NOT LISTED FOR SALE

15 School St Livermore Falls, ME 04254

Estimated Value: $173,000 - $240,000

5 Beds
3 Baths
2,533 Sq Ft
$88/Sq Ft Est. Value

Last Sold June 14, 2024

Last sale price $230,000 $91 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,272/month

6 Days on Market

Highlights

  • River Nearby
  • No HOA
  • Baseboard Heating
  • Main Floor Bedroom
  • Zoned Heating
  • Lot Has A Rolling Slope

About This Home

As of June 2024

Nestled in Livermore Falls, this charming three-unit multifamily property is conveniently located close to the center of town. With each unit fully occupied, the property offers the perfect investment to grow your portfolio. Surrounded by the picturesque beauty of Maine's countryside, tenants enjoy a peaceful retreat while still being close to all the action. Whether it's a leisurely stroll through the town center or a scenic hike along nearby trails, this multifamily property offers the perfect blend of urban convenience and rural serenity, making it an ideal place to grow your investments. Schedule your tour today!

Last Agent to Sell the Property

Dan Coleman

Androvise Realty Listed on: 05/03/2024

Last Buyer's Agent

Kelly Sahabo

EXP Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,205

Year Built

  • Built in 1900

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Has A Rolling Slope

Home Design

  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Metal Roof
  • Clap Board Siding
  • Clapboard

Interior Spaces

  • 2,533 Sq Ft Home
  • 3-Story Property
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 3 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement
  • Brick Basement
  • Interior Basement Entry
  • Dirt Floor
  • Crawl Space

Parking

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

Utilities

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

Additional Features

  • River Nearby
  • City Lot

Listing and Financial Details

  • Tax Lot 95
  • Assessor Parcel Number LVMF-000018-000000-000095

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $13,427
  • Gross Income $33,444

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,205

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.18
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: GPS Friendly From Main St in Livermore Falls, Turn onto Church St and immediately stay right on Union St. Straight through the stop sign and building is on the right.
  • Above Grade Finished Sq Ft: 2533.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Building Stories: 3
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 88.82
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.18
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2533.0
  • Property Information:Garage: No
  • 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
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Basement:Unfinished: Yes
  • Roof:Metal: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Basement:Partial: Yes
  • Property Information:Number of Units: 3
  • Foundation Materials:BrickMortar2: Yes
  • Foundation Materials:Stone: Yes
  • Exterior:Clapboard: Yes
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 33444.0
  • Income Expenses Operating Expenses: 13426.87
  • Style:Multi-Level: Yes
  • Basement:Crawl Space: Yes
  • Basement:Dirt Floor: Yes
  • Roof:Pitched: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:RiverBrookStream: Yes
  • Basement:BrickMortar: Yes
  • Driveway:Gravel: Yes
  • Equipment:Internet Access Available: Yes
  • Site:RollingSloping: Yes
  • Property Information:Bank Owned REO: No
  • Equipment:Cable: Yes
  • Building Info:_pound_ Floors3: 3
  • Advertising Remarks:Advertising Remarks: Fully occupied 3 Unit Multi Family Building Owner occupy or add to or begin you investment portfolio. Quiet and convenient location close to the town center. Parking on both sided of the building. New Furnace in 2018.
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Other Equipment: Internet Access Available, Cable
  • Has Basement: Brick/Mortar, Dirt Floor, Crawl Space, Full, Partial, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Fireplace: No
  • Flooring: Vinyl, Laminate, Carpet
  • Interior Amenities: 1st Floor Bedroom
  • Stories: 3
  • Full Basement: Yes

Exterior Features

  • Lot Features: Right of Way, Rolling Slope, Intown, Near Town
  • Waterfront: No
  • Construction Type: Clapboard, Wood Frame
  • Foundation Details: Stone, Brick/Mortar
  • Roof: Metal, Pitched, Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup
  • 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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7840.8
  • Parcel #: LVMF-000018-000000-000095
  • Zoning: Residential

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 33444.0
  • Annual Operating Expense: 13426.87

Tax Info

  • Tax Annual Amount: 1205.0
  • Tax Lot: 95
  • Tax Year: 23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 2, 2022
Sold by
Western Maine Prop Llc
Bought by
Jdr Holdings Llc
Current Estimated Value
$221,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Outstanding Balance
$72,213
Interest Rate
5.11%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$149,737

Purchase Details

Closed on
Mar 21, 2017
Sold by
Lovewell Brianne D
Bought by
Alexander Joel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,000
Interest Rate
4.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 29, 2013
Sold by
Townley Stephen N and Townley Victoria W
Bought by
Lovewell Brianne D

Purchase Details

Closed on
Sep 27, 2011
Sold by
Spiller Juanita E and Equable Ascent Financial
Bought by
Soundview Home Loan T and Deutsche Bank Natl T Co
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Jdr Holdings Llc -- None Available
Alexander Joel A -- --
Alexander Joel A -- --
Lovewell Brianne D -- --
Lovewell Brianne D -- --
Soundview Home Loan T -- --
Soundview Home Loan T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jdr Holdings Llc $76,000
Previous Owner Alexander Joel A $8,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2024 06/14/24 Sold $230,000 +2.2% $91 / Sq Ft
05/10/2024 05/10/24 Pending -- -- --
05/03/2024 05/03/24 For Sale $224,990 -- $89 / 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 $1,290 $49,700 $9,700 $40,000
2023 $1,205 $49,700 $9,700 $40,000
2022 $1,143 $49,700 $9,700 $40,000
2021 $1,153 $49,700 $9,700 $40,000
2020 $1,153 $49,700 $9,700 $40,000
2019 $1,123 $49,700 $9,700 $40,000
2018 $1,074 $49,700 $9,700 $40,000
2017 $1,074 $49,700 $9,700 $40,000
2016 $1,039 $49,700 $9,700 $40,000
2015 $1,049 $49,700 $9,700 $40,000
2014 $1,049 $49,700 $9,700 $40,000
2013 $1,034 $49,700 $9,700 $40,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1588347

Maine Listings

APN: LVMF-000018-000000-000095