Seller's Agent in 2024
Augustine Ofili
ERA Dawson-Bradford Co.
17 in this area
319 Total Sales
17 Fruit St Bangor, ME 04401
Tree Streets NeighborhoodEstimated Value: $265,000 - $293,000
3
Beds
2
Baths
1,806
Sq Ft
$153/Sq Ft
Est. Value
Highlights
- Wood Flooring
- New Englander Architecture
- Baseboard Heating
- Fruit Street School Rated 9+
- No HOA
- Level Lot
About This Home
As of May 2024Introducing a fantastic investment opportunity, this recently renovated duplex located on Fruit Street offers two immaculate units for sale. The top unit features brand new flooring in the kitchen, along with added new cabinets and a vent microwave. Additionally, a washer and dryer have been installed for added convenience. The bottom unit has also undergone extensive upgrades, boasting new flooring throughout, a fresh coat of paint, and the addition of a washer and dryer. The basement has been thoughtfully preserved with plastic wrap to maintain heating, and the driveway has been newly paved. Both units are comprised of two bedrooms and one bathroom each, and have been operating as successful Mid Term rentals for the past two years. With a combined rental income of $4,000 per month, this property represents a lucrative investment opportunity. The location is minutes away from the Northern Lights Medical Center, making it highly desirable for both short-term and long-term tenants.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,882
Year Built
- Built in 1900
Lot Details
- 3,920 Sq Ft Lot
- Level Lot
Home Design
- New Englander Architecture
- Wood Frame Construction
- Pitched Roof
- Shingle Roof
- Wood Siding
Interior Spaces
- 2 Full Bathrooms
- 1,806 Sq Ft Home
- Multi-Level Property
Flooring
- Wood
- Carpet
- Laminate
- Tile
Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Dirt Floor
Parking
- Driveway
- Paved Parking
- Off-Street Parking
Location
- City Lot
Utilities
- No Cooling
- Heating System Uses Oil
- Baseboard Heating
- Hot Water Heating System
- Electric Water Heater
Listing and Financial Details
- Tax Lot 202
- Assessor Parcel Number BANG-000054-000000-000202
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Operating Expense $10,910
- Gross Income $27,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 22, 2024
Closed on
May 3, 2024
Sold by
Griffiths Gilmore
Bought by
Gibson Joseph
Seller's Agent
Augustine Ofili
ERA Dawson-Bradford Co.
Buyer's Agent
Dustin Smiley
ERA Dawson-Bradford Co.
List Price
$280,000
Sold Price
$275,000
Premium/Discount to List
-$5,000
-1.79%
Views
55
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
$2,074
Avg. Annual Appreciation
1.32%
Original Mortgage
$270,019
Outstanding Balance
$267,260
Interest Rate
6.5%
Mortgage Type
FHA
Estimated Equity
$11,849
Purchase Details
Listed on
Jun 23, 2022
Closed on
Sep 2, 2022
Sold by
Winchester Shannon and Vahidi Nasim
Bought by
Griffiths Gilmore
Seller's Agent
Shonne Wright
ERA Dawson-Bradford Co.
Buyer's Agent
Augustine Ofili
ERA Dawson-Bradford Co.
List Price
$239,500
Sold Price
$225,000
Premium/Discount to List
-$14,500
-6.05%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.77%
Original Mortgage
$168,750
Interest Rate
5.54%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Jan 30, 2019
Closed on
Apr 11, 2019
Sold by
Mtglq Investors Lp
Bought by
Winchester Shannon
Seller's Agent
Sonda Chase
Berkshire Hathaway HomeServices Northeast Real Estate
Buyer's Agent
Duane Williams
Pro Realty
List Price
$59,900
Sold Price
$45,000
Premium/Discount to List
-$14,900
-24.87%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
62.14%
Purchase Details
Closed on
Dec 12, 2018
Sold by
Bangor City Of
Bought by
Mtglq Investors Lp
Purchase Details
Closed on
Nov 1, 2018
Sold by
Cook Matthew G
Bought by
Mtglq Investors Lp
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 |
|---|---|---|---|
| Gibson Joseph | $275,000 | None Available | |
| Gibson Joseph | $275,000 | None Available | |
| Gibson Joseph | $275,000 | None Available | |
| Griffiths Gilmore | $225,000 | None Available | |
| Griffiths Gilmore | $225,000 | None Available | |
| Griffiths Gilmore | $225,000 | None Available | |
| Winchester Shannon | -- | -- | |
| Winchester Shannon | -- | -- | |
| Winchester Shannon | -- | -- | |
| Mtglq Investors Lp | -- | -- | |
| Mtglq Investors Lp | -- | -- | |
| Mtglq Investors Lp | -- | -- | |
| Mtglq Investors Lp | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gibson Joseph | $270,019 | |
| Closed | Gibson Joseph | $270,019 | |
| Previous Owner | Griffiths Gilmore | $168,750 | |
| Previous Owner | Winchester Shannon T | $95,000 | |
| Previous Owner | Cook Matthew G | $92,100 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/03/2024 05/03/24 | Sold | $275,000 | -1.8% | $152 / Sq Ft |
| 03/26/2024 03/26/24 | Pending | -- | -- | -- |
| 02/22/2024 02/22/24 | For Sale | $280,000 | +24.4% | $155 / Sq Ft |
| 09/02/2022 09/02/22 | Sold | $225,000 | -6.1% | $125 / Sq Ft |
| 07/27/2022 07/27/22 | Pending | -- | -- | -- |
| 06/23/2022 06/23/22 | For Sale | $239,500 | +432.2% | $133 / Sq Ft |
| 05/06/2019 05/06/19 | Sold | $45,000 | -24.9% | $25 / Sq Ft |
| 04/01/2019 04/01/19 | Pending | -- | -- | -- |
| 01/30/2019 01/30/19 | For Sale | $59,900 | -- | $33 / 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 | $3,207 | $172,900 | $12,100 | $160,800 |
| 2023 | $2,882 | $150,500 | $11,500 | $139,000 |
| 2022 | $2,587 | $126,800 | $11,500 | $115,300 |
| 2021 | $2,451 | $109,900 | $10,700 | $99,200 |
| 2020 | $2,172 | $93,600 | $10,700 | $82,900 |
| 2019 | $2,054 | $89,300 | $10,700 | $78,600 |
| 2018 | $1,926 | $83,900 | $10,700 | $73,200 |
| 2017 | $1,865 | $83,700 | $10,700 | $73,000 |
| 2016 | $1,843 | $81,900 | $10,700 | $71,200 |
| 2015 | $1,798 | $81,900 | $10,700 | $71,200 |
| 2014 | $1,757 | $80,600 | $10,700 | $69,900 |
| 2013 | $1,676 | $80,600 | $10,700 | $69,900 |
Source: Public Records
Agents Affiliated with this Home
-
Augustine Ofili
-
Dustin Smiley
D
Buyer's Agent in 2024
Dustin Smiley
ERA Dawson-Bradford Co.
(207) 449-9232
2 in this area
16 Total Sales
-
K
Buyer Co-Listing Agent in 2024
Kathleen Beller
ERA Dawson-Bradford Co.
(207) 947-6788
-
Shonne Wright
Seller's Agent in 2022
Shonne Wright
ERA Dawson-Bradford Co.
(207) 649-2072
3 in this area
115 Total Sales
-
Sonda Chase
S
Seller's Agent in 2019
Sonda Chase
Berkshire Hathaway HomeServices Northeast Real Estate
(207) 949-0786
83 Total Sales
-
D
Buyer's Agent in 2019
Duane Williams
Pro Realty
Map
Source: Maine Listings
MLS Number: 1582711
APN: BANG-000054-000000-000202
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