NOT LISTED FOR SALE

118 Mountain Rd Arundel, ME 04046

Estimated Value: $436,903 - $792,000

5 Beds
2.5 Baths
2,152 Sq Ft
$274/Sq Ft Est. Value

Sale Details

Date Sold: August 26, 2020

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

Est. 76% increase in value since last sale

Current estimated payment $3,476 / mo

3 Days on Market

Highlights

  • 4.06 Acre Lot
  • Wooded Lot
  • Property is near shops
  • Kennebunk High School Rated 9+
  • No HOA
  • Carpet

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

  • Property fronts a freeway
  • Wooded Lot

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

  • Property is near shops

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 30, 2021
Sold by
Bought by
Current Estimated Value
$589,226

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
$42,826
Interest Rate
2.24%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$546,400

Purchase Details

Listed on
Jun 25, 2020
Closed on
Aug 26, 2020
Sold by
Bought by
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
10.12%
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
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
-- None Available
-- None Available
-- None Available
-- None Available
-- None Available
-- --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $59,150
Closed $59,150
Previous Owner $328,932
Previous Owner $199,875
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $3,739 $456,000 $180,400 $275,600
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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