NOT LISTED FOR SALE

15 Bayview St Belfast, ME 04915

Estimated Value: $544,000 - $994,000

5 Beds
4 Baths
2,016 Sq Ft
$374/Sq Ft Est. Value

Last Sold December 16, 2020

Last sale price $402,500 $200 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $4,687/month

30 Days on Market

Highlights

  • Nearby Water Access
  • Property Fronts a Bay or Harbor
  • Deck
  • Public Beach
  • Colonial Architecture
  • Main Floor Bedroom

About This Home

As of December 2020

This historic 1875 duplex, located in a quiet, low traffic neighborhood offers water views and proximity to the Boat House and Heritage Park, the Farmers' Market, Harbor Walk, Rail Trail, and all that downtown Belfast offers. Live in one unit and rent the other, or easily rent both units in this very popular year-round and summer location. Unit 1 has 2 bedrooms and a full bath, and unit 2 has 3 bedrooms and 3 full baths. Both units have laundries and both have been extensively renovated and insulated; new floors throughout. Also listed a single family house MLS 1471145

Last Agent to Sell the Property

Elaine Tucker

Realty of Maine Listed on: 10/01/2020

Realty of Maine

Last Buyer's Agent

Nancy Falvey

Better Homes & Gardens Real Estate/The Masiello Group

Better Homes & Gardens Real Estate/The Masiello Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,914

Year Built

  • Built in 1875

Lot Details

  • 5,227 Sq Ft Lot
  • Property Fronts a Bay or Harbor
  • River Front
  • Public Beach
  • Level Lot
  • Open Lot

Property Views

  • Water
  • Scenic Vista

Home Design

  • Duplex
  • Colonial Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 2,016 Sq Ft Home
  • 3-Story Property
  • Double Pane Windows
  • Laundry on main level

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Walk-In Closet
  • 4 Full Bathrooms
  • Bathtub

Unfinished Basement

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

Parking

  • Common or Shared Parking
  • Gravel Driveway
  • Shared Driveway
  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Nearby Water Access
  • Deep Water Access
  • Deck

Utilities

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

Listing and Financial Details

  • Tax Lot 100
  • Assessor Parcel Number BELF-000037-000000-000100

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $9,997
  • Gross Income $26,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,914

Year Built

Built in 1875

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.12
  • Road Surface Type: Paved
  • Water Body Name: Belfast Harbor, Penobscot Bay
  • MLS Status: Closed
  • Directions: From the center of Belfast where High St. and Main St. intersect, drive south on High St. for 3 blocks and turn left onto Commercial St. Drive 2 blocks and turn right onto Bayview St. House is on the right. Sign is up.
  • Above Grade Finished Sq Ft: 2016.0
  • Architectural Style: Duplex, Colonial
  • Garage Yn: No
  • Efficiency: Double Pane Windows
  • Building Stories: 3
  • Year Built: 1875
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 210.81
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.12
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 2016.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Amenities:One-Floor Living: Yes
  • Basement:Unfinished: Yes
  • Roof:Metal: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Amenities:Walk-in Closets: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:Stone: Yes
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 26500.0
  • Income Expenses Operating Expenses: 9997.0
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Style:Colonial: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Style:Duplex: Yes
  • Recreational Water:Nearby: Yes
  • Basement:BrickMortar: Yes
  • Driveway:Gravel: Yes
  • Equipment:Internet Access Available: Yes
  • View:Scenic: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Water Heater:Tank: Yes
  • Transportation:Deep Water Access: Yes
  • Building Info:_pound_ Floors3: 3
  • Advertising Remarks:Advertising Remarks: This historic 1875 duplex, located in a quiet, low traffic neighborhood has water views and proximity to the Boat House, Harbor Walk, Rail Trail, Farmers' Market, and all that downtown Belfast offers. Live in one unit and rent the other, or easily rent both units in this very popular year-round and summer location. Unit 1 has 2 bedrooms and a full bath, and unit 2 has 3 bedrooms and 3 full baths. Both units have laundries and both have been extensively renovated and insulated; new floors throughout. Contact Elaine Tucker, Realty of Maine, 207-323-1836, elainetuckermaine@gmail.com
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Brick/Mortar, Full, Interior Entry, Unfinished
  • Full Bathrooms: 4
  • Flooring: Vinyl, Laminate, Carpet
  • Interior Amenities: 1st Floor Bedroom, Bathtub, One-Floor Living, Walk-In Closet(s)
  • Stories: 3
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood
  • View: Scenic
  • Waterfront Features: Bay, Harbor, River
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Stone, Other
  • Patio And Porch Features: Deck
  • Roof: Metal
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Gravel, Common, On Site, Off Street

Utilities

  • Laundry Features: Laundry - 1st Floor, Upper Level, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, 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 Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5227.2
  • Parcel #: BELF-000037-000000-000100
  • Zoning: R-1

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 26500.0
  • Annual Operating Expense: 9997.0

Tax Info

  • Tax Annual Amount: 5914.0
  • Tax Lot: 100
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2020
Closed on
Dec 16, 2020
Sold by
Debbie L Murphy Ret
Bought by
Milligan Scott and Milligan Michelle E
Seller's Agent
Elaine Tucker
Realty of Maine
Buyer's Agent
Nancy Falvey
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$450,000
Sold Price
$402,500
Premium/Discount to List
-$47,500
-10.56%
Current Estimated Value
$753,819

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$351,319
Avg. Annual Appreciation
13.20%
Original Mortgage
$362,250
Outstanding Balance
$322,511
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$431,308

Purchase Details

Closed on
Jun 6, 2007
Sold by
Dumont Joseph G and Dumont Melissa D
Bought by
Connolly Kathleen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
6.17%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 19, 2005
Sold by
Sutherland Carl L
Bought by
Dumont Joseph G and Dumont Melissa D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
6.34%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Milligan Scott -- None Available
Connolly Kathleen A -- --
Dumont Joseph G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Milligan Scott $362,250
Previous Owner Connolly Kathleen A $184,000
Previous Owner Dumont Joseph G $188,000
Previous Owner Dumont Joseph G $23,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/16/2020 12/16/20 Sold $402,500 -10.6% $200 / Sq Ft
11/01/2020 11/01/20 Pending -- -- --
10/01/2020 10/01/20 For Sale $450,000 +109.3% $223 / Sq Ft
01/04/2013 01/04/13 Sold $215,000 -13.7% $107 / Sq Ft View Prior Sale
10/02/2012 10/02/12 Pending -- -- --
07/07/2011 07/07/11 For Sale $249,000 -- $124 / 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 $8,991 $583,800 $184,000 $399,800
2023 $7,517 $374,000 $112,600 $261,400
2022 $7,539 $352,300 $112,600 $239,700
2021 $6,118 $278,100 $112,600 $165,500
2020 $5,914 $253,800 $103,900 $149,900
2019 $5,812 $253,800 $103,900 $149,900
2018 $5,761 $253,800 $103,900 $149,900
2017 $5,558 $253,800 $103,900 $149,900
2016 $4,628 $202,100 $52,000 $150,100
2015 $4,527 $202,100 $52,000 $150,100
2014 $4,375 $202,100 $52,000 $150,100
2013 $4,204 $202,100 $52,000 $150,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1471091

Maine Listings

APN: BELF-000037-000000-000100