NOT LISTED FOR SALE

118 Mountain Rd Arundel, ME 04046

Estimated Value: $427,179 - $800,000

5 Beds
2.5 Baths
2,152 Sq Ft
$286/Sq Ft Est. Value

Last Sold August 26, 2020

Last sale price $335,000 $156 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $3,535/month

3 Days on Market

Highlights

  • 4.06 Acre Lot
  • Wooded Lot
  • Carpet
  • Kennebunk High School Rated 9+
  • No HOA
  • Heating System Uses Kerosene

About This Home

As of August 2020

This well maintained duplex sits on 4 acres of privacy! Located just a 5 min drive to shopping and restaurants. The right side has 3 bedrooms and 1.5 baths. The left side has 2 bedrooms 1 bath. Both sides have long term tenants at will. Each side has a dedicated heating system.

Last Agent to Sell the Property

Marissa Hyland

Portside Real Estate Group Listed on: 06/25/2020

Co-Listed By

Dava Davin

Portside Real Estate Group

Last Buyer's Agent

Kaitlyn Mooers

Coldwell Banker Realty

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,194

Year Built

  • Built in 1989

Lot Details

  • 4.06

Home Design

  • 2,152 Sq Ft Home
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Flooring

  • Carpet
  • Vinyl

Basement

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

Parking

  • Common or Shared Parking
  • Gravel Driveway
  • Shared Driveway

Utilities

  • No Cooling
  • Heating System Uses Kerosene
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window
  • Private Water Source
  • Electric Water Heater
  • Private Sewer

Additional Features

  • Wooded Lot

Listing and Financial Details

  • Tax Lot 2c
  • Assessor Parcel Number 118mountainrdarundelmaine

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $99,999
  • Gross Income $24,600

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,194

Year Built

Built in 1989

Lot Details

4.06 Acres

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 4.06
  • Road Surface Type: Paved
  • Co List Office Phone: 207-619-7571
  • MLS Status: Closed
  • Directions: Route 111, Alfred Street to left onto bypass, right onto Mountain Road, past Old Alfred Road to #118-120.
  • Above Grade Finished Sq Ft: 2152.0
  • Architectural Style: Townhouse
  • Garage Yn: No
  • Year Built: 1989
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 146.38
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 4.06
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2152.0
  • Property Information:Garage: No
  • 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:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Property Information:Number of Units: 2
  • Income Expenses Gross Income: 24600.0
  • Income Expenses Operating Expenses: 99999.0
  • Sewer:Private Sewer: Yes
  • Heat Fuel:K-1Kerosene: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Heat System:Direct Vent Heater: Yes
  • Style:Townhouse: Yes
  • Advertising Remarks:Advertising Remarks: This well maintained duplex sits on 4 acres of privacy! Located just a 5 min drive to shopping and restaurants. The right side has 3 bedrooms and 1.5 baths. The left side has 2 bedrooms 1 bath. Both sides have long term tenants at will. Each side has a dedicated heating system.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Has Basement: Full, Interior Entry
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Flooring: Vinyl, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Wooded, Near Shopping, Near Turnpike/Interstate
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel, Common

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Utilities: Utilities On
  • Water Source: Private

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 176853.6
  • Parcel #: 118mountainrdarundelmaine
  • Zoning: RES

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 24600.0
  • Annual Operating Expense: 99999.0

Tax Info

  • Tax Annual Amount: 3194.0
  • Tax Lot: 2c
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 30, 2021
Sold by
August Rlty Inc
Bought by
Hobbs Michelle T and Thomas Nathan F
Current Estimated Value
$614,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,150
Outstanding Balance
$44,354
Interest Rate
2.24%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$570,191

Purchase Details

Listed on
Jun 25, 2020
Closed on
Aug 26, 2020
Sold by
Seavey Catie A and Seavey Daniel T
Bought by
Valenti Alex and Daigle Danielle L
Seller's Agent
Marissa Hyland
Portside Real Estate Group
Buyer's Agent
Kaitlyn Mooers
Coldwell Banker Realty
List Price
$314,999
Sold Price
$335,000
Premium/Discount to List
$20,001
6.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.49%
Original Mortgage
$328,932
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 15, 2018
Closed on
Apr 27, 2018
Sold by
Robb Edwin D and Robb Malene N
Bought by
Seavey Daniel T and Seavey Catie A
Seller's Agent
Leo Bourgeault
Coldwell Banker Realty
Buyer's Agent
Jason Dube
Keller Williams Realty
List Price
$275,000
Sold Price
$266,500
Premium/Discount to List
-$8,500
-3.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.27%
Original Mortgage
$199,875
Interest Rate
4.44%
Mortgage Type
New Conventional
Source: Public Records
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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
Hobbs Michelle T -- None Available
Hobbs Michelle T -- None Available
Hobbs Michelle T -- None Available
Valenti Alex -- None Available
Valenti Alex -- None Available
Valenti Alex -- None Available
Seavey Daniel T -- --
Seavey Daniel T -- --
Seavey Daniel T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hobbs Michelle T $59,150
Closed Hobbs Michelle T $59,150
Previous Owner Valenti Alex $328,932
Previous Owner Seavey Daniel T $199,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/26/2020 08/26/20 Sold $335,000 +6.3% $156 / Sq Ft
06/29/2020 06/29/20 Pending -- -- --
06/25/2020 06/25/20 For Sale $314,999 +18.2% $146 / Sq Ft
04/25/2018 04/25/18 Sold $266,500 -3.1% $117 / Sq Ft View Prior Sale
03/19/2018 03/19/18 Pending -- -- --
03/15/2018 03/15/18 For Sale $275,000 -- $121 / 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 $3,618 $212,800 $50,400 $162,400
2023 $3,618 $212,800 $50,400 $162,400
2022 $3,596 $212,800 $50,400 $162,400
2021 $3,596 $212,800 $50,400 $162,400
2020 $3,291 $196,700 $50,400 $146,300
2019 $3,206 $196,700 $50,400 $146,300
2018 $3,131 $196,700 $50,400 $146,300
2017 $3,049 $196,700 $50,400 $146,300
2016 $2,974 $196,700 $50,400 $146,300
2015 $2,941 $196,700 $50,400 $146,300
2014 $2,852 $196,700 $50,400 $146,300
2013 $2,852 $196,700 $50,400 $146,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1457700

Maine Listings

APN: ARUN-000003-000000-000002C

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