NOT LISTED FOR SALE

118 Ridgewood Dr Unit M2 Falmouth, ME 04105

Estimated Value: $787,797 - $1,013,000

2 Beds
2.5 Baths
2,005 Sq Ft
$300/mo HOA Fee

Last Sold July 24, 2018

Last sale price $549,899 $274 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $5,824/month

Highlights

  • Country Club
  • Newly Remodeled
  • Deck
  • Falmouth Middle School Rated A
  • Clubhouse
  • Wood Flooring

About This Home

As of July 2018

To be built Cedarwood style home in Ridgewood phase II! This floor plan offers open concept living with a gas fireplace, first floor master suite, and a three-season screened porch. Enjoy this convenient Falmouth location close to local schools, trails, I-295, I-95 and many other amenities!

Last Agent to Sell the Property

David Banks

RE/MAX By The Bay Listed on: 02/08/2018

RE/MAX By The Bay

Last Buyer's Agent

Diane Morrison

Morrison Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,030

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • Near Conservation Area
  • Open Lot

HOA Fees

  • $300 Monthly HOA Fees

Home Design

  • Home to be built
  • Cottage
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Concrete Fiber Board Siding
  • Clap Board Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 2,005 Sq Ft Home
  • Gas Fireplace
  • Living Room
  • Dining Room
  • Sink in Utility Room

Kitchen

  • Eat-In Kitchen
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Bedroom Suite
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level

Unfinished Basement

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

Parking

  • Direct Access Garage
  • Driveway

Outdoor Features

  • Deck

Location

  • Property is near a golf course
  • City Lot

Utilities

  • No Cooling
  • Forced Air Zoned Heating System
  • Heating System Uses Propane
  • Baseboard Heating
  • Hot Water Heating System
  • Underground Utilities
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block M2 / 026
  • Assessor Parcel Number 118RidgewoodDrive(M2) Falmouth ME 04105

Community Details

Overview

  • Ridgewood Subdivision

Amenities

  • Clubhouse

Recreation

  • Country Club

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,030

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: Ridgewood
  • Directions: Falmouth Road to Ridgewood Drive to 118 Ridgewood, lot M2.
  • Above Grade Finished Sq Ft: 2005.0
  • Architectural Style: Cottage
  • Garage Yn: Yes
  • New Construction: Yes
  • Year Built: 2018
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2005.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Gas: Yes
  • Location Information:Association Fee: 300.0
  • Location Information:Fee Frequency Paid: Monthly
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Units in Building: 1
  • Amenities:One-Floor Living: Yes
  • Amenities:Shower: Yes
  • Property Condition:New Construction: Yes
  • Property Condition:To Be Built: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Amenities:Walk-in Closets: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Kitchen Amenities:Island: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Full Bath7: Yes
  • Primary Bedroom Amenities:Suite6: Yes
  • Primary Bedroom Amenities:Walk-in Closet6: Yes
  • Exterior:Clapboard: Yes
  • Heat System:Multi-Zones: Yes
  • Bedroom 1 Amenities:Full Bath: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Primary Bedroom Amenities:Double Vanities6: Yes
  • Style:Cottage: Yes
  • Dining Room Amenities:Dining Area: Yes
  • Location:Near Country Club: Yes
  • Laundry Room:Laundry Room: Yes
  • Location:Abuts Conservation: Yes
  • Exterior:Fiber Cement: Yes
  • Electric:Underground: Yes
  • Bedroom Amenities 2:Walk-in Closet2: Yes
  • Sewer:Quasi-Public: Yes
  • Primary Bedroom Amenities:Separate Shower6: Yes
  • Living Room Amenities:Gas Fireplace5: Yes
  • Laundry Room Amenities:Utility Sink: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Property Information # Fireplaces: 1
  • Special Features: NewHome

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Walk-in Closets, 1st Floor Primary Bedroom w/Bath, One-Floor Living, Shower
  • Full Basement: Yes
  • Bedroom 2 Level: First
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First
  • Bedroom 1:Bedroom 1 Level: First
  • Laundry Room Laundry Room Level: First

Exterior Features

  • Lot Features: Level, Open Lot, Abuts Conservation, Intown, Near Golf Course, Near Shopping, Neighborhood
  • Waterfront: No
  • Construction Type: Fiber Cement, Clapboard, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Property Condition: New Construction, To Be Built
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: 1 - 4 Spaces, Paved, Inside Entrance

Utilities

  • Laundry Features: Utility Sink, Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Forced Air, Baseboard
  • Heating Yn: Yes
  • Electric: Underground, Circuit Breakers
  • Sewer: Quasi-Public
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse
  • Association Fee: 300.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Other Restrictions

Association/Amenities

  • Association Amenities:Club House: Yes

Lot Info

  • Land Lease: No
  • Parcel #: 118RidgewoodDrive(M2) Falmouth ME 04105
  • Zoning: Condo MDL-00

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 2030.0
  • Tax Block: 026
  • Tax Book Number: 26584
  • Tax Lot: M2
  • Tax Map Number: R04
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2018
Closed on
Jul 25, 2018
Sold by
Ridgewood Associates Llc
Bought by
Lukas Alan and Lukas Karen
Seller's Agent
David Banks
RE/MAX By The Bay
Buyer's Agent
Diane Morrison
Morrison Real Estate
List Price
$534,750
Sold Price
$549,899
Premium/Discount to List
$15,149
2.83%
Current Estimated Value
$906,699

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$356,800
Avg. Annual Appreciation
7.13%
Original Mortgage
$150,000
Outstanding Balance
$130,285
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$776,414
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
Lukas Alan -- --
Lukas Alan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lukas Alan $150,000
Closed Lukas Alan $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2018 07/24/18 Sold $549,899 +2.8% $274 / Sq Ft
02/08/2018 02/08/18 For Sale $534,750 -- $267 / Sq Ft
02/06/2018 02/06/18 Pending -- -- --
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 $9,232 $690,000 $69,200 $620,800
2023 $8,722 $690,000 $69,200 $620,800
2022 $8,225 $690,000 $69,200 $620,800
2021 $6,625 $380,100 $130,000 $250,100
2020 $6,481 $380,100 $130,000 $250,100
2019 $6,412 $380,100 $130,000 $250,100
2018 $2,141 $130,000 $130,000 $0
2017 $2,031 $130,000 $130,000 $0
2016 $1,766 $117,000 $117,000 $0
Source: Public Records

Agents Affiliated with this Home

  • David Banks

    Seller's Agent in 2018

    David Banks

    RE/MAX

    (207) 773-2345

    314 in this area

    1,066 Total Sales

    David Banks
    Section Image

  • D

    Buyer's Agent in 2018

    Diane Morrison

    Morrison Real Estate

See All Agents

Map

Source: Maine Listings

MLS Number: 1338125

Maine Listings

APN: FMTH M:R04 B:026 L:M2

Maine Cumberland County Falmouth 04105

118 Ridgewood Dr Unit M2, Falmouth, ME

This home is located at 118 Ridgewood Dr Unit M2, Falmouth, ME 04105 since 08 February 2018 and is currently estimated at $906,699, approximately $452 per square foot. This property was built in 2018. 118 Ridgewood Dr Unit M2 is a home located in Cumberland County with nearby schools including Falmouth Middle School and Falmouth High School.

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