NOT LISTED FOR SALE

1 Wileys Ln Owls Head, ME 04854

Estimated Value: $492,727 - $585,000

5 Beds
3 Baths
2,808 Sq Ft
$195/Sq Ft Est. Value

Sale Details

Date Sold: April 28, 2022

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

Est. 30% increase in value since last sale

Current estimated payment $3,389 / mo

5 Days on Market

Highlights

  • Deck
  • No HOA
  • Zoned Heating
  • Post and Beam
  • Porch
  • Property is near shops

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

RE/MAX JARET & COHN Listed on: 02/21/2022

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

Home Design

  • Post and Beam
  • Shingle Roof

Interior Spaces

  • 3 Full Bathrooms
  • 2,808 Sq Ft Home
  • 3-Story Property
  • Interior Basement Entry

Flooring

  • Carpet
  • Vinyl

Outdoor Features

  • Deck
  • Porch

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Mounted To A Wall or Window

Additional Features

  • 5,227 Sq Ft Lot
  • Property is near shops

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
  • MLS Status: Closed
  • Directions: Right off Rt 73, Wileys Ln, look for sign
  • Above Grade Finished Sq Ft: 2808.0
  • Architectural Style: Other
  • Garage Yn: No
  • Unit Levels: Multi-Level
  • Building Stories: 3
  • Structure Type: Post & Beam
  • Year Built: 1900
  • Contract Information:List PriceSqFt: 142.09
  • Property Information:Seasonal: No
  • Water Info:Water View2: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Interior Entry
  • Full Bathrooms: 3
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Stories: 3

Exterior Features

  • Waterfront: No
  • Patio And Porch Features: Deck, Porch
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater, Zoned
  • 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: 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
RE/MAX JARET & COHN
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
$546,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,787
Avg. Annual Appreciation
6.56%
Original Mortgage
$316,421
Outstanding Balance
$294,367
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$252,315
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Sherry Jon $421,895 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $5,175 $562,500 $84,900 $477,600
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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