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2418 Riverside Drive

2418 Riverside Drive, Vassalboro, ME 04989
Property in Vassalboro
Sold Sep 01, 2020
$187,500
$150,000 by Kennebec Savings Bank
Mortgage
Sold Nov 01, 2007
$108,500
$105,245 by Kennebunk Svgs Bank
Mortgage
Local assessors in Vassalboro, ME have categorized 2418 Riverside Drive as a residential type of property. The home was built in 1985 and is 39 years old. The property's lot size has been calculated to be 40,075 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a raised ranch style. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with concrete control joints. The building has a roof that is made of asphalt. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2418 Riverside Drive sold most recently in Aug 20, 2020 for a total of $187,500. Before that, the property was also sold for $108,500 in Jan 1, 1970. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,701 in taxes each year. 2418 Riverside Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $118,100. If we break it down further, the land itself was valued at $32,300. Improvements to the property, however, were assessed at a total of $85,800. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Bedroom Count: 0
  • Construction Type: Concrete
  • Building Style: Raised Ranch
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 40,075
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    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 : GOFF JORDAN S
  • Previous Owner : ALLEN KENNETH P
  • Owner Before Previous Owner: HOME EQUITY LOAN T
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Vassalboro
  • School Tax School District: VASSALBORO PS
  • Census Tract: 018000

Geography

  • Account Number: 84
  • Parcel: VASS M:003 L:049-2
  • Lot: 49-2
  • Municipality: VASSALBORO
  • Latitude: 44.467
  • Longitude: -69.6762

    Address

  • Full Address: 2418 Riverside Dr
  • Address - House Number: 2418
  • Address - Street Name: Riverside
  • Address - Suffix Type: Dr
  • State: ME
  • City Name: Vassalboro
  • Carrier Code: R011
  • 4-Digit Zip Code: 3212
  • Zip Code: 04989

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,701

    Appraisal Valuation

  • Standard Deviation: 0.2673
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 61
  • Final Value: 256,485
  • High Value: 325,052
  • Low Value: 187,918

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $150,000
  • First Open Lien Mortgage Lender: KENNEBEC SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Sep 01, 2020
  • First Open Lien Mortgage Loan Amount: $150,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $118,100
  • Assessed Land Value: $32,300
  • Assessed Improvements Value: $85,800

    Sales

  • Current Sale Contract Date: Aug 20, 2020
  • Current Sale Recording Date: Sep 01, 2020
  • Current Sale Transaction ID: 11785133924
  • Current Sale Price: $187,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020021853
  • Previous Sale Recording Date: Nov 01, 2007
  • Previous Sale Amount: $108,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: KENNEBEC SAVINGS BANK
  • First Mortgage Transaction Date: Sep 01, 2020
  • First Mortgage Loan Amount: $150,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: KENNEBUNK SVGS BANK
  • Previous Mortgage Transaction Date: Nov 01, 2007
  • Previous Mortgage Loan Amount: $105,245
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Kennebec



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Frequently Asked Questions

What neighborhood is 2418 Riverside Drive located in?
The 2418 Riverside Drive is a located in the neighborhood of Vassalboro in Kennebec, Vassalboro.
What is the average sales price for listings in 2418 Riverside Drive?
The average sales price for units in 2418 Riverside Drive is $0 currently.

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