R
Seller's Agent in 2021
Rita Armstrong
Portside Real Estate Group
(207) 632-3011
4 in this area
63 Total Sales
17 Somerset Unit A17 Freeport, ME 04032
Downtown Freeport NeighborhoodEstimated Value: $289,000 - $314,000
2
Beds
1
Bath
936
Sq Ft
$200/mo
HOA Fee
Highlights
- View of Trees or Woods
- Deck
- Wood Flooring
- Mast Landing School Rated A
- Property is near public transit
- Bathtub
About This Home
As of April 2021Location is everything in this well maintained, corner unit condominium, nestled in amongst the trees, allowing plenty of privacy in a terrific Freeport location: within 1-2 miles of 295, 15 minutes to Falmouth/Portland area and 10 minutes to Brunswick/Topsham area. Public transportation (train and bus) within walking distance, so owning a vehicle is not necessary. All shopping, including two grocery stores within walking distance. If you do own a vehicle, plenty of parking available. Very efficient to heat with a Jotul propane stove. Extremely well run condominium association with very low condominium fees. Washer and dryer within unit. Updated windows installed in 2020. Being a corner unit, offers a lot of natural light. Many areas freshly painted, including kitchen cabinets with vintage hardware applied. It is truly ''move-in'' ready and so much more affordable than renting. And, if you are fortunate enough to work from home, you can take a break, sitting out on the balcony, amongst the birds and the trees. It is quiet, peaceful, and truly a beautiful place to be.
Last Buyer's Agent
John Harmon II John Carroll
The Maine Real Estate Network
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,055
Year Built
- Built in 1989
HOA Fees
- $200 Monthly HOA Fees
Home Design
- Concrete Foundation
- Slab Foundation
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 936 Sq Ft Home
- Living Room
- Dining Room
- Views of Woods
Kitchen
- Electric Range
- Stove
- Microwave
- Dishwasher
- Formica Countertops
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
- Bathtub
Laundry
- Laundry Room
- Laundry on upper level
- Dryer
- Washer
Parking
- Common or Shared Parking
- Shared Driveway
- Paved Parking
- On-Site Parking
- Off-Street Parking
- Reserved Parking
Location
- Property is near public transit
- City Lot
Utilities
- No Cooling
- Heating System Uses Propane
- Baseboard Heating
- Electric Water Heater
Additional Features
- Deck
- Landscaped
Listing and Financial Details
- Legal Lot and Block A-17 / 6
- Assessor Parcel Number FPRT-000009-000006-A000000-000017
Community Details
Overview
- 3 Buildings
- 18 Units
- Somerset Condominium Association Subdivision
- The community has rules related to deed restrictions
Pet Policy
- Limit on the number of pets
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 6, 2020
Closed on
Jan 21, 2020
Sold by
Elder Abuse Institute
Bought by
Anderson Kelly D
Seller's Agent
Melissa Morrill
Signature Homes Real Estate Group, LLC
Buyer's Agent
Rita Armstrong
Portside Real Estate Group
List Price
$169,000
Sold Price
$172,500
Premium/Discount to List
$3,500
2.07%
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
$126,764
Avg. Annual Appreciation
10.24%
Original Mortgage
$107,000
Outstanding Balance
$95,568
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$201,070
Purchase Details
Closed on
Jul 2, 2018
Sold by
Lanctot James J
Bought by
Elder Abuse Institute
Purchase Details
Closed on
Mar 21, 2018
Sold by
England Patricia M
Bought by
Lanctot James J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,250
Interest Rate
4.32%
Mortgage Type
Unknown
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 |
|---|---|---|---|
| Anderson Kelly D | -- | None Available | |
| Elder Abuse Institute | -- | -- | |
| Lanctot James J | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Anderson Kelly D | $107,000 | |
| Previous Owner | Lanctot James J | $109,250 | |
| Previous Owner | England Patricia M | $120,000 | |
| Previous Owner | England Patricia M | $15,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/20/2021 04/20/21 | Sold | $225,000 | 0.0% | $240 / Sq Ft |
| 04/07/2021 04/07/21 | Pending | -- | -- | -- |
| 04/01/2021 04/01/21 | For Sale | $225,000 | +30.4% | $240 / Sq Ft |
| 01/21/2020 01/21/20 | Sold | $172,500 | +2.1% | $184 / Sq Ft |
| 01/08/2020 01/08/20 | Pending | -- | -- | -- |
| 01/06/2020 01/06/20 | For Sale | $169,000 | -- | $181 / 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 | $2,478 | $185,600 | $80,000 | $105,600 |
| 2023 | $2,360 | $171,600 | $80,000 | $91,600 |
| 2022 | $2,206 | $161,600 | $70,000 | $91,600 |
| 2021 | $2,091 | $156,600 | $65,000 | $91,600 |
| 2020 | $2,055 | $146,800 | $65,000 | $81,800 |
| 2019 | $1,961 | $137,100 | $60,300 | $76,800 |
| 2018 | $1,976 | $131,300 | $60,300 | $71,000 |
| 2017 | $1,912 | $127,900 | $60,300 | $67,600 |
| 2016 | $1,880 | $119,000 | $56,400 | $62,600 |
| 2015 | $1,897 | $112,900 | $53,600 | $59,300 |
Source: Public Records
Agents Affiliated with this Home
-
-
J
Buyer's Agent in 2021
John Harmon II John Carroll
The Maine Real Estate Network
-
J
Buyer's Agent in 2021
John Harmon John Carroll
EXP Realty
(207) 883-5135
1 in this area
67 Total Sales
-
M
Seller's Agent in 2020
Melissa Morrill
Signature Homes Real Estate Group, LLC
Map
Source: Maine Listings
MLS Number: 1486140
APN: FPRT-000009-000006-A000000-000017
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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