NOT LISTED FOR SALE

Estimated Value: $641,514 - $823,000

5 Beds
2 Baths
2,448 Sq Ft
$288/Sq Ft Est. Value

Last Sold November 13, 2020

Last sale price $440,000 $180 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $4,373/month

4 Days on Market

Highlights

  • Nearby Water Access
  • No HOA
  • Baseboard Heating
  • Dora L. Small Elementary School Rated 9+
  • 2 Car Detached Garage
  • 5-minute walk to School Street Playground

About This Home

As of November 2020

This multi-family property in desirable Ferry Village would make an amazing owner occupied or investment property.
With many updates over the years including new kitchens and baths, windows, roof, etc. replace some flooring and paint and move in!
The spacious 2 car garage and large yard is an added bonus.

Last Agent to Sell the Property

Vicki Kennedy

RE/MAX Oceanside Listed on: 09/30/2020

RE/MAX Oceanside

Last Buyer's Agent

Randy Ferrell

Portside Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,758

Year Built

  • Built in 1900

Lot Details

  • 7,841 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Membrane Roofing
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2,448 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Vinyl

Unfinished Basement

  • Interior Basement Entry
  • Sump Pump

Outdoor Features

  • Nearby Water Access

Utilities

  • No Cooling
  • Radiator
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Hot Water Heating System
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 047
  • Assessor Parcel Number SPOR-000005-000000-000047

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $1
  • Gross Income $16,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,758

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.18
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Take Broadway from Millcreek, turn left after the Boys and Girls Club. Go straight to stay on Stanford Street where the road splits to continue to #198-200 on the right.
  • Above Grade Finished Sq Ft: 2448.0
  • Architectural Style: Multi-Level
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.18
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2448.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Gas: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Gas:Natural - On Site: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 2
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 16800.0
  • Income Expenses Operating Expenses: 1.0
  • Style:Multi-Level: Yes
  • Recreational Water:Nearby: Yes
  • Heat System:Direct Vent Heater: Yes
  • Basement:Sump Pump: Yes
  • Heat System:Radiator: Yes
  • Roof:Membrane: Yes
  • Building Info:_pound_ Floors3: 2
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Sump Pump, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Flooring: Vinyl, Carpet
  • Stories: 2

Exterior Features

  • Lot Features: Level, Near Shopping
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Membrane, Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Paved, Detached, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiator, Hot Water, Direct Vent Heater, 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: 7840.8
  • Parcel #: SPOR-000005-000000-000047
  • Zoning: G

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 16800.0
  • Annual Operating Expense: 1.0

Tax Info

  • Tax Annual Amount: 4757.78
  • Tax Book Number: 19646
  • Tax Lot: 047
  • Tax Map Number: 005
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2020
Closed on
Nov 13, 2020
Sold by
Mullin Peter W and Mullin Nancy J
Bought by
Cekutis David L
Seller's Agent
Vicki Kennedy
RE/MAX Oceanside
Buyer's Agent
Randy Ferrell
Portside Real Estate Group
List Price
$425,000
Sold Price
$440,000
Premium/Discount to List
$15,000
3.53%
Current Estimated Value
$705,379

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,379
Avg. Annual Appreciation
8.94%
Original Mortgage
$330,000
Outstanding Balance
$298,305
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$366,599
Source: Public Records

Range of Values:

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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
Cekutis David L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cekutis David L $330,000
Previous Owner Mullin Peter W $223,000
Previous Owner Mullin Peter W $95,000
Previous Owner Mullin Peter W $80,000
Previous Owner Mullin Peter W $83,500
Previous Owner Mullin Peter W $10,001
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2020 11/13/20 Sold $440,000 +3.5% $180 / Sq Ft
10/05/2020 10/05/20 Pending -- -- --
09/30/2020 09/30/20 For Sale $425,000 -- $174 / 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 $6,711 $508,400 $195,500 $312,900
2023 $5,693 $402,600 $131,000 $271,600
2022 $5,451 $350,300 $104,800 $245,500
2021 $5,149 $350,300 $104,800 $245,500
2020 $4,758 $240,900 $80,600 $160,300
2019 $4,120 $240,900 $80,600 $160,300
2018 $4,004 $240,900 $80,600 $160,300
2017 $4,336 $240,900 $80,600 $160,300
2016 $4,135 $233,600 $73,300 $160,300
2015 $4,065 $233,600 $73,300 $160,300
2014 $3,824 $233,600 $73,300 $160,300
2013 -- $233,600 $73,300 $160,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1470970

Maine Listings

APN: SPOR-000005-000000-000047