NOT LISTED FOR SALE

122 Cedar Ln Farmington, ME 04938

Estimated Value: $294,000 - $376,000

3 Beds
1.5 Baths
2,200 Sq Ft
$160/Sq Ft Est. Value

Last Sold December 23, 2022

Last sale price $287,500 $131 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,229/month

21 Days on Market

Highlights

  • Spa
  • Mountain View
  • Bonus Room
  • 2.49 Acre Lot
  • Ranch Style House
  • No HOA

About This Home

As of December 2022

Mountains, lakes, and trees, oh my! Take a look at this 3 bedroom Ranch seated on 2.5 acres in Farmington! This home offers an eat- in kitchen with lots of cabinet space and wonderful views that makes doing dishes just a bit easier. Cozy up to the great woodstove centrally located between kitchen and living room. Or grab a book and sit and enjoy your lovely porch! This home has 3 bedrooms including the primary bedroom with its own bath. The basement is partially finished and currently being used as a game room, but can be used as rec room or even an office! Step outside into your nice backyard perfect for pets or entertaining. Also included is a hot tub to relax in and let the day wash away. This home is conveniently located just minutes from shopping, parks, and the University of Maine, Farmington.

Last Agent to Sell the Property

Elaine Pratte

Meservier & Associates Listed on: 10/28/2022

Last Buyer's Agent

Daniel Nash

Coldwell Banker Sandy River Realty

Coldwell Banker Sandy River Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,398

Year Built

  • Built in 1986

Lot Details

  • 2.49 Acre Lot
  • Rural Setting
  • Level Lot
  • Open Lot
  • Property is zoned Town

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

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

Interior Spaces

  • Living Room
  • Dining Room
  • Bonus Room
  • Mountain Views

Kitchen

  • Electric Range
  • Dishwasher
  • Formica Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • Spa
  • Porch

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Natural Gas Not Available
  • Private Water Source
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 001-C
  • Assessor Parcel Number FARN-000000-R000014-000001-C000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,398

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.49
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1500.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Year Built: 1986
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 2.49
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1500.0
  • Property Information:SqFt Finished Below Grade: 700.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Amenities:One-Floor Living: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Full Bath7: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Style:Ranch: Yes
  • Bonus Room:Bonus Room: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Location:Rural: Yes
  • Water:Private2: Yes
  • Kitchen Countertop:Formica: Yes
  • View:Mountain(s): Yes
  • Amenities:Hot Tub: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None

Interior Features

  • Private Spa: Yes
  • Appliances: Washer, Refrigerator, Electric Range, Dryer, Dishwasher
  • Has Basement: Finished, Full, Interior Entry, Unfinished
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 700.0
  • Fireplace: No
  • Interior Amenities: One-Floor Living, Primary Bedroom w/Bath
  • Full Basement: Yes
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First

Exterior Features

  • Lot Features: Level, Open Lot, Rural
  • View: Mountain(s)
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Paved

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • 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: 108464.4
  • Parcel #: FARN-000000-R000014-000001-C000000
  • Zoning: Town

Tax Info

  • Tax Annual Amount: 3398.0
  • Tax Book Number: 4210
  • Tax Lot: 001-C
  • Tax Map Number: R14
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2020
Closed on
Jul 21, 2020
Sold by
Doucette Percy B Est
Bought by
Smith Billy J and Smith Tampsa M
Seller's Agent
John Shaw
Allied Realty
Buyer's Agent
Elaine Pratte
Bean Group
List Price
$229,900
Sold Price
$209,000
Premium/Discount to List
-$20,900
-9.09%
Current Estimated Value
$352,367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,367
Avg. Annual Appreciation
11.10%
Original Mortgage
$211,616
Outstanding Balance
$188,820
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$168,765
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
Smith Billy J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Billy J $211,616
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2022 12/23/22 Sold $287,500 -4.1% $131 / Sq Ft
11/19/2022 11/19/22 Pending -- -- --
11/18/2022 11/18/22 Price Changed $299,900 -4.8% $136 / Sq Ft
11/10/2022 11/10/22 Price Changed $315,000 -4.5% $143 / Sq Ft
10/28/2022 10/28/22 For Sale $330,000 +57.9% $150 / Sq Ft
07/21/2020 07/21/20 Sold $209,000 -9.1% $95 / Sq Ft
06/12/2020 06/12/20 Pending -- -- --
04/23/2020 04/23/20 For Sale $229,900 -- $105 / 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 $3,711 $173,000 $30,000 $143,000
2023 $3,444 $173,000 $30,000 $143,000
2022 $3,114 $173,000 $30,000 $143,000
2021 $3,398 $177,000 $30,000 $147,000
2020 $3,487 $177,000 $30,000 $147,000
2019 $3,536 $177,000 $30,000 $147,000
2018 $3,464 $177,000 $30,000 $147,000
2017 $3,529 $177,000 $30,000 $147,000
2016 $3,413 $177,000 $30,000 $147,000
2015 $3,328 $177,000 $30,000 $147,000
2014 $3,066 $177,000 $30,000 $147,000
2013 $2,788 $177,000 $30,000 $147,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1547019

Maine Listings

APN: FARN-000000-R000014-000001-C000000