Seller's Agent in 2024
Abigail Chessie
Real Estate 2000 ME/NH
(207) 502-3469
4 in this area
157 Total Sales
166 Main St Cornish, ME 04020
Estimated Value: $403,131
1
Bed
1.5
Baths
2,306
Sq Ft
$175/Sq Ft
Est. Value
Highlights
- Deck
- Main Floor Bedroom
- No HOA
- Wood Flooring
- Mud Room
- In-Law or Guest Suite
About This Home
As of August 2024Charming Mixed-Use Property in the quaint town of Cornish! Welcome to your new investment opportunity in a picturesque town! This unique mixed-use property offers the perfect blend of living space, rental income and/or business potential. Whether you're looking to expand your business or capitalize on rental income, this property is a perfect fit. Combining a residential rental unit with versatile business space it ensures easy access and ample parking for tenants and customers while the circular driveway enhances the property's curb appeal and provides convenient access. Enjoy its rustic ambiance with beautiful wood finishes throughout the interior. Stunning wood accents create a warm and inviting atmosphere. Embrace the cozy design that adds character to every corner. Formerly used as a salon the downstairs boasts a large, bright entryway, four separate rooms, a reception/kitchen space, bathroom with laundry hookup and large open area as the heart of this business with high ceilings and large windows that flood the space with natural light. Although currently tailored for business, this unique property can be effortlessly transformed into a welcoming single family home. Offering a rare opportunity for both investors and future homeowners. Additionally, there is an established rental unit above the main business which also features warm, wood accents, a spacious bedroom, one bathroom and an open plan living area for relaxation or entertaining. You or your tenants will enjoy the cozy deck, perfect for coffee in the morning or evening down time. Don't miss out! This is your chance to invest in a premium commercial property with incredible business potential. Whether you are looking to expand your current business or start a new venture, 166 Main Street offers the perfect location and amenities to help your business thrive!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,282
Year Built
- Built in 1993
Lot Details
- 0.5 Acre Lot
- Rural Setting
- Level Lot
- Open Lot
- Property is zoned Commercial District
Home Design
- Gambrel Roof
- Concrete Foundation
- Wood Frame Construction
- Shingle Roof
- Wood Siding
- Concrete Perimeter Foundation
Interior Spaces
- 2,306 Sq Ft Home
- Mud Room
Kitchen
- Electric Range
- Formica Countertops
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 1 Bedroom
- Main Floor Bedroom
- In-Law or Guest Suite
Laundry
- Laundry on main level
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Doghouse Basement Entry
- Interior Basement Entry
Parking
- Driveway
- Paved Parking
Utilities
- No Cooling
- Zoned Heating
- Heating System Uses Oil
- Hot Water Heating System
- Natural Gas Not Available
- Electric Water Heater
- Septic System
Additional Features
- Accessible Approach with Ramp
- Deck
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 5
- Assessor Parcel Number CNSH-000006U-000000-000005
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 5, 2024
Closed on
Aug 19, 2024
Sold by
Taylor & Seavey Prop Llc
Bought by
Ghosheh Mary
Seller's Agent
Abigail Chessie
Real Estate 2000 ME/NH
Buyer's Agent
Scott Townsend
Keller Williams Realty
List Price
$420,000
Sold Price
$395,000
Premium/Discount to List
-$25,000
-5.95%
Views
25
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
$8,131
Avg. Annual Appreciation
1.84%
Original Mortgage
$332,000
Outstanding Balance
$328,888
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$74,243
Purchase Details
Closed on
Jun 10, 2005
Sold by
Leary June E and Rankin William T
Bought by
Foot Hls Physical Therapy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
5.79%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ghosheh Mary | $395,000 | None Available | |
| Ghosheh Mary | $395,000 | None Available | |
| Foot Hls Physical Therapy | -- | -- | |
| Foot Hls Physical Therapy | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ghosheh Mary | $332,000 | |
| Closed | Ghosheh Mary | $332,000 | |
| Previous Owner | Foot Hls Physical Therapy | $196,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/19/2024 08/19/24 | Sold | $395,000 | -3.4% | $171 / Sq Ft |
| 07/19/2024 07/19/24 | Pending | -- | -- | -- |
| 06/19/2024 06/19/24 | Price Changed | $409,000 | -2.6% | $177 / Sq Ft |
| 06/05/2024 06/05/24 | For Sale | $420,000 | +147.1% | $182 / Sq Ft |
| 07/03/2013 07/03/13 | Sold | $170,000 | -5.5% | $82 / Sq Ft |
| 05/03/2013 05/03/13 | Pending | -- | -- | -- |
| 05/01/2013 05/01/13 | For Sale | $179,900 | -- | $87 / 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 | $3,792 | $412,200 | $63,600 | $348,600 |
| 2023 | $3,282 | $229,500 | $33,800 | $195,700 |
| 2022 | $3,167 | $229,500 | $33,800 | $195,700 |
| 2021 | $3,098 | $229,500 | $33,800 | $195,700 |
| 2020 | $3,041 | $229,500 | $33,800 | $195,700 |
| 2019 | $3,075 | $229,500 | $33,800 | $195,700 |
| 2018 | $3,098 | $229,500 | $33,800 | $195,700 |
| 2016 | $2,781 | $229,500 | $33,800 | $195,700 |
| 2015 | $2,835 | $219,800 | $33,800 | $186,000 |
| 2014 | $2,890 | $224,000 | $33,800 | $190,200 |
Source: Public Records
Agents Affiliated with this Home
-
Abigail Chessie
-
Scott Townsend
Buyer's Agent in 2024
Scott Townsend
Keller Williams Realty
(207) 252-0720
1 in this area
508 Total Sales
-
Kathy Harvey-Brown
K
Buyer Co-Listing Agent in 2024
Kathy Harvey-Brown
Keller Williams Realty
(207) 939-6195
1 in this area
85 Total Sales
-
P
Seller's Agent in 2013
Paul Howe
Cote & Howe Realty
Map
Source: Maine Listings
MLS Number: 1592110
APN: CNSH-000006U-000000-000005
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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