NOT LISTED FOR SALE

101 Front St Old Town, ME 04468

Estimated Value: $215,000 - $273,000

5 Beds
3 Baths
1,772 Sq Ft
$134/Sq Ft Est. Value

Last Sold March 18, 2021

Last sale price $137,000 $77 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $1,642/month

358 Days on Market

Highlights

  • River Front
  • Cooling Available
  • Lot Has A Rolling Slope
  • No HOA
  • Baseboard Heating
  • Carpet

About This Home

As of March 2021

Multi unit with three apartments, 2 of the apartments are two bedroom, the other is a one bedroom apartment. This is an in town property close to shopping, University of Maine. This would be a great starter property for the new investor.

Last Agent to Sell the Property

James Pike

Dewitt-Jones Realty Listed on: 12/28/2020

Last Buyer's Agent

Augustine Ofili

ERA Dawson-Bradford Co.

ERA Dawson-Bradford Co.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,072

Year Built

  • Built in 1900

Lot Details

  • 6,098 Sq Ft Lot
  • River Front
  • Lot Has A Rolling Slope

Home Design

  • 1,772 Sq Ft Home
  • Concrete Foundation
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Flooring

  • Carpet
  • Vinyl

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking

Utilities

  • Cooling Available
  • Heating System Uses Oil
  • Heat Pump System
  • Baseboard Heating
  • Natural Gas Not Available
  • Electric Water Heater

Additional Features

  • 3 Full Bathrooms
  • City Lot

Listing and Financial Details

  • Tax Lot 205
  • Assessor Parcel Number 101frontoldtown04468

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,072

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.14
  • Road Surface Type: Paved
  • Water Body Name: Penobscot River
  • MLS Status: Closed
  • Directions: From downtown old town at the light continue on Center St towards Milford across the First bridge,On to French Island, take Front Street which will be on your right. Follow to the intersection of Bodwell Street, House will be on your right
  • Above Grade Finished Sq Ft: 1772.0
  • Architectural Style: Other Style
  • Garage Yn: No
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.14
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 1772.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat Fuel:Oil: 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
  • Exterior:Vinyl Siding: Yes
  • Heat System:Heat Pump: Yes
  • Cooling:Heat Pump3: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 3
  • Foundation Materials:Block3: Yes
  • Site:RollingSloping: Yes
  • Restrictions:No Dogs Allowed: Yes
  • Restrictions:No Cats Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Interior Entry, Walk-Out Access
  • Full Bathrooms: 3
  • Flooring: Vinyl, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Rolling Slope, Intown
  • Waterfront Features: River
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Block, Concrete Perimeter
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Paved, Common

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Cats Allowed, No Dogs Allowed

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6098.4
  • Parcel #: 101frontoldtown04468
  • Zoning: Urban

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 3072.0
  • Tax Book Number: 3981
  • Tax Lot: 205
  • Tax Map Number: 31
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2020
Closed on
Mar 18, 2021
Sold by
Paradis Paul and Paradis Elizabeth
Bought by
Ofili Real Estate Llc
Seller's Agent
James Pike
Dewitt-Jones Realty
Buyer's Agent
Augustine Ofili
ERA Dawson-Bradford Co.
List Price
$160,000
Sold Price
$137,000
Premium/Discount to List
-$23,000
-14.38%
Current Estimated Value
$249,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,000
Avg. Annual Appreciation
9.25%
Original Mortgage
$109,600
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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
Ofili Real Estate Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ofili Real Estate Llc $550,000
Closed Ofili Real Estate Llc $300,000
Closed Ofili Real Estate Llc $150,000
Closed Ofili Real Estate Llc $109,600
Previous Owner Paradis Paul X $94,000
Previous Owner Paradis Paul X $87,000
Previous Owner Paradis Paul X $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2021 03/18/21 Sold $137,000 -14.4% $77 / Sq Ft
01/08/2021 01/08/21 Pending -- -- --
01/15/2020 01/15/20 For Sale $160,000 -- $90 / 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 $3,205 $181,100 $16,300 $164,800
2023 $3,205 $181,100 $16,300 $164,800
2022 $2,869 $136,600 $14,200 $122,400
2020 $3,072 $134,400 $13,800 $120,600
2019 $3,072 $134,400 $13,800 $120,600
2018 $3,072 $134,400 $13,800 $120,600
2017 $3,004 $134,400 $13,800 $120,600
2016 $2,834 $134,400 $13,800 $120,600
2015 $2,844 $134,400 $13,800 $120,600
2014 $2,716 $134,400 $13,800 $120,600
2013 $2,512 $134,400 $13,800 $120,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1442514

Maine Listings

APN: OLDN-000031-000000-000205