NOT LISTED FOR SALE

5 Cottage Farms Rd Cumberland Center, ME 04021

Estimated Value: $617,154 - $692,000

4 Beds
1.5 Baths
1,846 Sq Ft
$357/Sq Ft Est. Value

Last Sold July 14, 2017

Last sale price $400,000 $217 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $4,154/month

Highlights

  • Colonial Architecture
  • Wood Flooring
  • 1 Fireplace
  • Mabel I. Wilson School Rated A-
  • Main Floor Bedroom
  • No HOA

About This Home

As of July 2017

This 4 bedroom, 1 full bath & 1 half bath includes kitchen with granite counter tops and pantry, dining room with wood floors and built-ins, living room with wood floors and fireplace, three season porch, master bedroom with wood floors, and attached two car garage on a corner lot in convenient Cumberland Center location.

Last Agent to Sell the Property

David Banks

RE/MAX By The Bay Listed on: 06/08/2017

RE/MAX By The Bay

Last Buyer's Agent

David Banks

RE/MAX By The Bay

RE/MAX By The Bay

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,110

Year Built

  • Built in 1964

Lot Details

  • 0.41 Acre Lot
  • Level Lot
  • Property is zoned MDR

Home Design

  • Colonial Architecture
  • Wood Frame Construction
  • Composition Roof
  • Clap Board Siding
  • Clapboard

Interior Spaces

  • 1 Fireplace
  • Living Room
  • Dining Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom

Finished Basement

  • Partial Basement
  • Interior and Exterior Basement Entry

Parking

  • Attached Garage
  • Driveway

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Hot Water Heating System
  • Natural Gas Not Available
  • Private Water Source
  • Oil Water Heater
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot A36
  • Assessor Parcel Number 5CottageFarmsRdCumberlandME04021

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,110

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.41
  • MLS Status: Closed
  • Directions: From Portland, North on Rt 9, left on Cottage Farms Rd
  • Above Grade Finished Sq Ft: 1696.0
  • Architectural Style: Colonial
  • Year Built: 1964
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.41
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1696.0
  • Property Information:SqFt Finished Below Grade: 150.0
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Basement:Partial: Yes
  • Roof:Composition2: Yes
  • Exterior:Clapboard: Yes
  • Style:Colonial: Yes
  • Sewer:Private Sewer: Yes
  • Water:Private2: Yes
  • Water Heater:Oil2: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: None

Interior Features

  • Has Basement: Finished, Partial, Exterior Entry, Bulkhead, Interior Entry
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 150.0
  • Fireplaces: 1
  • Fireplace: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Bedroom 4 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Level, Neighborhood
  • Waterfront: No
  • Construction Type: Clapboard, Wood Frame

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: 1 - 4 Spaces, Paved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 17859.6
  • Parcel #: 5CottageFarmsRdCumberlandME04021
  • Zoning: MDR

Tax Info

  • Tax Annual Amount: 5110.0
  • Tax Book Number: 8665
  • Tax Lot: A36
  • Tax Map Number: U13
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2017
Closed on
Jul 25, 2017
Sold by
Northway Audrey M and Northway Dane E
Bought by
Ouellette Jason and Ouellette Megan
Seller's Agent
David Banks
RE/MAX By The Bay
Buyer's Agent
David Banks
RE/MAX By The Bay
List Price
$395,000
Sold Price
$400,000
Premium/Discount to List
$5,000
1.27%
Current Estimated Value
$658,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,289
Avg. Annual Appreciation
6.10%
Original Mortgage
$300,000
Outstanding Balance
$252,840
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$393,314
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
Ouellette Jason -- --
Ouellette Jason -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ouellette Jason $300,000
Closed Ouellette Jason $300,000
Previous Owner Northway Audrey M $92,588
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2017 07/14/17 Sold $400,000 +1.3% $217 / Sq Ft
06/08/2017 06/08/17 Pending -- -- --
06/08/2017 06/08/17 For Sale $395,000 -- $214 / 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 $6,815 $293,100 $112,000 $181,100
2023 $6,492 $293,100 $112,000 $181,100
2022 $6,214 $293,100 $112,000 $181,100
2021 $6,023 $293,100 $112,000 $181,100
2020 $5,786 $284,300 $112,000 $172,300
2019 $5,643 $284,300 $112,000 $172,300
2018 $5,516 $280,000 $112,000 $168,000
2017 $5,264 $280,000 $112,000 $168,000
2016 $5,110 $280,000 $112,000 $168,000
2015 $5,068 $280,000 $112,000 $168,000
2014 $4,872 $280,000 $112,000 $168,000
2013 $4,760 $280,000 $112,000 $168,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1311411

Maine Listings

APN: CMBL-000013A-U000000-000036