NOT LISTED FOR SALE

2 Verona St Springvale, ME 04083

Estimated Value: $331,726 - $489,000

5 Beds
3 Baths
2,534 Sq Ft
$173/Sq Ft Est. Value

Last Sold October 04, 2019

Last sale price $221,500 $87 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $2,841/month

3 Days on Market

Highlights

  • Deck
  • New Englander Architecture
  • Bathtub
  • Wood Flooring
  • No HOA
  • Tankless Water Heater

About This Home

As of October 2019

OPPORTUNITY! 3 family Multi-unit in great condition and makes money! Updated items throughout the property within the past 4 years include: windows, Rinnai on demand hot water, decking, sheet rocked walls, new roof over rear addition, and refinished original hardwood flooring. This property is a must see to appreciate. A great property for owner occupy or rent out all three!

Last Agent to Sell the Property

Tammy Baker

Town Square Realty Group Listed on: 08/15/2019

Co-Listed By

James Chaisson

Town Square Realty Group

Last Buyer's Agent

Diane Lamprey

Bean Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,329

Year Built

  • Built in 1925

Lot Details

  • 10,019 Sq Ft Lot
  • Level Lot
  • Open Lot

Home Design

  • New Englander Architecture
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,534 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Full Bathrooms
  • Bathtub

Unfinished Basement

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

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Utilities

  • No Cooling
  • Forced Air Zoned Heating System
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Tankless Water Heater
  • Water Heated On Demand
  • Private Sewer

Additional Features

  • Deck
  • City Lot

Listing and Financial Details

  • Tax Lot 28
  • Assessor Parcel Number SANF-000028-K000020

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • The community has rules related to deed restrictions

Building Details

  • Operating Expense $11,057
  • Gross Income $33,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,329

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.23
  • Road Surface Type: Paved
  • Co List Office Mls Id: 3035
  • Co List Office Phone: 207-477-3000
  • MLS Status: Closed
  • Directions: In Springvale, Route 109 (Main Street) south, left onto Verona Street. Property on left, sign on property.
  • Above Grade Finished Sq Ft: 2534.0
  • Architectural Style: New Englander
  • Garage Yn: No
  • Building Stories: 3
  • Year Built: 1925
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.23
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2534.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:On Demand: Yes
  • Exterior:Vinyl Siding: Yes
  • Basement:Unfinished: Yes
  • Water Heater:Tankless: Yes
  • Basement Entry:Doghouse: Yes
  • Property Information:Number of Units: 3
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 33600.0
  • Income Expenses Operating Expenses: 11057.0
  • Foundation Materials:Block3: Yes
  • Amenities:Bathtub: Yes
  • Sewer:Private Sewer: Yes
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed Restrictions: Yes
  • Property Information:Bank Owned REO: No
  • Style:New Englander: Yes
  • Building Info:_pound_ Floors3: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Full, Doghouse, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Fireplace: No
  • Flooring: Wood, Vinyl
  • Interior Amenities: Bathtub
  • Stories: 3
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Intown
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Block
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Paved, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Forced Air, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10018.8
  • Parcel #: SANF-000028-K000020
  • Zoning: SFR

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 33600.0
  • Annual Operating Expense: 11057.0

Tax Info

  • Tax Annual Amount: 3329.0
  • Tax Book Number: 17044
  • Tax Lot: 28
  • Tax Map Number: K20
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2019
Closed on
Oct 4, 2019
Sold by
Mathieu Marc
Bought by
Huber Paula C and Huber Stephen R
Seller's Agent
Tammy Baker
Town Square Realty Group
Buyer's Agent
Diane Lamprey
Bean Group
List Price
$229,000
Sold Price
$221,500
Premium/Discount to List
-$7,500
-3.28%
Total Days on Market
3
Current Estimated Value
$437,432

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,932
Avg. Annual Appreciation
12.67%
Original Mortgage
$166,125
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 27, 2015
Closed on
Jun 26, 2015
Sold by
Central Mortgage Co
Bought by
Mathieu Marc
Seller's Agent
Eric Flynn
Excellence Realty
Buyer's Agent
Justin Robbins
Excellence Realty
List Price
$76,000
Sold Price
$70,000
Premium/Discount to List
-$6,000
-7.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.30%

Purchase Details

Closed on
Jul 25, 2011
Sold by
Cole Michael B
Bought by
Central Mtg Co

Purchase Details

Closed on
Aug 2, 2006
Sold by
Dolbec Gisele and Dolbec Maurice G
Bought by
Cole Dana and Cole Michael B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.8%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Huber Paula C -- --
Mathieu Marc -- --
Central Mtg Co -- --
Cole Dana $255,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huber Stephen R $195,000
Closed Huber Paula C $166,125
Previous Owner Cole Dana C $40,000
Previous Owner Cole Dana $204,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2019 10/04/19 Sold $221,500 -3.3% $87 / Sq Ft
08/19/2019 08/19/19 Pending -- -- --
08/15/2019 08/15/19 For Sale $229,000 +227.1% $90 / Sq Ft
07/13/2015 07/13/15 Sold $70,000 -7.9% $28 / Sq Ft
05/01/2015 05/01/15 Pending -- -- --
04/23/2015 04/23/15 For Sale $76,000 -- $30 / 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 $4,634 $287,100 $38,000 $249,100
2023 $4,313 $284,900 $38,000 $246,900
2022 $4,217 $284,900 $38,000 $246,900
2021 $3,707 $203,900 $38,000 $165,900
2020 $3,673 $182,200 $38,000 $144,200
2019 $3,567 $172,300 $38,000 $134,300
2018 $3,083 $162,400 $38,000 $124,400
2017 $3,368 $162,400 $38,000 $124,400
2016 $3,129 $137,600 $38,000 $99,600
2015 $3,083 $139,900 $38,500 $101,400
2014 -- $139,900 $38,500 $101,400
2013 -- $139,900 $38,500 $101,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1429407

Maine Listings

APN: SANF-000028-K000020