NOT LISTED FOR SALE

18 Red Oak Dr Falmouth, ME 04105

Estimated Value: $1,357,000 - $1,523,000

3 Beds
2.5 Baths
3,150 Sq Ft
$456/Sq Ft Est. Value

Last Sold July 29, 2022

Last sale price $1,235,000 $392 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $8,800/month

31 Days on Market

Highlights

  • Nearby Water Access
  • Scenic Views
  • Colonial Architecture
  • Falmouth Middle School Rated A
  • 1.92 Acre Lot
  • Wooded Lot

About This Home

As of July 2022

Stunning New Elegant Home! Enjoy the comfort of a Maine lifestyle, with all the amenities of modern luxury, and the convenience of close proximity to urban destinations, then you have found your future home at 18 Red Oak Drive in Falmouth. This brand new abode has been designed to meet the specifications of the most discerning buyer. The home is set on a perfect graded lot of almost two (2) acres and sits within the charming neighborhood of Red Oak Ridge, a quiet road on cul-de-sac. The interior is complete with high end finishes, including a gourmet kitchen that boasts Jennair appliances, quartz countertops, a 5 x 9.5 island, dedicated wine storage, double ovens, state-of-the-art wood-paneled refrigerator, glass stovetop, and much more! You won't be able to resist basking in the warmth of the space as the sun shines through the gracious large windows that flow through the open floor plan, or socializing within the huge dining area and relaxing beneath the high-ceilinged living room that is centered around a fireplace.

The home offers a primary bedroom with a large spa bath, separate shower, and two (2) large walk-in closets. Three (3) additional guest bedrooms are interconnected by the gorgeous 7.5' light colored wood flooring featured throughout the living quarters. The flow of modern open-concept design keeps the majority of the rooms on one level, separated by a mud room, laundry, and various closets that remain easily accessible regardless of one's mobility. A full basement is partially finished with insulation and the utilities for another full bath allow for an easy and great potential future expansion that would add a substantial increase in living space. Along the edge of the living room, you'll discover wonderful views and easy double-door access to the expansive backyard with northeast exposure that would be a perfect fit for a swimming pool, an outdoor fireplace, or other application.

Last Agent to Sell the Property

Michael Johnson

Keller Williams Realty Listed on: 05/25/2022

Last Buyer's Agent

Andrea Page

Keller Williams Realty

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,064

Year Built

  • Built in 2022

Lot Details

  • 1.92 Acre Lot
  • Cul-De-Sac
  • Level Lot
  • Wooded Lot
  • Property is zoned 114

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Gravel Driveway

Property Views

  • Scenic Vista
  • Woods

Home Design

  • Colonial Architecture
  • Contemporary Architecture
  • Post and Beam
  • Concrete Foundation
  • Steel Frame
  • Wood Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,150 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Home Office

Kitchen

  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Trash Compactor

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

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

Outdoor Features

  • Nearby Water Access
  • Porch

Utilities

  • Cooling Available
  • Forced Air Zoned Heating System
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Heat Pump System
  • Underground Utilities
  • Private Water Source
  • Water Heated On Demand
  • Oil Water Heater
  • Private Sewer

Community Details

  • Red Oak Ridge Development Association Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Legal Lot and Block 6 / 114
  • Assessor Parcel Number 000100531

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,064

Year Built

Built in 2022

Lot Details

0

HOA Fees

$10 per month

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.92
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: Red Oak Ridge Development Association
  • Directions: Blackstrap Rd to Red Oak Dr. follow the road the lot is on left.
  • Above Grade Finished Sq Ft: 3150.0
  • Architectural Style: Contemporary, Colonial
  • Garage Yn: Yes
  • Year Built: 2022
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.92
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 3150.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:On Demand: Yes
  • Location Information:Association Fee: 120.0
  • Location Information:Fee Frequency Paid: Annually
  • Property Information:Garage Spaces: 4.0
  • Heat System:Heat Pump: Yes
  • Cooling:Heat Pump3: Yes
  • Amenities:One-Floor Living: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Amenities:Walk-in Closets: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Basement Entry:Doghouse: Yes
  • Heat System:Multi-Zones: Yes
  • Style:Colonial: Yes
  • Office:Office: Yes
  • Appliances Included:Cooktop: Yes
  • Appliances Included:Wall Oven: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Property Information:Deed Restrictions: Yes
  • Property Information:Bank Owned REO: No
  • Water Heater:Oil2: Yes
  • View:Scenic: Yes
  • Construction:Post Beam: Yes
  • Kitchen Countertop:Quartz: Yes
  • Water Heater:Tank: Yes
  • Construction:Steel Frame: Yes
  • Site:Cul-De-Sac: Yes
  • Room Features:Vaulted Ceiling29: Yes
  • Electric:Underground: Yes
  • Appliances Included:Trash Compactor: Yes
  • Living Room Amenities:Vaulted Ceiling14: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: NewHome

Interior Features

  • Appliances: Other, Washer, Wall Oven, Trash Compactor, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher, Cooktop
  • Has Basement: Full, Doghouse, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Walk-in Closets, 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, One-Floor Living
  • Full Basement: Yes
  • Bedroom 2 Level: First
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First

Exterior Features

  • Lot Features: Cul-De-Sac, Level, Wooded, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Subdivided
  • View: Scenic, Trees/Woods
  • Waterfront: No
  • Construction Type: Composition, Post & Beam, Steel Frame, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Parking Features: 1 - 4 Spaces, Gravel, Garage Door Opener

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Multi-Zones, Heat Pump, Forced Air
  • Heating Yn: Yes
  • Electric: Underground, Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Association Fee: 120.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Junior High Dist: Falmouth Public Schools

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 83635.2
  • Parcel #: 000100531
  • Zoning: 114

Tax Info

  • Tax Annual Amount: 2064.0
  • Tax Block: 114
  • Tax Book Number: 39211
  • Tax Lot: 6
  • Tax Map Number: R07
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2022
Closed on
Jul 29, 2022
Sold by
Byrnes Mary L
Bought by
Payne Michael and Payne Danielle
Seller's Agent
Michael Johnson
Keller Williams Realty
Buyer's Agent
Andrea Page
Keller Williams Realty
List Price
$1,395,000
Sold Price
$1,235,000
Premium/Discount to List
-$160,000
-11.47%
Current Estimated Value
$1,437,938

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,938
Avg. Annual Appreciation
2.99%
Original Mortgage
$864,500
Outstanding Balance
$831,432
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$523,226

Purchase Details

Closed on
Feb 25, 2022
Sold by
Hildreth & White Corp
Bought by
Byrnes Mary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$742,500
Interest Rate
3.55%
Mortgage Type
Purchase Money Mortgage
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
Payne Michael $1,235,000 Stewart Title
Byrnes Mary L $825,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Payne Danielle $350,000
Closed Payne Danielle $139,800
Open Payne Michael $864,500
Previous Owner Byrnes Mary L $742,500
Previous Owner Byrnes Mary L $249,561
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2022 07/29/22 Sold $1,235,000 -11.5% $392 / Sq Ft
06/22/2022 06/22/22 Pending -- -- --
05/21/2022 05/21/22 For Sale $1,395,000 -- $443 / 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 $13,553 $1,012,900 $254,600 $758,300
2023 $11,831 $936,000 $254,600 $681,400
2022 $10,801 $906,100 $254,600 $651,500
2021 $2,064 $118,400 $118,400 $0
2020 $2,019 $118,400 $118,400 $0
2019 $1,997 $118,400 $118,400 $0
2018 $1,950 $118,400 $118,400 $0
2017 $1,849 $118,400 $118,400 $0
2016 $1,787 $118,400 $118,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1529252

Maine Listings

APN: FMTH M:R07 B:114 L:006