NOT LISTED FOR SALE

331 Foreside Rd Falmouth, ME 04105

Estimated Value: $3,333,000 - $3,638,523

5 Beds
4.5 Baths
5,324 Sq Ft
$655/Sq Ft Est. Value

Last Sold May 31, 2012

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

Est. 80% increase in value since last sale

Current estimated payment $22,860/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 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
  • Contract Information:List PriceSqFt: 364.39
  • 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
  • Advertising Remarks:Advertising Remarks: 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!
  • 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 Lot: 9B
  • 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
$3,485,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,545,762
Avg. Annual Appreciation
4.40%
Original Mortgage
$410,000
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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

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 List to Sale Price per Sq Ft
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

  • Section Image
  • Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1041268

Maine Listings

APN: FMTH-000018U-000009-B000000