Seller's Agent in 2024
David Banks
RE/MAX
(207) 773-2345
16 in this area
1,087 Total Sales
26 Lower Falls Rd Falmouth, ME 04105
Pleasant Hill-Falmouth Neighborhood
4
Beds
3
Baths
4,130
Sq Ft
1.92
Acres
Highlights
- 222 Feet of Waterfront
- Deep Water Access
- Deck
- Falmouth Middle School Rated A
- 1.92 Acre Lot
- Contemporary Architecture
About This Home
As of October 202426 Lower Falls rests off of a cul-de-sac in a tranquil wooded neighborhood on the banks of the picturesque Presumpscot River. This contemporary shingle style home, designed by the architectural firm of Winton Scott, will captivate you instantly. Set on a hillside, your back deck perches you high in the tree tops, while exquisite landscaping created by Ted Carter surrounds the home in rustic stone work and lush gardens. A moss laden path leads you through the gently sloping grove down to over 200 feet of owned frontage on the river. The possibility of adding a dock would give you the option for additional adventures and access to the ocean. The homes many large windows bring the charm of your surroundings indoors. Home highlights include a screened in porch, first floor guest suite, updated bathrooms, 4 heat pumps, finished basement, and a three-car garage. Just minutes from Portland's bustling restaurants, shopping, country club, and trail systems, this home offers local convenience whilst being tucked away in dreamlike setting.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,696
Year Built
- Built in 1993
Lot Details
- 1.92 Acre Lot
- 222 Feet of Waterfront
- River Front
- Landscaped
- Irrigation
- Wooded Lot
- Property is zoned RAm
Parking
- 3 Car Direct Access Garage
- Driveway
Property Views
- Water
- Woods
Home Design
- Contemporary Architecture
- Concrete Foundation
- Wood Frame Construction
- Shingle Roof
- Wood Siding
- Shingle Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1 Fireplace
- Family Room
- Living Room
- Dining Room
- Screened Porch
Kitchen
- Cooktop
- Dishwasher
- Granite Countertops
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Main Floor Bedroom
- Primary bedroom located on second floor
- 3 Full Bathrooms
Laundry
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Outdoor Features
- Deep Water Access
- Deck
Location
- Suburban Location
Utilities
- Cooling Available
- Heating System Uses Oil
- Heat Pump System
- Baseboard Heating
- Hot Water Heating System
- Private Sewer
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 57
- Assessor Parcel Number FMTH-000069U-000000-000057
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 22, 2024
Closed on
Oct 4, 2024
Sold by
Becker Rena M and Becker Michael W
Bought by
Odonnell James T and Odonnell Lisa
Seller's Agent
David Banks
RE/MAX By The Bay
Buyer's Agent
David Banks
RE/MAX By The Bay
List Price
$1,595,000
Sold Price
$1,610,000
Premium/Discount to List
$15,000
0.94%
Views
31
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
$39,736
Avg. Annual Appreciation
-1.60%
Original Mortgage
$1,288,000
Outstanding Balance
$1,280,864
Interest Rate
6.46%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$306,152
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,610,000 | None Available | |
| Warranty Deed | $1,610,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,288,000 | Purchase Money Mortgage | |
| Closed | $1,288,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/04/2024 10/04/24 | Sold | $1,610,000 | +0.9% | $390 / Sq Ft |
| 08/30/2024 08/30/24 | Pending | -- | -- | -- |
| 08/22/2024 08/22/24 | For Sale | $1,595,000 | -- | $386 / 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 | $14,805 | $1,106,500 | $367,000 | $739,500 |
| 2023 | $13,695 | $1,083,500 | $367,000 | $716,500 |
| 2022 | $12,994 | $1,090,100 | $367,000 | $723,100 |
| 2021 | $11,563 | $663,400 | $296,300 | $367,100 |
| 2020 | $10,919 | $663,400 | $296,300 | $367,100 |
| 2019 | $11,192 | $663,400 | $296,300 | $367,100 |
| 2018 | $10,926 | $663,400 | $296,300 | $367,100 |
| 2017 | $10,362 | $663,400 | $296,300 | $367,100 |
| 2016 | $10,011 | $663,400 | $296,300 | $367,100 |
| 2015 | $9,706 | $663,400 | $296,300 | $367,100 |
| 2014 | $9,213 | $663,400 | $296,300 | $367,100 |
| 2012 | -- | $663,400 | $296,300 | $367,100 |
Source: Public Records
Agents Affiliated with this Home
-
David Banks
Map
Source: Maine Listings
MLS Number: 1600675
APN: FMTH-000069U-000000-000057
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