NOT LISTED FOR SALE

100 Ridge Rd Monmouth, ME 04259

Estimated Value: $383,625 - $471,000

2 Beds
2 Baths
1,853 Sq Ft
$233/Sq Ft Est. Value

Last Sold November 30, 2017

Last sale price $120,500 $65 Per Sq Ft

Est. 251% increase in value since last sale

Current estimated payment $2,717/month

7 Days on Market

Highlights

  • 10 Acre Lot
  • Wood Flooring
  • Detached Garage
  • Cape Cod Architecture
  • No HOA
  • Eat-In Kitchen

About This Home

As of November 2017

Cape style home with plenty of privacy. First floor offers a kitchen with woodstove hookup, large livingroom and bath. Second floor offers an additional bath and two bedrooms. Front porch and oversized two+ car carage. Some work needed but build equity quickly here! This property is eligible under the Freddie Mac First Look Initiative through 10/01/2017. Seller currently negotiating multiple offers on this property. Offer submission deadline is Sept 19 2017 at noon.

Last Agent to Sell the Property

Earle Kenney

Sprague & Curtis Real Estate Brokerage Email: earle@spragueandcurtis.com Listed on: 09/12/2017

Last Buyer's Agent

Jeffrey Perkins

Hanna Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1989

Lot Details

  • 10 Acre Lot
  • Rural Setting
  • Level Lot
  • Property is zoned Rural

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Clap Board Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 1,853 Sq Ft Home
  • Living Room
  • Eat-In Kitchen

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

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

Parking

  • Detached Garage
  • Gravel Driveway

Utilities

  • No Cooling
  • Heating Available
  • Natural Gas Not Available
  • Private Water Source
  • No Water Heater
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 17

Home Details

Home Type

Single Family

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 10.0
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Take Main Street in Monmouth (Rt 132), to Ridge Road. Property on RIGHT #100.
  • Above Grade Finished Sq Ft: 1853.0
  • Architectural Style: Cape
  • Garage Yn: Yes
  • Year Built: 1989
  • Attribution Contact: earle@spragueandcurtis.com
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 10.0
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1853.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Exterior:Clapboard: Yes
  • Exterior:Wood Siding: Yes
  • Sewer:Private Sewer: Yes
  • Location:Rural: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: Yes
  • Water Heater:None2: Yes
  • Heat System:No Heat System: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Level, Rural
  • Waterfront: No
  • Construction Type: Wood Siding, Clapboard, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel, Detached

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: No Heat System
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 435600.0
  • Parcel #: 999999
  • Zoning: Rural

Tax Info

  • Tax Annual Amount: 3580.0
  • Tax Book Number: 8678
  • Tax Lot: 17
  • Tax Map Number: 11
  • Tax Year: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2017
Closed on
Nov 30, 2017
Sold by
Mac Freddie
Bought by
Rasmussen Aaron B
Seller's Agent
Earle Kenney
Sprague & Curtis Real Estate
Buyer's Agent
Jeffrey Perkins
Hanna Real Estate
List Price
$84,900
Sold Price
$120,500
Premium/Discount to List
$35,600
41.93%
Current Estimated Value
$423,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$302,634
Avg. Annual Appreciation
18.01%
Original Mortgage
$140,027
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 17, 2017
Sold by
Arvest Central Mtg Co
Bought by
Fhlmc

Purchase Details

Closed on
Sep 6, 2006
Sold by
Balfour Bruce B and Balfour Heidi H
Bought by
Balfour Heidi H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 7, 2005
Sold by
Henner-Walden Stacey L and Walden Jonathan W
Bought by
Balfour Heidi H and Balfourd Bruce B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Rasmussen Aaron B -- --
Fhlmc -- --
Balfour Heidi H -- --
Balfour Heidi H -- --
Balfour Heidi H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rasmussen Aaron B $164,000
Closed Rasmussen Aaron B $140,027
Previous Owner Balfour Bruce B $201,000
Previous Owner Balfour Heidi H $192,000
Previous Owner Balfour Heidi H $176,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2017 11/30/17 Sold $120,500 +41.9% $65 / Sq Ft
09/20/2017 09/20/17 Pending -- -- --
09/12/2017 09/12/17 For Sale $84,900 -- $46 / 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 $4,798 $234,600 $54,100 $180,500
2023 $4,246 $234,600 $54,100 $180,500
2022 $3,978 $204,000 $47,100 $156,900
2021 $3,835 $204,000 $47,100 $156,900
2020 $3,703 $204,000 $47,100 $156,900
2018 $3,580 $204,000 $47,100 $156,900
2017 $3,580 $204,000 $47,100 $156,900
2016 $3,394 $205,100 $43,400 $161,700
2015 $3,200 $205,100 $43,400 $161,700
2013 $2,984 $205,100 $43,400 $161,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1325942

Maine Listings

APN: MONM-000011-000000-000017