NOT LISTED FOR SALE

173 Main St Mexico, ME 04257

Estimated Value: $179,000 - $220,000

-- Bed
4.5 Baths
2,688 Sq Ft
$75/Sq Ft Est. Value

Last Sold April 22, 2022

Last sale price $165,000 $61 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,293/month

26 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • Level Lot
  • 3 Car Detached Garage
  • Hot Water Heating System
  • Carpet

About This Home

As of April 2022

Don't miss out on this great opportunity. Two units are currently rented with long term renters. Two units are recently empty, both empty units have new paint and been cleaned thoroughly. The building and garage have been recently sided and has a newer roof. The garage will have 3 new bay doors by closing and the siding (one side not done) will be also finished by closing. Come take a look at this great investment property.

Last Agent to Sell the Property

Amanda Court

JC North East Real Estate Listed on: 03/15/2022

Last Buyer's Agent

Charlotte Lane

Coldwell Banker Sandy River Realty

Coldwell Banker Sandy River Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,829

Year Built

  • Built in 1910

Lot Details

  • 10,019 Sq Ft Lot
  • Level Lot

Parking

  • 3 Car Detached Garage
  • Common or Shared Parking
  • Shared Driveway
  • Off-Street Parking

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,688 Sq Ft Home
  • Multi-Level Property

Flooring

  • Carpet
  • Laminate
  • Vinyl

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Sump Pump

Utilities

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

Listing and Financial Details

  • Tax Lot 102
  • Assessor Parcel Number 173MainStreetMexico04257

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $10,504
  • Gross Income $36,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,829

Year Built

Built in 1910

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.23
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Across the street from Lisa's Barber Shop and an ice cream shop. Plenty of parking in the back of the building.
  • Above Grade Finished Sq Ft: 2688.0
  • Architectural Style: Multi-Level
  • Garage Yn: Yes
  • Year Built: 1910
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 61.38
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.23
  • Property Information:Total Baths: 5.0
  • Property Information:SqFt Finished Above Grade: 2688.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 3.0
  • Exterior:Vinyl Siding: Yes
  • Driveway:Common2: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 4
  • Income Expenses Gross Income: 36600.0
  • Income Expenses Operating Expenses: 10504.0
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Basement:Sump Pump: Yes
  • Basement Entry:Exterior Only: Yes
  • Advertising Remarks:Advertising Remarks: Don't miss out on this great opportunity. Two units are currently rented with long term renters. Two units are recently empty, both empty units have new paint and been cleaned thoroughly. The building and garage have been recently sided and has a newer roof. The garage will have 3 new bay doors by closing and the siding (one side not done) will be also finished by closing. Come take a look at this great investment property.
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Sump Pump, Interior Entry, Exterior Only, Unfinished
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Flooring: Vinyl, Laminate, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: 5 - 10 Spaces, Paved, Common, On Site, Detached, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, 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: 10018.8
  • Parcel #: 173MainStreetMexico04257
  • Zoning: Res/Comm

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 36600.0
  • Annual Operating Expense: 10504.0

Tax Info

  • Tax Annual Amount: 2829.48
  • Tax Lot: 102
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2022
Closed on
Apr 22, 2022
Sold by
Mann Michael B and Mann Charlene
Bought by
Milligan Jessica N and Milligan Stephen E
Seller's Agent
Amanda Court
JC North East Real Estate
Buyer's Agent
Charlotte Lane
Coldwell Banker Sandy River Realty
List Price
$165,000
Sold Price
$165,000
Current Estimated Value
$202,083

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,083
Avg. Annual Appreciation
5.63%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Milligan Jessica N $165,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2022 04/22/22 Sold $165,000 0.0% $61 / Sq Ft
04/09/2022 04/09/22 Pending -- -- --
03/13/2022 03/13/22 For Sale $165,000 -- $61 / 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 $2,810 $96,900 $14,800 $82,100
2023 $2,829 $96,900 $14,800 $82,100
2022 $2,829 $96,900 $14,800 $82,100
2021 $2,829 $96,900 $14,800 $82,100
2014 $2,519 $96,900 $14,800 $82,100
2012 $2,423 $96,900 $14,800 $82,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1521620

Maine Listings

APN: MEXI-000020-000000-000102