NOT LISTED FOR SALE

137 Cottage Rd Millinocket, ME 04462

-- Bed
5 Baths
4,550 Sq Ft
6,534 Sq Ft Lot

Last Sold October 05, 2021

Last sale price $40,000 $9 Per Sq Ft

113 Days on Market

Highlights

  • Public Beach
  • New Englander Architecture
  • Baseboard Heating
  • Wood Flooring
  • No HOA
  • Property is near a golf course

About This Home

As of October 2021

With a shortage of long term rental properties in the Millinocket area there appears to be a huge need for properties like this to be fixed up and put back into commission. This is the only commercially zoned property in one of Millinocket's better neighborhoods and has potential to be a very nice rental unit. Of the three two bedroom units one originally was built to be the owners residence so it boasts two large bedrooms, a fireplace, a comfortable living room and kitchen so it could easily be again!

Last Agent to Sell the Property

James Plourde

North Woods Real Estate, LLC Listed on: 06/03/2021

Last Buyer's Agent

Jay Peavey

Realty of Maine

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 6,534 Sq Ft Lot
  • Public Beach
  • Level Lot

Home Design

  • 4,550 Sq Ft Home
  • New Englander Architecture
  • Block Foundation
  • Wood Frame Construction
  • Fiberglass Roof
  • Vinyl Siding

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 5 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Sump Pump

Parking

  • Gravel Driveway
  • Paved Parking

Location

  • Property is near a golf course
  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 5 Units

Listing and Financial Details

  • Tax Lot 173
  • Assessor Parcel Number MLNK-000007-000000-000173U

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.15
  • MLS Status: Closed
  • Directions: When entering Millinocket from the south proceed on Central St to the first set of stop lights and take a right on Rhode Island. Continue through 4 stop signs and property will be on your left.
  • Above Grade Finished Sq Ft: 4550.0
  • Architectural Style: New Englander
  • Garage Yn: No
  • Year Built: 1961
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 13.16
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.15
  • Property Information:Total Baths: 5.0
  • Property Information:SqFt Finished Above Grade: 4550.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Location:Near Golf Course: 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:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 5
  • Location:Near Public Beach: Yes
  • Foundation Materials:Block3: Yes
  • Driveway:Gravel: Yes
  • Basement:Sump Pump: Yes
  • Style:New Englander: Yes
  • Roof:Fiberglass: Yes
  • Advertising Remarks:Advertising Remarks: With a shortage of long term rental properties in the Millinocket area there appears to be a huge need for properties like this to be fixed up and put back into commission.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Sump Pump, Interior Entry, Unfinished
  • Full Bathrooms: 5
  • Flooring: Wood, Vinyl
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Sidewalks, Intown, Near Golf Course, Near Public Beach, Near Shopping, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Block
  • Roof: Fiberglass

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: 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: 6534.0
  • Parcel #: MLNK-000007-000000-000173U
  • Zoning: R2

Multi Family

  • Number Of Units Total: 5

Tax Info

  • Tax Annual Amount: 2938.0
  • Tax Lot: 173
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2021
Closed on
Oct 5, 2021
Sold by
Surprenant Zachary
Bought by
Wp Real Estate Llc
Seller's Agent
James Plourde
North Woods Real Estate, LLC
Buyer's Agent
Jay Peavey
Realty of Maine
List Price
$59,900
Sold Price
$40,000
Premium/Discount to List
-$19,900
-33.22%

Purchase Details

Listed on
Jun 3, 2021
Closed on
Sep 21, 2021
Sold by
Bragdon Ralph E and Bragdon Linda M
Bought by
Surprenant Zachary
Seller's Agent
James Plourde
North Woods Real Estate, LLC
Buyer's Agent
Jay Peavey
Realty of Maine
List Price
$59,900
Sold Price
$40,000
Premium/Discount to List
-$19,900
-33.22%

Purchase Details

Closed on
Jul 6, 2018
Sold by
Millinocket Town Of
Bought by
Surprenant Zachary
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 Buyer Sale Price Title Company
Wp Real Estate Llc -- None Available
Surprenant Zachary -- None Available
Surprenant Zachary -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2021 10/05/21 Sold $40,000 -33.2% $9 / Sq Ft
08/11/2021 08/11/21 Pending -- -- --
04/19/2021 04/19/21 For Sale $59,900 -- $13 / 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 $0 $155,900 $7,900 $148,000
2024 $0 $152,000 $4,000 $148,000
2023 $3,210 $122,400 $4,000 $118,400
2022 $3,210 $108,800 $4,000 $104,800
2021 $2,967 $91,300 $4,000 $87,300
2020 $2,938 $86,400 $4,000 $82,400
2019 $2,851 $86,400 $4,000 $82,400
2015 -- $86,400 $4,000 $82,400
2014 $2,557 $86,400 $4,000 $82,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1488274

Maine Listings

APN: MLNK-000007-000000-000173U