NOT LISTED FOR SALE

10 Main St Jay, ME 04239

Estimated Value: $192,000 - $220,000

Studio
2 Baths
5,900 Sq Ft
$34/Sq Ft Est. Value

Sale Details

Date Sold: December 17, 2021

Last sale price $130,000 $22 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $1,308 / mo

147 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Baseboard Heating
  • New Englander Architecture
  • Property is near shops
  • Level Lot

About This Home

As of December 2021

Great investment opportunity! Earn an income from one building while renovating the other. The first building currently houses a self-service laundromat on the 1st floor and 2 occupied apartments on the 2nd and 3rd floors. Income for all 3 runs approximately $2200/mo. The second building has been unoccupied since 2009. The 1st floor was used as a grocery store while the 2nd and 3rd floors combined was a 4BR/1BA apartment. With come creativity, this space could be converted into 2 separate apartments. Great in-town visibility. Off-street parking for 10-15 vehicles is a plus! Make a showing appointment today and let your imagination run!

Last Agent to Sell the Property

Kenneth Jacques

Meservier & Associates Listed on: 04/14/2021

Last Buyer's Agent

Kenneth Jacques

Bean Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,779

Year Built

  • Built in 1900

Lot Details

  • 10,890 Sq Ft Lot
  • Level Lot
  • Open Lot

Home Design

  • 5,900 Sq Ft Home
  • New Englander Architecture
  • Brick Foundation
  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Basement

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

Parking

  • No Driveway
  • Paved Parking
  • On-Site Parking

Location

  • Property is near shops
  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Internet Available

Listing and Financial Details

  • Tax Lot 7,8,9
  • Assessor Parcel Number 12MainStreetJay04239

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • 6-Story Property

Building Details

  • Gross Income $26,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,779

Year Built

Built in 1900

Lot Details

0.25 Acres

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.25
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 5900.0
  • Architectural Style: New Englander
  • Garage Yn: No
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 23.56
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.25
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 5900.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Roof:Metal: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:BrickMortar2: Yes
  • Foundation Materials:Stone: Yes
  • Income Expenses Gross Income: 26400.0
  • Parking:On Site2: Yes
  • Exterior:Wood Siding: Yes
  • Parking:Paved3: Yes
  • Equipment:Internet Access Available: Yes
  • Driveway:No Driveway: Yes
  • Property Information:Deed Restrictions: Unknown
  • Style:New Englander: Yes
  • Electric:Fuses: Yes
  • Heat System:No Heat System: Yes
  • Building Info:_pound_ Floors3: 6
  • Advertising Remarks:Advertising Remarks: Great investment opportunity! Earn an income from one building while renovating the other. The first building currently houses a self-service laundromat on the 1st floor and 2 occupied apartments on the 2nd and 3rd floors. Income for all 3 runs approximately $2200/mo. The second building has been unoccupied since 2009. The 1st floor was used as a grocery store while the 2nd and 3rd floors combined was a 4BR/1BA apartment. With come creativity, this space could be converted into 2 separate apartments. Great in-town visibility. Off-street parking for 10-15 vehicles is a plus! Make a showing appointment today and let your imagination run!
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Interior Entry
  • Full Bathrooms: 2
  • Flooring: Wood, Vinyl, Carpet
  • Stories: 6
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Sidewalks, Intown, Near Shopping
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Stone, Concrete Perimeter, Brick/Mortar
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Driveway, 11 - 20 Spaces, On Site, Paved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: No Heat System, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Fuses, 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: 10890.0
  • Parcel #: 12MainStreetJay04239
  • Zoning: mixed

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 26400.0

Tax Info

  • Tax Annual Amount: 2779.0
  • Tax Lot: 7,8,9
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 2024
Sold by
10-14 Main Street Llc
Bought by
Storer Richard E
Current Estimated Value
$203,538

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Outstanding Balance
$117,712
Interest Rate
6.77%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$85,826
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
Storer Richard E $160,000 None Available
Storer Richard E $160,000 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 Storer Richard E $120,000
Closed Storer Richard E $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2021 12/17/21 Sold $130,000 -6.5% $22 / Sq Ft
09/09/2021 09/09/21 Pending -- -- --
04/14/2021 04/14/21 For Sale $139,000 -- $24 / 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 $2,460 $205,000 $36,830 $168,170
2024 $1,806 $82,080 $9,680 $72,400
2023 $1,888 $82,080 $9,680 $72,400
2022 $1,683 $82,080 $9,680 $72,400
2021 $1,683 $82,080 $9,680 $72,400
2020 $1,436 $82,080 $9,680 $72,400
2019 $1,498 $82,080 $9,680 $72,400
2018 $1,662 $82,080 $9,680 $72,400
2017 $1,847 $82,080 $9,680 $72,400
2016 $1,732 $82,080 $9,680 $72,400
2015 $1,416 $82,080 $9,680 $72,400
2014 $1,293 $82,080 $9,680 $72,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1487701

Maine Listings

APN: JAYY-000015-000000-000007

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