NOT LISTED FOR SALE

1 Main St Jay, ME 04239

Estimated Value: $129,448 - $162,000

4 Beds
1.5 Baths
2,620 Sq Ft
$55/Sq Ft Est. Value

Last Sold June 16, 2023

Last sale price $114,900 $44 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $856/month

43 Days on Market

Highlights

  • Colonial Architecture
  • Porch
  • Zoned Heating
  • No HOA
  • Tile Flooring
  • Baseboard Heating

About This Home

As of June 2023

This property has so much potential – Great visibility, location and lots of parking. Are you looking for a business site for accounting, real estate, property management, therapy, bakery, retail or leave it as it is – a hair salon. A double lot with a large, paved parking area and a 1-bedroom apartment on the second floor to help with the mortgage. The building is in great condition, it has hot water baseboard heat, a dry basement, vinyl siding and extremely high visibility to traffic on a major through road to Farmington, Mt Blue State Park, Sugarloaf & Sunday River skiing. This would be a good addition to an investment portfolio.

Last Agent to Sell the Property

Les Priest

Better Homes & Gardens Real Estate/The Masiello Group Listed on: 03/03/2023

Better Homes & Gardens Real Estate/The Masiello Group

Co-Listed By

Taylor Tarbox

Better Homes & Gardens Real Estate/The Masiello Group

Last Buyer's Agent

Deborah Joseph

Coldwell Banker Sandy River Realty

Coldwell Banker Sandy River Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,115

Year Built

  • Built in 1900

Lot Details

  • 3,920 Sq Ft Lot
  • Level Lot
  • Open Lot

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property

Flooring

  • Laminate
  • Tile
  • Vinyl

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Doghouse Basement Entry

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Electric Water Heater
  • Internet Available
  • Cable TV Available

Additional Features

  • Porch
  • City Lot

Listing and Financial Details

  • Tax Lot 109
  • Assessor Parcel Number 1MainStJayMaine

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $7,261
  • Gross Income $14,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,115

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.09
  • Road Surface Type: Paved
  • Co List Office Phone: 207-623-4182
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1310.0
  • Architectural Style: Colonial, Other Style
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 87.71
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.09
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1310.0
  • Property Information:SqFt Finished Below Grade: 1310.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Basement Entry:Doghouse: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:Stone: Yes
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 14700.0
  • Income Expenses Operating Expenses: 7261.0
  • Parking:On Site2: Yes
  • Style:Colonial: Yes
  • Roof:Pitched: Yes
  • Parking:Paved3: Yes
  • Equipment:Internet Access Available: Yes
  • Equipment:Cable: Yes
  • Building Info:_pound_ Floors3: 2
  • Advertising Remarks:Advertising Remarks: This property has so much potential – Great visibility, location and lots of parking. Are you looking for a business site for accounting, real estate, property management, therapy, bakery, retail or leave it as it is – a hair salon. A double lot with a large, paved parking area and a 1-bedroom apartment on the second floor to help with the mortgage. The building is in great condition, it has hot water baseboard heat, a dry basement, vinyl siding and extremely high visibility to traffic on a major through road to Farmington, Mt Blue State Park, Sugarloaf & Sunday River skiing. This would be a good addition to an investment portfolio.
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full, Doghouse, Unfinished
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Below Grade Sq Ft: 1310.0
  • Fireplace: No
  • Flooring: Vinyl, Tile, Laminate
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Sidewalks, Intown, Near Shopping
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Stone, Concrete Perimeter
  • Patio And Porch Features: Porch
  • Roof: Pitched, Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Paved, On Site

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3920.4
  • Parcel #: 1MainStJayMaine
  • Zoning: Unk

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 14700.0
  • Annual Operating Expense: 7261.0

Tax Info

  • Tax Annual Amount: 1115.0
  • Tax Lot: 109
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2023
Closed on
Jun 16, 2023
Sold by
Marstaller Jerry S and Marstaller Darlene A
Bought by
Zhou Joseph and Chen Yaping
Seller's Agent
Les Priest
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Deborah Joseph
Coldwell Banker Sandy River Realty
List Price
$114,900
Sold Price
$114,900
Current Estimated Value
$144,612

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,712
Avg. Annual Appreciation
9.40%
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Zhou Joseph $114,900 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2023 06/16/23 Sold $114,900 0.0% $44 / Sq Ft
04/15/2023 04/15/23 Pending -- -- --
03/03/2023 03/03/23 For Sale $114,900 -- $44 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,192 $54,160 $9,380 $44,780
2023 $1,246 $54,160 $9,380 $44,780
2022 $1,110 $54,160 $9,380 $44,780
2021 $1,110 $54,160 $9,380 $44,780
2020 $948 $54,160 $9,380 $44,780
2019 $988 $54,160 $9,380 $44,780
2018 $1,097 $54,160 $9,380 $44,780
2017 $1,219 $54,160 $9,380 $44,780
2016 $1,143 $54,160 $9,380 $44,780
2015 $934 $54,160 $9,380 $44,780
2014 $853 $54,160 $9,380 $44,780
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1553261

Maine Listings

APN: 015-109