Seller's Agent in 2024
Andy Yau
RE/MAX
(603) 969-6216
2 in this area
181 Total Sales
16 Railroad Ave Springvale, ME 04083
--
Bed
3
Baths
2,442
Sq Ft
9,148
Sq Ft Lot
Highlights
- Corner Lot
- Cooling Available
- Landscaped
- No HOA
- Zoned Heating
- Baseboard Heating
About This Home
As of November 2024BACK ON MARKET DUE TO NO FAULT OF ITS OWN. PRIVATE SHOWINGS SAT OCT 19 1-3***Absolutely beautiful triplex with excellent curb appeal, ideal for owner-occupancy or as an investment opportunity with a potential cap rate of 10.76%. This property boasts exceptional curb appeal, highlighted by attractive cedar shingle siding, a young roof, and recently updated windows and doors. The inviting farmer's porch, constructed with durable composite decking, offers a perfect space to relax and enjoy the outdoors year-round. The lower unit, a small one bedroom has been recently updated with bright white kitchen cabinets, updated bathroom and tile flooring. The spacious lot offers ample parking, and the double egresses with the newer back stairs, provide added convenience. The location can not be more convenient as it is located right across from Mousam Way trails where residents can enjoy walking, biking, and exploring the beautiful natural surroundings. Act fast as this will not last.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,294
Year Built
- Built in 1920
Lot Details
- 9,148 Sq Ft Lot
- Landscaped
- Corner Lot
- Level Lot
- Open Lot
Home Design
- Slab Foundation
- Wood Frame Construction
- Membrane Roofing
- Wood Siding
Interior Spaces
- 3 Full Bathrooms
- 2,442 Sq Ft Home
- Multi-Level Property
- Exterior Basement Entry
Flooring
- Laminate
- Vinyl
Parking
- Driveway
- Paved Parking
- On-Site Parking
Location
- City Lot
Utilities
- Cooling Available
- Zoned Heating
- Heating System Uses Oil
- Baseboard Heating
- Hot Water Heating System
- Natural Gas Not Available
- Oil Water Heater
Listing and Financial Details
- Tax Block 6
- Assessor Parcel Number SANF-000006-I000018
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- Operating Expense $11,594
- Gross Income $51,420
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 24, 2024
Closed on
Nov 15, 2024
Sold by
Clark Richard
Bought by
Thomas Sean P
Seller's Agent
Andy Yau
RE/MAX Shoreline
Buyer's Agent
Kimberly Thomas
Keller Williams Realty
List Price
$525,000
Sold Price
$525,000
Total Days on Market
57
Views
11
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$667
Avg. Annual Appreciation
0.22%
Original Mortgage
$515,490
Outstanding Balance
$512,957
Interest Rate
6.12%
Mortgage Type
FHA
Estimated Equity
$12,710
Purchase Details
Listed on
Feb 26, 2021
Closed on
Apr 15, 2021
Sold by
Westview Partners Llc
Bought by
Clark Richard
Seller's Agent
Timothy Dumont
Coldwell Banker Realty
Buyer's Agent
Robin Valeri
Keller Williams Coastal and Lakes & Mountains Realty
List Price
$329,000
Sold Price
$300,000
Premium/Discount to List
-$29,000
-8.81%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.82%
Original Mortgage
$306,900
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 6, 2007
Sold by
Haddock Eric
Bought by
Us Bank Na Tr
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | Misc Company | |
| Quit Claim Deed | -- | Misc Company | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $515,490 | FHA | |
| Closed | $515,490 | FHA | |
| Previous Owner | $306,900 | Purchase Money Mortgage | |
| Previous Owner | $131,000 | Unknown | |
| Previous Owner | $162,000 | New Conventional | |
| Previous Owner | $4,000 | Unknown | |
| Previous Owner | $181,600 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/20/2024 11/20/24 | Sold | $525,000 | 0.0% | $215 / Sq Ft |
| 11/20/2024 11/20/24 | Pending | -- | -- | -- |
| 09/24/2024 09/24/24 | For Sale | $525,000 | +75.0% | $215 / Sq Ft |
| 04/15/2021 04/15/21 | Sold | $300,000 | -8.8% | $123 / Sq Ft |
| 03/02/2021 03/02/21 | Pending | -- | -- | -- |
| 02/26/2021 02/26/21 | For Sale | $329,000 | -- | $135 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $4,614 | $285,900 | $38,300 | $247,600 |
| 2023 | $4,294 | $283,600 | $38,300 | $245,300 |
| 2022 | $4,197 | $283,600 | $38,300 | $245,300 |
| 2021 | $3,621 | $199,200 | $38,300 | $160,900 |
| 2020 | $3,937 | $195,300 | $38,300 | $157,000 |
| 2019 | $3,554 | $171,700 | $38,300 | $133,400 |
| 2018 | $3,103 | $175,800 | $38,300 | $137,500 |
| 2017 | $3,646 | $175,800 | $38,300 | $137,500 |
| 2016 | $3,190 | $140,300 | $38,300 | $102,000 |
| 2015 | $3,103 | $140,800 | $38,800 | $102,000 |
| 2014 | $3,044 | $140,800 | $38,800 | $102,000 |
| 2013 | -- | $148,200 | $38,800 | $109,400 |
Source: Public Records
Agents Affiliated with this Home
-
Andy Yau
-
Kimberly Thomas
K
Buyer's Agent in 2024
Kimberly Thomas
Keller Williams Realty
(207) 879-9800
2 in this area
9 Total Sales
-
Timothy Dumont
T
Seller's Agent in 2021
Timothy Dumont
Coldwell Banker Realty
(207) 651-7710
1 in this area
5 Total Sales
-
Robin Valeri
Buyer's Agent in 2021
Robin Valeri
Keller Williams Coastal and Lakes & Mountains Realty
(603) 714-2926
2 in this area
37 Total Sales
Map
Source: Maine Listings
MLS Number: 1604752
APN: SANF-000006-I000018
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