NOT LISTED FOR SALE

15 Ridge Rd Bowdoinham, ME 04008

Estimated Value: $327,970 - $423,000

5 Beds
2 Baths
2,160 Sq Ft
$171/Sq Ft Est. Value

Last Sold October 01, 2018

Last sale price $160,000 $74 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $2,210/month

77 Days on Market

Highlights

  • View of Trees or Woods
  • No HOA
  • Bathtub
  • New Englander Architecture
  • Interior Lot
  • Forced Air Heating System

About This Home

As of October 2018

This 2-family duplex is located conveniently within a short walk to a grocery store and boat launch on the Cathance River. With many recent upgrades, there is opportunity to live in one unit and continue to improve upon and enhance your investment or rent them both.

Last Agent to Sell the Property

Rosalie Mulligan

Maine Coastal Properties LLC Listed on: 05/30/2018

Last Buyer's Agent

Meghan Murphy

CHR Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,860

Year Built

  • Built in 1900

Lot Details

  • 0.76 Acre Lot
  • Interior Lot
  • Level Lot
  • Open Lot

Home Design

  • Duplex
  • New Englander Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding
  • Clapboard

Interior Spaces

  • 2,160 Sq Ft Home
  • 2-Story Property
  • Views of Woods

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Full Bathrooms
  • Bathtub
  • Shower Only

Unfinished Basement

  • Partial Basement
  • Interior Basement Entry
  • Dirt Floor

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking

Location

  • City Lot

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Septic System
  • Private Sewer
  • Internet Available

Listing and Financial Details

  • Tax Lot 020
  • Assessor Parcel Number BOWN-000003-000000-00002

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $12,870
  • Gross Income $20,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,860

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.76
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From I295, take Exit 37 to Bowdoinham. Turn right at the end of the ramp. Travel approximately 2 miles; turn left on Route 24; turn left again on Ridge Road. The property is located on the right.
  • Above Grade Finished Sq Ft: 2160.0
  • Architectural Style: Duplex, New Englander
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 74.07
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.76
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2160.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Driveway:Common2: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Floors:Laminate: Yes
  • Basement:Partial: Yes
  • Property Information:Number of Units: 2
  • Exterior:Clapboard: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 20400.0
  • Income Expenses Operating Expenses: 12870.0
  • Amenities:Bathtub: Yes
  • Sewer:Private Sewer: Yes
  • Basement:Dirt Floor: Yes
  • Style:Duplex: Yes
  • View:TreesWoods: Yes
  • Equipment:Internet Access Available: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Sewer:Septic Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • View:Fields: Yes
  • Style:New Englander: Yes
  • Advertising Remarks:Advertising Remarks: This 2-family duplex is located conveniently within a short walk to a grocery store and boat launch on the Cathance River. With many recent upgrades, there is opportunity to live in one unit and continue to improve upon and enhance your investment or rent them both.
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Dirt Floor, Partial, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Fireplace: No
  • Flooring: Vinyl, Laminate
  • Interior Amenities: Bathtub, Shower
  • Location:Interior Lot: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Interior Lot, Intown, Near Town, Neighborhood
  • View: Trees/Woods, Fields
  • Waterfront: No
  • Construction Type: Clapboard, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved, Common

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Forced Air, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 33105.6
  • Parcel #: BOWN-000003-000000-00002
  • Zoning: R2

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 20400.0
  • Annual Operating Expense: 12870.0

Tax Info

  • Tax Annual Amount: 1860.0
  • Tax Lot: 020
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2023
Sold by
Gonyea Christopher D and Gonyea Cody D
Bought by
Gonyea Christopher D and Gonyea Cody D
Current Estimated Value
$368,993

Purchase Details

Listed on
May 30, 2018
Closed on
Oct 5, 2018
Sold by
Blease Heather D
Bought by
Gonyea Christopher D and Gonyea Cody D
Seller's Agent
Rosalie Mulligan
Maine Coastal Properties LLC
Buyer's Agent
Meghan Murphy
CHR Realty
List Price
$185,000
Sold Price
$160,000
Premium/Discount to List
-$25,000
-13.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.34%
Original Mortgage
$157,102
Interest Rate
4.5%
Mortgage Type
FHA
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

Date Buyer Sale Price Title Company
Gonyea Christopher D -- None Available
Gonyea Christopher D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gonyea Christopher D $157,102
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2018 10/01/18 Sold $160,000 -13.5% $74 / Sq Ft
08/16/2018 08/16/18 Pending -- -- --
05/30/2018 05/30/18 For Sale $185,000 -- $86 / 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 $3,207 $152,700 $54,800 $97,900
2023 $2,978 $152,700 $54,800 $97,900
2022 $2,306 $127,500 $45,700 $81,800
2021 $2,164 $127,500 $45,700 $81,800
2020 $2,082 $123,400 $45,700 $77,700
2019 $2,032 $123,400 $45,700 $77,700
2018 $1,893 $110,400 $45,700 $64,700
2017 $2,269 $110,400 $45,700 $64,700
2016 $1,827 $110,400 $45,700 $64,700
2015 $1,816 $110,400 $45,700 $64,700
2014 $1,794 $110,400 $45,700 $64,700
2013 $1,700 $110,400 $45,700 $64,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1352955

Maine Listings

APN: BOWN-000003-000000-000020U