$375,000
SOLD NOV 22, 2024
-- Bed
3 Baths
5,578 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$67 Per Sq Ft

3% Above List Price

75 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • No HOA
  • Property is near public transit
  • Corner Lot
  • 5 Car Detached Garage

About This Home

As of November 2024

Attention Investors! Don't miss this meticulously maintained 3-unit property that has impressive financials. The detached 4-car garage offers additional potential for passive income. Whether you're a seasoned investor or just starting out, this income-generating gem is a must-see. Plus, the vacant first and second floor unit presents a fantastic opportunity for owner occupancy.

Last Agent to Sell the Property

Amanda Salovitch

Dream Home Realty LLC Listed on: 10/10/2024

Last Buyer's Agent

Meghan Connolly

Landing Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,134

Year Built

  • Built in 1903

Lot Details

  • 4,356 Sq Ft Lot
  • Corner Lot

Parking

  • 5 Car Detached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • Multi-Level Property
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Laminate

Basement

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

Outdoor Features

  • Deck

Location

  • Property is near public transit
  • Property is near a golf course
  • City Lot

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Tax Lot 162
  • Assessor Parcel Number LEWI-000196-000000-000162

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $17,501
  • Gross Income $50,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,134

Year Built

Built in 1903

Lot Details

0

Parking

5

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: GPS friendly. On corner of Horton and Birch
  • Above Grade Finished Sq Ft: 2789.0
  • Architectural Style: Multi-Level
  • Garage Yn: Yes
  • Year Built: 1903
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.1
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2789.0
  • Property Information:SqFt Finished Below Grade: 2789.0
  • Property Information:Garage: Yes
  • Site:Corner Lot: Yes
  • Location:Near Golf Course: 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
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 5.0
  • Exterior:Vinyl Siding: Yes
  • Amenities:Laundry - Hookup: Yes
  • Vehicle Storage:Detached: Yes
  • Heat Fuel:Gas Natural: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 3
  • Heat System:Multi-Zones: Yes
  • Income Expenses Gross Income: 50100.0
  • Income Expenses Operating Expenses: 17501.0
  • Style:Multi-Level: Yes
  • Gas:Natural - At Street: Yes
  • Transportation:Public Transport Access: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Interior Entry
  • Full Bathrooms: 3
  • Below Grade Sq Ft: 2789.0
  • Flooring: Wood, Laminate
  • Full Basement: Yes

Exterior Features

  • Lot Features: Corner Lot, Sidewalks, Intown, Near Golf Course, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Near Public Transit
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 5.0
  • Parking Features: 5 - 10 Spaces, Paved, Detached, Off Street

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, 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: 4356.0
  • Parcel #: LEWI-000196-000000-000162
  • Zoning: IO

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 50100.0
  • Annual Operating Expense: 17501.0

Tax Info

  • Tax Annual Amount: 3134.0
  • Tax Book Number: 11426
  • Tax Lot: 162
  • Tax Map Number: 196
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2024
Closed on
Nov 22, 2024
Sold by
Kranzt Andrew and Kranzt Amanda
Bought by
Badege Herve E
Seller's Agent
Amanda Salovitch
Dream Home Realty LLC
Buyer's Agent
Meghan Connolly
Landing Real Estate
List Price
$364,900
Sold Price
$375,000
Premium/Discount to List
$10,100
2.77%
Total Days on Market
75
Views
5
Current Estimated Value
$375,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23
Avg. Annual Appreciation
-1.30%
Original Mortgage
$368,207
Outstanding Balance
$366,112
Interest Rate
6.32%
Mortgage Type
FHA
Estimated Equity
$5,131

Purchase Details

Listed on
Aug 2, 2023
Closed on
Sep 5, 2023
Sold by
Hall Investments Llc
Bought by
Krantz Amanda and Krantz Andrew
Seller's Agent
Jonathan Keenan
A Team Realty
Buyer's Agent
Amanda Salovitch
Dream Home Realty LLC
List Price
$310,000
Sold Price
$320,000
Premium/Discount to List
$10,000
3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.88%
Original Mortgage
$240,000
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 9, 2021
Sold by
Hall Benjamin P and Hall Janelle M
Bought by
Hall Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,400
Interest Rate
2.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jun 21, 2019
Closed on
Aug 22, 2019
Sold by
Sinclair Douglas M and Sinclair Amanda L
Bought by
Hall Benjamin P and Hall Janelle M
Seller's Agent
Scot Jalbert
Brookewood Realty
Buyer's Agent
Jonathan Keenan
William Raveis Real Estate
List Price
$139,900
Sold Price
$137,000
Premium/Discount to List
-$2,900
-2.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.98%
Original Mortgage
$102,750
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 12, 2014
Closed on
Mar 3, 2015
Sold by
Gagne Simone R Est and Ellis
Bought by
Sinclair Douglas M and Sinclair Amanda L
Seller's Agent
Linda Beaulieu
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Scot Jalbert
Brookewood Realty
List Price
$89,900
Sold Price
$85,000
Premium/Discount to List
-$4,900
-5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.24%
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 Type Sale Price Title Company
Warranty Deed $375,000 None Available
Warranty Deed $375,000 None Available
Warranty Deed $375,000 None Available
Warranty Deed $320,000 None Available
Warranty Deed $320,000 None Available
Warranty Deed $320,000 None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Interfamily Deed Transfer -- None Available
Warranty Deed -- New England Title
Warranty Deed -- New England Title
Warranty Deed -- New England Title
Personal Reps Deed -- --
Personal Reps Deed -- --
Personal Reps Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $368,207 FHA
Closed $368,207 FHA
Previous Owner $240,000 Purchase Money Mortgage
Previous Owner $100,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $152,400 Purchase Money Mortgage
Previous Owner $102,750 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2024 11/22/24 Sold $375,000 +2.8% $67 / Sq Ft
10/14/2024 10/14/24 Pending -- -- --
10/10/2024 10/10/24 For Sale $364,900 -2.7% $65 / Sq Ft
08/19/2024 08/19/24 Pending -- -- --
08/18/2024 08/18/24 Off Market $375,000 -- --
07/31/2024 07/31/24 For Sale $364,900 +14.0% $65 / Sq Ft
09/05/2023 09/05/23 Sold $320,000 +3.2% $115 / Sq Ft
08/07/2023 08/07/23 Pending -- -- --
08/02/2023 08/02/23 For Sale $310,000 +126.3% $111 / Sq Ft
08/22/2019 08/22/19 Sold $137,000 -2.1% $49 / Sq Ft
06/26/2019 06/26/19 Pending -- -- --
06/21/2019 06/21/19 For Sale $139,900 +64.6% $50 / Sq Ft
02/27/2015 02/27/15 Sold $85,000 -5.5% $30 / Sq Ft
01/14/2015 01/14/15 Pending -- -- --
05/12/2014 05/12/14 For Sale $89,900 -- $32 / 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 $3,319 $104,460 $16,800 $87,660
2023 $3,134 $104,460 $16,800 $87,660
2022 $2,977 $104,460 $16,800 $87,660
2021 $2,952 $104,460 $16,800 $87,660
2020 $2,995 $104,460 $16,800 $87,660
2019 $3,020 $104,460 $16,800 $87,660
2018 $2,995 $104,460 $16,800 $87,660
2017 $2,927 $104,460 $16,800 $87,660
2016 $2,877 $104,460 $16,800 $87,660
2015 $2,859 $104,460 $16,800 $87,660
2014 $2,778 $104,460 $16,800 $87,660
2013 $2,762 $104,460 $16,800 $87,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1598734

Maine Listings

APN: LEWI-000196-000000-000162