J
Seller's Agent in 2025
Jean Point Du Jour
ERA Dawson-Bradford Co.
(207) 944-8736
9 in this area
30 Total Sales
186 3rd St Bangor, ME 04401
West Bangor Neighborhood
4
Beds
1
Bath
1,280
Sq Ft
5,663
Sq Ft Lot
Highlights
- Wood Flooring
- Corner Lot
- Den
- Main Floor Bedroom
- No HOA
- 5-minute walk to Second Street Park
About This Home
As of August 2025Investor Opportunity in Prime Bangor Location - 186 Third St
Unlock the potential of this 3-bedroom, 1-bathroom home with incredible value-add possibilities! With a little vision, this property can easily be converted into a 4-bedroom, 1.5-bathroom layout — perfect for increasing rental income or resale value. Plus, enjoy peace of mind knowing a **brand-new roof was added in early January 2025**, saving you on major upfront costs.
But the opportunity doesn't stop there — after discussions with the city, it's confirmed that an investor could remove the existing structure and build a single-family home with an ADU (Accessory Dwelling Unit). This opens the door for dual rental income or a flexible multi-generational living space, making it a truly versatile investment.
Located just minutes from the Maine Savings Amphitheatre and Bangor's growing downtown area, this property sits in a developing neighborhood with rising demand and excellent long-term potential. Whether you choose to renovate, rebuild, or rent, this is an investment you don't want to miss.
Don't wait — opportunities like this are rare in such a prime location!
Last Buyer's Agent
NON-MREIS AGENT
Non MREIS Agency
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $688
Year Built
- Built in 1900
Lot Details
- 5,663 Sq Ft Lot
- Corner Lot
- Property is zoned URD-1
Parking
- Gravel Driveway
Home Design
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,280 Sq Ft Home
- Den
- Wood Flooring
Bedrooms and Bathrooms
- 4 Bedrooms
- Main Floor Bedroom
- 1 Full Bathroom
Basement
- Walk-Out Basement
- Brick Basement
Location
- City Lot
Utilities
- No Cooling
- Heating System Uses Oil
- Electricity Not Available
- Natural Gas Not Available
- No Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 125
- Assessor Parcel Number BANG-000024-000000-000125
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 8, 2024
Sold by
Ganikhina Tatyana V
Bought by
Onpoint Management Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Outstanding Balance
$163,683
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$101,016
Purchase Details
Closed on
Apr 23, 2018
Sold by
Bangor City Of
Bought by
Hall Naomi E and Hall Dennis L
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $50,000 | None Available | |
| Warranty Deed | $50,000 | None Available | |
| Not Resolvable | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $165,000 | Purchase Money Mortgage | |
| Closed | $165,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/25/2025 08/25/25 | Sold | $60,000 | 0.0% | $47 / Sq Ft |
| 07/16/2025 07/16/25 | Pending | -- | -- | -- |
| 06/24/2025 06/24/25 | Price Changed | $60,000 | 0.0% | $47 / Sq Ft |
| 06/24/2025 06/24/25 | For Sale | $60,000 | -14.3% | $47 / Sq Ft |
| 05/28/2025 05/28/25 | Pending | -- | -- | -- |
| 04/14/2025 04/14/25 | Price Changed | $70,000 | -12.5% | $55 / Sq Ft |
| 03/17/2025 03/17/25 | Price Changed | $80,000 | -5.9% | $63 / Sq Ft |
| 03/10/2025 03/10/25 | Price Changed | $85,000 | -2.9% | $66 / Sq Ft |
| 03/07/2025 03/07/25 | Price Changed | $87,500 | -2.8% | $68 / Sq Ft |
| 02/28/2025 02/28/25 | For Sale | $90,000 | +143.2% | $70 / Sq Ft |
| 11/18/2021 11/18/21 | Sold | $37,000 | -0.6% | $28 / Sq Ft |
| 10/20/2021 10/20/21 | Pending | -- | -- | -- |
| 10/19/2021 10/19/21 | For Sale | $37,222 | -- | $29 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $688 | $37,100 | $12,800 | $24,300 |
| 2023 | $666 | $34,800 | $12,800 | $22,000 |
| 2022 | $1,679 | $82,300 | $12,800 | $69,500 |
| 2021 | $1,568 | $70,300 | $11,800 | $58,500 |
| 2020 | $1,524 | $65,700 | $11,300 | $54,400 |
| 2019 | $1,467 | $63,800 | $11,300 | $52,500 |
| 2018 | $1,395 | $60,800 | $11,000 | $49,800 |
| 2017 | $1,360 | $60,300 | $11,000 | $49,300 |
| 2016 | $1,361 | $60,500 | $11,000 | $49,500 |
| 2015 | $1,328 | $60,500 | $11,000 | $49,500 |
| 2014 | $1,312 | $60,200 | $11,000 | $49,200 |
| 2013 | $1,250 | $60,100 | $10,900 | $49,200 |
Source: Public Records
Agents Affiliated with this Home
-
Jean Point Du Jour
-
N
Buyer's Agent in 2025
NON-MREIS AGENT
Non MREIS Agency
-
P
Seller's Agent in 2021
Phil Cormier
Keller Williams Realty
-
P
Buyer's Agent in 2021
Philip Cormier
ERA Dawson-Bradford Co.
Map
Source: Maine Listings
MLS Number: 1615212
APN: BANG-000024-000000-000125
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