NOT LISTED FOR SALE

20 Canal St MacHias, ME 04654

Estimated Value: $187,000 - $442,000

-- Bed
3.5 Baths
1,790 Sq Ft
$167/Sq Ft Est. Value

Last Sold October 06, 2022

Last sale price $176,000 $98 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $1,956/month

7 Days on Market

Highlights

  • 700 Feet of Waterfront
  • Wood Flooring
  • No HOA
  • Cape Cod Architecture
  • Corner Lot
  • Enclosed Glass Porch

About This Home

As of October 2022

This income-producing property with frontage on the Machias River has a 3-unit apartment building featuring a 2 BR unit on the 1st floor, a 2 BR unit on the 2nd floor, and a two-story 3BR unit at the rear facing the river. Plenty of parking. Outbuildings include a former commercial building and a small shed.

Last Agent to Sell the Property

Kevin Raye

Due East Real Estate Listed on: 07/18/2022

Last Buyer's Agent

Kevin Raye

Due East Real Estate Listed on: 07/18/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,697

Year Built

  • Built in 1900

Lot Details

  • 1.91 Acre Lot
  • 700 Feet of Waterfront
  • River Front
  • Street terminates at a dead end
  • Corner Lot
  • Level Lot

Property Views

  • Water
  • Scenic Vista

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Block Foundation
  • Wood Frame Construction
  • Composition Roof
  • Aluminum Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,790 Sq Ft Home
  • Unfinished Basement
  • Walk-Out Basement
  • Laundry on main level

Flooring

  • Wood
  • Tile
  • Vinyl

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Shed
  • Outbuilding
  • Enclosed Glass Porch

Location

  • City Lot

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Electric Water Heater

Listing and Financial Details

  • Tax Block 43
  • Assessor Parcel Number MCHA-000011-000000-000043

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $12,488
  • Gross Income $39,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,697

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 1.91
  • Road Surface Type: Paved
  • Water Body Name: Machias River
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1790.0
  • Architectural Style: Cape
  • Garage Yn: No
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.91
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 1790.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Storage: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Roof:Composition2: Yes
  • Property Information:Number of Units: 3
  • Income Expenses Gross Income: 39000.0
  • Income Expenses Operating Expenses: 12487.53
  • Foundation Materials:Block3: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Roads:Dead End: Yes
  • Water Info:Waterfront Amount -: 700.0
  • Water Info:Water Frontage Owned -: 700.0
  • Site:RollingSloping: Yes
  • Property Information:Deed Restrictions: Unknown
  • View:Scenic: Yes
  • Exterior:Aluminum Siding: Yes
  • Other Structures:Shed: Yes
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Other Structures:Out Building: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Walk-Out Access, Unfinished
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplace: No
  • Flooring: Wood, Vinyl, Tile
  • Interior Amenities: Storage

Exterior Features

  • Lot Features: Corner Lot, Level, Rolling Slope, Intown, Near Shopping, Neighborhood
  • View: Scenic
  • Waterfront Features: River
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Aluminum Siding, Wood Frame
  • Foundation Details: Block, Concrete Perimeter
  • Other Structures: Outbuilding, Shed(s)
  • Patio And Porch Features: Glass Enclosed, Porch
  • Roof: Composition
  • Patio and Porch Features:Porch: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Forced Air, 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: 83199.6
  • Parcel #: MCHA-000011-000000-000043
  • Zoning: Unknown

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 39000.0
  • Annual Operating Expense: 12487.53

Tax Info

  • Tax Annual Amount: 3697.0
  • Tax Block: 43
  • Tax Book Number: 877
  • Tax Lot: 0
  • Tax Map Number: 11
  • Tax Year: 2021

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Graham Holdings Llc $132,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2022 10/06/22 Sold $176,000 +10.1% $98 / Sq Ft
07/26/2022 07/26/22 Pending -- -- --
07/18/2022 07/18/22 For Sale $159,900 -- $89 / 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 $3,643 $247,000 $31,300 $215,700
2023 $3,419 $150,600 $21,900 $128,700
2022 $3,183 $146,700 $21,900 $124,800
2021 $660 $146,700 $21,900 $124,800
2020 $3,037 $146,700 $21,900 $124,800
2019 $3,183 $146,700 $21,900 $124,800
2018 $3,183 $146,700 $21,900 $124,800
2017 $3,095 $146,700 $21,900 $124,800
2015 $2,978 $146,700 $21,900 $124,800
2014 $2,934 $146,700 $21,900 $124,800
2013 $2,934 $146,700 $21,900 $124,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1536779

Maine Listings

APN: MCHA-000011-000000-000043