NOT LISTED FOR SALE

11 Rainbow Ln Freeport, ME 04032

Estimated Value: $454,000 - $535,000

2 Beds
1 Bath
1,368 Sq Ft
$356/Sq Ft Est. Value

Last Sold October 28, 2015

Last sale price $215,000 $157 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $2,933/month

6 Days on Market

Highlights

  • In Ground Pool
  • 3.5 Acre Lot
  • Wooded Lot
  • Mast Landing School Rated A
  • Deck
  • Raised Ranch Architecture

About This Home

As of October 2015

This beautifully maintained home sits on 3.5 private acres in a convenient Freeport location. Hardwood floor in living area, a spacious family room, large deck, terrific in-ground pool, storage shed and efficient heating make this a great value.

Last Agent to Sell the Property

David Fleury

Portside Real Estate Group Listed on: 09/03/2015

Co-Listed By

Rita Armstrong

Portside Real Estate Group

Last Buyer's Agent

Troy Wilkins

Legacy Properties Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,865

Year Built

  • Built in 1985

Lot Details

  • 3.5 Acre Lot
  • Property fronts a private road
  • Dirt Road
  • Rural Setting
  • Wooded Lot
  • Property is zoned RR1

Home Design

  • Raised Ranch Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Family Room
  • Dining Room
  • Den
  • Home Security System
  • Laundry Room

Kitchen

  • Stove
  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Finished Basement

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

Parking

  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • In Ground Pool
  • Deck

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Heating System Uses Gas
  • Heat Pump System
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Private Water Source
  • Electric Water Heater
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number FPRT-026020

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,865

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 3.5
  • Road Frontage Type: Private
  • Road Surface Type: Gravel
  • Co List Office Phone: 207-846-4300
  • MLS Status: Closed
  • Directions: Webster Road to Rainbow Lane to house on left.
  • Above Grade Finished Sq Ft: 768.0
  • Architectural Style: Raised Ranch
  • Year Built: 1985
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 157.16
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 3.5
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 768.0
  • Property Information:SqFt Finished Below Grade: 600.0
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Dishwasher: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Pool-In Ground: Yes
  • Amenities:Security System: Yes
  • Roads:Private: Yes
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Dining Room:Dining Room: Yes
  • Sewer:Private Sewer: Yes
  • Location:Rural: Yes
  • Roads:GravelDirt: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Family Room:Family Room: Yes
  • Appliances Included:Gas Range: Yes
  • Heat System:Direct Vent Heater: Yes
  • Laundry Room:Laundry Room: Yes
  • Den:Den: Yes
  • Cooling:AC Units: Yes
  • Dining Room Amenities:Heat Stove11: Yes
  • Style:Raised Ranch: Yes
  • Family Room Amenities:Heat Stove9: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator, Gas Range, Dishwasher
  • Has Basement: Finished, Full, Interior Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 600.0
  • Full Basement: Yes
  • Bedroom 2 Level: First
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Bedroom 1:Bedroom 1 Level: First
  • Laundry Room Laundry Room Level: Basement

Exterior Features

  • Lot Features: Wooded, Rural
  • Pool Features: In Ground
  • Waterfront: No
  • Construction Type: Shingle Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Gravel, Off Street

Utilities

  • Security: Security System
  • Cooling: Other, A/C Units, Multi Units
  • Cooling Y N: Yes
  • Heating: Heat Pump, Direct Vent Heater, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Utilities: Utilities On
  • Water Source: Private

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 152460.0
  • Parcel #: FPRT-026020
  • Zoning: RR1

Tax Info

  • Tax Annual Amount: 2865.0
  • Tax Lot: 20
  • Tax Year: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2015
Closed on
Oct 29, 2015
Sold by
Bell Doreen
Bought by
Reeves Shane M and Cataldo Melissa K
Seller's Agent
David Fleury
Portside Real Estate Group
Buyer's Agent
Troy Wilkins
Legacy Properties Sotheby's International Realty
List Price
$215,000
Sold Price
$215,000
Current Estimated Value
$486,521

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,521
Avg. Annual Appreciation
8.35%
Original Mortgage
$211,105
Outstanding Balance
$167,882
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$318,639
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Reeves Shane M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reeves Shane M $211,105
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2015 10/28/15 Sold $215,000 0.0% $157 / Sq Ft
09/10/2015 09/10/15 Pending -- -- --
09/03/2015 09/03/15 For Sale $215,000 -- $157 / 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 $4,610 $345,300 $159,600 $185,700
2023 $4,254 $309,400 $145,000 $164,400
2022 $4,034 $295,500 $131,100 $164,400
2021 $3,945 $295,500 $131,100 $164,400
2020 $3,619 $258,500 $121,500 $137,000
2019 $3,504 $245,000 $114,700 $130,300
2018 $3,427 $227,700 $107,000 $120,700
2017 $101 $219,800 $104,600 $115,200
2016 $3,215 $203,500 $96,800 $106,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1236095

Maine Listings

APN: FPRT M:26 B:20 L:0 U:0