NOT LISTED FOR SALE

83 S Freeport Rd Freeport, ME 04032

Estimated Value: $1,187,000 - $1,436,964

5 Beds
3.5 Baths
2,689 Sq Ft
$482/Sq Ft Est. Value

Last Sold November 04, 2016

Last sale price $552,500 $205 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $7,813/month

48 Days on Market

Highlights

  • Barn
  • Property Fronts a Bay or Harbor
  • Cape Cod Architecture
  • Mast Landing School Rated A
  • 1.98 Acre Lot
  • 2-minute walk to Ridge Trail

About This Home

As of November 2016

Charming and historic 1841 cape on the edge of South Freeport Village. A short walk leads you to the water, with multiple marinas, a yacht club, and Harraseeket Lunch and Lobster. Also minutes away, nearby protected land features extensive fields and woods for off-leash dog walking. Minutes from outlet shopping, L.L. Bean, great restaurants, and family-friendly events in downtown Freeport and Winslow Park. 1.98 acres with 4' of water frontage.

Last Agent to Sell the Property

Ben Palmer

EXP Realty Listed on: 07/16/2016

EXP Realty

Last Buyer's Agent

Nicholas Dambrie

Keller Williams Realty

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,589

Year Built

  • Built in 1841

Lot Details

  • 1.98 Acre Lot
  • Property Fronts a Bay or Harbor
  • Property is zoned V2

Home Design

  • Cape Cod Architecture
  • Post and Beam
  • Brick Foundation
  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2 Fireplaces
  • Wood Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Interior and Exterior Basement Entry
  • Crawl Space

Parking

  • Gravel Driveway
  • Paved Parking

Farming

  • Barn

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 28
  • Assessor Parcel Number 83SouthFreeportRdFreeportMaine04032

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,589

Year Built

Built in 1841

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.98
  • Road Surface Type: Paved
  • Water Body Name: ocean
  • MLS Status: Closed
  • Directions: Route one to South Freeport Road. Follow to 83 on the right.
  • Above Grade Finished Sq Ft: 2329.0
  • Architectural Style: Cape
  • Year Built: 1841
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.98
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 2329.0
  • Property Information:SqFt Finished Below Grade: 360.0
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Gas:No Gas: Yes
  • Foundation Materials:BrickMortar2: Yes
  • Heat System:Multi-Zones: Yes
  • Basement:Crawl Space: Yes
  • Water Info:Waterfront Amount -: 4.0
  • Water Info:Water Frontage Owned -: 4.0
  • Driveway:Gravel: Yes
  • Construction:Post Beam: Yes
  • Foundation Materials:Granite2: Yes
  • Other Structures:Barn: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 2
  • Special Features: None

Interior Features

  • Has Basement: Walk-Out Access, Crawl Space, Finished, Exterior Entry, Bulkhead, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 360.0
  • Fireplaces: 2
  • Fireplace: Yes

Exterior Features

  • Lot Features: Neighborhood
  • Waterfront Features: Harbor
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Post & Beam, Wood Frame
  • Foundation Details: Granite, Concrete Perimeter, Brick/Mortar
  • Other Structures: Barn
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 86248.8
  • Parcel #: 83SouthFreeportRdFreeportMaine04032
  • Zoning: V2

Tax Info

  • Tax Annual Amount: 5589.0
  • Tax Book Number: 27733
  • Tax Lot: 28
  • Tax Map Number: 2
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2016
Closed on
Nov 7, 2016
Sold by
Palmer Benjamin I and Palmer Meghan M
Bought by
Guzman Francisco and Guzman Sarah D
Seller's Agent
Ben Palmer
EXP Realty
Buyer's Agent
Nicholas Dambrie
Keller Williams Realty
List Price
$599,000
Sold Price
$552,500
Premium/Discount to List
-$46,500
-7.76%
Current Estimated Value
$1,296,491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$743,991
Avg. Annual Appreciation
10.07%
Original Mortgage
$442,000
Interest Rate
3.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 27, 2010
Sold by
Palmer Dev Group Llc
Bought by
Palmer Benjamin I and Curci Meghan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 3, 2009
Sold by
Pamela Allen Ret
Bought by
Palmer Dev Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,272
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Guzman Francisco -- --
Palmer Benjamin I -- --
Palmer Dev Group Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guzman Sarah D $509,000
Closed Guzman Francisco $442,000
Previous Owner Palmer Benjamin J $140,500
Previous Owner Palmer Benjamin I $500,000
Previous Owner Palmer Dev Group Llc $275,000
Previous Owner Palmer Dev Group Llc $254,272
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2016 11/04/16 Sold $552,500 -7.8% $205 / Sq Ft
09/02/2016 09/02/16 Pending -- -- --
07/15/2016 07/15/16 For Sale $599,000 -- $223 / 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 $11,597 $868,700 $434,100 $434,600
2023 $10,621 $772,400 $394,500 $377,900
2022 $8,387 $614,400 $353,000 $261,400
2021 $8,444 $632,500 $367,200 $265,300
2020 $8,211 $586,500 $340,100 $246,400
2019 $7,971 $557,400 $320,800 $236,600
2018 $7,707 $512,100 $293,800 $218,300
2017 $7,236 $484,000 $274,600 $209,400
2016 $6,571 $415,900 $246,700 $169,200
2015 $5,589 $332,700 $232,300 $100,400
2014 $5,358 $339,100 $232,300 $106,800
2013 $5,142 $324,400 $214,700 $109,700
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2016

    Ben Palmer

    EXP Realty

    (207) 939-1802

    1 in this area

    2 Total Sales

    Ben Palmer
    Section Image
  • Nicholas Dambrie

    Buyer's Agent in 2016

    Nicholas Dambrie

    Keller Williams Realty

    (207) 318-5451

    3 in this area

    171 Total Sales

    Nicholas Dambrie
    Section Image
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Map

Source: Maine Listings

MLS Number: 1274284

Maine Listings

APN: FPRT-000002-000028

Maine Cumberland County Freeport 04032

83 S Freeport Rd, Freeport, ME

This home is located at 83 S Freeport Rd, Freeport, ME 04032 since 16 July 2016 and is currently estimated at $1,296,491, approximately $482 per square foot. This property was built in 1841. 83 S Freeport Rd is a home located in Cumberland County with nearby schools including Morse Street School, Mast Landing School, and Freeport Middle School.

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