NOT LISTED FOR SALE

Estimated Value: $275,043 - $312,000

2 Beds
2 Baths
1,208 Sq Ft
1984 Built

Last Sold August 25, 2020

Last sale price $193,500 $160 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $1,957/month

Highlights

  • Water Views
  • Nearby Water Access
  • Property is near public transit
  • Abraham Lincoln School Rated 10
  • Above Ground Pool
  • 4-minute walk to Norumbega Parkway

About This Home

As of August 2020

Sought-after downtown Bangor Franklin Place 2nd floor condo with open concept living and updated, contemporary design. Superb location w/recreational trails, library, Sunday farmer's market, and all of Bangor's best restaurants and shops within walking distance. Secured building, 1st floor garage parking spot convenient to elevator, communal garden and swimming pool on top floor overlooking Kenduskeag Stream. Immaculate 2 BR, 2BA w/5-inch maple engineered hardwood floors throughout. Ceramic tile in bathrooms. Updated windows fold in for easy cleaning. Most units have to hire a lift to clean window exteriors. Open concept living, dining, and kitchen with large granite peninsula ideal for 4 bar stools. Kitchen has white Kashmir granite countertops, subway tile backsplash, and one-year old LG stainless-steel appliances. Custom maple cabinetry, granite countertops, German sinks/faucets and Toto soft-closing toilets in master bathroom. Guest bathroom has granite countertops, linen closet, Toto soft-closing toilets, and stackable Frigidaire washer/dryer. Large master bedroom has walk-in closet. 2nd bedroom is perfect as alternative home office. Small storage unit is in the basement underneath the garage level. Franklin Place residents love animals, but dogs are not allowed, only cats.

Enjoy easy living at Franklin Place. Snow plowing is covered by HOA fees and garage parking means never having to scrap ice/snow in winter and cool car interiors on warm, summer days. Each floor has a trash chute for easy trash disposal. Mail boxes are located right outside the lobby entrance. Package deliveries can be securely left in the newly-decorated lobby. Natural gas means low heating costs, central air-conditioning keeps you cool in summer, and the building rarely loses power during storms. Franklin Place residents may reserve the 4th floor pool room with dressing rooms and kitchenette for private parties at no cost. Come join the Franklin Place family!

Last Agent to Sell the Property

Susan Lane-Ziegelaar

Realty of Maine Listed on: 06/01/2020

Realty of Maine

Last Buyer's Agent

Renee Hudgens

Realty of Maine

Realty of Maine

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,215

Year Built

  • Built in 1984

Lot Details

  • Home fronts a stream
  • Landscaped

Parking

  • 1 Car Garage
  • No Driveway

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Membrane Roofing
  • Masonry

Interior Spaces

  • 1,208 Sq Ft Home
  • 1-Story Property
  • Water Views
  • Home Security System

Kitchen

  • Electric Range
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub and Shower Combination in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Brick Basement
  • Interior Basement Entry
  • Sump Pump

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Nearby Water Access
  • Deep Water Access

Location

  • Property is near public transit
  • City Lot

Utilities

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

Listing and Financial Details

  • No Rentals Allowed
  • Tax Lot 076
  • Assessor Parcel Number BANG-000041-000076-000112B9

Community Details

Overview

  • No Home Owners Association
  • 26 Units
  • High-Rise Condominium
  • The community has rules related to deed restrictions

Recreation

  • Above Ground Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,215

Year Built

Built in 1984

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Water Body Name: Kenduskeag
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1208.0
  • Architectural Style: High Rise
  • Garage Yn: Yes
  • 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: 1208.0
  • Property Information:Garage: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Basement:Walkout Access: Yes
  • Heat System:Forced Air: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Washer: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Amenities:Security System: Yes
  • Property Information:Garage Spaces: 1.0
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Rental Allowed: No
  • Condominium:Units in Building: 26
  • Kitchen Countertop:Granite: Yes
  • Amenities:One-Floor Living: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Cooling:Central Air: Yes
  • Amenities:Walk-in Closets: Yes
  • Primary Bedroom Amenities:Full Bath7: Yes
  • Primary Bedroom Amenities:Walk-in Closet6: Yes
  • Room Features:Walk-in Closet17: Yes
  • Foundation Materials:BrickMortar2: Yes
  • Amenities:Bathtub: Yes
  • Appliances Included:Cooktop: Yes
  • Bedroom 1 Amenities:Full Bath: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Gas:Natural - At Street: Yes
  • Recreational Water:Nearby: Yes
  • Primary Bedroom Amenities:Double Vanities6: Yes
  • Primary Bedroom Amenities:Soaking Tub6: Yes
  • Room Features:Double Vanities17: Yes
  • Room Features:Soaking Tub17: Yes
  • Basement:BrickMortar: Yes
  • Equipment:Internet Access Available: Yes
  • Driveway:No Driveway: Yes
  • Property Information:Deed Restrictions: Yes
  • Property Information:Bank Owned REO: No
  • Basement:Sump Pump: Yes
  • Exterior:Brick: Yes
  • Laundry Room:Laundry Room: Yes
  • Accessibilitiy Amenities:ElevatorChair Lift: Yes
  • Transportation:Deep Water Access: Yes
  • Roof:Membrane: Yes
  • Transportation:Public Transport Access: Yes
  • Amenities:Elevator Passenger: Yes
  • Style:High Rise: Yes
  • Condominium:_pound_ of Buildings: 1
  • Amenities:Pool-Above Ground: Yes
  • Construction:Masonry: Yes
  • Bedroom 1 Amenities:Double Vanities: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Washer, Refrigerator, Electric Range, Dishwasher, Cooktop
  • Accessibility Features: Elevator/Chair Lift
  • Has Basement: Brick/Mortar, Walk-Out Access, Full, Sump Pump, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: Walk-in Closets, Elevator Passenger, 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, Bathtub, One-Floor Living, Shower, Primary Bedroom w/Bath
  • Full Basement: Yes
  • Primary Bedroom Primary Bedroom Level: First
  • Bedroom 1:Bedroom 1 Level: First
  • Laundry Room Laundry Room Level: First

Exterior Features

  • Lot Features: Sidewalks, Landscaped, Intown, Near Shopping, Near Public Transit
  • Pool Features: Above Ground
  • Waterfront Features: Stream
  • Waterfront: No
  • Construction Type: Brick, Masonry
  • Foundation Details: Brick/Mortar
  • Roof: Membrane, Other

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: No Driveway

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Security: Security System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Parcel #: BANG-000041-000076-000112B9
  • Zoning: DDD

Multi Family

  • Number Of Units In Community: 26

Tax Info

  • Tax Annual Amount: 3215.0
  • Tax Book Number: 7138
  • Tax Lot: 076
  • Tax Map Number: 041
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2020
Closed on
Aug 25, 2020
Sold by
Wilkes S Dale
Bought by
Bhandari Shruti
Seller's Agent
Susan Lane-Ziegelaar
Realty of Maine
Buyer's Agent
Renee Hudgens
Realty of Maine
List Price
$193,500
Sold Price
$193,500
Current Estimated Value
$296,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,261
Avg. Annual Appreciation
8.71%
Original Mortgage
$154,800
Outstanding Balance
$82,995
Interest Rate
2.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$213,766
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
Bhandari Shruti -- None Available
Bhandari Shruti -- None Available
Bhandari Shruti -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bhandari Shruti $154,800
Closed Bhandari Shruti $154,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2020 08/25/20 Sold $193,500 0.0% $160 / Sq Ft
06/01/2020 06/01/20 Pending -- -- --
06/01/2020 06/01/20 For Sale $193,500 -- $160 / 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 $4,525 $235,700 $40,600 $195,100
2023 $3,808 $193,000 $26,400 $166,600
2022 $3,707 $177,100 $26,400 $150,700
2021 $3,622 $162,400 $24,500 $137,900
2020 $3,299 $142,200 $23,600 $118,600
2019 $3,215 $139,800 $23,600 $116,200
2018 $3,133 $136,500 $23,600 $112,900
2017 $2,925 $129,700 $23,600 $106,100
2016 $2,855 $126,900 $23,600 $103,300
2015 $2,691 $122,600 $23,600 $99,000
2014 -- $121,600 $23,600 $98,000
2013 $2,654 $127,600 $23,600 $104,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1454318

Maine Listings

APN: BANG-000041-000076-000112B9