NOT LISTED FOR SALE

1244 State St Veazie, ME 04401

Estimated Value: $570,526 - $592,000

-- Bed
6 Baths
3,534 Sq Ft
$164/Sq Ft Est. Value

Last Sold August 23, 2021

Last sale price $425,000 $120 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $3,651/month

3 Days on Market

Highlights

  • Colonial Architecture
  • Wooded Lot
  • Zoned Heating
  • Veazie Community School Rated A+
  • No HOA
  • Landscaped

About This Home

As of August 2021

Well kept six unit with long term tenants and many updates. Natural gas and electric heat. All windows replaced over the last 5 years and the roof is under 10 years old. Plenty of parking.

Last Agent to Sell the Property

Renee Bacon

NextHome Experience Listed on: 07/06/2021

NextHome Experience

Last Buyer's Agent

Renee Bacon

NextHome Experience Listed on: 07/06/2021

NextHome Experience

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,833

Year Built

  • Built in 1900

Lot Details

  • 0.36 Acre Lot
  • Landscaped
  • Level Lot
  • Open Lot
  • Wooded Lot

Parking

  • Gravel Driveway

Home Design

  • 3,534 Sq Ft Home
  • Colonial Architecture
  • Concrete Foundation
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Crawl Space

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number VEAZ-000003-000000-000006

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Building Details

  • Operating Expense $11,825
  • Gross Income $49,606

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,833

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.36
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Property is approximately half a mile beyond the Mount Hope Avenue/State Street intersection - GPS friendly
  • Above Grade Finished Sq Ft: 3534.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.36
  • Property Information:Total Baths: 6.0
  • Property Information:SqFt Finished Above Grade: 3534.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Gas:Natural - On Site: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 6
  • Heat System:Multi-Zones: Yes
  • Income Expenses Gross Income: 49606.0
  • Income Expenses Operating Expenses: 11825.0
  • Foundation Materials:Block3: Yes
  • Style:Colonial: Yes
  • Basement:Crawl Space: Yes
  • Property Information:Short Sale Continue to Show: No
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Site:RollingSloping: Yes
  • Property Information:Bank Owned REO: No
  • Basement Entry:Exterior Only: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Crawl Space, Full, Interior Entry, Exterior Only, Unfinished
  • Full Bathrooms: 6
  • Flooring: Vinyl, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Rolling Slope, Sidewalks, Landscaped, Wooded, Near Town
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Block, Concrete Perimeter
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 11 - 20 Spaces, Gravel

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, 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: 15681.6
  • Parcel #: VEAZ-000003-000000-000006
  • Zoning: Residential

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 49606.0
  • Annual Operating Expense: 11825.0

Tax Info

  • Tax Annual Amount: 3833.0
  • Tax Book Number: 14119
  • Tax Lot: 6
  • Tax Map Number: 3
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 11, 2013
Sold by
Graves Louis J
Bought by
Graves Louis J and Graves Debra J
Current Estimated Value
$575,778
Source: Public Records

Range of Values:

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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
Graves Louis J -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2021 08/23/21 Sold $425,000 -8.6% $120 / Sq Ft
07/10/2021 07/10/21 Pending -- -- --
07/06/2021 07/06/21 For Sale $465,000 -- $132 / 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 $5,973 $373,300 $28,500 $344,800
2023 $5,497 $338,300 $26,300 $312,000
2022 $4,027 $232,100 $26,300 $205,800
2021 $3,933 $217,300 $25,500 $191,800
2020 $3,371 $208,900 $25,500 $183,400
2019 $519 $196,100 $25,500 $170,600
2018 $1,520 $187,600 $25,500 $162,100
2017 $4,266 $187,700 $25,500 $162,200
2016 $1,299 $183,700 $25,000 $158,700
2015 $3,380 $183,700 $25,000 $158,700
2014 $3,261 $183,700 $25,000 $158,700
2012 $2,901 $141,500 $28,400 $113,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1499416

Maine Listings

APN: VEAZ-000003-000000-000006