NOT LISTED FOR SALE

1 Mill Ridge Farm Ln York, ME 03909

Estimated Value: $533,665 - $786,000

3 Beds
3 Baths
2,104 Sq Ft
$301/Sq Ft Est. Value

Last Sold May 05, 2017

Last sale price $143,464 $68 Per Sq Ft

Est. 341% increase in value since last sale

Current estimated payment $3,708/month

70 Days on Market

Highlights

  • 1.33 Acre Lot
  • No HOA
  • Heating Available
  • Coastal Ridge Elementary School Rated A-
  • Open Lot
  • 1-Story Property

About This Home

As of May 2017

Investment/income opportunity with lots of options. One level, multi family home in a country setting on a 1.3 acre +/- home site in York. Home has 2 units with a total of 8 rooms, 3 bedrooms, 3 full baths and over 2100 square feet. Pine flooring and vaulted pine ceilings in some rooms. Convenient to I-95. Rent, move-in or both!

Last Agent to Sell the Property

David Torres

RealHome Services and Solutions Inc Brokerage Email: sherry.price@rhss.com Listed on: 01/04/2017

Last Buyer's Agent

David Torres

RealHome Services and Solutions Inc Brokerage Email: sherry.price@rhss.com Listed on: 01/04/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,657

Year Built

  • Built in 1970

Lot Details

  • 1.33 Acre Lot
  • Open Lot

Parking

  • Off-Street Parking

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3 Full Bathrooms
  • 2,104 Sq Ft Home
  • 1-Story Property

Utilities

  • No Cooling
  • Heating Available

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 65
  • Assessor Parcel Number YORK-000094-000000-000065

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,657

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 1.33
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From US-1 / Blue Star Memorial Hwy toward Squire Ln, left onto Mill Ridge Farm Ln.
  • Above Grade Finished Sq Ft: 2104.0
  • Architectural Style: Other Style
  • Building Stories: 1
  • Year Built: 1970
  • Attribution Contact: sherry.price@rhss.com
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.33
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2104.0
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Roof:Shingle: Yes
  • Cooling:None3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Roof:Composition2: Yes
  • Property Information:Number of Units: 2
  • Building Info:_pound_ Stories2: 1
  • Property Information:Bank Owned REO: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Has Basement: None, Not Applicable
  • Full Bathrooms: 3
  • Fireplace: No
  • Flooring: Other

Exterior Features

  • Lot Features: Open Lot, Subdivided
  • Waterfront: No
  • Construction Type: Other Exterior, Other
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Other, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Other Heat System
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Other
  • Water Source: Other

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 57934.8
  • Parcel #: YORK-000094-000000-000065
  • Zoning: RES

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2657.0
  • Tax Book Number: 17290
  • Tax Lot: 65
  • Tax Map Number: 94
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2019
Sold by
Morse Brian
Bought by
Peterson Leah M
Current Estimated Value
$633,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,765
Outstanding Balance
$250,037
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$383,129

Purchase Details

Listed on
Jan 4, 2017
Closed on
May 10, 2017
Sold by
Us Bank Na Tr
Bought by
Morse Brian
Seller's Agent
David Torres
RealHome Services and Solutions Inc
Buyer's Agent
David Torres
RealHome Services and Solutions Inc
List Price
$179,500
Sold Price
$143,464
Premium/Discount to List
-$36,036
-20.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.43%

Purchase Details

Closed on
Aug 3, 2016
Sold by
Us Bank Na Tr
Bought by
Us Bank Na Tr

Purchase Details

Closed on
Jul 19, 2016
Sold by
Us Bank Na Tr
Bought by
Us Bank Na Tr
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Peterson Leah M -- --
Morse Brian $143,464 --
Us Bank Na Tr -- --
Us Bank Na Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peterson Leah $150,000
Open Peterson Leah M $283,765
Previous Owner Morse Brian E $75,000
Previous Owner Bakke Eric J $298,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2017 05/05/17 Sold $143,464 -20.1% $68 / Sq Ft
03/16/2017 03/16/17 Pending -- -- --
01/04/2017 01/04/17 For Sale $179,500 -- $85 / 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 $3,405 $405,300 $140,700 $264,600
2023 $3,425 $405,300 $140,700 $264,600
2022 $3,461 $404,800 $140,700 $264,100
2021 $3,444 $346,100 $115,400 $230,700
2020 $3,384 $304,900 $115,400 $189,500
2019 $3,400 $304,900 $115,400 $189,500
2018 $1,590 $283,300 $93,800 $189,500
2017 $2,129 $194,400 $93,800 $100,600
2016 $2,657 $238,300 $93,800 $144,500
2015 $7,886 $716,900 $99,400 $617,500
2014 $7,671 $716,900 $99,400 $617,500
2013 $7,477 $716,900 $99,400 $617,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1291811

Maine Listings

APN: YORK-000094-000000-000065