NOT LISTED FOR SALE

31 Chestnut Ln Yarmouth, ME 04096

Estimated Value: $897,000 - $1,248,000

4 Beds
2.5 Baths
2,946 Sq Ft
$365/Sq Ft Est. Value

Last Sold November 17, 2020

Last sale price $660,000 $224 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $7,165/month

45 Days on Market

Highlights

  • Finished Room Over Garage
  • Colonial Architecture
  • Property is near public transit
  • William H. Rowe School Rated A-
  • Deck
  • Wood Flooring

About This Home

As of November 2020

Rare opportunity to purchase in this young but well established & maturing Yarmouth neighborhood, Village Run. Walk and bike to Main Street & Yarmouth Village, the schools and playing fields, Royal River as well as town paths and the famous sand pit! Enjoy this nearly 3000 sf sun filled Colonial offering 4 bedrooms, 2.5 baths, open first floor and finished basement. Additional amenities include composite trim, manufactured siding, natural gas high efficiency FHA heating system as well as central air cooling for the whole home! Surrounded by homes of much greater size and value, this home is offering an $8,000 allowance for landscape improvements which will help restore the exterior curb appeal. House is being sold in ''as is'' condition. Showings to begin Friday 8/21 between 8am-8pm, Saturday 8/22 between 8am-8pm and Sunday 8/23 between 8am-8pm. If offers are to be submitted, please deliver by Monday 8/24 12pm and allow the seller to respond by Tuesday 8/25 12pm. Please schedule showings through showing-time. Please follow state CDC Guidelines & Recommendations for Covid 19.

Last Agent to Sell the Property

Peter Molloy

Town & Shore Real Estate Listed on: 11/20/2020

Last Buyer's Agent

Nicholas Whiston

Townsend Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,695

Year Built

  • Built in 2017

Lot Details

  • 0.48 Acre Lot
  • Level Lot
  • Open Lot
  • Property is zoned MDR

HOA Fees

  • $109 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Finished Room Over Garage
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Gas Fireplace
  • Double Pane Windows
  • Living Room
  • Dining Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Bathtub
  • Shower Only

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Doghouse Basement Entry
  • Interior Basement Entry

Outdoor Features

  • Deck
  • Porch

Location

  • Property is near public transit
  • Property is near a golf course

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • Village Run Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Legal Lot and Block 004 / 105
  • Assessor Parcel Number YMTH-000046-000000-000105-000004

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,695

Year Built

Built in 2017

Lot Details

0

HOA Fees

$109 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.48
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: Village Run
  • Directions: Main Street to West Main St to right on Sligo Road to Left on Magnolia Lane to right on Chestnut Lane.
  • Above Grade Finished Sq Ft: 2426.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Efficiency: Double Pane Windows
  • Year Built: 2017
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.48
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2426.0
  • Property Information:SqFt Finished Below Grade: 520.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Location Information:Association Fee: 326.5
  • Location Information:Fee Frequency Paid: Quarterly
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Kitchen Countertop:Granite: Yes
  • Gas:Natural - On Site: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Heat Fuel:Gas Natural: Yes
  • Cooling:Central Air: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Kitchen Amenities:Island: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Walk-in Closet6: Yes
  • Room Features:Eat-in Kitchen2: Yes
  • Room Features:Island2: Yes
  • Room Features:Walk-in Closet17: Yes
  • Basement Entry:Doghouse: Yes
  • Heat System:Multi-Zones: Yes
  • Amenities:Bathtub: Yes
  • Style:Colonial: Yes
  • Gas:Natural - At Street: Yes
  • Amenities:Attic: Yes
  • Dining Room Amenities:Dining Area: Yes
  • Room Features:Dining Area2: Yes
  • Property Information:Deed Restrictions: Yes
  • Equipment:Cable: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Laundry Room:Laundry Room: Yes
  • Location:Near Railroad: Yes
  • Living Room Amenities:Gas Fireplace5: Yes
  • Room Features:Gas Fireplace29: Yes
  • Room Features:Above Garage28: Yes
  • Primary Bedroom Amenities:Above Garage7: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Dryer, Dishwasher
  • Has Basement: Walk-Out Access, Finished, Full, Doghouse, Interior Entry
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 520.0
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Attic, Bathtub, Shower, Primary Bedroom w/Bath
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: Second
  • Bedroom 1:Bedroom 1 Level: Second
  • Laundry Room Laundry Room Level: Second

Exterior Features

  • Lot Features: Level, Open Lot, Sidewalks, Near Golf Course, Near Shopping, Near Town, Neighborhood, Subdivided, Near Railroad
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Paved, Garage Door Opener, Inside Entrance

Utilities

  • Laundry Features: Upper Level
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Multi-Zones, Forced Air, Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 326.5
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Pets Allowed: Other Restrictions

Schools

  • Junior High Dist: Yarmouth Schools

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 20908.8
  • Parcel #: YMTH-000046-000000-000105-000004
  • Zoning: MDR

Tax Info

  • Tax Annual Amount: 9695.0
  • Tax Block: 105
  • Tax Book Number: 34416
  • Tax Lot: 004
  • Tax Map Number: 046
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2020
Closed on
Nov 17, 2020
Sold by
Alsaied Mohamed
Bought by
Morris Shannon and Morris Stephen D
Seller's Agent
Peter Molloy
Town & Shore Real Estate
Buyer's Agent
Nicholas Whiston
Townsend Real Estate
List Price
$675,000
Sold Price
$660,000
Premium/Discount to List
-$15,000
-2.22%
Current Estimated Value
$1,087,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$427,707
Avg. Annual Appreciation
11.21%
Original Mortgage
$528,000
Outstanding Balance
$476,232
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$614,644

Purchase Details

Listed on
Mar 10, 2017
Closed on
Oct 26, 2017
Sold by
Robie Holdings Llc
Bought by
Alsaied Mohamed
Seller's Agent
David Banks
RE/MAX By The Bay
Buyer's Agent
Peter Molloy
Berkshire Hathaway HomeServices Northeast Real Estate
List Price
$575,000
Sold Price
$575,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.56%
Original Mortgage
$517,500
Interest Rate
3.99%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
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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
Morris Shannon -- None Available
Alsaied Mohamed -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morris Shannon $528,000
Previous Owner Alsaied Mohamed $517,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2020 11/17/20 Sold $660,000 -2.2% $224 / Sq Ft
10/05/2020 10/05/20 Pending -- -- --
08/20/2020 08/20/20 For Sale $675,000 +17.4% $229 / Sq Ft
10/17/2017 10/17/17 Sold $575,000 0.0% $227 / Sq Ft
06/15/2017 06/15/17 Pending -- -- --
03/10/2017 03/10/17 For Sale $575,000 -- $227 / Sq Ft
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 $13,197 $514,100 $164,500 $349,600
2023 $12,102 $514,100 $164,500 $349,600
2022 $11,115 $514,100 $164,500 $349,600
2021 $10,179 $514,100 $164,500 $349,600
2020 $10,076 $514,100 $164,500 $349,600
2019 $9,696 $514,100 $164,500 $349,600
2018 $9,151 $514,100 $164,500 $349,600
2017 $8,190 $477,300 $164,500 $312,800
2016 $297 $17,400 $17,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1465358

Maine Listings

APN: YMTH-000046-000000-000105-000004