NOT LISTED FOR SALE

117 Penobscot St Rumford, ME 04276

Estimated Value: $174,000 - $355,842

5 Beds
3 Baths
2,400 Sq Ft
$96/Sq Ft Est. Value

Last Sold July 28, 2022

Last sale price $130,000 $54 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $1,420/month

291 Days on Market

Highlights

  • Scenic Views
  • Greek Revival Architecture
  • Main Floor Bedroom
  • Deck
  • Wood Flooring
  • No HOA

About This Home

As of July 2022

This building is currently used as a three unit apartment building. First floor has always been owner occupied. The second and third floor have great rental history. This is a great investment property in a growing town. Perfect location close to the grocery store and Rumford's business district.

Last Agent to Sell the Property

Matt Pingree

Amnet Realty Listed on: 05/17/2022

Last Buyer's Agent

Michael Quinn

The Lakes Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,455

Year Built

  • Built in 1900

Lot Details

  • 5,663 Sq Ft Lot
  • Landscaped
  • Level Lot

Parking

  • 1 Car Attached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Greek Revival Architecture
  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding
  • Clapboard

Interior Spaces

  • 2,400 Sq Ft Home
  • 3-Story Property
  • Screened Porch
  • Scenic Vista Views

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 3 Full Bathrooms

Unfinished Basement

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

Outdoor Features

  • Deck
  • Patio

Location

  • City Lot

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available

Listing and Financial Details

  • Tax Lot 174
  • Assessor Parcel Number 117penobscotstrumfordme04276

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $200
  • Gross Income $13,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,455

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.13
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 2400.0
  • Architectural Style: Greek-Revival, Multi-Level
  • Garage Yn: Yes
  • Building Stories: 3
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.13
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2400.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: 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
  • Basement Entry:Interior: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 1.0
  • Basement:Unfinished: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 3
  • Foundation Materials:BrickMortar2: Yes
  • Foundation Materials:Stone: Yes
  • Exterior:Clapboard: Yes
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 13200.0
  • Income Expenses Operating Expenses: 200.0
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Basement:BrickMortar: Yes
  • View:Scenic: Yes
  • Parking Other Parking: Yes
  • Basement:Sump Pump: Yes
  • Electric:Fuses: Yes
  • Building Info:_pound_ Floors3: 3
  • Style:Greek-Revival: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Brick/Mortar, Full, Sump Pump, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Fireplace: No
  • Flooring: Wood, Tile, Laminate, Carpet
  • Interior Amenities: 1st Floor Bedroom, Storage
  • Stories: 3
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Sidewalks, Landscaped, Intown, Near Town, Neighborhood
  • View: Scenic
  • Waterfront: No
  • Construction Type: Clapboard, Wood Frame
  • Foundation Details: Stone, Brick/Mortar
  • Patio And Porch Features: Deck, Patio, Screened
  • Roof: Shingle
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: 1 - 4 Spaces, Paved, On Site, Other, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Fuses, Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: RSU 10

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5662.8
  • Parcel #: 117penobscotstrumfordme04276
  • Zoning: None

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 13200.0
  • Annual Operating Expense: 200.0

Tax Info

  • Tax Annual Amount: 1455.0
  • Tax Book Number: 2988
  • Tax Lot: 174
  • Tax Map Number: 117
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 17, 2025
Sold by
Albert Derek and Albert Samantha
Bought by
Oxford Pine Llc
Current Estimated Value
$229,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,000
Outstanding Balance
$160,572
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$67,726

Purchase Details

Listed on
May 17, 2022
Closed on
Jul 28, 2022
Sold by
Prevost David R and Prevost Priscilla
Bought by
Albert Derek M
Seller's Agent
Matt Pingree
Amnet Realty
Buyer's Agent
Michael Quinn
The Lakes Real Estate
List Price
$139,900
Sold Price
$130,000
Premium/Discount to List
-$9,900
-7.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.13%
Original Mortgage
$104,000
Interest Rate
5.78%
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
Oxford Pine Llc $350,000 None Available
Oxford Pine Llc $350,000 None Available
Albert Derek M -- None Available
Albert Derek M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oxford Pine Llc $161,000
Closed Oxford Pine Llc $161,000
Previous Owner Albert Derek M $104,000
Previous Owner Prevost David R $1,594
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2022 07/28/22 Sold $130,000 -7.1% $54 / Sq Ft
05/29/2022 05/29/22 Pending -- -- --
08/10/2021 08/10/21 For Sale $139,900 -- $58 / 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 $2,003 $120,500 $15,700 $104,800
2023 $1,958 $88,300 $11,200 $77,100
2022 $1,983 $89,400 $11,200 $78,200
2021 $2,007 $89,400 $11,200 $78,200
2020 $2,020 $89,400 $11,200 $78,200
2019 $1,674 $54,880 $5,500 $49,380
2018 $1,085 $54,880 $5,500 $49,380
2017 $1,583 $54,880 $5,500 $49,380
2016 $1,537 $54,880 $5,500 $49,380
2015 $1,506 $54,880 $5,500 $49,380
2014 $1,479 $54,880 $5,500 $49,380
Source: Public Records

Agents Affiliated with this Home

  • Matt Pingree

    Seller's Agent in 2022

    Matt Pingree

    Amnet Realty

    (207) 357-8891

    68 in this area

    221 Total Sales

    Matt Pingree
    Section Image

  • M

    Buyer's Agent in 2022

    Michael Quinn

    The Lakes Real Estate

  • Mike Quinn

    Buyer's Agent in 2022

    Mike Quinn

    EXP Realty

    (207) 333-0577

    5 in this area

    66 Total Sales

    Mike Quinn
    Section Image
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Map

Source: Maine Listings

MLS Number: 1504584

Maine Listings

APN: RUMF-000117-000000-000174

Maine Oxford County Rumford 04276

117 Penobscot St, Rumford, ME

This home is located at 117 Penobscot St, Rumford, ME 04276 since 17 May 2022 and is currently estimated at $229,961, approximately $95 per square foot. This property was built in 1900. 117 Penobscot St is a home located in Oxford County with nearby schools including Rumford Elementary School, Meroby Elementary School, and Mountain Valley Middle School.

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