NOT LISTED FOR SALE

17 Murray St Bingham, ME 04920

-- Bed
5 Baths
3,990 Sq Ft
7,405 Sq Ft Lot

Last Sold September 15, 2023

Last sale price $380,000 $95 Per Sq Ft

19 Days on Market

Highlights

  • New Englander Architecture
  • Cooling Available
  • Level Lot
  • No HOA
  • Forced Air Heating System
  • Vinyl Flooring

About This Home

As of September 2023

CASH COW! Great 5 unit income producing building. It has been recently renovated including: new wiring, mostly new windows, some new flooring, fresh paint, and a thoroughly renovated 3rd floor apartment. The paved driveway has been newly resurfaced as well. New heat pumps were installed recently in all the units. Tenants pay their own electricity and heat. SELLER WOULD CONSIDER OWNER FINANCING 20% OF THE SALE.

Last Agent to Sell the Property

Corey Lee

Realty of Maine Listed on: 07/14/2023

Co-Listed By

Patrick Coughlan

Realty of Maine

Last Buyer's Agent

Jonathan McInnis

F.O. Bailey Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,767

Lot Details

  • 7,405 Sq Ft Lot
  • Level Lot
  • Open Lot

Home Design

  • New Englander Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 5 Full Bathrooms
  • 3,990 Sq Ft Home
  • Multi-Level Property

Flooring

  • Laminate
  • Vinyl

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Doghouse Basement Entry

Parking

  • Driveway
  • Paved Parking

Location

  • City Lot

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Oil
  • Heat Pump System
  • Natural Gas Not Available
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 41
  • Assessor Parcel Number 17MurrayStreetBinghamME04920

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • Operating Expense $8,692
  • Gross Income $64,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,767

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.17
  • Co List Office Mls Id: 3140
  • Co List Office Phone: 207-942-6310
  • MLS Status: Closed
  • Directions: GPS compatible. Sign on property.
  • Above Grade Finished Sq Ft: 3990.0
  • Architectural Style: Multi-Level, New Englander
  • Garage Yn: No
  • Year Built: 9999
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.17
  • Property Information:Total Baths: 5.0
  • Property Information:SqFt Finished Above Grade: 3990.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Walk-Out: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat System:Heat Pump: Yes
  • Cooling:Heat Pump3: Yes
  • Water Heater:Electric2: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Basement Entry:Doghouse: Yes
  • Property Information:Number of Units: 5
  • Income Expenses Gross Income: 64500.0
  • Income Expenses Operating Expenses: 8692.0
  • Style:Multi-Level: Yes
  • Style:New Englander: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Doghouse, Walk-Out Access
  • Full Bathrooms: 5
  • Flooring: Vinyl, Laminate
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Intown, Near Shopping
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump, Forced 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: 7405.2
  • Parcel #: 17MurrayStreetBinghamME04920
  • Zoning: Res

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 64500.0
  • Annual Operating Expense: 8692.0

Tax Info

  • Tax Annual Amount: 1767.0
  • Tax Book Number: 5876
  • Tax Lot: 41
  • Tax Map Number: 11-7
  • Tax Year: 2022

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2023 09/15/23 Sold $380,000 +2.7% $95 / Sq Ft
08/02/2023 08/02/23 Pending -- -- --
07/14/2023 07/14/23 For Sale $370,000 +42.3% $93 / Sq Ft
05/20/2022 05/20/22 Sold $260,000 -6.8% $65 / Sq Ft
03/16/2022 03/16/22 Pending -- -- --
03/03/2022 03/03/22 For Sale $279,000 -- $70 / 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 $1,077 $101,580 $12,750 $88,830
2021 $1,767 $101,580 $12,750 $88,830
2020 $1,757 $101,580 $12,750 $88,830
2019 $1,656 $101,580 $12,750 $88,830
2018 $1,656 $101,580 $12,750 $88,830
2017 $1,625 $101,580 $12,750 $88,830
2016 $1,778 $101,580 $12,750 $88,830
2015 $2,093 $101,580 $12,750 $88,830
2014 $2,133 $101,580 $12,750 $88,830
2013 -- $101,580 $12,750 $88,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1565398

Maine Listings