40 S Ridge Road (Lot 5) Falmouth, ME 04105
Outer Falmouth NeighborhoodEstimated Value: $1,000,000 - $1,261,000
3
Beds
3
Baths
1,795
Sq Ft
$616/Sq Ft
Est. Value
About This Home
This home is located at 40 S Ridge Road (Lot 5), Falmouth, ME 04105 and is currently estimated at $1,106,435, approximately $616 per square foot. 40 S Ridge Road (Lot 5) is a home located in Cumberland County with nearby schools including Falmouth Middle School and Falmouth High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 31, 2021
Sold by
Farr Thomas G
Bought by
Osborn Jenileigh H and Matichak Jonathan D
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Outstanding Balance
$568,273
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$476,833
Purchase Details
Closed on
Sep 28, 2017
Sold by
Preserve At South Ridge
Bought by
Farr Thomas G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Interest Rate
3.35%
Mortgage Type
Adjustable Rate Mortgage/ARM
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 |
---|---|---|---|
Osborn Jenileigh H | -- | None Available | |
Farr Thomas G | -- | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Osborn Jenileigh H | $620,000 | |
Previous Owner | Farr Thomas G | $424,000 | |
Previous Owner | Farr Thomas | $36,000 |
Source: Public Records
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 |
---|---|---|---|---|
2024 | $10,701 | $799,800 | $276,800 | $523,000 |
2023 | $10,083 | $797,700 | $276,800 | $520,900 |
2022 | $9,509 | $797,700 | $276,800 | $520,900 |
2021 | $8,764 | $502,800 | $173,300 | $329,500 |
2020 | $8,573 | $502,800 | $173,300 | $329,500 |
2019 | $8,482 | $502,800 | $173,300 | $329,500 |
2018 | $8,281 | $502,800 | $173,300 | $329,500 |
2017 | $7,780 | $498,100 | $173,300 | $324,800 |
2016 | $1,672 | $110,800 | $110,800 | $0 |
2015 | $306 | $20,900 | $20,900 | $0 |
2014 | $295 | $20,900 | $20,900 | $0 |
Source: Public Records
Map
Nearby Homes
- 38 S Ridge Rd
- 34 S Ridge Rd
- 40 S Ridge Rd
- 37 S Ridge Rd
- 33 S Ridge Rd
- 39 S Ridge Rd
- 39 S Ridge Rd
- 31 S Ridge Rd
- 31 S Ridge Rd Unit Lot 17
- 32 S Ridge Rd
- 42 S Ridge Rd
- 41 S Ridge Rd
- 33 S Ridge Road (Lot 16)
- 30 S Ridge Rd
- 44 S Ridge Rd
- 27 S Ridge Rd Unit Lot 18
- 27 S Ridge Rd
- 43 S Ridge Rd
- 43 S Ridge Rd
- 23 S Ridge Rd