NOT LISTED FOR SALE

16 Frost St Springvale, ME 04083

Estimated Value: $337,000 - $433,000

5 Beds
3.5 Baths
2,548 Sq Ft
$151/Sq Ft Est. Value

Last Sold November 08, 2021

Last sale price $299,900 $118 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,522/month

15 Days on Market

Highlights

  • No HOA
  • Baseboard Heating
  • Carpet
  • 3 Car Detached Garage
  • Open Lot

About This Home

As of November 2021

Great investment! Located on a quiet street in Springvale, this well maintained duplex has a 3 bedroom 2 bath on one side and a 3 bed 1.5 bath on the other side. Both units have been renovated and have a strong rental history. Laundry in both units. The detached 3 car garage is great for storage or a work space. ALL SHOWINGS START AT THE OPEN HOUSE ON AUGUST 15TH AT 11AM-1PM.

Last Agent to Sell the Property

Nathan McCabe

Pack Maynard and Associates Listed on: 08/04/2021

Last Buyer's Agent

Nathan McCabe

Pack Maynard and Associates Listed on: 08/04/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,774

Year Built

  • Built in 1920

Lot Details

  • 8,712 Sq Ft Lot
  • Open Lot

Parking

  • 3 Car Detached Garage
  • Driveway

Home Design

  • 2,548 Sq Ft Home
  • Duplex
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

Basement

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number SANF-000011-K000017

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $28,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,774

Year Built

Built in 1920

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: route 109 to frost st. Property is on the left.
  • Above Grade Finished Sq Ft: 2548.0
  • Architectural Style: Duplex
  • Garage Yn: Yes
  • Year Built: 1920
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.2
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 2548.0
  • Property Information:Garage: 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: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
  • Property Information:Garage Spaces: 3.0
  • Exterior:Vinyl Siding: Yes
  • Vehicle Storage:Detached: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Income Expenses Gross Income: 28200.0
  • Style:Duplex: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Interior Entry
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Flooring: Vinyl, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Open Lot, Near Shopping, Near Town
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: 5 - 10 Spaces, Paved, Detached

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: 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: 8712.0
  • Parcel #: SANF-000011-K000017
  • Zoning: UB

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 28200.0

Tax Info

  • Tax Annual Amount: 3774.0
  • Tax Book Number: 9550
  • Tax Lot: 0000
  • Tax Map Number: 0K17
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2021
Closed on
Nov 8, 2021
Sold by
Gauthier Lorraine L and Gauthier Roger J
Bought by
Mcmahon Jessica M and Mcmahon Jacob
Seller's Agent
Nathan McCabe
Pack Maynard and Associates
Buyer's Agent
Nathan McCabe
Pack Maynard and Associates
List Price
$299,000
Sold Price
$299,900
Premium/Discount to List
$900
0.3%
Total Days on Market
15
Current Estimated Value
$385,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,068
Avg. Annual Appreciation
7.99%
Original Mortgage
$254,150
Outstanding Balance
$236,947
Interest Rate
2.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$157,648
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
Mcmahon Jessica M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcmahon Jessica M $254,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2021 11/08/21 Sold $299,900 +0.3% $118 / Sq Ft
08/18/2021 08/18/21 Pending -- -- --
08/02/2021 08/02/21 For Sale $299,000 -- $117 / 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 $4,259 $263,900 $36,200 $227,700
2023 $3,964 $261,800 $36,200 $225,600
2022 $3,875 $261,800 $36,200 $225,600
2021 $3,569 $196,300 $36,200 $160,100
2020 $3,774 $187,200 $36,200 $151,000
2019 $3,370 $162,800 $36,200 $126,600
2018 $3,218 $168,600 $36,200 $132,400
2017 $3,501 $168,800 $36,200 $132,600
2016 $3,313 $145,700 $36,300 $109,400
2015 $3,218 $146,000 $36,400 $109,600
2014 $3,310 $142,900 $36,400 $106,500
2013 -- $153,400 $36,400 $117,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1503301

Maine Listings

APN: SANF-000011-K000017