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55 Quarry Cove Road

55 Quarry Cove Road, Raymond, ME 04071
Property in Raymond
Sold Nov 05, 2014
$525,000
$420,000 by Savings Bank (the)
Mortgage Due Nov 05, 2044
Sold Sep 05, 2006
$521,300
$417,000 by Merrimack Mtg Co
Mortgage Due Jul 27, 2030
Local assessors in Raymond, ME have categorized 55 Quarry Cove Road as a residential type of property. The home was built in 1957 and is 67 years old. The property's lot size has been calculated to be 15,246 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bungalow style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 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 is also a partial bathroom. 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 55 Quarry Cove Road has a total of 1,248 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 1,050 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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. The building has a gable style roof that was made of asphalt. Lots of a combination of material were used in the construction of the exterior walls of the home. The home's baseboard heaters is the primary heating source and it is being fueled with electricity. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 55 Quarry Cove Road sold most recently in Jan 1, 1970 for a total of $525,000. If you work out the math, that's approximately a cost of $420.67 per sqft. Before that, the property was also sold for $521,300 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 $7,201 in taxes each year. 55 Quarry Cove Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $452,900. If we break it down further, the land itself was valued at $384,500. Improvements to the property, however, were assessed at a total of $68,400. 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: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Style: Bungalow
  • Exterior Walls Type: Combination
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1,050
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 15,246
  • Total Building Area: 1,248
  • Gross Building Area: 1,580
  • Building Area: 1,248
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Baseboard
  • Heated Square Feet: 1,248
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.35
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : KENNEDY JOHN F
  • Current Owner 2: KENNEDY CHRISTINE
  • Previous Owner : STEVENS KIMBERLY W
  • Owner Before Previous Owner: WESLEY S NICKERMAN SR RET

Neighborhood

  • School District Name: Regional School Unit 14
  • School Tax School District: RSU 14
  • Census Tract: 012002

Zoning

  • Zoning: LRR2

Geography

  • Account Number: S7003R
  • Parcel: RYMD M:068 L:006
  • Lot: 6
  • Municipality: RAYMOND
  • Latitude: 43.8524
  • Longitude: -70.4991

    Address

  • Full Address: 55 Quarry Cove Rd
  • Address - House Number: 55
  • Address - Street Name: Quarry Cove
  • Address - Suffix Type: Rd
  • State: ME
  • City Name: Raymond
  • Zip Code: 04071

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,201

    Appraisal Valuation

  • Standard Deviation: 0.2059
  • Valuation Date: Nov 08, 2023
  • Confidence Score: 72
  • Final Value: 875,079
  • High Value: 1,055,261
  • Low Value: 694,898

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $420,000
  • First Open Lien Mortgage Lender: SAVINGS BANK (THE)
  • First Open Lien Mortgage Recording Date: Nov 05, 2014
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $420,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Nov 05, 2044

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $452,900
  • Assessed Land Value: $384,500
  • Assessed Improvements Value: $68,400

    Sales

  • Current Sale Recording Date: Nov 05, 2014
  • Current Sale Transaction ID: 11449994107
  • Current Sale Price: $525,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 000000053871
  • Previous Sale Recording Date: Sep 05, 2006
  • Previous Sale Amount: $521,300
  • Previous Sale Document Type: Quit Claim Deed (arm's length)

    Last Sale Mortgage

  • First Mortgage Lender: SAVINGS BANK (THE)
  • First Mortgage Transaction Date: Nov 05, 2014
  • First Mortgage Loan Amount: $420,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Nov 05, 2044

    Financing

  • First Mortgage Financing Type: Unknown

    Previous Mortgages

  • Previous Mortgage Lender: MERRIMACK MTG CO
  • Previous Mortgage Transaction Date: Sep 05, 2006
  • Previous Mortgage Loan Amount: $417,000
  • Previous Mortgage Term: 285
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Jul 27, 2030

About Cumberland



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Frequently Asked Questions

What neighborhood is 55 Quarry Cove Road located in?
The 55 Quarry Cove Road is a located in the neighborhood of Raymond in Cumberland, Raymond.
What is the average sales price for listings in 55 Quarry Cove Road?
The average sales price for units in 55 Quarry Cove Road is $0 currently.

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