Seller's Agent in 2025
David Banks
RE/MAX
(207) 773-2345
306 in this area
1,016 Total Sales
3 Tidewater Cove Falmouth, ME 04105
3
Beds
3
Baths
2,505
Sq Ft
0.49
Acres
Highlights
- 150 Feet of Waterfront
- Access to Tidal Water
- Country Club
- Falmouth Middle School Rated A
- Public Beach
- Cathedral Ceiling
About This Home
As of October 2025Set on the banks of the Presumpscot River in the heart of Falmouth's sought-after Flats neighborhood, this classic 3-bedroom shingle-style cottage offers a rare chance to own a truly special waterfront property. Enjoy sweeping views across the river and front-row seats to stunning sunsets—all from the comfort of a dramatic living room with cathedral ceilings and floor-to-ceiling windows. The main level offers a first-floor bedroom and a full bath, ideal for easy single-level living. Upstairs, a primary bedroom with full bath and additional bedrooms provide plenty of space for guests or family. A finished lower level with tile flooring and a third full bathroom offers flexible space for recreation, storage, or expansion. A detached two-car garage adds convenience and functionality. Fresh interior paint and select updates provide a great starting point, but this home also presents a unique opportunity for someone with vision. Whether you choose to enhance the existing cottage or reimagine the site entirely, the setting is truly extraordinary.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,945
Year Built
- Built in 1973
Lot Details
- 0.49 Acre Lot
- 150 Feet of Waterfront
- Public Beach
- Level Lot
Parking
- 2 Car Detached Garage
- Driveway
Property Views
- Water
- Scenic Vista
- Woods
Home Design
- Cottage
- Concrete Foundation
- Wood Frame Construction
- Shingle Roof
- Clap Board Siding
- Concrete Perimeter Foundation
- Clapboard
Interior Spaces
- Cathedral Ceiling
- Wood Burning Fireplace
- Living Room
- Dining Room with Fireplace
- Bonus Room
- Wood Flooring
Kitchen
- Electric Range
- Microwave
- Dishwasher
- Trash Compactor
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- Main Floor Bedroom
- Primary bedroom located on second floor
- En-Suite Primary Bedroom
- Walk-In Closet
- 3 Full Bathrooms
- Bathtub
- Shower Only
Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Outdoor Features
- Access to Tidal Water
- Nearby Water Access
- Balcony
- Patio
- Porch
Location
- Property is near a golf course
- Suburban Location
Utilities
- No Cooling
- Heating System Uses Oil
- Baseboard Heating
- Hot Water Heating System
- Natural Gas Not Available
- Oil Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 187
- Assessor Parcel Number FMTH-000001U-000000-000187
Community Details
Overview
- No Home Owners Association
Recreation
- Country Club
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 25, 2025
Closed on
Oct 23, 2025
Sold by
Collins Douglas J
Bought by
Abbott Thomas B and Abbott Taylor
Seller's Agent
David Banks
RE/MAX By The Bay
Buyer's Agent
Alexa Oestreicher
Legacy Properties Sotheby's International Realty
List Price
$1,750,000
Sold Price
$1,600,000
Premium/Discount to List
-$150,000
-8.57%
Views
1101
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.00%
Original Mortgage
$1,000,000
Outstanding Balance
$998,981
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$612,237
Purchase Details
Listed on
Mar 25, 2025
Closed on
Mar 18, 2025
Sold by
Tidewater Cove Llc
Bought by
Collins Douglas J
Seller's Agent
NON-MREIS AGENT
Non MREIS Agency
Buyer's Agent
David Banks
RE/MAX By The Bay
List Price
$1,600,000
Sold Price
$1,600,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
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 | $1,600,000 | -- | |
| Warranty Deed | $1,600,000 | None Available | |
| Warranty Deed | $1,600,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,000,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/23/2025 10/23/25 | Sold | $1,600,000 | -4.5% | $639 / Sq Ft | |
| 09/16/2025 09/16/25 | Pending | -- | -- | -- | |
| 08/09/2025 08/09/25 | Price Changed | $1,675,000 | -4.3% | $669 / Sq Ft | |
| 06/25/2025 06/25/25 | For Sale | $1,750,000 | +9.4% | $699 / Sq Ft | |
| 03/25/2025 03/25/25 | For Sale | $1,600,000 | 0.0% | $738 / Sq Ft | |
| 03/19/2025 03/19/25 | Sold | $1,600,000 | -- | $738 / Sq Ft | View Prior Sale |
| 02/11/2025 02/11/25 | Pending | -- | -- | -- |
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 | $10,945 | $818,000 | $522,500 | $295,500 |
| 2023 | $10,326 | $816,900 | $522,500 | $294,400 |
| 2022 | $9,737 | $816,900 | $522,500 | $294,400 |
| 2021 | $12,374 | $709,900 | $537,200 | $172,700 |
| 2020 | $12,104 | $709,900 | $537,200 | $172,700 |
| 2019 | $11,976 | $709,900 | $537,200 | $172,700 |
| 2018 | $11,692 | $709,900 | $537,200 | $172,700 |
| 2017 | $11,089 | $709,900 | $537,200 | $172,700 |
| 2016 | $10,712 | $709,900 | $537,200 | $172,700 |
| 2015 | $10,386 | $709,900 | $537,200 | $172,700 |
| 2014 | $10,010 | $709,900 | $537,200 | $172,700 |
| 2012 | $9,534 | $709,900 | $537,200 | $172,700 |
Source: Public Records
Agents Affiliated with this Home
-
David Banks
-
N
Seller's Agent in 2025
NON-MREIS AGENT
Non MREIS Agency
-
Alexa Oestreicher
Buyer's Agent in 2025
Alexa Oestreicher
Legacy Properties Sotheby's International Realty
(207) 329-9307
19 in this area
158 Total Sales
Map
Source: Maine Listings
MLS Number: 1628112
APN: FMTH-000001U-000000-000187
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