Seller's Agent in 2023
David Banks
RE/MAX
(207) 773-2345
24 in this area
1,124 Total Sales
70 Foreside Rd Cumberland Foreside, ME 04110
Cumberland Foreside NeighborhoodEstimated Value: $1,980,000 - $2,111,000
7
Beds
7
Baths
5,272
Sq Ft
$386/Sq Ft
Est. Value
Highlights
- Ocean Front
- Public Beach
- Colonial Architecture
- Mabel I. Wilson School Rated A-
- Country Club
- Dining Room with Fireplace
About This Home
As of March 2023The historic Gyger House is a composite of local architectural history. Representing four distinct eras of construction, this grand old home presides gracefully along a park-like stretch of Cumberland Foreside. With peaks of Casco Bay, the homesite is well elevated from the ocean, but close enough to see, smell, and luxuriate in its cooling summer sea breezes. The main foyer, part of the 1860s section, welcomes visitors to high ceilings and substantial moldings. A spacious dining room with a fireplace welcomes a large party, and down the hall to the 1920s addition you find the jewel of the house, a stunning living room with a wood burning fireplace and banks of windows and window seats along either side. Off the side of the home you'll find a gracious summer porch for al fresco dining and drinks. The kitchen is in the center of the home, where the 1780s section meets the 1860 home, and was renovated in 2005 to create a modern kitchen and sitting room, with french doors opening to the dreamlike backyard. Down the hall, an accessory apartment offers excellent guest space. Upstairs, 6 bedrooms offer generous spaces, offering flexibility to be used as at-home offices as the modern world requires. Outside, the grounds invoke an old-world feeling, enclosed by a cedar fence and superbly landscaped. Awaiting its new steward, this historic property is a rare offering in a coveted setting.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $15,677
Year Built
- Built in 1929
Lot Details
- 1.26 Acre Lot
- Ocean Front
- Property Fronts a Bay or Harbor
- Public Beach
- Landscaped
- Level Lot
- Open Lot
- Property is zoned LDR
Parking
- 3 Car Direct Access Garage
- Automatic Garage Door Opener
- Garage Door Opener
- Driveway
Home Design
- Colonial Architecture
- Concrete Foundation
- Stone Foundation
- Wood Frame Construction
- Wood Roof
- Wood Siding
- Concrete Perimeter Foundation
Interior Spaces
- 5,272 Sq Ft Home
- Wood Burning Fireplace
- Gas Fireplace
- Family Room with Fireplace
- Living Room with Fireplace
- Dining Room with Fireplace
- 4 Fireplaces
- Den
- Sun or Florida Room
- Water Views
- Eat-In Kitchen
- Laundry on upper level
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 7 Bedrooms
- Main Floor Bedroom
- Primary bedroom located on second floor
- En-Suite Primary Bedroom
- Walk-In Closet
- Bedroom Suite
Finished Basement
- Partial Basement
- Interior and Exterior Basement Entry
Utilities
- No Cooling
- Heating System Uses Gas
- Heating System Uses Oil
- Heat Pump System
- Heating System Mounted To A Wall or Window
- Hot Water Heating System
- Heating System Uses Steam
- Natural Gas Not Available
Additional Features
- Porch
- Property is near a golf course
Listing and Financial Details
- Legal Lot and Block A / 2
- Assessor Parcel Number CMBL-000003-U000000-000002-A000000
Community Details
Overview
- No Home Owners Association
Recreation
- Country Club
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 2, 2023
Closed on
Mar 1, 2023
Sold by
Judkins Tyler and Judkins Katherine
Bought by
Colacchio Nicholas D
Seller's Agent
David Banks
RE/MAX By The Bay
Buyer's Agent
Jeremy Lock
Waypoint Brokers Collective
List Price
$1,895,000
Sold Price
$1,920,000
Premium/Discount to List
$25,000
1.32%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,257
Avg. Annual Appreciation
2.65%
Original Mortgage
$1,536,000
Outstanding Balance
$1,488,895
Interest Rate
5.63%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$550,340
Purchase Details
Closed on
Jun 2, 2005
Sold by
Baldino James J and Baldino Rike
Bought by
Baldino James J and Baldino Rike
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Colacchio Nicholas D | $1,920,000 | None Available | |
| Baldino James J | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Colacchio Nicholas D | $1,536,000 | |
| Closed | Colacchio Nicholas | $288,000 | |
| Previous Owner | Judkins Tyler | $600,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/02/2023 03/02/23 | For Sale | $1,895,000 | -1.3% | $359 / Sq Ft |
| 03/01/2023 03/01/23 | Sold | $1,920,000 | +1.1% | $364 / Sq Ft |
| 01/31/2023 01/31/23 | Pending | -- | -- | -- |
| 04/19/2022 04/19/22 | Sold | $1,900,000 | -4.8% | $360 / Sq Ft |
| 03/16/2022 03/16/22 | Pending | -- | -- | -- |
| 03/10/2022 03/10/22 | For Sale | $1,995,000 | -- | $378 / Sq Ft |
Source: Maine Listings
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 | $18,100 | $778,500 | $234,400 | $544,100 |
| 2023 | $17,244 | $778,500 | $234,400 | $544,100 |
| 2022 | $16,504 | $778,500 | $234,400 | $544,100 |
| 2021 | $15,998 | $778,500 | $234,400 | $544,100 |
| 2020 | $15,842 | $778,500 | $234,400 | $544,100 |
| 2019 | $15,453 | $778,500 | $234,400 | $544,100 |
| 2018 | $14,552 | $738,700 | $234,400 | $504,300 |
| 2017 | $13,888 | $738,700 | $234,400 | $504,300 |
| 2016 | $13,481 | $738,700 | $234,400 | $504,300 |
| 2015 | $13,370 | $738,700 | $234,400 | $504,300 |
| 2014 | $12,853 | $738,700 | $234,400 | $504,300 |
| 2013 | $12,558 | $738,700 | $234,400 | $504,300 |
Source: Public Records
Agents Affiliated with this Home
-
David Banks
-
Jeremy Lock
J
Buyer's Agent in 2023
Jeremy Lock
Waypoint Brokers Collective
(207) 747-7871
1 in this area
61 Total Sales
Map
Source: Maine Listings
MLS Number: 1553204
APN: CMBL-000003-U000000-000002-A000000
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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