NOT LISTED FOR SALE

16 Farwell Ave Cumberland Center, ME 04021

Estimated Value: $518,000 - $542,142

3 Beds
2 Baths
1,470 Sq Ft
$360/Sq Ft Est. Value

Last Sold March 13, 2020

Last sale price $336,000 $229 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $3,323/month

4 Days on Market

Highlights

  • Cape Cod Architecture
  • Wooded Lot
  • Main Floor Bedroom
  • Mabel I. Wilson School Rated A-
  • Wood Flooring
  • Butcher Block Countertops

About This Home

As of March 2020

Perfectly convenient Cumberland Center location for this stylish 3 BR Cape with 2 Full BA – one on each level, just off Main Street and close to schools, golf course, and everything else the Center has to offer! Garage with storage area, plus a large gardening shed for overflow in the private backyard abutting Town-owned wooded land. Many recent updates including all new kitchen, refreshed bath, paint throughout, new and refinished flooring and more. Oversized driveway for off-street parking bordered by an attractive new stone wall. Newer heating system and roof. Public water and sewer. Wired for generator and RV hook-up. Move-in ready and waiting for YOU!

Last Agent to Sell the Property

Julie Rosenthal

Portside Real Estate Group Listed on: 01/08/2020

Last Buyer's Agent

Cari Turnbull

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,240

Year Built

  • Built in 1940

Lot Details

  • 0.34 Acre Lot
  • Level Lot
  • Wooded Lot
  • Property is zoned MDR

Parking

  • 1 Car Detached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • Central Vacuum
  • Built-In Features
  • Skylights
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Home Office

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Butcher Block Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • Shed

Location

  • Property is near a golf course
  • Suburban Location

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Forced Air Heating System
  • Heating System Uses Gas
  • Generator Hookup
  • Electric Water Heater
  • Satellite Dish

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 71
  • Assessor Parcel Number 16FarwellAvenueCumberland04021

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,240

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.34
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Main Street in Cumberland Center to Farwell Avenue. House is on the Left.
  • Above Grade Finished Sq Ft: 1260.0
  • Architectural Style: Cape
  • Garage Yn: Yes
  • Year Built: 1940
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.34
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1260.0
  • Property Information:SqFt Finished Below Grade: 210.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 1.0
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Room Features:Walk-in Closet17: Yes
  • Location:Suburban: Yes
  • Exterior:Clapboard: Yes
  • Amenities:Bathtub: Yes
  • Office:Office: Yes
  • Gas:Natural - At Street: Yes
  • Living Room Amenities:Wood Burning Fireplace14: Yes
  • Room Features:Skylight32: Yes
  • Room Features:Wood Burning Fireplace29: Yes
  • Site:Wooded: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Appliances Included:Gas Range: Yes
  • Equipment:Satellite Dish: Yes
  • Room Features:Built-Ins30: Yes
  • Electric:Generator Hookup: Yes
  • Den:Den: Yes
  • Cooling:AC Units: Yes
  • Equipment:Central Vacuum: Yes
  • Kitchen Countertop:Butcher Block: Yes
  • Bedroom Amenities 3:Walk-in Closet3: Yes
  • Living Room Amenities:Built-Ins14: Yes
  • Bedroom Amenities 2:Built-Ins4: Yes
  • Bedroom Amenities 2:Skylight10: Yes
  • Other Structures:Shed: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Gas Range, Dryer, Disposal, Dishwasher
  • Has Basement: Finished, Full, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 210.0
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Bedroom, Bathtub
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Level, Wooded, Near Golf Course, Neighborhood, Suburban
  • Waterfront: No
  • Construction Type: Vinyl Siding, Clapboard, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed(s)
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: 5 - 10 Spaces, Paved, Detached, Off Street

Utilities

  • Laundry Features: Upper Level
  • Cooling: A/C Units, Multi Units
  • Cooling Y N: Yes
  • Heating: Forced Air, Hot Air
  • Heating Yn: Yes
  • Electric: Other Electric, Generator Hookup, Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: RSU 51/MSAD 51

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 14810.4
  • Parcel #: 16FarwellAvenueCumberland04021
  • Zoning: MDR

Tax Info

  • Tax Annual Amount: 4239.96
  • Tax Book Number: 34929
  • Tax Lot: 71
  • Tax Map Number: U13
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2020
Closed on
Mar 13, 2020
Sold by
Reeves Stephen and Reeves Anne
Bought by
Cornelius Julie R and Thompson Charles K
Seller's Agent
Julie Rosenthal
Portside Real Estate Group
Buyer's Agent
Cari Turnbull
Keller Williams Realty
List Price
$319,000
Sold Price
$336,000
Premium/Discount to List
$17,000
5.33%
Current Estimated Value
$528,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,259
Avg. Annual Appreciation
8.69%
Original Mortgage
$136,000
Outstanding Balance
$121,733
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$407,053

Purchase Details

Listed on
Dec 22, 2017
Closed on
Jun 20, 2018
Sold by
Mccoy Penny M
Bought by
Reeves Stephen and Reeves Anne
Seller's Agent
Chris Erikson, Esq.
The Aland Realty Group, LLC
Buyer's Agent
Carol Fox-Bodge
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$349,900
Sold Price
$299,900
Premium/Discount to List
-$50,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.79%
Original Mortgage
$289,178
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2014
Sold by
Elliott John H and Elliott Peggy I
Bought by
Mccoy Penny M
Source: Public Records

Range of Values:

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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
Cornelius Julie R -- None Available
Reeves Stephen -- --
Mccoy Penny M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cornelius Julie R $136,000
Previous Owner Reeves Stephen K $295,218
Previous Owner Reeves Stephen $289,178
Previous Owner Elliott John H $90,400
Previous Owner Elliot John H $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2020 03/13/20 Sold $336,000 +5.3% $229 / Sq Ft
01/13/2020 01/13/20 Pending -- -- --
01/08/2020 01/08/20 For Sale $319,000 +6.4% $217 / Sq Ft
06/19/2018 06/19/18 Sold $299,900 -14.3% $238 / Sq Ft
05/15/2018 05/15/18 Pending -- -- --
12/21/2017 12/21/17 For Sale $349,900 -- $278 / 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 $5,336 $229,500 $106,400 $123,100
2023 $5,083 $229,500 $106,400 $123,100
2022 $4,528 $213,600 $106,400 $107,200
2021 $4,389 $213,600 $106,400 $107,200
2020 $4,347 $213,600 $106,400 $107,200
2019 $4,240 $213,600 $106,400 $107,200
2018 $4,161 $211,200 $106,400 $104,800
2017 $3,971 $211,200 $106,400 $104,800
2016 $3,854 $211,200 $106,400 $104,800
2015 $3,821 $211,100 $106,400 $104,700
2014 $3,673 $211,100 $106,400 $104,700
2013 $3,589 $211,100 $106,400 $104,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1441985

Maine Listings

APN: CMBL-000013-U000000-000071