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37 Ridge Terrace Drive

37 Ridge Terrace Drive, Casco, ME 04015
House in Casco
Sold May 08, 2020
$271,500
$217,171 by Megastar Financial Corp
Mortgage
Sold Jul 19, 2019
$239,800
$191,818 by Residential Mortgage Services
Mortgage
Local assessors in Casco, ME have categorized 37 Ridge Terrace Drive as a residential type of property. The home was built in 1974 and is 50 years old. It was most recently renovated and altered in 1995. The property's lot size has been calculated to be 21,780 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a raised ranch style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 4 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. 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. If we look only at the heated or air conditioned part of the building, then 37 Ridge Terrace Drive has a total of 894 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 gable style roof that was made of asphalt. Lots of wood siding were used in the construction of the exterior walls of the home. The home's a hot water heating system is the primary heating source and it is being fueled with oil. 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, 37 Ridge Terrace Drive sold most recently in May 8, 2020 for a total of $271,500. If you work out the math, that's approximately a cost of $303.69 per sqft. Before that, the property was also sold for $239,800 in Jul 19, 2019. 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 $1,842 in taxes each year. 37 Ridge Terrace Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $117,600. If we break it down further, the land itself was valued at $25,800. Improvements to the property, however, were assessed at a total of $91,800. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

Building Features

Exterior

Wood Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Concrete
  • Building Style: Raised Ranch
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 864
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 21,780
  • Total Building Area: 894
  • Gross Building Area: 2,838
  • Building Area: 894
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 894
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: QUAKER RDG TER SUB
  • Land Acres: 0.5
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : METIVIER MARC A
  • Previous Owner : GILLIS DANIEL C
  • Owner Before Previous Owner: NGUYEN THINH V
  • Owner Before Previous Owner 2: NGUYEN VERNA L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: School Administrative District 61
  • School Tax School District: RSU 61/MSAD 61
  • Census Tract: 013002

Zoning

  • Zoning: 10

Geography

  • Account Number: 358
  • Parcel: CASC M:0004 L:0005 U:7
  • Lot: 5
  • Municipality: CASCO
  • Latitude: 43.9463
  • Longitude: -70.5227

    Address

  • Full Address: 37 Ridge Terrace Dr
  • Address - House Number: 37
  • Address - Street Name: Ridge Terrace
  • Address - Suffix Type: Dr
  • State: ME
  • City Name: Casco
  • Carrier Code: R002
  • 4-Digit Zip Code: 3841
  • Zip Code: 04015

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,842

    Appraisal Valuation

  • Standard Deviation: 0.2182
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 70
  • Final Value: 304,525
  • High Value: 370,973
  • Low Value: 238,076

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $217,171
  • First Open Lien Mortgage Lender: MEGASTAR FINANCIAL CORP
  • First Open Lien Mortgage Recording Date: May 08, 2020
  • First Open Lien Mortgage Loan Amount: $217,171
  • 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: $117,600
  • Assessed Land Value: $25,800
  • Assessed Improvements Value: $91,800

    Sales

  • Current Sale Contract Date: May 08, 2020
  • Current Sale Recording Date: May 08, 2020
  • Current Sale Transaction ID: 11760906542
  • Current Sale Price: $271,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 23837
  • Previous Sale Recording Date: Jul 19, 2019
  • Previous Sale Contract Date: Jul 19, 2019
  • Previous Sale Amount: $239,800
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MEGASTAR FINANCIAL CORP
  • First Mortgage Transaction Date: May 08, 2020
  • First Mortgage Loan Amount: $217,171
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: RESIDENTIAL MORTGAGE SERVICES
  • Previous Mortgage Transaction Date: Jul 19, 2019
  • Previous Mortgage Loan Amount: $191,818
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Cumberland



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Frequently Asked Questions

What neighborhood is 37 Ridge Terrace Drive located in?
The 37 Ridge Terrace Drive is a house located in the neighborhood of Casco in Cumberland, Casco.
What is the average sales price for listings in 37 Ridge Terrace Drive?
The average sales price for units in 37 Ridge Terrace Drive is $0 currently.

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