NOT LISTED FOR SALE

11 Holman Ave Mexico, ME 04257

Estimated Value: $191,091 - $197,000

-- Bed
3 Baths
2,268 Sq Ft
$86/Sq Ft Est. Value

Last Sold September 08, 2023

Last sale price $165,000 $73 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,180/month

125 Days on Market

Highlights

  • No HOA
  • Asbestos
  • Vinyl Flooring
  • Baseboard Heating
  • Level Lot

About This Home

As of September 2023

Looking for an affordable investment?! Look no further! This 3 family multi-unit is right in town and convenient to everything. Strong rental history, with all units occupied. Please allow 24 hours for showings.This property is broker owned.

Last Agent to Sell the Property

Jennifer Sumrall

The Maine Real Estate Experience Listed on: 04/01/2023

Last Buyer's Agent

Derrick Buckspan

RE/MAX Shoreline

RE/MAX Shoreline

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,770

Year Built

  • Built in 1934

Lot Details

  • 4,356 Sq Ft Lot
  • Level Lot

Home Design

  • Wood Frame Construction
  • Membrane Roofing
  • Asbestos Siding
  • Shingle Siding
  • Asbestos

Interior Spaces

  • 3 Full Bathrooms
  • 2,268 Sq Ft Home
  • Multi-Level Property

Flooring

  • Laminate
  • Vinyl

Unfinished Basement

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

Parking

  • Gravel Driveway
  • Off-Street Parking

Location

  • City Lot

Utilities

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

Listing and Financial Details

  • Tax Lot 26
  • Assessor Parcel Number MEXI-000020-000000-000026

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $6,245
  • Gross Income $33,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,770

Year Built

Built in 1934

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: GPS Friendly
  • Above Grade Finished Sq Ft: 2268.0
  • Architectural Style: Other
  • Garage Yn: No
  • Unit Levels: Multi-Level
  • Year Built: 1934
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.1
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2268.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Heat System:Baseboard: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 3
  • Income Expenses Gross Income: 33600.0
  • Income Expenses Operating Expenses: 6245.0
  • Driveway:Gravel: Yes
  • Exterior:Asbestos: Yes
  • Roof:Membrane: Yes
  • Levels:Multi-Level3: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Interior, Full, Unfinished
  • Full Bathrooms: 3
  • Flooring: Vinyl, Laminate
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Intown
  • Waterfront: No
  • Construction Type: Shingle Siding, Asbestos, Wood Frame
  • Roof: Membrane

Garage/Parking

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

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4356.0
  • Parcel #: MEXI-000020-000000-000026
  • Zoning: None

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 33600.0
  • Annual Operating Expense: 6245.0

Tax Info

  • Tax Annual Amount: 1770.0
  • Tax Book Number: 5728
  • Tax Lot: 26
  • Tax Map Number: 20
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2023
Closed on
Sep 8, 2023
Sold by
Sumrall Jennifer and Sumrall Tony
Bought by
11 Holman Avenue Llc
Seller's Agent
Jennifer Sumrall
The Maine Real Estate Experience
Buyer's Agent
Derrick Buckspan
RE/MAX Shoreline
List Price
$169,500
Sold Price
$165,000
Premium/Discount to List
-$4,500
-2.65%
Current Estimated Value
$194,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,046
Avg. Annual Appreciation
6.33%
Original Mortgage
$123,750
Outstanding Balance
$121,644
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$65,153

Purchase Details

Closed on
May 31, 2019
Sold by
Robichaud Peter A and Robichaud Becky M
Bought by
Todd Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
4.1%
Mortgage Type
New Conventional
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
11 Holman Avenue Llc $165,000 None Available
11 Holman Avenue Llc $165,000 None Available
Todd Kathryn -- --
Todd Kathryn -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 11 Holman Avenue Llc $123,750
Closed 11 Holman Avenue Llc $123,750
Previous Owner Todd Kathryn $36,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2023 09/08/23 Sold $165,000 -2.7% $73 / Sq Ft
08/04/2023 08/04/23 Pending -- -- --
04/01/2023 04/01/23 For Sale $169,500 -- $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 $1,757 $60,600 $11,800 $48,800
2023 $1,770 $60,600 $11,800 $48,800
2022 $1,770 $60,600 $11,800 $48,800
2021 $1,770 $60,600 $11,800 $48,800
2014 $1,576 $60,600 $11,800 $48,800
2012 $1,515 $60,600 $11,800 $48,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1555201

Maine Listings

APN: MEXI-000020-000000-000026