NOT LISTED FOR SALE

201 Waldo St Rumford, ME 04276

Estimated Value: $636,292

-- Bed
12 Baths
7,776 Sq Ft
$82/Sq Ft Est. Value

Last Sold March 15, 2023

Last sale price $600,000 $77 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,678/month

Highlights

  • Wood Flooring
  • No HOA
  • Shed
  • Corner Lot
  • Porch
  • Forced Air Heating System

About This Home

As of March 2023

Great investment with this 12 unit, 10-1 bedroom units and 2-2 bedroom units with plenty of off street parking. This building offers a newer boiler, roof and its been thru the lead abatement program along with having been remodeled in the past few years there is nothing to do but sit back and collect the rent.

Last Agent to Sell the Property

Renee Roy

Better Homes & Gardens Real Estate/The Masiello Group Listed on: 03/16/2023

Better Homes & Gardens Real Estate/The Masiello Group

Last Buyer's Agent

Renee Roy

Better Homes & Gardens Real Estate/The Masiello Group Listed on: 03/16/2023

Better Homes & Gardens Real Estate/The Masiello Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,225

Year Built

  • Built in 1925

Lot Details

  • 7,841 Sq Ft Lot
  • Corner Lot
  • Interior Lot
  • Level Lot

Home Design

  • Flat Roof Shape
  • Wood Frame Construction
  • Tar and Gravel Roof
  • Vinyl Siding

Interior Spaces

  • 12 Full Bathrooms
  • 7,776 Sq Ft Home
  • 4-Story Property

Flooring

  • Wood
  • Carpet
  • Vinyl

Unfinished Basement

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

Parking

  • Gravel Driveway
  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Shed
  • Porch

Location

  • City Lot

Utilities

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

Listing and Financial Details

  • Tax Lot 190
  • Assessor Parcel Number RUMF-000113-000000-000190

Community Details

Overview

  • No Home Owners Association
  • 12 Units

Building Details

  • Operating Expense $23,908
  • Gross Income $104,364

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,225

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.18
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Heading up Route 2 Downtown Rumford Pass Hannaford On The Right & Take A Left Onto Waldo St. Property Will Be At The End On The Right.
  • Above Grade Finished Sq Ft: 7776.0
  • Architectural Style: Multi-Level, Other Style
  • Garage Yn: No
  • Building Stories: 4
  • Year Built: 1925
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.18
  • Property Information:Total Baths: 12.0
  • Property Information:SqFt Finished Above Grade: 7776.0
  • 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
  • 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
  • Exterior:Vinyl Siding: Yes
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Basement Entry:Doghouse: Yes
  • Property Information:Number of Units: 12
  • Building Info:_pound_ Stories2: 4
  • Income Expenses Gross Income: 104364.0
  • Income Expenses Operating Expenses: 23908.0
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Property Information:Short Sale Continue to Show: No
  • Driveway:Gravel: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Roof:Flat: Yes
  • Building Info:_pound_ Floors3: 5
  • Roof:TarGravel: Yes
  • Other Structures:Shed: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4

Interior Features

  • Has Basement: Full, Doghouse, Unfinished
  • Full Bathrooms: 12
  • Fireplace: No
  • Flooring: Wood, Vinyl, Carpet
  • Stories: 5
  • Full Basement: Yes
  • Location:Interior Lot: Yes

Exterior Features

  • Lot Features: Corner Lot, Level, Sidewalks, Interior Lot, Intown
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Other Structures: Shed(s)
  • Patio And Porch Features: Porch
  • Roof: Flat, Tar/Gravel
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Gravel, On Site, Off Street

Utilities

  • 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
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7840.8
  • Parcel #: RUMF-000113-000000-000190
  • Zoning: none

Multi Family

  • Number Of Units Total: 12
  • Annual Gross Income: 104364.0
  • Annual Operating Expense: 23908.0

Tax Info

  • Tax Annual Amount: 2225.0
  • Tax Book Number: 5358
  • Tax Lot: 190
  • Tax Map Number: 113
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2023
Closed on
Mar 15, 2023
Sold by
Ray Corp
Bought by
Teal Harbor Prop Llc
Seller's Agent
Renee Roy
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Renee Roy
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$599,900
Sold Price
$600,000
Premium/Discount to List
$100
0.02%
Current Estimated Value
$636,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,292
Original Mortgage
$522,400
Outstanding Balance
$508,812
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 28, 2017
Sold by
Rein Gail A
Bought by
Ray Corp
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
Teal Harbor Prop Llc $600,000 None Available
Ray Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Teal Harbor Prop Llc $522,400
Previous Owner Ray Matthew $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2023 03/16/23 For Sale $599,900 0.0% $77 / Sq Ft
03/15/2023 03/15/23 Sold $600,000 -- $77 / Sq Ft
12/16/2022 12/16/22 Pending -- -- --
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 $2,333 $140,400 $17,800 $122,600
2023 $2,225 $100,300 $12,700 $87,600
2022 $2,225 $100,300 $12,700 $87,600
2021 $2,252 $100,300 $12,700 $87,600
2020 $2,267 $100,300 $12,700 $87,600
2019 $2,240 $73,442 $3,500 $69,942
2018 $2,185 $73,442 $3,500 $69,942
2017 $2,374 $82,300 $3,500 $78,800
2016 $2,304 $82,300 $3,500 $78,800
2015 $2,259 $82,300 $3,500 $78,800
2014 $2,218 $82,300 $3,500 $78,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1553992

Maine Listings

APN: RUMF-000113-000000-000190