Seller's Agent in 2020
Lisa Caron
NextHome Experience
(207) 745-5568
310 Total Sales
228 Marsh Stream Rd Frankfort, ME 04438
Estimated Value: $319,527
--
Bed
2
Baths
2,688
Sq Ft
$119/Sq Ft
Est. Value
Highlights
- Water Views
- Colonial Architecture
- Main Floor Bedroom
- Home fronts a pond
- Wood Flooring
- No HOA
About This Home
As of August 2020Nicely updated and well maintained 2,688 sqft 2 unit multi family home sold with 2 acres. Additional 28 acres available for sale separately. Conveniently located between Bangor and Belfast. The first floor 3 bedroom, 1 bath unit is ready to be owner occupied or seller has a list of potential tenants. Spacious kitchen with dining area and 3 large bedrooms with beautiful hardwood floors. An unheated loft for storage or office on the upper floor. Second floor unit has a separate entrance and driveway with 3 bedrooms, 1 bath and a private upper deck overlooking a field with a farm pond. Updated throughout and currently leased for $950/month. Each unit has its own hot water heater. This property is located in the sought after RSU 22. Perfect as an investment or owner occupy and have a tenant help pay the mortgage. Call today to schedule a private showing.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,355
Year Built
- Built in 1850
Lot Details
- 2 Acre Lot
- Home fronts a pond
- Rural Setting
- Level Lot
- Open Lot
Property Views
- Water
- Woods
Home Design
- Colonial Architecture
- New Englander Architecture
- Farmhouse Style Home
- Concrete Foundation
- Slab Foundation
- Wood Frame Construction
- Pitched Roof
- Shingle Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 2,688 Sq Ft Home
- 2-Story Property
- Laundry on main level
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- Main Floor Bedroom
- 2 Full Bathrooms
- Shower Only
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
- Dirt Floor
Parking
- Gravel Driveway
- Off-Street Parking
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Oil
- Heating System Uses Propane
- Heating System Mounted To A Wall or Window
- Private Water Source
- Electric Water Heater
- Private Sewer
Additional Features
- Doors are 32 inches wide or more
- Outbuilding
- Property is near a golf course
- Pasture
Listing and Financial Details
- Tax Lot 26
- Assessor Parcel Number 228marshstreamroadfrankfort04438
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Operating Expense $3,053
- Gross Income $26,400
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 10, 2020
Closed on
Aug 1, 2020
Sold by
Tripp Michael A and Tripp Lisa S
Bought by
Allard Eric R
Seller's Agent
Lisa Caron
NextHome Experience
Buyer's Agent
Rosanne Bates
ERA Dawson-Bradford Co.
List Price
$174,900
Sold Price
$212,000
Premium/Discount to List
$37,100
21.21%
Total Days on Market
99
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
$107,527
Avg. Annual Appreciation
9.23%
Original Mortgage
$208,500
Outstanding Balance
$188,148
Interest Rate
3.1%
Mortgage Type
VA
Estimated Equity
$134,312
Purchase Details
Closed on
Sep 22, 2005
Sold by
Cyr Anthony R
Bought by
Tripp Michael A
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Allard Eric R | -- | None Available | |
| Tripp Michael A | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Allard Eric R | $208,500 | |
| Previous Owner | Tripp Michael A | $91,173 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/05/2020 08/05/20 | Sold | $212,000 | +21.2% | $79 / Sq Ft |
| 06/18/2020 06/18/20 | Pending | -- | -- | -- |
| 03/10/2020 03/10/20 | For Sale | $174,900 | -- | $65 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $2,400 | $195,886 | $50,688 | $145,198 |
| 2022 | $2,233 | $156,708 | $40,550 | $116,158 |
| 2021 | $2,170 | $156,708 | $40,550 | $116,158 |
| 2020 | $2,304 | $156,708 | $40,550 | $116,158 |
| 2019 | $2,355 | $156,708 | $40,550 | $116,158 |
| 2018 | $2,175 | $156,708 | $40,550 | $116,158 |
| 2017 | $2,092 | $156,708 | $40,550 | $116,158 |
| 2016 | $2,045 | $156,708 | $40,550 | $116,158 |
| 2015 | $2,155 | $156,708 | $40,550 | $116,158 |
| 2014 | $2,155 | $156,708 | $40,550 | $116,158 |
| 2013 | $2,123 | $156,708 | $40,550 | $116,158 |
Source: Public Records
Agents Affiliated with this Home
-
Lisa Caron
-
R
Buyer's Agent in 2020
Rosanne Bates
ERA Dawson-Bradford Co.
Map
Source: Maine Listings
MLS Number: 1446660
APN: FRAT-000007-000000-000026
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.
© 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.
Homes.com, LLC, 17600 Laguna Canyon Rd Irvine, CA 92618 (888)-952-6393
Nearby Homes
- Lot #8 Bonnie Way
- Lot #3 Bonnie Way
- Lot #7 Bonnie Way
- Lot #6 Bonnie Way
- Lot #5 Bonnie Way
- Lot #4 Bonnie Way
- 00 Swanville Rd
- 0 Hamm Road Map 8 Lot 40-6
- 671 Stream Rd
- 165 Stream Rd
- Map1Lot44 N Searsport Rd
- 001-43-1E N Searsport Rd
- 505 Loggin Rd
- 0 Swanville Rd Unit 1575639
- Lot 3 Hamm Rd
- M11L41 Clements Rd
- 5 Clements Rd
- 42 Frankfort Rd
- 00 Chandler Rd
- M14 L24 Swan Lake Ave