$415,000
SOLD DEC 2, 2024
2 Beds
2.5 Baths
1,722 Sq Ft
$598/mo HOA Fee

Recently Sold

$241 Per Sq Ft

8% Below List Price

15 Days on Market

Highlights

  • In Ground Pool
  • River Front
  • Property is near public transit
  • William S. Cohen School Rated A-
  • Deck
  • 1-minute walk to Norumbega Parkway

About This Home

As of December 2024

LUXURIOUS CONDO IN THE HEART OF DOWNTOWN BANGOR
Discover your dream home in the exquisite condo which features an expansive rooftop deck perfect for entertaining. Or simply relax while gazing at the classic architecture of the Bangor Public Library.
2 bedrooms and 2.5 bathrooms.
Step inside to find a stunning (replacement) atrium which floods the space with natural light. An impressive window wall allows views of the serene courtyard below bordering the Kenduskeag Stream. Custom cabinetry throughout combines beauty and functionality. Rare is a home that has more built-in storage than this one.
The spacious kitchen feature Corian countertops, wine rack and open floor plan that seamlessly connects to the living area,
You will love the primary bedroom suite complete with window seat. An oversize walk-in closet even has his and her built-in shoe racks. Double sinks and a modern walk-in shower complete the master bath.
The laundry is conveniently located near both bedrooms. Bonus storage area can be found upstairs off the master bath, downstairs in the entry closet and in the basement below the garage. This unit has two designated parking spots and a community pool available for residents.

Last Agent to Sell the Property

Elaine Pelletier

Better Homes & Gardens Real Estate/The Masiello Group Listed on: 10/04/2024

Better Homes & Gardens Real Estate/The Masiello Group

Last Buyer's Agent

Lewis Morris Nicole Drake

NextHome Experience

NextHome Experience

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,972

Year Built

  • Built in 1984

Lot Details

  • River Front
  • Landscaped
  • Open Lot

HOA Fees

  • $598 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Driveway
  • Reserved Parking

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Concrete Foundation
  • Shingle Roof
  • Membrane Roofing
  • Concrete Perimeter Foundation
  • Masonry

Interior Spaces

  • 1,722 Sq Ft Home
  • Built-In Features
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Water Views
  • Unfinished Basement
  • Interior Basement Entry

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Bedroom Suite
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Deck
  • Enclosed Glass Porch

Location

  • Property is near public transit
  • City Lot

Utilities

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

Listing and Financial Details

  • Tax Lot 76
  • Assessor Parcel Number 112franklinstreetd7bangorme

Community Details

Overview

  • 26 Units
  • High-Rise Condominium
  • Franklin Place Associates Subdivision
  • FHA/VA Approved Complex

Amenities

  • Elevator
  • Community Storage Space

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,972

Year Built

Built in 1984

Lot Details

0

HOA Fees

$598 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Water Body Name: Kenduskeag Stream
  • MLS Status: Closed
  • Subdivision Name: Franklin Place Associates
  • Directions: Bangor to Franklin Street #112. You must enter front door to access the lockbox which will give you key to access the building.
  • Above Grade Finished Sq Ft: 1722.0
  • Architectural Style: High Rise
  • Garage Yn: Yes
  • Year Built: 1984
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 1722.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Roof:Shingle: 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:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Gas: Yes
  • Amenities:Pool-In Ground: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Amenities:Storage: Yes
  • Location Information:Association Fee: 598.0
  • Location Information:Fee Frequency Paid: Monthly
  • Property Information:Garage Spaces: 2.0
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: Yes
  • Condominium:Units in Building: 26
  • Amenities:Shower: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Heat Fuel:Gas Natural: Yes
  • Cooling:Central Air: Yes
  • Amenities:Walk-in Closets: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Kitchen Amenities:Island: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Full Bath7: Yes
  • Primary Bedroom Amenities:Suite6: Yes
  • Primary Bedroom Amenities:Walk-in Closet6: Yes
  • Room Features:Island2: Yes
  • Room Features:Suite17: Yes
  • Room Features:Walk-in Closet17: Yes
  • Foundation Materials:BrickMortar2: Yes
  • Parking:On Site2: Yes
  • Sunroom:Sunroom: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Gas:Natural - At Street: Yes
  • Primary Bedroom Amenities:Double Vanities6: Yes
  • Room Features:Double Vanities17: Yes
  • Dining Room Amenities:Dining Area: Yes
  • Room Features:Dining Area2: Yes
  • Exterior:Brick: Yes
  • Laundry Room:Laundry Room: Yes
  • Room Features:Built-Ins30: Yes
  • Roof:Membrane: Yes
  • Vehicle Storage:Under: Yes
  • Transportation:Public Transport Access: Yes
  • Amenities:Elevator Passenger: Yes
  • Style:High Rise: Yes
  • Sunroom Amenities:Four-Season: Yes
  • Kitchen Amenities:Breakfast Nook: Yes
  • Room Features:Breakfast Nook2: Yes
  • Living Room Amenities:Built-Ins14: Yes
  • Laundry Room Amenities:Built-Ins13: Yes
  • Primary Bedroom Amenities:Built-Ins15: Yes
  • Construction:Masonry: Yes
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Parking Reserved Parking: Yes
  • Parking Reserved Parking Spaces: 2
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher
  • Has Basement: Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: Walk-in Closets, Elevator Passenger, Other, Pantry, Shower, Storage, Primary Bedroom w/Bath
  • Bedroom 2 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: Second
  • Laundry Room Laundry Room Level: Second

Exterior Features

  • Lot Features: Level, Open Lot, Landscaped, Intown, Near Public Transit
  • Pool Features: In Ground
  • Waterfront Features: River
  • Waterfront: No
  • Construction Type: Brick, Masonry
  • Foundation Details: Concrete Perimeter, Brick/Mortar
  • Patio And Porch Features: Deck, Glass Enclosed
  • Roof: Membrane, Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Paved, On Site, Garage Door Opener, Inside Entrance, Underground

Utilities

  • Laundry Features: Built-Ins, Laundry - 1st Floor, Main Level
  • 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: 598.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Land Lease: No
  • Parcel #: 112franklinstreetd7bangorme
  • Zoning: Res

Multi Family

  • Number Of Units In Community: 26

Tax Info

  • Tax Annual Amount: 4972.0
  • Tax Book Number: 14397
  • Tax Lot: 76
  • Tax Map Number: 41
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2024
Closed on
Dec 2, 2024
Sold by
G E & Barbara B True Lt and True
Bought by
Cashman David and Cashman Karen
Seller's Agent
Elaine Pelletier
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Lewis Morris Nicole Drake
NextHome Experience
List Price
$449,900
Sold Price
$415,000
Premium/Discount to List
-$34,900
-7.76%
Views
26
Current Estimated Value
$424,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,899
Avg. Annual Appreciation
4.38%
Original Mortgage
$380,000
Outstanding Balance
$378,599
Interest Rate
6.44%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$46,300

Purchase Details

Closed on
Jan 27, 2017
Sold by
True Barbara B
Bought by
Gordon E & B B True Lt and True
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 Type Sale Price Title Company
Deed $415,000 None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $380,000 Purchase Money Mortgage
Previous Owner $175,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2024 12/02/24 Sold $415,000 -7.8% $241 / Sq Ft
10/19/2024 10/19/24 Pending -- -- --
10/04/2024 10/04/24 For Sale $449,900 -- $261 / 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 $5,904 $307,500 $57,900 $249,600
2023 $4,972 $252,000 $37,700 $214,300
2022 $4,864 $232,400 $37,700 $194,700
2021 $4,772 $214,000 $34,900 $179,100
2020 $4,399 $189,600 $33,600 $156,000
2019 $4,292 $186,600 $33,600 $153,000
2018 $4,186 $182,400 $33,600 $148,800
2017 $3,910 $173,400 $33,600 $139,800
2016 $3,823 $169,900 $33,600 $136,300
2015 $3,604 $164,200 $33,600 $130,600
2014 -- $163,100 $33,600 $129,500
2013 $3,557 $171,000 $33,600 $137,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1605870

Maine Listings

APN: BANG-000041-000076-000112D7