NOT LISTED FOR SALE

Estimated Value: $239,005 - $363,000

5 Beds
3 Baths
2,328 Sq Ft
$130/Sq Ft Est. Value

Last Sold September 17, 2021

Last sale price $175,000 $75 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $1,882/month

37 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Baseboard Heating
  • Wood Flooring
  • Porch
  • 4-minute walk to Kennedy Park

About This Home

As of September 2021

Great Opportunity to invest in your future! Solid 3 unit, fully occupied. Open kitchen and living rooms. Rear porches with additional storage.
2 @ 2 bedroom units, 1 @ 1 bedroom.
Many upgrades completed over the years.. Ample off street parking. Why rent when you can own??

Last Agent to Sell the Property

Mark Pilot

Better Homes & Gardens Real Estate/The Masiello Group Brokerage Email: markpilot@masiello.com Listed on: 07/08/2021

Better Homes & Gardens Real Estate/The Masiello Group

Last Buyer's Agent

Scott Reiff Denise Reiff

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,119

Year Built

  • Built in 1881

Lot Details

  • 4,792 Sq Ft Lot
  • Level Lot

Home Design

  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Asbestos Siding
  • Asbestos

Interior Spaces

  • 3 Full Bathrooms
  • 2,328 Sq Ft Home
  • 3-Story Property
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Vinyl

Unfinished Basement

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

Parking

  • Gravel Driveway
  • Paved Parking
  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Porch

Location

  • Property is near public transit
  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Tax Lot 403
  • Assessor Parcel Number LEWI-000195-000000-000403

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $7,511
  • Gross Income $20,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,119

Year Built

Built in 1881

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Horton Street to # 107, look for sign
  • Above Grade Finished Sq Ft: 2328.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Building Stories: 3
  • Year Built: 1881
  • Attribution Contact: markpilot@masiello.com
  • 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: 2328.0
  • Property Information:Garage: No
  • Site:Level: 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
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Storage: Yes
  • Amenities:Laundry - Hookup: Yes
  • Basement:Unfinished: Yes
  • Property Information:Number of Units: 3
  • Foundation Materials:BrickMortar2: Yes
  • Foundation Materials:Stone: Yes
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 20100.0
  • Income Expenses Operating Expenses: 7511.0
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Property Information:Short Sale Continue to Show: No
  • Driveway:Gravel: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Exterior:Asbestos: Yes
  • Transportation:Public Transport Access: Yes
  • Building Info:_pound_ Floors3: 3
  • 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: 3
  • Fireplace: No
  • Flooring: Wood, Vinyl, Carpet
  • Interior Amenities: Storage
  • Stories: 3
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Intown, Near Shopping, Near Public Transit
  • Waterfront: No
  • Construction Type: Asbestos, Wood Frame
  • Foundation Details: Stone, Brick/Mortar
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Gravel, Paved, On Site, Off Street

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4791.6
  • Parcel #: LEWI-000195-000000-000403
  • Zoning: DR

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 20100.0
  • Annual Operating Expense: 7511.0

Tax Info

  • Tax Annual Amount: 2119.0
  • Tax Book Number: 1955
  • Tax Lot: 403
  • Tax Map Number: 195
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2021
Closed on
Sep 17, 2021
Sold by
Morin Gerard M
Bought by
Ndayikengurukiye Stephane
Seller's Agent
Mark Pilot
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Scott Reiff Denise Reiff
Coldwell Banker Realty
List Price
$175,000
Sold Price
$175,000
Current Estimated Value
$296,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,924
Avg. Annual Appreciation
14.44%
Original Mortgage
$171,830
Outstanding Balance
$158,177
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$138,778
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
Ndayikengurukiye Stephane -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ndayikengurukiye Stephane $171,830
Previous Owner Morin Gerard M $250,000
Previous Owner Morin Gerard M $71,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2021 09/17/21 Sold $175,000 0.0% $75 / Sq Ft
07/22/2021 07/22/21 Pending -- -- --
06/14/2021 06/14/21 For Sale $175,000 -- $75 / 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 $3,164 $99,600 $17,040 $82,560
2023 $2,988 $99,600 $17,040 $82,560
2022 $2,839 $99,600 $17,040 $82,560
2021 $2,088 $73,900 $17,040 $56,860
2020 $2,119 $73,920 $17,040 $56,880
2019 $2,137 $73,920 $17,040 $56,880
2018 $2,119 $73,920 $17,040 $56,880
2017 $2,071 $73,920 $17,040 $56,880
2016 $2,036 $73,920 $17,040 $56,880
2015 $2,023 $73,920 $17,040 $56,880
2014 $1,966 $73,920 $17,040 $56,880
2013 $1,954 $73,920 $17,040 $56,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1496245

Maine Listings

APN: LEWI-000195-000000-000403