Active

Price cut: $10K (5/7)

$539,900

516 Falmouth Road, Windham, ME 04062

3beds

1,915sqft

Est.:

Single Family Residence

Built in 2004

0.54 Acres Lot

$535,600 Zestimate^®

$282/sqft

$-- HOA

What's special

Oversized windowsClean updated feel throughoutConvenient laundryBright and inviting homeSpacious third bedroomQuiet private lot

BACK ON THE MARKET BY NO FAULT OF SELLER! Well-maintained and move-in ready, this bright and inviting home is set on a quiet, private lot just minutes from town. Tucked back from the road and surrounded by a natural tree buffer, it offers a great balance of privacy and convenience. Inside, you'll find an open-concept kitchen, living, and dining area, with oversized windows and a clean, updated feel throughout. The second floor features a large primary bedroom with a walk-in closet, plus a second bedroom and full bath. The first floor offers a spacious third bedroom, an additional full bathroom, and convenient laundry. A sliding glass door leads to a large deck, perfect for relaxing or entertaining. The backyard provides plenty of space for outdoor enjoyment, as well as room for expansion with a garage or ADU. Enjoy a peaceful setting while being just minutes from shopping, dining, and the beautiful Lakes Region.

37 days

1,284

71

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Primary bedroom

Features: Walk-In Closet(s)
Level: Second

Bedroom 2

Features: Closet
Level: Second

Bedroom 3

Features: Closet
Level: First

Dining room

Features: Dining Area, Informal
Level: First

Kitchen

Features: Breakfast Nook, Eat-in Kitchen, Kitchen Island, Pantry
Level: First

Living room

Features: Informal
Level: First

Heating

Baseboard, Hot Water, Zoned

Cooling

Other

Appliances

Included: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer

Features

1st Floor Bedroom, Bathtub, Pantry, Walk-In Closet(s)
Flooring: Carpet, Tile, Wood
Windows: Double Pane Windows
Basement: Doghouse,Interior Entry,Full,Unfinished
Has fireplace: No

Interior area

Total structure area: 1,915
Total interior livable area: 1,915 sqft
Finished area above ground: 1,915
Finished area below ground: 0

Property

Parking

Parking features: Paved, 5 - 10 Spaces, On Site, Off Street

Features

Patio & porch: Deck

Lot

Size: 0.54 Acres
Features: Near Golf Course, Near Public Beach, Near Turnpike/Interstate, Near Town, Neighborhood, Level, Open Lot, Wooded

Details

Additional structures: Shed(s)
Parcel number: WINMM19BB119L1
Zoning: RM
Other equipment: Satellite Dish

Construction

Type & style

Home type: SingleFamily
Architectural style: Cape Cod
Property subtype: Single Family Residence

Materials

Wood Frame, Vinyl Siding
Foundation: Poured Concrete
Roof: Shingle

Condition

Year built: 2004

Utilities & green energy

Electric: On Site, Circuit Breakers, Underground
Sewer: Septic Design Available
Water: Public
Utilities for property: Utilities On

Green energy

Energy efficient items: Water Heater, LED Light Fixtures, Thermostat

Community & HOA

Location

Region: Windham

Financial & listing details

Price per square foot: $282/sqft
Tax assessed value: $440,800
Annual tax amount: $5,316
Date on market: 5/19/2026
Electric utility on property: Yes
Road surface type: Paved

Estimated market value

$535,600

$509,000 - $562,000

$2,919/mo

Price history

Date	Event	Price
5/7/2026	Price change	$539,900-1.8%$282/sqft
Source: Maine Listings #1657976 Report a problem
4/16/2026	Price change	$549,900+11.1%$287/sqft
Source: Maine Listings #1657976 Report a problem
10/29/2024	Pending sale	$495,000-5.7%$258/sqft
Source: Maine Listings #1604652 Report a problem
10/25/2024	Sold	$525,000+6.1%$274/sqft
Source: Maine Listings #1604652 Report a problem
9/27/2024	Contingent	$495,000$258/sqft
Source: Maine Listings #1604652 Report a problem
9/23/2024	Listed for sale	$495,000+101.2%$258/sqft
Source: Maine Listings #1604652 Report a problem
5/11/2023	Sold	$246,000$128/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$5,056 +7.9%	$440,800 +5.4%
2023	$4,686 +8.5%	$418,400 +12.5%
2022	$4,317 +8.8%	$371,800 +40.6%
2020	$3,968 +0%	$264,500 -0.8%
2019	$3,968 +6.9%	$266,500 +9%
2018	$3,712 +4.3%	$244,500 +12.9%
2017	$3,559 +4.6%	$216,600
2016	$3,401 +3.7%	$216,600
2015	$3,281 +3.3%	$216,600
2014	$3,178 +1.5%	$216,600
2013	$3,130 +4%	$216,600
2011	$3,011 +3.8%	$216,600 -12.3%
2009	$2,902 +3.1%	$247,000
2008	$2,816	$247,000 +52.8%
2005	--	$161,600

Find assessor info on the county website

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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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