$70,000
SOLD JUL 13, 2015

2 Verona St Springvale, ME 04083

-- Bed
3 Baths
2,534 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$28 Per Sq Ft

8% Below List Price

7 Days on Market

Highlights

  • Deck
  • New Englander Architecture
  • Forced Air Heating System
  • Wood Flooring
  • No HOA
  • Baseboard Heating

About This Home

As of October 2019

Opportunity knocks for investment seekers! 3 unit in convenient location. Multiple scenarios make this income producer a great property to take a look at.

Last Agent to Sell the Property

Eric Flynn

Excellence Realty Listed on: 07/27/2015

Last Buyer's Agent

Justin Robbins

Excellence Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 10,019 Sq Ft Lot
  • Level Lot

Home Design

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

Interior Spaces

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

Flooring

  • Wood
  • Carpet
  • Vinyl

Unfinished Basement

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

Parking

  • Gravel Driveway
  • Off-Street Parking

Utilities

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

Additional Features

  • Deck
  • City Lot

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 28
  • Assessor Parcel Number 2VERONASTSanfordK2028

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.23
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From 111, turn right onto Main Street. Continue past Willard School. Turn right onto Verona Street. Property on left.
  • Above Grade Finished Sq Ft: 2534.0
  • Architectural Style: New Englander
  • Building Stories: 3
  • Year Built: 1925
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.23
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2534.0
  • 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:Forced Air: 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
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Basement:Partial: Yes
  • Property Information:Number of Units: 3
  • Building Info:_pound_ Stories2: 3
  • Foundation Materials:Block3: Yes
  • Driveway:Gravel: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: Yes
  • Style:New Englander: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

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

Exterior Features

  • Lot Features: Level, 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: 1 - 4 Spaces, Gravel, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Forced Air, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10018.8
  • Parcel #: 2VERONASTSanfordK2028
  • Zoning: SR

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 3024.0
  • Tax Book Number: 16774
  • Tax Lot: 28
  • Tax Map Number: K20
  • Tax Year: 14

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%
Current Estimated Value
$429,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,392
Avg. Annual Appreciation
11.44%
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:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Not Resolvable -- --
Foreclosure Deed -- --
Warranty Deed $255,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $195,000 Adjustable Rate Mortgage/ARM
Closed $166,125 New Conventional
Previous Owner $40,000 Unknown
Previous Owner $204,000 Adjustable Rate Mortgage/ARM
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

  • Section Image
  • Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1211811

Maine Listings

APN: SANF-000028-K000020