NOT LISTED FOR SALE

1422 State Rd Eliot, ME 03903

South Eliot Neighborhood

Estimated Value: $572,761 - $714,000

4 Beds
3 Baths
2,008 Sq Ft
$323/Sq Ft Est. Value

Last Sold November 17, 2023

Last sale price $610,000 $304 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,109/month

19 Days on Market

Highlights

  • 1.8 Acre Lot
  • Wooded Lot
  • Hot Water Heating System
  • Deck
  • 2 Car Detached Garage
  • Open Lot

About This Home

As of November 2023

The opportunity you've been looking for is here! This handsome and spacious duplex presents the perfect chance for you to occupy one side and have a very attractive and easy-to-rent apartment on the other. The units are mirror image, with the exception of the finished space in the lower level of Unit A (right side). This awesome bonus square footage provides you with a large family room, a den/office, a wet bar and a full bath. As you enter into each apartment, there's a room just off the hall that would make a great spot if you're working from home. The large kitchens are open to the living rooms, making the floor plan desirable for daily living or entertaining. Sliders off the back lead to a deck. First floor rounds out with a half bath off the kitchen. Upstairs you'll have a generous primary bedroom, a second bedroom and a full bath. Unit B has was extensively renovated back in 2021. The property is nicely set back from the road and features a two-car detached garage with storage above. A nearly two acre lot provides you'll have plenty of space all around. The location of the property is prime. It's directly across from the William Fogg Library and just a short drive to Route 95, downtown Kittery and Portsmouth. This spot puts you right in the mix for all that the Seacoast has to offer! Come take a look at this fine property.

Last Listed By

Michael Rudolph

RE/MAX Shoreline License #035561 Listed on: 07/26/2023

RE/MAX Shoreline

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,681

Year Built

  • Built in 1989

Lot Details

  • 1.8 Acre Lot
  • Open Lot
  • Lot Sloped Up
  • Wooded Lot

Parking

  • 2 Car Detached Garage
  • Dirt Driveway
  • Off-Street Parking

Home Design

  • Duplex
  • Poured Concrete
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding

Interior Spaces

  • 3 Full Bathrooms
  • 2-Story Property

Flooring

  • Carpet
  • Laminate
  • Vinyl

Finished Basement

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

Outdoor Features

  • Deck

Utilities

  • Hot Water Heating System
  • Heating System Uses Gas
  • Separate Meters
  • Private Water Source
  • Drilled Well
  • Liquid Propane Gas Water Heater
  • Shared Septic
  • Septic Design Available
  • Private Sewer
  • Leach Field
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 25

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Gas Meters
  • Operating Expense $6,681
  • Gross Income $37,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,681

Year Built

Built in 1989

Lot Details

0

Parking

2

Listing Details

  • Status Detail: Closed
  • Style: Duplex
  • Directions: From Town Hall, take State Road (Route 103) toward the Old Road intersection. Property is located across the street from the William Fogg Library.
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 303.78
  • Year Built: 1989
  • Remarks Public: The opportunity you've been looking for is here! This handsome and spacious duplex presents the perfect chance for you to occupy one side and have a very attractive and easy-to-rent apartment on the other. The units are mirror image, with the exception of the finished space in the lower level of Unit A (right side). This awesome bonus square footage provides you with a large family room, a den/office, a wet bar and a full bath. As you enter into each apartment, there's a room just off the hall that would make a great spot if you're working from home. The large kitchens are open to the living rooms, making the floor plan desirable for daily living or entertaining. Sliders off the back lead to a deck. First floor rounds out with a half bath off the kitchen. Upstairs you'll have a generous primary bedroom, a second bedroom and a full bath. Unit B has was extensively renovated back in 2021. The property is nicely set back from the road and features a two-car detached garage with storage above. A nearly two acre lot provides you'll have plenty of space all around. The location of the property is prime. It's directly across from the William Fogg Library and just a short drive to Route 95, downtown Kittery and Portsmouth. This spot puts you right in the mix for all that the Seacoast has to offer! Come take a look at this fine property.
  • List Agent: 22731
  • Unique Disclaimer: The listing broker's offer of compensation is made only to other real estate licensees who are participant members of PrimeMLS.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Laminate, Vinyl
  • Total Rooms Above Ground: 12
  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Finished, Full, Unfinished
  • Sq Ft - Apx Finished AG: 2008
  • Sq Ft - Apx Finished BG: 500
  • Sq Ft - Apx Unfinished BG: 182

Exterior Features

  • Construction: Wood Frame
  • Driveway: Dirt
  • Exterior: Clapboard
  • Foundation: Poured Concrete
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt
  • Features Exterior: Deck

Garage/Parking

  • Garage Capacity: 2
  • Parking: Off Street, Parking Spaces 5 - 10
  • Garage: Yes
  • Garage Type: Detached

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Leach Field, Private, Septic Design Available, Septic Shared
  • Water: Drilled Well, Private
  • Water Heater: Gas - LP/Bottle
  • Heating Fuel: Gas - LP/Bottle
  • Heating: Hot Water
  • Separate Utilities: Yes
  • Total Electric Meters: 2
  • Total Gas Meters: 2
  • Total Heat Units: 3
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Total Water Heaters: 2
  • Utilities: Cable - Available

Lot Info

  • Map: 27
  • Lot: 25
  • Lot Sq Ft: 78408
  • Lot Acres: 1.8
  • Lot Description: Open, Sloping, Wooded
  • Surveyed: Unknown
  • Zoning: VD
  • Deed Book: 13482
  • Deed Page: 174
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 37500
  • Total Full Baths: 3
  • Total Units: 2
  • Total2 Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 4681
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2023
Closed on
Nov 17, 2023
Sold by
Kavanaugh Neil R and Kavanaugh Michele J
Bought by
Eugenio Joseph F and Eugenio Sonia R
Seller's Agent
Michael Rudolph
RE/MAX Shoreline
Buyer's Agent
Michael Rudolph
RE/MAX Shoreline
List Price
$625,000
Sold Price
$610,000
Premium/Discount to List
-$15,000
-2.4%
Total Days on Market
19
Views
156
Current Estimated Value
$659,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,997
Avg. Annual Appreciation
4.33%
Original Mortgage
$305,000
Outstanding Balance
$300,946
Interest Rate
7.49%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$347,744

Range of Values:

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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
Eugenio Joseph F $610,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eugenio Joseph F $305,000
Previous Owner Kavanaugh Neil $279,000
Previous Owner Kavanaugh Michele J $322,500
Previous Owner Kavanaugh Neil R $43,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2023 11/17/23 Sold $610,000 -2.4% $304 / Sq Ft
08/14/2023 08/14/23 Pending -- -- --
07/26/2023 07/26/23 For Sale $625,000 -- $311 / Sq Ft
Source: PrimeMLS

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 $5,404 $456,000 $155,900 $300,100
2023 $4,744 $387,300 $145,600 $241,700
2022 $4,681 $386,900 $145,600 $241,300
2021 $4,621 $342,300 $111,000 $231,300
2020 $4,926 $335,100 $105,900 $229,200
2019 $4,391 $335,100 $105,900 $229,200
2018 $4,926 $335,100 $105,900 $229,200
2017 $4,792 $335,100 $105,900 $229,200
2016 $4,708 $335,100 $105,900 $229,200
2015 $4,691 $335,100 $105,900 $229,200
2014 $4,624 $335,100 $105,900 $229,200
2013 $4,413 $335,100 $105,900 $229,200
Source: Public Records

Agents Affiliated with this Home

  • Michael Rudolph

    Seller's Agent in 2023

    Michael Rudolph

    RE/MAX

    (603) 501-3840

    1 in this area

    153 Total Sales

    Michael Rudolph
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Map

Source: PrimeMLS

MLS Number: 4962962

PrimeMLS

APN: ELIO-000027-000025

Maine York County Eliot 03903 South Eliot

1422 State Rd, Eliot, ME

Homes for Sale in Eliot, ME

This home is located at 1422 State Rd, Eliot, ME 03903 since 26 July 2023 and is currently estimated at $648,690, approximately $323 per square foot. This property was built in 1989. 1422 State Rd is a home located in York County with nearby schools including Marshwood High School and Seacoast Waldorf School.

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