NOT LISTED FOR SALE

14 Island Ave Orono, ME 04473

Estimated Value: $247,000 - $281,000

3 Beds
2 Baths
1,300 Sq Ft
$202/Sq Ft Est. Value

Last Sold March 19, 2021

Last sale price $165,900 $128 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $1,697/month

5 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • No HOA
  • Orono Middle School Rated A
  • Corner Lot
  • 2 Car Detached Garage

About This Home

As of March 2021

Investors take notice! Here is your chance for mortgage free living or income property, in a desirable in-town location, only minutes to the University of Maine Campus! This property offers a true urban lifestyle placing you minutes to coffee shops, local restaurants, the library, schools, farmer markets, walking trails along the river with easy access for your canoe and kayaks & more!

Last Agent to Sell the Property

Pauline Rock

ERA Dawson-Bradford Co. Listed on: 02/17/2021

ERA Dawson-Bradford Co.

Last Buyer's Agent

Shonne Wright

ERA Dawson-Bradford Co.

ERA Dawson-Bradford Co.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,581

Year Built

  • Built in 1915

Lot Details

  • 6,098 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,300 Sq Ft Home
  • Wood Flooring
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Full Bathrooms
  • Bathtub

Unfinished Basement

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

Outdoor Features

  • Porch

Location

  • Property is near a golf course
  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 004
  • Assessor Parcel Number ORON-027004-000000-000004

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $8,248
  • Gross Income $21,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,581

Year Built

Built in 1915

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.14
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From Main St., turn RIGHT onto Island Ave. House will be on your LEFT.
  • Above Grade Finished Sq Ft: 1300.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Year Built: 1915
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.14
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1300.0
  • Property Information:Garage: Yes
  • Site:Corner Lot: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat Fuel:Oil: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Property Information:Number of Units: 2
  • Income Expenses Gross Income: 21000.0
  • Income Expenses Operating Expenses: 8248.0
  • Parking:On Site2: Yes
  • Amenities:Bathtub: Yes
  • Style:Colonial: Yes
  • Property Information:Short Sale Continue to Show: No
  • Driveway:Gravel: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Flooring: Wood
  • Interior Amenities: Bathtub
  • Full Basement: Yes

Exterior Features

  • Lot Features: Corner Lot, Intown, Near Golf Course, Near Shopping, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Gravel, On Site, Detached

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Other Heat System, Hot Air
  • 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: 6098.4
  • Parcel #: ORON-027004-000000-000004
  • Zoning: RES, MDR

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 21000.0
  • Annual Operating Expense: 8248.0

Tax Info

  • Tax Annual Amount: 3581.0
  • Tax Book Number: 7822
  • Tax Lot: 004
  • Tax Map Number: 27
  • Tax Year: 2019

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 Tierney Jon D $77,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2021 03/19/21 Sold $165,900 -2.4% $128 / Sq Ft
02/17/2021 02/17/21 Pending -- -- --
02/11/2021 02/11/21 For Sale $169,900 -- $131 / 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 $3,719 $174,200 $28,600 $145,600
2023 $3,704 $158,300 $26,000 $132,300
2022 $3,768 $158,300 $26,000 $132,300
2021 $3,760 $158,300 $26,000 $132,300
2020 $3,803 $135,400 $24,500 $110,900
2019 $3,581 $135,400 $24,500 $110,900
2018 $3,656 $135,400 $24,500 $110,900
2017 $3,520 $135,400 $24,500 $110,900
2016 $3,365 $135,400 $24,500 $110,900
2015 $3,304 $135,400 $24,500 $110,900
2014 $3,229 $135,400 $24,500 $110,900
2013 $2,974 $128,200 $24,500 $103,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1481848

Maine Listings

APN: ORON-027004-000000-000004