NOT LISTED FOR SALE

18 Faraday Dr Unit D Cumberland, ME 04021

West Cumberland Neighborhood

Estimated Value: $447,000 - $522,000

2 Beds
2 Baths
1,340 Sq Ft
$224/mo HOA Fee

Last Sold May 05, 2021

Last sale price $325,000 $243 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $3,228/month

Highlights

  • New Construction
  • 4.19 Acre Lot
  • Wood Flooring
  • Mabel I. Wilson School Rated A-
  • Contemporary Architecture
  • 1 Fireplace

About This Home

As of May 2021

Beautiful Mill Run Condominiums with two car garage. upscale with granite, hardwood floors, and natural gas. Close to Portland and Auburn!

Last Agent to Sell the Property

Marlene Eaton

Benchmark Real Estate Listed on: 08/08/2020

Last Buyer's Agent

Migs Eaton

Coldwell Banker Residential Brokerage

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2020 | New Construction

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
  • Contemporary Architecture
  • Ranch Style House
  • Concrete Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Radiant Barrier

Interior Spaces

  • 1,340 Sq Ft Home
  • 1 Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Living Room
  • Dining Room

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level

Home Security

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Hot Water Heating System
  • Programmable Thermostat
  • Underground Utilities
  • Gas Water Heater
  • Septic System
  • Internet Available

Additional Features

  • Smart Grid Meter
  • Patio
  • Property is near a golf course

Listing and Financial Details

  • Tax Lot 070
  • Assessor Parcel Number 18faradaycumberland04021

Community Details

Overview

  • 4 Units

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Security

  • Storm Windows

Property Details

Home Type

Condominium

Year Built

Built in 2020 | New Construction

Lot Details

0

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
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Gray Road #197 to Faraday Drive to #18
  • Above Grade Finished Sq Ft: 1340.0
  • Architectural Style: Contemporary, Ranch
  • Garage Yn: Yes
  • New Construction: Yes
  • Efficiency: Storm Windows, Smart Electric Meter, Radiant Barrier, Programmable Thermostat, Low E Windows, Insulated Foundation, Double Pane Windows
  • Year Built: 2020
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 242.54
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 4.19
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1340.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: 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
  • Amenities:One-Floor Living: Yes
  • Property Condition:New Construction: Yes
  • Property Condition:To Be Built: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Heat Fuel:Gas Natural: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Style:Ranch: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Roof:Pitched: Yes
  • Basement:Slab2: Yes
  • Location:Rural: Yes
  • Roads:Dead End: Yes
  • Equipment:Internet Access Available: Yes
  • Appliances Included:Gas Range: Yes
  • Sewer:Septic Existing on Site: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Energy Efficiency:Low E Windows: Yes
  • Laundry Room:Laundry Room: Yes
  • Energy Efficiency:Smart Electric Meter: Yes
  • Electric:Underground: Yes
  • Energy Efficiency:Programmable Thermostat: Yes
  • Energy Efficiency:Storm Windows: Yes
  • Restrictions:Pet Weight Limit: Yes
  • Energy Efficiency:Radiant Barrier: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Property Information # Fireplaces: 1
  • Special Features: NewHome

Interior Features

  • Appliances: Refrigerator, Microwave, Gas Range, Electric Range, Dishwasher
  • Has Basement: Not Applicable
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Bedroom, One-Floor Living
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Level, Open Lot, Landscaped, Near Golf Course, Rural, Subdivided
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter, 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: Hot Water, Heat Pump
  • Heating Yn: Yes
  • Electric: Underground, Circuit Breakers
  • Sewer: Septic Existing on Site
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 223.74
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: 2 Pets, Size Limit

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 182516.4
  • Parcel #: 18faradaycumberland04021
  • Zoning: VCC

Multi Family

  • Number Of Units In Community: 4

Tax Info

  • Tax Annual Amount: 10.0
  • Tax Lot: 070
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2020
Closed on
May 5, 2021
Sold by
Green Sip Const Inc
Bought by
Lee Rorie and Goldberg Ross D
Seller's Agent
Marlene Eaton
Benchmark Real Estate
Buyer's Agent
Migs Eaton
Coldwell Banker Residential Brokerage
List Price
$325,000
Sold Price
$325,000
Current Estimated Value
$475,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,378
Avg. Annual Appreciation
8.56%
Original Mortgage
$125,000
Outstanding Balance
$112,798
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$362,580
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 Buyer Sale Price Title Company
Lee Rorie -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Rorie $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2021 05/05/21 Sold $325,000 0.0% $243 / Sq Ft
08/08/2020 08/08/20 Pending -- -- --
08/08/2020 08/08/20 For Sale $325,000 -- $243 / 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
2025 $6,076 $241,300 $50,000 $191,300
2024 $5,610 $241,300 $50,000 $191,300
2023 $5,345 $241,300 $50,000 $191,300
2022 $5,116 $241,300 $50,000 $191,300
2021 $4,959 $241,300 $50,000 $191,300
Source: Public Records

Agents Affiliated with this Home

  • Marlene Eaton

    Seller's Agent in 2021

    Marlene Eaton

    Benchmark Real Estate

    (207) 415-4793

    4 in this area

    13 Total Sales

    Marlene Eaton
    Section Image

  • M

    Buyer's Agent in 2021

    Migs Eaton

    Coldwell Banker Residential Brokerage

See All Agents

Map

Source: Maine Listings

MLS Number: 1463666

Maine Listings

APN: CMBL M:U20 L:70-A U:16

Maine Cumberland County Cumberland 04021 West Cumberland

18 Faraday Dr Unit D, Cumberland, ME

Not Listed for Sale

Condos

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