5 Cherrywood Ln Falmouth, ME 04105
Outer Falmouth NeighborhoodEstimated Value: $953,000 - $1,342,000
3
Beds
3
Baths
2,954
Sq Ft
$378/Sq Ft
Est. Value
About This Home
This home is located at 5 Cherrywood Ln, Falmouth, ME 04105 and is currently estimated at $1,117,813, approximately $378 per square foot. 5 Cherrywood Ln 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
Jul 15, 2025
Sold by
Mckean Kimberly M
Bought by
White Margaret E
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
$967,748
Outstanding Balance
$966,931
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$150,882
Purchase Details
Closed on
May 25, 2012
Sold by
Milliken Karen L
Bought by
Mckean Kimberly M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
3%
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 |
---|---|---|---|
White Margaret E | $985,000 | -- | |
White Margaret E | $985,000 | -- | |
Mckean Kimberly M | -- | -- | |
Mckean Kimberly M | -- | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | White Margaret E | $967,748 | |
Closed | White Margaret E | $967,748 | |
Previous Owner | Mckean Kimberly M | $245,000 | |
Previous Owner | Platt David D | $150,500 | |
Previous Owner | Milliken Karen L | $290,000 | |
Previous Owner | Milliken Karen L | $300,000 |
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 | $9,921 | $741,500 | $70,000 | $671,500 |
2023 | $9,373 | $741,500 | $70,000 | $671,500 |
2022 | $8,839 | $741,500 | $70,000 | $671,500 |
2021 | $7,946 | $455,900 | $162,000 | $293,900 |
2020 | $7,773 | $455,900 | $162,000 | $293,900 |
2019 | $7,691 | $455,900 | $162,000 | $293,900 |
2018 | $7,509 | $455,900 | $162,000 | $293,900 |
2017 | $7,121 | $455,900 | $162,000 | $293,900 |
2016 | $6,880 | $455,900 | $162,000 | $293,900 |
2015 | $6,667 | $455,700 | $162,000 | $293,700 |
2014 | $6,425 | $455,700 | $162,000 | $293,700 |
2012 | -- | $473,700 | $180,000 | $293,700 |
Source: Public Records
Map
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