NOT LISTED FOR SALE

Estimated Value: $149,000

-- Bed
6 Baths
2,584 Sq Ft
$58/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $60,000 $23 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $1,040/month

957 Days on Market

Highlights

  • Nearby Water Access
  • Wood Flooring
  • Baseboard Heating
  • Cape Cod Architecture
  • No HOA
  • 2-minute walk to Dexter Recreation Department

About This Home

As of April 2021

6-unit apartment building grossing $2,850 a month. Convenient location for tenants' shopping, and the library is close, with a about one mile to the public beach on Lake Wassookeag. Keep one of the two studio apartments for your place in Maine or just make money! Dexter is in the Heart of Maine on the 45 parallel and offers a village setting with a nice downtown area with places to shop and for professional services. Leases are in place. Need 24-hour notice for showings, to inform tenants. Call today for more details and to set up a showing.

Last Listed By

Kevin Tremblay

North Country Properties Brokerage Phone: 2073072161 Listed on: 02/25/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Has A Rolling Slope

Home Design

  • Cape Cod Architecture
  • New Englander Architecture
  • Farmhouse Style Home
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 6 Full Bathrooms
  • 2,584 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Unfinished Basement

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

Parking

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

Utilities

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

Additional Features

  • Nearby Water Access
  • City Lot

Listing and Financial Details

  • Tax Lot 127
  • Assessor Parcel Number DEXT-000010-000000-000127

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Pet Policy

  • No Pets Allowed

Building Details

  • Operating Expense $7,832
  • Gross Income $32,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.23
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: On Route 7 (Spring Street) the apartment building is located just before the traffic light on the right-hand side coming from Newport. Besides the Post Office.
  • Above Grade Finished Sq Ft: 2584.0
  • Architectural Style: Cape, Farmhouse, New Englander
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1900
  • Attribution Contact: 2073072161
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.23
  • Property Information:Total Baths: 6.0
  • Property Information:SqFt Finished Above Grade: 2584.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 6
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 32400.0
  • Income Expenses Operating Expenses: 7832.0
  • Parking:On Site2: Yes
  • Exterior:Wood Siding: Yes
  • Parking:Paved3: Yes
  • Recreational Water:Nearby: Yes
  • Site:RollingSloping: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Style:New Englander: Yes
  • Restrictions:No Dogs Allowed: Yes
  • Restrictions:No Cats Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 6
  • Fireplace: No
  • Flooring: Wood, Vinyl, Laminate, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Rolling Slope, Sidewalks, Intown, Near Shopping, Neighborhood
  • Waterfront: No
  • Construction Type: Wood Siding, Vinyl Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Paved, On Site, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Other Heat System, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Cats Allowed, No Dogs Allowed

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10018.8
  • Parcel #: DEXT-000010-000000-000127
  • Zoning: Residential

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 32400.0
  • Annual Operating Expense: 7832.0

Tax Info

  • Tax Annual Amount: 2546.0
  • Tax Book Number: 14913
  • Tax Lot: 127
  • Tax Map Number: 10
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2021
Closed on
Apr 24, 2021
Sold by
Rodrigues Miguel B and Rodrigues Argentina A
Bought by
Rios-Arevalo Nixon M
Seller's Agent
Kevin Tremblay
North Country Properties
Buyer's Agent
Kevin Tremblay
North Country Properties
List Price
$115,000
Sold Price
$60,000
Premium/Discount to List
-$55,000
-47.83%
Total Days on Market
957
Current Estimated Value
$149,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,000
Avg. Annual Appreciation
45.51%

Purchase Details

Listed on
Sep 22, 2016
Closed on
May 10, 2017
Sold by
Rodrigues Miguel B and Rodrigues Argentina A
Bought by
C M Liberatore Properties
Seller's Agent
Kevin Tremblay
North Country Properties
Buyer's Agent
Kevin Tremblay
North Country Properties
List Price
$120,000
Sold Price
$115,000
Premium/Discount to List
-$5,000
-4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-15.08%
Original Mortgage
$97,750
Interest Rate
4.14%
Mortgage Type
New Conventional

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
Rios-Arevalo Nixon M -- None Available
Rios-Arevalo Nixon M -- None Available
C M Liberatore Properties -- --
C M Liberatore Properties -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner C M Liberatore Properties $97,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2021 04/30/21 Sold $60,000 -47.8% $23 / Sq Ft
04/11/2021 04/11/21 Pending -- -- --
08/27/2018 08/27/18 For Sale $115,000 0.0% $45 / Sq Ft
05/09/2017 05/09/17 Sold $115,000 -4.2% $45 / Sq Ft
04/26/2017 04/26/17 Pending -- -- --
09/22/2016 09/22/16 For Sale $120,000 -- $46 / 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 $2,566 $130,900 $11,200 $119,700
2023 $2,579 $130,900 $11,200 $119,700
2022 $2,598 $129,900 $10,200 $119,700
2021 $2,546 $129,900 $10,200 $119,700
2020 $2,546 $129,900 $10,200 $119,700
2019 $2,546 $129,900 $10,200 $119,700
2018 $2,546 $129,900 $10,200 $119,700
2017 $2,481 $129,900 $10,200 $119,700
2016 $2,416 $129,900 $10,200 $119,700
2015 $2,416 $129,900 $10,200 $119,700
2014 $2,299 $129,900 $10,200 $119,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1367677

Maine Listings

APN: DEXT-000010-000000-000127