NOT LISTED FOR SALE

2 Closson St Randolph, ME 04346

Estimated Value: $284,000 - $388,000

Studio
3 Baths
2,730 Sq Ft
$121/Sq Ft Est. Value

Last Sold August 08, 2024

Last sale price $335,000 $123 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,001/month

10 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Baseboard Heating
  • New Englander Architecture
  • No HOA

About This Home

As of August 2024

This fully occupied three-unit property offers a great opportunity for both owner-occupants and investors. With each tenant responsible for paying heat and electricity, the building has a strong rental history. It is conveniently located close to town and is well-maintained.

Last Agent to Sell the Property

Kim Gleason

McAllister Real Estate Listed on: 06/13/2024

Last Buyer's Agent

Katie McAllister

McAllister Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,848

Year Built

  • Built in 1900

Lot Details

  • 6,098 Sq Ft Lot
  • Corner Lot
  • Level Lot

Home Design

  • 2,730 Sq Ft Home
  • New Englander Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Metal Roof
  • Vinyl Siding

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Full Bathrooms

Unfinished Basement

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

Parking

  • Gravel Driveway
  • Off-Street Parking

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Oil Water Heater

Listing and Financial Details

  • Tax Lot 35
  • Assessor Parcel Number RANH-000003-000000-000035

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $10,048
  • Gross Income $37,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,848

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.14
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: On corner of Water St. and Closson St.
  • Above Grade Finished Sq Ft: 2730.0
  • Architectural Style: New Englander
  • Garage Yn: No
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 120.51
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.14
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2730.0
  • Property Information:Garage: No
  • Site:Corner Lot: 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
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Basement:Unfinished: Yes
  • Roof:Metal: Yes
  • Property Information:Number of Units: 3
  • Income Expenses Gross Income: 37800.0
  • Income Expenses Operating Expenses: 10048.0
  • Driveway:Gravel: Yes
  • Water Heater:Oil2: Yes
  • Style:New Englander: Yes
  • Advertising Remarks:Advertising Remarks: This fully occupied three-unit property offers a great opportunity for both owner-occupants and investors. With each tenant responsible for paying heat and electricity, the building has a strong rental history. It is conveniently located close to town and is well-maintained. FOR MORE DETAILS ON THIS PROPERTY CALL THE LISTING AGENT AT MCALLISTER REAL ESTATE, KIM GLEASON 207-837-3180 OR EMAIL kimgleason@myfairpoint.net.
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Exterior Entry, Bulkhead, Unfinished
  • Full Bathrooms: 3
  • Flooring: Wood, Vinyl, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Corner Lot, Level, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Metal, Shingle

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, 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: 6098.4
  • Parcel #: RANH-000003-000000-000035
  • Zoning: Residential

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 37800.0
  • Annual Operating Expense: 10048.0

Tax Info

  • Tax Annual Amount: 2848.0
  • Tax Lot: 35
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2024
Closed on
Aug 8, 2024
Sold by
Zero G Properties Llc
Bought by
Christmas Obie
Seller's Agent
Kim Gleason
McAllister Real Estate
Buyer's Agent
Katie McAllister
McAllister Real Estate
List Price
$329,000
Sold Price
$335,000
Premium/Discount to List
$6,000
1.82%
Views
7
Current Estimated Value
$330,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,967
Avg. Annual Appreciation
-1.04%
Original Mortgage
$328,932
Outstanding Balance
$323,999
Interest Rate
6.86%
Mortgage Type
FHA
Estimated Equity
$6,034

Purchase Details

Listed on
Oct 15, 2020
Closed on
Jan 29, 2021
Sold by
Kelley Prop Mgmt Llc
Bought by
Zero G Properties Llc
Seller's Agent
Kim Gleason
McAllister Real Estate
Buyer's Agent
James Pepin
Sprague & Curtis Real Estate
List Price
$195,000
Sold Price
$182,500
Premium/Discount to List
-$12,500
-6.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.78%
Original Mortgage
$146,000
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2014
Sold by
Berry Robert R and Berry Debra J
Bought by
Kelley Property Mgmt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
4.26%
Mortgage Type
New Conventional
Source: Public Records
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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
Christmas Obie $335,000 None Available
Christmas Obie $335,000 None Available
Zero G Properties Llc -- None Available
Zero G Properties Llc -- None Available
Kelley Property Mgmt -- --
Kelley Property Mgmt -- --
Kelley Property Mgmt -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Christmas Obie $328,932
Closed Christmas Obie $328,932
Previous Owner Zero G Properties Llc $146,000
Previous Owner Kelley Property Mgmt $108,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/08/2024 08/08/24 Sold $335,000 +1.8% $123 / Sq Ft
06/24/2024 06/24/24 Pending -- -- --
06/13/2024 06/13/24 For Sale $329,000 +80.3% $121 / Sq Ft
01/29/2021 01/29/21 Sold $182,500 -6.4% $67 / Sq Ft View Prior Sale
12/16/2020 12/16/20 Pending -- -- --
10/15/2020 10/15/20 For Sale $195,000 -- $71 / 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 $3,296 $214,000 $20,200 $193,800
2023 $2,848 $163,700 $20,200 $143,500
2022 $2,947 $163,700 $20,200 $143,500
2021 $2,832 $163,700 $20,200 $143,500
2020 $2,783 $163,700 $20,200 $143,500
2019 $2,226 $121,000 $20,200 $100,800
2018 $2,226 $121,000 $20,200 $100,800
2017 $2,226 $121,000 $20,200 $100,800
2016 $2,226 $121,000 $20,200 $100,800
2015 $2,178 $121,000 $20,200 $100,800
2014 $2,124 $121,000 $20,200 $100,800
2013 $1,965 $122,800 $20,200 $102,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1593270

Maine Listings

APN: RANH-000003-000000-000035