NOT LISTED FOR SALE

8 Cascade Dr Unit A2 Newry, ME 04261

Estimated Value: $366,000 - $411,000

1 Bed
1 Bath
528 Sq Ft
$380/mo HOA Fee

Last Sold June 10, 2019

Last sale price $167,000 $316 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $2,535/month

1 Day on Market

Highlights

  • Ski Resort
  • Mountain View
  • Furnished
  • In Ground Pool
  • Deck
  • Zoned Heating

About This Home

As of June 2019

Desirable one bedroom slopeside condominium at Cascades, in the heart of the South Ridge Base Area. This meticulously maintained condo has been freshly painted throughout and features many upgrades including new carpeting, updated kitchen flooring, new baseboard heaters, new fixtures, and new quality furnishings, to name a few. Very appealing and move-in condition. Cascades offers an indoor heated pool, hot tub, common room with fireplace, & an unbeatable location.

Last Agent to Sell the Property

Margie Finley

Sunday River Real Estate Listed on: 04/24/2019

Last Buyer's Agent

Cindy Hiebert

Mahoosuc Realty, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $972

Year Built

  • Built in 1987

Lot Details

  • Property fronts a private road
  • Street terminates at a dead end
  • Lot Has A Rolling Slope

HOA Fees

  • $380 Monthly HOA Fees

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 528 Sq Ft Home
  • Multi-Level Property
  • Furnished
  • Mountain Views

Kitchen

  • Electric Range
  • Microwave
  • Formica Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Common or Shared Parking
  • Gravel Driveway
  • Shared Driveway
  • On-Site Parking

Outdoor Features

  • In Ground Pool
  • Deck

Utilities

  • No Cooling
  • Zoned Heating
  • Baseboard Heating
  • Programmable Thermostat
  • Natural Gas Not Available
  • Private Water Source
  • Well
  • Electric Water Heater
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot A-2
  • Assessor Parcel Number NEWR-000001-000000-A000000-000002C

Community Details

Overview

  • 72 Units
  • Cascades Hoa Subdivision
  • The community has rules related to deed restrictions

Amenities

  • Coin Laundry
  • Community Storage Space

Recreation

  • Ski Resort

Property Details

Home Type

Condominium

Est. Annual Taxes

$972

Year Built

Built in 1987

Lot Details

0

HOA Fees

$380 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: Private
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: Cascades HOA
  • Directions: Route 2 to Sunday River Road, follow signs to Sunday River Ski Resort and to Cascades condominium complex.
  • Above Grade Finished Sq Ft: 528.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Efficiency: Programmable Thermostat
  • Year Built: 1987
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 528.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Pool-In Ground: Yes
  • Amenities:Storage: Yes
  • Location Information:Association Fee: 1139.0
  • Location Information:Fee Frequency Paid: Quarterly
  • Roads:Private: Yes
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Rental Allowed: Yes
  • Condominium:Units in Building: 72
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Exterior:Clapboard: Yes
  • Heat System:Multi-Zones: Yes
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Roads:Dead End: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Equipment:Internet Access Available: Yes
  • Site:RollingSloping: Yes
  • Property Information:Deed Restrictions: Yes
  • Water:Well Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Kitchen Countertop:Formica: Yes
  • Equipment:Cable: Yes
  • View:Mountain(s): Yes
  • Amenities:Furniture Included: Yes
  • Location:Ski Resort: Yes
  • Sewer:Quasi-Public: Yes
  • Energy Efficiency:Programmable Thermostat: Yes
  • Condominium:Total Units4: 72
  • Condominium:_pound_ of Buildings: 1
  • Amenities:Laundry - Coin: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Microwave, Electric Range
  • Has Basement: Full, Walk-Out Access
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Interior Amenities: Furniture Included, Storage
  • Full Basement: Yes

Exterior Features

  • Lot Features: Rolling Slope, Ski Resort
  • Pool Features: In Ground
  • View: Mountain(s)
  • Waterfront: No
  • Construction Type: Clapboard, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel, Common, On Site

Utilities

  • Laundry Features: Laundry - Coin
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Quasi-Public
  • Utilities: Utilities On
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association Fee: 1139.0
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Parcel #: NEWR-000001-000000-A000000-000002C
  • Zoning: GenDev

Multi Family

  • Number Of Units In Community: 72
  • Number Of Units Total: 72

Tax Info

  • Tax Annual Amount: 972.0
  • Tax Lot: A-2
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2019
Closed on
Jun 5, 2019
Sold by
Friedman Mark D and Friedman Patricia L
Bought by
Dehner Ft
Seller's Agent
Margie Finley
Sunday River Real Estate
Buyer's Agent
Cindy Hiebert
Mahoosuc Realty, Inc.
List Price
$165,000
Sold Price
$167,000
Premium/Discount to List
$2,000
1.21%
Current Estimated Value
$386,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,541
Avg. Annual Appreciation
14.04%
Original Mortgage
$133,600
Outstanding Balance
$117,703
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$268,838

Purchase Details

Closed on
May 17, 2018
Sold by
King Daniel J
Bought by
Friedman Mark D and Friedman Patricia L
Source: Public Records

Range of Values:

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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
Dehner Ft -- --
Friedman Mark D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dehner Ft $133,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2019 06/10/19 Sold $167,000 +1.2% $316 / Sq Ft
04/26/2019 04/26/19 Pending -- -- --
04/24/2019 04/24/19 For Sale $165,000 -- $313 / 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 $1,581 $298,300 $149,500 $148,800
2023 $1,537 $180,800 $115,000 $65,800
2022 $1,510 $180,800 $115,000 $65,800
2021 $1,446 $180,800 $115,000 $65,800
2020 $963 $90,000 $9,000 $81,000
2019 $963 $90,000 $9,000 $81,000
2018 $972 $90,000 $9,000 $81,000
2017 $872 $90,000 $9,000 $81,000
2016 $837 $90,000 $9,000 $81,000
2015 $852 $90,000 $9,000 $81,000
2014 $815 $90,000 $9,000 $81,000
2013 $807 $90,000 $9,000 $81,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1411342

Maine Listings

APN: NEWR-000001-000000-A000000-000002C