NOT LISTED FOR SALE

8 Fall Line Dr Unit E202 Newry, ME 04261

Estimated Value: $370,000 - $420,000

1 Bed
1 Bath
567 Sq Ft
$283/mo HOA Fee

Last Sold March 30, 2021

Last sale price $249,000 $439 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,575/month

24 Days on Market

Highlights

  • Ski Resort
  • Baseboard Heating
  • Wood Siding
  • Wood Flooring
  • Level Lot

About This Home

As of March 2021

This impeccably maintained slopeside condo is up for grabs! Located just steps from the trails, common area and Frank's Bar and Grill! Seriously, this location cannot be beat! Inside you will find a warm welcoming environment with hardwood floors, beautiful décor, breakfast bar, full kitchen with dishwasher and lots of storage space. Upstairs sleeps 5 with with queen bed, bunks and a trundle bed. Nice open living area with tons of natural light and room for the occasional guest. This unique listing comes with a bonus. The seller also owns E204 which can be accessed through a pocket door in the kitchen. This second unit can be purchased along with E202 for $500,000. The Fall Line complex shares common living area with fireplace, coin operated laundry, heated indoor pool and sauna. This unit comes with a private owners locker as well as a rental locker located in the basement of the building. Sellers would like to close at the end of the ski season or be allowed to use the unit till April 2021.

Last Listed By

Sally Harkins

Sally Harkins & Co Real Estate Listed on: 12/22/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $770

Year Built

  • Built in 1985

Lot Details

  • Property fronts a private road

HOA Fees

  • $283 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 567 Sq Ft Home
  • Multi-Level Property

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Basement

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

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Reserved Parking

Utilities

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

Listing and Financial Details

  • Tax Lot E202
  • Assessor Parcel Number 8FallLineDriveNewry04261

Community Details

Overview

  • 128 Units
  • FHA/VA Approved Complex

Recreation

  • Ski Resort

Property Details

Home Type

Condominium

Est. Annual Taxes

$770

Year Built

Built in 1985

Lot Details

0

HOA Fees

$283 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: Private
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Skiway Rd - Fall Line Condos - East 202
  • Above Grade Finished Sq Ft: 567.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Year Built: 1985
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 567.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Location Information:Association Fee: 850.0
  • Location Information:Fee Frequency Paid: Quarterly
  • Roads:Private: Yes
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: Yes
  • Condominium:Units in Building: 128
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Gas:No Gas: Yes
  • Exterior:Clapboard: Yes
  • Style:Multi-Level: Yes
  • Exterior:Wood Siding: Yes
  • Water:Private2: Yes
  • Location:Ski Resort: Yes
  • Sewer:Quasi-Public: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Parking Reserved Parking: Yes
  • Special Features: VirtualTour

Interior Features

  • Has Basement: Full, Interior Entry, Walk-Out Access
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Ski Resort
  • Waterfront: No
  • Construction Type: Wood Siding, Clapboard, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: Common

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Quasi-Public
  • Water Source: Private

Condo/Co-op/Association

  • Association Fee: 850.0
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Parcel #: 8FallLineDriveNewry04261
  • Zoning: unknown

Multi Family

  • Number Of Units In Community: 128

Tax Info

  • Tax Annual Amount: 770.0
  • Tax Book Number: 3484
  • Tax Lot: E202
  • Tax Map Number: F-1
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2023
Sold by
Lanier Land Rt
Bought by
Johnson Miles D and Johnson Jamie L
Total Days on Market
24
Current Estimated Value
$390,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Outstanding Balance
$224,955
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$166,583

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
Johnson Miles D $330,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Miles D $230,000
Previous Owner Lanier Land Rt $199,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2021 03/30/21 Sold $249,000 -3.9% $439 / Sq Ft
01/16/2021 01/16/21 Pending -- -- --
12/22/2020 12/22/20 For Sale $259,000 -- $457 / 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 $1,548 $292,000 $133,300 $158,700
2023 $1,473 $173,300 $102,500 $70,800
2022 $1,447 $173,300 $102,500 $70,800
2021 $1,386 $173,300 $102,500 $70,800
2020 $770 $72,000 $7,200 $64,800
2019 $770 $72,000 $7,200 $64,800
2018 $778 $72,000 $7,200 $64,800
2017 $698 $72,000 $7,200 $64,800
2016 $670 $72,000 $7,200 $64,800
2015 $682 $72,000 $7,200 $64,800
2014 $652 $72,000 $7,200 $64,800
2013 $646 $72,000 $7,200 $64,800
Source: Public Records

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Source: Maine Listings

MLS Number: 1478624

Maine Listings

APN: NEWR-000001-000000-E000000-000202F