NOT LISTED FOR SALE

1 Wileys Ln Owls Head, ME 04854

Estimated Value: $467,175 - $605,000

5 Beds
3 Baths
2,808 Sq Ft
$191/Sq Ft Est. Value

Last Sold April 28, 2022

Last sale price $421,895 $150 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,016/month

5 Days on Market

Highlights

  • Deck
  • Main Floor Bedroom
  • No HOA
  • Post and Beam
  • Corner Lot
  • Porch

About This Home

As of April 2022

New opportunity to own a 3-unit rental property in beautiful Owls Head. Within 4 minutes from downtown Rockland, close to all town's amenities. The property includes 4 parking spots and a patio area in the back. Each unit has 2 bedrooms, 1 full bath and living room/kitchen area. First and second floor units are similar. Third floor unit has a considerable loft space, a private deck and several skylights. All units have strong rental history. ****

Last Agent to Sell the Property

Anamaria Nebunu

Better Homes & Gardens Real Estate/The Masiello Group Listed on: 02/21/2022

Better Homes & Gardens Real Estate/The Masiello Group

Last Buyer's Agent

Elaine Meklin

Cates Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,328

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Street terminates at a dead end
  • Corner Lot
  • Level Lot

Home Design

  • Post and Beam
  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,808 Sq Ft Home
  • 3-Story Property
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 3 Full Bathrooms
  • Bathtub
  • Shower Only

Unfinished Basement

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

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking
  • On-Site Parking

Outdoor Features

  • Deck
  • Porch

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Gas
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number OWLS-000016-000000-000023

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $7,204
  • Gross Income $25,920

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,328

Year Built

Built in 1900

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.12
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Right off Rt 73, Wileys Ln, look for sign
  • Above Grade Finished Sq Ft: 2808.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Building Stories: 3
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 142.09
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.12
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2808.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Property Information:Number of Units: 3
  • Foundation Materials:BrickMortar2: Yes
  • Foundation Materials:Stone: Yes
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 25920.0
  • Income Expenses Operating Expenses: 7204.0
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Amenities:Bathtub: Yes
  • Basement:BrickMortar: Yes
  • Roads:Dead End: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Heat System:Direct Vent Heater: Yes
  • Construction:Post Beam: Yes
  • Building Info:_pound_ Floors3: 3
  • Advertising Remarks:Advertising Remarks: New opportunity to own a 3-unit rental property in beautiful Owls Head. Within 4 minutes from downtown Rockland, close to all town's amenities. The property includes 4 parking spots and a patio area in the back. Each unit has 2 bedrooms, 1 full bath and living room/kitchen area. First and second floor units are similar. Third floor unit has a considerable loft space, a private deck and several skylights. All units have strong rental history. ****
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Brick/Mortar, Full, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: 1st Floor Bedroom, Bathtub, Shower
  • Stories: 3
  • Full Basement: Yes

Exterior Features

  • Lot Features: Corner Lot, Level, Near Shopping, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Post & Beam, Wood Frame
  • Foundation Details: Stone, Brick/Mortar
  • Patio And Porch Features: Deck, Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved, Common, On Site

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Direct Vent Heater
  • 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: 5227.2
  • Parcel #: OWLS-000016-000000-000023
  • Zoning: 11 Residential

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 25920.0
  • Annual Operating Expense: 7204.0

Tax Info

  • Tax Annual Amount: 2328.08
  • Tax Lot: 23
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2022
Closed on
Apr 28, 2022
Sold by
Lowe Elliot P
Bought by
Sherry Jon
Seller's Agent
Anamaria Nebunu
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Elaine Meklin
Cates Real Estate
List Price
$399,000
Sold Price
$421,895
Premium/Discount to List
$22,895
5.74%
Current Estimated Value
$535,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,899
Avg. Annual Appreciation
6.35%
Original Mortgage
$316,421
Outstanding Balance
$294,885
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$240,909
Source: Public Records
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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
Sherry Jon $421,895 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sherry Jon $316,421
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2022 04/28/22 Sold $421,895 +5.7% $150 / Sq Ft
02/27/2022 02/27/22 Pending -- -- --
02/21/2022 02/21/22 For Sale $399,000 -- $142 / Sq Ft
Source: Maine Listings

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 $2,734 $176,400 $16,800 $159,600
2023 $2,734 $176,400 $16,800 $159,600
2022 $2,469 $176,370 $16,800 $159,570
2021 $2,328 $176,370 $16,800 $159,570
2020 $2,116 $176,370 $16,800 $159,570
2019 $2,028 $176,370 $16,800 $159,570
2018 $2,677 $176,370 $16,800 $159,570
2017 $1,861 $176,370 $16,800 $159,570
2016 $1,870 $176,370 $16,800 $159,570
2015 $1,852 $176,370 $16,800 $159,570
2014 $1,693 $176,370 $16,800 $159,570
2013 $1,720 $176,370 $16,800 $159,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1520104

Maine Listings

APN: OWLS-000016-000000-000023

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