NOT LISTED FOR SALE
-- Bed
7 Baths
5,552 Sq Ft
0.61 Acre Lot

Sale Details

Date Sold: July 24, 2023

Last sale price $623,000 $112 Per Sq Ft

33 Days on Market

Highlights

  • Wood Flooring
  • Property is near shops
  • Coin Laundry
  • No HOA
  • Baseboard Heating
  • Level Lot

About This Home

As of July 2023

This property is being sold with property located at 7 Gilchrest Street. Please refer to MLS #1556997 In-town lot with seven apartment units, parking, and close to Thomaston's Main street shopping and restaurants. Short distance to Thomaston schools, town office, and harbor as well. Three two bedrooms, four one bedrooms, with coin-operated laundry on-site. Maine's Midcoast region is a very durable and in-demand rental market.

Last Agent to Sell the Property

Douglas Erickson

SVN The Masiello Group Listed on: 04/25/2023

SVN The Masiello Group

Last Buyer's Agent

Rylee Knox

EXP Realty

EXP Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,056

Year Built

  • Built in 1845

Lot Details

  • 26,572 Sq Ft Lot
  • Level Lot
  • Open Lot

Parking

  • Gravel Driveway

Home Design

  • Stone Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 7 Full Bathrooms
  • 5,552 Sq Ft Home
  • Multi-Level Property
  • Laundry on main level

Flooring

  • Wood
  • Carpet
  • Vinyl

Basement

  • Partial Basement
  • Exterior Basement Entry

Location

  • Property is near shops
  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Hot Water Heating System
  • Electric Water Heater
  • Internet Available

Listing and Financial Details

  • Tax Lot 139
  • Assessor Parcel Number 11GilchrestStreetThomaston04861

Community Details

Overview

  • No Home Owners Association
  • 7 Units

Amenities

  • Coin Laundry

Building Details

  • Operating Expense $22,985
  • Gross Income $78,680

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,056

Year Built

Built in 1845

Lot Details

0.61 Acres

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.61
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: On Route 1 north, take a right onto Gilchrest St. Property will be on the right.
  • Above Grade Finished Sq Ft: 5552.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Year Built: 1845
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 306.02
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.61
  • Property Information:Total Baths: 7.0
  • Property Information:SqFt Finished Above Grade: 5552.0
  • 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
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Basement:Partial: Yes
  • Property Information:Number of Units: 7
  • Foundation Materials:Stone: Yes
  • Income Expenses Gross Income: 78680.0
  • Income Expenses Operating Expenses: 22985.0
  • Style:Multi-Level: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Property Information:Short Sale Continue to Show: No
  • Basement:Slab2: Yes
  • Driveway:Gravel: Yes
  • Equipment:Internet Access Available: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Heat System:Direct Vent Heater: Yes
  • Water Info:Island3: No
  • Amenities:Laundry - Coin: Yes
  • Advertising Remarks:Advertising Remarks: This property is being sold with property located at 7 Gilchrest Street. Please refer to MLS #1556997 In-town lot with seven apartment units, parking, and close to Thomaston's Main street shopping and restaurants. Short distance to Thomaston schools, town office, and harbor as well. Three two bedrooms, four one bedrooms, with coin-operated laundry on-site. Maine's Midcoast region is a very durable and in-demand rental market.
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Bulkhead, Partial, Exterior Entry
  • Full Bathrooms: 7
  • Flooring: Wood, Vinyl, Carpet

Exterior Features

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

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level, Laundry - Coin
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Direct Vent Heater, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Pole
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 26571.6
  • Parcel #: 11GilchrestStreetThomaston04861
  • Zoning: R3

Multi Family

  • Number Of Units Total: 7
  • Annual Gross Income: 78680.0
  • Annual Operating Expense: 22985.0

Tax Info

  • Tax Annual Amount: 7056.0
  • Tax Lot: 139
  • Tax Year: 2023

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 22, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,800
Interest Rate
0.0618%
Mortgage Type
Commercial
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,500,000
Closed $1,500,000
Closed $320,000
Closed $276,800
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/24/2023 07/24/23 Sold $623,000 -63.3% $112 / Sq Ft
05/28/2023 05/28/23 Pending -- -- --
04/25/2023 04/25/23 For Sale $1,699,000 +223.6% $306 / Sq Ft
06/17/2021 06/17/21 Sold $525,000 -6.3% $82 / Sq Ft View Prior Sale
03/25/2021 03/25/21 Pending -- -- --
02/17/2021 02/17/21 For Sale $560,000 -- $87 / Sq Ft
Source: Maine Listings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $9,167 $412,000 $113,300 $298,700
2024 $8,240 $412,000 $113,300 $298,700
2023 $7,787 $412,034 $113,322 $298,712
2022 $7,056 $323,375 $113,322 $210,053
2021 $6,962 $323,375 $113,322 $210,053
2020 $7,124 $323,375 $113,322 $210,053
2019 $7,221 $323,375 $113,322 $210,053
2018 $6,768 $323,375 $113,322 $210,053
2017 $6,273 $323,375 $113,322 $210,053
2016 $6,041 $323,375 $113,322 $210,053
2015 $5,830 $323,375 $113,322 $210,053
2014 $4,664 $280,304 $113,322 $166,982
2013 $4,692 $280,304 $113,322 $166,982
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1556996

Maine Listings
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