NOT LISTED FOR SALE

10 State St Sanford, ME 04073

Estimated Value: $440,000 - $495,000

3 Beds
3 Baths
3,920 Sq Ft
$119/Sq Ft Est. Value

Last Sold December 22, 2022

Last sale price $364,000 $93 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,000/month

100 Days on Market

Highlights

  • No HOA
  • Zoned Heating
  • Level Lot
  • Tile Flooring
  • Baseboard Heating

About This Home

As of December 2022

This 3 unit property has had two of the three units renovated. This property has also had lead based paint abated by Community Concepts and new siding. Property has been 100 percent occupied by long term tenants. The property is listed as parcel 3 on the deed and is being conveyed by the seller with another piece of property listed as Parcel 1 on the Deed and abuts this property. See documents for more info. Price reduced to sell

Last Agent to Sell the Property

Scott Thibeau

EXP Realty Listed on: 09/07/2022

EXP Realty

Last Buyer's Agent

Natasha Williams

Portside Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,420

Year Built

  • Built in 1910

Lot Details

  • 6,534 Sq Ft Lot
  • Level Lot

Parking

  • Gravel Driveway

Home Design

  • Block Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Masonry

Interior Spaces

  • 3 Full Bathrooms
  • 3,920 Sq Ft Home
  • Unfinished Basement
  • Interior and Exterior Basement Entry

Flooring

  • Carpet
  • Laminate
  • Tile

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Baseboard Heating
  • Natural Gas Not Available

Listing and Financial Details

  • Assessor Parcel Number SANF-000056-L000027

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $24,412
  • Gross Income $41,592

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,420

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.15
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 3920.0
  • Architectural Style: Other Style
  • Garage Yn: No
  • Year Built: 1910
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.15
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 3920.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Basement:Unfinished: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 3
  • Foundation Materials:Stone: Yes
  • Heat System:Multi-Zones: Yes
  • Income Expenses Gross Income: 41592.39
  • Income Expenses Operating Expenses: 24411.84
  • Foundation Materials:Block3: Yes
  • Driveway:Gravel: Yes
  • Basement Entry:Exterior Only: Yes
  • Construction:Masonry: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Interior Entry, Exterior Only, Unfinished
  • Full Bathrooms: 3
  • Flooring: Tile, Laminate, Carpet

Exterior Features

  • Lot Features: Level, Sidewalks, Near Shopping, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Masonry, Wood Frame
  • Foundation Details: Block, Stone
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Baseboard
  • 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: 6534.0
  • Parcel #: SANF-000056-L000027
  • Zoning: UB

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 41592.39
  • Annual Operating Expense: 24411.84

Tax Info

  • Tax Annual Amount: 4420.0
  • Tax Book Number: 17660
  • Tax Lot: 0000
  • Tax Map Number: OL27
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2022
Closed on
Dec 22, 2022
Sold by
Sanford & Son Llc
Bought by
Miguel Manuel C and Miguel Fabiana
Seller's Agent
Scott Thibeau
EXP Realty
Buyer's Agent
Natasha Williams
Portside Real Estate Group
List Price
$435,000
Sold Price
$364,000
Premium/Discount to List
-$71,000
-16.32%
Views
13
Current Estimated Value
$458,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,377
Avg. Annual Appreciation
8.41%
Original Mortgage
$357,407
Outstanding Balance
$348,993
Interest Rate
7.08%
Mortgage Type
FHA
Estimated Equity
$100,778
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
Miguel Manuel C $361,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miguel Manuel C $357,407
Previous Owner Burns Brian $30,000
Previous Owner Burns Brian $100,000
Previous Owner Sanford&Son Llc $210,000
Previous Owner Mcneil Faith M $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2022 12/22/22 Sold $364,000 -16.3% $93 / Sq Ft
08/30/2022 08/30/22 For Sale $435,000 -- $111 / 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 $5,633 $349,000 $32,200 $316,800
2023 $5,238 $346,000 $32,200 $313,800
2022 $5,121 $346,000 $32,200 $313,800
2021 $4,420 $243,100 $32,200 $210,900
2020 $4,344 $215,500 $32,200 $183,300
2019 $4,200 $202,900 $32,200 $170,700
2018 $3,330 $202,900 $32,200 $170,700
2017 $4,208 $202,900 $32,200 $170,700
2016 $3,666 $161,200 $32,200 $129,000
2015 $3,330 $151,100 $32,200 $118,900
2014 $3,267 $151,100 $32,200 $118,900
2013 -- $151,100 $32,200 $118,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1541552

Maine Listings

APN: SANF-000056-L000027