NOT LISTED FOR SALE

Estimated Value: $168,452 - $311,000

3 Beds
2 Baths
2,356 Sq Ft
$99/Sq Ft Est. Value

Last Sold October 11, 2024

Last sale price $159,000 $67 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,574/month

54 Days on Market

Highlights

  • Colonial Architecture
  • Property is near public transit
  • 1 Fireplace
  • Abraham Lincoln School Rated 10
  • Wood Flooring
  • No HOA

About This Home

As of October 2024

Solid Colonial style building that was remodeled in 2011. The remodel included foundation work, plumbing, wiring, vinyl siding, some roofing and the interior was finished with lots of tile work. Apartments come partially furnished. There are some minor repairs needed so not sure if home qualifies for all type of govennment loans. Location is everything, and this 2-unit is conveniently located near the newly renovated Broadway Park, which features play areas for kids and an outdoor gym area for adults, offering fun and fitness for the whole family. Plus, you'll be near all that downtown Bangor has to offer and have easy access to I-95, making it convenient for shopping, dining, and commuting. Bangor, Maine, is a vibrant city with a rich history and a welcoming community. Located along the Penobscot River, Bangor is known for its beautiful natural scenery, historic architecture, outdoor concerts and lively cultural sceneThe home is being sold 'AS IS, WHERE IS'. The 1st floor apartment is empty and the 2nd floor is occupied with a month to month tenant. The 3rd floor has a 3/4 bath and there is a possibility of having 3 units based upon city approval.

Last Agent to Sell the Property

Hilma Adams

Adams Real Estate Listed on: 07/23/2024

Co-Listed By

Philip Adams

Adams Real Estate

Last Buyer's Agent

Lewis Morrison

ERA Dawson-Bradford Co.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,941

Year Built

  • Built in 1900

Lot Details

  • 6,970 Sq Ft Lot
  • Landscaped

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 2,356 Sq Ft Home
  • 1 Fireplace

Flooring

  • Wood
  • Tile

Unfinished Basement

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

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Location

  • Property is near public transit
  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Tankless Water Heater
  • Water Heated On Demand

Listing and Financial Details

  • Tax Lot 155
  • Assessor Parcel Number BANG-000048-000000-000155

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • 25-Story Property

Building Details

  • Operating Expense $12,000
  • Gross Income $24,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,941

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.16
  • Road Surface Type: Paved
  • Co List Office Phone: 207-990-3929
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 2356.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Building Stories: 25
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 67.87
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.16
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2356.0
  • Property Information:Garage: No
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Hot Water: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:On Demand: Yes
  • Exterior:Vinyl Siding: Yes
  • Gas:Natural - On Site: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Heat Fuel:Gas Natural: Yes
  • Water Heater:Tankless: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:Stone: Yes
  • Building Info:_pound_ Stories2: 25
  • Income Expenses Gross Income: 24000.0
  • Income Expenses Operating Expenses: 12000.0
  • Parking:On Site2: Yes
  • Style:Colonial: Yes
  • Building Info:_pound_ Fireplaces3: 1
  • Parking:Paved3: Yes
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Transportation:Public Transport Access: Yes
  • Building Info:_pound_ Floors3: 3
  • Advertising Remarks:Advertising Remarks: Solid Colonial style building that was remodeled in 2011. The remodel included foundation work, plumbing, wiring, vinyl siding, some roofing and the interior was finished with lots of tile work. Apartments come partially furnished. There are some minor repairs needed so not sure if home qualifies for all type of govennment loans. The home is being sold "AS IS, WHERE IS". The 1st floor apartment is empty and the 2nd floor is occupied with a month to month tenant. The 3rd floor has a half bath and there is a possibility of returning this large spacious building to a single family home.
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 25

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood, Tile
  • Stories: 3
  • Full Basement: Yes

Exterior Features

  • Lot Features: Sidewalks, Landscaped, Intown, Near Shopping, Near Turnpike/Interstate, Neighborhood, Near Public Transit
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Stone, Concrete Perimeter
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved, On Site

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water
  • 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: 6969.6
  • Parcel #: BANG-000048-000000-000155
  • Zoning: Multi fam & serv

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 24000.0
  • Annual Operating Expense: 12000.0

Tax Info

  • Tax Annual Amount: 3941.0
  • Tax Lot: 155
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 5, 2025
Sold by
Pjg Properties Llc
Bought by
Higgins Matthew H
Current Estimated Value
$233,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Outstanding Balance
$256,500
Interest Rate
6.19%
Mortgage Type
New Conventional
Estimated Equity
-$22,637

Purchase Details

Listed on
Jul 23, 2024
Closed on
Oct 11, 2024
Sold by
R J & L Ong Fournier Lt and Fournier
Bought by
Pjg Properties Llc
Seller's Agent
Hilma Adams
Adams Real Estate
Buyer's Agent
Lewis Morrison
ERA Dawson-Bradford Co.
List Price
$199,900
Sold Price
$159,000
Premium/Discount to List
-$40,900
-20.46%
Views
48

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.92%
Original Mortgage
$120,000
Interest Rate
6.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 30, 2024
Sold by
Fournier Robert J and Fournier Leticia O
Bought by
R J & L O Fournier Lt and Fournier
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 Buyer Sale Price Title Company
Higgins Matthew H $270,000 --
Pjg Properties Llc $159,000 None Available
R J & L O Fournier Lt -- None Available
R J & L O Fournier Lt -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Higgins Matthew H $256,500
Previous Owner Pjg Properties Llc $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2024 10/11/24 Sold $159,000 -0.6% $67 / Sq Ft
09/16/2024 09/16/24 Pending -- -- --
08/22/2024 08/22/24 Price Changed $159,900 -20.0% $68 / Sq Ft
07/23/2024 07/23/24 For Sale $199,900 -- $85 / 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 $4,183 $225,500 $23,300 $202,200
2023 $3,941 $205,800 $23,300 $182,500
2022 $3,576 $175,300 $23,300 $152,000
2021 $3,425 $153,600 $21,600 $132,000
2020 $3,436 $148,100 $21,600 $126,500
2019 $3,282 $142,700 $21,600 $121,100
2018 $3,027 $131,900 $21,600 $110,300
2017 $2,938 $130,300 $21,600 $108,700
2016 $2,871 $127,600 $21,600 $106,000
2015 $2,801 $127,600 $21,600 $106,000
2014 $2,712 $124,400 $21,600 $102,800
2013 $2,588 $124,400 $21,600 $102,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1597500

Maine Listings

APN: BANG-000048-000000-000155