$140,000
SOLD AUG 22, 2024

118 Nichols St Pittsfield, ME 04967

-- Bed
2 Baths
1,865 Sq Ft
0.25 Acres

Recently Sold

$75 Per Sq Ft

7% Below List Price

112 Days on Market

Highlights

  • Nearby Water Access
  • Main Floor Bedroom
  • Porch
  • New Englander Architecture
  • No HOA
  • Bathtub

About This Home

As of August 2024

Great opportunity to live in a wonderful Pittsfield neighborhood. This 2 unit is close to several parks, Town pool, the library, schools and all in walking distance. This is an ideal chance to have a tenant pay towards your mortgage. Or perhaps you are looking to live with extended family?
Major updates have been done in the past few years. Wiring is updated, spray foam insulation, heat pumps, Vinyl replacement windows and vinyl siding.
2 bedrooms/1 bath upstairs and 1 bed/1 bath downstairs. Call today!

Last Agent to Sell the Property

Melissa Bartlett

Better Homes & Gardens Real Estate/The Masiello Group Brokerage Email: melissabartlett@masiello.com Listed on: 02/13/2024

Better Homes & Gardens Real Estate/The Masiello Group

Co-Listed By

Samantha Bartlett

Better Homes & Gardens Real Estate/The Masiello Group Brokerage Email: melissabartlett@masiello.com

Last Buyer's Agent

Patty Thompson

Maine Choice Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,091

Year Built

  • Built in 1900

Lot Details

  • 0.25 Acre Lot
  • Level Lot
  • Open Lot

Home Design

  • 1,865 Sq Ft Home
  • New Englander Architecture
  • Victorian Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 2 Full Bathrooms
  • Bathtub

Basement

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

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Outdoor Features

  • Nearby Water Access
  • Porch

Utilities

  • Cooling Available
  • Heating System Uses Oil
  • Heat Pump System
  • Hot Water Heating System
  • Natural Gas Not Available

Additional Features

  • Laundry on main level
  • City Lot

Listing and Financial Details

  • Tax Lot 144
  • Assessor Parcel Number PITD-000025-000000-000144

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $9,260
  • Gross Income $15,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,091

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.25
  • Co List Office Mls Id: 1126
  • Co List Office Phone: 207-942-6711
  • MLS Status: Closed
  • Directions: GPS Friendly
  • Above Grade Finished Sq Ft: 1865.0
  • Architectural Style: New Englander, Victorian
  • Garage Yn: No
  • Year Built: 1900
  • Attribution Contact: melissabartlett@masiello.com
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.25
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1865.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Cooling:Heat Pump3: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Income Expenses Gross Income: 15200.0
  • Income Expenses Operating Expenses: 9260.0
  • Parking:On Site2: Yes
  • Amenities:Bathtub: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Foundation Materials:Granite2: Yes
  • Style:New Englander: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Interior Entry
  • Full Bathrooms: 2
  • Flooring: Vinyl, Carpet
  • Interior Amenities: 1st Floor Bedroom, Bathtub
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Intown
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Granite
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved, On Site

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: RSU 53/MSAD 53

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10890.0
  • Parcel #: PITD-000025-000000-000144
  • Zoning: Res

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 15200.0
  • Annual Operating Expense: 9260.0

Tax Info

  • Tax Annual Amount: 2091.0
  • Tax Book Number: 5707
  • Tax Lot: 144
  • Tax Map Number: 025
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2024
Closed on
Aug 21, 2024
Sold by
Atlas Rentals Llc
Bought by
Thibodeau Matthew
Seller's Agent
Melissa Bartlett
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Patty Thompson
Maine Choice Realty
List Price
$149,900
Sold Price
$140,000
Premium/Discount to List
-$9,900
-6.6%
Total Days on Market
112
Views
77
Current Estimated Value
$158,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,343
Avg. Annual Appreciation
17.62%
Original Mortgage
$104,250
Outstanding Balance
$103,628
Interest Rate
6.89%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$60,238

Purchase Details

Listed on
Jan 30, 2021
Closed on
May 5, 2021
Sold by
Ward Charles R and Ward Arlene E
Bought by
Atlas Rentals Llc
Seller's Agent
Cynthia Harding
William Raveis Real Estate
Buyer's Agent
Melissa Bartlett
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$129,000
Sold Price
$113,000
Premium/Discount to List
-$16,000
-12.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.71%
Original Mortgage
$90,400
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $140,000 None Available
Warranty Deed $140,000 None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $104,250 Purchase Money Mortgage
Closed $104,250 Purchase Money Mortgage
Previous Owner $90,400 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2024 08/22/24 Sold $140,000 -6.6% $75 / Sq Ft
06/05/2024 06/05/24 Pending -- -- --
02/13/2024 02/13/24 For Sale $149,900 +32.7% $80 / Sq Ft
05/05/2021 05/05/21 Sold $113,000 -12.4% $61 / Sq Ft
03/22/2021 03/22/21 Pending -- -- --
01/30/2021 01/30/21 For Sale $129,000 -- $69 / 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 $2,227 $105,800 $21,000 $84,800
2023 $2,121 $85,700 $16,500 $69,200
2022 $2,091 $85,700 $16,500 $69,200
2021 $2,153 $93,200 $16,500 $76,700
2020 $2,181 $93,200 $16,500 $76,700
2019 $2,046 $93,200 $16,500 $76,700
2018 $1,957 $93,200 $16,500 $76,700
2017 $1,929 $93,200 $16,500 $76,700
2016 $1,883 $93,200 $16,500 $76,700
2015 $1,799 $93,200 $16,500 $76,700
2014 $1,780 $93,200 $16,500 $76,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1582143

Maine Listings

APN: PITD-000025-000000-000144