NOT LISTED FOR SALE

221 Cumberland St Rumford, ME 04276

Estimated Value: $203,237 - $229,000

-- Bed
3 Baths
2,850 Sq Ft
$77/Sq Ft Est. Value

Last Sold March 07, 2016

Last sale price $40,000 $14 Per Sq Ft

Est. 473% increase in value since last sale

Current estimated payment $1,417/month

327 Days on Market

Highlights

  • Wood Flooring
  • Detached Garage
  • Baseboard Heating
  • No HOA
  • Porch
  • Lot Has A Rolling Slope

About This Home

As of March 2016

This three unit has two long-term tenants and is in good shape. Included is plenty of private and secure parking and many additional garages. Third floor is clean and ready to rent. Each unit is a three bedroom, and all units have washer and dryer hookups. Landlords appliances are included with the sale.

Last Agent to Sell the Property

John Bartash

Hebert Realty Group Brokerage Email: info@hebertrealtygroup.com Listed on: 07/27/2015

Last Buyer's Agent

John Bartash

Hebert Realty Group Brokerage Email: info@hebertrealtygroup.com Listed on: 07/27/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Has A Rolling Slope

Home Design

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

Interior Spaces

  • 3 Full Bathrooms
  • 2,850 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Carpet
  • Vinyl

Basement

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

Parking

  • Detached Garage
  • Driveway
  • Off-Street Parking

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Private Water Source

Additional Features

  • Porch
  • City Lot

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Tax Lot 247
  • Assessor Parcel Number RUMF-000113-000000-000247

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.21
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From the corner of Rumford Ave. and Cumberland St. - building is on the left, just after gray garages that are included with property. There is a driveway between garages and building.
  • Above Grade Finished Sq Ft: 2850.0
  • Architectural Style: Multi-Level, Other Style
  • Garage Yn: Yes
  • Building Stories: 3
  • Year Built: 1925
  • Attribution Contact: info@hebertrealtygroup.com
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.21
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2850.0
  • Property Information:Garage: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Baseboard: 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
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Vehicle Storage:Detached: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 3
  • Building Info:_pound_ Stories2: 3
  • Style:Multi-Level: Yes
  • Water:Private2: Yes
  • Site:RollingSloping: Yes
  • Property Information:Bank Owned REO: No
  • Roof:Flat: Yes
  • Roof:TarGravel: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Full, Interior Entry
  • Full Bathrooms: 3
  • Flooring: Wood, Vinyl, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Rolling Slope, Sidewalks, Intown, Near Shopping
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • 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, Paved, Detached, Off Street

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: RSU 10

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9147.6
  • Parcel #: RUMF-000113-000000-000247
  • Zoning: None

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 1313.0
  • Tax Book Number: 2751
  • Tax Lot: 247
  • Tax Map Number: 113
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2015
Closed on
Mar 9, 2016
Sold by
Fisher Harvey S
Bought by
Rideout Walter L
Seller's Agent
John Bartash
Hebert Realty Group
Buyer's Agent
John Bartash
Hebert Realty Group
List Price
$64,900
Sold Price
$40,000
Premium/Discount to List
-$24,900
-38.37%
Current Estimated Value
$229,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,101
Avg. Annual Appreciation
19.80%
Original Mortgage
$65,000
Interest Rate
3.79%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Rideout Walter L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Rideout Walter L $50,341
Closed Rideout Walter L $17,546
Closed Rideout Walter L $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2016 03/07/16 Sold $40,000 -38.4% $14 / Sq Ft
01/27/2016 01/27/16 Pending -- -- --
03/05/2015 03/05/15 For Sale $64,900 -- $23 / 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 $1,959 $117,900 $8,400 $109,500
2023 $1,868 $84,200 $6,000 $78,200
2022 $1,868 $84,200 $6,000 $78,200
2021 $1,890 $84,200 $6,000 $78,200
2020 $1,903 $84,200 $6,000 $78,200
2019 $1,486 $48,724 $3,000 $45,724
2018 $1,450 $48,724 $3,000 $45,724
2017 $1,406 $48,724 $3,000 $45,724
2016 $1,364 $48,724 $3,000 $45,724
2015 $1,337 $48,724 $3,000 $45,724
2014 $1,313 $48,724 $3,000 $45,724
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1205782

Maine Listings

APN: RUMF-000113-000000-000247