348 US ROUTE 1
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Location
348 US ROUTE 1
Mblu
U53/ 3/ / /
Acct#
Owner
MAINE STATE BALLET
Total Market Value
$1,553,200
Appraisal
$1,553,200
PID
3904
Building Count
1
Tax Sheet
163
Current Value
Appraisal
Valuation YearBuildingExtra FeaturesOutbuildingsLandTotal
2025$734,100$11,200$40,500$767,400$1,553,200
Assessment
Valuation YearBuildingExtra FeaturesOutbuildingsLandTotal
2025$734,100$11,200$40,500$767,400$1,553,200

Owner of Record
OwnerMAINE STATE BALLET
Co-Owner
Address348 US ROUTE 1
FALMOUTH, ME 04105
Sale Price$0
Certificate
Book & Page 37578/0053
Sale Date12/08/2020
Instrument1T

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
MAINE STATE BALLET$0 37578/00531T12/08/2020
MAINE STATE BALLET$803,000 21765/02011G09/09/2004
TIMM PROPERTIES LLC$0 16115/01890003/21/2001
TIMM DOUGLAS A$530,000 12422/00741N03/28/1996
KEY BANK OF MAINE$0 12322/02601L01/25/1996

Building Information
Building 1 : Section 1
Year Built: 1982
Living Area: 18,524
Replacement Cost: $991,960
Building Percent Good: 74
Replacement Cost
Less Depreciation:

$734,100
Building Attributes
FieldDescription
Style:Office/Warehouse
ModelCommercial
GradeAverage
Stories:1
Occupancy2.00
Exterior Wall 1Brick Veneer
Exterior Wall 2Concr/Cinder
Roof StructureFlat
Roof CoverTar & Grvl/Rub
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2Average
Heating FuelGas
Heating TypeHot Air-no Duc
AC TypeHeat Pump
Bldg UseEDUC BLDG MDL-94
Total Rooms 
Total Bedrms00
Total Baths0
1st Floor Use:3510
Heat/ACHEAT/AC PKGS
Frame TypeMASONRY
Baths/PlumbingAVERAGE
Ceiling/WallWALLS NO CEIL
Rooms/PrtnsAVERAGE
Wall Height14.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area
Living
Area
BASFirst Floor 18,524 18,524
   18,524 18,524

Extra Features
Extra Features
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
A/CCENTRAL AIR  6728.00 S.F.$9,8001
LDL1LOAD LEVELERS  2.00 UNITS$1,4001

Land
Land Use
Use Code3510
DescriptionEDUC BLDG MDL-94  
Neighborhood
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)2.58
Frontage0
Depth0
Total Market Land$767,400
Appraised Value$767,400

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1PAVING-ASPHALT  15000.00 S.F.$40,5001
Valuation History
Appraisal
Valuation YearBuildingExtra FeaturesOutbuildingsLandTotal
2025$734,100$11,200$40,500$767,400$1,553,200
2024$734,100$11,200$40,500$767,400$1,553,200
2023$734,100$11,200$40,500$767,400$1,553,200

Assessment
Valuation YearBuildingExtra FeaturesOutbuildingsLandTotal
2025$734,100$11,200$40,500$767,400$1,553,200
2024$734,100$11,200$40,500$767,400$1,553,200
2023$734,100$11,200$40,500$767,400$1,553,200

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