Dustin Mallar
Maine Source Realty
(207) 705-0663
71 Total Sales
1 in Rumford
$88,500 Price
218 Penobscot St Rumford, ME 04276
Rumford AreaEstimated Value: $190,000 - $252,196
Studio
3.5
Baths
2,776
Sq Ft
$80/Sq Ft
Est. Value
Highlights
- Scenic Views
- Wood Flooring
- No HOA
- Deck
- New Englander Architecture
- Porch
About This Home
As of October 2022Located on one of the nicest downtown streets in Rumford and perched at the crest of the hill, this well-kept three-unit multi-family two established tenants as well as a third floor unit (2-beds, 1.5 baths with laundry) that is ready to rent or be owner-occupied (and it has phenomenal mountain views!). Current revenue from the two units is 2,000 per month and rising to $2300 in July 2023. The building also features altogether five decks and porches, with views of the street or the mountain view out the back. The current owner updated all electrical (removing all knob and tube wiring) as well as numerous other improvements. Wtihin walking distance to downtown Rumford and just 30 minutes to Sunday River and Bethel!
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,528
Year Built
- Built in 1920
Lot Details
- 6,098 Sq Ft Lot
- Level Lot
Property Views
- Scenic Vista
- Mountain
Home Design
- New Englander Architecture
- Block Foundation
- Stone Foundation
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 2,776 Sq Ft Home
- 3-Story Property
Flooring
- Wood
- Carpet
- Laminate
Bedrooms and Bathrooms
- Bathtub
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- Common or Shared Parking
- Shared Driveway
- Paved Parking
- Off-Street Parking
Outdoor Features
- Deck
- Porch
Location
- City Lot
Utilities
- No Cooling
- Heating System Uses Oil
- Baseboard Heating
- Hot Water Heating System
- Natural Gas Not Available
- Oil Water Heater
- Internet Available
Listing and Financial Details
- Tax Lot 194
- Assessor Parcel Number RUMF-000117-000000-000194
Community Details
Overview
- No Home Owners Association
- 3 Units
Pet Policy
- Pets Allowed
Building Details
- Operating Expense $14,673
- Gross Income $24,000
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 1, 2022
Closed on
Oct 14, 2022
Sold by
Bought by
Seller's Agent
Susan Duplessis
Mountain Real Estate Company
Buyer's Agent
Paula Brush
Hebert Realty Group
List Price
$212,000
Sold Price
$214,000
Premium/Discount to List
$2,000
0.94%
Views
4
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
$7,049
Avg. Annual Appreciation
0.85%
Original Mortgage
$214,000
Outstanding Balance
$203,580
Interest Rate
6.02%
Mortgage Type
VA
Estimated Equity
$17,469
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Rumford, ME
-
Dustin Mallar
-
Patricia Gallant
Patricia Gallant
Dream Home Realty LLC
(207) 835-3611
103 Total Sales
1 in Rumford
$329,000 Price
-
Julia Gonsalves
Julia Gonsalves
Biz Realty
(207) 393-2518
39 Total Sales
1 in Rumford
$129,000 Price
-
Mike Quinn
Mike Quinn
EXP Realty
(207) 705-5092
63 Total Sales
6 in Rumford
$99K - $295K Price Range
-
Jason Norton
Jason Norton
Coldwell Banker Realty
(207) 386-3759
44 Total Sales
1 in Rumford
$185,000 Price
-
Tracy Cox
Tracy Cox
The Maine Real Estate Experience
(207) 331-8565
56 Total Sales
1 in Rumford
$103,750 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $214,000 | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $214,000 | ||
| Closed | $45,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/24/2022 10/24/22 | Sold | $214,000 | +0.9% | $77 / Sq Ft | |
| 09/25/2022 09/25/22 | Pending | -- | -- | -- | |
| 09/01/2022 09/01/22 | For Sale | $212,000 | +84.3% | $76 / Sq Ft | |
| 10/15/2021 10/15/21 | Sold | $115,000 | -19.0% | $41 / Sq Ft | View Prior Sale |
| 09/28/2021 09/28/21 | Pending | -- | -- | -- | |
| 07/20/2021 07/20/21 | For Sale | $142,000 | -- | $51 / Sq Ft |
Source: Maine Listings
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $3,019 | $161,200 | $15,700 | $145,500 |
| 2024 | $2,679 | $161,200 | $15,700 | $145,500 |
| 2023 | $2,553 | $115,100 | $11,200 | $103,900 |
| 2022 | $2,553 | $115,100 | $11,200 | $103,900 |
| 2021 | $2,528 | $112,600 | $11,200 | $101,400 |
| 2020 | $2,545 | $112,600 | $11,200 | $101,400 |
| 2019 | $2,481 | $81,333 | $5,500 | $75,833 |
| 2018 | $2,420 | $81,333 | $5,500 | $75,833 |
| 2017 | $2,346 | $81,333 | $5,500 | $75,833 |
| 2016 | $2,277 | $81,333 | $5,500 | $75,833 |
| 2015 | $2,233 | $81,333 | $5,500 | $75,833 |
| 2014 | $2,192 | $81,333 | $5,500 | $75,833 |
Source: Public Records
Agents Affiliated with this Home
-
Susan Duplessis
Seller's Agent in 2022
Susan Duplessis
Mountain Real Estate Company
(207) 400-7886
206 Total Sales
-
Paula Brush
PB
Buyer's Agent in 2022
Paula Brush
Hebert Realty Group
(475) 236-1273
21 Total Sales
-
Tammy Rajaniemi
Seller's Agent in 2021
Tammy Rajaniemi
Keller Williams Coastal and Lakes & Mountains Realty
(678) 428-3716
32 Total Sales
Map
Source: Maine Listings
MLS Number: 1541922
APN: RUMF-000117-000000-000194
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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