NOT LISTED FOR SALE

125 Main St Mexico, ME 04257

Estimated Value: $273,584 - $300,000

Studio
6 Baths
5,971 Sq Ft
$48/Sq Ft Est. Value

Sale Details

Date Sold: December 2, 2024

Last sale price $275,000 $46 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,805 / mo

42 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Baseboard Heating

About This Home

As of December 2024

SELLER CONCESSIONS AVAILABLE! With two commercial units and four apartments, you won't want to miss this opportunity! Centrally located, this building boasts amazing accessibility, visibility, convenience, and equity avenues. Bring your vision today!

Last Agent to Sell the Property

Tyler Stewart

Elevate Maine Realty Listed on: 08/07/2024

Last Buyer's Agent

Kimberly Myers

Cottage & Co Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,443

Year Built

  • Built in 1900

Lot Details

  • 7,841 Sq Ft Lot

Home Design

  • Metal Roof

Interior Spaces

  • 6 Full Bathrooms
  • 5,971 Sq Ft Home
  • Multi-Level Property
  • Interior Basement Entry

Flooring

  • Wood
  • Tile
  • Vinyl

Utilities

  • No Cooling
  • Baseboard Heating

Listing and Financial Details

  • Tax Lot 96
  • Assessor Parcel Number MEXI-000020-000000-000096

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Building Details

  • Operating Expense $33,956
  • Gross Income $76,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,443

Year Built

Built in 1900

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.18
  • MLS Status: Closed
  • Directions: GPS Friendly
  • Above Grade Finished Sq Ft: 5971.0
  • Architectural Style: Other
  • Garage Yn: No
  • Unit Levels: Multi-Level
  • Year Built: 1900
  • Contract Information:List PriceSqFt: 46.06
  • Property Information:Seasonal: No
  • Water Info:Water View2: No
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Interior Entry
  • Full Bathrooms: 6
  • Flooring: Tile, Vinyl, Wood

Exterior Features

  • Waterfront: No
  • Roof: Metal

Garage/Parking

  • Attached Garage: No

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: 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: 7840.8
  • Parcel #: MEXI-000020-000000-000096
  • Zoning: DC

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 76800.0
  • Annual Operating Expense: 33955.52

Tax Info

  • Tax Annual Amount: 3443.0
  • Tax Lot: 96

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2024
Closed on
Nov 26, 2024
Sold by
Andrews Management Llc
Bought by
125 Main St Llc
Seller's Agent
Tyler Stewart
Elevate Maine Realty
Buyer's Agent
Kimberly Myers
Cottage & Co Real Estate
List Price
$275,000
Sold Price
$275,000
Views
19
Current Estimated Value
$286,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,792
Avg. Annual Appreciation
3.00%
Original Mortgage
$192,500
Outstanding Balance
$190,881
Interest Rate
6.44%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$95,911

Purchase Details

Closed on
Nov 17, 2021
Sold by
Pearson Daniel H and Pearson Sonya R
Bought by
Andrews Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 9, 2020
Sold by
Pearson Daniel H
Bought by
Pearson Daniel H and Pearson Sonya R

Purchase Details

Listed on
Jun 13, 2017
Closed on
Jan 5, 2018
Sold by
Infinity Group Llc
Bought by
Pearson Daniel H
Seller's Agent
Matt Pingree
Hebert Realty Group
Buyer's Agent
Matt Pingree
Hebert Realty Group
List Price
$55,750
Sold Price
$43,000
Premium/Discount to List
-$12,750
-22.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.55%
Original Mortgage
$15,000
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
125 Main St Llc $275,000 None Available
125 Main St Llc $275,000 None Available
Andrews Management Llc -- None Available
Andrews Management Llc -- None Available
Andrews Management Llc -- None Available
Pearson Daniel H -- None Available
Pearson Daniel H -- None Available
Pearson Daniel H -- None Available
Pearson Daniel H -- --
Pearson Daniel H -- --
Pearson Daniel H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 125 Main St Llc $192,500
Closed 125 Main St Llc $192,500
Previous Owner Andrews Management Llc $136,000
Previous Owner Pearson Daniel H $15,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/02/2024 12/02/24 Sold $275,000 0.0% $46 / Sq Ft
09/18/2024 09/18/24 Pending -- -- --
08/07/2024 08/07/24 For Sale $275,000 +539.5% $46 / Sq Ft
01/03/2018 01/03/18 Sold $43,000 -22.9% $7 / Sq Ft View Prior Sale
12/01/2017 12/01/17 Pending -- -- --
06/13/2017 06/13/17 For Sale $55,750 -- $9 / Sq Ft
Source: Maine Listings

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 $3,419 $117,900 $11,800 $106,100
2023 $3,443 $117,900 $11,800 $106,100
2022 $3,443 $117,900 $11,800 $106,100
2021 $3,443 $117,900 $11,800 $106,100
2014 $3,065 $117,900 $11,800 $106,100
2012 $2,948 $117,900 $11,800 $106,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1599582

Maine Listings

APN: MEXI-000020-000000-000096

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