NOT LISTED FOR SALE

111 Intervale Rd Jay, ME 04239

Estimated Value: $169,000 - $209,000

-- Bed
3 Baths
2,795 Sq Ft
$68/Sq Ft Est. Value

Last Sold June 02, 2023

Last sale price $175,000 $63 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,179/month

277 Days on Market

Highlights

  • Nearby Water Access
  • River Front
  • Wood Flooring
  • Barn
  • 1 Acre Lot
  • Farmhouse Style Home

About This Home

As of June 2023

Investors take note! You'll want to see this 3 unit property. It has a great rental history, plenty of parking and storage, and a private back yard. Close to shopping and river access. Newer furnace and hot water heaters. Roof above the porches to be replaced by current owner. The main 3 bedroom apartment downstairs is ideal for an owner occupant with a total of six rooms. This property can easily be transformed into a five bedroom, 2 bath home with an in-law apartment.

Last Agent to Sell the Property

Michael Foster

ERA Dawson-Bradford Co. Listed on: 07/12/2022

ERA Dawson-Bradford Co.

Last Buyer's Agent

Julia Gonsalves

Biz Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,663

Year Built

  • Built in 1900

Lot Details

  • 1 Acre Lot
  • River Front
  • Landscaped
  • Level Lot
  • Open Lot

Property Views

  • Water
  • Scenic Vista

Home Design

  • Farmhouse Style Home
  • Block Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 2,795 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Vinyl

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Sump Pump

Parking

  • Common or Shared Parking
  • Gravel Driveway
  • Shared Driveway
  • Paved Parking

Outdoor Features

  • Nearby Water Access
  • River Nearby
  • Enclosed Glass Porch

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Property is near a golf course
  • Barn

Listing and Financial Details

  • Tax Lot 009
  • Assessor Parcel Number JAYY-000024-000000-000009

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $14,857
  • Gross Income $24,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,663

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 1.0
  • Road Surface Type: Paved
  • Water Body Name: Androscoggin River
  • MLS Status: Closed
  • Directions: From the Rt 4 and Rt 140 intersection in Jay, turn onto Rt 140 which is Intervale Rd. The property is 0.5 miles on the right. Sign is in place.
  • Above Grade Finished Sq Ft: 2795.0
  • Architectural Style: Farmhouse
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.0
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2795.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Storage: Yes
  • Exterior:Vinyl Siding: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 3
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 24000.0
  • Income Expenses Operating Expenses: 14856.55
  • Foundation Materials:Block3: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Recreational Water:RiverBrookStream: Yes
  • Driveway:Gravel: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Equipment:Cable: Yes
  • View:Scenic: Yes
  • Basement:Sump Pump: Yes
  • Equipment:DSL: Yes
  • Foundation Materials:Granite2: Yes
  • Basement Entry:Exterior Only: Yes
  • Building Info:_pound_ Floors3: 2
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Other Structures Barn2: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full, Sump Pump, Interior Entry, Exterior Only, Unfinished
  • Full Bathrooms: 3
  • Fireplace: No
  • Flooring: Wood, Vinyl
  • Interior Amenities: Storage
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Landscaped, Near Golf Course, Near Shopping, Near Town
  • View: Scenic
  • Waterfront Features: River
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Block, Granite
  • Other Structures: Barn
  • Patio And Porch Features: Glass Enclosed
  • Roof: Shingle

Garage/Parking

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

Utilities

  • 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
  • Pets Allowed: No Restrictions

Schools

  • Junior High Dist: RSU 73

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 43560.0
  • Parcel #: JAYY-000024-000000-000009
  • Zoning: TBD

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 24000.0
  • Annual Operating Expense: 14856.55

Tax Info

  • Tax Annual Amount: 1663.0
  • Tax Book Number: 3541
  • Tax Lot: 009
  • Tax Map Number: 024
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2022
Closed on
Jun 2, 2023
Sold by
Pineau Crystal
Bought by
Smith Levi R
Seller's Agent
Michael Foster
ERA Dawson-Bradford Co.
Buyer's Agent
Julia Gonsalves
Biz Realty
List Price
$200,000
Sold Price
$175,000
Premium/Discount to List
-$25,000
-12.5%
Current Estimated Value
$189,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,029
Avg. Annual Appreciation
2.78%
Original Mortgage
$171,830
Outstanding Balance
$168,137
Interest Rate
6.39%
Mortgage Type
FHA
Estimated Equity
$17,884

Purchase Details

Closed on
Jul 26, 2007
Sold by
Despres Charles
Bought by
Greeley Charles and Greeley Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,750
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
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
Smith Levi R $175,000 None Available
Greeley Charles -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Levi R $171,830
Previous Owner Greeley Charles $82,000
Previous Owner Greeley Charles $30,000
Previous Owner Greeley Charles $71,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2023 06/02/23 Sold $175,000 -10.3% $63 / Sq Ft
10/19/2022 10/19/22 Price Changed $195,000 -2.5% $70 / Sq Ft
07/12/2022 07/12/22 For Sale $200,000 -- $72 / 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 $1,784 $81,110 $13,700 $67,410
2023 $1,866 $81,110 $13,700 $67,410
2022 $1,663 $81,110 $13,700 $67,410
2021 $1,663 $81,110 $13,700 $67,410
2020 $1,419 $81,110 $13,700 $67,410
2019 $1,480 $81,110 $13,700 $67,410
2018 $1,642 $81,110 $13,700 $67,410
2017 $1,825 $81,110 $13,700 $67,410
2016 $1,711 $81,110 $13,700 $67,410
2015 $1,399 $81,110 $13,700 $67,410
2014 $1,308 $83,060 $13,700 $69,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1536024

Maine Listings

APN: JAYY-000024-000000-000009