Sold Jun 10, 2013
$305,000
$244,000
by Northeast Bank
Mortgage
Sold Jun 20, 2005
$259,900
Buyer
Seller
$207,920
by Norway Savings Bank
Mortgage
74 Old Farm Road has been categorized by the local assessors in South Portland, ME as a residential type of property.
The building on the property was first built in 1992 and is 32 years old.
The home has a total of 4 bedrooms.
Residents will have access to 2 full bathrooms.
There are 2 partial bathrooms in the home.
The building has a total of 2 stories.
In addition, 74 Old Farm Road has 1,751 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building.
The area measurement of the land has been determined as 12,632 square feet.
Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial style.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. The building has a gable style roof made of asphalt. The exterior walls of the building are made of alum/vinyl siding. In terms of heating, it is utilizing a hot water heating system and 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, 74 Old Farm Road sold most recently in Jan 1, 1970 for a total of $305,000. If you work out the math, that's approximately a cost of $174.19 per sqft. Before that, the property was also sold for $259,900 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 $5,329 in taxes each year. 74 Old Farm Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $342,500. If we break it down further, the land itself was valued at $86,900. Improvements to the property, however, were assessed at a total of $255,600. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. The building has a gable style roof made of asphalt. The exterior walls of the building are made of alum/vinyl siding. In terms of heating, it is utilizing a hot water heating system and 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, 74 Old Farm Road sold most recently in Jan 1, 1970 for a total of $305,000. If you work out the math, that's approximately a cost of $174.19 per sqft. Before that, the property was also sold for $259,900 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 $5,329 in taxes each year. 74 Old Farm Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $342,500. If we break it down further, the land itself was valued at $86,900. Improvements to the property, however, were assessed at a total of $255,600. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.
74 Old Farm Road, South Portland, ME 04106
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