5 Summit Terrace Falmouth, ME 04105
Estimated Value: $894,000 - $991,000
4
Beds
3
Baths
2,988
Sq Ft
$314/Sq Ft
Est. Value
About This Home
This home is located at 5 Summit Terrace, Falmouth, ME 04105 and is currently estimated at $939,113, approximately $314 per square foot. 5 Summit Terrace is a home located in Cumberland County with nearby schools including Falmouth Middle School and Falmouth High School.
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Home Values in the Area
Average Home Value in this Area
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 | $9,005 | $673,000 | $226,400 | $446,600 |
| 2023 | $8,484 | $671,200 | $226,400 | $444,800 |
| 2022 | $8,001 | $671,200 | $226,400 | $444,800 |
| 2021 | $7,305 | $419,100 | $139,400 | $279,700 |
| 2020 | $7,146 | $419,100 | $139,400 | $279,700 |
| 2019 | $7,070 | $419,100 | $139,400 | $279,700 |
| 2018 | $6,903 | $419,100 | $139,400 | $279,700 |
| 2017 | $6,546 | $419,100 | $139,400 | $279,700 |
| 2016 | $6,324 | $419,100 | $139,400 | $279,700 |
| 2015 | $6,131 | $419,100 | $139,400 | $279,700 |
| 2014 | $5,768 | $419,100 | $139,400 | $279,700 |
| 2012 | -- | $419,100 | $139,400 | $279,700 |
Source: Public Records
Map
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