$146,000
SOLD JAN 29, 2021

172 Maple Ave Farmington, ME 04938

-- Bed
2 Baths
1,400 Sq Ft
0.34 Acres

Recently Sold

$104 Per Sq Ft

3% Below List Price

83 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Bedroom
  • 1 Car Detached Garage
  • New Englander Architecture
  • No HOA
  • Porch

About This Home

As of October 2022

This well cared for 2 unit property is located within walking distance to the University of Maine in Farmington and all of the local shops and restaurants in the lovely downtown community. The home would make a great owner occupied property or perfect as in income property catering to the college. The backyard is fantastic with lots of yard space. There is a detached garage that is good for storage, and a lovely porch. Inside the home has wood flooring, and a great layout.

Last Agent to Sell the Property

Desmond Duguay

Amnet Realty Listed on: 08/25/2020

Last Buyer's Agent

Deborah Joseph

Coldwell Banker Sandy River Realty

Coldwell Banker Sandy River Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,898

Year Built

  • Built in 1900

Lot Details

  • 0.34 Acre Lot
  • Landscaped
  • Level Lot
  • Open Lot

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Home Design

  • 1,400 Sq Ft Home
  • New Englander Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Metal Roof
  • Vinyl Siding

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 2 Full Bathrooms

Unfinished Basement

  • Partial Basement
  • Interior Basement Entry
  • Dirt Floor

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available

Additional Features

  • Porch
  • City Lot

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 172MapleAvenueFarmington04938

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $5,000
  • Gross Income $14,280

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,898

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.34
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: High Street to Maple Ave, home on the left across from fairgrounds.
  • Above Grade Finished Sq Ft: 1400.0
  • Architectural Style: New Englander
  • Garage Yn: Yes
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.34
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1400.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 1.0
  • Exterior:Vinyl Siding: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Roof:Metal: Yes
  • Gas:No Gas: Yes
  • Basement:Partial: Yes
  • Property Information:Number of Units: 2
  • Income Expenses Gross Income: 14280.0
  • Income Expenses Operating Expenses: 5000.0
  • Basement:Dirt Floor: Yes
  • Driveway:Gravel: Yes
  • Foundation Materials:Granite2: Yes
  • Style:New Englander: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Dirt Floor, Partial, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Flooring: Wood, Vinyl
  • Interior Amenities: 1st Floor Bedroom

Exterior Features

  • Lot Features: Level, Open Lot, Landscaped, Intown, Near Shopping
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Granite
  • Patio And Porch Features: Porch
  • Roof: Metal, Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: 1 - 4 Spaces, Gravel, Detached

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, 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: 14810.4
  • Parcel #: 172MapleAvenueFarmington04938
  • Zoning: Village Residential

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 14280.0
  • Annual Operating Expense: 5000.0

Tax Info

  • Tax Annual Amount: 1898.0
  • Tax Book Number: 1098
  • Tax Lot: 24
  • Tax Map Number: U11
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2022
Closed on
Oct 7, 2022
Sold by
Holland Keith E
Bought by
Raymond Isaac W and Jenckes Jaycee
Seller's Agent
Deborah Joseph
EXP Realty
Buyer's Agent
Kaleigh Hutchinson
Worth Clark, Inc.
List Price
$199,900
Sold Price
$200,000
Premium/Discount to List
$100
0.05%
Current Estimated Value
$241,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,183
Avg. Annual Appreciation
8.13%

Purchase Details

Listed on
Aug 25, 2020
Closed on
Jan 29, 2021
Sold by
Kerr Robert M and Kerr Kathleen D
Bought by
Holland Keith E
Seller's Agent
Desmond Duguay
Amnet Realty
Buyer's Agent
Deborah Joseph
Coldwell Banker Sandy River Realty
List Price
$150,000
Sold Price
$146,000
Premium/Discount to List
-$4,000
-2.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.47%
Original Mortgage
$124,100
Interest Rate
2.67%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Warranty Deed $200,000 None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $124,100 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2022 10/07/22 Sold $200,000 +0.1% $133 / Sq Ft
08/24/2022 08/24/22 For Sale $199,900 +36.9% $133 / Sq Ft
01/29/2021 01/29/21 Sold $146,000 -2.7% $104 / Sq Ft
11/17/2020 11/17/20 Pending -- -- --
08/25/2020 08/25/20 For Sale $150,000 -- $107 / 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 $2,010 $93,700 $24,700 $69,000
2023 $1,866 $93,700 $24,700 $69,000
2022 $1,687 $93,700 $24,700 $69,000
2021 $1,826 $95,100 $24,700 $70,400
2020 $1,872 $95,000 $25,000 $70,000
2019 $1,898 $95,000 $25,000 $70,000
2018 $1,859 $95,000 $25,000 $70,000
2017 $1,894 $95,000 $25,000 $70,000
2016 $1,832 $95,000 $25,000 $70,000
2015 $1,786 $95,000 $25,000 $70,000
2014 $1,647 $95,100 $24,700 $70,400
2013 $1,498 $95,100 $24,700 $70,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1466069

Maine Listings

APN: FARN-000000-U000011-000024