NOT LISTED FOR SALE

194 Katahdin Ave Millinocket, ME 04462

Estimated Value: $109,000 - $141,000

Studio
3 Baths
3,692 Sq Ft
$32/Sq Ft Est. Value

Sale Details

Date Sold: February 28, 2024

Last sale price $85,000 $23 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $837 / mo

13 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Forced Air Heating System
  • New Englander Architecture
  • Property is near shops

About This Home

As of February 2024

An ideal property if you would like to live in the house and collect income from the others to cover your living expenses or just looking for an investment property in the Katahdin region. This is a duplex with one 2-bedroom unit, one 3-bedroomunit and a separate 2-bedroom home in the back. The property is located within easy walking distance to downtown Millinocket, close to stores, restaurants, snowmobile and ATV trails and right on the way to Mount Katahdin and the great North Maine Woods. The property has a newer metal roof on the front of the house and newer shingles on the back house, newer furnaces throughout and upgraded electrical. It really is just in need of someone to do the cosmetic work and put it back to the income producer it can easily be!

Last Agent to Sell the Property

James Plourde

North Woods Real Estate, LLC Listed on: 01/03/2024

Last Buyer's Agent

James Plourde

North Woods Real Estate, LLC Listed on: 01/03/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,887

Year Built

  • Built in 1910

Lot Details

  • 7,841

Parking

  • Gravel Driveway

Home Design

  • 3,692 Sq Ft Home
  • New Englander Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Metal Roof
  • Vinyl Siding

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Unfinished Basement

  • Partial Basement
  • Interior Basement Entry

Location

  • Property is near shops
  • City Lot

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Natural Gas Not Available
  • Electric Water Heater

Additional Features

  • 3 Full Bathrooms
  • 7,841 Sq Ft Lot

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Tax Lot 040
  • Assessor Parcel Number MLNK-000004-000000-000040U

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,887

Year Built

Built in 1910

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: When entering from the south follow Central street through town until it connects with Katahdin Avenue. Turn left onto Katahdin Avenue and the property is one block down on your left
  • Above Grade Finished Sq Ft: 3692.0
  • Architectural Style: New Englander
  • Garage Yn: No
  • Year Built: 1910
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 24.35
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.18
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 3692.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: 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
  • Driveway:Gravel: Yes
  • Style:New Englander: Yes
  • Advertising Remarks:Advertising Remarks: An ideal property if you would like to live in the house and collect income from the others to cover your living expenses or just looking for an investment property in the Katahdin region. This is a duplex with one 2-bedroom unit, one 3-bedroomunit and a separate 2-bedroom home in the back. The property is located within easy walking distance to downtown Millinocket, close to stores, restaurants, snowmobile and ATV trails and right on the way to Mount Katahdin and the great North Maine Woods. The property has a newer metal roof on the front of the house and newer shingles on the back house, newer furnaces throughout and upgraded electrical. It really is just in need of someone to do the cosmetic work and put it back to the income producer it can easily be!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Partial, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Flooring: Wood, Vinyl, Laminate, Carpet

Exterior Features

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

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • 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: 7840.8
  • Parcel #: MLNK-000004-000000-000040U
  • Zoning: DC

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 1887.0
  • Tax Lot: 040
  • Tax Year: 2023

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
Jan 3, 2024
Closed on
Feb 26, 2024
Sold by
Bought by
Seller's Agent
James Plourde
North Woods Real Estate, LLC
Buyer's Agent
James Plourde
North Woods Real Estate, LLC
List Price
$89,900
Sold Price
$85,000
Premium/Discount to List
-$4,900
-5.45%
Views
3
Current Estimated Value
$119,681

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,681
Avg. Annual Appreciation
16.43%

Purchase Details

Listed on
Apr 28, 2017
Closed on
Aug 29, 2017
Sold by
Bought by
Seller's Agent
Celina Fellows
Bean Group
Buyer's Agent
Celina Fellows
Acres Away, Inc.
List Price
$47,000
Sold Price
$15,000
Premium/Discount to List
-$32,000
-68.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.53%

Purchase Details

Closed on
Nov 13, 2013
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
-- None Available
-- --
-- --
-- --
-- --
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
02/28/2024 02/28/24 Sold $85,000 -5.5% $23 / Sq Ft
01/16/2024 01/16/24 Pending -- -- --
01/03/2024 01/03/24 For Sale $89,900 +499.3% $24 / Sq Ft
08/28/2017 08/28/17 Sold $15,000 -68.1% -- View Prior Sale
08/14/2017 08/14/17 Pending -- -- --
04/28/2017 04/28/17 For Sale $47,000 -- --
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 $2,291 $99,600 $9,200 $90,400
2024 $2,277 $82,500 $4,600 $77,900
2023 $1,887 $66,900 $4,600 $62,300
2022 $1,761 $59,700 $4,600 $55,100
2021 $1,778 $54,700 $4,600 $50,100
2020 $1,765 $51,900 $4,600 $47,300
2019 $1,713 $51,900 $4,600 $47,300
2018 $1,687 $51,900 $4,600 $47,300
2017 $1,676 $51,900 $4,600 $47,300
2016 $1,624 $51,900 $4,600 $47,300
2015 $1,539 $51,900 $4,600 $47,300
2014 $1,536 $51,900 $4,600 $47,300
Source: Public Records

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Map

Source: Maine Listings

MLS Number: 1579840

Maine Listings

APN: MLNK-000004-000000-000040U

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