NOT LISTED FOR SALE

525 Us Route 1 Freeport, ME 04032

Estimated Value: $414,000

4 Beds
2 Baths
2,469 Sq Ft
$168/Sq Ft Est. Value

About This Home

This home is located at 525 Us Route 1, Freeport, ME 04032 and is currently priced at $414,000, approximately $167 per square foot. 525 Us Route 1 is a home located in Cumberland County with nearby schools including Morse Street School, Mast Landing School, and Freeport Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2016
Sold by
Mbc Re Holdings Llc
Bought by
Mbc Re Holdings Llc
Current Estimated Value
$414,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,405,162
Outstanding Balance
$2,768,241
Interest Rate
3.57%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 8, 2016
Sold by
Williams Michelle
Bought by
Caceres Stephanie L and Caceres Marco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,405,162
Outstanding Balance
$2,768,241
Interest Rate
3.57%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 27, 2011
Sold by
Terp Llc
Bought by
Welsher Michael J and Deschenes Lisa A
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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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
Mbc Re Holdings Llc -- --
Caceres Stephanie L -- --
Welsher Michael J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mbc Re Holdings Llc $3,405,162
Closed Mbc Re Holdings Llc $1,393,816
Closed Mbc Re Holdings Llc $1,427,000
Closed Mbc Re Holdings Llc $500,000
Previous Owner Beer Barn Llc $648,750
Previous Owner Terpstra Andrew $100,000
Source: Public Records

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 $141,757 $10,618,500 $1,202,200 $9,416,300
2023 $146,004 $10,618,500 $1,201,000 $9,417,500
2022 $144,943 $10,618,500 $1,201,000 $9,417,500
2021 $145,233 $10,878,900 $1,201,000 $9,677,900
2020 $137,171 $9,797,900 $1,112,100 $8,685,800
2019 $142,495 $9,964,700 $1,141,900 $8,822,800
2018 $85,201 $5,661,200 $1,141,100 $4,520,100
2017 $27,886 $1,865,300 $1,140,900 $724,400
2016 $4,020 $254,400 $94,100 $160,300
Source: Public Records

Map

Maine Cumberland County Freeport 04032

525 Us Route 1, Freeport, ME

This home is located at 525 Us Route 1, Freeport, ME 04032 and is currently priced at $414,000, approximately $167 per square foot. 525 Us Route 1 is a home located in Cumberland County with nearby schools including Morse Street School, Mast Landing School, and Freeport Middle School.

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