NOT LISTED FOR SALE

Estimated Value: $896,000 - $959,000

6 Beds
4 Baths
4,146 Sq Ft
$221/Sq Ft Est. Value

Last Sold December 18, 2020

Last sale price $600,000 $145 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $5,968/month

4 Days on Market

Highlights

  • 0.71 Acre Lot
  • Deck
  • No HOA
  • Colonial Architecture
  • Property is near public transit
  • Tankless Water Heater

About This Home

As of December 2020

Are you currently working from home? If so, you've got to see this unique 3 unit right outside of Morrill's Corner. This is an incredible opportunity to earn rental income. Unit C, built in 2016, features a large open concept first floor. It's perfect for those seeking an art studio, office, or space for a home occupation. Units A & B offer single level living with 2 bedrooms and 1 bathroom. The large lot boasts nearly .8 acres providing plenty of room for outdoor activities. This is a family owned and occupied building and has more income earning potential than meets the eye. Come see for yourself!

Last Agent to Sell the Property

Eric Meadows

Portside Real Estate Group Listed on: 10/28/2020

Last Buyer's Agent

Daniel Meuse

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,939

Year Built

  • Built in 1960

Lot Details

  • 0.71 Acre Lot
  • Fenced

Home Design

  • 4,146 Sq Ft Home
  • Colonial Architecture
  • Ranch Style House
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking

Outdoor Features

  • Deck
  • Shed

Location

  • Property is near public transit
  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Tankless Water Heater
  • Gas Water Heater
  • Water Heated On Demand

Additional Features

  • 4 Full Bathrooms
  • Laundry on main level

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number PTLD-000292-000000-A004001

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $11,604
  • Gross Income $25,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,939

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.71
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 4146.0
  • Architectural Style: Colonial, Multi-Level, Other Style, Ranch
  • Garage Yn: No
  • Year Built: 1960
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.71
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 4146.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Hot Water: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Water Heater:Gas: Yes
  • Water Heater:On Demand: Yes
  • Amenities:Fence: Yes
  • Exterior:Vinyl Siding: Yes
  • Gas:Natural - On Site: Yes
  • Driveway:Common2: Yes
  • Amenities:One-Floor Living: Yes
  • Heat Fuel:Gas Natural: Yes
  • Water Heater:Tankless: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Floors:Laminate: Yes
  • Style:Ranch: Yes
  • Property Information:Number of Units: 3
  • Income Expenses Gross Income: 25800.0
  • Income Expenses Operating Expenses: 11604.0
  • Style:Multi-Level: Yes
  • Style:Colonial: Yes
  • Basement:Crawl Space: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Property Information:Short Sale Continue to Show: No
  • Basement:Slab2: Yes
  • Water Heater:Tank: Yes
  • Washer/Dryer Other Location: Yes
  • Basement Entry:Exterior Only: Yes
  • Transportation:Public Transport Access: Yes
  • Other Structures:Shed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Crawl Space, Exterior Only
  • Full Bathrooms: 4
  • Flooring: Vinyl, Tile, Other, Laminate, Carpet
  • Interior Amenities: 1st Floor Bedroom, One-Floor Living

Exterior Features

  • Fencing: Fenced
  • Lot Features: Intown, Near Town, Other, Near Public Transit
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Slab
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - 1st Floor, Upper Level, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water
  • 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: 30927.6
  • Parcel #: PTLD-000292-000000-A004001
  • Zoning: R5

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 25800.0
  • Annual Operating Expense: 11604.0

Tax Info

  • Tax Annual Amount: 7939.0
  • Tax Book Number: 8583
  • Tax Lot: 4
  • Tax Map Number: 292
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2020
Closed on
Dec 18, 2020
Sold by
Pierobello Frank T Est
Bought by
Abaribeza Ange and Kubwimana Jacques
Seller's Agent
Eric Meadows
Portside Real Estate Group
Buyer's Agent
Daniel Meuse
Keller Williams Realty
List Price
$549,000
Sold Price
$600,000
Premium/Discount to List
$51,000
9.29%
Total Days on Market
4
Current Estimated Value
$917,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$317,494
Avg. Annual Appreciation
9.16%
Original Mortgage
$577,583
Outstanding Balance
$521,279
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$365,825
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Abaribeza Ange -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abaribeza Ange $577,583
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2020 12/18/20 Sold $600,000 +9.3% $145 / Sq Ft
11/02/2020 11/02/20 Pending -- -- --
10/28/2020 10/28/20 For Sale $549,000 -- $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 $9,817 $654,000 $75,500 $578,500
2023 $9,424 $654,000 $75,500 $578,500
2022 $8,901 $654,000 $75,500 $578,500
2021 $9,150 $704,400 $75,500 $628,900
2020 $7,939 $340,600 $74,900 $265,700
2019 $7,939 $340,600 $74,900 $265,700
2018 $7,374 $340,600 $74,900 $265,700
2017 $7,374 $340,600 $74,900 $265,700
2016 $5,738 $271,800 $74,900 $196,900
2015 $4,153 $201,300 $74,900 $126,400
2014 $4,026 $201,300 $74,900 $126,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1474390

Maine Listings

APN: PTLD-000292-000000-A004001