NOT LISTED FOR SALE

8 Fall Line Dr Unit N104 Newry, ME 04261

Estimated Value: $374,000 - $397,000

1 Bed
1 Bath
528 Sq Ft
$350/mo HOA Fee

Last Sold March 15, 2024

Last sale price $375,000 $710 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,620/month

1 Day on Market

Highlights

  • Ski Resort
  • Scenic Views
  • Main Floor Bedroom
  • In Ground Pool
  • Deck
  • Furnished

About This Home

As of March 2024

This fully furnished, rare slope side condominium unit is up for grabs The Fall Line complex has a heated indoor pool, common room with fireplace and a restaurant in the building. This unit has parking lot level access just a few steps away from the door, Large Ski locker, small guest locker and has everything in the unit to make this ski season a memorable one.

Last Listed By

Rick Nelson

Clear View Real Estate Listed on: 01/28/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,447

Year Built

  • Built in 1987

Lot Details

  • Property fronts a private road

HOA Fees

  • $350 Monthly HOA Fees

Home Design

  • Concrete Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Membrane Roofing
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 528 Sq Ft Home
  • Multi-Level Property
  • Furnished
  • Living Room
  • Scenic Vista Views
  • Partial Basement

Kitchen

  • Electric Range
  • Dishwasher
  • Formica Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom
  • 1 Full Bathroom
  • Bathtub

Parking

  • Gravel Driveway
  • On-Site Parking
  • Reserved Parking

Outdoor Features

  • In Ground Pool
  • Deck

Utilities

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

Listing and Financial Details

  • Legal Lot and Block N104 / 1
  • Assessor Parcel Number 8FallLineDriveNewry04261

Community Details

Overview

  • 128 Units
  • Fall Line Condominium Associatiion Subdivision
  • The community has rules related to deed restrictions

Amenities

  • Community Storage Space

Recreation

  • Ski Resort

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,447

Year Built

Built in 1987

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: Private
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: Fall Line Condominium Associatiion
  • Directions: Rte2 to Sunday River Rd take Skiway Road past South Ridge Lodge base area. Fall line Condominiums are located on the left take the second driveway to enter into the north wing parking lot.
  • Above Grade Finished Sq Ft: 528.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Year Built: 1987
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 528.0
  • Property Information:Garage: No
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Electric Range: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Amenities:Pool-In Ground: Yes
  • Amenities:Storage: Yes
  • Location Information:Association Fee: 1050.0
  • 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: 128
  • Water Heater:Electric2: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Basement:Partial: Yes
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Sewer:Private Sewer: Yes
  • Property Information:Short Sale Continue to Show: No
  • Basement:Slab2: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Property Information:Deed Restrictions: Yes
  • Property Information:Bank Owned REO: No
  • Kitchen Countertop:Formica: Yes
  • Equipment:Cable: Yes
  • View:Scenic: Yes
  • Amenities:Furniture Included: Yes
  • Location:Ski Resort: Yes
  • Roof:Membrane: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Parking Reserved Parking: Yes
  • Parking Reserved Parking Spaces: 1
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Electric Range, Dishwasher
  • Has Basement: Partial, Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Interior Amenities: Furniture Included, Bathtub, Storage
  • Kitchen Kitchen Level: Second
  • Living Room Living Room Level: Second

Exterior Features

  • Lot Features: Open Lot, Ski Resort
  • Pool Features: In Ground
  • View: Scenic
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Concrete Perimeter, Slab
  • Patio And Porch Features: Deck
  • Roof: Membrane, Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Gravel, On Site

Utilities

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

Condo/Co-op/Association

  • Association Fee: 1050.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Lot Info

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

Multi Family

  • Number Of Units In Community: 128

Tax Info

  • Tax Annual Amount: 1447.0
  • Tax Block: 1
  • Tax Book Number: 4267
  • Tax Lot: N104
  • Tax Map Number: F
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2024
Closed on
Mar 15, 2024
Sold by
Kreul J Michael Est and Thompson
Bought by
Hammond Holdings Llc
Seller's Agent
Rick Nelson
Clear View Real Estate
Buyer's Agent
Rick Nelson
Clear View Real Estate
List Price
$375,000
Sold Price
$375,000
Total Days on Market
1
Views
11
Current Estimated Value
$386,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,241
Avg. Annual Appreciation
0.99%
Original Mortgage
$300,000
Outstanding Balance
$296,729
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$82,450

Purchase Details

Closed on
Mar 4, 2008
Sold by
Petricone Marc
Bought by
Kreul John M

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
Hammond Holdings Llc $375,000 None Available
Kreul John M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hammond Holdings Llc $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2024 03/15/24 Sold $375,000 0.0% $710 / Sq Ft
01/30/2024 01/30/24 Pending -- -- --
01/28/2024 01/28/24 For Sale $375,000 -- $710 / 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: 1581172

Maine Listings

APN: NEWR-000001-000000-N000000-000104F