NOT LISTED FOR SALE

116 Us Route 1 Falmouth, ME 04105

Estimated Value: $1,157,000 - $1,504,000

1.3 Acres
$995,132 Price per Acre
56,628 Sq Ft Lot

Last Sold April 30, 2018

Last sale price $350,000

Est. 270% increase in value since last sale

Current estimated payment $7,685/month

77 Days on Market

Highlights

  • Country Club
  • No HOA
  • Level Lot
  • Falmouth Middle School Rated A
  • Property is near a golf course
  • Near Conservation Area

About This Lot

As of April 2018

Approximately 1.3 acres in convenient Falmouth location! Property abuts nearly 60 acres of conversation land. Build the home of your dreams on this well appointed lot with western views and easy access to the Audobon. Potential for two build-able lots with ability to build duplexes. Enjoy being just minutes from down town Portland and Falmouth amenities!

Last Agent to Sell the Property

David Banks

RE/MAX By The Bay Listed on: 12/06/2017

RE/MAX By The Bay

Last Buyer's Agent

David Banks

RE/MAX By The Bay

RE/MAX By The Bay

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,818

Lot Details

  • 1.3 Acre Lot
  • Near Conservation Area
  • Level Lot
  • Open Lot
  • Property is zoned RA

Parking

  • No Driveway

Location

  • Property is near a golf course

Utilities

  • Electricity Not Available
  • Water Not Available
  • Sewer Not Available

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number FMTH-000003U-000000-000007

Community Details

Overview

  • No Home Owners Association

Recreation

  • Country Club

Property Details

Property Type

Land

Est. Annual Taxes

$2,818

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 1.3
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From Portland take Route 1 towards Falmouth, turn left on to Gilsland Farm Road, turn left onto Old Route One, land is past the first house on the right.
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.3
  • Site:Level: Yes
  • Site:Open: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Gas:Natural - On Site: Yes
  • Driveway:No Driveway: Yes
  • Location:Near Country Club: Yes
  • Electric:No Electric: Yes
  • Sewer:None4: Yes
  • Water:None5: Yes
  • Location:Abuts Conservation: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Level, Open Lot, Abuts Conservation, Near Golf Course, Near Shopping, Near Town
  • Waterfront: No

Garage/Parking

  • Parking Features: No Driveway

Utilities

  • Electric: No Electric
  • Sewer: None, Public Sewer
  • Water Source: Public, None

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 56628.0
  • Parcel #: FMTH-000003U-000000-000007
  • Zoning: RA

Tax Info

  • Tax Annual Amount: 2818.0
  • Tax Book Number: 2844
  • Tax Lot: 7
  • Tax Map Number: U03
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 2018
Sold by
Sawyer Mary P
Bought by
Brogan Joel M
Current Estimated Value
$1,293,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,500
Outstanding Balance
$171,007
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,122,665

Purchase Details

Listed on
Dec 6, 2017
Closed on
May 2, 2018
Sold by
Sawyer Barbara G and Sawyer Alden H
Bought by
Moore Daniel E and Moore Katherine J
Seller's Agent
David Banks
RE/MAX By The Bay
Buyer's Agent
David Banks
RE/MAX By The Bay
List Price
$400,000
Sold Price
$350,000
Premium/Discount to List
-$50,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.32%
Original Mortgage
$440,000
Outstanding Balance
$380,097
Interest Rate
4.45%
Mortgage Type
New Conventional
Estimated Equity
$913,575
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Brogan Joel M -- --
Brogan Joel M -- --
Brogan Marcia E -- --
Brogan Marcia E -- --
Moore Daniel E -- --
Moore Daniel E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brogan Marcia E $196,500
Closed Brogan Marcia E $196,500
Closed Brogan Joel M $147,500
Open Moore Daniel E $440,000
Closed Moore Daniel E $440,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2018 04/30/18 Sold $350,000 -12.5% --
02/22/2018 02/22/18 Pending -- -- --
12/06/2017 12/06/17 For Sale $400,000 -- --
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 $10,230 $764,600 $279,100 $485,500
2023 $9,646 $763,100 $279,100 $484,000
2022 $9,096 $763,100 $279,100 $484,000
2021 $7,261 $416,600 $152,000 $264,600
2020 $3,639 $416,600 $152,000 $264,600
2019 $3,639 $416,600 $152,000 $264,600
2018 $7,523 $456,800 $180,400 $276,400
2017 $7,135 $456,800 $180,400 $276,400
2016 $6,893 $456,800 $180,400 $276,400
2015 $6,680 $456,600 $180,400 $276,200
2014 $6,438 $456,600 $180,400 $276,200
2012 $6,132 $456,600 $180,400 $276,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1334082

Maine Listings

APN: FMTH-000003U-000000-000007