Seller's Agent in 2021
David Banks
RE/MAX
(207) 773-2345
235 in this area
1,090 Total Sales
8 Wagon Wheel Ln Unit 18 Falmouth, ME 04105
Outer Falmouth NeighborhoodEstimated Value: $812,000 - $863,000
4
Beds
2.5
Baths
2,122
Sq Ft
$155/mo
HOA Fee
Highlights
- Nearby Water Access
- Public Beach
- New Construction
- Falmouth Middle School Rated A
- Country Club
- Colonial Architecture
About This Home
As of July 2021Welcome to Homestead Farms. Unit 18 will feature the Abby design by Graiver Homes! Falmouth's latest and greatest development. Almost a ½ decade in the making, this great neighborhood has finally arrived. This ideal location sits close to 95, shopping, Portland, major local businesses and lakes. Plenty of room to work from home as well. Even at this low price, your new home will offer hardwood floors, granite countertops, stainless steel appliances, irrigation system, granite light post & front steps, stone paver walkways and much more.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $107
Year Built
- Built in 2020 | New Construction
Lot Details
- Public Beach
- Landscaped
- Lot Has A Rolling Slope
- Irrigation
HOA Fees
- $155 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
- Automatic Garage Door Opener
- Garage Door Opener
- Driveway
Home Design
- Home to be built
- Colonial Architecture
- Concrete Foundation
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 2,122 Sq Ft Home
- Living Room
- Dining Room
- Attic
Kitchen
- Eat-In Kitchen
- Gas Range
- Microwave
- Dishwasher
- Kitchen Island
- Granite Countertops
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary bedroom located on second floor
- En-Suite Primary Bedroom
- Walk-In Closet
- Bedroom Suite
- Bathtub
- Shower Only
Laundry
- Laundry on upper level
- Washer and Dryer Hookup
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Natural lighting in basement
Outdoor Features
- Nearby Water Access
- Patio
Location
- Property is near public transit
- Property is near a golf course
- Suburban Location
Utilities
- Cooling Available
- Zoned Heating
- Heating System Uses Natural Gas
- Heat Pump System
- Heating System Mounted To A Wall or Window
- Baseboard Heating
- Hot Water Heating System
- Underground Utilities
Listing and Financial Details
- Home warranty included in the sale of the property
- Legal Lot and Block 18 / 15
- Assessor Parcel Number 8WagonWheelLaneFalmouth04105
Community Details
Overview
- Homestead Farms Subdivision
- The community has rules related to deed restrictions
Amenities
- Community Storage Space
Recreation
- Country Club
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 24, 2020
Closed on
Jul 22, 2021
Sold by
Graiver Hm Inc
Bought by
Narra Sevitha and Maddineni Bharath
Seller's Agent
David Banks
RE/MAX By The Bay
Buyer's Agent
Neeta Signh
Keller Williams Realty
List Price
$490,000
Sold Price
$520,233
Premium/Discount to List
$30,233
6.17%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$315,635
Avg. Annual Appreciation
12.30%
Original Mortgage
$392,000
Outstanding Balance
$303,923
Interest Rate
2.23%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$528,362
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Narra Sevitha | -- | None Available | |
| Narra Sevitha | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Narra Sevitha | $392,000 | |
| Closed | Narra Sevitha | $392,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/23/2021 07/23/21 | Sold | $520,233 | +6.2% | $245 / Sq Ft |
| 11/24/2020 11/24/20 | For Sale | $490,000 | -- | $231 / Sq Ft |
| 11/20/2020 11/20/20 | Pending | -- | -- | -- |
Source: Maine Listings
Tax History Compared to Growth
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 | $7,429 | $555,200 | $69,400 | $485,800 |
| 2023 | $7,018 | $555,200 | $69,400 | $485,800 |
| 2022 | $6,618 | $555,200 | $69,400 | $485,800 |
| 2021 | $3,960 | $227,200 | $139,200 | $88,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
N
Buyer's Agent in 2021
Neeta Signh
Keller Williams Realty
(207) 879-9800
3 in this area
19 Total Sales
Map
Source: Maine Listings
MLS Number: 1476940
APN: FMTH M:U42 B:015 L:018
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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