42 Durham Rd Freeport, ME 04032
Estimated payment $5,249/month
Highlights
- 2.2 Acre Lot
- Deck
- No HOA
- Mast Landing School Rated A
- Main Floor Bedroom
- Double Pane Windows
About This Home
Welcome to this stunning, newly built 2024 Cape Cod, ideally located just minutes from I-295 and downtown Freeport. This spacious 4-bedroom, 4-bath home offers over 2,700 square feet of thoughtfully designed living space, blending modern comfort with timeless style.
The first-floor primary suite provides ease and privacy, while the open-concept living, dining, and kitchen area is filled with natural light and quality finishes—perfect for everyday living and entertaining. Adding exceptional flexibility is a private 832-square-foot in-law apartment located above the garage, complete with its own entrance and comfortable living space. (There is also potential to connect the in-law suite to the main house.) Ideal for guests, extended family, or a private home office. Step outside to a large back deck overlooking a beautiful backyard—perfect for entertaining, gardening, or simply relaxing outdoors. This property presents an excellent opportunity for both owner-occupants and investors, with a strong rental history generating 3,500 per month for the main home and 2,500 per month for the in-law apartment. The layout and prime location make it well-suited for long-term or seasonal rentals. Enjoy all the benefits of new construction in a highly desirable location close to shopping, dining, and commuter routes.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,495
Year Built
- Built in 2024
Lot Details
- 2.2 Acre Lot
- Property is zoned RR-1
Parking
- 2 Car Garage
Home Design
- Shingle Roof
Interior Spaces
- 2,740 Sq Ft Home
- Double Pane Windows
- Vinyl Flooring
- Exterior Basement Entry
Bedrooms and Bathrooms
- 4 Bedrooms
- Main Floor Bedroom
Outdoor Features
- Deck
Utilities
- No Cooling
- Baseboard Heating
- Private Water Source
- Private Sewer
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 8
- Assessor Parcel Number FPRT-000016-000008
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $9,243 | $667,400 | $174,300 | $493,100 |
| 2024 | $6,495 | $486,500 | $166,000 | $320,500 |
| 2023 | $1,683 | $122,400 | $122,400 | $0 |
| 2022 | $1,451 | $106,300 | $106,300 | $0 |
| 2021 | $1,419 | $106,300 | $106,300 | $0 |
| 2020 | $1,378 | $98,400 | $98,400 | $0 |
| 2019 | $1,327 | $92,800 | $92,800 | $0 |
| 2018 | $1,276 | $84,800 | $84,800 | $0 |
| 2017 | $1,239 | $82,900 | $82,900 | $0 |
| 2016 | $1,240 | $78,500 | $78,500 | $0 |
| 2015 | $2,273 | $135,300 | $75,300 | $60,000 |
| 2014 | $2,349 | $148,700 | $75,300 | $73,400 |
| 2013 | $2,528 | $159,500 | $74,500 | $85,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/29/2026 01/29/26 | Price Changed | $895,000 | -3.2% | $327 / Sq Ft |
| 01/06/2026 01/06/26 | Price Changed | $925,000 | -2.6% | $338 / Sq Ft |
| 11/08/2025 11/08/25 | For Sale | $949,900 | 0.0% | $347 / Sq Ft |
| 11/05/2025 11/05/25 | Off Market | $949,900 | -- | -- |
| 11/05/2025 11/05/25 | For Sale | $949,900 | -- | $347 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Quit Claim Deed | $150,000 | None Available | |
| Quit Claim Deed | $150,000 | None Available | |
| Quit Claim Deed | $150,000 | None Available | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $6,645 | FHA |
Source: Maine Listings
MLS Number: 1641704
APN: FPRT-000016-000008
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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