Seller's Agent in 2024
Dolly Perkins
Realty of Maine
(207) 279-0571
402 Total Sales
12 1st St Derby, ME 04463
Estimated Value: $69,000 - $252,000
--
Bed
3
Baths
2,616
Sq Ft
$70/Sq Ft
Est. Value
Highlights
- Nearby Water Access
- Wood Flooring
- Corner Lot
- Scenic Views
- Farmhouse Style Home
- No HOA
About This Home
As of June 2024Welcome to our charming Victorian 3-unit apartment, a hidden gem nestled in a tranquil neighborhood. This exceptional property has been thoughtfully designed to cater to both short-term Airbnb stays and longer rentals, offering a versatile investment opportunity.
Step inside and be transported to a bygone era as you are greeted by the original details that grace many of the rooms. From ornate crown moldings to exquisite woodwork, this Victorian beauty exudes timeless elegance and a sense of history.
One of the standout features of this property is the stunning wrap-around porch, perfect for enjoying lazy afternoons or hosting gatherings with friends and family. Imagine sipping your morning coffee or relaxing with a book while taking in the picturesque views of the neighborhood.
Parking is a breeze with ample space available for residents and guests alike. No need to worry about searching for a spot - there's plenty of room to accommodate multiple vehicles comfortably.
For added convenience, a coin-operated laundry facility is available on-site, ensuring that tenants and Airbnb guests have easy access to laundry services. Whether it's a short-term stay or a long-term rental, this feature is sure to be appreciated by all.
The property has undergone recent upgrades, including replacement windows and professional insulation, providing enhanced energy efficiency and comfort. These modern improvements seamlessly blend with the original charm, offering the best of both worlds - the character of a Victorian home with the convenience of modern amenities.
Whether you're an investor seeking a lucrative income stream through Airbnb rentals or a discerning homeowner looking for a multi-unit property with potential rental income, this Victorian 3-unit apartment is an exceptional opportunity. Don't miss the chance to own a piece of history while enjoying the benefits of a well-maintained, versatile property.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,949
Year Built
- Built in 1905
Lot Details
- 0.33 Acre Lot
- Corner Lot
- Open Lot
Home Design
- Farmhouse Style Home
- Victorian Architecture
- Concrete Foundation
- Wood Frame Construction
- Slate Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 2,616 Sq Ft Home
- 1-Story Property
- Low Emissivity Windows
- Scenic Vista Views
- Washer and Dryer Hookup
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- In-Law or Guest Suite
- 3 Full Bathrooms
- Bathtub
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- Common or Shared Parking
- Gravel Driveway
- Shared Driveway
Outdoor Features
- Nearby Water Access
- Porch
Location
- City Lot
Utilities
- Air Conditioning
- Forced Air Heating System
- Heating System Uses Oil
- Heating System Uses Propane
- Heat Pump System
- Radiant Heating System
- Electric Water Heater
- Internet Available
Listing and Financial Details
- Tax Lot 75
- Assessor Parcel Number 12FirstStreetMilo04463
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- Operating Expense $30,000
- Gross Income $50,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 17, 2023
Closed on
Aug 6, 2024
Sold by
Goldstein Eric and Lee Tiffany
Bought by
12 First Street T and Delaware Llc Tr
Seller's Agent
Dolly Perkins
Realty of Maine
Buyer's Agent
Olanna Buck
Realty of Maine
List Price
$274,900
Sold Price
$225,000
Premium/Discount to List
-$49,900
-18.15%
Views
42
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
-$32,804
Avg. Annual Appreciation
-25.23%
Original Mortgage
$34,840
Interest Rate
6.86%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 17, 2023
Closed on
Jun 13, 2024
Sold by
Smith Barbara J and Smith Gilbert D
Bought by
Goldstein Eric and Lee Tiffany
Seller's Agent
Dolly Perkins
Realty of Maine
Buyer's Agent
Olanna Buck
Realty of Maine
List Price
$274,900
Sold Price
$225,000
Premium/Discount to List
-$49,900
-18.15%
Views
42
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,840
Interest Rate
6.86%
Mortgage Type
New Conventional
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 |
|---|---|---|---|
| 12 First Street T | -- | None Available | |
| Goldstein Eric | $225,000 | None Available | |
| Goldstein Eric | $225,000 | None Available | |
| Goldstein Eric | $225,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | 12 First Street T | $34,840 | |
| Previous Owner | Goldstein Eric | $168,750 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/14/2024 06/14/24 | Sold | $225,000 | -18.2% | $86 / Sq Ft |
| 04/17/2024 04/17/24 | Pending | -- | -- | -- |
| 07/17/2023 07/17/23 | For Sale | $274,900 | -- | $105 / 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 | $2,046 | $75,100 | $6,700 | $68,400 |
| 2023 | $1,795 | $75,100 | $6,700 | $68,400 |
| 2022 | $1,949 | $75,100 | $6,700 | $68,400 |
| 2021 | $1,934 | $75,100 | $6,700 | $68,400 |
| 2020 | $1,632 | $58,800 | $7,400 | $51,400 |
| 2019 | $1,623 | $55,960 | $7,000 | $48,960 |
| 2018 | $1,749 | $55,960 | $7,000 | $48,960 |
| 2017 | $1,749 | $55,960 | $7,000 | $48,960 |
| 2016 | $1,819 | $55,960 | $7,000 | $48,960 |
| 2015 | $1,606 | $55,960 | $7,000 | $48,960 |
| 2014 | $1,703 | $79,950 | $10,000 | $69,950 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2024
Olanna Buck
Realty of Maine
(207) 279-0501
91 Total Sales
Map
Source: Maine Listings
MLS Number: 1565606
APN: MILO-000020-000000-000075
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