NOT LISTED FOR SALE

101 Main St Mercer, ME 04957

Estimated Value: $258,000 - $476,000

Studio
2 Baths
2,000 Sq Ft
$167/Sq Ft Est. Value

Sale Details

Date Sold: January 18, 2024

Last sale price $247,500 $124 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,994 / mo

12 Days on Market

Highlights

  • 386 Feet of Waterfront
  • No HOA
  • Tile Flooring
  • New Englander Architecture
  • 2 Car Attached Garage
  • Zoned Heating

About This Home

As of January 2024

Welcome 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

Nicholas Corrow

Real Broker 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
  • 386 Feet of Waterfront
  • Rural Setting

Parking

  • 2 Car Attached Garage

Home Design

  • New Englander Architecture
  • Shingle Roof

Interior Spaces

  • 2 Full Bathrooms
  • 2,000 Sq Ft Home
  • 2-Story Property
  • Water Views
  • Interior Basement Entry

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Utilities

  • No Cooling
  • Zoned Heating
  • Baseboard Heating
  • Hot Water Heating System
  • Private Water Source
  • Well
  • Septic Tank
  • Private Sewer

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 4-2
  • Assessor Parcel Number MERC-000011-000000-000004-000002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,553

Year Built

Built in 1890

Lot Details

3.5 Acres

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 3.5
  • Water Body Name: Bog Stream
  • MLS Status: Closed
  • Directions: From upper Main St in Waterville at I95- proceed on Rt 139 for 12.5 miles to intown Norridgewock. When in town - turn left at light onto Rt 2 and go 7.1 miles. At flashing light, take right onto Main St. House is .4 miles up on the right.
  • Above Grade Finished Sq Ft: 2000.0
  • Architectural Style: New Englander
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1890
  • Contract Information:List PriceSqFt: 125.0
  • Property Information:Seasonal: No
  • Water Info:Water View2: Yes
  • Property Information:Short Sale Continue to Show: No
  • Water Info:Waterfront Amount -: 386.0
  • Water Info:Water Frontage Owned -: 386.0
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Property Information 2 Detached Houses on 1 Lot: No
  • Location:Location: Rural
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Bulkhead, Interior Entry
  • Full Bathrooms: 2
  • Flooring: Carpet, Laminate, Tile, Vinyl
  • Stories: 2

Exterior Features

  • View: Fields
  • Waterfront: Yes
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Hot Water, Zoned
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Tank
  • Utilities: Utilities On
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 152460.0
  • Parcel #: MERC-000011-000000-000004-000002
  • Zoning: Rural

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2553.0
  • Tax Lot: 4-2

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2023
Closed on
Jan 18, 2024
Sold by
Bought by
Seller's Agent
Nicholas Corrow
Real Broker
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
$333,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,539
Avg. Annual Appreciation
12.72%
Original Mortgage
$198,000
Interest Rate
0.0703%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jun 2, 2022
Closed on
Aug 4, 2022
Sold by
Bought by
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
0.0581%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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
$247,500 None Available
$215,000 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 $198,000
Previous Owner $211,105
Previous Owner $76,000
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,151 $226,400 $61,200 $165,200
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

  • N

    Seller's Agent in 2024

    Nicholas Corrow

    Real Broker

    (207) 649-4437

    125 Total Sales

    Nicholas Corrow
    Section Image

  • A

    Buyer's Agent in 2024

    Amanda Taylor

    Coldwell Banker Plourde Real Estate

  • Kim Moxcey

    Seller's Agent in 2022

    Kim Moxcey

    Century 21 Nason Realty

    (207) 660-4602

    129 Total Sales

    Kim Moxcey
    Section Image

  • K

    Buyer's Agent in 2022

    Kirstin McQuillan

    Century 21 Venture Ltd.

See All Agents

Map

Source: Maine Listings

MLS Number: 1576423

Maine Listings

APN: MERC-001104-000000-000002

Maine Somerset County 04957

101 Main St, ME

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