NOT LISTED FOR SALE

11 St Francis Way Dedham, ME 04429

-- Bed
4 Baths
3,524 Sq Ft
4.55 Acres

Last Sold May 03, 2024

Last sale price $337,900 $96 Per Sq Ft

3 Days on Market

Highlights

  • Nearby Water Access
  • View of Trees or Woods
  • Attic
  • Dedham School Rated A
  • Wooded Lot
  • No HOA

About This Home

As of May 2024

Welcome to a unique opportunity to own not just one, but two duplex properties nestled on a 4.55-acre lot in the serene town of Dedham, Maine. Whether you're seeking an investment opportunity or a place to call home with rental income potential, these duplexes offer a picturesque setting and unique investment opportunity.

Each duplex consists of one 2-bedroom and one 3-bedroom unit. One duplex is finished and move-in ready! The second duplex had an extensive remodel done down to the studs and is ready for your finishing touches! All new sheetrock, light fixtures, flooring and paint has been completed and is just waiting for you to add in bathroom and kitchen amenities, trim, doors, and windows.



Conveniently located in Dedham, these duplexes offer a peaceful retreat while still being within easy reach of everyday conveniences. The property is located just 25 minutes from Bangor and Ellsworth, and under 20 minutes from Brewer and Bucksport! The expansive 4.55-acre lot offers ample space for outdoor activities, gardening, or potential future expansion. Enjoy the peace and privacy of the surrounding wooded landscape while still being under a mile away from nearby outdoor recreational activities such as hiking, fishing, and boating; or take a short drive to access shopping, dining, and entertainment options.

Live in one unit while renting out the others for additional income or complete the renovations to both duplexes and capitalize on the rental potential of all four units.

Don't miss out on the chance to own these versatile duplex properties!

Last Agent to Sell the Property

Eric Bell

NextHome Experience Listed on: 03/23/2024

NextHome Experience

Last Buyer's Agent

John Tennett Jr

NextHome Experience

NextHome Experience

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,284

Year Built

  • Built in 1999

Lot Details

  • 4.55 Acre Lot
  • Property fronts a private road
  • Dirt Road
  • Cul-De-Sac
  • Rural Setting
  • Wooded Lot

Parking

  • Gravel Driveway

Home Design

  • Duplex
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Metal Roof
  • Shingle Siding

Interior Spaces

  • 3,524 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring
  • Views of Woods
  • Crawl Space
  • Attic

Bedrooms and Bathrooms

  • 4 Full Bathrooms
  • Bathtub
  • Shower Only

Outdoor Features

  • Nearby Water Access
  • Shed
  • Outbuilding
  • Porch

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Private Water Source
  • Well
  • Septic System
  • Internet Available
  • Satellite Dish

Additional Features

  • ENERGY STAR/CFL/LED Lights
  • Property is near a golf course

Listing and Financial Details

  • Tax Lot 15-1
  • Assessor Parcel Number 11StFrancesWayDedham04429

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $13,200
  • Gross Income $15,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,284

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 4.55
  • Road Frontage Type: Private
  • Road Surface Type: Gravel
  • MLS Status: Closed
  • Directions: GPS Friendly. From 1A in Dedham take Upper Dedham for almost 3 mi to Bald Mountain. After sharp right turn by base of mountain, St. Francis Way is 2nd street on right. From Bucksport take Bald Mountain Road about 4.5 miles. Property on left.
  • Above Grade Finished Sq Ft: 3524.0
  • Architectural Style: Duplex
  • Garage Yn: No
  • Efficiency: LED Light Fixtures
  • Year Built: 1999
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 4.55
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 3524.0
  • Property Information:Garage: No
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Amenities:Storage: Yes
  • Roads:Private: Yes
  • Amenities:One-Floor Living: Yes
  • Amenities:Shower: Yes
  • Roof:Metal: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 4
  • Heat System:Multi-Zones: Yes
  • Income Expenses Gross Income: 15000.0
  • Income Expenses Operating Expenses: 13200.0
  • Amenities:Bathtub: Yes
  • Basement:Crawl Space: Yes
  • Foundation Materials:PillarPostPier: Yes
  • Style:Duplex: Yes
  • Amenities:Attic: Yes
  • Recreational Water:Nearby: Yes
  • Location:Rural: Yes
  • Roads:GravelDirt: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Equipment:Internet Access Available: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Equipment:Satellite Dish: Yes
  • Site:Cul-De-Sac: Yes
  • Energy Efficiency:LED Light Fixtures: Yes
  • Other Structures:Shed: Yes
  • Other Structures:Out Building: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: None, Crawl Space, Not Applicable
  • Full Bathrooms: 4
  • Flooring: Vinyl
  • Interior Amenities: 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, Attic, Bathtub, One-Floor Living, Shower, Storage
  • Amenities 1st Floor Primary BR wBath: Yes

Exterior Features

  • Lot Features: Cul-De-Sac, Wooded, Near Golf Course, Near Turnpike/Interstate, Rural
  • View: Trees/Woods
  • Waterfront: No
  • Construction Type: Shingle Siding, Wood Frame
  • Foundation Details: Pillar/Post/Pier
  • Other Structures: Outbuilding, Shed(s)
  • Patio And Porch Features: Porch
  • Roof: Metal
  • Patio and Porch Features:Porch: Yes

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 198198.0
  • Parcel #: 11StFrancesWayDedham04429
  • Zoning: residential

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 15000.0
  • Annual Operating Expense: 13200.0

Tax Info

  • Tax Annual Amount: 5283.6
  • Tax Book Number: 7241
  • Tax Lot: 15-1
  • Tax Map Number: 1
  • Tax Year: 2023

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
05/03/2024 05/03/24 Sold $337,900 +0.9% $96 / Sq Ft
03/27/2024 03/27/24 Pending -- -- --
03/23/2024 03/23/24 For Sale $334,900 +91.4% $95 / Sq Ft
11/09/2022 11/09/22 Sold $175,000 -50.0% $50 / Sq Ft
03/18/2022 03/18/22 For Sale $349,900 -- $99 / 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 $5,780 $404,200 $96,000 $308,200
2023 $5,284 $310,800 $73,800 $237,000
2022 $4,911 $310,800 $73,800 $237,000
2021 $5,317 $332,300 $95,300 $237,000
2020 $5,184 $332,300 $95,300 $237,000
2019 $4,988 $342,800 $105,800 $237,000
2018 $4,885 $342,800 $105,800 $237,000
2016 $5,261 $375,800 $141,600 $234,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1584860

Maine Listings