M
Seller's Agent in 2024
Mark Moody
Better Homes & Gardens Real Estate/The Masiello Group
(207) 491-4540
2 in this area
31 Total Sales
116 Oakes St Farmington, ME 04938
--
Bed
5
Baths
2,000
Sq Ft
0.27
Acres
Highlights
- Ski Resort
- Cape Cod Architecture
- Forced Air Heating System
- Nearby Water Access
- No HOA
- Level Lot
About This Home
As of November 2024Solid, updated investment opportunity! This 5 unit bldg. is PRODUCING INCOME NOW! Located in the heart of West Farmington, this property offers convenience to all of Farmington's businesses, shops, services and recreational opportunities in both the historic & renewed sections of town. Easily walk to UMAINE Farmington campus, the Sandy River, Hippach Field or take a short drive to Titcomb ski area or Sugarloaf Mtn.
Last Agent to Sell the Property
Better Homes & Gardens Real Estate/The Masiello Group Listed on: 01/13/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,441
Year Built
- Built in 1790
Lot Details
- 0.27 Acre Lot
- Rural Setting
- Level Lot
Home Design
- Cape Cod Architecture
- New Englander Architecture
- Wood Frame Construction
- Metal Roof
- Vinyl Siding
Interior Spaces
- 5 Full Bathrooms
- 2,000 Sq Ft Home
- Vinyl Flooring
Unfinished Basement
- Walk-Out Basement
- Interior Basement Entry
Parking
- Common or Shared Parking
- Shared Driveway
- On-Site Parking
- Off-Street Parking
Outdoor Features
- Nearby Water Access
- River Nearby
Location
- City Lot
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Oil
- Heating System Uses Propane
- Heat Pump System
- Heating System Mounted To A Wall or Window
- Electric Water Heater
Listing and Financial Details
- Tax Lot 13
- Assessor Parcel Number FARN-000000-U000031-000013
Community Details
Overview
- No Home Owners Association
- 5 Units
Recreation
- Ski Resort
Building Details
- Operating Expense $6,531
- Gross Income $43,200
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/22/2024 11/22/24 | Sold | $325,000 | -11.9% | $163 / Sq Ft |
| 10/08/2024 10/08/24 | Pending | -- | -- | -- |
| 05/17/2024 05/17/24 | Price Changed | $369,000 | -5.1% | $185 / Sq Ft |
| 01/13/2024 01/13/24 | For Sale | $389,000 | -- | $195 / Sq Ft |
Source: Maine Listings
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 | $1,832 | $85,400 | $14,400 | $71,000 |
| 2023 | $1,441 | $72,400 | $14,400 | $58,000 |
| 2022 | $1,303 | $72,400 | $14,400 | $58,000 |
| 2021 | $1,390 | $72,400 | $14,400 | $58,000 |
| 2020 | $1,418 | $72,000 | $14,000 | $58,000 |
| 2019 | $1,439 | $72,000 | $14,000 | $58,000 |
| 2018 | $1,409 | $72,000 | $14,000 | $58,000 |
| 2017 | $1,436 | $72,000 | $14,000 | $58,000 |
| 2016 | $1,388 | $72,000 | $14,000 | $58,000 |
| 2015 | $1,354 | $72,000 | $14,000 | $58,000 |
| 2014 | $1,254 | $72,400 | $14,400 | $58,000 |
| 2013 | $1,140 | $72,400 | $14,400 | $58,000 |
Source: Public Records
Agents Affiliated with this Home
-
Mark Moody
-
Dorinda Bridges
Buyer's Agent in 2024
Dorinda Bridges
RE/MAX
(603) 554-6128
3 in this area
54 Total Sales
Map
Source: Maine Listings
MLS Number: 1580380
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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