NOT LISTED FOR SALE

Estimated Value: $302,742 - $374,000

2 Beds
2 Baths
1,488 Sq Ft
$517/mo HOA Fee

Last Sold June 06, 2024

Last sale price $280,000 $188 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,695/month

4 Days on Market

Highlights

  • Water Views
  • In Ground Pool
  • Contemporary Architecture
  • Abraham Lincoln School Rated 10
  • Deck
  • 4-minute walk to Norumbega Parkway

About This Home

As of June 2024

Welcome to downtown living at its finest. This Franklin Place condominium sits in the heart of Bangor. The unit overlooks the Kenduskeag Stream on the sunny southwest side of this low rise building. Boasting amenities like an attached, secure garage parking spot, beautifully landscaped stream side garden, bright and airy indoor pool area, this property can't be beat if you desire closeness to the vibrancy of downtown while enjoying a connection to nature. Watch changing waters and eagles from the deck. Bring your style to this sun filled home. The space is your canvas with newer hardwood floors and appliances, well laid out kitchen, large laundry room in unit, and additional large storage room just down the hall. If you feel ready to retire the lawnmower and put down the snow shovel, condo living may be for you. The summer farmers' market, Bangor Public Library, many restaurants, Zillman Art Museum, Children's Museum, Penobscot Theater Company, Waterfront Concerts, public parks and trails, and so much more are easily accessible from Franklin Place.

Last Agent to Sell the Property

Katherine Dawson

ERA Dawson-Bradford Co. Listed on: 04/26/2024

ERA Dawson-Bradford Co.

Last Buyer's Agent

Shari Garland Tammy Smith

Realty of Maine

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,445

Year Built

  • Built in 1984

Lot Details

  • Home fronts a stream
  • Landscaped
  • Level Lot
  • Open Lot

HOA Fees

  • $517 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Common or Shared Parking
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Shared Driveway
  • Off-Street Parking
  • Reserved Parking

Property Views

  • Water
  • Scenic Vista
  • Woods

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Concrete Foundation
  • Slab Foundation
  • Membrane Roofing
  • Concrete Perimeter Foundation
  • Masonry

Interior Spaces

  • 1,488 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Great Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Formica Countertops

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Bathtub
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Accessible Home Design

  • Level Entry For Accessibility

Outdoor Features

  • Balcony
  • Deck

Location

  • Property is near public transit
  • City Lot

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 076
  • Assessor Parcel Number BANG-000041-000076-000112B-000003

Community Details

Overview

  • 26 Units
  • FHA/VA Approved Complex
  • The community has rules related to deed restrictions

Amenities

  • Elevator
  • Community Storage Space

Recreation

  • In Ground Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,445

Year Built

Built in 1984

Lot Details

0

HOA Fees

$517 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Water Body Name: Kenduskeag Stream
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1488.0
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Efficiency: Double Pane Windows
  • Year Built: 1984
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Property Information:Seasonal: No
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1488.0
  • Property Information:Garage: Yes
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Heat System:Forced Air: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Amenities:Pool-In Ground: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Amenities:Storage: Yes
  • Location Information:Association Fee: 517.3
  • Location Information:Fee Frequency Paid: Monthly
  • Property Information:Garage Spaces: 1.0
  • Foundation Materials:Slab: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: Yes
  • Condominium:Rental Allowed: Yes
  • Condominium:Units in Building: 26
  • Gas:Natural - On Site: Yes
  • Driveway:Common2: Yes
  • Amenities:One-Floor Living: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Heat Fuel:Gas Natural: Yes
  • Cooling:Central Air: Yes
  • Primary Bedroom Amenities:Full Bath7: Yes
  • Floors:Laminate: Yes
  • Parking:On Site2: Yes
  • Amenities:Bathtub: Yes
  • View:TreesWoods: Yes
  • Equipment:Internet Access Available: Yes
  • Property Information:Deed Restrictions: Yes
  • Kitchen Countertop:Formica: Yes
  • Equipment:Cable: Yes
  • Great Room:Great Room: Yes
  • View:Scenic: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Exterior:Brick: Yes
  • Accessibilitiy Amenities:Level Entry: Yes
  • Laundry Room:Laundry Room: Yes
  • Primary Bedroom Amenities:BalconyDeck6: Yes
  • Room Features:BalconyDeck17: Yes
  • Roof:Membrane: Yes
  • Vehicle Storage:Under: Yes
  • Transportation:Public Transport Access: Yes
  • Amenities:Elevator Passenger: Yes
  • Roof:Flat: Yes
  • Condominium:_pound_ of Buildings: 1
  • Construction:Masonry: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Parking Reserved Parking: Yes
  • Parking Reserved Parking Spaces: 1
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher
  • Accessibility Features: Level Entry
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: Elevator Passenger, Bathtub, One-Floor Living, Shower, Storage, Primary Bedroom w/Bath
  • Bedroom 2 Level: Second
  • Kitchen Kitchen Level: Second
  • Primary Bedroom Primary Bedroom Level: Second
  • Laundry Room Laundry Room Level: Second

Exterior Features

  • Lot Features: Corner Lot, Level, Open Lot, Sidewalks, Landscaped, Intown, Near Shopping, Near Public Transit
  • Pool Features: In Ground
  • View: Scenic, Trees/Woods
  • Waterfront Features: Stream
  • Waterfront: No
  • Construction Type: Brick, Masonry
  • Foundation Details: Concrete Perimeter, Slab
  • Patio And Porch Features: Deck
  • Roof: Flat, Membrane
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: 1 - 4 Spaces, Paved, Common, On Site, Garage Door Opener, Off Street, Underground

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 517.3
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Junior High Dist: Bangor Public Schools

Lot Info

  • Land Lease: No
  • Parcel #: BANG-000041-000076-000112B-000003
  • Zoning: DDD

Multi Family

  • Number Of Units In Community: 26

Tax Info

  • Tax Annual Amount: 4445.0
  • Tax Book Number: 14985
  • Tax Lot: 076
  • Tax Map Number: 041
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2024
Closed on
Jun 6, 2024
Sold by
Albert L Sr & E Bean Irt and Bean
Bought by
Hustus Tina
Seller's Agent
Katherine Dawson
ERA Dawson-Bradford Co.
Buyer's Agent
Shari Garland Tammy Smith
Realty of Maine
List Price
$285,000
Sold Price
$280,000
Premium/Discount to List
-$5,000
-1.75%
Views
33
Current Estimated Value
$326,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,436
Avg. Annual Appreciation
12.13%
Original Mortgage
$50,000
Outstanding Balance
$49,296
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$277,140

Purchase Details

Closed on
Oct 26, 2018
Sold by
Oster Lois A Est and Osullivan
Bought by
Albert L Sr & E L Bean Irt and Bean
Source: Public Records

Range of Values:

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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
Hustus Tina $280,000 None Available
Hustus Tina $280,000 None Available
Albert L Sr & E L Bean Irt -- --
Albert L Sr & E L Bean Irt -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hustus Tina $50,000
Closed Hustus Tina $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/06/2024 06/06/24 Sold $280,000 -1.8% $188 / Sq Ft
05/01/2024 05/01/24 Pending -- -- --
04/26/2024 04/26/24 For Sale $285,000 -- $192 / 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 $5,292 $275,600 $50,000 $225,600
2023 $4,445 $225,300 $32,600 $192,700
2022 $4,330 $206,900 $32,600 $174,300
2021 $4,233 $189,800 $30,200 $159,600
2020 $3,863 $166,500 $29,100 $137,400
2019 $3,765 $163,700 $29,100 $134,600
2018 $3,667 $159,800 $29,100 $130,700
2017 $3,425 $151,900 $29,100 $122,800
2016 $3,344 $148,600 $29,100 $119,500
2015 $3,152 $143,600 $29,100 $114,500
2014 -- $142,600 $29,100 $113,500
2013 $3,110 $149,500 $29,100 $120,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1587576

Maine Listings

APN: BANG-000041-000076-000112B3