Seller's Agent in 2024
Shirley Erickson
The Christopher Group, LLC
(207) 522-1561
43 Total Sales
21 Colonial Way MacHias, ME 04654
--
Bed
2
Baths
1,464
Sq Ft
3,920
Sq Ft Lot
Highlights
- Wood Flooring
- Zoned Heating
- Level Lot
- No HOA
- Baseboard Heating
- 1-minute walk to Middle River Park
About This Home
As of September 2024MULTI-FAMILY INVESTMENT PROPERTY NEAR CENTER OF MACHIAS: An intown, multi-family property ideally situated in the heart of Machias offering easy access to business amenities and walking distance to the University of Maine at Machias. This stately, two-story building is reminiscent of an earlier time with a blend of period character and modern conveniences and is located across the street from the Burnham Tavern Museum, a prominent National Historic Site.
The property consists of two, two-bedroom apartments with dedicated off-street parking for each unit. The main level unit includes a living room, two bedrooms, a full bath, and eat-in kitchen. Accessed via exterior stairs, the second level unit has a living/dining room area, two bedrooms, a full bath, and kitchen.
This income producing property offers numerous possibilities for the new owner. The main level unit has been used in the past for both commercial and residential purposes.
The Machias Bay area is the perfect spot for residents and visitors to enjoy a wide-range of outdoor activities such as hiking, kayaking, and biking. Nearby Jasper Beach, Roque Bluffs State Park, and the Bold Coast Trail are local treasures. Machias was settled in 1763 and serves as the commercial, educational, medical, cultural, and governmental center of Maine's easternmost county.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,491
Year Built
- Built in 1940
Lot Details
- 3,920 Sq Ft Lot
- Level Lot
Home Design
- 1,464 Sq Ft Home
- Flat Roof Shape
- Pillar, Post or Pier Foundation
- Slab Foundation
- Wood Frame Construction
- Shingle Roof
- Rolled or Hot Mop Roof
- Composition Roof
- Clap Board Siding
- Clapboard
Flooring
- Wood
- Laminate
- Tile
- Vinyl
Parking
- Gravel Driveway
- On-Site Parking
- Off-Street Parking
Utilities
- No Cooling
- Zoned Heating
- Heating System Uses Propane
- Baseboard Heating
- Hot Water Heating System
- Internet Available
Additional Features
- 2 Full Bathrooms
- City Lot
Listing and Financial Details
- Tax Lot 119
- Assessor Parcel Number 21ColonialWayMachias04654
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Operating Expense $6,350
- Gross Income $20,400
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 11, 2024
Closed on
Sep 12, 2024
Sold by
Downeast Way Llc
Bought by
Kilton Seth W and Mcdonald Katie A
Seller's Agent
Shirley Erickson
The Christopher Group, LLC
Buyer's Agent
Christy Alley
Elevate Maine Realty
List Price
$159,000
Sold Price
$135,000
Premium/Discount to List
-$24,000
-15.09%
Views
88
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,952
Avg. Annual Appreciation
-3.65%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $135,000 | None Available | |
| Warranty Deed | $135,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $150,000 | Unknown | |
| Previous Owner | $100,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/12/2024 09/12/24 | Sold | $135,000 | -15.1% | $92 / Sq Ft |
| 07/29/2024 07/29/24 | Pending | -- | -- | -- |
| 04/11/2024 04/11/24 | For Sale | $159,000 | -- | $109 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $1,553 | $105,300 | $26,800 | $78,500 |
| 2023 | $1,491 | $65,700 | $18,800 | $46,900 |
| 2022 | $1,389 | $64,000 | $18,800 | $45,200 |
| 2021 | $1,325 | $64,000 | $18,800 | $45,200 |
| 2020 | $1,325 | $64,000 | $18,800 | $45,200 |
| 2019 | $1,389 | $64,000 | $18,800 | $45,200 |
| 2018 | $1,389 | $64,000 | $18,800 | $45,200 |
| 2017 | $1,350 | $64,000 | $18,800 | $45,200 |
| 2015 | $1,299 | $64,000 | $18,800 | $45,200 |
| 2014 | $1,280 | $64,000 | $18,800 | $45,200 |
| 2013 | $1,280 | $64,000 | $18,800 | $45,200 |
Source: Public Records
Agents Affiliated with this Home
-
Shirley Erickson
-
Christy Alley
Buyer's Agent in 2024
Christy Alley
Elevate Maine Realty
(207) 598-1000
37 Total Sales
Map
Source: Maine Listings
MLS Number: 1586151
APN: MCHA-000011-000000-000119
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