NOT LISTED FOR SALE

118 Gordon Hill Rd Thorndike, ME 04986

Estimated Value: $166,000 - $336,000

-- Bed
2 Baths
1,919 Sq Ft
$116/Sq Ft Est. Value

Last Sold April 16, 2021

Last sale price $130,000 $68 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $1,454/month

13 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Heating System Uses Oil
  • Farmhouse Style Home
  • Level Lot

About This Home

As of April 2021

This could be your easy-care investment property, or easily convert to a single family, or single family with in-law apartment! Two sunny and quiet apartments have always attracted responsible tenants with good credit. The property has plenty of off street parking available, and a barn that can be used as an upsell for tenant storage, a workshop for you, or even as shelter for hobby farm animals. Updated in 2007 with new shingles, electric water heater, insulation, windows. Landscaping updated in 2020 to include gravel paths and native carefree perennials. Walkable neighborhood, friendly folks on the street, up and coming crossroads town. Great location just minutes from Post Office, Town Office, Fire Station, Unity College, Amish community; and short drives to Brooks, Belfast, Waterville, Bangor.

Last Listed By

David White

OwnerEntry.com Listed on: 12/18/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,574

Year Built

  • Built in 1888

Lot Details

  • 1.17 Acre Lot
  • Rural Setting
  • Level Lot

Parking

  • Gravel Driveway

Home Design

  • 1,919 Sq Ft Home
  • Farmhouse Style Home
  • Stone Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Fiberglass Roof
  • Vinyl Siding

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Natural Gas Not Available
  • Private Water Source
  • Electric Water Heater
  • Septic System
  • Private Sewer

Listing and Financial Details

  • Tax Lot 40
  • Assessor Parcel Number THOE-000011-000000-000040-HI000000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $8,500
  • Gross Income $16,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,574

Year Built

Built in 1888

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 1.17
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Rt 220 to Thorndike, left onto Rt 139/Gordon Hill Rd
  • Above Grade Finished Sq Ft: 1919.0
  • Architectural Style: Farmhouse
  • Garage Yn: No
  • Year Built: 1888
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 1.17
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1919.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:Stone: Yes
  • Income Expenses Gross Income: 16500.0
  • Income Expenses Operating Expenses: 8500.0
  • Sewer:Private Sewer: Yes
  • Roof:Pitched: Yes
  • Location:Rural: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Sewer:Septic Existing on Site: Yes
  • Foundation Materials:Granite2: Yes
  • Roof:Fiberglass: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Flooring: Wood, Vinyl, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Rural
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Stone, Granite
  • Roof: Fiberglass, Pitched, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Gravel

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Private

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 50965.2
  • Parcel #: THOE-000011-000000-000040-HI000000
  • Zoning: r

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 16500.0
  • Annual Operating Expense: 8500.0

Tax Info

  • Tax Annual Amount: 2574.0
  • Tax Book Number: 3052
  • Tax Lot: 40
  • Tax Map Number: 11
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2020
Closed on
Apr 15, 2021
Sold by
Dehart Jennifer and Dehart Pieter
Bought by
Langan John and Sanborn Misha
Seller's Agent
David White
OwnerEntry.com
Buyer's Agent
David White
OwnerEntry.com
List Price
$139,900
Sold Price
$130,000
Premium/Discount to List
-$9,900
-7.08%
Total Days on Market
13
Current Estimated Value
$222,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,478
Avg. Annual Appreciation
13.60%
Original Mortgage
$112,433
Outstanding Balance
$103,471
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$114,730

Purchase Details

Closed on
Aug 22, 2016
Sold by
Miller Street Llc
Bought by
Dehart Pieter and Dehart Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
3.41%
Mortgage Type
New Conventional

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
Langan John -- None Available
Dehart Pieter -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Langan John $112,433
Previous Owner Dehart Pieter $66,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2021 04/16/21 Sold $130,000 -7.1% $68 / Sq Ft
01/01/2021 01/01/21 Pending -- -- --
12/18/2020 12/18/20 For Sale $139,900 -- $73 / 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 $2,639 $142,630 $24,250 $118,380
2023 $2,496 $142,630 $24,250 $118,380
2022 $2,496 $142,630 $24,250 $118,380
2021 $2,469 $104,192 $20,000 $84,192
2020 $2,574 $104,192 $20,000 $84,192
2019 $2,574 $104,192 $20,000 $84,192
2018 $2,501 $104,192 $20,000 $84,192
2017 $2,574 $104,192 $20,000 $84,192
2016 $1,980 $104,192 $20,000 $84,192
2014 $1,938 $127,503 $20,000 $107,503
2013 -- $127,503 $20,000 $107,503
2010 -- $127,040 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1478434

Maine Listings

APN: THOE-000011-000000-000040-HI000000