NOT LISTED FOR SALE

98 Chets Way Cumberland, ME 04021

Estimated Value: $1,933,000 - $2,374,608

16.46 Acres
$130,851 Price per Acre
716,998 Sq Ft Lot

Last Sold December 14, 2018

Last sale price $305,000 $74 Per Sq Ft

Est. 606% increase in value since last sale

Current estimated payment $14,347/month

81 Days on Market

Highlights

  • 16.46 Acre Lot
  • Wooded Lot
  • Level Lot
  • Mabel I. Wilson School Rated A-
  • Cul-De-Sac

About This Lot

As of December 2018

16+ Acre estate lot the desirable Jordan Farms neighborhood. Enjoy this private setting with a long wooded entry into the already cleared lot. Public water available at the split in the driveway. This location allows for easy access to Cumberland Center and Yarmouth Village, all while being under 20 minutes to downtown Portland!

Last Agent to Sell the Property

David Banks

RE/MAX By The Bay Listed on: 08/20/2018

RE/MAX By The Bay

Last Buyer's Agent

Megan Fortin

Fontaine Family-The Real Estate Leader

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,638

Lot Details

  • 16.46 Acre Lot
  • Cul-De-Sac
  • Level Lot
  • Wooded Lot
  • Property is zoned RR2

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • Gravel Driveway

Utilities

  • Underground Utilities
  • Natural Gas Not Available
  • Septic Needed
  • Sewer Not Available

Community Details

  • Jordan Farm Estates Subdivision

Listing and Financial Details

  • Tax Lot F
  • Assessor Parcel Number CMBL-000003-R000000-000043-F000000

Property Details

Property Type

Land

Est. Annual Taxes

$5,638

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 16.46
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: Jordan Farm Estates
  • Directions: From Route 1 turn onto Tuttle Road towards Cumberland Center, turn left onto Chets Way, continue to the back of the cul-de-sac turn into shared with 99 Chets Way, and stay left at fork.
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 16.46
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Water:Public3: Yes
  • Location Information:Association Fee: 42.0
  • Location Information:Fee Frequency Paid: Monthly
  • Gas:No Gas: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Sewer:None4: Yes
  • Sewer:Septic Needed: Yes
  • Site:Cul-De-Sac: Yes
  • Electric:Underground: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Cul-De-Sac, Level, Wooded, Neighborhood
  • Waterfront: No

Garage/Parking

  • Parking Features: Gravel, Other

Utilities

  • Electric: Underground
  • Sewer: None, Septic Needed
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 42.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 716997.6
  • Parcel #: CMBL-000003-R000000-000043-F000000
  • Zoning: RR2

Tax Info

  • Tax Annual Amount: 5638.0
  • Tax Book Number: 33607
  • Tax Lot: F
  • Tax Map Number: R03
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2018
Closed on
Dec 12, 2018
Sold by
Gauthier Michael
Bought by
Nelson Michael and Nelson Tara
Seller's Agent
David Banks
RE/MAX By The Bay
Buyer's Agent
Megan Fortin
Fontaine Family-The Real Estate Leader
List Price
$325,000
Sold Price
$305,000
Premium/Discount to List
-$20,000
-6.15%
Current Estimated Value
$2,153,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,848,804
Avg. Annual Appreciation
34.89%

Purchase Details

Closed on
Aug 30, 2005
Sold by
Southwoods Llc
Bought by
Jordan Julie A
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Nelson Michael -- --
Jordan Julie A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelson Michael D $647,200
Closed Nelson Michael D $510,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2018 12/14/18 Sold $305,000 -6.2% $74 / Sq Ft
11/10/2018 11/10/18 Pending -- -- --
08/20/2018 08/20/18 For Sale $325,000 +27.5% $79 / Sq Ft
11/07/2016 11/07/16 Sold $255,000 -8.9% $62 / Sq Ft
10/11/2016 10/11/16 Pending -- -- --
08/03/2016 08/03/16 For Sale $279,900 -- $68 / 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 $30,825 $1,325,800 $345,600 $980,200
2023 $29,366 $1,325,800 $345,600 $980,200
2022 $28,107 $1,325,800 $345,600 $980,200
2021 $26,563 $1,292,600 $345,600 $947,000
2020 $24,383 $1,198,200 $345,600 $852,600
2019 $5,681 $286,200 $286,200 $0
2018 $5,638 $286,200 $286,200 $0
2017 $5,381 $286,200 $286,200 $0
2016 $5,223 $286,200 $286,200 $0
2015 $5,180 $286,200 $286,200 $0
2014 $4,980 $286,200 $286,200 $0
2013 $4,865 $286,200 $286,200 $0
Source: Public Records

Agents Affiliated with this Home

  • David Banks

    Seller's Agent in 2018

    David Banks

    RE/MAX

    (207) 773-2345

    53 in this area

    1,087 Total Sales

    David Banks
    Section Image

  • M

    Buyer's Agent in 2018

    Megan Fortin

    Fontaine Family-The Real Estate Leader

    (207) 330-0858

    1 in this area

    21 Total Sales

    Megan Fortin
    Section Image

  • D

    Seller's Agent in 2016

    Dava Davin

    Portside Real Estate Group

    (207) 217-2051

    7 Total Sales

    Dava Davin
    Section Image

  • C

    Buyer's Agent in 2016

    Christine Pemberton

    Coldwell Banker Residential Brokerage

    Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1366929

Maine Listings

APN: CMBL-000003-R000000-000043-F000000

Maine Cumberland County Cumberland 04021

98 Chets Way, Cumberland, ME

This home is located at 98 Chets Way, Cumberland, ME 04021 since 20 August 2018 and is currently estimated at $2,153,804, approximately $525 per square foot. 98 Chets Way is a home located in Cumberland County with nearby schools including Mabel I. Wilson School, Greely Middle School 4-5, and Greely Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Maine Listings 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.
© 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.

Homes.com, LLC, 17600 Laguna Canyon Rd Irvine, CA 92618 (888)-952-6393

Nearby Homes