NOT LISTED FOR SALE

1031 Main St Veazie, ME 04401

Estimated Value: $174,000 - $329,000

5 Beds
2 Baths
986 Sq Ft
$238/Sq Ft Est. Value

Last Sold May 16, 2018

Last sale price $37,500 $38 Per Sq Ft

Est. 525% increase in value since last sale

Current estimated payment $1,429/month

47 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • Baseboard Heating
  • Veazie Community School Rated A+
  • No HOA
  • Open Lot

About This Home

As of May 2018

Investors take note! Flip this house or rent it. Located in popular Veazie this home is a short drive to either Bangor or the University of Maine in Orono. It has a history of being a college student rental and a home for a local professional. It needs some updating, missing a stove, the boiler (while it should be fine) hasn't been on in a few years, and it needs paint in places. The oil tank had a tree fall on it and is inoperable but electric heat keeps you warm. Do a bit of work and you should have an excellent ROI. The rooms are all a good size and level. It's a large house. No need to replace windows as they are vinyl. The original wood on the floors can be rehabbed to maximize the potential of this home. It's typical small Veazie yard means seasonal maintenance should be minimal. There is a lot of square footage with this home and it is priced well below assessed value. Don't miss your chance on this one!

Last Agent to Sell the Property

Nancy Roe

ERA Dawson-Bradford Co. Listed on: 03/02/2018

ERA Dawson-Bradford Co.

Co-Listed By

Mark Roe

ERA Dawson-Bradford Co.

Last Buyer's Agent

Felicia Ward

Realty of Maine

Realty of Maine

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1830

Lot Details

  • 6,534 Sq Ft Lot
  • Open Lot

Parking

  • Gravel Driveway

Home Design

  • 986 Sq Ft Home
  • Cape Cod Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Kitchen

  • Dishwasher
  • Formica Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Basement

  • Interior Basement Entry
  • Crawl Space

Location

  • City Lot

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 85
  • Assessor Parcel Number VEAZ-000010-000000-000085

Home Details

Home Type

Single Family

Year Built

Built in 1830

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.15
  • Road Surface Type: Paved
  • Co List Office Mls Id: 1122
  • Co List Office Phone: 207-947-6788
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 986.0
  • Architectural Style: Cape
  • Year Built: 1830
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.15
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 986.0
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Dishwasher: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Foundation Materials:Stone: Yes
  • Basement:Crawl Space: Yes
  • Driveway:Gravel: Yes
  • Property Information:Deed Restrictions: Unknown
  • Kitchen Countertop:Formica: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator, Dishwasher
  • Has Basement: Crawl Space, Interior Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 5

Exterior Features

  • Lot Features: Open Lot, Intown
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Stone
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Gravel

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: 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: 6534.0
  • Parcel #: VEAZ-000010-000000-000085
  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 3080.0
  • Tax Book Number: 11023
  • Tax Lot: 85
  • Tax Map Number: 10
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 16, 2018
Sold by
Keresey Cheryl and Keresey Brian
Bought by
Keresey Katelyn and Keresey Brian
Current Estimated Value
$234,222

Purchase Details

Listed on
Mar 2, 2018
Closed on
May 18, 2018
Sold by
Drew Eric W
Bought by
Keresey Brian and Keresey Cheryl
Seller's Agent
Nancy Roe
ERA Dawson-Bradford Co.
Buyer's Agent
Felicia Ward
Realty of Maine
List Price
$79,900
Sold Price
$37,500
Premium/Discount to List
-$42,400
-53.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.79%

Purchase Details

Closed on
Jul 2, 2007
Sold by
Cherry Carmen B
Bought by
Drew Eric W
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 Buyer Sale Price Title Company
Keresey Katelyn -- --
Keresey Brian -- --
Drew Eric W -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2018 05/16/18 Sold $37,500 -53.1% $38 / Sq Ft
04/19/2018 04/19/18 Pending -- -- --
03/02/2018 03/02/18 For Sale $79,900 -- $81 / 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 $1,835 $114,700 $21,300 $93,400
2023 $1,692 $104,100 $19,600 $84,500
2022 $1,615 $93,100 $19,600 $73,500
2021 $1,604 $88,600 $20,100 $68,500
2020 $1,602 $87,300 $20,100 $67,200
2019 $1,538 $83,800 $20,100 $63,700
2018 $1,521 $83,800 $20,100 $63,700
2017 $3,080 $169,700 $20,100 $149,600
2016 $3,041 $166,200 $19,700 $146,500
2015 $3,058 $166,200 $19,700 $146,500
2014 $2,950 $166,200 $19,700 $146,500
2012 $1,622 $79,100 $16,200 $62,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1340227

Maine Listings

APN: VEAZ-000010-000000-000085