NOT LISTED FOR SALE

158 Lincoln Ave Rumford, ME 04276

Estimated Value: $149,000 - $219,782

-- Bed
2 Baths
2,642 Sq Ft
$75/Sq Ft Est. Value

Last Sold March 30, 2021

Last sale price $135,000 $51 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $1,288/month

62 Days on Market

Highlights

  • Attic
  • No HOA
  • Bathtub
  • Corner Lot
  • Enclosed Glass Porch
  • Zoned Heating

About This Home

As of March 2021

This home is located in town within walking distance of shopping, dining and many more amenities Rumford has to offer. Large front porch for outdoor entertaining. Excellent investment property. Great opportunity . It's a MUST SEE..****Motivated Seller***

Last Agent to Sell the Property

Cynthia Langton

Keller Williams Realty Listed on: 12/10/2020

Keller Williams Realty

Last Buyer's Agent

Albert Edwards

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,997

Year Built

  • Built in 1922

Lot Details

  • 7,405 Sq Ft Lot
  • Landscaped
  • Corner Lot
  • Level Lot
  • Open Lot

Parking

  • 2 Car Garage
  • Common or Shared Parking
  • Shared Driveway

Home Design

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

Interior Spaces

  • 2,642 Sq Ft Home
  • 2-Story Property
  • Storm Doors
  • ENERGY STAR Qualified Appliances
  • Attic

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Full Bathrooms
  • Bathtub
  • Shower Only

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Unfinished Basement

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

Utilities

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

Additional Features

  • Enclosed Glass Porch
  • City Lot

Listing and Financial Details

  • Tax Lot 213
  • Assessor Parcel Number RUMF-000112-000000-000213

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Additional Features

  • Community Storage Space
  • Gross Income $1,200,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,997

Year Built

Built in 1922

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.17
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: It's on the corner of Lincoln St. and Penobscot St. Sign on property
  • Above Grade Finished Sq Ft: 2642.0
  • Architectural Style: Multi-Level
  • Garage Yn: Yes
  • Efficiency: Storm Doors, Energy Star Appliances
  • Building Stories: 2
  • Year Built: 1922
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.17
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2642.0
  • Property Information:Garage: Yes
  • Site:Corner Lot: Yes
  • 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: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
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 1200000.0
  • Style:Multi-Level: Yes
  • Amenities:Bathtub: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Basement:Dirt Floor: Yes
  • Amenities:Attic: Yes
  • Equipment:Internet Access Available: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Water Heater:Tank: Yes
  • Energy Efficiency:Energy Star Appliances: Yes
  • Energy Efficiency:Storm Doors: Yes
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Dirt Floor, Full, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Flooring: Vinyl, Laminate, Carpet
  • Interior Amenities: Attic, Bathtub, Shower, Storage
  • Full Basement: Yes

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Paved, Common

Utilities

  • Laundry Features: Laundry - 1st Floor, Upper Level, Main Level, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On, Pole
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7405.2
  • Parcel #: RUMF-000112-000000-000213
  • Zoning: None

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 1200000.0

Tax Info

  • Tax Annual Amount: 2997.0
  • Tax Book Number: 2584
  • Tax Lot: 213
  • Tax Map Number: 112
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2020
Closed on
Mar 30, 2021
Sold by
Smith June M and Smith Robert J
Bought by
Spicer Bonni J
Seller's Agent
Cynthia Langton
Keller Williams Realty
Buyer's Agent
Albert Edwards
Coldwell Banker Realty
List Price
$150,000
Sold Price
$135,000
Premium/Discount to List
-$15,000
-10%
Current Estimated Value
$192,208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,208
Avg. Annual Appreciation
9.11%
Original Mortgage
$101,250
Outstanding Balance
$92,130
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$105,816
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
Spicer Bonni J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spicer Bonni J $101,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2021 03/30/21 Sold $135,000 -10.0% $51 / Sq Ft
02/11/2021 02/11/21 Pending -- -- --
12/10/2020 12/10/20 For Sale $150,000 -- $57 / 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 $2,889 $173,800 $23,100 $150,700
2023 $2,753 $124,100 $16,500 $107,600
2022 $2,753 $124,100 $16,500 $107,600
2021 $2,786 $124,100 $16,500 $107,600
2020 $2,997 $132,600 $16,500 $116,100
2019 $2,243 $73,536 $5,500 $68,036
2018 $1,640 $73,536 $5,500 $68,036
2017 $2,122 $73,536 $5,500 $68,036
2016 $2,059 $73,536 $5,500 $68,036
2015 $2,019 $73,536 $5,500 $68,036
2014 $1,982 $73,536 $5,500 $68,036
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1477969

Maine Listings

APN: RUMF-000112-000000-000213