NOT LISTED FOR SALE

16 1st St Milo, ME 04463

Estimated Value: $53,000 - $168,083

Studio
2 Baths
1,898 Sq Ft
$67/Sq Ft Est. Value

Sale Details

Date Sold: January 26, 2024

Last sale price $145,000 $76 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $812 / mo

98 Days on Market

Highlights

  • Nearby Water Access
  • Wood Flooring
  • No HOA
  • Scenic Views
  • New Englander Architecture
  • Air Conditioning

About This Home

As of January 2024

OWNER/INVESTORS take note...this is where an exceptional opportunity awaits you! This well-maintained duplex offers the perfect blend of comfort and convenience. With separate entrances for each unit, this property is ideal for privacy and flexibility. Both units feature 3 cozy bedrooms and a well-appointed bathroom, providing ample space for residents or guests. Additionally, each unit boasts its own driveway, ensuring hassle-free parking for everyone. The back unit holds a special charm, as it has been occupied by a loyal tenant for the past decade. This longstanding rental history speaks volumes about the desirability and reliability of this property. On the other hand, the front unit has recently undergone an impressive remodel and is tastefully furnished, ready to welcome Airbnb guests or traveling nurses seeking a premium rental experience. Beyond the appealing interior features, practical upgrades have been implemented throughout the property. A sturdy metal roof offers durability and peace of mind, while replacement windows enhance energy efficiency. Numerous other updates ensure that this duplex is both easy to own and maintain, minimizing your future expenses. Moreover, this property presents an exciting opportunity for an owner-occupant looking for a fresh start. There is a fully furnished unit with all the essential elements already in place, you can seamlessly transition into a comfortable and modern living space. This duplex is in an area that offers a wide range of amenities, including shopping, dining, and outdoor recreation, ensuring a convenient and fulfilling lifestyle for residents. Don't miss out on this fantastic investment opportunity or the chance to make this duplex your own. Embrace the potential for lucrative rental income or enjoy the benefits of an owner-occupied unit with ease. Your dream of a well-equipped, well-located property starts here!

Last Agent to Sell the Property

Dolly Perkins

Realty of Maine Listed on: 09/29/2023

Realty of Maine

Co-Listed By

Lliam Perkins

Realty of Maine

Last Buyer's Agent

Olanna Buck

Realty of Maine

Realty of Maine

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,248

Year Built

  • Built in 1920

Lot Details

  • 14,375 Sq Ft Lot
  • Landscaped
  • Level Lot
  • Open Lot

Parking

  • Gravel Driveway

Home Design

  • Duplex
  • New Englander Architecture
  • Bungalow
  • Concrete Foundation
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 1,898 Sq Ft Home
  • 2-Story Property
  • Scenic Vista Views
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Vinyl

Basement

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

Outdoor Features

  • Nearby Water Access

Utilities

  • Air Conditioning
  • Heating System Uses Oil
  • Baseboard Heating
  • Natural Gas Not Available
  • Internet Available

Listing and Financial Details

  • Tax Lot 73
  • Assessor Parcel Number 18FirstStreetMiloME04463

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $10,200
  • Gross Income $25,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,248

Year Built

Built in 1920

Lot Details

0.33 Acres

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.33
  • Road Surface Type: Paved
  • Co List Office Phone: 207-942-6310
  • MLS Status: Closed
  • Directions: Rt 16 from Dover-Foxcroft to Milo. Turn R on Riverside St, veer L around corner, go over RR tracks. Bear onto 1st St.
  • Above Grade Finished Sq Ft: 1898.0
  • Architectural Style: Duplex, Bungalow, New Englander, Other Style
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1920
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 89.52
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.33
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1898.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Baseboard: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Amenities:Laundry - Hookup: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Roof:Metal: Yes
  • Style:Bungalow: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 25000.0
  • Income Expenses Operating Expenses: 10200.0
  • Style:Duplex: Yes
  • Recreational Water:Nearby: Yes
  • Driveway:Gravel: Yes
  • Equipment:Internet Access Available: Yes
  • View:Scenic: Yes
  • Style:New Englander: Yes
  • Cooling:AC Units: Yes
  • Advertising Remarks:Advertising Remarks: OWNER/INVESTORS take note...this is where an exceptional opportunity awaits you! This well-maintained duplex offers the perfect blend of comfort and convenience. With separate entrances for each unit, this property is ideal for privacy and flexibility. Both units feature 3 cozy bedrooms and a well-appointed bathroom, providing ample space for residents or guests. Additionally, each unit boasts its own driveway, ensuring hassle-free parking for everyone. The back unit holds a special charm, as it has been occupied by a loyal tenant for the past decade. This longstanding rental history speaks volumes about the desirability and reliability of this property. On the other hand, the front unit has recently undergone an impressive remodel and is tastefully furnished, ready to welcome Airbnb guests or traveling nurses seeking a premium rental experience. Beyond the appealing interior features, practical upgrades have been implemented throughout the property. A sturdy metal roof offers durability and peace of mind, while replacement windows enhance energy efficiency. Numerous other updates ensure that this duplex is both easy to own and maintain, minimizing your future expenses. Moreover, this property presents an exciting opportunity for an owner-occupant looking for a fresh start. There is a fully furnished unit with all the essential elements already in place, you can seamlessly transition into a comfortable and modern living space. This duplex is in an area that offers a wide range of amenities, including shopping, dining, and outdoor recreation, ensuring a convenient and fulfilling lifestyle for residents. Don't miss out on this fantastic investment opportunity or the chance to make this duplex your own. Embrace the potential for lucrative rental income or enjoy the benefits of an owner-occupied unit with ease. Your dream of a well-equipped, well-located property starts here!
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full, Interior Entry
  • Full Bathrooms: 2
  • Flooring: Wood, Vinyl
  • Interior Amenities: Other
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Landscaped, Neighborhood
  • View: Scenic
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Gravel

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: A/C Units
  • Cooling Y N: Yes
  • Heating: Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 14374.8
  • Parcel #: 18FirstStreetMiloME04463
  • Zoning: RES

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 25000.0
  • Annual Operating Expense: 10200.0

Tax Info

  • Tax Annual Amount: 1248.0
  • Tax Lot: 73
  • Tax Year: 2022

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2023
Closed on
Jan 26, 2024
Sold by
Smith Barbara J and Smith Gilbert D
Bought by
Seller's Agent
Dolly Perkins
Realty of Maine
Buyer's Agent
Olanna Buck
Realty of Maine
List Price
$169,900
Sold Price
$145,000
Premium/Discount to List
-$24,900
-14.66%
Views
2
Current Estimated Value
$127,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,979
Avg. Annual Appreciation
-4.93%
Original Mortgage
$108,750
Outstanding Balance
$105,916
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$21,105
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$145,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $108,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/26/2024 01/26/24 Sold $145,000 -14.7% $76 / Sq Ft
01/05/2024 01/05/24 Pending -- -- --
09/29/2023 09/29/23 For Sale $169,900 -- $90 / Sq Ft
Source: Maine Listings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $1,347 $48,100 $8,000 $40,100
2024 $1,311 $48,100 $8,000 $40,100
2023 $1,150 $48,100 $8,000 $40,100
2022 $1,248 $48,100 $8,000 $40,100
2021 $1,239 $48,100 $8,000 $40,100
2020 $1,329 $47,900 $8,700 $39,200
2019 $1,323 $45,610 $8,260 $37,350
2018 $1,425 $45,610 $8,260 $37,350
2017 $1,425 $45,610 $8,260 $37,350
2016 $1,482 $45,610 $8,260 $37,350
2015 $1,309 $45,610 $8,260 $37,350
2014 $1,387 $65,100 $11,800 $53,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1565726

Maine Listings

APN: MILO-000020-000000-000073

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