NOT LISTED FOR SALE

227 Main St West Paris, ME 04289

Estimated Value: $300,101 - $351,000

-- Bed
4 Baths
2,800 Sq Ft
$116/Sq Ft Est. Value

Last Sold November 04, 2019

Last sale price $186,500 $67 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $1,986/month

1 Day on Market

Highlights

  • Wood Flooring
  • No HOA
  • Wood Siding
  • Farmhouse Style Home
  • Level Lot
  • Heating System Uses Oil

About This Home

As of November 2019

Plan for your retirement with this four-unit. Good rental history. Located in quaint village of West Paris. Owner occupied potential. Close to schools, post office, library. All units are occupied. Tenants pay their own utilities.

Last Agent to Sell the Property

Lorie Olson

Bearfoot Realty Listed on: 09/06/2019

Last Buyer's Agent

Lorie Olson

Bearfoot Realty Listed on: 09/06/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,262

Year Built

  • Built in 1900

Lot Details

  • 0.44 Acre Lot
  • Level Lot
  • Open Lot

Parking

  • Gravel Driveway

Home Design

  • Farmhouse Style Home
  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 4 Full Bathrooms
  • 2,800 Sq Ft Home
  • Multi-Level Property

Flooring

  • Wood
  • Carpet
  • Vinyl

Unfinished Basement

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

Location

  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater
  • Private Sewer

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Tax Lot 26
  • Assessor Parcel Number WPRS-000006-000000-000026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,262

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.44
  • MLS Status: Closed
  • Directions: From Route #26 turn on to Main Street West Paris/219, property will be on your left.
  • Above Grade Finished Sq Ft: 2800.0
  • Architectural Style: Farmhouse, Multi-Level
  • Garage Yn: No
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.44
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 2800.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Property Information:Number of Units: 4
  • Foundation Materials:BrickMortar2: Yes
  • Foundation Materials:Stone: Yes
  • Style:Multi-Level: Yes
  • Exterior:Wood Siding: Yes
  • Sewer:Private Sewer: Yes
  • Property Information:Short Sale Continue to Show: No
  • Driveway:Gravel: Yes
  • Property Information:Deed Restrictions: Unknown
  • Heat System:Direct Vent Heater: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Exterior Entry, Bulkhead, Unfinished
  • Full Bathrooms: 4
  • Flooring: Wood, Vinyl, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Intown
  • Waterfront: No
  • Construction Type: Wood Siding, Vinyl Siding, Wood Frame
  • Foundation Details: Stone, Brick/Mortar
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Gravel

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater, Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: RSU 17/MSAD 17

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 19166.4
  • Parcel #: WPRS-000006-000000-000026
  • Zoning: planning board

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 2262.0
  • Tax Book Number: 5405
  • Tax Lot: 26
  • Tax Map Number: 06
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2019
Closed on
Nov 4, 2019
Sold by
Davis Gordon A
Bought by
Chiasson Timothy A
Seller's Agent
Lorie Olson
Bearfoot Realty
Buyer's Agent
Lorie Olson
Bearfoot Realty
List Price
$199,000
Sold Price
$186,500
Premium/Discount to List
-$12,500
-6.28%
Current Estimated Value
$316,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,312
Avg. Annual Appreciation
8.37%
Original Mortgage
$183,121
Outstanding Balance
$163,129
Interest Rate
3.7%
Mortgage Type
FHA
Estimated Equity
$133,668
Source: Public Records

Range of Values:

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Average Value
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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
Chiasson Timothy A -- --
Chiasson Timothy A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chiasson Timothy A $183,121
Closed Chiasson Timothy A $183,121
Previous Owner Davis Gordon A $87,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2019 11/04/19 Sold $186,500 -6.3% $67 / Sq Ft
09/08/2019 09/08/19 Pending -- -- --
09/06/2019 09/06/19 For Sale $199,000 -- $71 / 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 $3,116 $204,300 $43,900 $160,400
2023 $2,901 $204,300 $43,900 $160,400
2022 $2,697 $204,300 $43,900 $160,400
2021 $2,672 $202,400 $42,000 $160,400
2020 $2,672 $202,400 $42,000 $160,400
2019 $2,285 $116,600 $26,800 $89,800
2018 $2,262 $116,600 $26,800 $89,800
2017 $2,204 $116,600 $26,800 $89,800
2016 $2,046 $116,600 $26,800 $89,800
2015 $2,011 $116,600 $26,800 $89,800
2014 $1,982 $116,600 $26,800 $89,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1432016

Maine Listings

APN: WPRS-000006-000000-000026