NOT LISTED FOR SALE

15 Cottage St Norway, ME 04268

Estimated Value: $277,000 - $424,679

3 Beds
3 Baths
2,778 Sq Ft
$127/Sq Ft Est. Value

Last Sold September 25, 2014

Last sale price $99,000 $36 Per Sq Ft

Est. 256% increase in value since last sale

Current estimated payment $2,278/month

14 Days on Market

Highlights

  • Nearby Water Access
  • Porch
  • Bathtub
  • No HOA
  • Interior Lot
  • Level Entry For Accessibility

About This Home

As of September 2014

Excellent condition 2005 building with three rented one bedroom apartments on the first floor. Second floor ready to finish for three more apartments.

Last Agent to Sell the Property

Sandra Monzo

Biz Realty Listed on: 08/18/2014

Last Buyer's Agent

Karen Edwards

Biz Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2005

Lot Details

  • 5,663 Sq Ft Lot
  • Landscaped
  • Interior Lot
  • Level Lot
  • Open Lot

Parking

  • Gravel Driveway

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Full Bathrooms
  • Bathtub

Outdoor Features

  • Nearby Water Access
  • Porch

Utilities

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

Additional Features

  • Level Entry For Accessibility
  • City Lot

Listing and Financial Details

  • Tax Lot 097
  • Assessor Parcel Number 15Cottage StreetNorway27097

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Community Storage Space

Property Details

Home Type

Multi-Family

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.13
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Main Street,Norway,to Cottage Street,apartment on right.
  • Architectural Style: Multi-Level
  • Building Stories: 2
  • Year Built: 2005
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.13
  • Property Information:Total Baths: 3.0
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • 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
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Amenities:Storage: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 3
  • Building Info:_pound_ Stories2: 2
  • Style:Multi-Level: Yes
  • Amenities:Bathtub: Yes
  • Recreational Water:Nearby: Yes
  • Driveway:Gravel: Yes
  • Accessibilitiy Amenities:Level Entry: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Accessibility Features: Level Entry
  • Has Basement: Full
  • Full Bathrooms: 3
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Bathtub, Storage
  • Full Basement: Yes
  • Location:Interior Lot: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Sidewalks, Landscaped, Interior Lot, Intown, Near Shopping, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Gravel

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5662.8
  • Parcel #: 15Cottage StreetNorway27097
  • Zoning: residential

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 3120.0
  • Tax Book Number: 4814
  • Tax Lot: 097
  • Tax Map Number: 27
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2014
Closed on
Sep 26, 2014
Sold by
Micklon Vira P
Bought by
Northeast Rental Housing
Seller's Agent
Sandra Monzo
Biz Realty
Buyer's Agent
Karen Edwards
Biz Realty
List Price
$99,000
Sold Price
$99,000
Current Estimated Value
$352,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$253,670
Avg. Annual Appreciation
12.30%
Original Mortgage
$49,000
Interest Rate
4.12%
Mortgage Type
New Conventional
Source: Public Records

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
Northeast Rental Housing -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Northeast Rental Housing $1,300,000
Closed Northeast Rental Housing $49,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2014 09/25/14 Sold $99,000 0.0% $36 / Sq Ft
09/02/2014 09/02/14 Pending -- -- --
08/18/2014 08/18/14 For Sale $99,000 -- $36 / 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 $4,793 $268,961 $20,405 $248,556
2023 $3,954 $269,000 $20,400 $248,600
2022 $3,793 $269,000 $20,400 $248,600
2021 $4,054 $232,300 $18,600 $213,700
2020 $4,077 $232,300 $18,600 $213,700
2019 $4,077 $232,300 $18,600 $213,700
2018 $3,996 $232,300 $18,600 $213,700
2017 $3,996 $232,300 $18,600 $213,700
2015 $3,285 $206,600 $18,600 $188,000
2013 $3,121 $212,300 $18,600 $193,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1150640

Maine Listings

APN: NORY-000027-000000-000097