NOT LISTED FOR SALE

11-20 Derby Estates Rd Rome, ME 04963

-- Bed
4 Baths
10,000 Sq Ft
8.2 Acres

Last Sold April 15, 2016

Last sale price $375,000 $38 Per Sq Ft

89 Days on Market

Highlights

  • Additional Residence on Property
  • 8.2 Acre Lot
  • Main Floor Bedroom
  • Belgrade Central School Rated A-
  • Wooded Lot
  • No HOA

About This Home

As of April 2016

GREAT INVESTMENT OPPORTUNITY! 12 unit apartment property, nice rural location, long term tenants-easy to rent. Lots of parking, excellent rental history, same owner for 16 yrs, very well maintained. 10-2BR, 1-3BR, 1- 1BR, strong & very consistent cash flow, good net operating income. Private location, large front/back yards, coin-opp laundry, One 8 unit and one 4 unit bldg. A true one of a kind gem! GOOD LONG TERM INVESTMENT!

Last Agent to Sell the Property

James Pepin

Sprague & Curtis Real Estate Brokerage Email: jim@spragueandcurtis.com Listed on: 11/19/2015

Last Buyer's Agent

James Pepin

Sprague & Curtis Real Estate Brokerage Email: jim@spragueandcurtis.com Listed on: 11/19/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,410

Year Built

  • Built in 1900

Lot Details

  • 8.2 Acre Lot
  • Rural Setting
  • Landscaped
  • Level Lot
  • Wooded Lot

Home Design

  • Concrete Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 10,000 Sq Ft Home
  • Multi-Level Property
  • Laundry on main level

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 4 Full Bathrooms
  • Bathtub

Unfinished Basement

  • Partial Basement
  • Interior Basement Entry

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Outdoor Features

  • Shed
  • Outbuilding

Additional Homes

  • Additional Residence on Property

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Radiant Heating System
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Tax Lot 005

Community Details

Overview

  • No Home Owners Association
  • 12 Units

Additional Features

  • Coin Laundry
  • Gross Income $85,560

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,410

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 8.2
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From Augusta, Rt 27 North to Belgrade, LEFT on Castle Island Rd, RIGHT on Watson Pond Road, very short ways, LEFT onto Watson Pond Road Apartments.
  • Above Grade Finished Sq Ft: 10000.0
  • Architectural Style: Multi-Level
  • Year Built: 1900
  • Attribution Contact: jim@spragueandcurtis.com
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 8.2
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 10000.0
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: 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
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Roof:Metal: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Basement:Partial: Yes
  • Property Information:Number of Units: 12
  • Heat System:Multi-Zones: Yes
  • Heat System:Radiant: Yes
  • Income Expenses Gross Income: 85560.0
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Amenities:Bathtub: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Basement:Slab2: Yes
  • Location:Rural: Yes
  • Water:Private2: Yes
  • Site:Wooded: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Amenities:Laundry - Coin: Yes
  • Other Structures:Shed: Yes
  • Other Structures:Out Building: Yes
  • Property Information 2 Detached Houses on 1 Lot: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Partial, Interior Entry, Unfinished
  • Full Bathrooms: 4
  • Flooring: Vinyl, Laminate, Carpet
  • Interior Amenities: 1st Floor Bedroom, Bathtub

Exterior Features

  • Lot Features: Level, Landscaped, Wooded, Rural
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Other, Concrete Perimeter, Slab
  • Other Structures: Outbuilding, Shed(s)
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Parking Features: 11 - 20 Spaces, Paved, On Site

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level, Laundry - Coin
  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiant, Multi-Zones, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 357192.0
  • Parcel #: 999999
  • Zoning: RES

Multi Family

  • Number Of Units Total: 12
  • Annual Gross Income: 85560.0

Tax Info

  • Tax Annual Amount: 3410.0
  • Tax Book Number: 5848
  • Tax Lot: 005
  • Tax Map Number: 12
  • Tax Year: 14

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2016 04/15/16 Sold $375,000 -12.8% $38 / Sq Ft
02/17/2016 02/17/16 Pending -- -- --
11/19/2015 11/19/15 For Sale $429,900 -- $43 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1244701

Maine Listings