Seller's Agent in 2018
David Banks
RE/MAX
(207) 773-2345
68 in this area
1,117 Total Sales
2 Broad Cove Way Cumberland Foreside, ME 04110
Yarmouth NeighborhoodEstimated Value: $1,205,000 - $1,526,000
3
Beds
2
Baths
2,144
Sq Ft
$605/Sq Ft
Est. Value
Highlights
- Ocean Front
- Country Club
- 1 Fireplace
- Mabel I. Wilson School Rated A-
- Wood Flooring
- Bonus Room
About This Home
As of July 2018Oversized windows and southern exposure provide beautiful water views of Casco Bay and abundant natural light. This re-imagined coastal cottage is located in a small neighborhood on the desirable Cumberland Foreside. Inside you are welcomed by crisp, clean lines and light spaces. Traditional wood floors stretch through the entire first level featuring an open concept kitchen with an expansive island and high-end appliances, welcoming dining area and living room with gas fireplace and access to the well-landscaped backyard. The elegant master suite boast a custom tile shower and a walk-in closet. A lower level flex space allows for an exercise room or den while the large basement is perfect for additional storage. Enjoy living just minutes from Yarmouth Village with easy access to Falmouth amenities and downtown Portland!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,693
Year Built
- Built in 1968
Lot Details
- 0.78 Acre Lot
- Ocean Front
- Property Fronts a Bay or Harbor
- Landscaped
- Open Lot
- Property is zoned LDR
Home Design
- Cottage
- Brick Exterior Construction
- Concrete Foundation
- Wood Frame Construction
- Shingle Roof
- Wood Siding
- Shingle Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1-Story Property
- 1 Fireplace
- Living Room
- Dining Room
- Bonus Room
- Sun or Florida Room
- Water Views
- Laundry on main level
Kitchen
- Gas Range
- Dishwasher
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Finished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Parking
- Direct Access Garage
- Driveway
Location
- Property is near a golf course
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Oil
- Heating System Uses Propane
- Heat Pump System
- Hot Water Heating System
Listing and Financial Details
- Tax Lot B17
- Assessor Parcel Number CMBL-000006B-U000000-000017
Community Details
Overview
- No Home Owners Association
Recreation
- Country Club
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 25, 2018
Closed on
Jul 16, 2018
Sold by
Morong Luke W
Bought by
Coffin Melissa K and Coffin Samuel
Seller's Agent
David Banks
RE/MAX By The Bay
Buyer's Agent
Elizabeth Ducas
Waypoint Brokers Collective
List Price
$799,000
Sold Price
$785,000
Premium/Discount to List
-$14,000
-1.75%
Total Days on Market
3
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
$512,397
Avg. Annual Appreciation
6.27%
Original Mortgage
$741,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Jul 19, 2017
Closed on
Sep 15, 2017
Sold by
Diane S Nichols Ret
Bought by
Morong Luke W
Seller's Agent
Susan Moody
Prime Properties of Southern Maine, LLC
Buyer's Agent
Luke Morong
RE/MAX By The Bay
List Price
$560,000
Sold Price
$450,000
Premium/Discount to List
-$110,000
-19.64%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
95.50%
Purchase Details
Listed on
May 3, 2017
Closed on
May 24, 2017
Sold by
Riemann Helge G
Bought by
Diane S Nichols Ret
Seller's Agent
Judy George
Judy George Realty
Buyer's Agent
Susan Moody
Coldwell Banker Realty
List Price
$560,000
Sold Price
$530,000
Premium/Discount to List
-$30,000
-5.36%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-41.01%
Purchase Details
Closed on
Apr 23, 2014
Sold by
Mcgonagle William J and Mcgonagle Kathleen D
Bought by
Riemann Helge G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
3.37%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 21, 2009
Sold by
Mcgonagle William J
Bought by
Mcgonagle William J and Mcgonagle Kathleen D
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 |
|---|---|---|---|
| Coffin Melissa K | -- | -- | |
| Coffin Melissa K | -- | -- | |
| Morong Luke W | -- | -- | |
| Morong Luke W | -- | -- | |
| Diane S Nichols Ret | -- | -- | |
| Diane S Nichols Ret | -- | -- | |
| Riemann Helge G | -- | -- | |
| Riemann Helge G | -- | -- | |
| Mcgonagle William J | -- | -- | |
| Mcgonagle William J | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Coffin Samuel | $250,000 | |
| Closed | Coffin Samuel T | $243,000 | |
| Open | Soffin Samuel T | $697,000 | |
| Closed | Coffin Melissa K | $741,000 | |
| Previous Owner | Riemann Helge G | $350,000 | |
| Previous Owner | Mcgonagle Kathleen D | $180,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/13/2018 07/13/18 | Sold | $785,000 | -1.8% | $366 / Sq Ft |
| 05/29/2018 05/29/18 | Pending | -- | -- | -- |
| 05/25/2018 05/25/18 | For Sale | $799,000 | +77.6% | $373 / Sq Ft |
| 09/14/2017 09/14/17 | Sold | $450,000 | -19.6% | $230 / Sq Ft |
| 08/25/2017 08/25/17 | Pending | -- | -- | -- |
| 07/19/2017 07/19/17 | For Sale | $560,000 | +5.7% | $286 / Sq Ft |
| 05/23/2017 05/23/17 | Sold | $530,000 | -5.4% | $265 / Sq Ft |
| 05/06/2017 05/06/17 | Pending | -- | -- | -- |
| 05/03/2017 05/03/17 | For Sale | $560,000 | -- | $280 / 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 | $16,038 | $689,800 | $351,500 | $338,300 |
| 2023 | $13,516 | $610,200 | $351,500 | $258,700 |
| 2022 | $12,871 | $607,100 | $351,500 | $255,600 |
| 2021 | $12,476 | $607,100 | $351,500 | $255,600 |
| 2020 | $12,354 | $607,100 | $351,500 | $255,600 |
| 2019 | $11,981 | $603,600 | $351,500 | $252,100 |
| 2018 | $11,253 | $571,200 | $351,500 | $219,700 |
| 2017 | $9,069 | $482,400 | $351,500 | $130,900 |
| 2016 | $8,804 | $482,400 | $351,500 | $130,900 |
| 2015 | $10,134 | $559,900 | $383,500 | $176,400 |
| 2014 | $9,742 | $559,900 | $383,500 | $176,400 |
| 2013 | $9,518 | $559,900 | $383,500 | $176,400 |
Source: Public Records
Agents Affiliated with this Home
-
David Banks
-
Elizabeth Ducas
E
Buyer's Agent in 2018
Elizabeth Ducas
Waypoint Brokers Collective
(207) 939-5095
7 in this area
34 Total Sales
-
Judy George
J
Seller's Agent in 2017
Judy George
Judy George Realty
(207) 319-2445
29 Total Sales
-
S
Seller's Agent in 2017
Susan Moody
Prime Properties of Southern Maine, LLC
(207) 415-2979
-
D
Seller Co-Listing Agent in 2017
Douglas Maines
Prime Properties of Southern Maine, LLC
-
L
Buyer's Agent in 2017
Luke Morong
RE/MAX
Map
Source: Maine Listings
MLS Number: 1352392
APN: CMBL-000006B-U000000-000017
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