NOT LISTED FOR SALE

56 Presidential Way Westbrook, ME 04092

Prides Corner Neighborhood

Estimated Value: $717,161 - $755,000

5 Beds
3 Baths
2,984 Sq Ft
$245/Sq Ft Est. Value

About This Home

This home is located at 56 Presidential Way, Westbrook, ME 04092 and is currently estimated at $731,540, approximately $245 per square foot. 56 Presidential Way is a home located in Cumberland County with nearby schools including Westbrook High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 5, 2020
Sold by
Patel Saeed G
Bought by
Patel Gulam M
Current Estimated Value
$731,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Outstanding Balance
$143,671
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$577,762

Purchase Details

Closed on
Jan 28, 2008
Sold by
Stclair Thomas D and Stclair Heather L
Bought by
Patel Gulam M and Patel Saeed G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,800
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Patel Gulam M -- None Available
Patel Gulam M -- None Available
Patel Gulam M -- --
Patel Gulam M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Gulam M $160,000
Closed Patel Gulam M $160,000
Previous Owner Patel Gulam M $246,800
Previous Owner Patel Gulam M $309,950
Previous Owner Patel Gulam M $332,800
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
2023 $7,748 $464,500 $134,300 $330,200
2022 $7,037 $388,800 $111,800 $277,000
2021 $6,932 $388,800 $111,800 $277,000
2020 $6,944 $388,800 $111,800 $277,000
2019 $6,944 $388,800 $111,800 $277,000
2018 $6,655 $342,800 $97,200 $245,600
2017 $6,472 $342,800 $97,200 $245,600
2016 $6,308 $342,800 $97,200 $245,600
2015 $6,157 $342,800 $97,200 $245,600
2014 $5,896 $342,800 $97,200 $245,600
2013 $5,896 $342,800 $97,200 $245,600
Source: Public Records

Map

Maine Cumberland County Westbrook 04092 Prides Corner

56 Presidential Way, Westbrook, ME

This home is located at 56 Presidential Way, Westbrook, ME 04092 and is currently estimated at $731,540, approximately $245 per square foot. 56 Presidential Way is a home located in Cumberland County with nearby schools including Westbrook High School.

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