$172,500
SOLD JAN 21, 2020
2 Beds
1 Bath
936 Sq Ft
$175/mo HOA Fee

Recently Sold

$184 Per Sq Ft

2% Above List Price

1 Day on Market

Highlights

  • Nearby Water Access
  • Scenic Views
  • Deck
  • Mast Landing School Rated A
  • 7.32 Acre Lot
  • Wood Flooring

About This Home

As of April 2021

Beautiful, move-in ready, second floor condo, conveniently located within walking distance to downtown Freeport shopping, restaurants and more! This end unit in a secured building, offers a private deck, washer/dryer in the unit, a cozy and efficient propane stove in the living room, ample closet space and parking. A wonderful opportunity to own a great home at an affordable price!

Last Agent to Sell the Property

Melissa Morrill

Signature Homes Real Estate Group, LLC Listed on: 01/06/2020

Last Buyer's Agent

Rita Armstrong

Portside Real Estate Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,961

Year Built

  • Built in 1989

Lot Details

  • Property fronts a private road
  • Landscaped
  • Lot Has A Rolling Slope

HOA Fees

  • $175 Monthly HOA Fees

Property Views

  • Scenic Vista
  • Woods

Home Design

  • 936 Sq Ft Home
  • Garden Apartment
  • Concrete Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Kitchen

  • Electric Range
  • Stove
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Nearby Water Access
  • Deck

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • No Rentals Allowed
  • Legal Lot and Block 17 / 6A
  • Assessor Parcel Number FPRT-000009-000006-A000000-000017

Community Details

Overview

  • 18 Units
  • Somerset Condominium Association Subdivision
  • FHA/VA Approved Complex
  • The community has rules related to deed restrictions

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,961

Year Built

Built in 1989

Lot Details

0

HOA Fees

$175 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 7.32
  • Road Frontage Type: Private
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: Somerset Condominium Association
  • Directions: Route 1 to Summer Street, left onto Somerset Condominiums, Building A is the first building on the right. Door to the Right, Second Floor.
  • Above Grade Finished Sq Ft: 936.0
  • Architectural Style: Garden
  • Garage Yn: No
  • Year Built: 1989
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 7.32
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 936.0
  • Property Information:Garage: No
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Location Information:Association Fee: 175.0
  • Location Information:Fee Frequency Paid: Monthly
  • Roads:Private: Yes
  • Foundation Materials:Slab: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: Yes
  • Condominium:Rental Allowed: No
  • Condominium:Units in Building: 18
  • Style:Garden: Yes
  • Water Heater:Electric2: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Floors:Laminate: Yes
  • Roof:Composition2: Yes
  • Amenities:Bathtub: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Basement:Slab2: Yes
  • View:TreesWoods: Yes
  • Site:RollingSloping: Yes
  • Property Information:Deed Restrictions: Yes
  • Property Information:Bank Owned REO: No
  • View:Scenic: Yes
  • View:Fields: Yes
  • Heat System:Direct Vent Heater: Yes
  • Kitchen Countertop:Solid Surface: Yes
  • Condominium:Total Units4: 54
  • Restrictions:No Dogs Allowed: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher
  • Has Basement: Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: Bathtub

Exterior Features

  • Lot Features: Rolling Slope, Sidewalks, Landscaped, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood
  • View: Fields, Scenic, Trees/Woods
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter, Slab
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove, Direct Vent Heater, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 175.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: 2 Pets, No Dogs Allowed

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 318859.2
  • Parcel #: FPRT-000009-000006-A000000-000017
  • Zoning: V1

Multi Family

  • Number Of Units In Community: 18
  • Number Of Units Total: 54

Tax Info

  • Tax Annual Amount: 1961.0
  • Tax Block: 6A
  • Tax Book Number: 34959
  • Tax Lot: 17
  • Tax Map Number: 9
  • Tax Year: 2019

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
$299,264

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
10.30%
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
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed -- None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $107,000 New Conventional
Previous Owner $109,250 Unknown
Previous Owner $120,000 Unknown
Previous Owner $15,000 Unknown
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

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 $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

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Map

Source: Maine Listings

MLS Number: 1441823

Maine Listings

APN: FPRT-000009-000006-A000000-000017