NOT LISTED FOR SALE

Estimated Value: $211,000 - $280,000

-- Bed
4 Baths
3,160 Sq Ft
$76/Sq Ft Est. Value

Last Sold July 29, 2024

Last sale price $235,000 $74 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,727/month

126 Days on Market

Highlights

  • Public Beach
  • New Englander Architecture
  • Cooling Available
  • Wood Flooring
  • No HOA
  • Forced Air Heating System

About This Home

As of July 2024

Very nice 3-4 unit apartment house with one commercial space located in the prime area of Millinocket and the Katahdin region. There are currently three units, but the one four-bedroom unit has two separate kitchens and separate bathrooms but only one means of egress for the top unit. This unit would just need another separate entrance to make four separate apartments.
This property is right in the heart of Millinocket, on the main road to Baxter State Park and the North Maine Woods. The commercial space would make a nice retail or office area as the property is zoned downtown commercial. The versatility, location and size of this property gives you multiple options for income. If you are an investor or someone looking to live at a property that pays your bills don't miss this opportunity!

Last Listed By

James Plourde

North Woods Real Estate, LLC Listed on: 12/24/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,690

Year Built

  • Built in 1927

Lot Details

  • 10,019 Sq Ft Lot
  • Public Beach
  • Level Lot

Parking

  • Gravel Driveway

Home Design

  • 3,160 Sq Ft Home
  • New Englander Architecture
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Full Bathrooms

Unfinished Basement

  • Partial Basement
  • Interior and Exterior Basement Entry

Location

  • Property is near a golf course
  • City Lot

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Kerosene
  • Heating System Uses Oil
  • Baseboard Heating
  • Heating System Uses Steam
  • Natural Gas Not Available
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Tax Lot 014
  • Assessor Parcel Number MLNK-000005-000000-000014U

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,690

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.23
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: When entering Millinocket from the south the property will be approximately 2.5 miles on your right. Sign at property
  • Above Grade Finished Sq Ft: 3160.0
  • Architectural Style: New Englander
  • Garage Yn: No
  • Year Built: 1927
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.23
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 3160.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Roof:Metal: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Basement:Partial: Yes
  • Property Information:Number of Units: 3
  • Location:Near Public Beach: Yes
  • Heat System:Steam: Yes
  • Heat Fuel:K-1Kerosene: Yes
  • Driveway:Gravel: Yes
  • Style:New Englander: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Bulkhead, Partial, Exterior Entry, Interior Entry, Unfinished
  • Full Bathrooms: 4
  • Flooring: Wood, Vinyl, Laminate

Exterior Features

  • Lot Features: Level, Sidewalks, Intown, Near Golf Course, Near Public Beach, Near Shopping, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Parking Features: 11 - 20 Spaces, Gravel

Utilities

  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Steam, Forced Air, Baseboard
  • 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: 10018.8
  • Parcel #: MLNK-000005-000000-000014U
  • Zoning: DC

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 2690.0
  • Tax Book Number: 16282
  • Tax Lot: 014
  • Tax Map Number: U05
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 17, 2025
Sold by
Goldstein Eric and Lee Tiffany
Bought by
19 Central Street T and Apex Dynamics Llc Tr
Total Days on Market
126
Current Estimated Value
$239,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,500
Outstanding Balance
$21,482
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$218,031

Purchase Details

Closed on
Nov 19, 2021
Sold by
Smith Dennis W
Bought by
19 Central Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
2.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 15, 2021
Sold by
Parks Edge Inn Llc
Bought by
Smith Dennis W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
2.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 15, 2016
Sold by
Millinocket Town Of
Bought by
Smith Dennis W

Range of Values:

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Average Value
Not Available
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
19 Central Street T -- None Available
19 Central Street T -- None Available
19 Central Street Llc -- None Available
19 Central Street Llc -- None Available
19 Central Street Llc -- None Available
Smith Dennis W -- None Available
Smith Dennis W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 19 Central Street T $21,500
Closed 19 Central Street T $21,500
Previous Owner Goldstein Eric $172,500
Previous Owner 19 Central Street Llc $128,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2024 07/29/24 Sold $235,000 -11.3% $74 / Sq Ft
04/28/2024 04/28/24 Pending -- -- --
12/24/2023 12/24/23 For Sale $264,900 -- $84 / 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 $4,717 $170,900 $6,000 $164,900
2023 $2,690 $95,400 $6,000 $89,400
2022 $2,510 $85,100 $6,000 $79,100
2021 $2,532 $77,900 $6,000 $71,900
2020 $2,509 $73,800 $6,000 $67,800
2019 $2,435 $73,800 $6,000 $67,800
2018 $2,399 $73,800 $6,000 $67,800
2017 $2,384 $73,800 $6,000 $67,800
2016 $2,310 $73,800 $6,000 $67,800
2015 $2,189 $73,800 $6,000 $67,800
2014 $2,184 $73,800 $6,000 $67,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1579526

Maine Listings

APN: MLNK-000005-000000-000014U