M
Seller's Agent in 2024
Mark Young
NextHome Northern Lights Realty
(207) 624-2483
7 in this area
47 Total Sales
13 Spring St Hallowell, ME 04347
Estimated Value: $449,648 - $509,000
4
Beds
4
Baths
1,596
Sq Ft
$303/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Cooling Available
- 4-minute walk to Vaughn Playground
- No HOA
- Baseboard Heating
About This Home
As of April 2024Welcome to this fantastic opportunity to own a charming duplex located just 1⁄4 mile from vibrant downtown Hallowell. Completely renovated in 2010, this property features two spacious 2-bedroom units, each boasting its own distinctive features and 1 1⁄2 bathrooms. Recent improvements include new kitchen floors, appliances and fresh paint throughout unit one. The apartments have a very stable rental history (same tenants for 10 years). Whether you're looking for an investment property, a possible condo conversion, conversion to a single-family home, or a place to call home while generating rental income, 13 Spring Street is must-see. Also, see MLS 1574141.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,753
Year Built
- Built in 1830
Lot Details
- 7,841 Sq Ft Lot
Home Design
- Shingle Roof
Interior Spaces
- 1,596 Sq Ft Home
- Exterior Basement Entry
Flooring
- Wood
- Vinyl
Utilities
- Cooling Available
- Baseboard Heating
- Hot Water Heating System
Listing and Financial Details
- Tax Lot 25
- Assessor Parcel Number HALL-000005-000000-000025
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Operating Expense $12,435
- Gross Income $39,600
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 6, 2023
Closed on
Apr 30, 2024
Sold by
Youngs Realty Llc
Bought by
Bredesen Harald B
Seller's Agent
Mark Young
NextHome Northern Lights Realty
Buyer's Agent
John Lawrence
Keller Williams Realty
List Price
$475,000
Sold Price
$420,000
Premium/Discount to List
-$55,000
-11.58%
Views
19
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,912
Avg. Annual Appreciation
8.09%
Original Mortgage
$125,000
Outstanding Balance
$123,013
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$360,899
Purchase Details
Closed on
Oct 21, 2009
Sold by
Lsf 6 Mercury Reo Int
Bought by
Youngs Realty Llc
Purchase Details
Closed on
Sep 21, 2009
Sold by
Lsf 6 Mercury Reo Int
Bought by
Lsf 6 Mercury Reo Int
Purchase Details
Closed on
Jul 23, 2008
Sold by
Cplumer Timothy Sr Est and Plumer
Bought by
Youngs Realty Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bredesen Harald B | $420,000 | None Available | |
| Bredesen Harald B | $420,000 | None Available | |
| Youngs Realty Llc | -- | -- | |
| Lsf 6 Mercury Reo Int | -- | -- | |
| Youngs Realty Llc | -- | -- | |
| Youngs Realty Llc | -- | -- | |
| Lsf 6 Mercury Reo Int | -- | -- | |
| Youngs Realty Llc | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bredesen Harald B | $125,000 | |
| Closed | Bredesen Harald B | $125,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/30/2024 04/30/24 | Sold | $420,000 | -1.2% | $263 / Sq Ft |
| 02/28/2024 02/28/24 | Pending | -- | -- | -- |
| 02/12/2024 02/12/24 | Price Changed | $424,995 | -10.5% | $266 / Sq Ft |
| 10/06/2023 10/06/23 | For Sale | $475,000 | -- | $298 / 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 | $4,456 | $223,900 | $54,300 | $169,600 |
| 2023 | $3,753 | $162,800 | $39,400 | $123,400 |
| 2022 | $3,614 | $162,800 | $39,400 | $123,400 |
| 2021 | $3,468 | $162,800 | $39,400 | $123,400 |
| 2020 | $2,333 | $162,800 | $39,400 | $123,400 |
| 2019 | $7,770 | $162,800 | $39,400 | $123,400 |
| 2018 | $5,826 | $162,800 | $39,400 | $123,400 |
| 2017 | $1,852 | $162,800 | $39,400 | $123,400 |
| 2016 | $461 | $162,800 | $39,400 | $123,400 |
| 2015 | $2,865 | $162,800 | $39,400 | $123,400 |
| 2014 | $2,865 | $162,800 | $39,400 | $123,400 |
| 2013 | $2,784 | $162,800 | $39,400 | $123,400 |
Source: Public Records
Agents Affiliated with this Home
-
Mark Young
-
John Lawrence
J
Buyer's Agent in 2024
John Lawrence
Keller Williams Realty
(207) 582-4600
3 in this area
41 Total Sales
Map
Source: Maine Listings
MLS Number: 1574136
APN: HALL-000005-000000-000025
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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