NOT LISTED FOR SALE

10 Kimball St Sanford, ME 04073

Estimated Value: $366,064 - $503,000

5 Beds
2 Baths
2,674 Sq Ft
$156/Sq Ft Est. Value

Last Sold April 07, 2023

Last sale price $330,000 $123 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,542/month

4 Days on Market

Highlights

  • No HOA
  • Property is near shops
  • 1 Car Garage
  • Air Conditioning
  • Forced Air Heating System
  • 4-minute walk to Benton Playground

About This Home

As of April 2023

Investors take notice! This in town multi family would please your portfolio. The units are set up with one on the first floor and the second on the second floor. Both unit have been updated and have 3 bedroom and 1 bath. Both units are very spacious with lots of storage. There is one furnace which was switched over to natural gas 2 years ago, and two separate electrical panels. The parcel has two paved driveways for tenants parking with one having a one car garage. The duplex is walking distance to local stores and services. A little gem in the middle of it all.

Last Agent to Sell the Property

Kimberly Bohn

RE/MAX Realty One Listed on: 02/13/2023

Last Buyer's Agent

Karen Cudworth

Lakeside Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,700

Year Built

  • Built in 1880

Lot Details

  • 6,970 Sq Ft Lot

Parking

  • 1 Car Garage
  • Driveway

Home Design

  • Duplex
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding
  • Vinyl Siding
  • Clapboard

Interior Spaces

  • 2 Full Bathrooms
  • 2,674 Sq Ft Home
  • Multi-Level Property

Flooring

  • Carpet
  • Laminate
  • Vinyl

Basement

  • Walk-Out Basement
  • Brick Basement
  • Interior Basement Entry

Location

  • Property is near shops
  • City Lot

Utilities

  • Air Conditioning
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot .16
  • Assessor Parcel Number SANF-000034-K000030

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $13,276
  • Gross Income $25,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,700

Year Built

Built in 1880

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.16
  • MLS Status: Closed
  • Directions: Main street in Sanford, turn onto Kimball Street, property is the first on the left
  • Above Grade Finished Sq Ft: 2674.0
  • Architectural Style: Duplex, Multi-Level
  • Garage Yn: Yes
  • Year Built: 1880
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.16
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2674.0
  • Property Information:Garage: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: 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
  • Basement Entry:Walk-Out: Yes
  • Property Information:Garage Spaces: 1.0
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Heat Fuel:Gas Natural: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 2
  • Exterior:Clapboard: Yes
  • Income Expenses Gross Income: 25800.0
  • Income Expenses Operating Expenses: 13276.0
  • Style:Multi-Level: Yes
  • Style:Duplex: Yes
  • Gas:Natural - At Street: Yes
  • Property Information:Short Sale Continue to Show: No
  • Basement:BrickMortar: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Cooling:AC Units: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Brick/Mortar, Interior Entry, Walk-Out Access
  • Full Bathrooms: 2
  • Flooring: Vinyl, Laminate, Carpet

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: 1 - 4 Spaces, Paved

Utilities

  • Cooling: A/C Units
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Sanford Public Schools

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6969.6
  • Parcel #: SANF-000034-K000030
  • Zoning: UB

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 25800.0
  • Annual Operating Expense: 13276.0

Tax Info

  • Tax Annual Amount: 3700.0
  • Tax Book Number: 17064
  • Tax Lot: .16
  • Tax Map Number: K30
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2023
Closed on
Apr 7, 2023
Sold by
Russell D Strough T
Bought by
Lovely Colby
Seller's Agent
Kimberly Bohn
RE/MAX Realty One
Buyer's Agent
Karen Cudworth
Lakeside Realty, LLC
List Price
$329,900
Sold Price
$330,000
Premium/Discount to List
$100
0.03%
Current Estimated Value
$417,016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,016
Avg. Annual Appreciation
9.69%
Original Mortgage
$313,500
Outstanding Balance
$304,867
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$112,149

Purchase Details

Closed on
Apr 7, 2015
Sold by
Turner Ronald L
Bought by
Federal National Mortgage Association
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
Lovely Colby $330,000 None Available
Federal National Mortgage Association -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lovely Colby $313,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2023 04/07/23 Sold $330,000 0.0% $123 / Sq Ft
02/17/2023 02/17/23 Pending -- -- --
02/13/2023 02/13/23 For Sale $329,900 -- $123 / 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 $3,969 $245,900 $32,900 $213,000
2023 $3,693 $243,900 $32,900 $211,000
2022 $3,700 $250,000 $32,900 $217,100
2021 $1,889 $103,900 $32,900 $71,000
2020 $2,010 $99,700 $32,900 $66,800
2019 $2,064 $99,700 $32,900 $66,800
2018 $2,044 $99,700 $32,900 $66,800
2017 $2,068 $99,700 $32,900 $66,800
2016 $2,731 $120,100 $32,800 $87,300
2015 $2,647 $120,100 $32,800 $87,300
2014 $2,597 $120,100 $32,800 $87,300
2013 -- $120,100 $32,800 $87,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1552310

Maine Listings

APN: SANF-000034-K000030