Seller's Agent in 2021
David Banks
RE/MAX
(207) 773-2345
37 in this area
1,117 Total Sales
32 Valley Rd Cumberland Center, ME 04021
West Cumberland NeighborhoodEstimated Value: $1,023,000 - $1,254,000
4
Beds
3.5
Baths
3,481
Sq Ft
$323/Sq Ft
Est. Value
Highlights
- 7 Acre Lot
- Deck
- Wooded Lot
- Mabel I. Wilson School Rated A-
- Contemporary Architecture
- Wood Flooring
About This Home
As of July 2021A marvelous menagerie of Maine architecture on private acreage in the heart of Cumberland. With a unique clerestory set into a gambrel roof, the home's exterior architecture is modeled after the historic Tate House in Portland. Inside, the post and beam construction is a revelation and offers a flexible floorplan with abundant natural light. A three story exposed chimney soars through the heart of the home, with a soapstone woodstove on the first floor capable of heating the majority of the home. A remodeled kitchen features custom quartersawn oak cabinetry and granite countertops. A first floor bedroom suite connects through a media room or office which overlooks a sunroom on the southern end of the home. On the second floor, an open loft offers perfect work from home space, with the remainder of the floor being dedicated to an incredibly spacious primary suite with boundless potential. The third floor offers 2 additional bedrooms and a full bathroom, a study room, and a ''Captain's Lookout'' overlooking the treetops. Completing the home is a two story four car garage and a spotless basement for storage. On 7 private acres adjoining nearly 20 acres of conservation land, recreational opportunities abound for the nature lover. With a newer roof, newly rebuilt deck, well maintained exterior, and freshly sealed driveway, this home is ready for your summer enjoyment. Minutes to Cumberland Center, and a short commute to downtown Portland, this home offers the very best of Maine country living.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,720
Year Built
- Built in 1985
Lot Details
- 7 Acre Lot
- Level Lot
- Wooded Lot
- Property is zoned RR2
Parking
- 4 Car Garage
- Gravel Driveway
Home Design
- Contemporary Architecture
- Post and Beam
- Wood Frame Construction
- Fiberglass Roof
- Clap Board Siding
- Clapboard
Interior Spaces
- 3,481 Sq Ft Home
- 1 Fireplace
- Mud Room
- Living Room
- Dining Room
- Home Office
- Loft
- Sun or Florida Room
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Main Floor Bedroom
- Primary bedroom located on second floor
- En-Suite Primary Bedroom
- Walk-In Closet
- Bedroom Suite
Laundry
- Laundry Room
- Laundry on main level
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Outdoor Features
- Deck
Utilities
- No Cooling
- Heating System Uses Oil
- Heating System Uses Wood
- Baseboard Heating
- Hot Water Heating System
- Natural Gas Not Available
- Private Water Source
- Electric Water Heater
- Private Sewer
Community Details
- No Home Owners Association
Listing and Financial Details
- Legal Lot and Block A14 / A14
- Assessor Parcel Number CMBL-000008A-R000000-000014
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 20, 2021
Closed on
Jul 2, 2021
Sold by
Hockenberry Dean M and Hockenberry Victoria A
Bought by
Riggin Jessica and Newell Walker
Seller's Agent
David Banks
RE/MAX By The Bay
Buyer's Agent
David Banks
RE/MAX By The Bay
List Price
$799,000
Sold Price
$925,000
Premium/Discount to List
$126,000
15.77%
Total Days on Market
3
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
$198,226
Avg. Annual Appreciation
5.17%
Original Mortgage
$740,000
Outstanding Balance
$678,670
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$444,556
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 |
|---|---|---|---|
| Riggin Jessica | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Riggin Jessica | $740,000 | |
| Previous Owner | Grant Eric | $221,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/02/2021 07/02/21 | Sold | $925,000 | +15.8% | $266 / Sq Ft |
| 05/24/2021 05/24/21 | Pending | -- | -- | -- |
| 05/20/2021 05/20/21 | For Sale | $799,000 | -- | $230 / 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 |
|---|---|---|---|---|
| 2023 | $12,227 | $552,000 | $146,400 | $405,600 |
| 2022 | $10,734 | $506,300 | $146,400 | $359,900 |
| 2021 | $10,404 | $506,300 | $146,400 | $359,900 |
| 2020 | $9,225 | $453,300 | $146,400 | $306,900 |
| 2019 | $8,998 | $453,300 | $146,400 | $306,900 |
| 2018 | $9,072 | $460,500 | $146,400 | $314,100 |
| 2017 | $8,657 | $460,500 | $146,400 | $314,100 |
| 2016 | $8,404 | $460,500 | $146,400 | $314,100 |
| 2015 | $8,335 | $460,500 | $146,400 | $314,100 |
| 2014 | $8,013 | $460,500 | $146,400 | $314,100 |
| 2013 | $7,829 | $460,500 | $146,400 | $314,100 |
Source: Public Records
Agents Affiliated with this Home
-
David Banks
Map
Source: Maine Listings
MLS Number: 1492598
APN: CMBL-000008A-R000000-000014
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