NOT LISTED FOR SALE

Estimated Value: $597,000 - $1,059,000

5 Beds
3 Baths
2,384 Sq Ft
$317/Sq Ft Est. Value

Last Sold September 16, 2016

Last sale price $360,000 $151 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $4,590/month

10 Days on Market

Highlights

  • 200 Feet of Waterfront
  • View of Trees or Woods
  • River Nearby
  • Falmouth Middle School Rated A
  • 5.5 Acre Lot
  • Colonial Architecture

About This Home

As of September 2016

Antique Colonial three unit apartment building with six bay garage (legal 2 unit). Wonderful owner occupied property with lots of room to store all your "toy's". Minimum of 1% EMD in the form of a certified bank check. Lender owned property being sold "as-is" and seller makes no representations or warranties. Any licensed agent purchasing a REO property from Seller as a “principal” will not receive the ‘selling portion’ of the sales commission. SELLER HAS DIRECTED HIGHEST & BEST OFFERS BY 7/26/16 BY 1:00 PM

Last Agent to Sell the Property

Kathleen Phillips LaBombard

Ocean Gate Realty, LLC. Listed on: 07/21/2016

Last Buyer's Agent

Joe Rotondi

Century 21 First Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,072

Year Built

  • Built in 1905

Lot Details

  • 5.5 Acre Lot
  • 200 Feet of Waterfront
  • River Front
  • Rural Setting
  • Wooded Lot

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Fiberglass Roof
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 2,384 Sq Ft Home
  • 3-Story Property
  • Views of Woods
  • Unfinished Basement
  • Exterior Basement Entry

Flooring

  • Wood
  • Carpet
  • Vinyl

Parking

  • Attached Garage
  • Common or Shared Parking
  • Shared Driveway

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Hot Water Heating System

Additional Features

  • River Nearby
  • Pasture

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 40
  • Assessor Parcel Number FMTH-000042U-000000-000040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,072

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 5.5
  • Road Surface Type: Paved
  • Water Body Name: Piscataqua
  • MLS Status: Closed
  • Directions: From Route 100 North take a right onto Falmouth Road. to 3rd house on left - 417 Falmouth Road
  • Above Grade Finished Sq Ft: 2384.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Building Stories: 3
  • Year Built: 1905
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 5.5
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2384.0
  • Property Information:Garage: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Exterior:Vinyl Siding: Yes
  • Driveway:Common2: Yes
  • Basement:Unfinished: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:Stone: Yes
  • Building Info:_pound_ Stories2: 3
  • Parking:On Site2: Yes
  • Style:Colonial: Yes
  • Parking:Paved3: Yes
  • Recreational Water:RiverBrookStream: Yes
  • Location:Rural: Yes
  • Water Info:Waterfront Amount -: 200.0
  • Water Info:Water Frontage Owned -: 200.0
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: Yes
  • View:Fields: Yes
  • Site:PastureField: Yes
  • Roof:Fiberglass: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Bulkhead, Exterior Entry, Unfinished
  • Full Bathrooms: 3
  • Fireplace: No
  • Flooring: Wood, Vinyl, Carpet

Exterior Features

  • Lot Features: Wooded, Pasture, Rural
  • View: Trees/Woods, Fields
  • Waterfront Features: River
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Stone
  • Roof: Fiberglass, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: 5 - 10 Spaces, Paved, Common, On Site

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 239580.0
  • Parcel #: FMTH-000042U-000000-000040
  • Zoning: VMU Shoreland

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 5072.0
  • Tax Book Number: 32983
  • Tax Lot: 40
  • Tax Map Number: U42
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 4, 2021
Sold by
Empire Development Llc
Bought by
River Oaks Dev Llc
Current Estimated Value
$754,772

Purchase Details

Closed on
Jul 5, 2005
Sold by
Adler Andrea E
Bought by
Lamb Donna and Lamb Ralph W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,000
Interest Rate
5.73%
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
River Oaks Dev Llc -- None Available
Lamb Donna -- --
Lamb Donna -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open River Oaks Dev Llc $1,200,000
Previous Owner Empire Development Llc $288,000
Previous Owner Lamb Donna $404,010
Previous Owner Lamb Donna $417,000
Previous Owner Lamb Donna $64,600
Previous Owner Lamb Donna $428,000
Previous Owner Lamb Donna $107,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2016 09/16/16 Sold $360,000 +25.5% $151 / Sq Ft
08/01/2016 08/01/16 Pending -- -- --
07/21/2016 07/21/16 For Sale $286,900 -- $120 / 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 $5,827 $435,500 $185,500 $250,000
2023 $9,769 $772,900 $211,900 $561,000
2022 $5,492 $460,700 $211,900 $248,800
2021 $5,694 $326,700 $137,700 $189,000
2020 $5,911 $346,700 $157,700 $189,000
2019 $5,849 $346,700 $157,700 $189,000
2018 $5,710 $346,700 $157,700 $189,000
2017 $5,415 $346,700 $157,700 $189,000
2016 $5,232 $346,700 $157,700 $189,000
2015 $5,072 $346,700 $157,700 $189,000
2014 $4,747 $346,700 $157,700 $189,000
2012 -- $346,700 $157,700 $189,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1275267

Maine Listings

APN: FMTH-000042U-000000-000040