NOT LISTED FOR SALE

8 Cascade Dr Unit B15 Newry, ME 04261

Estimated Value: $169,000 - $304,000

-- Bed
1 Bath
377 Sq Ft
$269/mo HOA Fee

Last Sold June 28, 2018

Last sale price $78,000 $207 Per Sq Ft

Est. 230% increase in value since last sale

Current estimated payment $1,778/month

75 Days on Market

Highlights

  • Ski Resort
  • In Ground Pool
  • Wooded Lot
  • Country Club
  • Deck
  • Furnished

About This Home

As of June 2018

Nicely furnished updated studio unit located in the desirable Cascades slopeside condominiums at Sunday River. Great ski-in/ski-out access with large private owner ski locker, indoor heated pool, hot tub and sauna. Excellent rental potential and centrally located above South Ridge and below Barker Mountain Lodge. Cascades offers easy, direct access to Broadway trail leading to the South Ridge base area which is home to several restaurants, food courts, equipment rentals, retail options and ski lessons. Cascades offers easy access to the Chondola and Sunday River Express lifts in the South Ridge base area. The Chondola services night skiing in the winter and during the summer months offers scenic chairlift rides, hiking, geocaching adventures and mountain biking.

Last Listed By

Matthew Hiebert

Mahoosuc Realty, Inc. Listed on: 03/06/2018

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $678

Year Built

  • Built in 1984

Lot Details

  • Landscaped
  • Open Lot
  • Wooded Lot

HOA Fees

  • $269 Monthly HOA Fees

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Metal Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 377 Sq Ft Home
  • Furnished

Kitchen

  • Electric Range
  • Formica Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 1 Full Bathroom
  • Bathtub
  • Shower Only

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Parking

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

Outdoor Features

  • In Ground Pool
  • Deck

Location

  • Property is near a golf course

Utilities

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

Listing and Financial Details

  • Tax Lot B-15
  • Assessor Parcel Number NEWR-000001-000000-B000000-000015C

Community Details

Overview

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

Amenities

  • Coin Laundry
  • Community Storage Space

Recreation

  • Country Club
  • Ski Resort

Property Details

Home Type

Condominium

Est. Annual Taxes

$678

Year Built

Built in 1984

Lot Details

0

HOA Fees

$269 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Co List Office Mls Id: 1544
  • Co List Office Phone: 207-824-2771
  • MLS Status: Closed
  • Subdivision Name: Cascades Condominium Association
  • Directions: Route 2 east to Sunday River Road. From South Ridge Base Area, take Hotel Hill Road, Cascades is first building on right.
  • Above Grade Finished Sq Ft: 377.0
  • Architectural Style: Other Style
  • Year Built: 1984
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 377.0
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Daylight: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Electric Range: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Pool-In Ground: Yes
  • Amenities:Storage: Yes
  • Location Information:Association Fee: 807.0
  • Location Information:Fee Frequency Paid: Quarterly
  • 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
  • Amenities:Shower: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Roof:Metal: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Parking:On Site2: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: 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
  • Location:Near Country Club: Yes
  • Water Heater:Tank: Yes
  • Parking Other Parking: Yes
  • Amenities:Furniture Included: Yes
  • Location:Ski Resort: Yes
  • Sewer:Quasi-Public: Yes
  • Amenities:Laundry - Coin: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Electric Range
  • Has Basement: Walk-Out Access, Daylight, Full
  • Full Bathrooms: 1
  • Interior Amenities: Furniture Included, Bathtub, Other, Shower, Storage
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Rolling Slope, Landscaped, Wooded, Near Golf Course, Near Shopping, Neighborhood, Ski Resort
  • Pool Features: In Ground
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Metal, Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 21+ Spaces, Gravel, Common, On Site, Other, Off Street

Utilities

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

Condo/Co-op/Association

  • Association Fee: 807.0
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Parcel #: NEWR-000001-000000-B000000-000015C
  • Zoning: None

Multi Family

  • Number Of Units In Community: 72

Tax Info

  • Tax Annual Amount: 678.0
  • Tax Book Number: 4744
  • Tax Lot: B-15
  • Tax Map Number: C-1
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2018
Closed on
Jul 2, 2018
Sold by
Marotto Joseph J and Marotto Kristen N
Bought by
Mccann Cynthia A and Neal Mccann B
Seller's Agent
Matthew Hiebert
Mahoosuc Realty, Inc.
Buyer's Agent
Christina Oddleifson
Mountain Real Estate Company
List Price
$79,900
Sold Price
$78,000
Premium/Discount to List
-$1,900
-2.38%
Total Days on Market
75
Current Estimated Value
$257,317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,317
Avg. Annual Appreciation
18.23%

Purchase Details

Closed on
Aug 3, 2011
Sold by
Roy Henry P and Roy Jane D
Bought by
Marotto Kristen N and Marotto Joseph J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
4.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 12, 2007
Sold by
Hunscher William H and Hunscher Kelly A
Bought by
Roy Henry P and Roy Jane D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
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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
Mccann Cynthia A -- --
Marotto Kristen N -- --
Roy Henry P $1,001 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marotto Kristen N $60,000
Previous Owner Roy Henry P $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2018 06/28/18 Sold $78,000 -2.4% $207 / Sq Ft
05/21/2018 05/21/18 Pending -- -- --
03/06/2018 03/06/18 For Sale $79,900 -- $212 / 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 $981 $185,100 $65,000 $120,100
2023 $886 $104,200 $50,000 $54,200
2022 $870 $104,200 $50,000 $54,200
2021 $834 $104,200 $50,000 $54,200
2020 $749 $70,000 $7,000 $63,000
2019 $749 $70,000 $7,000 $63,000
2018 $756 $70,000 $7,000 $63,000
2017 $678 $70,000 $7,000 $63,000
2016 $651 $70,000 $7,000 $63,000
2015 $663 $70,000 $7,000 $63,000
2014 $634 $70,000 $7,000 $63,000
2013 $628 $70,000 $7,000 $63,000
Source: Public Records

Agents Affiliated with this Home

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Source: Maine Listings

MLS Number: 1340595

Maine Listings

APN: NEWR-000001-000000-B000000-000015C