NOT LISTED FOR SALE

40 Somerset Unit 40C Freeport, ME 04032

Downtown Freeport Neighborhood

Estimated Value: $271,000 - $316,000

2 Beds
1 Bath
936 Sq Ft
$313/Sq Ft Est. Value

About This Home

This home is located at 40 Somerset Unit 40C, Freeport, ME 04032 and is currently estimated at $292,706, approximately $312 per square foot. 40 Somerset Unit 40C is a home located in Cumberland County with nearby schools including Morse Street School, Mast Landing School, and Freeport Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 1, 2021
Sold by
Rackley Carol L
Bought by
Randall Sara
Current Estimated Value
$292,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,730
Outstanding Balance
$167,485
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$118,079

Purchase Details

Closed on
Feb 23, 2016
Sold by
Zanardi Deborah E
Bought by
Rackley Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,600
Interest Rate
3.97%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 28, 2005
Sold by
Roux Charles C
Bought by
Zanardi Deborah E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,200
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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 Buyer Sale Price Title Company
Randall Sara -- None Available
Rackley Carol -- --
Zanardi Deborah E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Randall Sara $182,730
Previous Owner Rackley Carol $105,600
Previous Owner Zanardi Deborah E $98,600
Previous Owner Zanardi Deborah E $109,200
Source: Public Records

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 $2,478 $185,600 $80,000 $105,600
2023 $2,360 $171,600 $80,000 $91,600
2022 $2,206 $161,600 $70,000 $91,600
2021 $2,091 $156,600 $65,000 $91,600
2020 $2,055 $146,800 $65,000 $81,800
2019 $1,961 $137,100 $60,300 $76,800
2018 $1,976 $131,300 $60,300 $71,000
2017 $1,912 $127,900 $60,300 $67,600
2016 $1,880 $119,000 $56,400 $62,600
2015 $1,897 $112,900 $53,600 $59,300
Source: Public Records

Map

Maine Cumberland County Freeport 04032 Downtown Freeport

40 Somerset Unit 40C, Freeport, ME

This home is located at 40 Somerset Unit 40C, Freeport, ME 04032 and is currently estimated at $292,706, approximately $312 per square foot. 40 Somerset Unit 40C is a home located in Cumberland County with nearby schools including Morse Street School, Mast Landing School, and Freeport Middle School.

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