NOT LISTED FOR SALE

168 Second St Hallowell, ME 04347

Estimated Value: $308,000 - $415,103

4 Beds
2 Baths
1,842 Sq Ft
$197/Sq Ft Est. Value

Last Sold March 25, 2021

Last sale price $255,000 $138 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,285/month

9 Days on Market

Highlights

  • Nearby Water Access
  • The property is located in a historic district
  • Wood Flooring
  • River Front
  • Colonial Architecture
  • No HOA

About This Home

As of March 2021

BEST VIEW IN HALLOWELL. This extremely well maintained 2 unit is ready for new owners. First floor is 2 bedrooms, oak kitchen, wood floors, laundry, door to deck and rents for $1,000/month. Second and third floor is 2-3 bedrooms, very bright and open, spectacular views, tiled kitchen fully applianced. This unit rents for $1200/month. This home has vinyl siding, metal roof, vinyl windows, 2 car detached garage (needs work). Decks, landscaped, location location and so much more.

Last Agent to Sell the Property

Chris Vallee

LAER Listed on: 01/25/2021

Last Buyer's Agent

John Blouin

Brookewood Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,369

Year Built

  • Built in 1926

Lot Details

  • 5,663 Sq Ft Lot
  • River Front
  • Open Lot

Parking

  • 2 Car Garage
  • Driveway
  • Off-Street Parking

Property Views

  • Water
  • Scenic Vista

Home Design

  • Colonial Architecture
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 1,842 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile
  • Vinyl

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Natural lighting in basement

Outdoor Features

  • Nearby Water Access

Location

  • The property is located in a historic district
  • City Lot

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Natural Gas Not Available
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 110
  • Assessor Parcel Number HALL-000009-000000-000110

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $7,333
  • Gross Income $26,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,369

Year Built

Built in 1926

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.13
  • Road Surface Type: Paved
  • Water Body Name: Kennebec
  • MLS Status: Closed
  • Directions: From Water St. turn up Temple St., left onto Second St. Home up on left.
  • Above Grade Finished Sq Ft: 1842.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Building Stories: 3
  • Year Built: 1926
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.13
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1842.0
  • Property Information:Garage: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Basement:Daylight: Yes
  • Basement:Walkout Access: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Roof:Metal: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 26400.0
  • Income Expenses Operating Expenses: 7333.0
  • Style:Colonial: Yes
  • Location:Historic District: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Property Information:Bank Owned REO: No
  • View:Scenic: Yes
  • Basement Entry:Exterior Only: Yes
  • Building Info:_pound_ Floors3: 3
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Walk-Out Access, Daylight, Full, Exterior Only, Unfinished
  • Full Bathrooms: 2
  • Flooring: Wood, Vinyl, Tile, Laminate, Carpet
  • Stories: 3
  • Full Basement: Yes

Exterior Features

  • Lot Features: Open Lot, Historic District, Intown
  • View: Scenic
  • Waterfront Features: River
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Paved, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Hot Air
  • 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: 5662.8
  • Parcel #: HALL-000009-000000-000110
  • Zoning: res

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 26400.0
  • Annual Operating Expense: 7333.0

Tax Info

  • Tax Annual Amount: 3369.0
  • Tax Book Number: 12685
  • Tax Lot: 110
  • Tax Map Number: 9
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2021
Closed on
Mar 25, 2021
Sold by
Vincent Sarah Y and Vincent Scott L
Bought by
Dillon James O
Seller's Agent
Chris Vallee
LAER
Buyer's Agent
John Blouin
Brookewood Realty
List Price
$250,000
Sold Price
$255,000
Premium/Discount to List
$5,000
2%
Current Estimated Value
$362,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,276
Avg. Annual Appreciation
8.04%
Original Mortgage
$153,900
Outstanding Balance
$138,030
Interest Rate
2.73%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$224,246

Purchase Details

Listed on
Jul 6, 2017
Closed on
Aug 10, 2017
Sold by
Moongrove Diane S
Bought by
Vincent Scott L and Vincent Sarah Y
Seller's Agent
Karen Ramsay-Boucher
Hoang Realty
Buyer's Agent
Bradley Duplisea
AllMaineHomes, LLC
List Price
$185,000
Sold Price
$180,000
Premium/Discount to List
-$5,000
-2.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.07%
Original Mortgage
$144,000
Interest Rate
3.88%
Mortgage Type
New Conventional
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
Dillon James O -- None Available
Vincent Scott L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dillon James O $153,900
Previous Owner Vincent Scott L $144,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/25/2021 03/25/21 Sold $255,000 +2.0% $138 / Sq Ft
02/04/2021 02/04/21 Pending -- -- --
01/25/2021 01/25/21 For Sale $250,000 +38.9% $136 / Sq Ft
08/09/2017 08/09/17 Sold $180,000 -2.7% $98 / Sq Ft View Prior Sale
07/10/2017 07/10/17 Pending -- -- --
07/06/2017 07/06/17 For Sale $185,000 -- $100 / 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 $4,288 $215,500 $46,100 $169,400
2023 $3,612 $156,700 $33,500 $123,200
2022 $3,479 $156,700 $33,500 $123,200
2021 $3,338 $156,700 $33,500 $123,200
2020 $3,369 $156,700 $33,500 $123,200
2019 $3,338 $156,700 $33,500 $123,200
2018 $3,087 $156,700 $33,500 $123,200
2017 $3,087 $156,700 $33,500 $123,200
2016 $2,962 $156,700 $33,500 $123,200
2015 $2,758 $156,700 $33,500 $123,200
2014 $2,758 $156,700 $33,500 $123,200
2013 $2,592 $151,600 $33,500 $118,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1480554

Maine Listings

APN: HALL-000009-000000-000110