NOT LISTED FOR SALE

43 Lot 2 Cumberland Ave Saco, ME 04072

Central Saco Neighborhood

Estimated Value: $520,000 - $614,000

0.21 Acre
$2,778,481 Price per Acre
9,148 Sq Ft Lot

Last Sold March 30, 2018

Last sale price $65,000

Est. 798% increase in value since last sale

Current estimated payment $3,577/month

28 Days on Market

Highlights

  • No HOA
  • Saco Middle School Rated A-
  • Open Lot

About This Lot

As of March 2018

Great in town lot! City water and sewer at site in a well-established neighborhood! Won't last long!

Last Agent to Sell the Property

Joshua Plowman

Bean Group Listed on: 01/31/2018

Last Buyer's Agent

Josh Plowman

Bean Group

Property Details

Property Type

  • Land

Lot Details

  • 9,148 Sq Ft Lot
  • Open Lot
  • Property is zoned 19

Parking

  • No Driveway

Utilities

  • Water Not Available
  • Sewer Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot .247
  • Assessor Parcel Number SACO-000028-000019

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.21
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Ocean Park to Cumberland Ave
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.21
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Driveway:No Driveway: Yes
  • Sewer:None4: Yes
  • Water:None5: Yes
  • Utility Info Electric On Site: Yes
  • Advertising Remarks:Advertising Remarks: Great in town lot! City water and sewer at site in a well-established neighborhood! Won't last long!
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Open Lot, Near Town
  • Waterfront: No

Garage/Parking

  • Parking Features: No Driveway

Utilities

  • Electric: On Site
  • Sewer: None
  • Water Source: None

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 9147.6
  • Parcel #: SACO-000028-000019
  • Zoning: 19

Tax Info

  • Tax Annual Amount: 1948.0
  • Tax Lot: .247
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2023
Sold by
Cleaves David A and Cleaves Wendy A
Bought by
Fotheringham Kayla J and Fotheringham Kristofer W
Current Estimated Value
$583,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Outstanding Balance
$415,098
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$168,383

Purchase Details

Closed on
Jul 30, 2021
Sold by
Puentes Luis M and Ayala Maria I
Bought by
Cleaves David A and Cleaves Wendy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
2.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 7, 2019
Sold by
Weston Ventures Llc
Bought by
Weston Ventures Llc

Purchase Details

Closed on
Jan 31, 2019
Sold by
North Shore Dwellings Llc
Bought by
Ayala-Puentes Luis M and Ayala Maria I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 31, 2018
Closed on
Apr 2, 2018
Sold by
Plowman Development Group
Bought by
North Shore Dwellings Llc
Seller's Agent
Joshua Plowman
Bean Group
Buyer's Agent
Josh Plowman
Bean Group
List Price
$80,000
Sold Price
$65,000
Premium/Discount to List
-$15,000
-18.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.08%
Original Mortgage
$134,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2017
Sold by
Grace Robert Est and Hawkins
Bought by
Plowman Dev Group Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fotheringham Kayla J $550,000 None Available
Cleaves David A -- None Available
Weston Ventures Llc -- --
Ayala-Puentes Luis M -- --
North Shore Dwellings Llc -- --
Plowman Dev Group Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fotheringham Kayla J $425,000
Previous Owner Cleaves David A $332,000
Previous Owner Ayala-Puentes Luis M $261,000
Previous Owner North Shore Dwellings Llc $134,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2018 03/30/18 Sold $65,000 -18.8% --
03/01/2018 03/01/18 Pending -- -- --
01/31/2018 01/31/18 For Sale $80,000 -- --
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 $6,054 $430,900 $117,900 $313,000
2023 $6,350 $430,500 $117,900 $312,600
2022 $5,642 $307,800 $89,800 $218,000
2021 $5,415 $286,800 $80,200 $206,600
2020 $5,085 $258,500 $70,600 $187,900
2019 $5,010 $258,500 $70,600 $187,900
2018 $1,961 $101,200 $66,800 $34,400
2017 $2,076 $107,100 $66,800 $40,300
2016 $1,948 $100,300 $58,900 $41,400
2015 $1,916 $99,700 $58,900 $40,800
2014 $1,856 $99,700 $58,900 $40,800
2013 $1,852 $99,700 $58,900 $40,800
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Joshua Plowman

    Bean Group

  • J

    Buyer's Agent in 2018

    Josh Plowman

    Bean Group

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Map

Source: Maine Listings

MLS Number: 1337547

Maine Listings

APN: SACO-000028-000019

Maine York County Saco 04072 Central Saco

43 Lot 2 Cumberland Ave, Saco, ME

Not Listed for Sale

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