NOT LISTED FOR SALE

13 Main St Canton, ME 04221

Estimated Value: $281,188 - $492,000

Studio
3.5 Baths
3,318 Sq Ft
$117/Sq Ft Est. Value

Last Sold December 13, 2021

Last sale price $215,000 $65 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,842/month

79 Days on Market

Highlights

  • View of Trees or Woods
  • Wood Flooring
  • No HOA
  • Colonial Architecture
  • Corner Lot
  • Cooling Available

About This Home

As of December 2021

Fully renovated mixed use building with a great anchor tenant (Canton Post Office) on a long term lease with 3 fully renovated luxurious apartments. The sellers just installed heat pumps in all of the units for heating and cooling. Everything is in great working order and has been meticulously maintained. The residential units also offer wireless intercom and entry access. Email for the income/expense chart with an amazing cap rate. ''Rate of return on your investment'' Excellent opportunity here for someone to add an additional property to their portfolio with positive cash flow.

Last Agent to Sell the Property

Anthony Deiulio

Deiulio Realty Group Inc. Listed on: 07/06/2021

Co-Listed By

Amanda Deiulio

Deiulio Realty Group Inc.

Last Buyer's Agent

Kirk Butterfield

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,370

Year Built

  • Built in 1880

Lot Details

  • 6,098 Sq Ft Lot
  • Corner Lot
  • Level Lot

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Metal Roof
  • Masonry

Interior Spaces

  • 3,318 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Views of Woods
  • Crawl Space

Location

  • City Lot

Utilities

  • Cooling Available
  • Heating System Uses Propane
  • Heat Pump System
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 27
  • Assessor Parcel Number CNON-000000-U000005-000027

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $20,604
  • Gross Income $46,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,370

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.14
  • Co List Office Phone: 207-357-2813
  • MLS Status: Closed
  • Directions: From Bridge Street in Rumford, continue straight for 16 miles. The property will be on your right.
  • Above Grade Finished Sq Ft: 3318.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1880
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 75.35
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.14
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 3318.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat Fuel:Propane: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Cooling:Heat Pump3: Yes
  • Water Heater:Electric2: Yes
  • Roof:Metal: Yes
  • Property Information:Number of Units: 4
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 46800.0
  • Income Expenses Operating Expenses: 20604.0
  • Style:Colonial: Yes
  • Basement:Crawl Space: Yes
  • View:TreesWoods: Yes
  • Heat System:Direct Vent Heater: Yes
  • Exterior:Brick: Yes
  • Construction:Masonry: Yes
  • Advertising Remarks:Advertising Remarks: Fully renovated mixed use building with a great anchor tenant (Canton Post Office) on a long term lease with 3 fully renovated luxurious apartments. The sellers just installed heat pumps in all of the units for heating and cooling. Everything is in great working order and has been meticulously maintained. The residential units also offer wireless intercom and entry access. Email for the income/expense chart with an amazing cap rate. ''Rate of return on your investment'' Excellent opportunity here for someone to add an additional property to their portfolio with positive cash flow.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: None, Crawl Space, Not Applicable
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Flooring: Wood

Exterior Features

  • Lot Features: Corner Lot, Level, Intown
  • View: Trees/Woods
  • Waterfront: No
  • Construction Type: Brick, Masonry
  • Foundation Details: Other
  • Roof: Metal, Shingle

Garage/Parking

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

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump, Direct Vent Heater, 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: 6098.4
  • Parcel #: CNON-000000-U000005-000027
  • Zoning: Commercial/Residenti

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 46800.0
  • Annual Operating Expense: 20604.0

Tax Info

  • Tax Annual Amount: 1370.0
  • Tax Lot: 27
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2021
Closed on
Dec 13, 2021
Sold by
Old Brick House Llc
Bought by
El Camino Holdings Llc
Seller's Agent
Anthony Deiulio
Deiulio Realty Group Inc.
Buyer's Agent
Kirk Butterfield
Keller Williams Realty
List Price
$250,000
Sold Price
$215,000
Premium/Discount to List
-$35,000
-14%
Current Estimated Value
$298,852

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,852
Avg. Annual Appreciation
15.27%
Original Mortgage
$180,000
Outstanding Balance
$164,257
Interest Rate
3.14%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$222,337

Purchase Details

Closed on
Jan 24, 2007
Sold by
Leavitt Jonathan B and Leavitt Katherine M
Bought by
Glidden Shawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage
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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Purchase History

Date Buyer Sale Price Title Company
El Camino Holdings Llc -- None Available
Glidden Shawn $1,001 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open El Camino Holdings Llc $180,000
Previous Owner Glidden Shawn $88,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2021 12/13/21 Sold $215,000 -14.0% $65 / Sq Ft
09/24/2021 09/24/21 Pending -- -- --
07/06/2021 07/06/21 For Sale $250,000 -- $75 / 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
2025 $3,474 $156,129 $15,246 $140,883
2024 $3,240 $156,129 $15,246 $140,883
2023 $3,005 $156,129 $15,246 $140,883
2022 $2,771 $156,129 $15,246 $140,883
2021 $1,370 $78,272 $15,246 $63,026
2020 $1,370 $78,272 $15,246 $63,026
2019 $1,370 $78,272 $15,246 $63,026
2018 $1,603 $91,616 $19,068 $72,548
2017 $1,819 $91,616 $19,068 $72,548
2016 $1,832 $91,616 $19,068 $72,548
2015 $1,901 $91,616 $19,068 $72,548
2013 $1,942 $91,616 $19,068 $72,548
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1499425

Maine Listings

APN: CNON-000000-U000005-000027