A
Seller's Agent in 2024
Amber
The Collective Real Estate Co
2 in this area
43 Total Sales
137 Spring St Gardiner, ME 04345
--
Bed
2
Baths
2,460
Sq Ft
8,712
Sq Ft Lot
Highlights
- Nearby Water Access
- No HOA
- Cooling Available
- Wood Flooring
- Porch
- Asbestos
About This Home
As of November 2024Incredible investment or owner occupied opportunity in Gardiner! This recently renovated 2 unit is ideally located just minutes to downtown Gardiner, the local restaurants and shops of Hallowell, and the city of Augusta. This multi family consists of a 3 bedroom unit and 1 bedroom unit with dedicated heat and electricity. Amenities include off street parking, spacious units, an enclosed porch, washer and dryer hookup, large green space, new heat pump, and more. With less than an hour from Portland, and quick and easy access to 95 + 295, this investment property attracts interest from an expansive tenant pool. At an NOI of over $30k and a 10+ cap, or a set up that lends itself to an ideal owner occupied with additional income to pay the mortgage, this property serves as a rare opportunity in this limited market!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,932
Year Built
- Built in 1856
Lot Details
- 8,712 Sq Ft Lot
- Level Lot
- Open Lot
Home Design
- Duplex
- Wood Frame Construction
- Shingle Roof
- Metal Roof
- Asbestos Siding
- Vinyl Siding
- Asbestos
Interior Spaces
- 2 Full Bathrooms
- 2,460 Sq Ft Home
- 2-Story Property
- Wood Flooring
- Washer and Dryer Hookup
Unfinished Basement
- Partial Basement
- Interior Basement Entry
- Crawl Space
Parking
- Gravel Driveway
- Off-Street Parking
Outdoor Features
- Nearby Water Access
- River Nearby
- Porch
Location
- City Lot
Utilities
- Cooling Available
- Heating System Uses Natural Gas
- Heat Pump System
- Heating System Mounted To A Wall or Window
- Electric Water Heater
Listing and Financial Details
- Tax Lot 050
- Assessor Parcel Number GARR-000036-000000-000050
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Operating Expense $6,129
- Gross Income $39,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 12, 2024
Closed on
Nov 1, 2024
Sold by
Gordon Derek J
Bought by
Graue Ryan and Parker Kimberly
Seller's Agent
Amber
The Collective Real Estate Co
Buyer's Agent
Rex Thornton
Regency Realty Group
List Price
$325,000
Sold Price
$320,000
Premium/Discount to List
-$5,000
-1.54%
Views
26
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
$968
Avg. Annual Appreciation
0.47%
Original Mortgage
$240,000
Outstanding Balance
$238,814
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$82,154
Purchase Details
Listed on
Mar 4, 2021
Closed on
Apr 9, 2021
Sold by
Delong Inv Prop Llc
Bought by
Gordon Derek J
Seller's Agent
Jennifer Sweeney
Portside Real Estate Group
Buyer's Agent
Derek Gordon
Benchmark Real Estate
List Price
$215,000
Sold Price
$225,000
Premium/Discount to List
$10,000
4.65%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.37%
Original Mortgage
$220,924
Interest Rate
2.9%
Mortgage Type
FHA
Purchase Details
Closed on
Aug 20, 2015
Sold by
Gardner David B and Gardner Susan F
Bought by
137 Spring St T and Action Home Buyers Tr
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $320,000 | None Available | |
| Warranty Deed | $320,000 | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $240,000 | Purchase Money Mortgage | |
| Closed | $240,000 | Purchase Money Mortgage | |
| Previous Owner | $220,924 | FHA | |
| Previous Owner | $57,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/01/2024 11/01/24 | Sold | $320,000 | -1.5% | $130 / Sq Ft |
| 09/24/2024 09/24/24 | Pending | -- | -- | -- |
| 09/12/2024 09/12/24 | For Sale | $325,000 | +44.4% | $132 / Sq Ft |
| 04/09/2021 04/09/21 | Sold | $225,000 | +4.7% | $94 / Sq Ft |
| 03/06/2021 03/06/21 | Pending | -- | -- | -- |
| 03/04/2021 03/04/21 | For Sale | $215,000 | +444.3% | $90 / Sq Ft |
| 06/09/2016 06/09/16 | Sold | $39,500 | -20.8% | $16 / Sq Ft |
| 05/25/2016 05/25/16 | Pending | -- | -- | -- |
| 12/04/2015 12/04/15 | For Sale | $49,900 | -- | $20 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $3,167 | $123,700 | $21,400 | $102,300 |
| 2023 | $2,932 | $123,700 | $21,400 | $102,300 |
| 2022 | $2,746 | $123,700 | $21,400 | $102,300 |
| 2021 | $2,684 | $123,700 | $21,400 | $102,300 |
| 2020 | $1,840 | $84,800 | $21,400 | $63,400 |
| 2019 | $1,840 | $84,800 | $21,400 | $63,400 |
| 2018 | $1,815 | $84,800 | $21,400 | $63,400 |
| 2017 | $1,866 | $84,800 | $21,400 | $63,400 |
| 2016 | $1,823 | $84,800 | $21,400 | $63,400 |
| 2015 | $1,832 | $84,800 | $21,400 | $63,400 |
| 2014 | -- | $84,800 | $21,400 | $63,400 |
Source: Public Records
Agents Affiliated with this Home
-
Amber
-
Ryan McQuaid
R
Seller Co-Listing Agent in 2024
Ryan McQuaid
The Collective Real Estate Co
(207) 838-8681
1 in this area
7 Total Sales
-
Rex Thornton
Buyer's Agent in 2024
Rex Thornton
Regency Realty Group
(207) 440-3600
1 in this area
4 Total Sales
-
Jennifer Sweeney
J
Seller's Agent in 2021
Jennifer Sweeney
Portside Real Estate Group
(207) 992-6019
2 in this area
79 Total Sales
-
D
Buyer's Agent in 2021
Derek Gordon
Benchmark Real Estate
-
R
Seller's Agent in 2016
Ronald Marston
Brady Palmer Real Estate
Map
Source: Maine Listings
MLS Number: 1603484
APN: GARR-000036-000000-000050
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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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