Seller's Agent in 2024
Liz Marcella
Chalmers Realty
(207) 632-7465
78 in this area
145 Total Sales
119 N Bridgton Rd Bridgton, ME 04009
--
Bed
3
Baths
2,400
Sq Ft
1.18
Acres
Highlights
- Nearby Water Access
- View of Trees or Woods
- Wooded Lot
- Country Club
- Deck
- Wood Flooring
About This Home
As of October 2024FABULOUS INVESTMENT OPPORTUNITY! Own three rental units that can fully cover your mortgage with a 100% profit, or live in one unit and have the mortgage paid for you! This charming and well-maintained historic 3-unit, 2-story home is located in the village of North Bridgton. The home is proud to have maintained the original double entrance door of an 1880's schoolhouse. The first floor features a spacious 3-bedroom, 1-bath unit, while the second floor offers two additional units: one with 2 bedrooms and the other with 1 bedroom, each equipped with a full bath. The property includes oil and propane heating, wood floors, a full basement for storage, an attic, and a large deck for each unit. Ample parking is available, and each unit has separate utility meters. The home boasts a metal roof, vinyl siding, and a yard filled with fruit bushes, offering plenty of outdoor space, and is serviced by town water. Originally built as a schoolhouse in the 1890s, this pet-friendly building is conveniently located within walking distance to the quaint North Bridgton Post Office and Bridgton Academy, where you can enjoy watching sporting events. Bridgton is a vibrant community with abundant amenities, including lakes, restaurants, golf, Hannaford, a hospital, Pleasant Mountain for downhill skiing or hiking, art galleries, Reny's, and more. Come live and play in Bridgton where you can experience year-round recreation and a lovely place to live.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,107
Year Built
- Built in 1890
Lot Details
- 1.18 Acre Lot
- Rural Setting
- Lot Has A Rolling Slope
- Wooded Lot
Home Design
- Victorian Architecture
- Brick Exterior Construction
- Brick Foundation
- Slab Foundation
- Wood Frame Construction
- Metal Roof
- Vinyl Siding
Interior Spaces
- 2,400 Sq Ft Home
- 2-Story Property
- Views of Woods
- Laundry on main level
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- Main Floor Bedroom
- 3 Full Bathrooms
- Bathtub
- Shower Only
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Brick Basement
- Interior Basement Entry
Parking
- Gravel Driveway
- Paved Parking
Outdoor Features
- Nearby Water Access
- Deck
Location
- Property is near a golf course
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Gas
- Heating System Uses Oil
- Heating System Mounted To A Wall or Window
- Electric Water Heater
- Septic System
- Septic Design Available
- Internet Available
Listing and Financial Details
- Tax Lot 14
- Assessor Parcel Number 119n.bridgtonroadbridgton04009
Community Details
Overview
- No Home Owners Association
- 3 Units
Amenities
- Community Storage Space
Recreation
- Country Club
Building Details
- Operating Expense $5,152
- Gross Income $29,580
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 14, 2024
Closed on
Oct 1, 2024
Sold by
Dyer Kimberly A
Bought by
Roach Jeannie M and Roach Thomas
Seller's Agent
Liz Marcella
Chalmers Realty
Buyer's Agent
Priscilla Tietjen
Portside Real Estate Group
List Price
$425,000
Sold Price
$392,000
Premium/Discount to List
-$33,000
-7.76%
Views
7
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
$2,469
Avg. Annual Appreciation
-1.75%
Original Mortgage
$294,375
Outstanding Balance
$292,744
Interest Rate
6.46%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$93,427
Purchase Details
Closed on
May 1, 2018
Sold by
Dyer Scott L
Bought by
Dyer Kimberly A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,866
Interest Rate
4.44%
Mortgage Type
FHA
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $392,500 | None Available | |
| Warranty Deed | $392,500 | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $294,375 | Purchase Money Mortgage | |
| Closed | $294,375 | Purchase Money Mortgage | |
| Previous Owner | $96,866 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/04/2024 10/04/24 | Sold | $392,000 | -7.8% | $163 / Sq Ft |
| 08/29/2024 08/29/24 | Pending | -- | -- | -- |
| 08/14/2024 08/14/24 | For Sale | $425,000 | -- | $177 / 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 | $2,367 | $138,837 | $36,360 | $102,477 |
| 2023 | $2,388 | $138,837 | $36,360 | $102,477 |
| 2022 | $2,110 | $138,837 | $36,360 | $102,477 |
| 2021 | $2,055 | $138,837 | $36,360 | $102,477 |
| 2020 | $2,953 | $138,837 | $36,360 | $102,477 |
| 2019 | $2,338 | $138,837 | $36,360 | $102,477 |
| 2018 | $568 | $138,837 | $36,360 | $102,477 |
| 2017 | $2,124 | $138,837 | $36,360 | $102,477 |
| 2016 | $2,062 | $138,837 | $36,360 | $102,477 |
| 2015 | $1,782 | $129,603 | $44,900 | $84,703 |
| 2014 | $1,822 | $129,603 | $44,900 | $84,703 |
Source: Public Records
Agents Affiliated with this Home
-
-
P
Buyer's Agent in 2024
Priscilla Tietjen
Portside Real Estate Group
(207) 576-0726
1 in this area
29 Total Sales
Map
Source: Maine Listings
MLS Number: 1600325
APN: BRGT-000040-000000-000014
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