$775,000
SOLD DEC 10, 2024

Cumberland Center, ME 04021

-- Bed
3 Baths
2,118 Sq Ft
2.12 Acres

Recently Sold

$366 Per Sq Ft

Highlights

  • 2.12 Acre Lot
  • Deck
  • No HOA
  • Mabel I. Wilson School Rated A-
  • Wood Flooring
  • 5 Car Direct Access Garage

About This Home

As of December 2024

Property included a studio apartment with a full bath and laundry. A large 3 bedroom 2 full bath unit. Two oversized commercial garage bays plus a 3 car garage on 2 acres.

Last Agent to Sell the Property

David Banks

RE/MAX By The Bay Listed on: 12/10/2024

RE/MAX By The Bay

Last Buyer's Agent

NON-MREIS AGENT

Non MREIS Agency

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,976

Year Built

  • Built in 2001

Lot Details

  • 2.12 Acre Lot
  • Property fronts a private road
  • Cul-De-Sac
  • Level Lot
  • Open Lot

Parking

  • 5 Car Direct Access Garage
  • Subterranean Parking
  • Driveway

Home Design

  • 2,118 Sq Ft Home
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Flooring

  • Wood
  • Carpet
  • Tile

Utilities

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

Additional Features

  • 3 Full Bathrooms
  • Deck
  • Property is near a golf course

Listing and Financial Details

  • Tax Lot B4
  • Assessor Parcel Number CMBL-000004B-R000000-000004

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $36,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,976

Year Built

Built in 2001

Lot Details

0

Parking

5

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 2.12
  • Road Frontage Type: Private
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Tuttle Road to Maurice to #34
  • Above Grade Finished Sq Ft: 2118.0
  • Architectural Style: Other Style
  • Garage Yn: Yes
  • Year Built: 2001
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 2.12
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2118.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Property Information:Garage Spaces: 5.0
  • Roads:Private: Yes
  • Exterior:Vinyl Siding: Yes
  • Vehicle Storage:Detached: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Income Expenses Gross Income: 36000.0
  • Basement:Slab2: Yes
  • Water Heater:Oil2: Yes
  • Site:Cul-De-Sac: Yes
  • Vehicle Storage:Under: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: None, Not Applicable
  • Full Bathrooms: 3
  • Flooring: Wood, Tile, Carpet

Exterior Features

  • Lot Features: Cul-De-Sac, Level, Open Lot, Near Golf Course, Near Town
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Slab
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 5.0
  • Parking Features: 5 - 10 Spaces, Paved, Detached, Inside Entrance, Underground

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 92347.2
  • Parcel #: CMBL-000004B-R000000-000004
  • Zoning: RR1

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 36000.0

Tax Info

  • Tax Annual Amount: 7976.0
  • Tax Book Number: 36987
  • Tax Lot: B4
  • Tax Map Number: R04
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2024
Closed on
Dec 10, 2024
Sold by
Atlantic Properties Llc
Bought by
41 Coyle Llc
Seller's Agent
David Banks
RE/MAX By The Bay
Buyer's Agent
NON-MREIS AGENT
Non MREIS Agency
List Price
$775,000
Sold Price
$775,000
Current Estimated Value
$764,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,239
Avg. Annual Appreciation
-2.15%
Original Mortgage
$620,000
Outstanding Balance
$616,043
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$146,601

Purchase Details

Closed on
Aug 31, 2022
Sold by
Small David J
Bought by
Atlantic Properties Llc
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 Type Sale Price Title Company
Warranty Deed $775,000 None Available
Warranty Deed $775,000 None Available
Warranty Deed $600,000 None Available
Warranty Deed $600,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $620,000 Purchase Money Mortgage
Closed $620,000 Purchase Money Mortgage
Previous Owner $0 Stand Alone Refi Refinance Of Original Loan
Previous Owner $450,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2024 12/10/24 Sold $775,000 0.0% $366 / Sq Ft
12/10/2024 12/10/24 For Sale $775,000 -- $366 / Sq Ft
11/01/2024 11/01/24 Pending -- -- --
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 $8,372 $360,100 $133,800 $226,300
2023 $7,976 $360,100 $133,800 $226,300
2022 $7,634 $360,100 $133,800 $226,300
2021 $7,400 $360,100 $133,800 $226,300
2020 $7,328 $360,100 $133,800 $226,300
2019 $7,148 $360,100 $133,800 $226,300
2018 $6,867 $348,600 $133,800 $214,800
2017 $6,554 $348,600 $133,800 $214,800
2016 $6,362 $348,600 $133,800 $214,800
2015 $6,310 $348,600 $133,800 $214,800
2014 $6,066 $348,600 $133,800 $214,800
2013 $5,926 $348,600 $133,800 $214,800
Source: Public Records

Agents Affiliated with this Home

  • David Banks

    Seller's Agent in 2024

    David Banks

    RE/MAX

    (207) 773-2345

    55 in this area

    1,083 Total Sales

    David Banks
    Section Image

  • N

    Buyer's Agent in 2024

    NON-MREIS AGENT

    Non MREIS Agency

See All Agents

Source: Maine Listings

MLS Number: 1610984

Maine Listings

APN: CMBL-000004B-R000000-000004

Maine Cumberland County Cumberland Center

04021

This home and is currently priced at $775,000, approximately $365 per square foot. This property was built in 2001. This home is a home located in Cumberland County with nearby schools including Mabel I. Wilson School, Greely Middle School 4-5, and Greely Middle School.

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