NOT LISTED FOR SALE

124 Newell Rd Yarmouth, ME 04096

Estimated Value: $592,000 - $647,000

4 Beds
2 Baths
1,500 Sq Ft
$411/Sq Ft Est. Value

Last Sold July 26, 2022

Last sale price $565,500 $377 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,943/month

1 Day on Market

Highlights

  • Property is near public transit
  • Ranch Style House
  • Bathtub
  • William H. Rowe School Rated A-
  • No HOA
  • Shed

About This Home

As of July 2022

Exciting owner occupied opportunity or single family conversion in quaint neighborhood in Yarmouth on a beautiful lot! Duplex/Ranch style with 2 bedrooms 1 full Bath in each unit. Extensively renovated exterior includes new vinyl siding, windows, pressure treated porches, landscaping, patios and shed. Interior updates include newer Buderus furnace (2014), blown in insulation in attic, moisture barrier in crawlspace, and hot water heater/tank. Currently using one fuel tank for both units, but property has two separate zones. Earn income, or spread out in this single story home. The possibilities are endless in this sought after town with top rated school districts, shops, restaurants and excellent walkability! Home is currently being used as a single family.

Last Agent to Sell the Property

Nichole Cullen

Portside Real Estate Group Listed on: 06/23/2022

Last Buyer's Agent

Edith Fontai Maureen Zemrak

Locations Real Estate Group LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,491

Year Built

  • Built in 1958

Lot Details

  • 0.32 Acre Lot
  • Level Lot
  • Open Lot

Parking

  • Gravel Driveway

Home Design

  • 1,500 Sq Ft Home
  • Duplex
  • Ranch Style House
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Full Bathrooms
  • Bathtub

Basement

  • Exterior Basement Entry
  • Crawl Space

Location

  • Property is near public transit
  • Suburban Location

Utilities

  • No Cooling
  • Heating System Uses Kerosene
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available

Additional Features

  • Laundry on main level
  • Shed

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 041
  • Assessor Parcel Number YMTH-000046-000000-000041

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,491

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.32
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Route 115 ( Main St) to Newell Rd.
  • Above Grade Finished Sq Ft: 1500.0
  • Architectural Style: Duplex, Ranch
  • Garage Yn: No
  • Year Built: 1958
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.32
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1500.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Exterior:Vinyl Siding: Yes
  • Amenities:One-Floor Living: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Gas:No Gas: Yes
  • Location:Suburban: Yes
  • Style:Ranch: Yes
  • Property Information:Number of Units: 2
  • Amenities:Bathtub: Yes
  • Basement:Crawl Space: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Style:Duplex: Yes
  • Heat Fuel:K-1Kerosene: Yes
  • Driveway:Gravel: Yes
  • Location:Near Railroad: Yes
  • Basement Entry:Exterior Only: Yes
  • Other Structures:Shed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Crawl Space, Exterior Only
  • Full Bathrooms: 2
  • Flooring: Vinyl, Carpet
  • Interior Amenities: 1st Floor Bedroom, Bathtub, One-Floor Living

Exterior Features

  • Lot Features: Level, Open Lot, Near Shopping, Near Town, Neighborhood, Suburban, Near Railroad
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed(s)
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Gravel

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, 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: 13939.2
  • Parcel #: YMTH-000046-000000-000041
  • Zoning: RES

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 5491.0
  • Tax Book Number: 37738
  • Tax Lot: 041
  • Tax Map Number: 046
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2022
Closed on
Jul 26, 2022
Sold by
Bowie Daniel J and Bowie Heather M
Bought by
Dagostino Kristine and Dagostino William
Seller's Agent
Nichole Cullen
Portside Real Estate Group
Buyer's Agent
Edith Fontai Maureen Zemrak
Locations Real Estate Group LLC
List Price
$499,000
Sold Price
$565,500
Premium/Discount to List
$66,500
13.33%
Current Estimated Value
$616,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,521
Avg. Annual Appreciation
3.41%
Original Mortgage
$446,250
Outstanding Balance
$431,869
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$195,487

Purchase Details

Closed on
Jan 20, 2021
Sold by
Gamage Heather
Bought by
Bowie Heather M and Bowie Daniel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,000
Interest Rate
2.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 21, 2009
Sold by
Young Susan
Bought by
Gamage Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,759
Interest Rate
4.93%
Mortgage Type
FHA
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
Dagostino Kristine $565,500 None Available
Bowie Heather M -- None Available
Gamage Heather -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dagostino Kristine $446,250
Previous Owner Bowie Heather M $217,000
Previous Owner Gamage Heather $15,000
Previous Owner Gamage Heather $202,759
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2022 07/26/22 Sold $565,500 +13.3% $377 / Sq Ft
06/25/2022 06/25/22 Pending -- -- --
06/23/2022 06/23/22 For Sale $499,000 -- $333 / 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 $7,118 $277,300 $129,700 $147,600
2023 $6,528 $277,300 $129,700 $147,600
2022 $5,995 $277,300 $129,700 $147,600
2021 $5,491 $277,300 $129,700 $147,600
2020 $5,435 $277,300 $129,700 $147,600
2019 $5,230 $277,300 $129,700 $147,600
2018 $4,936 $277,300 $129,700 $147,600
2017 $4,758 $277,300 $129,700 $147,600
2016 $4,731 $277,300 $129,700 $147,600
2015 $3,575 $165,800 $84,500 $81,300
2014 $3,581 $165,800 $84,500 $81,300
2013 $3,648 $165,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1533695

Maine Listings

APN: YMTH-000046-000000-000041