$62,000
SOLD DEC 8, 2017

1432 Main Rd Eddington, ME 04428

-- Bed
4 Baths
4,020 Sq Ft
3.58 Acres

Recently Sold

$15 Per Sq Ft

35% Below List Price

129 Days on Market

Highlights

  • 432 Feet of Waterfront
  • Colonial Architecture
  • Home fronts a stream
  • 3.58 Acre Lot
  • No HOA
  • Baseboard Heating

About This Home

As of February 2024

Remarkable Investment Opportunity. This 4 unit multi-family offers 2 bedroom and 1 bath per unit. Two units up on the second floor and two units down on the first floor. Large parcel with ample on-site parking. Each unit has a dedicated electrical meter. Repairs needed throughout such as roof replacement needed and freeze damage repairs needed to the plumbing & heating system. Priced to sell. Being offered for sale AS-IS/WHERE-IS.

Last Agent to Sell the Property

David Caliendo

CENTURY 21 Queen City Real Estate Listed on: 06/26/2017

CENTURY 21 Queen City Real Estate

Co-Listed By

Jennifer Caliendo

CENTURY 21 Queen City Real Estate

Last Buyer's Agent

John Walker

First Choice Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 3.58 Acre Lot
  • Home fronts a stream
  • 432 Feet of Waterfront
  • Rural Setting
  • Level Lot
  • Open Lot

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 4 Full Bathrooms
  • 4,020 Sq Ft Home
  • 2-Story Property

Unfinished Basement

  • Partial Basement
  • Exterior Basement Entry
  • Crawl Space

Parking

  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Outbuilding

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Private Sewer

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 3
  • Assessor Parcel Number 028-003

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 3.58
  • Road Surface Type: Paved
  • Water Body Name: Brook
  • Co List Office Mls Id: 1198
  • Co List Office Phone: 207-942-4618
  • MLS Status: Closed
  • Directions: Main Road is also known as State Route # 9. The property is located proximate to the intersection of Route # 9 and Route # 46 (Jarvis Gore).
  • Above Grade Finished Sq Ft: 4020.0
  • Architectural Style: Colonial
  • Building Stories: 2
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 3.58
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 4020.0
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Exterior:Vinyl Siding: Yes
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Basement:Partial: Yes
  • Property Information:Number of Units: 4
  • Foundation Materials:Stone: Yes
  • Building Info:_pound_ Stories2: 2
  • Style:Colonial: Yes
  • Basement:Crawl Space: Yes
  • Sewer:Private Sewer: Yes
  • Location:Rural: Yes
  • Water Info:Waterfront Amount -: 432.0
  • Water Info:Water Frontage Owned -: 432.0
  • Driveway:Gravel: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: Yes
  • Basement Entry:Exterior Only: Yes
  • Building Info:_pound_ Floors3: 2
  • Other Structures:Out Building: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Crawl Space, Other, Partial, Exterior Only, Unfinished
  • Full Bathrooms: 4
  • Fireplace: No
  • Flooring: Other
  • Stories: 2

Exterior Features

  • Lot Features: Level, Open Lot, Rural
  • Waterfront Features: Brook
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Stone
  • Other Structures: Outbuilding
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Gravel, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 155944.8
  • Parcel #: 028-003
  • Zoning: rural

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 3151.0
  • Tax Book Number: 14520
  • Tax Lot: 3
  • Tax Map Number: 28
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2023
Closed on
Feb 23, 2024
Sold by
Ross Tyler O
Bought by
Mccluskey Jacob and Mccluskey Amanda
Seller's Agent
Lewis Morris Nicole Drake
NextHome Experience
Buyer's Agent
Sarah Ryan
Harris Real Estate
List Price
$389,900
Sold Price
$350,000
Premium/Discount to List
-$39,900
-10.23%
Views
4
Current Estimated Value
$349,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$912
Avg. Annual Appreciation
4.13%
Original Mortgage
$343,660
Outstanding Balance
$339,289
Interest Rate
6.66%
Mortgage Type
FHA
Estimated Equity
$31,432

Purchase Details

Closed on
Sep 30, 2021
Sold by
Runnells Properties Llc
Bought by
Oxton-Ross Tyler

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,471
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 26, 2017
Closed on
Dec 12, 2017
Sold by
Lnv Corp
Bought by
Runnells Derek
Seller's Agent
David Caliendo
CENTURY 21 Queen City Real Estate
Buyer's Agent
John Walker
First Choice Real Estate
List Price
$94,900
Sold Price
$62,000
Premium/Discount to List
-$32,900
-34.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.37%
Original Mortgage
$148,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2017
Sold by
Shorey Cheryl and Lnv Corp
Bought by
Lnv Corp

Purchase Details

Closed on
Jun 18, 2013
Sold by
Deutsche Bk Natl T Co Tr
Bought by
Shorey Cheryl
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $350,000 None Available
Warranty Deed -- None Available
Warranty Deed $62,000 --
Foreclosure Deed -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $343,660 FHA
Previous Owner $245,471 FHA
Previous Owner $148,000 New Conventional
Previous Owner $153,750 Commercial
Previous Owner $104,000 Commercial
Previous Owner $26,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2024 02/23/24 Sold $350,000 -10.2% $87 / Sq Ft
12/11/2023 12/11/23 Pending -- -- --
12/01/2023 12/01/23 For Sale $389,900 +528.9% $97 / Sq Ft
12/08/2017 12/08/17 Sold $62,000 -34.7% $15 / Sq Ft
11/03/2017 11/03/17 Pending -- -- --
06/26/2017 06/26/17 For Sale $94,900 -- $24 / 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 $4,481 $226,909 $33,870 $193,039
2023 $3,937 $226,909 $33,870 $193,039
2022 $3,710 $226,909 $33,870 $193,039
2021 $3,632 $209,360 $33,870 $175,490
2020 $3,706 $209,360 $33,870 $175,490
2019 $3,885 $209,360 $33,870 $175,490
2018 $3,266 $209,360 $33,870 $175,490
2017 $3,360 $209,360 $33,870 $175,490
2016 $3,151 $209,360 $33,870 $175,490
2015 $2,990 $209,360 $33,870 $175,490
2014 $2,990 $209,360 $33,870 $175,490
Source: Public Records

Agents Affiliated with this Home

  • Lewis Morris Nicole Drake

    Seller's Agent in 2024

    Lewis Morris Nicole Drake

    NextHome Experience

    (207) 343-0143

    2 in this area

    335 Total Sales

    Section Image

  • S

    Buyer's Agent in 2024

    Sarah Ryan

    Harris Real Estate

  • D

    Seller's Agent in 2017

    David Caliendo

    CENTURY 21 Queen City Real Estate

    Section Image

  • J

    Seller Co-Listing Agent in 2017

    Jennifer Caliendo

    CENTURY 21 Queen City Real Estate

  • John Walker

    Buyer's Agent in 2017

    John Walker

    First Choice Real Estate

    (207) 504-1456

    1 in this area

    136 Total Sales

    Section Image
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Map

Source: Maine Listings

MLS Number: 1314497

Maine Listings

APN: EDDI-000028-000000-000003

Maine Penobscot County Eddington 04428

1432 Main Rd, Eddington, ME

This home is located at 1432 Main Rd, Eddington, ME 04428 and is currently priced at $62,000, approximately $15 per square foot. This property was built in 1900. 1432 Main Rd is a home located in Penobscot County.

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