224 State St Bangor, ME 04401
Tree Streets NeighborhoodEstimated payment $7,303/month
Highlights
- Nearby Water Access
- 0.41 Acre Lot
- Wood Flooring
- William S. Cohen School Rated A-
- Property is near public transit
- 5-minute walk to Chapin Park
About This Home
Great opportunity to own this well maintained 9 Unit building in an ideal location! The building consists of 7 residential units and 2 commercial units. Several of the residential units have updates including new flooring, newer kitchen cabinets, fresh paint and tile in the bathrooms. Property converted to natural gas. Newer gas furnace. New exterior paint. Main floor commercial unit is spacious and has hardwood floors, fresh paint and is currently a hair salon. The second commercial unit is on the second floor and offers a full bath and 3 spacious rooms.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,121
Year Built
- Built in 1870
Lot Details
- 0.41 Acre Lot
- Level Lot
Home Design
- Mansard Roof Shape
- Concrete Foundation
- Stone Foundation
- Wood Frame Construction
- Shingle Roof
- Slate Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 7,900 Sq Ft Home
- 3-Story Property
Flooring
- Wood
- Tile
- Vinyl
Bedrooms and Bathrooms
- Main Floor Bedroom
- 7 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Sump Pump
Parking
- Driveway
- Paved Parking
- On-Site Parking
Outdoor Features
- Nearby Water Access
- River Nearby
Location
- Property is near public transit
- City Lot
Utilities
- No Cooling
- Heating System Uses Natural Gas
- Heating System Mounted To A Wall or Window
- Baseboard Heating
- Hot Water Heating System
- Heating System Uses Steam
- Electric Water Heater
- Internet Available
- Cable TV Available
Listing and Financial Details
- Tax Lot 262
- Assessor Parcel Number BANG-000048-000000-000262
Community Details
Overview
- No Home Owners Association
- 7 Units
Building Details
- Operating Expense $44,101
- Gross Income $111,900
Map
Home Values in the Area
Average Home Value in this Area
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 | $11,121 | $599,500 | $32,300 | $567,200 |
| 2023 | $10,561 | $551,500 | $32,300 | $519,200 |
| 2022 | $9,969 | $488,700 | $32,300 | $456,400 |
| 2021 | $9,937 | $445,600 | $30,000 | $415,600 |
| 2020 | $10,145 | $437,300 | $30,000 | $407,300 |
| 2019 | $9,959 | $433,000 | $30,000 | $403,000 |
| 2018 | $9,667 | $421,200 | $30,000 | $391,200 |
| 2017 | $9,487 | $420,700 | $30,000 | $390,700 |
| 2016 | $9,396 | $417,600 | $30,000 | $387,600 |
| 2015 | $8,923 | $406,500 | $30,000 | $376,500 |
| 2014 | $8,707 | $399,400 | $30,000 | $369,400 |
| 2013 | $8,563 | $411,700 | $30,000 | $381,700 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/22/2025 03/22/25 | Pending | -- | -- | -- |
| 02/11/2025 02/11/25 | Price Changed | $1,150,000 | -4.2% | $146 / Sq Ft |
| 11/26/2024 11/26/24 | For Sale | $1,200,000 | +166.7% | $152 / Sq Ft |
| 02/17/2017 02/17/17 | Sold | $450,000 | -28.0% | $57 / Sq Ft |
| 12/20/2016 12/20/16 | Pending | -- | -- | -- |
| 04/16/2015 04/16/15 | For Sale | $625,000 | -- | $79 / Sq Ft |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- |
Source: Maine Listings
MLS Number: 1610228
APN: BANG-000048-000000-000262
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