NOT LISTED FOR SALE

139 Main St Belfast, ME 04915

Estimated Value: $705,000 - $800,000

4 Beds
5 Baths
3,221 Sq Ft
$230/Sq Ft Est. Value

Last Sold January 04, 2023

Last sale price $625,000 $194 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,840/month

41 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Furnished
  • Deck
  • Corner Lot
  • No HOA

About This Home

As of January 2023

Five unit residential building currently set up with 2 long-term and 3 short-term rental units. Short term-units are fully furnished and ready for guests. Current owners enjoy ''super host'' status! Every unit has a kitchen or kitchenette and a full bathroom. Suitable for owner-occupancy and making all units long-term if you want to simplify management. Private lawn and private parking.

Last Agent to Sell the Property

Samuel Mitchell

Worth Real Estate, Inc. Listed on: 11/11/2022

Last Buyer's Agent

Laurie Pelkey

Better Homes and Gardens Real Estate Town & Country

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,191

Year Built

  • Built in 1809

Lot Details

  • 5,227 Sq Ft Lot
  • Corner Lot

Parking

  • Gravel Driveway

Home Design

  • Colonial Architecture
  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Fiberglass Roof
  • Wood Siding

Interior Spaces

  • 5 Full Bathrooms
  • 3,221 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Laundry on main level

Flooring

  • Wood
  • Carpet
  • Vinyl

Unfinished Basement

  • Walk-Out Basement
  • Interior Basement Entry

Utilities

  • Air Conditioning
  • Zoned Heating
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Electric Water Heater
  • Internet Available

Additional Features

  • Deck
  • City Lot

Listing and Financial Details

  • Tax Lot 180-B
  • Assessor Parcel Number BELF-000011-000000-000180-B000000

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • Operating Expense $22,984
  • Gross Income $75,156

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,191

Year Built

Built in 1809

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.12
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Downtown Belfast, corner of Main and Market Streets.
  • Above Grade Finished Sq Ft: 3221.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1809
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.12
  • Property Information:Total Baths: 5.0
  • Property Information:SqFt Finished Above Grade: 3221.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat Fuel:Oil: Yes
  • Heat Fuel:Propane: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Property Information:Number of Units: 5
  • Foundation Materials:BrickMortar2: Yes
  • Foundation Materials:Stone: Yes
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 75156.0
  • Income Expenses Operating Expenses: 22984.0
  • Exterior:Wood Siding: Yes
  • Style:Colonial: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Property Information:Short Sale Continue to Show: No
  • Driveway:Gravel: Yes
  • Heat System:Direct Vent Heater: Yes
  • Amenities:Furniture Included: Yes
  • Cooling:AC Units: Yes
  • Roof:Fiberglass: Yes
  • Building Info:_pound_ Floors3: 2
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Walk-Out Access, Interior Entry, Unfinished
  • Full Bathrooms: 5
  • Fireplace: No
  • Flooring: Wood, Vinyl, Carpet
  • Interior Amenities: Furniture Included
  • Stories: 2

Exterior Features

  • Lot Features: Corner Lot, Sidewalks, Intown
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Stone, Brick/Mortar
  • Patio And Porch Features: Deck
  • Roof: Fiberglass, Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Gravel

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: A/C Units
  • Cooling Y N: Yes
  • Heating: Multi-Zones, Direct Vent Heater, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: RSU 71

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5227.2
  • Parcel #: BELF-000011-000000-000180-B000000
  • Zoning: Downtown Comm

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 75156.0
  • Annual Operating Expense: 22984.0

Tax Info

  • Tax Annual Amount: 6191.0
  • Tax Book Number: 3694
  • Tax Lot: 180-B
  • Tax Map Number: 11
  • Tax Year: 2022

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Tardif Property Mgmt Llc $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2023 01/04/23 Sold $625,000 0.0% $194 / Sq Ft
11/16/2022 11/16/22 Pending -- -- --
11/11/2022 11/11/22 For Sale $625,000 0.0% $194 / Sq Ft
10/18/2022 10/18/22 Pending -- -- --
10/05/2022 10/05/22 For Sale $625,000 -- $194 / 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 $8,539 $554,500 $264,700 $289,800
2023 $6,086 $302,800 $72,100 $230,700
2022 $6,191 $289,300 $72,100 $217,200
2021 $6,263 $284,700 $72,100 $212,600
2020 $6,226 $267,200 $69,300 $197,900
2019 $6,119 $267,200 $69,300 $197,900
2018 $6,065 $267,200 $69,300 $197,900
2017 $5,852 $267,200 $69,300 $197,900
2016 $5,853 $255,600 $65,000 $190,600
2015 $5,725 $255,600 $65,000 $190,600
2014 $5,534 $255,600 $65,000 $190,600
2013 $5,316 $255,600 $65,000 $190,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1545069

Maine Listings

APN: BELF-000011-000000-000180-B000000