NOT LISTED FOR SALE

762 Somerset St Rumford, ME 04276

Estimated Value: $184,000 - $222,000

4 Beds
2 Baths
2,435 Sq Ft
$83/Sq Ft Est. Value

Last Sold August 12, 2021

Last sale price $158,500 $65 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,358/month

35 Days on Market

Highlights

  • Cape Cod Architecture
  • 1 Fireplace
  • Screened Porch
  • Main Floor Bedroom
  • No HOA
  • Home Office

About This Home

As of August 2021

Modified 1946 Cape with 9 room rooms, 4 bedrooms, 2 baths, partially finished basement. and detached 2 bay garage. .28 acre corner lot in desirable neighborhood neear a high school, recreational park, swimming hole and near grocery and convenient stores. #2148

Last Agent to Sell the Property

Roger Whitehouse

Riverside Realty Listed on: 05/21/2021

Last Buyer's Agent

Bruce Mason

Fontaine Family-The Real Estate Leader

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,746

Year Built

  • Built in 1946

Lot Details

  • 0.28 Acre Lot
  • Level Lot
  • Open Lot

Parking

  • 2 Car Detached Garage
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Driveway

Home Design

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

Interior Spaces

  • Multi-Level Property
  • 1 Fireplace
  • Family Room
  • Dining Room
  • Home Office
  • Screened Porch

Kitchen

  • Microwave
  • Dishwasher
  • Formica Countertops

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Bathtub

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Accessible Home Design

  • Doors are 32 inches wide or more

Utilities

  • No Cooling
  • Zoned Heating
  • Space Heater
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Oil Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 102
  • Assessor Parcel Number RUMF-000109-000000-000102

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,746

Year Built

Built in 1946

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.28
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: on Rte 2 Rumford to intersection of Lincoln Ave and Hancock turn on to Hancock Street and Rte 120 turn left at second left and Tasker Ave to top of the hill on the left!
  • Above Grade Finished Sq Ft: 1925.0
  • Architectural Style: Cape, Multi-Level
  • Garage Yn: Yes
  • Year Built: 1946
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 0.28
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1925.0
  • Property Information:SqFt Finished Below Grade: 510.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Vehicle Storage:Detached: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Dining Room:Dining Room: Yes
  • Primary Bedroom Amenities:Full Bath7: Yes
  • Floors:Laminate: Yes
  • Heat System:Multi-Zones: Yes
  • Style:Multi-Level: Yes
  • Amenities:Bathtub: Yes
  • Office:Office: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Family Room:Family Room: Yes
  • Property Information:Deed Restrictions: Unknown
  • Kitchen Countertop:Formica: Yes
  • Water Heater:Oil2: Yes
  • Laundry Room:Laundry Room: Yes
  • Heat System:Space Heater: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Dryer, Dishwasher
  • Accessibility Features: 32 - 36 Inch Doors
  • Has Basement: Bulkhead, Walk-Out Access, Finished, Full, Exterior Entry, Interior Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 510.0
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Bedroom, Bathtub, Pantry, Primary Bedroom w/Bath
  • Full Basement: Yes
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Second
  • Bedroom 4 Bedroom 4 Level: Second
  • Dining Room Dining Room Level: First
  • Primary Bedroom Primary Bedroom Level: First
  • Laundry Room Laundry Room Level: First

Exterior Features

  • Lot Features: Level, Open Lot, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Screened
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Paved, Garage Door Opener, Detached

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Space Heater, Multi-Zones, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Schools

  • Junior High Dist: RSU 10

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 12196.8
  • Parcel #: RUMF-000109-000000-000102
  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 2746.0
  • Tax Book Number: 2082
  • Tax Lot: 102
  • Tax Map Number: 109
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2021
Closed on
Aug 12, 2021
Sold by
Gallant Timothy J and Gallant Donna M
Bought by
Downs Michael E and Cunningham Jessica A
Seller's Agent
Roger Whitehouse
Riverside Realty
Buyer's Agent
Bruce Mason
Fontaine Family-The Real Estate Leader
List Price
$169,504
Sold Price
$158,500
Premium/Discount to List
-$11,004
-6.49%
Current Estimated Value
$201,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,971
Avg. Annual Appreciation
6.41%
Original Mortgage
$155,628
Outstanding Balance
$142,730
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$58,741

Purchase Details

Closed on
Apr 19, 2017
Sold by
Gallant Donna M and Gallant Timothy J
Bought by
Gallant Donna M and Gallant Timothy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
4.21%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 14, 2014
Sold by
Gallant Timothy A
Bought by
Gallant Timothy A and Gallant Donna M

Purchase Details

Closed on
Sep 21, 2010
Sold by
Goff William A
Bought by
Gallant Timothy
Source: Public Records

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Range of Values:

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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
Downs Michael E -- None Available
Gallant Donna M -- --
Gallant Timothy A -- --
Gallant Timothy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Downs Michael E $8,029
Closed Downs Michael E $3,599
Open Downs Michael E $14,574
Open Downs Michael E $155,628
Previous Owner Gallant Timothy J $93,000
Previous Owner Gallant Donna M $66,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2021 08/12/21 Sold $158,500 -6.5% $65 / Sq Ft
06/26/2021 06/26/21 Pending -- -- --
05/21/2021 05/21/21 For Sale $169,504 -- $70 / 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 $2,822 $169,800 $22,200 $147,600
2023 $2,695 $121,500 $15,900 $105,600
2022 $2,695 $121,500 $15,900 $105,600
2021 $2,728 $121,500 $15,900 $105,600
2020 $2,746 $121,500 $15,900 $105,600
2019 $3,256 $106,757 $12,000 $94,757
2018 $3,176 $106,757 $12,000 $94,757
2017 $3,080 $106,757 $12,000 $94,757
2016 $2,989 $106,757 $12,000 $94,757
2015 $2,930 $106,757 $12,000 $94,757
2014 $2,877 $106,757 $12,000 $94,757
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1492727

Maine Listings

APN: RUMF-000109-000000-000102