NOT LISTED FOR SALE

62 Colonial Village Falmouth, ME 04105

Estimated Value: $445,000 - $533,394

2 Beds
2 Baths
1,162 Sq Ft
$425/mo HOA Fee

Last Sold June 10, 2022

Last sale price $476,000 $410 Per Sq Ft

Current estimated payment $3,281/month

3 Days on Market

Highlights

  • Nearby Water Access
  • Country Club
  • Deck
  • Falmouth Middle School Rated A
  • Cape Cod Architecture
  • Main Floor Bedroom

About This Home

As of June 2022

Completely renovated down to the studs in 2016, this single-level, well insulated, two-bedroom, two full bath condominium is a wonderful find! It's closer to downtown Portland than most homes in Portland are! With an attached garage, sunny deck, open layout and heat pumps for heating and air conditioning, this home can be ideal for remote work, retirement, downsizing, upsizing, or a second home getaway. Open concept layout, ,the white kitchen with tile backsplash provides ample cabinet space, great storage, a bar-height counter for entertaining and recessed lighting throughout that offers exceptional warmth.
Located adjacent to the dog-friendly trails of Pine Grove woods in the seaside community of Falmouth, ME, this 72 unit well-established condominium community is only ten minutes to downtown Portland which is ranked in the top 10 Best Places to Live in the United States by U.S. News & World Report. The region also ranks #4 by Sperling for Best Cities in America for Foodies. In addition, Portland is home to three universities and the state's law school.
A three-minute drive to shopping and dining in Falmouth, this Foreside Road property also is a short walk to Metro bus service, a ten minute drive to the AMTRAK station and a 15 minute drive to the Portland International Jetport. Mile-long beaches and island ferries are handy and the town is home to three private country clubs, a public boat landing, marina and yacht club as well as the 65 acre Maine Audubon Sanctuary and Mackworth Island.

Last Agent to Sell the Property

Mike LePage Beth Franklin

Portside Real Estate Group Listed on: 05/23/2022

Last Buyer's Agent

Tonya Collins

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,967

Year Built

  • Built in 1973

Lot Details

  • 7,013

HOA Fees

  • $425 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Driveway

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vertical Siding
  • Shingle Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,162 Sq Ft Home
  • Double Pane Windows
  • Living Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Nearby Water Access
  • Deck

Utilities

  • Cooling Available
  • Heat Pump System
  • Natural Gas Not Available
  • Electric Water Heater
  • Internet Available

Additional Features

  • Landscaped
  • Property is near a golf course

Listing and Financial Details

  • Legal Lot and Block 62 / 2
  • Assessor Parcel Number 62ColonialVillageFalmouth04105

Community Details

Overview

  • 3 Units
  • Colonial Village Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Country Club

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,967

Year Built

Built in 1973

Lot Details

0

HOA Fees

$425 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • MLS Status: Closed
  • Subdivision Name: Colonial Village
  • Directions: Route 88 to Entrance #2.
  • Above Grade Finished Sq Ft: 1162.0
  • Architectural Style: Cape
  • Garage Yn: Yes
  • Efficiency: Double Pane Windows
  • Year Built: 1973
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1162.0
  • Property Information:Garage: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Location Information:Association Fee: 425.0
  • Location Information:Fee Frequency Paid: Monthly
  • Property Information:Garage Spaces: 1.0
  • Exterior:Vinyl Siding: Yes
  • Heat System:Heat Pump: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Units in Building: 3
  • Cooling:Heat Pump3: Yes
  • Water Heater:Electric2: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Amenities:Walk-in Closets: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Full Bath7: Yes
  • Primary Bedroom Amenities:Walk-in Closet6: Yes
  • Room Features:Walk-in Closet17: Yes
  • Gas:No Gas: Yes
  • Amenities:Bathtub: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Recreational Water:Nearby: Yes
  • Basement:Slab2: Yes
  • Equipment:Internet Access Available: Yes
  • Property Information:Deed Restrictions: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Location:Near Country Club: Yes
  • Kitchen Countertop:Solid Surface: Yes
  • Exterior:Vertical Siding: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher
  • Has Basement: Not Applicable
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: Walk-in Closets, 1st Floor Primary Bedroom w/Bath, Bathtub
  • Bedroom 2 Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First

Exterior Features

  • Lot Features: Landscaped, Near Golf Course, Near Shopping
  • Waterfront: No
  • Construction Type: Vinyl Siding, Vertical Siding, Shingle Siding, Wood Frame
  • Foundation Details: Concrete Perimeter, Slab
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: 1 - 4 Spaces, Paved, Garage Door Opener, Inside Entrance

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 425.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: 2 Pets

Schools

  • Junior High Dist: Falmouth Public Schools

Lot Info

  • Land Lease: No
  • Parcel #: 62ColonialVillageFalmouth04105
  • Zoning: RA

Multi Family

  • Number Of Units In Community: 3

Tax Info

  • Tax Annual Amount: 2967.0
  • Tax Block: 2
  • Tax Book Number: 33373
  • Tax Lot: 62
  • Tax Map Number: U07
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2022
Closed on
Jun 10, 2022
Sold by
Payne Anthony M
Bought by
Chase Leslie R
Seller's Agent
Mike LePage Beth Franklin
Portside Real Estate Group
Buyer's Agent
Tonya Collins
Keller Williams Realty
List Price
$435,000
Sold Price
$476,000
Premium/Discount to List
$41,000
9.43%
Current Estimated Value
$475,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$901
Avg. Annual Appreciation
-0.06%
Original Mortgage
$400,000
Interest Rate
5.3%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Dec 28, 2015
Closed on
Aug 19, 2016
Sold by
Cuddy Michael J Est
Bought by
Payne Anthony M
Seller's Agent
Bill Trask
Bean Group
Buyer's Agent
Mike LePage Beth Franklin
Portside Real Estate Group
List Price
$200,000
Sold Price
$204,275
Premium/Discount to List
$4,275
2.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.67%
Original Mortgage
$153,205
Interest Rate
3.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 2005
Sold by
Wiley Ft and Keanney
Bought by
Cuddy Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Chase Leslie R $476,000 None Available
Chase Leslie R $476,000 None Available
Payne Anthony M -- --
Payne Anthony M -- --
Cuddy Michael J -- --
Cuddy Michael J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chase Leslie $417,600
Closed Chase Leslie R $400,000
Previous Owner Payne Anthony M $153,205
Previous Owner Cuddy Michael J $147,920
Previous Owner Cuddy Michael J $156,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2022 06/10/22 Sold $476,000 +9.4% $410 / Sq Ft
05/24/2022 05/24/22 Pending -- -- --
05/20/2022 05/20/22 For Sale $435,000 +112.9% $374 / Sq Ft
08/18/2016 08/18/16 Sold $204,275 +2.1% $176 / Sq Ft
03/11/2016 03/11/16 Pending -- -- --
12/27/2015 12/27/15 For Sale $200,000 -- $172 / 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 $3,895 $291,100 $63,200 $227,900
2023 $3,680 $291,100 $63,200 $227,900
2022 $3,470 $291,100 $63,200 $227,900
2021 $2,967 $170,200 $88,000 $82,200
2020 $2,902 $170,200 $88,000 $82,200
2019 $2,871 $170,200 $88,000 $82,200
2018 $2,803 $170,200 $88,000 $82,200
2017 $2,659 $170,200 $88,000 $82,200
2016 $2,476 $164,100 $88,000 $76,100
2015 $2,401 $164,100 $88,000 $76,100
2014 $2,173 $164,100 $88,000 $76,100
2012 -- $164,100 $88,000 $76,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1529148

Maine Listings

APN: FMTH-000007U-000002-000062