 $224,400
2018 $10,805 $548,500 $330,700 $217,800
2017 $10,312 $548,500 $330,700 $217,800
2016 $10,010 $548,500 $330,700 $217,800
2015 $9,926 $548,400 $330,700 $217,700
2014 $9,542 $548,400 $330,700 $217,700
2013 $9,323 $548,400 $330,700 $217,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1493068

Maine Listings

APN: CMBL-000001-U000000-000059