T
Seller's Agent in 2022
Tom Noonan
Allied Real Estate
(207) 838-7851
18 in this area
79 Total Sales
31 Forest Ln Cumberland, ME 04021
Estimated Value: $555,000 - $641,000
2
Beds
1
Bath
1,732
Sq Ft
$350/Sq Ft
Est. Value
Highlights
- 45 Feet of Waterfront
- Deep Water Access
- Cottage
- Docks
- Wooded Lot
- 6 Car Detached Garage
About This Home
As of August 2022unique lakeside home with a 'cottage ' feel. Sandy bottom frontage and a lot big enough for a 6 car garage, a freestanding workshop, a bunkhouse and a potting shed.
quick commute to Portland and one of the best school systems in Maine.
Last Buyer's Agent
Scott Bonney
Gammon Realty Group
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,812
Year Built
- Built in 1940
Lot Details
- 0.8 Acre Lot
- 45 Feet of Waterfront
- Lake Front
- Lot Has A Rolling Slope
- Wooded Lot
- Property is zoned Shoreland/VMDR
HOA Fees
- $2 Monthly HOA Fees
Parking
- 6 Car Detached Garage
- Gravel Driveway
Property Views
- Water
- Scenic Vista
Home Design
- Cottage
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- Gas Fireplace
- Family Room
- Living Room
- Dining Room
Kitchen
- Electric Range
- Formica Countertops
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary bedroom located on second floor
- 1 Full Bathroom
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Outdoor Features
- Deep Water Access
- Docks
Location
- Suburban Location
Utilities
- Air Conditioning
- Multiple cooling system units
- Heating System Uses Oil
- Baseboard Heating
- Hot Water Heating System
- Private Water Source
- Well
- Septic System
Community Details
- Forest Lake Association Subdivision
Listing and Financial Details
- Tax Lot 5
- Assessor Parcel Number CMBL-000022-U000000-000005
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 22, 2022
Closed on
Aug 4, 2022
Sold by
Mcafee Robert E
Bought by
Kennedy Benjamin R and Kennedy Hilarie F
Seller's Agent
Tom Noonan
Allied Real Estate
Buyer's Agent
Scott Bonney
Gammon Realty Group
List Price
$525,000
Sold Price
$545,000
Premium/Discount to List
$20,000
3.81%
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
$62,878
Avg. Annual Appreciation
3.20%
Original Mortgage
$463,250
Outstanding Balance
$442,778
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$163,587
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kennedy Benjamin R | $545,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kennedy Benjamin R | $463,250 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/04/2022 08/04/22 | Sold | $545,000 | +3.8% | $315 / Sq Ft |
| 06/28/2022 06/28/22 | Pending | -- | -- | -- |
| 06/22/2022 06/22/22 | For Sale | $525,000 | -- | $303 / 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 |
|---|---|---|---|---|
| 2025 | $8,347 | $331,500 | $213,300 | $118,200 |
| 2024 | $7,707 | $331,500 | $213,300 | $118,200 |
| 2023 | $7,343 | $331,500 | $213,300 | $118,200 |
| 2022 | $7,028 | $331,500 | $213,300 | $118,200 |
| 2021 | $6,812 | $331,500 | $213,300 | $118,200 |
| 2020 | $6,746 | $331,500 | $213,300 | $118,200 |
| 2019 | $6,580 | $331,500 | $213,300 | $118,200 |
| 2018 | $6,531 | $331,500 | $213,300 | $118,200 |
| 2017 | $6,232 | $331,500 | $213,300 | $118,200 |
| 2016 | $6,050 | $331,500 | $213,300 | $118,200 |
| 2015 | $6,000 | $331,500 | $213,300 | $118,200 |
| 2014 | $5,768 | $331,500 | $213,300 | $118,200 |
| 2013 | $5,636 | $331,500 | $213,300 | $118,200 |
Source: Public Records
Agents Affiliated with this Home
-
Tom Noonan
-
S
Buyer's Agent in 2022
Scott Bonney
Gammon Realty Group
Map
Source: Maine Listings
MLS Number: 1533598
APN: CMBL-000022-U000000-000005
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