NOT LISTED FOR SALE

16 Old Greene Rd Greene, ME 04236

Estimated Value: $340,000 - $421,000

5 Beds
3 Baths
4,956 Sq Ft
$75/Sq Ft Est. Value

Last Sold December 15, 2022

Last sale price $288,500 $58 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,393/month

107 Days on Market

Highlights

  • 2.3 Acre Lot
  • No HOA
  • Porch
  • Main Floor Bedroom
  • 3 Car Detached Garage
  • Bathtub

About This Home

As of December 2022

Outstanding opportunity to own a large 3 Unit with Acreage, in lush & green - Greene! This place lives up to it's name! Units were updated by current owner and some include features like: vaulted ceilings, oak kitchen, subway tile backsplash & breathtaking views of the 2.3 Acre rolling grounds This opportunity is the essence of beautiful country living, meets solid rental history, meets the potential of long-term excellent investment! Property being sold 'as is'. Units are not separately metered. Offers due June 1/22 - 5:00 P.M.

Last Agent to Sell the Property

Cristina Eugen

Keller Williams Realty Listed on: 07/11/2022

Last Buyer's Agent

Justin Gilbert

AllMaineHomes, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,477

Year Built

  • Built in 1900

Lot Details

  • 2.3 Acre Lot
  • Rural Setting
  • Landscaped
  • Level Lot
  • Open Lot

Parking

  • 3 Car Detached Garage
  • Driveway

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Laminate Flooring
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathtub

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Outbuilding
  • Porch

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Propane
  • Baseboard Heating
  • Hot Water Heating System
  • Well
  • Water Heated On Demand
  • Septic System

Listing and Financial Details

  • Tax Lot 27-02
  • Assessor Parcel Number GRNE-000003-000000-000027-000002

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $12,500
  • Gross Income $6,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,477

Year Built

Built in 1900

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 2.3
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From Lewiston: Take Sabattus Street to Old Greene Road. Home on right, before 4 way intersection
  • Above Grade Finished Sq Ft: 3756.0
  • Architectural Style: Other Style
  • Garage Yn: Yes
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 2.3
  • Property Information:SqFt Finished Above Grade: 3756.0
  • Property Information:SqFt Finished Below Grade: 1200.0
  • Property Information:Garage: 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
  • Percent Basement Finished: Yes
  • Basement:Walkout Access: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:On Demand: Yes
  • Property Information:Garage Spaces: 3.0
  • Amenities:Laundry - Hookup: Yes
  • Vehicle Storage:Detached: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Roof:Metal: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 3
  • Heat System:Multi-Zones: Yes
  • Income Expenses Gross Income: 6000.0
  • Income Expenses Operating Expenses: 12500.0
  • Parking:On Site2: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Location:Rural: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Other Structures:Out Building: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Walk-Out Access, Finished, Full, Interior Entry
  • Below Grade Sq Ft: 1200.0
  • Fireplace: No
  • Flooring: Other, Laminate
  • Interior Amenities: 1st Floor Bedroom, Bathtub
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Landscaped, Near Town, Rural
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Porch
  • Roof: Metal
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: 11 - 20 Spaces, Paved, On Site, Detached

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 100188.0
  • Parcel #: GRNE-000003-000000-000027-000002
  • Zoning: Res

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 6000.0
  • Annual Operating Expense: 12500.0

Tax Info

  • Tax Annual Amount: 4477.0
  • Tax Book Number: 7455
  • Tax Lot: 27-02
  • Tax Map Number: 3
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2022
Closed on
Dec 15, 2022
Sold by
Johnson Ann C and Johnson Christopher
Bought by
Edwards Cody A and Furlong Alexis S
Seller's Agent
Cristina Eugen
Keller Williams Realty
Buyer's Agent
Justin Gilbert
AllMaineHomes, LLC
List Price
$399,900
Sold Price
$288,500
Premium/Discount to List
-$111,400
-27.86%
Views
11
Current Estimated Value
$371,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,612
Avg. Annual Appreciation
9.45%
Original Mortgage
$283,274
Outstanding Balance
$274,774
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
$96,338

Purchase Details

Listed on
Dec 11, 2015
Closed on
Nov 23, 2016
Sold by
Michaud Andrew L and Michaud Diane I
Bought by
Johnson Christopher A
Seller's Agent
Gina Letourneau
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Karen Kearney
Rizzo Mattson
List Price
$245,000
Sold Price
$215,000
Premium/Discount to List
-$30,000
-12.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.96%
Original Mortgage
$211,105
Interest Rate
3.47%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 12, 2008
Sold by
Michaud Andrew L
Bought by
Michaud Andrew L and Michaud Diane I
Source: Public Records

Range of Values:

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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
Edwards Cody A $288,500 None Available
Johnson Christopher A -- --
Michaud Andrew L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edwards Cody A $283,274
Previous Owner Johnson Christopher A $211,105
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/15/2022 12/15/22 Sold $288,500 -27.9% $58 / Sq Ft
09/09/2022 09/09/22 Pending -- -- --
05/24/2022 05/24/22 For Sale $399,900 +86.0% $81 / Sq Ft
11/21/2016 11/21/16 Sold $215,000 -12.2% $43 / Sq Ft View Prior Sale
10/04/2016 10/04/16 Pending -- -- --
12/11/2015 12/11/15 For Sale $245,000 -- $49 / 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 $5,105 $261,800 $45,100 $216,700
2023 $5,105 $261,800 $45,100 $216,700
2022 $4,660 $261,800 $45,100 $216,700
2021 $4,477 $261,800 $45,100 $216,700
2020 $4,477 $261,800 $45,100 $216,700
2019 $4,241 $261,800 $45,100 $216,700
2018 $4,121 $261,800 $45,100 $216,700
2017 $4,037 $261,800 $45,100 $216,700
2016 $3,807 $261,800 $45,100 $216,700
2015 $3,833 $268,800 $45,100 $223,700
2014 $3,634 $268,800 $45,100 $223,700
2013 $3,575 $268,800 $45,100 $223,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1529541

Maine Listings

APN: GRNE-000003-000000-000027-000002