NOT LISTED FOR SALE

17 Collins St Caribou, ME 04736

Estimated Value: $188,000 - $258,000

5 Beds
3 Baths
2,410 Sq Ft
$93/Sq Ft Est. Value

Last Sold January 27, 2023

Last sale price $85,000 $35 Per Sq Ft

Est. 163% increase in value since last sale

Current estimated payment $1,430/month

6 Days on Market

Highlights

  • No HOA
  • Baseboard Heating
  • Asbestos
  • Forced Air Heating System
  • Garage
  • Vinyl Flooring

About This Home

As of January 2023

An excellent income opportunity, 3 unit apartment building. Great location, downtown Caribou. Includes 33' lot next door. Owner will finish metal roof and 4 windows.

Last Agent to Sell the Property

Steve Scott

Bernard-Coury Realty Listed on: 11/25/2022

Last Buyer's Agent

Leigh Smith

RE/MAX County

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,988

Year Built

  • Built in 1930

Lot Details

  • 0.52

Home Design

  • Stone Foundation
  • Wood Frame Construction
  • Metal Roof
  • Asbestos Siding
  • Vinyl Siding
  • Asbestos

Interior Spaces

  • 3 Full Bathrooms
  • 2,410 Sq Ft Home
  • Multi-Level Property
  • Vinyl Flooring

Basement

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

Parking

  • Garage
  • Gravel Driveway

Utilities

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

Additional Features

  • 0.52 Acre Lot
  • City Lot

Listing and Financial Details

  • Tax Lot 202
  • Assessor Parcel Number CARI-000035-000000-000202

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $23,027
  • Gross Income $36,588

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,988

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.52
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 2410.0
  • Architectural Style: Multi-Level
  • Garage Yn: Yes
  • Year Built: 1930
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.52
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2410.0
  • Property Information:Garage: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Roof:Metal: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 3
  • Foundation Materials:Stone: Yes
  • Income Expenses Gross Income: 36588.0
  • Income Expenses Operating Expenses: 23026.62
  • Style:Multi-Level: Yes
  • Driveway:Gravel: Yes
  • Exterior:Asbestos: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Interior Entry
  • Full Bathrooms: 3
  • Flooring: Vinyl
  • Full Basement: Yes

Exterior Features

  • Lot Features: Sidewalks, Intown
  • Waterfront: No
  • Construction Type: Vinyl Siding, Asbestos, Wood Frame
  • Foundation Details: Stone
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Gravel

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, 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: 22651.2
  • Parcel #: CARI-000035-000000-000202
  • Zoning: Residential

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 36588.0
  • Annual Operating Expense: 23026.62

Tax Info

  • Tax Annual Amount: 1988.0
  • Tax Book Number: 4918
  • Tax Lot: 202
  • Tax Map Number: 035
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2022
Closed on
Jan 27, 2023
Sold by
Theriault Gregory J
Bought by
Arbeau Philip S and Arbeau Stracey L
Seller's Agent
Steve Scott
Bernard-Coury Realty
Buyer's Agent
Leigh Smith
RE/MAX County
List Price
$85,000
Sold Price
$85,000
Current Estimated Value
$223,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,931
Avg. Annual Appreciation
35.07%
Original Mortgage
$68,000
Outstanding Balance
$66,228
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$123,464

Purchase Details

Closed on
Mar 2, 2011
Sold by
Hugh C & Carol A Pierson Ft and Pierson
Bought by
Theriault Gregory J
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
Arbeau Philip S $85,000 None Available
Arbeau Philip S $85,000 None Available
Theriault Gregory J -- --
Theriault Gregory J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arbeau Philip S $68,000
Closed Arbeau Philip S $68,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2023 01/27/23 Sold $85,000 0.0% $35 / Sq Ft
11/25/2022 11/25/22 For Sale $85,000 -- $35 / 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 $2,917 $136,300 $17,100 $119,200
2023 $2,658 $136,300 $17,100 $119,200
2022 $1,988 $84,400 $14,500 $69,900
2021 $1,988 $84,400 $14,500 $69,900
2020 $1,988 $84,400 $14,500 $69,900
2019 $2,072 $84,400 $14,500 $69,900
2018 $2,000 $84,400 $14,500 $69,900
2017 $2,017 $84,400 $14,500 $69,900
2016 $1,933 $84,400 $14,500 $69,900
2015 $1,896 $84,400 $14,500 $69,900
2014 $1,882 $84,400 $14,500 $69,900
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    Steve Scott

    Bernard-Coury Realty

    (207) 492-4571

    17 in this area

    48 Total Sales

    Steve Scott
    Section Image
  • Leigh Smith

    Buyer's Agent in 2023

    Leigh Smith

    RE/MAX

    (207) 227-4501

    35 in this area

    383 Total Sales

    Leigh Smith
    Section Image
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Map

Source: Maine Listings

MLS Number: 1548816

Maine Listings

APN: CARI-000035-000000-000202

Maine Aroostook County Caribou 04736

17 Collins St, Caribou, ME

This home is located at 17 Collins St, Caribou, ME 04736 since 25 November 2022 and is currently estimated at $223,931, approximately $92 per square foot. This property was built in 1930. 17 Collins St is a home located in Aroostook County.

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