NOT LISTED FOR SALE

16 Prospect St Limerick, ME 04048

Estimated Value: $309,922 - $357,000

9 Beds
2 Baths
2,104 Sq Ft
$160/Sq Ft Est. Value

Last Sold March 24, 2019

Last sale price $140,000 $67 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $1,961/month

9 Days on Market

Highlights

  • New Englander Architecture
  • Level Lot
  • Heating System Uses Propane
  • No HOA
  • Carpet

About This Home

As of March 2019

Building is currently rented by long time renters. Beautiful back yard with space for a seasonal garden.

Last Agent to Sell the Property

Bonnie Cyr

Keller Williams Coastal and Lakes & Mountains Realty Listed on: 02/07/2019

Keller Williams Coastal and Lakes & Mountains Realty

Last Buyer's Agent

Bonnie Cyr

Keller Williams Coastal and Lakes & Mountains Realty Listed on: 02/07/2019

Keller Williams Coastal and Lakes & Mountains Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,648

Year Built

  • Built in 1930

Lot Details

  • 0.34 Acre Lot
  • Street terminates at a dead end
  • Level Lot
  • Open Lot

Home Design

  • New Englander Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Finished Basement

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

Parking

  • Common or Shared Parking
  • Gravel Driveway
  • Shared Driveway

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 55
  • Assessor Parcel Number 000335 RE

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,648

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.34
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Off Route 11. Prospect Street is on the left after the Limerick Grocery Store.
  • Above Grade Finished Sq Ft: 1456.0
  • Architectural Style: New Englander
  • Garage Yn: No
  • Year Built: 1930
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.34
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1456.0
  • Property Information:SqFt Finished Below Grade: 648.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Roof:Shingle: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Exterior:Vinyl Siding: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 2
  • Roads:Dead End: Yes
  • Driveway:Gravel: Yes
  • Style:New Englander: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Finished, Full, Interior Entry, Walk-Out Access
  • Full Bathrooms: 2
  • Below Grade Sq Ft: 648.0
  • Flooring: Vinyl, Laminate, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: RSU 57/MSAD 57

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 14810.4
  • Parcel #: 000335 RE
  • Zoning: business

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1648.22
  • Tax Book Number: 9130
  • Tax Lot: 55
  • Tax Map Number: 23
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 15, 2015
Sold by
Beta Properties Llc
Bought by
Carroll Elizabeth M and Carroll Sean P
Current Estimated Value
$331,730

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,300
Interest Rate
3.69%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 11, 2013
Sold by
Trask Paul L
Bought by
Beta Props Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
3.38%
Mortgage Type
Commercial
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
Carroll Elizabeth M -- --
Beta Props Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carroll Sean $129,000
Closed Carroll Sean $130,000
Closed Beta Properties Llc $140,000
Closed Carroll Sean P $62,300
Closed Carroll Elizabeth M $55,600
Previous Owner Beta Properties Llc $64,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2019 03/24/19 Sold $140,000 -9.7% $67 / Sq Ft
02/17/2019 02/17/19 Pending -- -- --
02/07/2019 02/07/19 For Sale $155,000 -- $74 / 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 $2,416 $254,266 $72,211 $182,055
2023 $2,192 $144,212 $36,101 $108,111
2022 $2,048 $144,212 $36,101 $108,111
2021 $1,915 $115,370 $28,881 $86,489
2020 $1,892 $115,370 $28,881 $86,489
2019 $1,817 $115,370 $28,881 $86,489
2018 $1,557 $96,439 $28,881 $67,558
2017 $7,557 $96,439 $28,881 $67,558
2016 $1,451 $96,439 $28,881 $67,558
2015 $1,408 $96,439 $28,881 $67,558
2014 -- $96,439 $28,881 $67,558
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1403984

Maine Listings

APN: LIME-000023-000000-000053