J
Seller's Agent in 2022
John Fitzsimons
Portside Real Estate Group
(207) 233-8314
6 in this area
214 Total Sales
215 Tuttle Rd Cumberland, ME 04021
Cumberland Center NeighborhoodEstimated Value: $1,456,000 - $2,058,869
41
Acres
$42,864
Price per Acre
1,785,960
Sq Ft Lot
Highlights
- Nearby Water Access
- View of Trees or Woods
- Wooded Lot
- Mabel I. Wilson School Rated A-
- 41 Acre Lot
- No HOA
About This Lot
As of November 2022Developers take notice! 41 acres in Cumberland center is a rare find and this site offers an amazing opportunity for a high-quality estate style subdivision. You would be hard pressed to find a better location to build high end homes or an amazing family compound. Located in the heart of Cumberland, this site is only twenty minutes into downtown Portland, a mile and a half to award winning schools, minutes to the Broad Cove Preserve, and surrounded by conservation land, gorgeous trails and Twin Brooks Recreation Area. A draft plan for 5 lots has been sketched but the potential for more exists! The upland portion of the property will offer a wonderfully private and peaceful setting to site homes. With much of the initial due diligence engineering started, this is a project where someone can hit the ground running. The number of large parcels in Cumberland that remain are few and far between so take advantage now!
Property Details
Property Type
- Land
Est. Annual Taxes
- $2,694
Year Built
- 1995
Lot Details
- 41 Acre Lot
- Property fronts a private road
- Dirt Road
- Near Conservation Area
- Level Lot
- Wooded Lot
- Property is zoned RR1
Parking
- Driveway
- Paved Parking
Utilities
- Electricity Not Available
- Well Required
- Septic Needed
Additional Features
- Views of Woods
- Property is near a golf course
- Agricultural
Listing and Financial Details
- Tax Lot 11A
- Assessor Parcel Number 215tuttleroadcumberland04021
Community Details
Overview
- No Home Owners Association
Recreation
- Nearby Water Access
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 31, 2015
Sold by
Griswold Laurie
Bought by
Austin Brett W and Austin Erin M
Total Days on Market
82
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$125,162
Interest Rate
3.19%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,570,608
Purchase Details
Listed on
Nov 29, 2010
Closed on
Mar 20, 2013
Sold by
Michaud Richard E and Boyle Angela M
Bought by
Griswold Margaret and Craft Micah
Seller's Agent
Dennis Duggan
Rob Williams Real Estate Brokers
Buyer's Agent
Christie Harriman
Bean Group
List Price
$450,000
Sold Price
$260,000
Premium/Discount to List
-$190,000
-42.22%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.70%
Purchase Details
Closed on
Nov 23, 2010
Sold by
Gorman William R
Bought by
Michaud Richard E and Boyle Angela M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.4%
Mortgage Type
Commercial
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 |
|---|---|---|---|
| Austin Brett W | -- | -- | |
| Griswold Margaret | -- | -- | |
| Michaud Richard E | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Austin Erin M | $300,000 | |
| Open | Austin Brett W | $656,000 | |
| Previous Owner | Griswold Laurie A | $100,000 | |
| Previous Owner | Michaud Richard E | $650,000 | |
| Previous Owner | Gorman William R | $350,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/04/2022 11/04/22 | Sold | $1,035,000 | -13.4% | -- |
| 06/07/2022 06/07/22 | For Sale | $1,195,000 | +359.6% | -- |
| 03/18/2013 03/18/13 | Sold | $260,000 | -42.2% | -- |
| 02/27/2013 02/27/13 | Pending | -- | -- | -- |
| 12/01/2010 12/01/10 | For Sale | $450,000 | -- | -- |
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 | $24,352 | $1,047,400 | $181,200 | $866,200 |
| 2023 | $23,200 | $1,047,400 | $181,200 | $866,200 |
| 2022 | $22,099 | $1,042,400 | $181,200 | $861,200 |
| 2021 | $2,694 | $131,100 | $131,100 | $0 |
| 2020 | $2,678 | $131,600 | $131,600 | $0 |
| 2019 | $2,610 | $131,500 | $131,500 | $0 |
| 2018 | $2,594 | $131,700 | $131,700 | $0 |
| 2017 | $2,468 | $131,300 | $131,300 | $0 |
| 2016 | $2,321 | $127,200 | $127,200 | $0 |
| 2015 | $18,236 | $1,007,500 | $181,200 | $826,300 |
| 2014 | $17,531 | $1,007,500 | $181,200 | $826,300 |
| 2013 | -- | $970,700 | $181,200 | $789,500 |
Source: Public Records
Agents Affiliated with this Home
-
John Fitzsimons
-
Melissa Morrill
M
Buyer's Agent in 2022
Melissa Morrill
Maine Home Connection
(207) 233-2456
1 in this area
60 Total Sales
-
D
Seller's Agent in 2013
Dennis Duggan
Rob Williams Real Estate Brokers
-
I
Seller Co-Listing Agent in 2013
Ian Duggan
Rob Williams Real Estate Brokers
-
C
Buyer's Agent in 2013
Christie Harriman
Bean Group
Map
Source: Maine Listings
MLS Number: 1531479
APN: CMBL-000004-R000000-000011
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