NOT LISTED FOR SALE

Estimated Value: $460,000 - $594,000

2.38 Acres
$221,246 Price per Acre
103,673 Sq Ft Lot

Last Sold November 14, 2013

Last sale price $70,000

Est. 652% increase in value since last sale

Current estimated payment $3,369/month

237 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Scenic Views
  • Corner Lot
  • Falmouth Middle School Rated A
  • 2.38 Acre Lot
  • No HOA

About This Lot

As of November 2013

Surrounded by open fields and horse property with waterfrontage on Hobbs Brook. Easy access to Portland & turnpike exit. House packages available. Existing structure on property needs to be removed but a great equity builder.

Last Agent to Sell the Property

Laurie Champagne

Bean Group Listed on: 03/06/2013

Last Buyer's Agent

Laurie Champagne

Bean Group Listed on: 03/06/2013

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,384

Lot Details

  • 2.38 Acre Lot
  • Home fronts a stream
  • 100 Feet of Waterfront
  • Rural Setting
  • Corner Lot
  • Level Lot
  • Open Lot
  • Property is zoned farm & forest

Parking

  • Gravel Driveway

Utilities

  • Natural Gas Not Available
  • Well Required
  • Septic Needed

Additional Features

  • Scenic Vista Views
  • Pasture

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 87A
  • Assessor Parcel Number 465Gray RoadFalmouthR0687A

Property Details

Property Type

Land

Est. Annual Taxes

$1,384

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 2.38
  • Road Surface Type: Paved
  • Water Body Name: Hobbs Brook
  • MLS Status: Closed
  • Directions: Gray Rd north from Portland to property on the corner of Schuster & Gray Rd after horse farm
  • Property Information:Lot Size Acres -: 2.38
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: No
  • Gas:No Gas: Yes
  • Location:Rural: Yes
  • Water Info:Waterfront Amount -: 100.0
  • Water Info:Water Frontage Owned -: 100.0
  • Driveway:Gravel: Yes
  • Property Information:Deed Restrictions: Unknown
  • View:Scenic: Yes
  • View:Fields: Yes
  • Water:Well Needed on Site: Yes
  • Utility Info Electric On Site: Yes
  • Sewer:Septic Needed: Yes
  • Site:PastureField: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Corner Lot, Level, Open Lot, Pasture, Rural
  • View: Fields, Scenic
  • Waterfront Features: Brook
  • Waterfront: Yes

Garage/Parking

  • Parking Features: 1 - 4 Spaces, Gravel, Other

Utilities

  • Electric: On Site
  • Sewer: Septic Needed
  • Water Source: Well Needed on Site

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 103672.8
  • Parcel #: 465Gray RoadFalmouthR0687A
  • Zoning: farm & forest

Tax Info

  • Tax Annual Amount: 1384.0
  • Tax Book Number: 59822
  • Tax Lot: 87A
  • Tax Map Number: R06
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2013
Closed on
Nov 22, 2013
Sold by
Sargent Colin W and Sargent Nancy D
Bought by
Schuster Road Llc
Seller's Agent
Laurie Champagne
Bean Group
Buyer's Agent
Laurie Champagne
Bean Group
List Price
$84,000
Sold Price
$70,000
Premium/Discount to List
-$14,000
-16.67%
Current Estimated Value
$526,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$456,566
Avg. Annual Appreciation
18.56%
Original Mortgage
$1
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 12, 2006
Sold by
Rbn Llc
Bought by
Sargent Colin W and Sargent Nancy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,100
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Schuster Road Llc -- --
Sargent Colin W -- --
Schuster Road Llc -- --
Sargent Colin W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schuster Rd Llc $125,000
Closed Schuster Road Llc $1
Previous Owner Sargent Colin W $107,100
Closed Sargent Colin W $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2013 11/14/13 Sold $70,000 -16.7% --
10/31/2013 10/31/13 Pending -- -- --
03/07/2013 03/07/13 For Sale $84,000 -- --
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
2024 $5,228 $390,700 $167,600 $223,100
2023 $4,926 $389,700 $167,600 $222,100
2022 $4,645 $389,700 $167,600 $222,100
2021 $4,018 $230,500 $85,700 $144,800
2020 $3,930 $230,500 $85,700 $144,800
2019 $3,889 $230,500 $85,700 $144,800
2018 $3,796 $230,500 $85,700 $144,800
2017 $3,600 $230,500 $85,700 $144,800
2016 $3,478 $230,500 $85,700 $144,800
2015 $2,483 $169,700 $85,700 $84,000
2014 $2,393 $169,700 $85,700 $84,000
2012 $1,164 $86,700 $86,300 $400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1082646

Maine Listings

APN: FMTH-000006R-000087-A000000