NOT LISTED FOR SALE

215 Penobscot St Rumford, ME 04276

Estimated Value: $64,000 - $201,645

-- Bed
2.5 Baths
2,226 Sq Ft
$67/Sq Ft Est. Value

Last Sold December 21, 2023

Last sale price $48,000 $22 Per Sq Ft

Est. 214% increase in value since last sale

Current estimated payment $972/month

70 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Lot Has A Rolling Slope
  • New Englander Architecture
  • Baseboard Heating
  • Wood Siding

About This Home

As of December 2023

Looking for the perfect investment opportunity? Look no further! Nestled in the heart of picturesque Rumford, Maine, this charming 2-unit home is your canvas for renovation, offering endless possibilities for both homeowners and savvy investors.

Last Agent to Sell the Property

Dan Bolling

Dan The Man Real Estate Listed on: 09/28/2023

Last Buyer's Agent

Jon Berry

Dan The Man Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1915

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Has A Rolling Slope

Parking

  • On-Street Parking

Home Design

  • New Englander Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,226 Sq Ft Home
  • Unfinished Basement
  • Interior Basement Entry

Flooring

  • Wood
  • Vinyl

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Water Heater

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 185
  • Assessor Parcel Number RUMF-000117-000000-000185

Property Details

Home Type

Multi-Family

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.18
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 2226.0
  • Architectural Style: New Englander
  • Garage Yn: No
  • Year Built: 1915
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.18
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2226.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Basement:Unfinished: Yes
  • Property Information:Number of Units: 2
  • Exterior:Wood Siding: Yes
  • Site:RollingSloping: Yes
  • Property Information:Bank Owned REO: Yes
  • Water Heater:Tank: Yes
  • Parking Other Parking: Yes
  • Style:New Englander: Yes
  • Parking:On Street: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Flooring: Wood, Vinyl

Exterior Features

  • Lot Features: Rolling Slope, Neighborhood
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: Other, On Street

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7840.8
  • Parcel #: RUMF-000117-000000-000185
  • Zoning: Residential

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2721.0
  • Tax Book Number: 5786
  • Tax Lot: 185
  • Tax Map Number: 117
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2023
Closed on
Nov 10, 2023
Sold by
Bordeau Thomas P and Us Bank Tna Tr
Bought by
Lsrmf Mh Master Part T Ii and Us Bank Tna Tr
Seller's Agent
Dan Bolling
Dan The Man Real Estate
Buyer's Agent
Jon Berry
Dan The Man Real Estate
List Price
$59,900
Sold Price
$48,000
Premium/Discount to List
-$11,900
-19.87%
Current Estimated Value
$150,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,782
Avg. Annual Appreciation
98.61%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lsrmf Mh Master Part T Ii $107,544 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2023 12/21/23 Sold $48,000 -19.9% $22 / Sq Ft
12/07/2023 12/07/23 Pending -- -- --
09/28/2023 09/28/23 For Sale $59,900 -- $27 / 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 $1,757 $105,700 $17,800 $87,900
2023 $2,721 $122,700 $12,700 $110,000
2022 $2,721 $122,700 $12,700 $110,000
2021 $2,755 $122,700 $12,700 $110,000
2020 $2,773 $122,700 $12,700 $110,000
2019 $1,733 $56,830 $5,500 $51,330
2018 $1,691 $56,830 $5,500 $51,330
2017 $1,640 $56,830 $5,500 $51,330
2016 $1,591 $56,830 $5,500 $51,330
2015 -- $56,830 $5,500 $51,330
2014 -- $56,830 $5,500 $51,330
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1573328

Maine Listings

APN: RUMF-000117-000000-000185