N
Seller's Agent in 2024
Nicholas Corrow
Your Home Sold Guaranteed Realty
(207) 649-4437
111 Total Sales
101 Main St Mercer, ME 04957
Estimated Value: $254,000 - $305,000
--
Bed
2
Baths
2,000
Sq Ft
$141/Sq Ft
Est. Value
Highlights
- 386 Feet of Waterfront
- Main Floor Bedroom
- 2 Car Attached Garage
- New Englander Architecture
- No HOA
- Bathtub
About This Home
As of January 2024Welcome to your dream investment opportunity in the heart of Mercer, Maine! This charming and spacious 2-unit multifamily home offers a perfect blend of modern comfort and classic beauty.Both apartments in this meticulously maintained property have been tastefully updated, exuding a contemporary feel throughout. Each unit boasts two bedrooms, providing ample space for families or professionals looking for roomy accommodations. Enjoy the luxury of private entrances, ensuring privacy and convenience for both occupants along with the added amenity of a 2-car attached garage.With two well-appointed units, this property offers the flexibility to live in one unit while letting the rent from the other unit pay off your mortgage. It's a smart investment opportunity that provides financial stability and a comfortable living situation.The first-floor unit is especially roomy with large bedrooms, stylish kitchen cabinets and backsplash, and a large living room flooding with natural light and a private date opening to the backyard.The second-floor unit has also thoughtfully updated throughout with vinyl windows, enhancing energy efficiency while flooding the space with natural light and updated bathroom fixtures.Don't miss your chance to own this exceptional 2-unit home in Mercer, ME. Whether you're an investor seeking a reliable income property or a homeowner looking for a peaceful residence with additional rental income, this property offers the best of both worlds.
Last Agent to Sell the Property
Your Home Sold Guaranteed Realty Listed on: 11/04/2023
Last Buyer's Agent
Amanda Taylor
Coldwell Banker Plourde Real Estate
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,553
Year Built
- Built in 1890
Lot Details
- 3.5 Acre Lot
- Home fronts a stream
- 386 Feet of Waterfront
- Rural Setting
- Landscaped
- Open Lot
- Sloped Lot
Parking
- 2 Car Attached Garage
- Driveway
Home Design
- New Englander Architecture
- Concrete Foundation
- Stone Foundation
- Wood Frame Construction
- Shingle Roof
- Clap Board Siding
- Concrete Perimeter Foundation
- Clapboard
Interior Spaces
- 2,000 Sq Ft Home
- 2-Story Property
- Water Views
- Washer and Dryer Hookup
Flooring
- Carpet
- Laminate
- Tile
- Vinyl
Bedrooms and Bathrooms
- Main Floor Bedroom
- 2 Full Bathrooms
- Bathtub
- Shower Only
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Farming
- Pasture
Utilities
- No Cooling
- Zoned Heating
- Heating System Uses Oil
- Baseboard Heating
- Hot Water Heating System
- Private Water Source
- Well
- Electric Water Heater
- Septic Tank
- Private Sewer
Listing and Financial Details
- Tax Lot 4-2
- Assessor Parcel Number MERC-000011-000000-000004-000002
Community Details
Overview
- No Home Owners Association
- 2 Units
Amenities
- Community Storage Space
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 4, 2023
Closed on
Jan 18, 2024
Sold by
Reynolds Renee E
Bought by
Larock Jenna M and Larock Zackery J
Seller's Agent
Nicholas Corrow
Your Home Sold Guaranteed Realty
Buyer's Agent
Amanda Taylor
Coldwell Banker Plourde Real Estate
List Price
$250,000
Sold Price
$247,500
Premium/Discount to List
-$2,500
-1%
Views
1
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,059
Avg. Annual Appreciation
9.95%
Original Mortgage
$198,000
Outstanding Balance
$195,653
Interest Rate
7.03%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$91,572
Purchase Details
Listed on
Jun 2, 2022
Closed on
Aug 4, 2022
Sold by
Tracy Vicki J
Bought by
Reynolds Renee E
Seller's Agent
Kim Moxcey
Century 21 Nason Realty
Buyer's Agent
Kirstin McQuillan
Century 21 Venture Ltd.
List Price
$224,000
Sold Price
$215,000
Premium/Discount to List
-$9,000
-4.02%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.12%
Original Mortgage
$211,105
Interest Rate
5.81%
Mortgage Type
FHA
Purchase Details
Closed on
Aug 1, 2008
Sold by
Flewelling Kenneth L and Sproul-Felwelling Erin D
Bought by
Leighton Scott F and Deckert Debra A
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Larock Jenna M | $247,500 | None Available | |
| Reynolds Renee E | $215,000 | None Available | |
| Leighton Scott F | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Larock Jenna M | $198,000 | |
| Previous Owner | Reynolds Renee E | $211,105 | |
| Previous Owner | Tracy Vicki J | $76,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/18/2024 01/18/24 | Sold | $247,500 | -1.0% | $124 / Sq Ft |
| 11/16/2023 11/16/23 | Pending | -- | -- | -- |
| 11/04/2023 11/04/23 | For Sale | $250,000 | +16.3% | $125 / Sq Ft |
| 08/04/2022 08/04/22 | Sold | $215,000 | -4.0% | $108 / Sq Ft |
| 06/05/2022 06/05/22 | Pending | -- | -- | -- |
| 06/02/2022 06/02/22 | For Sale | $224,000 | -- | $112 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $2,378 | $226,500 | $61,300 | $165,200 |
| 2023 | $2,698 | $145,069 | $27,750 | $117,319 |
| 2022 | $2,553 | $145,069 | $27,750 | $117,319 |
| 2021 | $2,487 | $141,282 | $27,750 | $113,532 |
| 2020 | $2,439 | $138,561 | $26,250 | $112,311 |
| 2019 | $2,397 | $138,561 | $26,250 | $112,311 |
| 2018 | $2,272 | $138,561 | $26,250 | $112,311 |
| 2017 | $2,216 | $138,561 | $26,250 | $112,311 |
| 2016 | $2,210 | $138,561 | $26,250 | $112,311 |
| 2015 | $2,192 | $138,561 | $26,250 | $112,311 |
| 2014 | $2,112 | $138,561 | $26,250 | $112,311 |
Source: Public Records
Agents Affiliated with this Home
-
-
A
Buyer's Agent in 2024
Amanda Taylor
Coldwell Banker Plourde Real Estate
-
Seller's Agent in 2022
Kim Moxcey
Century 21 Nason Realty
(207) 660-4602
148 Total Sales
-
K
Buyer's Agent in 2022
Kirstin McQuillan
Century 21 Venture Ltd.
Map
Source: Maine Listings
MLS Number: 1576423
APN: MERC-001104-000000-000002
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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