NOT LISTED FOR SALE

Estimated Value: $3,684,000 - $4,109,704

5 Beds
5.5 Baths
6,807 Sq Ft
$565/Sq Ft Est. Value

Last Sold September 15, 2020

Last sale price $4,150,000 $610 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $25,913/month

72 Days on Market

Highlights

  • 125 Feet of Waterfront
  • Access to Tidal Water
  • Country Club
  • Falmouth Middle School Rated A
  • Public Beach
  • In Ground Pool

About This Home

As of September 2020

An iconic Foreside estate, completely reimagined. A striking arts and crafts colonial graciously brought into the 21st century by Maine's premier designers and artisans. Effortlessly elegant with the finest style and amenities in mind; a timeless kitchen, an exquisite family room, and luxurious master suite. A newly rebuilt foundation houses a media room, wet bar, full bath, and billiards area for a playful retreat at day's end. Its sweeping lawns, complete with pool and hot tub, run towards the tides of Casco Bay; now enhanced with a private dock. Masterfully conceived landscaping yields an oasis, with a stunning variety of native species to delight the discerning naturalist. Eminently convenient to Portland amenities and recreational opportunities, 123 Foreside offers the very best in style, performance, and sense of place.

Last Listed By

David Banks

RE/MAX By The Bay Listed on: 06/10/2020

RE/MAX By The Bay

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $40,566

Year Built

  • Built in 1925

Lot Details

  • 2.53 Acre Lot
  • 125 Feet of Waterfront
  • Ocean Front
  • Property Fronts a Bay or Harbor
  • Public Beach
  • Level Lot
  • Open Lot
  • Property is zoned RA-SZ

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Slate Roof
  • Membrane Roofing
  • Clap Board Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • Built-In Features
  • Coffered Ceiling
  • Vaulted Ceiling
  • 4 Fireplaces
  • Gas Fireplace
  • Double Pane Windows
  • Mud Room
  • Family Room
  • Separate Formal Living Room
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Bonus Room
  • Sink in Utility Room
  • Water Views

Kitchen

  • Gas Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Bedroom Suite
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub in Primary Bathroom
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Finished Basement

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

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Access to Tidal Water
  • Property Near A Cove
  • Balcony
  • Deck
  • Patio

Location

  • Property is near a golf course

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Propane
  • Radiant Heating System
  • Baseboard Heating
  • Hot Water Heating System
  • Generator Hookup
  • Power Generator
  • High-Efficiency Water Heater
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 001
  • Assessor Parcel Number FMTH-000009U-000000-000001

Community Details

Overview

  • No Home Owners Association

Recreation

  • Country Club

Home Details

Home Type

Single Family

Est. Annual Taxes

$40,566

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.53
  • Road Surface Type: Paved
  • Water Body Name: Mussel Cove, Casco Bay
  • MLS Status: Closed
  • Directions: From 295 north, exit 9 to Route 1, right on route 88, 2 miles to 123 Foreside on right.
  • Above Grade Finished Sq Ft: 5426.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Efficiency: High Efficiency Water Heater, Double Pane Windows
  • Year Built: 1925
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 2.53
  • Property Information:Total Baths: 6.0
  • Property Information:SqFt Finished Above Grade: 5426.0
  • Property Information:SqFt Finished Below Grade: 1381.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Propane: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Gas: Yes
  • Amenities:Pool-In Ground: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Property Information:Garage Spaces: 2.0
  • Vehicle Storage:Detached: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Cooling:Central Air: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Dining Room:Dining Room: 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
  • Room Features:Island2: Yes
  • Room Features:Suite17: Yes
  • Room Features:Walk-in Closet17: Yes
  • Mud Room:Mud Room: Yes
  • Exterior:Clapboard: Yes
  • Heat System:Multi-Zones: Yes
  • Heat System:Radiant: Yes
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Bonus Room:Bonus Room: Yes
  • Style:Colonial: Yes
  • Office:Office: Yes
  • Bedroom 1 Amenities:Full Bath: Yes
  • Recreational Water:Oceanfront: Yes
  • Primary Bedroom Amenities:Double Vanities6: Yes
  • Primary Bedroom Amenities:Soaking Tub6: Yes
  • Room Features:Double Vanities17: Yes
  • Room Features:Soaking Tub17: Yes
  • Water Info:Waterfront Amount -: 125.0
  • Water Info:Water Frontage Owned -: 125.0
  • Dining Room Amenities:Dining Area: Yes
  • Room Features:Dining Area2: Yes
  • Site:RollingSloping: Yes
  • Family Room:Family Room: Yes
  • Appliances Included:Gas Range: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Location:Near Country Club: Yes
  • Recreational Water:Waterfront Tidal: Yes
  • Water Heater:Tank: Yes
  • Equipment:Generator: Yes
  • Laundry Room:Laundry Room: Yes
  • Room Features:Built-Ins30: Yes
  • Primary Bedroom Amenities:BalconyDeck6: Yes
  • Room Features:BalconyDeck17: Yes
  • Roof:Membrane: Yes
  • Room Features:Vaulted Ceiling29: Yes
  • Bedroom Amenities 2:Full Bath2: Yes
  • Energy Efficiency:High Efficiency Water Heater: Yes
  • Amenities:Hot Tub: Yes
  • Roof:Slate: Yes
  • Dining Room Amenities:Gas Fireplace11: Yes
  • Primary Bedroom Amenities:Vaulted Ceiling15: Yes
  • Primary Bedroom Amenities:Separate Shower6: Yes
  • Room Features:Separate Shower17: Yes
  • Living Room Amenities:Gas Fireplace5: Yes
  • Room Features:Gas Fireplace29: Yes
  • Laundry Room Amenities:Built-Ins13: Yes
  • Dining Room Amenities:Formal: Yes
  • Mud Room Amenities:Built-Ins17: Yes
  • Other Room Amenities 1:Rec Room: Yes
  • Room Features:Rec Room10: Yes
  • Laundry Room Amenities:Utility Sink: Yes
  • Room Features:Utility Sink2: Yes
  • Living Room Amenities:Formal2: Yes
  • Bedroom 1 Amenities:Suite: Yes
  • Dining Room Amenities:Coffered Ceiling11: Yes
  • Room Features:Coffered Ceiling29: Yes
  • Family Room Amenities:Gas Fireplace9: Yes
  • Bedroom 1 Amenities:Gas Fireplace14: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 4
  • Family Room Amenities Coffered Ceiling9: Yes
  • Special Features: None

Interior Features

  • Private Spa: Yes
  • Appliances: Washer, Refrigerator, Gas Range, Dryer, Disposal, Dishwasher
  • Has Basement: Finished, Full, Exterior Entry, Bulkhead, Interior Entry
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1381.0
  • Fireplaces: 4
  • Fireplace: Yes
  • Interior Amenities: Bathtub, Pantry, Primary Bedroom w/Bath
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Bedroom 4 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: Second
  • Laundry Room Laundry Room Level: Second

Exterior Features

  • Lot Features: Level, Open Lot, Rolling Slope, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town
  • Pool Features: In Ground
  • Waterfront Features: Cove, Bay, Ocean
  • Waterfront: Yes
  • Construction Type: Clapboard, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Patio
  • Roof: Membrane, Slate
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Paved, On Site, Detached

Utilities

  • Laundry Features: Built-Ins, Utility Sink, Upper Level
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Radiant, Multi-Zones, Hot Water, Forced Air, Baseboard, Hot Air
  • Heating Yn: Yes
  • Electric: Generator Hookup, Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 110206.8
  • Parcel #: FMTH-000009U-000000-000001
  • Zoning: RA-SZ

Tax Info

  • Tax Annual Amount: 40566.0
  • Tax Book Number: 34193
  • Tax Lot: 001
  • Tax Map Number: U09
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2017
Closed on
Jul 28, 2017
Sold by
Fort Independence Llc
Bought by
Demorgan Matthew and Demorgan Matthew
Seller's Agent
David Banks
RE/MAX By The Bay
Buyer's Agent
Emilie Levecque
Townsend Real Estate
List Price
$2,999,000
Sold Price
$2,999,000
Total Days on Market
72
Current Estimated Value
$3,843,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$844,235
Avg. Annual Appreciation
3.21%

Purchase Details

Listed on
Mar 29, 2012
Closed on
Jun 25, 2012
Sold by
Zajac Sandra
Bought by
Fort Independence Llc
Seller's Agent
Sandra Wendland
Legacy Properties Sotheby's International Realty
Buyer's Agent
Polly Nichols
Portside Real Estate Group
List Price
$1,999,000
Sold Price
$1,850,000
Premium/Discount to List
-$149,000
-7.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.94%

Purchase Details

Closed on
Jul 21, 2005
Sold by
Binnie Thomas T Est
Bought by
Zajac William and Zajac Sandra

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
Demorgan Matthew -- --
Fort Independence Llc -- --
Zajac William -- --
Demorgan Matthew -- --
Fort Independence Llc -- --
Zajac William -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zajac William $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2020 09/15/20 Sold $4,150,000 -16.2% $610 / Sq Ft
08/22/2020 08/22/20 Pending -- -- --
06/10/2020 06/10/20 For Sale $4,950,000 +65.1% $727 / Sq Ft
07/28/2017 07/28/17 Sold $2,999,000 0.0% $553 / Sq Ft
06/24/2017 06/24/17 Pending -- -- --
06/12/2017 06/12/17 For Sale $2,999,000 +62.1% $553 / Sq Ft
06/21/2012 06/21/12 Sold $1,850,000 -7.5% $471 / Sq Ft
05/25/2012 05/25/12 Pending -- -- --
03/29/2012 03/29/12 For Sale $1,999,000 -- $509 / 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
2023 $52,807 $4,177,800 $2,736,500 $1,441,300
2022 $49,799 $4,177,800 $2,736,500 $1,441,300
2021 $41,912 $2,404,600 $1,431,500 $973,100
2020 $40,998 $2,404,600 $1,431,500 $973,100
2019 $40,566 $2,404,600 $1,431,500 $973,100
2018 $35,216 $2,138,200 $1,431,500 $706,700
2017 $33,988 $2,175,900 $1,431,500 $744,400
2016 $32,834 $2,175,900 $1,431,500 $744,400
2015 $31,833 $2,175,900 $1,431,500 $744,400
2014 $30,687 $2,176,400 $1,432,000 $744,400
2012 -- $2,303,100 $1,757,300 $545,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1455783

Maine Listings

APN: FMTH-000009U-000000-000001