$60,000
SOLD AUG 25, 2025
4 Beds
1 Bath
1,280 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$47 Per Sq Ft

22 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Den
  • Main Floor Bedroom
  • No HOA
  • 5-minute walk to Second Street Park

About This Home

As of August 2025

Investor 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 Agent to Sell the Property

Jean Point Du Jour

ERA Dawson-Bradford Co. Listed on: 06/24/2025

ERA Dawson-Bradford Co.

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$688

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.13
  • MLS Status: Closed
  • Directions: 186 3rd st bangor in GPS
  • Above Grade Finished Sq Ft: 1280.0
  • Architectural Style: Other
  • Garage Yn: No
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 46.88
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.13
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 1280.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Exterior:Vinyl Siding: Yes
  • Gas:No Gas: Yes
  • Basement:BrickMortar: Yes
  • Driveway:Gravel: Yes
  • Electric:No Electric: Yes
  • Den:Den: Yes
  • Water Heater:None2: Yes
  • Heat System:No Heat System: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Advertising Remarks:Advertising Remarks: Investor 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!
  • Special Features: None

Interior Features

  • Has Basement: Walk-Out Access, Brick/Mortar
  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Wood
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Bedroom 4 Level: First
  • Kitchen Kitchen Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Corner Lot, Intown, Near Turnpike/Interstate
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: No Heat System
  • Heating Yn: Yes
  • Electric: No Electric
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5662.8
  • Parcel #: BANG-000024-000000-000125
  • Zoning: URD-1

Tax Info

  • Tax Annual Amount: 688.0
  • Tax Lot: 125
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2025
Closed on
Aug 25, 2025
Sold by
Onpoint Management Llc
Bought by
Panladda Sungvean
Seller's Agent
Jean Point Du Jour
ERA Dawson-Bradford Co.
Buyer's Agent
NON-MREIS AGENT
Non MREIS Agency
List Price
$60,000
Sold Price
$60,000
Views
91
Current Estimated Value
$61,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,243
Avg. Annual Appreciation
7.07%

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
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 23, 2018
Sold by
Bangor City Of
Bought by
Hall Naomi E and Hall Dennis L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Quit Claim Deed $60,000 --
Quit Claim Deed $60,000 --
Warranty Deed $50,000 None Available
Warranty Deed $50,000 None Available
Warranty Deed $50,000 None Available
Deed -- --
Quit Claim Deed -- --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $165,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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

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 $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

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Map

Source: Maine Listings

MLS Number: 1615212

Maine Listings

APN: BANG-000024-000000-000125