NOT LISTED FOR SALE

331 Foreside Rd Falmouth, ME 04105

Estimated Value: $2,520,000 - $4,629,438

5 Beds
4.5 Baths
5,324 Sq Ft
$671/Sq Ft Est. Value

Last Sold May 31, 2012

Last sale price $1,940,000 $364 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $23,529/month

42 Days on Market

Highlights

  • 230 Feet of Waterfront
  • Country Club
  • Colonial Architecture
  • Falmouth Middle School Rated A
  • 2.48 Acre Lot
  • Family Room with Fireplace

About This Home

As of May 2012

Oceanfront estate w/230ft of frontage on Casco Bay. This classic Colonial is situated on beautiful 2.5 acre lot w/sweeping views. The home features 5 BR's, 4 BA, 3 fireplaces, gracious living and dining rooms, library and large in-law apt. One of a kind!

Last Agent to Sell the Property

David Banks

RE/MAX By The Bay Listed on: 02/01/2012

RE/MAX By The Bay

Last Buyer's Agent

Mike LePage Beth Franklin

Portside Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,282

Year Built

  • Built in 1964

Lot Details

  • 2.48 Acre Lot
  • 230 Feet of Waterfront
  • Ocean Front
  • Property fronts a private road
  • Landscaped
  • Open Lot

Home Design

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

Interior Spaces

  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Library with Fireplace
  • Water Views
  • Laundry on main level

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • In-Law or Guest Suite

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Parking

  • Direct Access Garage
  • Driveway

Location

  • Property is near a golf course

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Hot Water Heating System
  • Septic System
  • Private Sewer

Listing and Financial Details

  • Tax Lot 9B
  • Assessor Parcel Number 331Foreside RoadFalmouthU189B

Community Details

Overview

  • No Home Owners Association

Recreation

  • Country Club

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,282

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.48
  • Road Frontage Type: Private
  • Road Surface Type: Paved
  • Water Body Name: Casco Bay
  • MLS Status: Closed
  • Directions: Route 1 Falmouth to Foreside Road to #331 on right.
  • Above Grade Finished Sq Ft: 4487.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Year Built: 1964
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 2.48
  • Property Information:Total Baths: 5.0
  • Property Information:SqFt Finished Above Grade: 4487.0
  • Property Information:SqFt Finished Below Grade: 837.0
  • Property Information:Garage: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Basement:Daylight: Yes
  • Percent Basement Finished: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Electric Range: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Roads:Private: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Style:Colonial: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Recreational Water:Oceanfront: Yes
  • Living Room Amenities:Wood Burning Fireplace14: Yes
  • Water Info:Waterfront Amount -: 230.0
  • Water Info:Water Frontage Owned -: 230.0
  • Family Room:Family Room: Yes
  • Sewer:Septic Existing on Site: Yes
  • Location:Near Country Club: Yes
  • Exterior:Brick: Yes
  • Amenities:In-Law Apartment: Yes
  • Library:Library: Yes
  • Washer/Dryer Other Location: Yes
  • Family Room Amenities:Wood Burning Fireplace10: Yes
  • Library Amenities:Wood Burning Fireplace13: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Electric Range, Dishwasher
  • Has Basement: Daylight, Finished, Full, Walk-Out Access
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 837.0
  • Interior Amenities: 1st Floor Bedroom, In-Law Floorplan, Primary Bedroom w/Bath
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Bedroom 4 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

Exterior Features

  • Lot Features: Open Lot, Landscaped, Near Golf Course, Other
  • Waterfront Features: Ocean
  • Waterfront: Yes
  • Construction Type: Shingle Siding, Brick, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: 5 - 10 Spaces, Paved, Inside Entrance

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 108028.8
  • Parcel #: 331Foreside RoadFalmouthU189B
  • Zoning: RES

Tax Info

  • Tax Annual Amount: 37282.0
  • Tax Book Number: 7984
  • Tax Lot: 9B
  • Tax Map Number: U18
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2012
Closed on
Jun 1, 2012
Sold by
Mclean Mary A
Bought by
Smith Melissa D
Seller's Agent
David Banks
RE/MAX By The Bay
Buyer's Agent
Mike LePage Beth Franklin
Portside Real Estate Group
List Price
$2,200,000
Sold Price
$1,940,000
Premium/Discount to List
-$260,000
-11.82%
Current Estimated Value
$3,574,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,634,719
Avg. Annual Appreciation
4.70%
Original Mortgage
$410,000
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage
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
Smith Melissa D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Smith Melissa D $410,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2012 05/31/12 Sold $1,940,000 -11.8% $364 / Sq Ft
03/21/2012 03/21/12 Pending -- -- --
02/07/2012 02/07/12 For Sale $2,200,000 -- $413 / 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 $55,807 $4,170,900 $2,771,100 $1,399,800
2023 $52,653 $4,165,600 $2,771,100 $1,394,500
2022 $42,259 $3,545,200 $2,309,100 $1,236,100
2021 $43,230 $2,480,200 $1,927,300 $552,900
2020 $43,762 $2,566,700 $1,927,300 $639,400
2019 $43,300 $2,566,700 $1,927,300 $639,400
2018 $42,274 $2,566,700 $1,927,300 $639,400
2017 $40,092 $2,566,700 $1,927,300 $639,400
2016 $38,732 $2,566,700 $1,927,300 $639,400
2015 $36,907 $2,522,700 $1,927,300 $595,400
2014 $35,570 $2,522,700 $1,927,300 $595,400
2012 -- $2,716,100 $2,360,100 $356,000
Source: Public Records

Agents Affiliated with this Home

  • David Banks

    Seller's Agent in 2012

    David Banks

    RE/MAX

    (207) 773-2345

    48 in this area

    1,083 Total Sales

    David Banks
    Section Image

  • M

    Buyer's Agent in 2012

    Mike LePage Beth Franklin

    Portside Real Estate Group

    (207) 831-5422

    2 in this area

    92 Total Sales

    Mike LePage Beth Franklin
    Section Image

  • M

    Buyer's Agent in 2012

    Michel LePa Elizabeth Franklin

    Portside Real Estate Group

See All Agents

Map

Source: Maine Listings

MLS Number: 1041268

Maine Listings

APN: FMTH-000018U-000009-B000000

Maine Cumberland County Falmouth 04105

331 Foreside Rd, Falmouth, ME

This home is located at 331 Foreside Rd, Falmouth, ME 04105 since 01 February 2012 and is currently estimated at $3,574,719, approximately $671 per square foot. This property was built in 1964. 331 Foreside Rd is a home located in Cumberland County with nearby schools including Falmouth Middle School, Falmouth High School, and Friends School Of Portland.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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