NOT LISTED FOR SALE

181 Palm St Bangor, ME 04401

Central Bangor Neighborhood

Estimated Value: $365,000 - $498,235

Studio
5 Baths
2,642 Sq Ft
$164/Sq Ft Est. Value

Sale Details

Date Sold: December 19, 2024

Last sale price $445,000 $168 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,830 / mo

Highlights

  • Colonial Architecture
  • No HOA
  • Baseboard Heating
  • Fruit Street School Rated 10
  • Property is near shops
  • Level Lot

About This Home

As of December 2024

U/C prior to listing

Last Agent to Sell the Property

Lewis Morrison Nicole Drake

NextHome Experience Listed on: 12/23/2024

NextHome Experience

Last Buyer's Agent

Lewis Morrison Nicole Drake

NextHome Experience Listed on: 12/23/2024

NextHome Experience

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,127

Year Built

  • Built in 1900

Lot Details

  • 7,841 Sq Ft Lot
  • Level Lot
  • Open Lot

Home Design

  • 2,642 Sq Ft Home
  • Colonial Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 5 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Location

  • Property is near shops
  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number BANG-000052-000000-000021

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • Operating Expense $8,500
  • Gross Income $40,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,127

Year Built

Built in 1900

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.18
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: GPS Friendly
  • Above Grade Finished Sq Ft: 2642.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 168.43
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.18
  • Property Information:Total Baths: 5.0
  • Property Information:SqFt Finished Above Grade: 2642.0
  • 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:Baseboard: Yes
  • Heat System:Hot Water: 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
  • Water Heater:Gas: Yes
  • Exterior:Vinyl Siding: Yes
  • Gas:Natural - On Site: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 5
  • Income Expenses Gross Income: 40000.0
  • Income Expenses Operating Expenses: 8500.0
  • Style:Colonial: Yes
  • Electric:Fuses: Yes
  • Advertising Remarks:Advertising Remarks: U/C prior to listing
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 5
  • Flooring: Vinyl, Laminate, Carpet
  • Full Basement: Yes

Exterior Features

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

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Fuses, 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: 7840.8
  • Parcel #: BANG-000052-000000-000021
  • Zoning: RES

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 40000.0
  • Annual Operating Expense: 8500.0

Tax Info

  • Tax Annual Amount: 5127.0
  • Tax Lot: 21
  • Tax Year: 2024

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2024
Closed on
Dec 19, 2024
Sold by
Bought by
Seller's Agent
Lewis Morrison Nicole Drake
NextHome Experience
Buyer's Agent
Lewis Morrison Nicole Drake
NextHome Experience
List Price
$445,000
Sold Price
$445,000
Current Estimated Value
$434,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,691
Avg. Annual Appreciation
-1.49%
Original Mortgage
$380,000
Outstanding Balance
$373,856
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$60,453

Purchase Details

Listed on
Mar 21, 2024
Closed on
Mar 21, 2024
Sold by
Bought by
Seller's Agent
Lewis Morrison Nicole Drake
NextHome Experience
Buyer's Agent
Lewis Morrison Nicole Drake
NextHome Experience
List Price
$425,000
Sold Price
$405,000
Premium/Discount to List
-$20,000
-4.71%
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.38%
Original Mortgage
$303,750
Interest Rate
6.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jul 24, 2019
Closed on
Sep 17, 2019
Sold by
Bought by
Seller's Agent
Pauline Rock
ERA Dawson-Bradford Co.
Buyer's Agent
Pauline Rock
Berkshire Hathaway HomeServices Verani Realty
List Price
$289,000
Sold Price
$260,000
Premium/Discount to List
-$29,000
-10.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.33%
Original Mortgage
$208,000
Interest Rate
3.7%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Central Bangor, ME

  • Paula Igoe Real Estate Agent - Arthur Thomas Properties

    Paula Igoe

    Arthur Thomas Properties

    (207) 501-2629

    91 Total Sales

    1 in Central Bangor

    $390,000 Price

    Paula Igoe
     Section Image
  • James Spear Real Estate Agent - True North Realty, Inc.

    James Spear

    True North Realty, Inc.

    (207) 560-0623

    177 Total Sales

    5 in Central Bangor

    $142K - $346K Price Range

    James Spear
     Section Image
  • Jason Edwards Real Estate Agent - EXP Realty

    Jason Edwards

    EXP Realty

    (207) 275-6861

    109 Total Sales

    7 in Central Bangor

    $162K - $395K Price Range

    Jason Edwards
     Section Image
  • Kurtis Marsh Real Estate Agent - Realty of Maine

    Kurtis Marsh

    Realty of Maine

    (207) 945-8166

    221 Total Sales

    18 in Central Bangor

    $76K - $560K Price Range

    Kurtis Marsh
     Section Image
  • Kyle Mcgeechan Real Estate Agent - Two Rivers Realty, LLC

    Kyle Mcgeechan

    Responds Quickly

    Two Rivers Realty, LLC

    (888) 405-2452

    116 Total Sales

    1 in Central Bangor

    $115,000 Price

    Kyle Mcgeechan
     Section Image
  • Julie Cromwell Real Estate Agent - Cromwell Coastal Properties

    Julie Cromwell

    Cromwell Coastal Properties

    (207) 386-8514

    117 Total Sales

    1 in Central Bangor

    $190,000 Price

    Julie Cromwell
     Section Image
See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$475,000 None Available
-- None Available
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $380,000
Previous Owner $303,750
Previous Owner $208,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/23/2024 12/23/24 For Sale $445,000 0.0% $168 / Sq Ft
12/19/2024 12/19/24 Sold $445,000 +9.9% $168 / Sq Ft
11/19/2024 11/19/24 Pending -- -- --
03/21/2024 03/21/24 Sold $405,000 -4.7% $153 / Sq Ft View Prior Sale
03/21/2024 03/21/24 For Sale $425,000 +63.5% $161 / Sq Ft
02/29/2024 02/29/24 Pending -- -- --
09/17/2019 09/17/19 Sold $260,000 -10.0% $98 / Sq Ft View Prior Sale
07/24/2019 07/24/19 Pending -- -- --
07/24/2019 07/24/19 For Sale $289,000 -- $109 / Sq Ft
Source: Maine Listings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $5,321 $300,600 $28,400 $272,200
2024 $5,127 $276,400 $27,100 $249,300
2023 $4,697 $245,300 $26,100 $219,200
2022 $4,461 $218,700 $26,100 $192,600
2021 $4,306 $193,100 $24,200 $168,900
2020 $4,322 $186,300 $23,700 $162,600
2019 $4,241 $184,400 $23,700 $160,700
2018 $4,126 $179,800 $23,700 $156,100
2017 $4,015 $178,900 $23,700 $155,200
2016 $3,996 $177,600 $23,700 $153,900
2015 $3,806 $173,400 $23,700 $149,700
2014 $3,721 $170,700 $23,700 $147,000
2013 $3,815 $183,400 $23,700 $159,700
Source: Public Records

Agents Affiliated with this Home

  • Lewis Morrison Nicole Drake Real Estate Agent - NextHome Experience

    Seller's Agent in 2024

    Lewis Morrison Nicole Drake

    NextHome Experience

    (207) 343-0143

    51 in this area

    402 Total Sales

    Lewis Morrison Nicole Drake
    Section Image

  • P

    Seller's Agent in 2019

    Pauline Rock

    ERA Dawson-Bradford Co.

  • L

    Seller Co-Listing Agent in 2019

    Lewis Morrison

    ERA Dawson-Bradford Co.

See All Agents

Map

Source: Maine Listings

MLS Number: 1611528

Maine Listings

APN: BANG-000052-000000-000021

Maine Penobscot County Bangor 04401 Central Bangor

181 Palm St, Bangor, ME

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