NOT LISTED FOR SALE

Estimated Value: $407,000 - $662,000

-- Bed
6 Baths
3,904 Sq Ft
$133/Sq Ft Est. Value

Last Sold May 06, 2016

Last sale price $259,000 $66 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $3,229/month

804 Days on Market

Highlights

  • The property is located in a historic district
  • Colonial Architecture
  • No HOA
  • Abraham Lincoln School Rated 10
  • Property is near public transit
  • Interior Lot

About This Home

As of May 2016

Opportunity to own a fully occupied and renovated 6 Unit. Natural Gas Conversion started. Apt 4&5 have entrances in the front of the building on the second floor. #4 is a very private apartment. Apt 1,2,3 are all on the side with there own individual entrances, ground level. Apt 6 is at the back of the building on the second floor.

Last Agent to Sell the Property

Elisha Hardy

Berkshire Hathaway HomeServices Northeast Real Estate Listed on: 12/17/2013

Berkshire Hathaway HomeServices Northeast Real Estate

Co-Listed By

Todd Hardy

Berkshire Hathaway HomeServices Northeast Real Estate

Last Buyer's Agent

Bonnie Joyce

CENTURY 21 Queen City Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,919

Year Built

  • Built in 1880

Lot Details

  • 7,841 Sq Ft Lot
  • Interior Lot

Home Design

  • Colonial Architecture
  • New Englander Architecture
  • Victorian Architecture
  • Brick Foundation
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Slate Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 6 Full Bathrooms
  • 3,904 Sq Ft Home
  • 3-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Vinyl

Parking

  • Gravel Driveway
  • On-Site Parking

Location

  • Property is near public transit
  • The property is located in a historic district
  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating

Listing and Financial Details

  • Tax Lot 161
  • Assessor Parcel Number 173Pine StreetBangor48161

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Building Details

  • Operating Expense $16,956
  • Gross Income $54,168

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,919

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.18
  • Road Surface Type: Paved
  • Co List Office Phone: 207-942-8261
  • MLS Status: Closed
  • Directions: From Broadway turn onto cumberland Heading towards Essex take first Right travel down pine Olive Building on the Left NO SIGN
  • Above Grade Finished Sq Ft: 3904.0
  • Architectural Style: Colonial, Multi-Level, New Englander, Other Style, Victorian
  • Building Stories: 3
  • Year Built: 1880
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 66.34
  • Property Information:Seasonal: Unknown
  • Property Information:Lot Size Acres -: 0.18
  • Property Information:Total Baths: 6.0
  • Property Information:SqFt Finished Above Grade: 3904.0
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Exterior:Vinyl Siding: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Property Information:Number of Units: 6
  • Foundation Materials:BrickMortar2: Yes
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 54168.0
  • Income Expenses Operating Expenses: 16956.0
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Style:Colonial: Yes
  • Location:Historic District: Yes
  • Gas:Natural - At Street: Yes
  • Driveway:Gravel: Yes
  • Property Information:Deed Restrictions: Unknown
  • Style:New Englander: Yes
  • Transportation:Public Transport Access: Yes
  • Roof:Slate: Yes
  • Advertising Remarks:Advertising Remarks: Call or text Elisha at 207-314-2574, Opportunity to own a fully occupied and renovated 6 Unit. Natural Gas Conversion started. Apt 4&5 have entrances in the front of the building on the second floor. #4 is a very private apartment. Apt 1,2,3 are all on the side with there own individual entrances, ground level. Apt 6 is at the back of the building on the second floor.
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Full
  • Full Bathrooms: 6
  • Flooring: Vinyl, Carpet
  • Full Basement: Yes
  • Location:Interior Lot: Yes

Exterior Features

  • Lot Features: Sidewalks, Historic District, Interior Lot, Intown, Near Shopping, Near Public Transit
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter, Brick/Mortar
  • Roof: Shingle, Slate

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel, On Site

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7840.8
  • Parcel #: 173Pine StreetBangor48161
  • Zoning: M&SD

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 54168.0
  • Annual Operating Expense: 16956.0

Tax Info

  • Tax Annual Amount: 4919.0
  • Tax Lot: 161
  • Tax Year: 2014

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 List to Sale Price per Sq Ft
05/06/2016 05/06/16 Sold $259,000 -26.0% $66 / Sq Ft
03/03/2016 03/03/16 Pending -- -- --
12/19/2013 12/19/13 For Sale $350,000 -- $90 / 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 $6,277 $338,400 $24,300 $314,100
2023 $5,967 $311,600 $24,300 $287,300
2022 $5,645 $276,700 $24,300 $252,400
2021 $5,631 $252,500 $22,500 $230,000
2020 $5,749 $247,800 $22,500 $225,300
2019 $5,637 $245,100 $22,500 $222,600
2018 $5,483 $238,900 $22,500 $216,400
2017 $5,336 $237,800 $22,500 $215,300
2016 $5,310 $236,000 $22,500 $213,500
2015 $5,053 $230,200 $22,500 $207,700
2014 $4,940 $226,600 $22,500 $204,100
2013 $4,919 $236,500 $22,500 $214,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1118908

Maine Listings

APN: BANG-000048-000000-000161