P
Seller's Agent in 2021
Pamela Sturtevant
NextHome Experience
(207) 573-7400
7 Total Sales
103 Cedar St Belfast, ME 04915
Estimated Value: $445,000 - $714,000
--
Bed
4
Baths
2,448
Sq Ft
$233/Sq Ft
Est. Value
Highlights
- Barn
- Colonial Architecture
- No HOA
- The property is located in a historic district
- Wood Flooring
- Storm Windows
About This Home
As of April 2021Well maintained 4 unit is in a desirable neighborhood and within walking distance to downtown Belfast.
This prime real estate opportunity offers 4-1 bedroom units with a great rental history. This property has had many recent improvements: Heat pumps water heater, R-49 insulation in attic, spray foam insulation in cellar, System 2000 boiler, gravel driveway with parking for 8 cars. The attached barn offers storage or expansion opportunities.
Belfast is a great town and has so much to offer. A beautiful waterfront, many walking/biking trails, great local businesses, wonderful restaurants, library, boating, shopping, and a movie theater. Truly something for everyone!
.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,604
Year Built
- Built in 1900
Lot Details
- 0.33 Acre Lot
- Landscaped
- Level Lot
- Open Lot
Home Design
- Colonial Architecture
- Stone Foundation
- Wood Frame Construction
- Shingle Roof
- Clap Board Siding
- Clapboard
Interior Spaces
- 4 Full Bathrooms
- 2,448 Sq Ft Home
- 2-Story Property
Flooring
- Wood
- Carpet
- Laminate
Unfinished Basement
- Interior Basement Entry
- Sump Pump
- Dirt Floor
Home Security
- Storm Windows
- Storm Doors
Parking
- Gravel Driveway
- Off-Street Parking
Location
- Property is near a golf course
- The property is located in a historic district
- City Lot
Farming
- Barn
Utilities
- No Cooling
- Forced Air Zoned Heating System
- Heating System Uses Oil
- Baseboard Heating
- Hot Water Heating System
- Natural Gas Not Available
- High-Efficiency Water Heater
Listing and Financial Details
- Tax Lot 34
- Assessor Parcel Number BELF-000035-000000-000034
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- Operating Expense $27,577
- Gross Income $39,228
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 3, 2020
Closed on
Apr 2, 2021
Sold by
Raynard William D and Raynard Patricia B
Bought by
Brown Robert E and Brown Nancy D
Seller's Agent
Pamela Sturtevant
NextHome Experience
Buyer's Agent
Marianne Williams
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$409,000
Sold Price
$360,000
Premium/Discount to List
-$49,000
-11.98%
Total Days on Market
150
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
$209,488
Avg. Annual Appreciation
13.16%
Original Mortgage
$270,000
Outstanding Balance
$245,680
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$351,201
Purchase Details
Listed on
Jan 18, 2017
Closed on
Apr 14, 2017
Sold by
Carpenter Ward and Carpenter Kathleen M
Bought by
Raynard Patricia B and Raynard William D
Seller's Agent
Marianne Williams
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Michelle Ridley
Realty of Maine
List Price
$270,000
Sold Price
$260,000
Premium/Discount to List
-$10,000
-3.7%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.54%
Original Mortgage
$181,600
Interest Rate
4.1%
Mortgage Type
New Conventional
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 |
|---|---|---|---|
| Brown Robert E | -- | None Available | |
| Raynard Patricia B | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Brown Robert E | $270,000 | |
| Previous Owner | Raynard William D | $27,000 | |
| Previous Owner | Raynard William D | $173,800 | |
| Previous Owner | Raynard William D | $20,000 | |
| Previous Owner | Raynard Patricia B | $181,600 | |
| Previous Owner | Raynard William D | $10,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/02/2021 04/02/21 | Sold | $360,000 | -12.0% | $147 / Sq Ft |
| 02/01/2021 02/01/21 | Pending | -- | -- | -- |
| 09/03/2020 09/03/20 | For Sale | $409,000 | +57.3% | $167 / Sq Ft |
| 04/14/2017 04/14/17 | Sold | $260,000 | -3.7% | $106 / Sq Ft |
| 01/24/2017 01/24/17 | Pending | -- | -- | -- |
| 01/18/2017 01/18/17 | For Sale | $270,000 | -- | $110 / 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 | $6,822 | $443,000 | $180,300 | $262,700 |
| 2023 | $5,477 | $272,500 | $94,800 | $177,700 |
| 2022 | $5,641 | $263,600 | $94,800 | $168,800 |
| 2021 | $5,799 | $263,600 | $94,800 | $168,800 |
| 2020 | $5,702 | $244,700 | $91,900 | $152,800 |
| 2019 | $5,604 | $244,700 | $91,900 | $152,800 |
| 2018 | $5,850 | $257,700 | $104,900 | $152,800 |
| 2017 | $5,644 | $257,700 | $104,900 | $152,800 |
| 2016 | $4,182 | $182,600 | $39,300 | $143,300 |
| 2015 | $4,090 | $182,600 | $39,300 | $143,300 |
| 2014 | $3,953 | $182,600 | $39,300 | $143,300 |
| 2013 | $3,798 | $182,600 | $39,300 | $143,300 |
Source: Public Records
Agents Affiliated with this Home
-
Pamela Sturtevant
-
Marianne Williams
M
Buyer's Agent in 2021
Marianne Williams
Better Homes & Gardens Real Estate/The Masiello Group
(207) 323-9797
48 Total Sales
-
M
Buyer's Agent in 2017
Michelle Ridley
Realty of Maine
Map
Source: Maine Listings
MLS Number: 1467405
APN: BELF-000035-000000-000034
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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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