Seller's Agent in 2022
Kevin Fletcher
Keller Williams Realty
(617) 462-9826
2 in this area
89 Total Sales
119 Main St Mexico, ME 04257
Estimated Value: $535,396
--
Bed
9
Baths
6,000
Sq Ft
$89/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Forced Air Heating System
- Level Lot
- No HOA
- Hot Water Heating System
About This Home
As of January 2022Great opportunity to purchase a brick 9 unit residential investment property. This property provides stable income with upside potential with current under market rents. The property has undergone many capital improvements to include new heating system and upgrades throughout and also offers rental income options from the garages on site. This is a tremendous opportunity to invest into a wonderful property.
*Square footage is an estimate, town records show no reported number for size of the building
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,996
Year Built
- Built in 1931
Lot Details
- 0.26 Acre Lot
- Level Lot
Parking
- Gravel Driveway
Home Design
- Brick Exterior Construction
- Membrane Roofing
- Masonry
Interior Spaces
- 9 Full Bathrooms
- 6,000 Sq Ft Home
- 3-Story Property
- Wood Flooring
Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Location
- City Lot
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Oil
- Hot Water Heating System
- Natural Gas Not Available
Listing and Financial Details
- Tax Lot 95
- Assessor Parcel Number MEXI-000020-000000-000095
Community Details
Overview
- No Home Owners Association
- 9 Units
Building Details
- Operating Expense $34,134
- Gross Income $79,476
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 25, 2021
Closed on
Jan 18, 2022
Sold by
Mak Realty Llc
Bought by
Mexico Properties Llc
Seller's Agent
Kevin Fletcher
Keller Williams Realty
Buyer's Agent
Nick Lucas
The Boulos Company
List Price
$450,000
Sold Price
$420,000
Premium/Discount to List
-$30,000
-6.67%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,396
Avg. Annual Appreciation
7.02%
Original Mortgage
$336,000
Outstanding Balance
$313,436
Interest Rate
3.11%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$221,960
Purchase Details
Closed on
May 14, 2019
Sold by
Honeymoon Housing Llc
Bought by
Mak Realty Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,114
Interest Rate
4%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 11, 2018
Sold by
Honeymoon Housing Llc
Bought by
Honeymoon Housing Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mexico Properties Llc | -- | None Available | |
| Mexico Properties Llc | -- | None Available | |
| Mak Realty Llc | -- | -- | |
| Mak Realty Llc | -- | -- | |
| Honeymoon Housing Llc | -- | -- | |
| Honeymoon Housing Llc | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mexico Properties Llc | $336,000 | |
| Closed | Mexico Properties Llc | $336,000 | |
| Previous Owner | Mak Realty Llc | $287,114 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/18/2022 01/18/22 | Sold | $420,000 | -6.7% | $70 / Sq Ft |
| 11/16/2021 11/16/21 | Pending | -- | -- | -- |
| 10/25/2021 10/25/21 | For Sale | $450,000 | -- | $75 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $4,504 | $155,300 | $16,400 | $138,900 |
| 2023 | $4,535 | $155,300 | $16,400 | $138,900 |
| 2022 | $4,535 | $155,300 | $16,400 | $138,900 |
| 2021 | $4,535 | $155,300 | $16,400 | $138,900 |
| 2014 | $3,996 | $153,700 | $14,800 | $138,900 |
| 2012 | $3,843 | $153,700 | $14,800 | $138,900 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2022
Nick Lucas
The Boulos Company
(207) 557-3513
1 in this area
22 Total Sales
Map
Source: Maine Listings
MLS Number: 1513071
APN: MEXI-000020-000000-000095
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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