NOT LISTED FOR SALE

Estimated Value: $477,000 - $537,644

12 Beds
3 Baths
4,545 Sq Ft
$114/Sq Ft Est. Value

Last Sold April 20, 2022

Last sale price $425,000 $94 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,244/month

4 Days on Market

Highlights

  • No HOA
  • Zoned Heating
  • Carpet
  • Interior Lot
  • Baseboard Heating
  • 3-minute walk to Kennedy Park

About This Home

As of April 2022

Newly Renovated 3 Unit building each w/4 Bedroom. This extensive renovation was more than a remodel or refurbish The building's roof, systems, electrical and plumbing were all a part of the extensive rehab. Separate electric panels in each unit. All new and freshly painted drywall. Foam spray insulation, new flooring, new remodeled bathrooms, and kitchens. Upgraded LED lighting. New natural gas, high efficiency heating system, including new piping. Chimney removed and several new windows are a part of the total renovation. Apartments are tastefully remodeled using light and clean colors.
Projected rent is $2000/unit.

Last Agent to Sell the Property

Maria Morrissette

Fontaine Family-The Real Estate Leader Listed on: 01/28/2022

Last Buyer's Agent

Jessica Weinreich

CENTURY 21 Advantage

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,606

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Interior Lot
  • Level Lot
  • Open Lot

Home Design

  • Flat Roof Shape
  • Concrete Foundation
  • Wood Frame Construction
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3 Full Bathrooms
  • 4,545 Sq Ft Home
  • Multi-Level Property

Flooring

  • Carpet
  • Laminate
  • Vinyl

Basement

  • Basement Fills Entire Space Under The House
  • Brick Basement
  • Interior Basement Entry

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking
  • Off-Street Parking

Location

  • City Lot

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Tax Lot 449
  • Assessor Parcel Number LEWI-000195-000000-000449

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $2,606
  • Gross Income $72,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,606

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.12
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 4545.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.12
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 4545.0
  • Property Information:Garage: No
  • 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
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 3
  • Heat System:Multi-Zones: Yes
  • Income Expenses Gross Income: 72000.0
  • Income Expenses Operating Expenses: 2606.0
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Basement:BrickMortar: Yes
  • Roof:Flat: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Brick/Mortar, Full, Interior Entry
  • Full Bathrooms: 3
  • Flooring: Vinyl, Laminate, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Sidewalks, Interior Lot, Intown, Near Shopping
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Flat

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved, On Site, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5227.2
  • Parcel #: LEWI-000195-000000-000449
  • Zoning: Downtown/Res

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 72000.0
  • Annual Operating Expense: 2606.0

Tax Info

  • Tax Annual Amount: 2606.0
  • Tax Book Number: 10641
  • Tax Lot: 449
  • Tax Map Number: 195
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2021
Closed on
Jan 29, 2021
Sold by
Mtglq Investors Lp
Bought by
Wu Chun
Seller's Agent
Crystal Fontaine-Bergeron
Fontaine Family-The Real Estate Leader
Buyer's Agent
Maria Morrissette
Fontaine Family-The Real Estate Leader
List Price
$89,900
Sold Price
$92,900
Premium/Discount to List
$3,000
3.34%
Current Estimated Value
$519,911

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$427,011
Avg. Annual Appreciation
46.79%

Purchase Details

Closed on
Nov 12, 2020
Sold by
Dufour Denis J and Mtglq Investors Lp
Bought by
Mtglq Investors Lp

Purchase Details

Closed on
Jul 5, 2007
Sold by
Poliquin Robert E
Bought by
Dufour Denis J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,100
Interest Rate
6.39%
Mortgage Type
Unknown
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
Wu Chun -- None Available
Mtglq Investors Lp -- None Available
Dufour Denis J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dufour Denis J $122,000
Previous Owner Dufour Denis J $116,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2022 04/20/22 Sold $425,000 0.0% $94 / Sq Ft
02/02/2022 02/02/22 Pending -- -- --
01/28/2022 01/28/22 For Sale $425,000 +357.5% $94 / Sq Ft
02/10/2021 02/10/21 Sold $92,900 +3.3% $20 / Sq Ft
01/21/2021 01/21/21 Pending -- -- --
01/13/2021 01/13/21 For Sale $89,900 -- $20 / 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 $4,073 $128,200 $17,040 $111,160
2023 $3,846 $128,200 $17,040 $111,160
2022 $3,654 $128,200 $17,040 $111,160
2021 $2,606 $92,200 $17,040 $75,160
2020 $2,644 $92,220 $17,040 $75,180
2019 $2,666 $92,220 $17,040 $75,180
2018 $2,644 $92,220 $17,040 $75,180
2017 $2,584 $92,220 $17,040 $75,180
2016 $2,540 $92,220 $17,040 $75,180
2015 $2,524 $92,220 $17,040 $75,180
2014 $2,452 $92,220 $17,040 $75,180
2013 $2,438 $92,220 $17,040 $75,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1518754

Maine Listings

APN: LEWI-000195-000000-000449