Welcome home to 7 Summit Terrace, a colonial house with an Accessory Dwelling Unit in the countryside of Falmouth. This spacious home offers a total of 6 bedrooms, 4.5 baths, and plenty of living space designed to meet all your needs. The main house has 4 bedrooms and 2.5 baths. The finished basement presents a versatile space that can be transformed into a comfortable guest suite or an expansive bonus room, complete with a full bathroom, washer/dryer, wet bar and patio.
The property also features a one-bedroom apartment above the garage, equipped with all the modern amenities, including a full bathroom, kitchen heat pump, washer, dryer, gas fireplace, large deck, private carport, and a separate entry. This apartment currently has a tenant, generating $1,600 per month (utilities included, except for propane).
Set near the end of a peaceful dead-end street, this home is just minutes away from Portland and within the Falmouth school district. You'll love the updated features, including new granite countertops, hardwood flooring, luxury vinyl plank in the kitchen, updated full bathrooms in the main house, fresh paint throughout the main house and porches, and updated landscaping. Enjoy the cozy new gas fireplace and the convenience of generator hookups.
For outdoor enthusiasts, the proximity to North Falmouth Community Forest trails offers endless opportunities for recreation. With its family-friendly community, ample acreage, an Accessory Dwelling Unit and all these enhancements, 7 Summit Terrace is truly a rare find in Falmouth. Don't miss the opportunity to make this exceptional property your home.
Closed
$839,000
7 Summit Terrace, Falmouth, ME 04105
6beds
3,342sqft
Single Family Residence
Built in 1996
1.2 Acres Lot
$969,700 Zestimate®
$251/sqft
$5,914 Estimated rent
Home value
$969,700
$902,000 - $1.05M
$5,914/mo
Zestimate® history
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$5,203/mo
Est. payment
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$5,203/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
EXP Realty
Bought with:
Portland's Choice Realty, LLC
Source: Maine Listings,MLS#: 1601397
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Bedroom 1
- Level: Second
Bedroom 2
- Level: Second
Bedroom 3
- Level: Second
Bedroom 4
- Level: Second
Bedroom 5
- Level: Basement
Bedroom 6
- Level: Second
Bonus room
- Level: Basement
Den
- Level: First
Dining room
- Level: First
Kitchen
- Level: First
Kitchen
- Level: Second
Living room
- Level: First
Living room
- Level: Basement
Living room
- Level: Second
Mud room
- Level: First
Heating
- Baseboard, Heat Pump, Hot Water, Zoned
Cooling
- Heat Pump
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Gas Range, Refrigerator, Washer
Features
- Bathtub, In-Law Floorplan, Storage, Walk-In Closet(s), Primary Bedroom w/Bath
- Flooring: Vinyl, Wood
- Basement: Interior Entry,Daylight,Finished,Full
- Number of fireplaces: 2
Interior area
- Total structure area: 3,342
- Total interior livable area: 3,342 sqft
- Finished area above ground: 2,530
- Finished area below ground: 812
Property
Parking
- Total spaces: 3
- Parking features: Paved, 5 - 10 Spaces, Off Street, Heated Garage
- Attached garage spaces: 3
Features
- Patio & porch: Deck, Patio
- Has view: Yes
- View description: Trees/Woods
Lot
- Size: 1.20 Acres
- Features: Neighborhood, Rural, Landscaped
Details
- Additional structures: Shed(s)
- Parcel number: FMTHMR08B068L010
- Zoning: Farm and Forest
- Other equipment: Cable, Internet Access Available
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subtype: Single Family Residence
Materials
- Wood Frame, Clapboard
- Roof: Shingle
Condition
- Year built: 1996
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Private Sewer
- Water: Private
Community & neighborhood
Security
- Security features: Fire System, Fire Sprinkler System
Location
- Region: Falmouth
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 11/4/2024 | Pending sale | $835,000-0.5%$250/sqft |
Source:  Maine Listings #1601397 Report a problem | ||
| 11/1/2024 | Sold | $839,000+0.5%$251/sqft |
Source: Maine Listings #1601397 Report a problem | ||
| 10/8/2024 | Contingent | $835,000$250/sqft |
Source: Maine Listings #1601397 Report a problem | ||
| 9/27/2024 | Price change | $835,000-1.2%$250/sqft |
Source: Maine Listings #1601397 Report a problem | ||
| 9/18/2024 | Price change | $845,000-0.6%$253/sqft |
Source: Maine Listings #1601397 Report a problem | ||
| 9/10/2024 | Price change | $850,000-2.9%$254/sqft |
Source: Maine Listings #1601397 Report a problem | ||
| 9/5/2024 | Price change | $875,000-2.8%$262/sqft |
Source: Maine Listings #1601397 Report a problem | ||
| 8/28/2024 | Listed for sale | $900,000+44%$269/sqft |
Source: Maine Listings #1601397 Report a problem | ||
| 3/5/2021 | Sold | $625,000$187/sqft |
Source: Maine Listings #1480844 Report a problem | ||
| 2/3/2021 | Pending sale | $625,000$187/sqft |
Source: Locations Real Estate Group LLC #1480844 Report a problem | ||
| 1/28/2021 | Listed for sale | $625,000+8.7%$187/sqft |
Source: Locations Real Estate Group LLC #1480844 Report a problem | ||
| 5/12/2020 | Sold | $575,000$172/sqft |
Source: Maine Listings #1448388 Report a problem | ||
| 4/14/2020 | Listed for sale | $575,000$172/sqft |
Source: Keller Williams Realty #1448388 Report a problem | ||
| 4/5/2020 | Pending sale | $575,000$172/sqft |
Source: Keller Williams Realty #1448388 Report a problem | ||
| 3/29/2020 | Listed for sale | $575,000$172/sqft |
Source: Keller Williams Realty #1448388 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $8,920 +6.1% | $666,700 +0.3% |
| 2023 | $8,406 +6% | $665,000 |
| 2022 | $7,927 +10.7% | $665,000 +58.3% |
| 2020 | $7,163 +5.8% | $420,100 +3.8% |
| 2019 | $6,771 +1.6% | $404,800 |
| 2018 | $6,667 +5.4% | $404,800 |
| 2017 | $6,323 +3.5% | $404,800 |
| 2016 | $6,108 +15.4% | $404,800 +11.9% |
| 2015 | $5,293 +6.7% | $361,800 |
| 2014 | $4,960 +2.5% | $361,800 +0.4% |
| 2012 | $4,839 +4% | $360,300 |
| 2011 | $4,655 +4.6% | $360,300 |
| 2009 | $4,450 | $360,300 |
| 2008 | $4,450 | $360,300 +25.1% |
| 2006 | -- | $287,900 |
Find assessor info on the county website
Neighborhood: 04105
Nearby schools
GreatSchools rating
- 10/10Falmouth Elementary SchoolGrades: PK-5Distance: 5.3 mi
- 10/10Falmouth Middle SchoolGrades: 6-8Distance: 5.4 mi
- 9/10Falmouth High SchoolGrades: 9-12Distance: 5.3 mi
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- Maine
- Cumberland County
- Falmouth
- 04105
- 7 Summit Terrace
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