$103,000
SOLD MAR 14, 2021

122 Spring St Dexter, ME 04930

-- Bed
4 Baths
2,824 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$36 Per Sq Ft

10% Below List Price

266 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Carpet
  • Corner Lot
  • Hot Water Heating System

About This Home

As of May 2023

Well kept 4 unit with and very good rental history, long time tenants, 3 off the tenants over 12 years, one unit is empty and can be viewed immediately

Last Agent to Sell the Property

Mike Merrow

Berkshire Hathaway HomeServices Northeast Real Estate Listed on: 12/23/2020

Berkshire Hathaway HomeServices Northeast Real Estate

Last Buyer's Agent

Michael Merrow

Trundy & Company Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,279

Year Built

  • Built in 1900

Lot Details

  • 6,098 Sq Ft Lot
  • Corner Lot

Home Design

  • 2,824 Sq Ft Home
  • Colonial Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Flooring

  • Carpet
  • Vinyl

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • Gravel Driveway
  • Off-Street Parking

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Hot Water Heating System
  • Natural Gas Not Available
  • Electric Water Heater

Additional Features

  • 4 Full Bathrooms
  • City Lot

Listing and Financial Details

  • Tax Lot 57
  • Assessor Parcel Number DEXT-000012-000000-000057

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $1
  • Gross Income $1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,279

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.14
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Coming into Dexter property will be on your right
  • Above Grade Finished Sq Ft: 2824.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.14
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 2824.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 4
  • Income Expenses Gross Income: 1.0
  • Income Expenses Operating Expenses: 1.0
  • Style:Colonial: Yes
  • Driveway:Gravel: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Interior Entry
  • Full Bathrooms: 4
  • Flooring: Vinyl, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Corner Lot, Intown, Near Shopping
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water
  • 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: 6098.4
  • Parcel #: DEXT-000012-000000-000057
  • Zoning: res

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 1.0
  • Annual Operating Expense: 1.0

Tax Info

  • Tax Annual Amount: 2279.0
  • Tax Book Number: 10387
  • Tax Lot: 57
  • Tax Map Number: 12
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2023
Closed on
May 17, 2023
Sold by
Serenity Homes Llc
Bought by
Gen3 Properties Llc
Seller's Agent
Mike Merrow
Berkshire Hathaway HomeServices Northeast Real Estate
Buyer's Agent
Trish Arcaro
Realty of Maine
List Price
$189,900
Sold Price
$185,000
Premium/Discount to List
-$4,900
-2.58%
Current Estimated Value
$244,315

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,315
Avg. Annual Appreciation
6.41%
Original Mortgage
$148,000
Outstanding Balance
$144,597
Interest Rate
6.28%
Mortgage Type
Commercial
Estimated Equity
$69,628

Purchase Details

Listed on
Dec 23, 2020
Closed on
Mar 9, 2021
Sold by
Equity T Co
Bought by
Serenity Homes Llc
Seller's Agent
Mike Merrow
Berkshire Hathaway HomeServices Northeast Real Estate
Buyer's Agent
Michael Merrow
Trundy & Company Real Estate
List Price
$115,000
Sold Price
$103,000
Premium/Discount to List
-$12,000
-10.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.82%
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $185,000 None Available
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $148,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2023 05/18/23 Sold $185,000 -2.6% $66 / Sq Ft
04/18/2023 04/18/23 Pending -- -- --
04/02/2023 04/02/23 For Sale $189,900 +84.4% $67 / Sq Ft
03/14/2021 03/14/21 Sold $103,000 -10.4% $36 / Sq Ft
01/26/2021 01/26/21 Pending -- -- --
05/04/2020 05/04/20 For Sale $115,000 -- $41 / 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 $2,295 $117,100 $8,700 $108,400
2023 $2,307 $117,100 $8,700 $108,400
2022 $2,326 $116,300 $7,900 $108,400
2021 $2,279 $116,300 $7,900 $108,400
2020 $2,279 $116,300 $7,900 $108,400
2019 $2,279 $116,300 $7,900 $108,400
2018 $3,619 $116,300 $7,900 $108,400
2017 $2,784 $116,300 $7,900 $108,400
2016 $2,163 $116,300 $7,900 $108,400
2015 $2,163 $116,300 $7,900 $108,400
2014 $2,059 $116,300 $7,900 $108,400
Source: Public Records

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Map

Source: Maine Listings

MLS Number: 1451057

Maine Listings

APN: DEXT-000012-000000-000057