$227,500
SOLD MAR 7, 2025

103 Main Rd Milford, ME 04461

-- Bed
2 Baths
2,008 Sq Ft
0.41 Acres

Recently Sold

$113 Per Sq Ft

9% Below List Price

111 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Level Lot
  • 2 Fireplaces
  • Baseboard Heating
  • Carpet

About This Home

As of March 2025

Located on Main Road in Milford, this colonial duplex offers a fantastic opportunity for homeowners and investors alike. Whether you're looking to live in one unit while having someone help pay your mortgage, or you're expanding your investment portfolio, this property has great potential.

Unit 1 offers three spacious bedrooms and one bathroom, while Unit 2 includes two comfortable bedrooms and one bathroom. Both units provide functional layouts, perfect for a variety of living arrangements.

With its prime location close to all amenities, including UMaine, this property is ideal for students, faculty, or anyone looking for convenient access to shopping, dining, and public transportation.

Don't wait—schedule your showing today and see how this duplex can meet your needs, whether for personal use or as an investment!

Last Agent to Sell the Property

Sarah Ryan

NextHome Experience Listed on: 10/08/2024

NextHome Experience

Last Buyer's Agent

Shonne Wright

ERA Dawson-Bradford Co.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,959

Year Built

  • Built in 1900

Lot Details

  • 0.41 Acre Lot
  • Level Lot
  • Open Lot

Parking

  • Gravel Driveway

Home Design

  • Duplex
  • Colonial Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2,008 Sq Ft Home
  • 3-Story Property
  • 2 Fireplaces

Flooring

  • Carpet
  • Laminate
  • Vinyl

Unfinished Basement

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

Location

  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Oil Water Heater

Listing and Financial Details

  • Tax Lot 68
  • Assessor Parcel Number MILD-000023-000000-000068

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $9,154
  • Gross Income $27,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,959

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.41
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 2008.0
  • Architectural Style: Duplex, Colonial
  • Garage Yn: No
  • Building Stories: 3
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 119.02
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.41
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2008.0
  • Property Information:Garage: No
  • 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
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Basement:Unfinished: Yes
  • Roof:Metal: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 27600.0
  • Income Expenses Operating Expenses: 9154.0
  • Style:Colonial: Yes
  • Building Info:_pound_ Fireplaces3: 2
  • Style:Duplex: Yes
  • Driveway:Gravel: Yes
  • Water Heater:Oil2: Yes
  • Building Info:_pound_ Floors3: 2
  • Advertising Remarks:Advertising Remarks: Located on Main Road in Milford, this colonial duplex offers a fantastic opportunity for homeowners and investors alike. Whether you're looking to live in one unit while having someone help pay your mortgage, or you're expanding your investment portfolio, this property has great potential. Unit 1 offers three spacious bedrooms and one bathroom, while Unit 2 includes two comfortable bedrooms and one bathroom. Both units provide functional layouts, perfect for a variety of living arrangements. With its prime location close to all amenities, including UMaine, this property is ideal for students, faculty, or anyone looking for convenient access to shopping, dining, and public transportation. Don't wait—schedule your showing today and see how this duplex can meet your needs, whether for personal use or as an investment!
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Vinyl, Laminate, Carpet
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Intown
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Metal, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Gravel

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On, Pole
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 17859.6
  • Parcel #: MILD-000023-000000-000068
  • Zoning: RES

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 27600.0
  • Annual Operating Expense: 9154.0

Tax Info

  • Tax Annual Amount: 1959.0
  • Tax Lot: 68
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2024
Closed on
Mar 7, 2025
Sold by
Leet Zachary W
Bought by
Jewell Timothy
Seller's Agent
Sarah Ryan
NextHome Experience
Buyer's Agent
Shonne Wright
ERA Dawson-Bradford Co.
List Price
$249,000
Sold Price
$227,500
Premium/Discount to List
-$21,500
-8.63%
Views
32
Current Estimated Value
$213,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,636
Avg. Annual Appreciation
-7.18%
Original Mortgage
$204,500
Outstanding Balance
$203,121
Interest Rate
6.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$10,743

Purchase Details

Listed on
Jul 16, 2022
Closed on
Sep 16, 2022
Sold by
Sargent Prop Mgmt Llc
Bought by
Leet Zachary W
Seller's Agent
James Fletcher
Berkshire Hathaway HomeServices Northeast Real Estate
Buyer's Agent
Sarah Ryan
Harris Real Estate
List Price
$229,000
Sold Price
$181,200
Premium/Discount to List
-$47,800
-20.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.65%
Original Mortgage
$185,367
Interest Rate
4.99%
Mortgage Type
VA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 $227,500 None Available
Warranty Deed $227,500 None Available
Quit Claim Deed $181,200 None Available
Quit Claim Deed $181,200 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $204,500 Purchase Money Mortgage
Closed $204,500 New Conventional
Previous Owner $185,367 VA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/07/2025 03/07/25 Sold $227,500 -4.8% $113 / Sq Ft
01/27/2025 01/27/25 Pending -- -- --
01/02/2025 01/02/25 Price Changed $239,000 -2.4% $119 / Sq Ft
11/08/2024 11/08/24 Price Changed $245,000 -1.6% $122 / Sq Ft
10/08/2024 10/08/24 For Sale $249,000 +37.4% $124 / Sq Ft
09/16/2022 09/16/22 Sold $181,200 -20.9% $90 / Sq Ft View Prior Sale
07/23/2022 07/23/22 Pending -- -- --
11/02/2021 11/02/21 For Sale $229,000 -- $114 / 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
2025 $2,296 $93,300 $23,600 $69,700
2024 $2,053 $93,300 $23,600 $69,700
2023 $1,959 $93,300 $23,600 $69,700
2022 $1,679 $93,300 $23,600 $69,700
2021 $1,679 $93,300 $23,600 $69,700
2020 $1,819 $93,300 $23,600 $69,700
2019 $1,959 $93,300 $23,600 $69,700
2018 $1,959 $93,300 $23,600 $69,700
2017 $1,894 $93,300 $23,600 $69,700
2016 $1,796 $93,300 $23,600 $69,700
2015 $1,712 $93,300 $23,600 $69,700
2014 $1,549 $93,300 $23,600 $69,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1606178

Maine Listings

APN: MILD-000023-000000-000068