NOT LISTED FOR SALE

1 Mill St Springvale, ME 04083

Estimated Value: $301,774 - $463,000

6 Beds
3 Baths
3,001 Sq Ft
$130/Sq Ft Est. Value

Last Sold May 31, 2019

Last sale price $195,000 $65 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $2,470/month

4 Days on Market

Highlights

  • Wood Flooring
  • Zoned Heating
  • 2-minute walk to Pence Park
  • No HOA
  • Hot Water Heating System

About This Home

As of May 2019

This is an excellent opportunity for an updated 3-unit in a growing market. Great for owner occupied or investor looking for a low maintenance investment. Plenty of room for rent increases with rents well below market rate. Separate electric, heat and hot water for each unit with a house meter for common areas. Recent updates include new heating systems, kitchens, baths, flooring. Beautiful hardwood flooring.

Last Agent to Sell the Property

Matt Boulerice

New England Realty Group LLC Listed on: 04/05/2019

Last Buyer's Agent

Joseph Butkovic

Bean Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,608

Year Built

  • Built in 1900

Lot Details

  • 2,614

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 3,001 Sq Ft Home
  • Multi-Level Property
  • Wood Flooring

Unfinished Basement

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

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Off-Street Parking

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Hot Water Heating System

Additional Features

  • 2,614 Sq Ft Lot
  • City Lot

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number SANF-000008-K000015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,608

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.06
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: RT 109 to Springvale. First right after the Courthouse on Mill St. Property is the first on the right.
  • Above Grade Finished Sq Ft: 3001.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.06
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 3001.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Driveway:Common2: Yes
  • Basement:Unfinished: Yes
  • Property Information:Number of Units: 3
  • Heat System:Multi-Zones: Yes
  • Style:Multi-Level: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Flooring: Wood, Other
  • Full Basement: Yes

Exterior Features

  • Lot Features: Sidewalks, Intown, Near Town
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2613.6
  • Parcel #: SANF-000008-K000015
  • Zoning: D

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 3608.0
  • Tax Book Number: 14817
  • Tax Lot: 8
  • Tax Map Number: 0k15
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2019
Closed on
May 30, 2019
Sold by
Katsoulis T
Bought by
Testa Thomas D and Testa Stephanie P
Seller's Agent
Matt Boulerice
New England Realty Group LLC
Buyer's Agent
Joseph Butkovic
Bean Group
List Price
$199,900
Sold Price
$195,000
Premium/Discount to List
-$4,900
-2.45%
Current Estimated Value
$372,630

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,630
Avg. Annual Appreciation
12.83%
Original Mortgage
$146,250
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 10, 2009
Sold by
Katsoulis Nicholas
Bought by
Katsoulis Childrens T

Purchase Details

Closed on
Apr 26, 2006
Sold by
Brooks Eric J
Bought by
Katsoulis Nicholas
Source: Public Records

Range of Values:

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Average Value
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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
Testa Thomas D $195,000 --
Katsoulis Childrens T -- --
Katsoulis Nicholas $142,350 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Testa Stephanie P $149,500
Closed Testa Thomas D $146,250
Previous Owner Katsoulis Nicholas $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2019 05/31/19 Sold $195,000 -2.5% $65 / Sq Ft
04/10/2019 04/10/19 Pending -- -- --
04/05/2019 04/05/19 For Sale $199,900 -- $67 / 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 $4,939 $306,000 $24,100 $281,900
2023 $4,592 $303,300 $24,100 $279,200
2022 $4,489 $303,300 $24,100 $279,200
2021 $3,849 $211,700 $24,100 $187,600
2020 $3,774 $187,200 $24,100 $163,100
2019 $3,643 $176,000 $24,100 $151,900
2018 $3,189 $176,000 $24,100 $151,900
2017 $3,650 $176,000 $24,100 $151,900
2016 $3,290 $144,700 $24,100 $120,600
2015 $3,189 $144,700 $24,100 $120,600
2014 $3,128 $144,700 $24,100 $120,600
2013 -- $144,700 $24,100 $120,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1409201

Maine Listings

APN: SANF-000008-K000015