NOT LISTED FOR SALE

Estimated Value: $272,000 - $343,000

4 Beds
2.5 Baths
2,304 Sq Ft
$133/Sq Ft Est. Value

Last Sold July 16, 2021

Last sale price $250,000 $109 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,220/month

6 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Wood Flooring
  • Fruit Street School Rated 9+
  • Property is near public transit
  • Main Floor Bedroom

About This Home

As of July 2021

Fully rented duplex situated on a dead-end street in a great neighborhood and just a short walk to schools, hospital, several parks, and a quick commute to all of Bangor's amenities. In a time where spacious living space for tenants has never been more desired, this property offers large units with flexibility in the layout and how the space is used. Whether tenants need extra room for a home office, or exercise room, storage space, bonus room, or another bedroom; these apartments provide options that many rental properties simply can't. Apartment one is located on the first floor and features an eat-in kitchen, large living room, 2-3 bedrooms and full bathroom. The second apartment is made up of the entire 2nd and 3rd floor of the home, and really provides a wide variety of options regarding how the landlord and or tenant can use the space. The second floor consists of an eat-in kitchen and large living room, with 3 rooms and a full bathroom; like the 1st floor layout. The front and back stairways lead up to the 3rd floor where you'll find more sprawled out square footage that could be used as a bedroom and extra living area, or bonus space for a number of uses. There is a half bath located on this 3rd floor as well, and a small nook area featuring a sink and countertop space. Both units have front and back entrances providing easy access in and out for the tenants from wherever parked in the driveway. There's also a detached 2 car garage, that with a little work could make great additional storage space, increasing value for tenants who are paying storage fees to store belongings somewhere else. This property is one to check out; call for more information today or to set up your viewing!

Last Agent to Sell the Property

Travis Pelletier

Better Homes & Gardens Real Estate/The Masiello Group Listed on: 05/19/2021

Better Homes & Gardens Real Estate/The Masiello Group

Last Buyer's Agent

Hilary Gotlieb

Bean Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,721

Year Built

  • Built in 1908

Lot Details

  • 4,792 Sq Ft Lot
  • Street terminates at a dead end
  • Fenced
  • Level Lot
  • Open Lot

Parking

  • 2 Car Detached Garage
  • Gravel Driveway
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Brick Foundation
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 2,304 Sq Ft Home
  • 3-Story Property
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathtub

Unfinished Basement

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

Outdoor Features

  • Deck
  • Outbuilding
  • Porch

Location

  • Property is near public transit
  • City Lot

Utilities

  • No Cooling
  • Radiator
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Steam
  • Gas Water Heater
  • Water Heated On Demand

Listing and Financial Details

  • Tax Lot 229
  • Assessor Parcel Number 101-103OtisStreetBangorME04401

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,721

Year Built

Built in 1908

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: When on Garland St or State St & headed towards the Hospital, take a left on Otis St. Property is located on dead end section of Otis & is the 2nd to last house at the end, on the right.
  • Above Grade Finished Sq Ft: 2304.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Building Stories: 3
  • Year Built: 1908
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.11
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2304.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Gas: Yes
  • Water Heater:On Demand: Yes
  • Amenities:Fence: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 2.0
  • Amenities:Laundry - Hookup: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:BrickMortar2: Yes
  • Exterior:Clapboard: Yes
  • Building Info:_pound_ Stories2: 3
  • Heat System:Steam: Yes
  • Amenities:Bathtub: Yes
  • Style:Colonial: Yes
  • Roads:Dead End: Yes
  • Driveway:Gravel: Yes
  • Property Information:Bank Owned REO: No
  • Heat System:Radiator: Yes
  • Transportation:Public Transport Access: Yes
  • Building Info:_pound_ Floors3: 3
  • Other Structures:Out Building: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplace: No
  • Flooring: Wood, Vinyl
  • Interior Amenities: 1st Floor Bedroom, Bathtub, Storage
  • Stories: 3
  • Full Basement: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Level, Open Lot, Sidewalks, Intown, Near Shopping, Neighborhood, Near Public Transit
  • Waterfront: No
  • Construction Type: Clapboard, Wood Frame
  • Foundation Details: Concrete Perimeter, Brick/Mortar
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Gravel, Detached, Off Street

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Steam, Radiator, Hot Water, 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 Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4791.6
  • Parcel #: 101-103OtisStreetBangorME04401
  • Zoning: Residential

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3721.0
  • Tax Book Number: 14397
  • Tax Lot: 229
  • Tax Map Number: 53
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2021
Closed on
Jul 15, 2021
Sold by
Arrico Michael D and Arrico Elizabeth M
Bought by
Harburger Aaron
Seller's Agent
Travis Pelletier
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Hilary Gotlieb
Bean Group
List Price
$235,000
Sold Price
$250,000
Premium/Discount to List
$15,000
6.38%
Current Estimated Value
$338,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,492
Avg. Annual Appreciation
7.21%
Original Mortgage
$200,000
Outstanding Balance
$183,424
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$148,432

Purchase Details

Listed on
Dec 6, 2016
Closed on
Jan 27, 2017
Sold by
Matthews Richard T
Bought by
Arrico Michael D and Arrico Elizabeth M
Seller's Agent
Melissa Young
NextHome Experience
Buyer's Agent
Travis Pelletier
RE/MAX Advantage Realty Group
List Price
$149,900
Sold Price
$149,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.12%
Original Mortgage
$119,920
Interest Rate
4.16%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Harburger Aaron -- None Available
Arrico Michael D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harburger Aaron $85,000
Open Harburger Aaron $200,000
Previous Owner Arrico Michael D $119,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2021 07/16/21 Sold $250,000 +6.4% $109 / Sq Ft
05/26/2021 05/26/21 Pending -- -- --
05/19/2021 05/19/21 For Sale $235,000 +56.8% $102 / Sq Ft
01/26/2017 01/26/17 Sold $149,900 0.0% $65 / Sq Ft
12/11/2016 12/11/16 Pending -- -- --
12/06/2016 12/06/16 For Sale $149,900 -- $65 / 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 $4,406 $237,500 $17,200 $220,300
2023 $3,985 $208,100 $16,500 $191,600
2022 $3,603 $176,600 $16,500 $160,100
2021 $3,325 $149,100 $15,300 $133,800
2020 $3,271 $141,000 $15,000 $126,000
2019 $3,123 $135,800 $15,000 $120,800
2018 $2,869 $125,000 $15,000 $110,000
2017 $2,026 $98,400 $15,000 $83,400
2016 $2,171 $96,500 $15,000 $81,500
2015 $2,118 $96,500 $15,000 $81,500
2014 $2,075 $95,200 $15,000 $80,200
2013 $2,051 $98,600 $15,000 $83,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1492370

Maine Listings

APN: BANG-000053-000000-000229