Seller's Agent in 2021
Richard Kenefic
ERA Dawson-Bradford Co.
(207) 299-7695
2 in this area
46 Total Sales
1 Rio St Bangor, ME 04401
West Bangor NeighborhoodEstimated Value: $179,000 - $235,000
5
Beds
1
Bath
1,365
Sq Ft
$149/Sq Ft
Est. Value
Highlights
- Cape Cod Architecture
- No HOA
- Living Room
- Wood Flooring
- Enclosed Glass Porch
- Dining Room
About This Home
As of October 2021This is a fantastic opportunity for investors. With 5 bedrooms right in town, the income potential is fantastic! While it was being updated, a fire broke out and it suffered damage from both the fire, and the effort to put out the fire. It needs quite a bit of work, but most of the siding and roof are still in great shape. Don't miss out on this fantastic opportunity to get a low cost investment property with such a high income potential!
Home Details
Home Type
- Single Family
Year Built
- Built in 1900
Lot Details
- 3,485 Sq Ft Lot
- Level Lot
Home Design
- Cape Cod Architecture
- Concrete Foundation
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1,365 Sq Ft Home
- Living Room
- Dining Room
Flooring
- Wood
- Laminate
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- 1 Full Bathroom
Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- Driveway
- Paved Parking
Utilities
- No Cooling
- Heating System Uses Oil
- Baseboard Heating
- Natural Gas Not Available
- Oil Water Heater
Additional Features
- Enclosed Glass Porch
- City Lot
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 104
- Assessor Parcel Number BANG-000025-000000-000104
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 26, 2021
Closed on
Oct 4, 2021
Sold by
Sullivan Daniel S
Bought by
Onpoint Management Llc
Seller's Agent
Richard Kenefic
ERA Dawson-Bradford Co.
Buyer's Agent
Jean Point Du Jour
ERA Dawson-Bradford Co.
List Price
$40,000
Sold Price
$40,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,933
Avg. Annual Appreciation
50.09%
Original Mortgage
$95,000
Interest Rate
2.8%
Mortgage Type
Commercial
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Onpoint Management Llc | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Onpoint Management Llc | $152,500 | |
| Closed | Onpoint Management Llc | $48,000 | |
| Closed | Onpoint Management Llc | $115,000 | |
| Closed | Onpoint Management Llc | $95,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/04/2021 10/04/21 | Sold | $40,000 | 0.0% | $29 / Sq Ft |
| 08/30/2021 08/30/21 | Pending | -- | -- | -- |
| 08/26/2021 08/26/21 | For Sale | $40,000 | -- | $29 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $2,860 | $154,200 | $9,900 | $144,300 |
| 2023 | $2,687 | $140,300 | $9,900 | $130,400 |
| 2022 | $2,130 | $104,400 | $9,900 | $94,500 |
| 2021 | $1,960 | $87,900 | $9,100 | $78,800 |
| 2020 | $1,870 | $80,600 | $8,700 | $71,900 |
| 2019 | $1,792 | $77,900 | $8,700 | $69,200 |
| 2018 | $1,230 | $73,600 | $8,500 | $65,100 |
| 2017 | $1,288 | $74,600 | $8,500 | $66,100 |
| 2016 | $1,683 | $74,800 | $8,500 | $66,300 |
| 2015 | $1,642 | $74,800 | $8,500 | $66,300 |
| 2014 | $1,618 | $74,200 | $8,500 | $65,700 |
| 2013 | $1,541 | $74,100 | $8,400 | $65,700 |
Source: Public Records
Agents Affiliated with this Home
-
Richard Kenefic
-
Jean Point Du Jour
J
Buyer's Agent in 2021
Jean Point Du Jour
ERA Dawson-Bradford Co.
(207) 944-8736
9 in this area
30 Total Sales
Map
Source: Maine Listings
MLS Number: 1506662
APN: BANG-000025-000000-000104
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