$248,000
SOLD JAN 14, 2025

125 W Front St Skowhegan, ME 04976

-- Bed
3 Baths
2,233 Sq Ft
0.6 Acres

Recently Sold

$111 Per Sq Ft

3 Days on Market

Highlights

  • Cape Cod Architecture
  • Main Floor Bedroom
  • Screened Porch
  • Wood Flooring
  • No HOA
  • 2 Car Detached Garage

About This Home

As of January 2025

12901 - Excellent investment opportunity with strong income potential in a 3-unit building. Updates include a new garage roof, interior & exterior painting, H/W heater & heat pump, unit 3, electrical service updated in all three units. Property sits on 0.6 acres with a fenced backyard, patio & large parking space. Shopping, hospital, restaurants & schools nearby! Call today and schedule your appointment. 24-hour notice.

Last Agent to Sell the Property

Christopher Morin

Allied Realty Listed on: 12/11/2024

Co-Listed By

Jesse Norris

Allied Realty

Last Buyer's Agent

David Shedd

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,490

Year Built

  • Built in 1930

Lot Details

  • 0.6 Acre Lot
  • Fenced
  • Level Lot
  • Open Lot

Parking

  • 2 Car Detached Garage
  • Parking Storage or Cabinetry
  • Driveway

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Block Foundation
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,233 Sq Ft Home
  • 2-Story Property
  • Screened Porch

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Basement

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

Accessible Home Design

  • Doors are 32 inches wide or more

Utilities

  • Cooling Available
  • Heating System Uses Oil
  • Heat Pump System
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Electric Water Heater
  • Internet Available

Listing and Financial Details

  • Tax Lot 30
  • Assessor Parcel Number 125WestFrontStreetSkowhegan04976

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $5,050
  • Gross Income $20,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,490

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.6
  • Road Surface Type: Paved
  • Co List Office Phone: 207-474-9553
  • MLS Status: Closed
  • Directions: GPS 124 West Front Street, Skowhegan.
  • Above Grade Finished Sq Ft: 2233.0
  • Architectural Style: Cape
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1930
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 111.06
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.6
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2233.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Fence: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Cooling:Heat Pump3: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Vehicle Storage:Detached: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Roof:Metal: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 3
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 20900.0
  • Income Expenses Operating Expenses: 5050.0
  • Foundation Materials:Block3: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Basement:Dirt Floor: Yes
  • Equipment:Internet Access Available: Yes
  • Vehicle Storage:Storage Above: Yes
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Advertising Remarks:Advertising Remarks: 12901 - Excellent investment opportunity with strong income potential in a 3-unit building. Updates include a new garage roof, interior & exterior painting, H/W heater & heat pump, unit 3, electrical service updated in all three units. Property sits on 0.6 acres with a fenced backyard, patio & large parking space. Shopping, hospital, restaurants & schools nearby! Call today and schedule your appointment. 24-hour notice.
  • Accessibilitiy Amenities 32 - 36 Inch Doors: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Accessibility Features: 32 - 36 Inch Doors
  • Has Basement: Dirt Floor, Full, Interior Entry
  • Full Bathrooms: 3
  • Flooring: Wood, Vinyl, Carpet
  • Interior Amenities: 1st Floor Bedroom
  • Full Basement: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Level, Open Lot, Near Town
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Block, Concrete Perimeter
  • Patio And Porch Features: Glass Enclosed, Screened
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Paved, Detached, Storage

Utilities

  • Laundry Features: Laundry - 1st Floor, Upper Level, Main Level, Washer Hookup
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Hot Water, Heat Pump, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 26136.0
  • Parcel #: 125WestFrontStreetSkowhegan04976
  • Zoning: Residential

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 20900.0
  • Annual Operating Expense: 5050.0

Tax Info

  • Tax Annual Amount: 2490.0
  • Tax Lot: 30
  • Tax Year: 2025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2019
Sold by
Rice Joan C Est and Schmitz
Bought by
Johnston Dennis
Current Estimated Value
$240,774

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,007
Outstanding Balance
$94,763
Interest Rate
4.3%
Mortgage Type
FHA
Estimated Equity
$146,011

Purchase Details

Listed on
Aug 1, 2017
Closed on
Jan 30, 2018
Sold by
Kyes Jeffrey M and Kyes Michele A
Bought by
Rice Joan C and Rice Peter F
Seller's Agent
Debra Chapman
Moose Country Real Estate
Buyer's Agent
Doreen Jackson
Bean Group
List Price
$127,500
Sold Price
$110,000
Premium/Discount to List
-$17,500
-13.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.52%
Original Mortgage
$110,322
Interest Rate
3.93%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Personal Reps Deed -- --
Personal Reps Deed -- --
Personal Reps Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $108,007 FHA
Closed $108,007 FHA
Previous Owner $110,322 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/14/2025 01/14/25 Sold $248,000 0.0% $111 / Sq Ft
12/14/2024 12/14/24 Pending -- -- --
12/11/2024 12/11/24 For Sale $248,000 +125.5% $111 / Sq Ft
01/25/2018 01/25/18 Sold $110,000 -13.7% $34 / Sq Ft View Prior Sale
12/11/2017 12/11/17 Pending -- -- --
07/31/2017 07/31/17 For Sale $127,500 -- $39 / 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 $2,490 $137,800 $28,400 $109,400
2023 $2,442 $137,800 $28,400 $109,400
2022 $1,592 $91,100 $19,900 $71,200
2021 $1,672 $91,100 $19,900 $71,200
2020 $1,584 $88,000 $19,900 $68,100
2019 $1,517 $88,000 $19,900 $68,100
2018 $1,602 $88,000 $19,900 $68,100
2017 $1,760 $88,000 $19,900 $68,100
2016 $1,599 $84,000 $23,500 $60,500
2015 $1,537 $84,000 $23,500 $60,500
2014 $1,441 $84,000 $23,500 $60,500
2013 $1,378 $84,000 $23,500 $60,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1611040

Maine Listings

APN: SKOW-000025-000000-000030