NOT LISTED FOR SALE

16 Faraday Dr Unit D Cumberland, ME 04021

West Cumberland Neighborhood

Estimated Value: $450,000 - $501,000

2 Beds
2 Baths
1,440 Sq Ft
4.19 Acre Lot

Sale Details

Date Sold: July 2, 2020

Last sale price $305,500 $212 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $3,248 / mo

25 Days on Market

Highlights

  • Built in 2019 | Newly Remodeled
  • 4.19 Acre Lot
  • Wood Flooring
  • Mabel I. Wilson School Rated A-
  • Ranch Style House
  • 1 Fireplace

About This Home

As of July 2020

This home is located at 16 Faraday Dr Unit D, Cumberland, ME 04021 since 01 October 2019 and is currently estimated at $468,922, approximately $325 per square foot. This property was built in 2019. 16 Faraday Dr Unit D is a home located in Cumberland County with nearby schools including Mabel I. Wilson School, Greely Middle School 4-5, and Greely Middle School.

Last Agent to Sell the Property

Marlene Eaton

Benchmark Real Estate Listed on: 10/01/2019

Last Buyer's Agent

Migs Eaton

Coldwell Banker Residential Brokerage

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2019 | Newly Remodeled

Lot Details

  • Property fronts a private road
  • Street terminates at a dead end
  • Rural Setting
  • Landscaped
  • Open Lot

HOA Fees

  • $224 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Home to be built
  • Ranch Style House
  • Slab Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,440 Sq Ft Home
  • 1 Fireplace
  • Low Emissivity Windows
  • Laundry on main level

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Gas Water Heater
  • Septic System
  • Private Sewer

Listing and Financial Details

  • Tax Lot 070
  • Assessor Parcel Number 16FaradayDriveCumberland04021

Community Details

Overview

  • 5 Buildings
  • 4 Units
  • Mill Run Townhouses Subdivision

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Year Built

Built in 2019 | Newly Remodeled

Lot Details

4.19 Acres

HOA Fees

$224 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 4.19
  • Road Frontage Type: Private
  • MLS Status: Closed
  • Subdivision Name: Mill Run Townhouses
  • Above Grade Finished Sq Ft: 1440.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • New Construction: Yes
  • Efficiency: Low E Windows, Insulated Foundation
  • Year Built: 2019
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 214.58
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 4.19
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1440.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Microwave: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Water Heater:Gas: Yes
  • Location Information:Association Fee: 223.74
  • Location Information:Fee Frequency Paid: Monthly
  • Property Information:Garage Spaces: 2.0
  • Roads:Private: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat System:Heat Pump: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Units in Building: 4
  • Cooling:Heat Pump3: Yes
  • Kitchen Countertop:Granite: Yes
  • Gas:Natural - On Site: Yes
  • Property Condition:New Construction: Yes
  • Property Condition:To Be Built: Yes
  • Heat Fuel:Gas Natural: Yes
  • Style:Ranch: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Roof:Pitched: Yes
  • Basement:Slab2: Yes
  • Location:Rural: Yes
  • Roads:Dead End: Yes
  • Appliances Included:Gas Range: Yes
  • Sewer:Septic Existing on Site: Yes
  • Energy Efficiency:Low E Windows: Yes
  • Condominium:Total Units4: 20
  • Condominium:_pound_ of Buildings: 5
  • Property Sub-Type Property Sub-Type: Condominium
  • Property Information # Fireplaces: 1
  • Special Features: NewHome

Interior Features

  • Number Of Buildings: 5
  • Appliances: Microwave, Gas Range, Dishwasher
  • Has Basement: Not Applicable
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Landscaped, Rural, Subdivided
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Slab
  • Patio And Porch Features: Patio
  • Property Condition: New Construction, To Be Built
  • Roof: Pitched, Shingle
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Paved

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 223.74
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: 1 Pet

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 182516.4
  • Parcel #: 16FaradayDriveCumberland04021
  • Zoning: VCC

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 20

Tax Info

  • Tax Lot: 070
  • Tax Year: 2019

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2019
Closed on
Jul 2, 2020
Sold by
Bought by
Seller's Agent
Marlene Eaton
Benchmark Real Estate
Buyer's Agent
Migs Eaton
Coldwell Banker Residential Brokerage
List Price
$309,000
Sold Price
$305,500
Premium/Discount to List
-$3,500
-1.13%
Current Estimated Value
$468,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,422
Avg. Annual Appreciation
7.43%
Original Mortgage
$190,000
Outstanding Balance
$167,726
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$301,196
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $190,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/02/2020 07/02/20 Sold $305,500 -1.1% $212 / Sq Ft
10/27/2019 10/27/19 Pending -- -- --
10/01/2019 10/01/19 For Sale $309,000 -- $215 / Sq Ft
Source: Maine Listings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $6,068 $241,000 $50,000 $191,000
2024 $5,603 $241,000 $50,000 $191,000
2023 $5,338 $241,000 $50,000 $191,000
2022 $5,109 $241,000 $50,000 $191,000
2021 $4,953 $241,000 $50,000 $191,000
Source: Public Records

Agents Affiliated with this Home

  • Marlene Eaton

    Seller's Agent in 2020

    Marlene Eaton

    Benchmark Real Estate

    (207) 415-4793

    5 Total Sales

    Marlene Eaton
    Section Image

  • M

    Buyer's Agent in 2020

    Migs Eaton

    Coldwell Banker Residential Brokerage

See All Agents

Map

Source: Maine Listings

MLS Number: 1434912

Maine Listings

APN: CMBL M:U20 L:70-A U:12

Maine Cumberland County Cumberland 04021 West Cumberland

16 Faraday Dr Unit D, Cumberland, ME

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