NOT LISTED FOR SALE

12 Morrison St Mapleton, ME 04757

Estimated Value: $96,399 - $121,000

-- Bed
2 Baths
1,572 Sq Ft
$69/Sq Ft Est. Value

Last Sold March 15, 2021

Last sale price $67,500 $43 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $686/month

195 Days on Market

Highlights

  • No HOA
  • Level Lot
  • Carpet
  • Forced Air Heating System

About This Home

As of March 2021

INVESTMENT PROPERTY! Large two unit building with a full basement for storage. Laundry for your tenants as well as ample parking. Located in a quiet neighborhood with tenants already occupying the spaces. low taxes and great community. Lots of improvements including new windows, rugs and new bathrooms.

Last Agent to Sell the Property

Emily Holder

RE/MAX County Listed on: 06/23/2020

Last Buyer's Agent

Emily Holder

RE/MAX County Listed on: 06/23/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,027

Year Built

  • Built in 1960

Lot Details

  • 0.86 Acre Lot
  • Level Lot
  • Open Lot

Parking

  • Gravel Driveway

Home Design

  • 1,572 Sq Ft Home
  • Duplex
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding

Flooring

  • Carpet
  • Laminate

Basement

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Natural Gas Not Available
  • Private Water Source
  • Oil Water Heater

Additional Features

  • 2 Full Bathrooms
  • Laundry on main level
  • City Lot

Listing and Financial Details

  • Tax Lot 012
  • Assessor Parcel Number MAPL-000012-000000-000022

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $7,207
  • Gross Income $14,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,027

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.86
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1572.0
  • Architectural Style: Duplex
  • Garage Yn: No
  • Year Built: 1960
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.86
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1572.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Roof:Metal: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Income Expenses Gross Income: 14000.0
  • Income Expenses Operating Expenses: 7207.0
  • Amenities:Laundry - 1st Floor: Yes
  • Style:Duplex: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Water Heater:Oil2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Walk-Out Access, Full, Interior Entry
  • Full Bathrooms: 2
  • Flooring: Laminate, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Intown, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Gravel

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Private

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 37461.6
  • Parcel #: MAPL-000012-000000-000022
  • Zoning: residential

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 14000.0
  • Annual Operating Expense: 7207.0

Tax Info

  • Tax Annual Amount: 1027.0
  • Tax Book Number: 3142
  • Tax Lot: 012
  • Tax Map Number: 12
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2020
Closed on
Mar 15, 2021
Sold by
Kenney Preston L and Kenney Rhonda R
Bought by
Draper Keith C
Seller's Agent
Emily Holder
RE/MAX County
Buyer's Agent
Emily Holder
RE/MAX County
List Price
$74,000
Sold Price
$67,500
Premium/Discount to List
-$6,500
-8.78%
Current Estimated Value
$108,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,200
Avg. Annual Appreciation
10.85%
Original Mortgage
$54,000
Outstanding Balance
$49,300
Interest Rate
2.73%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$56,249
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
Draper Keith C -- None Available
Draper Keith C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Draper Keith C $54,000
Closed Draper Keith D $54,000
Previous Owner Kenney Preston L $30,128
Previous Owner Kenney Preston L $40,373
Previous Owner Kenney Preston L $35,298
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2021 03/15/21 Sold $67,500 -8.8% $43 / Sq Ft
01/05/2021 01/05/21 Pending -- -- --
06/23/2020 06/23/20 For Sale $74,000 -- $47 / 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 $1,033 $82,300 $24,200 $58,100
2023 $1,057 $74,200 $24,200 $50,000
2022 $1,019 $63,100 $17,700 $45,400
2021 $1,019 $63,100 $17,700 $45,400
2020 $1,041 $63,100 $17,700 $45,400
2019 $1,027 $64,200 $17,700 $46,500
2018 $1,033 $65,400 $17,700 $47,700
2017 $1,027 $66,500 $17,700 $48,800
2016 $1,044 $66,500 $17,700 $48,800
2015 $1,002 $67,700 $17,700 $50,000
2014 $1,025 $68,800 $17,700 $51,100
2013 $1,014 $69,900 $17,700 $52,200
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2021

    Emily Holder

    RE/MAX

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Map

Source: Maine Listings

MLS Number: 1457469

Maine Listings

APN: MAPL-000012-000000-000022

Maine Aroostook County Mapleton 04757

12 Morrison St, Mapleton, ME

This home is located at 12 Morrison St, Mapleton, ME 04757 since 23 June 2020 and is currently estimated at $108,700, approximately $69 per square foot. This property was built in 1960. 12 Morrison St is a home located in Aroostook County with nearby schools including Presque Isle Middle School and Presque Isle High School.

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