NOT LISTED FOR SALE

12 Grant St Farmingdale, ME 04344

Estimated Value: $404,000 - $435,796

-- Bed
5 Baths
3,214 Sq Ft
$131/Sq Ft Est. Value

Last Sold September 17, 2021

Last sale price $350,000 $109 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,919/month

5 Days on Market

Highlights

  • View of Trees or Woods
  • Wooded Lot
  • Main Floor Bedroom
  • 1.47 Acre Lot
  • Wood Flooring
  • Attic

About This Home

As of September 2021

Check out this 4-unit in the heart of Farmingdale! Located off Maine Ave between Hallowell and Gardiner on a dead end street. Spacious apartments! 2 out of 4 units have had more modern updates. The two smaller apartments are very nice and all 4 units are extremely rentable. Attached 4 bay garage... one for each apartment! (3 bays have concrete floors 4th has a wood floor). The attached garage has a planting shed and end porch. The lot is lovely with seating area and fire pit. The lot also has a bonus feature: detached 3 bay garage with it's own easement. The seller wanted to split the lot and sell to an abutter but needs a variance to do so. Surveyor says there might be a good case for it but will take several months to try. Newer boiler, windows and many more upgrades. This would make a great owner occupied multi-family. A must see!

Last Agent to Sell the Property

Karen Kearney

Your Home Sold Guaranteed Realty Listed on: 06/11/2021

Last Buyer's Agent

Kim Gleason

McAllister Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,441

Year Built

  • Built in 1850

Lot Details

  • 1.47 Acre Lot
  • Street terminates at a dead end
  • Landscaped
  • Lot Has A Rolling Slope
  • Wooded Lot

Parking

  • 7 Car Garage
  • Driveway

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 3,214 Sq Ft Home
  • 2-Story Property
  • Views of Woods
  • Attic

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 5 Full Bathrooms
  • Bathtub

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Location

  • City Lot

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Gas
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Hot Water Heating System
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 042
  • Assessor Parcel Number FARE-000024-000000-000042

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Coin Laundry

Building Details

  • Operating Expense $15,018
  • Gross Income $44,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,441

Year Built

Built in 1850

Lot Details

0

Parking

7

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 1.47
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From Maine Avenue, turn onto Grant Street opposite Farmingdale Town Office. Home is on the left. Sign on the property.
  • Above Grade Finished Sq Ft: 3214.0
  • Architectural Style: Multi-Level, Other Style
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1850
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.47
  • Property Information:Total Baths: 5.0
  • Property Information:SqFt Finished Above Grade: 3214.0
  • Property Information:Garage: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Property Information:Garage Spaces: 7.0
  • Amenities:Laundry - Hookup: Yes
  • Amenities:One-Floor Living: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Property Information:Number of Units: 4
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 44000.0
  • Income Expenses Operating Expenses: 15018.0
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Parking:Paved3: Yes
  • Gas:Natural - At Street: Yes
  • Amenities:Attic: Yes
  • Property Information:Short Sale Continue to Show: No
  • Roads:Dead End: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Equipment:Internet Access Available: Yes
  • Site:RollingSloping: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Equipment:Cable: Yes
  • Heat System:Direct Vent Heater: Yes
  • Amenities:Laundry - Coin: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Bulkhead, Walk-Out Access, Full, Interior Entry, Unfinished
  • Full Bathrooms: 5
  • Fireplace: No
  • Flooring: Wood, Vinyl
  • Interior Amenities: 1st Floor Primary Bedroom w/Bath, Attic, Bathtub, One-Floor Living
  • Full Basement: Yes
  • Amenities 1st Floor Primary BR wBath: Yes

Exterior Features

  • Lot Features: Rolling Slope, Landscaped, Wooded, Intown, Near Shopping
  • View: Trees/Woods
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 7.0
  • Parking Features: 5 - 10 Spaces, Paved, On Site, Detached

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level, Washer Hookup, Laundry - Coin
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Direct Vent Heater, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 64033.2
  • Parcel #: FARE-000024-000000-000042
  • Zoning: residential

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 44000.0
  • Annual Operating Expense: 15018.0

Tax Info

  • Tax Annual Amount: 3441.0
  • Tax Book Number: 8027
  • Tax Lot: 042
  • Tax Map Number: 24
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2021
Closed on
Sep 17, 2021
Sold by
Vachon Laura D and Vachon Marc A
Bought by
P Lane Llc
Seller's Agent
Karen Kearney
Your Home Sold Guaranteed Realty
Buyer's Agent
Kim Gleason
McAllister Real Estate
List Price
$349,900
Sold Price
$350,000
Premium/Discount to List
$100
0.03%
Current Estimated Value
$456,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,017
Avg. Annual Appreciation
4.74%
Original Mortgage
$315,000
Outstanding Balance
$288,719
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$130,730
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
P Lane Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open P Lane Llc $315,000
Previous Owner Vachon Marc A $53,000
Previous Owner Woods-Vachon Laura D $139,850
Previous Owner Vachon Marc A $14,000
Previous Owner Vachon Marc A $145,000
Previous Owner Vachon Laura $100,000
Previous Owner Vachon Marc A $148,000
Previous Owner Woods-Vachon Laura D $157,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2021 09/17/21 Sold $350,000 0.0% $109 / Sq Ft
06/17/2021 06/17/21 Pending -- -- --
06/11/2021 06/11/21 For Sale $349,900 -- $109 / 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 $5,062 $210,900 $24,700 $186,200
2023 $4,384 $196,600 $24,700 $171,900
2022 $4,030 $196,600 $24,700 $171,900
2021 $3,421 $196,600 $24,700 $171,900
2020 $3,441 $196,600 $24,700 $171,900
2019 $3,372 $196,600 $24,700 $171,900
2018 $3,423 $210,000 $24,700 $185,300
2017 $3,371 $210,000 $24,700 $185,300
2016 $3,224 $210,000 $24,700 $185,300
2015 $2,993 $210,000 $24,700 $185,300
2014 $2,940 $210,000 $24,700 $185,300
2013 $2,772 $210,000 $24,700 $185,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1495804

Maine Listings

APN: FARE-000024-000000-000042