NOT LISTED FOR SALE

Estimated Value: $1,711,000 - $2,893,008

4 Beds
3.5 Baths
2,402 Sq Ft
$1,010/Sq Ft Est. Value

Last Sold July 06, 2020

Last sale price $1,500,000 $624 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $15,088/month

1 Day on Market

Highlights

  • 90 Feet of Waterfront
  • Public Beach
  • Wood Flooring
  • Falmouth Middle School Rated A
  • Country Club
  • Mud Room

About This Home

As of July 2020

Completely renovated with style and function in mind, this 4 bed/3.5 bath waterfront home showcases incredible views of the Falmouth mooring field, Casco Bay, and the surrounding islands. Artfully renovated with a designer's eye, exposed beam ceilings, beautiful hardwood floors, shiplap walls, and cozy nooks maintain the homes character while flowing openly with modern finishes for today's discerning buyer. Illuminated by an abundance of natural light, the open floor plan flows in flawless progression from the kitchen finished with quartz countertops and high end stainless steel appliances to the open dining and living area boasting floor to ceiling windows and double glass doors opening to the ocean that afford breathtaking views. Upstairs, complete with a master suite and two bedrooms, enjoys the same painstaking attention to detail that defines the main level. The spectacular master suite offers ocean views and a luxurious bath, while the finished lower level provides the ultimate escape offering extra living space including an additional bedroom and family room with original exposed granite. Enjoy the steps down to the sandy beach below and a waterside lawn all while being just a short stroll to the Town Landing dock, restaurants, and many other amenities that Foreside has to offer!

Last Agent to Sell the Property

David Banks

RE/MAX By The Bay Listed on: 06/03/2020

RE/MAX By The Bay

Last Buyer's Agent

Michael Banks

RE/MAX By The Bay

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,950

Year Built

  • Built in 1890

Lot Details

  • 7,841 Sq Ft Lot
  • 90 Feet of Waterfront
  • Ocean Front
  • Property Fronts a Bay or Harbor
  • Property fronts a private road
  • Public Beach
  • Street terminates at a dead end
  • Level Lot
  • Open Lot
  • Property is zoned RA-SZ

Property Views

  • Water
  • Scenic Vista

Home Design

  • Cottage
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Shingle Siding

Interior Spaces

  • Gas Fireplace
  • Mud Room
  • Family Room
  • Living Room
  • Dining Room
  • Sink in Utility Room

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops

Flooring

  • Wood
  • Concrete

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Bedroom Suite
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Gravel Driveway
  • Off-Street Parking

Location

  • Property is near a golf course

Utilities

  • Cooling Available
  • Heating System Uses Gas
  • Heat Pump System
  • Radiant Heating System
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 48/49
  • Assessor Parcel Number FMTH-000016U-000000-000049

Community Details

Overview

  • No Home Owners Association

Recreation

  • Country Club

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,950

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.18
  • Road Frontage Type: Private
  • Water Body Name: Casco Bay, Atlantic Ocean
  • MLS Status: Closed
  • Directions: From Route 88, take Town Landing Road to Ayer's Court. Follow to a left on Mason Street. Go to the end and the house will be on your right.
  • Above Grade Finished Sq Ft: 1634.0
  • Architectural Style: Cottage
  • Garage Yn: No
  • Year Built: 1890
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.18
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 1634.0
  • Property Information:SqFt Finished Below Grade: 768.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Microwave: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Walk-Out: Yes
  • Roads:Private: Yes
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Cooling:Heat Pump3: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Dining Room:Dining Room: Yes
  • Kitchen Amenities:Island: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Full Bath7: Yes
  • Primary Bedroom Amenities:Suite6: Yes
  • Room Features:Island2: Yes
  • Room Features:Suite17: Yes
  • Mud Room:Mud Room: Yes
  • Heat System:Radiant: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Recreational Water:Oceanfront: Yes
  • Primary Bedroom Amenities:Double Vanities6: Yes
  • Room Features:Double Vanities17: Yes
  • Roads:Dead End: Yes
  • Water Info:Waterfront Amount -: 90.0
  • Water Info:Water Frontage Owned -: 90.0
  • Style:Cottage: Yes
  • Driveway:Gravel: Yes
  • Dining Room Amenities:Dining Area: Yes
  • Room Features:Dining Area2: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Family Room:Family Room: Yes
  • Appliances Included:Gas Range: Yes
  • View:Scenic: Yes
  • Location:Near Country Club: Yes
  • Kitchen Countertop:Quartz: Yes
  • Laundry Room:Laundry Room: Yes
  • Floors:Concrete2: Yes
  • Foundation Materials:Granite2: Yes
  • Living Room Amenities:Gas Fireplace5: Yes
  • Room Features:Gas Fireplace29: Yes
  • Laundry Room Amenities:Utility Sink: Yes
  • Room Features:Utility Sink2: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Microwave, Gas Range, Dishwasher
  • Has Basement: Finished, Full, Walk-Out Access
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 768.0
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bathtub
  • Full Basement: Yes
  • Bedroom 3 Level: Second
  • Bedroom 4 Bedroom 4 Level: Basement
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: Second
  • Bedroom 1:Bedroom 1 Level: Second
  • Laundry Room Laundry Room Level: Basement

Exterior Features

  • Lot Features: Level, Open Lot, Near Golf Course, Near Public Beach, Near Town, Neighborhood
  • View: Scenic
  • Waterfront Features: Bay, Harbor, Ocean
  • Waterfront: Yes
  • Construction Type: Shingle Siding, Wood Frame
  • Foundation Details: Granite
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Utility Sink, Washer Hookup
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Radiant, Heat Pump, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7840.8
  • Parcel #: FMTH-000016U-000000-000049
  • Zoning: RA-SZ

Tax Info

  • Tax Annual Amount: 14950.0
  • Tax Book Number: 34094
  • Tax Lot: 48/49
  • Tax Map Number: U16
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 18, 2023
Sold by
Banks Michael D
Bought by
Lux Llc
Current Estimated Value
$2,425,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Outstanding Balance
$1,372,635
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,052,701

Purchase Details

Listed on
Jun 3, 2020
Closed on
Jun 30, 2020
Sold by
Dick Bruce H and Hansen Carrie E
Bought by
Banks Michael D
Seller's Agent
David Banks
RE/MAX By The Bay
Buyer's Agent
Michael Banks
RE/MAX By The Bay
List Price
$1,500,000
Sold Price
$1,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.80%
Original Mortgage
$1,350,000
Interest Rate
3.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Apr 20, 2017
Closed on
Jun 20, 2017
Sold by
Colesworthy Peter L
Bought by
Dick Bruce H and Hansen Carrie E
Seller's Agent
David Banks
RE/MAX By The Bay
Buyer's Agent
Melissa McKersie
Legacy Properties Sotheby's International Realty
List Price
$750,000
Sold Price
$750,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.42%
Original Mortgage
$600,000
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Lux Llc $2,437,500 None Available
Lux Llc $2,437,500 None Available
Banks Michael D -- New England Title
Banks Michael D -- New England Title
Dick Bruce H -- --
Dick Bruce H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lux Llc $1,400,000
Closed Lux Llc $1,400,000
Previous Owner Banks Michael D $1,350,000
Previous Owner Dick Bruce H $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2020 07/06/20 Sold $1,500,000 0.0% $624 / Sq Ft
06/05/2020 06/05/20 Pending -- -- --
06/03/2020 06/03/20 For Sale $1,500,000 +100.0% $624 / Sq Ft
06/16/2017 06/16/17 Sold $750,000 0.0% $530 / Sq Ft
05/01/2017 05/01/17 Pending -- -- --
04/20/2017 04/20/17 For Sale $750,000 -- $530 / 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 $22,472 $1,679,500 $1,331,300 $348,200
2023 $21,212 $1,678,200 $1,331,300 $346,900
2022 $20,004 $1,678,200 $1,331,300 $346,900
2021 $15,446 $886,200 $669,200 $217,000
2020 $15,110 $886,200 $669,200 $217,000
2019 $14,950 $886,200 $669,200 $217,000
2018 $12,158 $738,200 $669,200 $69,000
2017 $11,531 $738,200 $669,200 $69,000
2016 $11,139 $738,200 $669,200 $69,000
2015 $10,800 $738,200 $669,200 $69,000
2014 $10,409 $738,200 $669,200 $69,000
2012 $9,914 $738,200 $669,200 $69,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1454792

Maine Listings

APN: FMTH-000016U-000000-000049