NOT LISTED FOR SALE

1 Mcnally Terrace Unit all Newport, ME 04953

-- Bed
24 Baths
14,940 Sq Ft
2 Acres

Last Sold August 21, 2014

Last sale price $510,000 $34 Per Sq Ft

21 Days on Market

Highlights

  • 2 Acre Lot
  • Forced Air Heating System
  • Level Lot
  • No HOA
  • Hot Water Heating System
  • 4-minute walk to Riverwalk Park

About This Home

As of August 2014

24 units in village, steps from Sebasticook Lake. Former subsidized housing, most rents below market. Ideal condo conversion, w/ 15,000 SF of LS, 18-1BR units @ $21,200 & 6-2 BR units @ $30,500 raw cost with no development fees. Financials on request.

Last Agent to Sell the Property

Mark Mcnally

Bean Group Listed on: 06/04/2014

Last Buyer's Agent

Bill Trask

Bean Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,701

Year Built

  • Built in 1972

Lot Details

  • 2 Acre Lot
  • Property fronts a private road
  • Level Lot
  • Open Lot

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 24 Full Bathrooms
  • 14,940 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Vinyl

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking
  • Off-Street Parking

Location

  • City Lot

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Hot Water Heating System
  • Natural Gas Not Available
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 24 Units
  • Mcnally Terrace Housing Subdivision

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 1-24McNally TerraceallNewport1824

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,701

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 2.0
  • Road Frontage Type: Private
  • MLS Status: Closed
  • Subdivision Name: McNally Terrace Housing
  • Directions: Main Street to Shaw Street to McNally Terrace
  • Above Grade Finished Sq Ft: 14940.0
  • Architectural Style: Ranch
  • Building Stories: 1
  • Year Built: 1972
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 2.0
  • Property Information:Total Baths: 24.0
  • Property Information:SqFt Finished Above Grade: 14940.0
  • 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:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Roads:Private: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Gas:No Gas: Yes
  • Style:Ranch: Yes
  • Property Information:Number of Units: 24
  • Building Info:_pound_ Stories2: 1
  • Parking:On Site2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Has Basement: Full
  • Full Bathrooms: 24
  • Flooring: Vinyl, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Intown
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved, On Site, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 87120.0
  • Parcel #: 1-24McNally TerraceallNewport1824
  • Zoning: MR-1

Multi Family

  • Number Of Units Total: 24

Tax Info

  • Tax Annual Amount: 8701.0
  • Tax Book Number: 2343
  • Tax Lot: 24
  • Tax Map Number: 18
  • Tax Year: 13

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2014 08/21/14 Sold $510,000 -9.7% $34 / Sq Ft
06/26/2014 06/26/14 Pending -- -- --
06/04/2014 06/04/14 For Sale $565,000 -- $38 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Mark Mcnally

    Bean Group

    Section Image

  • B

    Buyer's Agent in 2014

    Bill Trask

    Bean Group

See All Agents

Map

Source: Maine Listings

MLS Number: 1138449

Maine Listings
Maine Penobscot County Newport 04953

1 Mcnally Terrace Unit all, Newport, ME

This home is located at 1 Mcnally Terrace Unit all, Newport, ME 04953 since 04 June 2014. This property was built in 1972. 1 Mcnally Terrace Unit all is a home located in Penobscot County with nearby schools including Sebasticook Valley Elementary School and Nokomis Regional Middle School/High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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