$162,000
SOLD DEC 21, 2017

102 Fernald Rd Newport, ME 04953

-- Bed
-- Bath
2,400 Sq Ft
19 Acres

Recently Sold

$68 Per Sq Ft

5% Below List Price

167 Days on Market

Highlights

  • Wooded Lot
  • Farmhouse Style Home
  • No HOA
  • Wood Flooring
  • Corner Lot
  • Detached Garage

About This Home

As of May 2020

2-unit duplex on 19 acres in Newport, Maine. 2- & 3-bedroom units currently renting for $725/month and $950/month, respectively. Many recent updates: roof, boiler, septic system, water treatment system, insulation, etc. Other property highlights include: 2-car garage and paved driveway with 3 additional parking spaces, heated storage, a fenced in yard, fields, woods and a pond. Conveniently located on Route 7, along Moosehead Trail, minutes from I-95. Easy access to Waterville & Bangor.

Last Agent to Sell the Property

Jason Saphire

www.HomeZu.com Listed on: 05/25/2017

Last Buyer's Agent

Carolyn Fish Jason Fish

Better Homes & Gardens Real Estate/The Masiello Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,300

Year Built

  • Built in 1900

Lot Details

  • 19 Acre Lot
  • Rural Setting
  • Landscaped
  • Corner Lot
  • Lot Has A Rolling Slope
  • Wooded Lot

Home Design

  • Duplex
  • Farmhouse Style Home
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,400 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Carpet
  • Vinyl

Unfinished Basement

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

Parking

  • Detached Garage
  • Parking Storage or Cabinetry
  • Driveway

Farming

  • Pasture

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Propane
  • Baseboard Heating
  • Hot Water Heating System
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic System
  • Septic Design Available
  • Private Sewer

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Exclusions: Washer/Dryer in 3-bedroom apartment
  • Tax Lot 22
  • Assessor Parcel Number NEPT-000007-000000-000022

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,300

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 19.0
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: I-95 to exit 157. Follow ME-11 N for 3.4 miles. Left on Fernald Rd. First house on right.
  • Above Grade Finished Sq Ft: 2400.0
  • Architectural Style: Duplex, Farmhouse
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 19.0
  • Property Information:SqFt Finished Above Grade: 2400.0
  • Property Information:Garage: Yes
  • Site:Corner Lot: Yes
  • Site:Well Landscaped: 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:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Property Information:Number of Units: 2
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 2
  • Sewer:Private Sewer: Yes
  • Parking:Paved3: Yes
  • Style:Duplex: Yes
  • Location:Rural: Yes
  • Water:Private2: Yes
  • Site:Wooded: Yes
  • Site:RollingSloping: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Sewer:Septic Design Available: Yes
  • Vehicle Storage:Storage Above: Yes
  • Site:PastureField: Yes
  • Building Info:_pound_ Floors3: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Bulkhead, Full, Exterior Entry, Interior Entry, Unfinished
  • Fireplace: No
  • Flooring: Wood, Vinyl, Carpet
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Corner Lot, Rolling Slope, Landscaped, Wooded, Pasture, Neighborhood, Rural
  • Waterfront: No
  • Exclusions: Washer/Dryer in 3-bedroom apartment
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Design Available, Septic Existing on Site
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 827640.0
  • Parcel #: NEPT-000007-000000-000022
  • Zoning: Rural Res

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2300.0
  • Tax Book Number: 99678
  • Tax Lot: 22
  • Tax Map Number: 7
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2020
Closed on
May 26, 2020
Sold by
Werner Michael J and Werner Elizabeth
Bought by
Cole Daniel A and Cole Ashley B
Seller's Agent
Kim Mcpheters
EXP Realty
Buyer's Agent
Keith Greenlaw Jr.
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$194,000
Sold Price
$187,500
Premium/Discount to List
-$6,500
-3.35%
Current Estimated Value
$352,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,336
Avg. Annual Appreciation
12.12%
Original Mortgage
$184,103
Outstanding Balance
$165,266
Interest Rate
3.3%
Mortgage Type
FHA
Estimated Equity
$174,208

Purchase Details

Listed on
May 25, 2017
Closed on
Dec 26, 2017
Sold by
Gifford Adam and Gifford Cheryl
Bought by
Werner Michael J and Jones Elizabeth M
Seller's Agent
Jason Saphire
www.HomeZu.com
Buyer's Agent
Carolyn Fish Jason Fish
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$169,900
Sold Price
$162,000
Premium/Discount to List
-$7,900
-4.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.20%
Original Mortgage
$159,065
Interest Rate
3.9%
Mortgage Type
FHA
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 Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $184,103 FHA
Previous Owner $159,065 FHA
Previous Owner $127,500 Unknown
Previous Owner $108,000 Unknown
Previous Owner $93,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2020 05/26/20 Sold $187,500 -3.4% $78 / Sq Ft
04/16/2020 04/16/20 Pending -- -- --
02/07/2020 02/07/20 For Sale $194,000 +19.8% $81 / Sq Ft
12/21/2017 12/21/17 Sold $162,000 -4.6% $68 / Sq Ft
11/09/2017 11/09/17 Pending -- -- --
05/25/2017 05/25/17 For Sale $169,900 -- $71 / 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 $3,822 $218,400 $58,000 $160,400
2023 $3,327 $204,100 $54,200 $149,900
2022 $3,161 $161,300 $42,800 $118,500
2021 $3,177 $154,200 $41,000 $113,200
2020 $3,117 $151,300 $40,200 $111,100
2019 $2,939 $138,000 $37,900 $100,100
2018 $2,939 $138,000 $37,900 $100,100
2017 $2,760 $138,000 $37,900 $100,100
2016 $2,677 $138,000 $37,900 $100,100
2015 $2,470 $138,000 $37,900 $100,100
2014 $2,374 $138,000 $37,900 $100,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1308866

Maine Listings

APN: NEPT-000007-000000-000022