$93,000
SOLD FEB 12, 2016

38 Mcdermott Way Falmouth, ME 04105

Outer Falmouth Neighborhood
1 Acre
$93,000 Price per Acre
43,560 Sq Ft Lot

Recently Sold

38% Below List Price

523 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Wooded Lot
  • Lot Has A Rolling Slope
  • Falmouth Middle School Rated A
  • No HOA

About This Lot

As of May 2021

Don't miss out on this beautiful deeded lakefront access property, including an old log cabin with foundation. Private year round road with mix of year round and seasonal homes. Survey recently completed value is in the land. A must see being sold in as is condition, close to Portland! Newly reduced price, call now!

Last Agent to Sell the Property

Ed Getty

Alliance Realty Listed on: 06/03/2014

Last Buyer's Agent

Jeffrey Mateja

Keller Williams Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,751

Lot Details

  • 1 Acre Lot
  • 50 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Dirt Road
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Property is zoned Shoreland

Parking

  • Gravel Driveway

Property Views

  • Water
  • Woods

Location

  • Suburban Location

Utilities

  • Electricity Not Available
  • Natural Gas Not Available
  • Water Not Available
  • Sewer Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 38McDermott WayFalmouthHL28

Property Details

Property Type

Land

Est. Annual Taxes

$1,751

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 1.0
  • Road Frontage Type: Private
  • Road Surface Type: Gravel
  • Water Body Name: Highland Lake
  • MLS Status: Closed
  • Directions: Mast Road to McDermott Way, to sign on property on left just past sharp corner.
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.0
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Roads:Private: Yes
  • Gas:No Gas: Yes
  • Location:Suburban: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 50.0
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Site:RollingSloping: Yes
  • Property Information:Deed Restrictions: Unknown
  • Electric:No Electric: Yes
  • Sewer:None4: Yes
  • Water:None5: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Rolling Slope, Wooded, Subdivided, Suburban
  • View: Trees/Woods
  • Waterfront Features: Lake
  • Waterfront: Yes

Garage/Parking

  • Parking Features: 1 - 4 Spaces, Gravel

Utilities

  • Electric: No Electric
  • Sewer: None
  • Water Source: None

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 43560.0
  • Parcel #: 38McDermott WayFalmouthHL28
  • Zoning: Shoreland

Tax Info

  • Tax Annual Amount: 1751.0
  • Tax Book Number: 27819
  • Tax Lot: 8
  • Tax Map Number: HL2
  • Tax Year: 1314

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2021
Closed on
May 14, 2021
Sold by
Blanchard Seth D and Blanchard Erica
Bought by
Andren Stefan A
Seller's Agent
Seth Blanchard
EXP Realty
Buyer's Agent
Rebekah Payne
RE/MAX Shoreline
List Price
$988,800
Sold Price
$1,430,000
Premium/Discount to List
$441,200
44.62%
Current Estimated Value
$1,605,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,721
Avg. Annual Appreciation
1.47%
Original Mortgage
$1,144,000
Outstanding Balance
$1,045,520
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$474,983

Purchase Details

Closed on
Aug 15, 2019
Sold by
Blanchard Seth
Bought by
Blanchard Seth D and Blanchard Erica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 3, 2014
Closed on
Feb 22, 2016
Sold by
Mcdermott Patricia K Est
Bought by
Blanchard Seth D
Seller's Agent
Ed Getty
Alliance Realty
Buyer's Agent
Jeffrey Mateja
Keller Williams Realty
List Price
$150,000
Sold Price
$93,000
Premium/Discount to List
-$57,000
-38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.32%
Original Mortgage
$69,750
Interest Rate
3.97%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed -- None Available
Quit Claim Deed -- --
Personal Reps Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,144,000 Purchase Money Mortgage
Previous Owner $325,000 New Conventional
Previous Owner $69,750 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2021 05/14/21 Sold $1,430,000 +44.6% $596 / Sq Ft
04/16/2021 04/16/21 Pending -- -- --
04/09/2021 04/09/21 For Sale $988,800 +963.2% $412 / Sq Ft
02/12/2016 02/12/16 Sold $93,000 -38.0% --
11/09/2015 11/09/15 Pending -- -- --
06/03/2014 06/03/14 For Sale $150,000 -- --
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 $14,509 $1,084,400 $602,600 $481,800
2023 $13,685 $1,082,700 $602,600 $480,100
2022 $12,984 $1,089,300 $602,600 $486,700
2021 $8,117 $465,700 $204,100 $261,600
2020 $7,940 $465,700 $204,100 $261,600
2019 $1,970 $116,800 $116,800 $0
2018 $2,166 $131,500 $116,800 $14,700
2017 $2,054 $131,500 $116,800 $14,700
2016 $1,977 $131,000 $116,300 $14,700
2015 $1,814 $124,000 $109,300 $14,700
2014 $1,748 $124,000 $109,300 $14,700
2012 $1,665 $124,000 $109,300 $14,700
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Seth Blanchard

    EXP Realty

  • R

    Buyer's Agent in 2021

    Rebekah Payne

    RE/MAX

  • E

    Seller's Agent in 2016

    Ed Getty

    Alliance Realty

    Section Image
  • Jeffrey Mateja

    Buyer's Agent in 2016

    Jeffrey Mateja

    Keller Williams Realty

    (207) 879-9800

    11 in this area

    935 Total Sales

    Section Image
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Map

Source: Maine Listings

MLS Number: 1138121

Maine Listings

APN: FMTH-000002H-000000-L000008

Maine Cumberland County Falmouth 04105 Outer Falmouth

38 Mcdermott Way, Falmouth, ME

This home is located at 38 Mcdermott Way, Falmouth, ME 04105 and is currently priced at $93,000. 38 Mcdermott Way is a home located in Cumberland County with nearby schools including Falmouth Middle School and Falmouth High School.

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