NOT LISTED FOR SALE

140 River Rd Orrington, ME 04474

Estimated Value: $293,000 - $589,845

Studio
4 Baths
1,680 Sq Ft
$266/Sq Ft Est. Value

Sale Details

Date Sold: April 21, 2023

Last sale price $485,000 $289 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $2,689 / mo

17 Days on Market

Highlights

  • Country Club
  • Deck
  • Corner Lot
  • View of Trees or Woods
  • Wood Flooring
  • No HOA

About This Home

As of April 2023

Investors take notice! 4-unit complex. Recently renovated and well maintained. Close to the I-95, downtown Brewer, and Bangor. Each unit has 2 bedrooms, 1 bathroom. All units have direct access to the backyard. The full basement houses the equipment and additional storage.

Last Agent to Sell the Property

Lewis Morrison Nicole Drake

NextHome Experience Listed on: 03/09/2023

NextHome Experience

Last Buyer's Agent

Tara Roy

Realty of Maine

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,051

Year Built

  • Built in 1960

Lot Details

  • 16,553 Sq Ft Lot
  • Street terminates at a dead end
  • Landscaped
  • Corner Lot
  • Level Lot

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,680 Sq Ft Home
  • Multi-Level Property
  • Storage
  • Washer and Dryer Hookup
  • Views of Woods

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 4 Full Bathrooms
  • Bathtub
  • Shower Only

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near golf course and shops

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 0.38
  • Assessor Parcel Number ORRI-000026-000000-000022

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Community Storage Space

Recreation

  • Country Club

Pet Policy

  • Breed Restrictions

Building Details

  • Operating Expense $12,000
  • Gross Income $65,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,051

Year Built

Built in 1960

Lot Details

0.38 Acres

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.38
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Interstate 95, exit at Brewer route 15. Stay on route 15, building is on left at corner of New Meadows Rd.
  • Above Grade Finished Sq Ft: 1680.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Year Built: 1960
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 297.56
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.38
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 1680.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Storage: Yes
  • Exterior:Vinyl Siding: Yes
  • Restrictions:Breed Restrictions: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Roof:Metal: Yes
  • Amenities:Walk-in Closets: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 4
  • Heat System:Multi-Zones: Yes
  • Income Expenses Gross Income: 65400.0
  • Income Expenses Operating Expenses: 12000.0
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Amenities:Bathtub: Yes
  • Parking:Paved3: Yes
  • Property Information:Short Sale Continue to Show: No
  • Basement:Slab2: Yes
  • Roads:Dead End: Yes
  • View:TreesWoods: Yes
  • Location:Near Country Club: Yes
  • Basement:Sump Pump: Yes
  • Heat System:Direct Vent Furnace: Yes
  • Advertising Remarks:Advertising Remarks: Investors take notice! 4-unit complex. Recently renovated and well maintained. Close to the I-95, downtown Brewer, and Bangor. Each unit has 2 bedrooms, 1 bathroom. All units have direct access to the backyard. The full basement houses the equipment and additional storage.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Walk-Out Access, Full, Sump Pump, Unfinished
  • Full Bathrooms: 4
  • Fireplace: No
  • Flooring: Wood, Tile
  • Interior Amenities: Bathtub, Shower, Walk-In Closet(s), Storage
  • Full Basement: Yes

Exterior Features

  • Lot Features: Corner Lot, Level, Sidewalks, Landscaped, Near Golf Course, Near Shopping, Shopping Mall
  • View: Trees/Woods
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Slab
  • Patio And Porch Features: Deck, Patio
  • Roof: Metal
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Direct Vent Furnace, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Breed Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 16552.8
  • Parcel #: ORRI-000026-000000-000022
  • Zoning: 0

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 65400.0
  • Annual Operating Expense: 12000.0

Tax Info

  • Tax Annual Amount: 3051.0
  • Tax Lot: 0.38
  • Tax Year: 2022

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2023
Closed on
Apr 21, 2023
Sold by
Bought by
Seller's Agent
Lewis Morrison Nicole Drake
NextHome Experience
Buyer's Agent
Tara Roy
Realty of Maine
List Price
$499,900
Sold Price
$485,000
Premium/Discount to List
-$14,900
-2.98%
Current Estimated Value
$446,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$38,039
Avg. Annual Appreciation
-2.51%
Original Mortgage
$348,000
Outstanding Balance
$336,404
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$110,557
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$485,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $348,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/21/2023 04/21/23 Sold $485,000 -3.0% $289 / Sq Ft
03/26/2023 03/26/23 Pending -- -- --
03/09/2023 03/09/23 For Sale $499,900 -- $298 / Sq Ft
Source: Maine Listings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,464 $301,200 $57,900 $243,300
2024 $3,121 $286,300 $54,400 $231,900
2023 $2,972 $270,200 $50,600 $219,600
2022 $3,051 $239,300 $50,600 $188,700
2021 $3,141 $209,400 $50,600 $158,800
2020 $2,875 $200,300 $50,600 $149,700
2019 $10,282 $200,300 $50,600 $149,700
2018 $2,784 $200,300 $50,600 $149,700
2017 $2,784 $200,300 $50,600 $149,700
2016 $2,464 $214,300 $38,000 $176,300
2015 $3,003 $209,300 $38,000 $171,300
2014 $3,121 $217,500 $38,000 $179,500
2013 $2,925 $217,500 $38,000 $179,500
Source: Public Records

Agents Affiliated with this Home

  • T

    Buyer's Agent in 2023

    Tara Roy

    Realty of Maine

See All Agents

Map

Source: Maine Listings

MLS Number: 1553585

Maine Listings

APN: ORRI-000026-000000-000022

Maine Penobscot County Orrington 04474

140 River Rd, Orrington, ME

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