NOT LISTED FOR SALE

3 Nicola's Way Cumberland Foreside, ME 04110

Cumberland Foreside Neighborhood

Estimated Value: $3,143,277 - $3,462,000

1.16 Acres
$2,892,609 Price per Acre
50,530 Sq Ft Lot

Last Sold October 06, 2015

Last sale price $330,000

Est. 917% increase in value since last sale

Current estimated payment $21,313/month

163 Days on Market

Highlights

  • Ocean Front
  • Nearby Water Access
  • Scenic Views
  • Mabel I. Wilson School Rated A-
  • Country Club
  • Wooded Lot

About This Lot

As of October 2015

An enchanting 16-lot Foreside community. All build-packages come with the services of the renowned Nicola Manganello to blend the most discriminating elements of European design with Premier construction. The result - magical. Only 6 lots remain.

Last Agent to Sell the Property

Linda Macdonald

RE/MAX By The Bay Listed on: 07/27/2015

Last Buyer's Agent

David Banks

RE/MAX By The Bay

RE/MAX By The Bay

Property Details

Property Type

  • Land

Lot Details

  • 1.16 Acre Lot
  • Ocean Front
  • Property fronts a private road
  • Landscaped
  • Level Lot
  • Wooded Lot
  • Property is zoned LDR

HOA Fees

  • $110 Monthly HOA Fees

Parking

  • No Driveway

Property Views

  • Scenic Vista
  • Woods

Location

  • Property is near a golf course
  • Suburban Location

Utilities

  • Underground Utilities
  • Natural Gas Not Available

Listing and Financial Details

  • Tax Lot 2C
  • Assessor Parcel Number Lot 11Maeve's WayCumberlaU032C

Community Details

Overview

  • Maeve's Way Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Country Club
  • Nearby Water Access

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$110 per month

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 1.16
  • Road Frontage Type: Private
  • MLS Status: Closed
  • Subdivision Name: Maeve's Way
  • Directions: In Cumberland Foreside, follow Route 88/Foreside Road to Maeve's Way (use 52 Foreside Road for GPS).
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.16
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Water:Public3: Yes
  • Location Information:Association Fee: 110.0
  • Location Information:Fee Frequency Paid: Monthly
  • Roads:Private: Yes
  • Gas:No Gas: Yes
  • Location:Suburban: Yes
  • Recreational Water:Nearby: Yes
  • Recreational Water:Oceanfront: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Driveway:No Driveway: Yes
  • Property Information:Deed Restrictions: Yes
  • View:Scenic: Yes
  • Location:Near Country Club: Yes
  • Washer/Dryer Other Location: Yes
  • Electric:Underground: Yes
  • Sewer:Quasi-Public: Yes
  • Advertising Remarks:Advertising Remarks: An enchanting 16-lot Foreside community. All build-packages come with the services of the renowned Nicola Manganello to blend the most discriminating elements of European design with Premier construction. The result - magical. Only 6 lots remain. For more information, please visit BeautifulMaineHomes.com
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Level, Sidewalks, Landscaped, Wooded, Near Golf Course, Near Shopping, Neighborhood, Other, Subdivided, Suburban
  • View: Scenic, Trees/Woods
  • Waterfront: No

Garage/Parking

  • Parking Features: No Driveway

Utilities

  • Electric: Underground
  • Sewer: Quasi-Public
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 110.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Other Restrictions

Lot Info

  • Lot Size Sq Ft: 50529.6
  • Parcel #: Lot 11Maeve's WayCumberlaU032C
  • Zoning: LDR

Tax Info

  • Tax Lot: 2C
  • Tax Year: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 16, 2018
Sold by
Vail Michael T and Vail Andrea G
Bought by
Vail Ft
Current Estimated Value
$3,355,426

Purchase Details

Closed on
Mar 22, 2016
Sold by
Vail Michael T
Bought by
Vail Michael T and Vail Andrea G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,487,500
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 27, 2015
Closed on
Oct 7, 2015
Sold by
Munjoy Hill Epm Llc
Bought by
Vail Michael T
Seller's Agent
Linda Macdonald
RE/MAX By The Bay
Buyer's Agent
David Banks
RE/MAX By The Bay
List Price
$350,000
Sold Price
$330,000
Premium/Discount to List
-$20,000
-5.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.50%
Original Mortgage
$264,000
Interest Rate
3.88%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Vail Ft -- --
Vail Michael T -- --
Vail Michael T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Vail Michael T $1,487,500
Closed Vail Michael T $264,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/06/2015 10/06/15 Sold $330,000 -5.7% --
08/29/2015 08/29/15 Pending -- -- --
03/18/2015 03/18/15 For Sale $350,000 -- --
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
2025 $42,632 $1,693,100 $365,000 $1,328,100
2024 $39,365 $1,693,100 $365,000 $1,328,100
2023 $37,502 $1,693,100 $365,000 $1,328,100
2022 $35,894 $1,693,100 $365,000 $1,328,100
2021 $34,793 $1,693,100 $365,000 $1,328,100
2020 $34,455 $1,693,100 $365,000 $1,328,100
2019 $33,608 $1,693,100 $365,000 $1,328,100
2018 $32,497 $1,649,600 $365,000 $1,284,600
2017 $9,706 $516,300 $365,000 $151,300
2016 $6,661 $365,000 $365,000 $0
2015 $6,607 $365,000 $365,000 $0
2014 $6,351 $365,000 $365,000 $0
2013 $2,069 $121,700 $121,700 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2015

    Linda Macdonald

    RE/MAX

  • D

    Buyer's Agent in 2015

    David Banks

    RE/MAX By The Bay

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Map

Source: Maine Listings

MLS Number: 1207126

Maine Listings

APN: CMBL-000002-U000000-000005-J000000

Maine Cumberland County Cumberland Foreside 04110 Cumberland Foreside

3 Nicola's Way, Cumberland Foreside, ME

Not Listed for Sale

Lots

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