Seller's Agent in 2023
Grace O'Brien
Gardner Real Estate Group
(207) 332-8030
1 in this area
120 Total Sales
1576 Us Route 1 Freeport, ME 04032
Estimated Value: $419,000 - $453,092
2
Beds
2
Baths
1,333
Sq Ft
$329/Sq Ft
Est. Value
Highlights
- Nearby Water Access
- View of Trees or Woods
- Cape Cod Architecture
- Mast Landing School Rated A
- 2.16 Acre Lot
- Deck
About This Home
As of December 2023Welcome to 1576 US Route One, nestled just outside of the picturesque town of Freeport, Maine! This charming 1949 Cape-style residence, boasting a generous lot and a spacious two-car garage, is now eagerly awaiting its next homeowner. As you step inside, the first floor welcomes you with an inviting eat-in kitchen, an adaptable den, which could serve as a formal dining room conveniently adjacent to the kitchen, a full bathroom, and a versatile living room that could easily be transformed into a first-floor bedroom if desired. Moving to the second floor, you'll discover two cozy bedrooms and another well-appointed full bathroom. For your convenience, the basement hosts a washer and dryer, included with the property. One of the true delights of this home is the peaceful back deck, providing a perfect spot for tranquil evenings while overlooking your expansive 2+ acre yard. With a touch of personal updates, this property becomes an ideal fit for a first-time homebuyer, those seeking to downsize, or anyone who craves the privacy of rural living while remaining in close proximity to the vibrant heart of downtown Freeport. Additionally, there's an array of appealing amenities within easy reach, including hiking trails, shopping destinations, water access, and more. Don't miss out on this exciting opportunity - come and explore the potential of this wonderful property today!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,501
Year Built
- Built in 1949
Lot Details
- 2.16 Acre Lot
- Level Lot
- Open Lot
- Wooded Lot
Parking
- 2 Car Attached Garage
- Parking Storage or Cabinetry
- Driveway
Home Design
- Cape Cod Architecture
- Concrete Foundation
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1,333 Sq Ft Home
- Dining Room
- Den
- Views of Woods
Kitchen
- Eat-In Kitchen
- Electric Range
- Dishwasher
- Kitchen Island
- Formica Countertops
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
- Bathtub
Laundry
- Dryer
- Washer
Basement
- Basement Fills Entire Space Under The House
- Doghouse Basement Entry
- Interior Basement Entry
Outdoor Features
- Nearby Water Access
- Deck
- Porch
Utilities
- Air Conditioning
- Multiple cooling system units
- Heating System Uses Oil
- Baseboard Heating
- Hot Water Heating System
- Natural Gas Not Available
- Private Water Source
- Well
- Septic System
- Internet Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 5
- Assessor Parcel Number 1576USRouteOneFreeport04032
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 3, 2023
Closed on
Dec 15, 2023
Sold by
Murch Brita L
Bought by
Martin Debra S and Martin Renald
Seller's Agent
Grace O'Brien
Gardner Real Estate Group
Buyer's Agent
Matthew Cartmell
Keller Williams Realty
List Price
$379,000
Sold Price
$370,000
Premium/Discount to List
-$9,000
-2.37%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,273
Avg. Annual Appreciation
9.17%
Original Mortgage
$106,500
Outstanding Balance
$104,646
Interest Rate
7.76%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$333,627
Purchase Details
Closed on
Jun 13, 2012
Sold by
Rice Jennifer L and Rice David R
Bought by
Murch Brita L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,673
Interest Rate
3.85%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Martin Debra S | -- | None Available | |
| Murch Brita L | -- | -- | |
| Murch Brita L | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Martin Debra S | $106,500 | |
| Previous Owner | Murch Brita L | $183,673 | |
| Previous Owner | Murch Brita L | $206,231 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/15/2023 12/15/23 | Sold | $370,000 | -2.4% | $278 / Sq Ft |
| 11/10/2023 11/10/23 | Pending | -- | -- | -- |
| 11/03/2023 11/03/23 | For Sale | $379,000 | -- | $284 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $4,542 | $340,200 | $165,600 | $174,600 |
| 2023 | $3,629 | $263,900 | $131,100 | $132,800 |
| 2022 | $3,501 | $256,500 | $123,700 | $132,800 |
| 2021 | $3,424 | $256,500 | $123,700 | $132,800 |
| 2020 | $5,073 | $237,300 | $114,600 | $122,700 |
| 2019 | $3,177 | $222,200 | $108,100 | $114,100 |
| 2018 | $4,859 | $206,700 | $101,000 | $105,700 |
| 2017 | $4,566 | $199,500 | $98,700 | $100,800 |
| 2016 | $2,921 | $184,900 | $91,400 | $93,500 |
| 2015 | $2,839 | $169,000 | $86,600 | $82,400 |
| 2014 | $2,670 | $169,000 | $86,600 | $82,400 |
| 2013 | $2,948 | $186,000 | $85,600 | $100,400 |
Source: Public Records
Agents Affiliated with this Home
-
Grace O'Brien
-
Matthew Cartmell
M
Buyer's Agent in 2023
Matthew Cartmell
Keller Williams Realty
(207) 522-8084
68 in this area
125 Total Sales
Map
Source: Maine Listings
MLS Number: 1576451
APN: FPRT-000018-000005
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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