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16 Coveside Road

16 Coveside Road, Cumberland Foreside, ME 04110
Property in Cumberland
Sold Jun 18, 2020
$1,237,500
$990,000 by Androscoggin Bank
Mortgage
16 Coveside Road in Cumberland Foreside, ME was first built in 1986 and is 38 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a colonial style. There are a total of 2 floors. There are a total of 12 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 16 Coveside Road has 4,483 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 40,075 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of asphalt. The condition of the building has been evaluated as good. The exterior walls of the home are made of wood siding. As for heating, the home is utilizing a hot water heating system and being fueled with oil. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Jun 16, 2020 for $1,237,500. That's $276.04 per sqft. 16 Coveside Road was last assessed in 2022. The total value of the property was assessed at $738,000. Specifically, the land the property is located on was valued at $236,500. While improvements on the property were assessed at a total of $501,500. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $15,646. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Building Style: Colonial
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 1,536
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 40,075
  • Total Building Area: 4,483
  • Gross Building Area: 8,048
  • Building Area: 4,483
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 4,483
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.92
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : FALLON CAROLINE
  • Current Owner 2: FALLON JOHN
  • Previous Owner : SARCHI CHRISTOPHER P
  • Previous Owner 2: SARCHI KRISTI H
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: School Administrative District 51
  • School Tax School District: RSU 51/MSAD 51
  • Census Tract: 004202

Zoning

  • Zoning: LDR

Geography

  • Account Number: 20232487
  • Parcel: CMBL M:U06 L:91
  • Lot: 91
  • Municipality: CUMBERLAND
  • Latitude: 43.7589
  • Longitude: -70.1993

    Address

  • Full Address: 16 Coveside Rd
  • Address - House Number: 16
  • Address - Street Name: Coveside
  • Address - Suffix Type: Rd
  • State: ME
  • City Name: Cumberland Foreside
  • Carrier Code: C004
  • 4-Digit Zip Code: 1431
  • Zip Code: 04110

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,646

    Appraisal Valuation

  • Standard Deviation: 0.1846
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 75
  • Final Value: 1,627,120
  • High Value: 1,927,565
  • Low Value: 1,326,674

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,240,000
  • First Open Lien Mortgage Lender: ANDROSCOGGIN BANK
  • First Open Lien Mortgage Recording Date: Jun 18, 2020
  • First Open Lien Mortgage Loan Amount: $990,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • Second Open Lien Mortgage Lender: ANDROSCOGGIN BANK
  • Second Open Lien Mortgage Recording Date: Nov 08, 2022
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $250,000
  • Second Open Lien Mortgage Term: 240
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Dec 01, 2042

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $738,000
  • Assessed Land Value: $236,500
  • Assessed Improvements Value: $501,500

    Sales

  • Current Sale Contract Date: Jun 16, 2020
  • Current Sale Recording Date: Jun 18, 2020
  • Current Sale Transaction ID: 11769907773
  • Current Sale Price: $1,237,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 32922

    Last Sale Mortgage

  • First Mortgage Lender: ANDROSCOGGIN BANK
  • First Mortgage Transaction Date: Jun 18, 2020
  • First Mortgage Loan Amount: $990,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

About Cumberland



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Frequently Asked Questions

What neighborhood is 16 Coveside Road located in?
The 16 Coveside Road is a located in the neighborhood of Cumberland in Cumberland, Cumberland Foreside.
What is the average sales price for listings in 16 Coveside Road?
The average sales price for units in 16 Coveside Road is $0 currently.

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