NOT LISTED FOR SALE

1149 Main St Readfield, ME 04355

Estimated Value: $302,240 - $463,000

-- Bed
2 Baths
3,500 Sq Ft
$107/Sq Ft Est. Value

Last Sold September 14, 2022

Last sale price $240,000 $69 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $2,270/month

35 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Concrete Flooring
  • Corner Lot
  • Tankless Water Heater
  • Wood Siding

About This Home

As of September 2022

Large duplex in Downtown Readfield. Tenants pay heat, hw, elec. Lower unit rehabbed and occupied on a 1-year lease. Upper unit is now being rehabbed and will be a 4-bedroom unit. lots of extra space, lots of parking. Nice terrace to bring back to life. Command downtown Readfield! Broker-seller.

Last Agent to Sell the Property

Daniel Hildebrandt

AllMaineHomes, LLC Listed on: 07/01/2022

Last Buyer's Agent

Hiedi Laliberte

Your Home Sold Guaranteed Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,671

Year Built

  • Built in 1900

Lot Details

  • 0.53 Acre Lot
  • Rural Setting
  • Corner Lot
  • Level Lot

Parking

  • Gravel Driveway

Home Design

  • 3,500 Sq Ft Home
  • Duplex
  • Colonial Architecture
  • A-Frame Home
  • Stone Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Flooring

  • Laminate
  • Concrete
  • Vinyl

Unfinished Basement

  • Partial Basement
  • Interior Basement Entry
  • Sump Pump

Utilities

  • Air Conditioning
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window
  • Tankless Water Heater
  • Gas Water Heater
  • Water Heated On Demand
  • Septic System
  • Septic Design Available
  • Private Sewer

Additional Features

  • 2 Full Bathrooms
  • Doors are 32 inches wide or more

Listing and Financial Details

  • Tax Lot 39
  • Assessor Parcel Number RFLD-000120-000000-000039

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • 25-Story Property

Building Details

  • Operating Expense $6,000
  • Gross Income $36,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,671

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.53
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 3500.0
  • Architectural Style: Duplex, Colonial, A-Frame
  • Garage Yn: No
  • Building Stories: 25
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.53
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 3500.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Gas: Yes
  • Water Heater:On Demand: Yes
  • Foundation Materials:Slab: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Water Heater:Tankless: Yes
  • Floors:Laminate: Yes
  • Basement:Partial: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:Stone: Yes
  • Building Info:_pound_ Stories2: 25
  • Income Expenses Gross Income: 36000.0
  • Income Expenses Operating Expenses: 6000.0
  • Exterior:Wood Siding: Yes
  • Style:Colonial: Yes
  • Sewer:Private Sewer: Yes
  • Style:Duplex: Yes
  • Property Information:Short Sale Continue to Show: No
  • Location:Rural: Yes
  • Driveway:Gravel: Yes
  • Property Information:Deed Restrictions: Unknown
  • Sewer:Septic Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Sewer:Septic Design Available: Yes
  • Heat System:Direct Vent Heater: Yes
  • Basement:Sump Pump: Yes
  • Floors:Concrete2: Yes
  • Cooling:AC Units: Yes
  • Sewer:Quasi-Public: Yes
  • Building Info:_pound_ Floors3: 2
  • Property Information 2 Detached Houses on 1 Lot: No
  • Accessibilitiy Amenities 32 - 36 Inch Doors: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 25

Interior Features

  • Accessibility Features: 32 - 36 Inch Doors
  • Has Basement: Partial, Sump Pump, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Fireplace: No
  • Flooring: Vinyl, Laminate, Concrete
  • Stories: 2

Exterior Features

  • Lot Features: Corner Lot, Level, Sidewalks, Rural
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Stone, Slab
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 11 - 20 Spaces, Gravel

Utilities

  • Cooling: None, A/C Units
  • Cooling Y N: No
  • Heating: Direct Vent Heater
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Quasi-Public, Private Sewer, Septic Design Available, Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 23086.8
  • Parcel #: RFLD-000120-000000-000039
  • Zoning: Commercial

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 36000.0
  • Annual Operating Expense: 6000.0

Tax Info

  • Tax Annual Amount: 3671.0
  • Tax Lot: 39
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2022
Closed on
Sep 15, 2022
Sold by
Lang Hill Co Llc
Bought by
White Bethany A
Seller's Agent
Daniel Hildebrandt
AllMaineHomes, LLC
Buyer's Agent
Hiedi Laliberte
Your Home Sold Guaranteed Realty
List Price
$295,000
Sold Price
$240,000
Premium/Discount to List
-$55,000
-18.64%
Current Estimated Value
$375,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,060
Avg. Annual Appreciation
15.38%
Original Mortgage
$235,653
Outstanding Balance
$224,661
Interest Rate
4.99%
Mortgage Type
FHA
Estimated Equity
$150,399

Purchase Details

Closed on
Feb 18, 2022
Sold by
Bruce Catherine S
Bought by
Lang Hill Companies Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,400
Interest Rate
3.55%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 4, 2007
Sold by
Voynik Edward
Bought by
Bruce Catherine S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
6.48%
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
White Bethany A -- None Available
White Bethany A -- None Available
Lang Hill Companies Llc -- None Available
Lang Hill Companies Llc -- None Available
Bruce Catherine S -- --
Bruce Catherine S -- --
Bruce Catherine S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open White Bethany A $235,653
Closed White Bethany A $235,653
Previous Owner Lang Hill Companies Llc $144,400
Previous Owner Bruce Catherine S $153,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2022 09/14/22 Sold $240,000 -18.6% $69 / Sq Ft
08/06/2022 08/06/22 Pending -- -- --
07/01/2022 07/01/22 For Sale $295,000 -- $84 / 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 $3,566 $266,300 $26,800 $239,500
2023 $3,590 $253,500 $23,500 $230,000
2022 $2,651 $232,500 $60,900 $171,600
2021 $3,671 $232,500 $60,900 $171,600
2020 $4,085 $232,500 $60,900 $171,600
2019 $4,545 $232,500 $60,900 $171,600
2018 $4,520 $232,500 $60,900 $171,600
2017 $4,485 $232,500 $60,900 $171,600
2015 $3,987 $220,500 $60,900 $159,600
2014 $4,079 $220,500 $60,900 $159,600
Source: Public Records

Agents Affiliated with this Home

  • Daniel Hildebrandt

    Seller's Agent in 2022

    Daniel Hildebrandt

    AllMaineHomes, LLC

    (207) 215-5669

    1 in this area

    27 Total Sales

    Daniel Hildebrandt
    Section Image

  • H

    Buyer's Agent in 2022

    Hiedi Laliberte

    Your Home Sold Guaranteed Realty

    (207) 215-4165

    2 in this area

    139 Total Sales

    Hiedi Laliberte
    Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1534916

Maine Listings

APN: RFLD-000120-000000-000039

Maine Kennebec County Readfield 04355

1149 Main St, Readfield, ME

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