NOT LISTED FOR SALE

228 Marsh Stream Rd Frankfort, ME 04438

Estimated Value: $210,000 - $350,000

Studio
2 Baths
2,688 Sq Ft
$103/Sq Ft Est. Value

Sale Details

Date Sold: August 5, 2020

Last sale price $212,000 $79 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,762 / mo

99 Days on Market

Highlights

  • Water Views
  • Colonial Architecture
  • Main Floor Bedroom
  • Home fronts a pond
  • Wood Flooring
  • No HOA

About This Home

As of August 2020

Nicely 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.

Last Agent to Sell the Property

Lisa Caron

NextHome Experience Listed on: 03/10/2020

NextHome Experience

Last Buyer's Agent

Rosanne Bates

ERA Dawson-Bradford Co.

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

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 golf course
  • Pasture

Listing and Financial Details

  • Tax Lot 26
  • Assessor Parcel Number 228marshstreamroadfrankfort04438

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $3,053
  • Gross Income $26,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,355

Year Built

Built in 1850

Lot Details

2 Acres

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 2.0
  • Road Surface Type: Paved
  • Water Body Name: Farm Pond
  • MLS Status: Closed
  • Directions: From Bangor, travel south on Rt 1A to Frankfort. Turn right on Loggin Rd. continue approximately 4 miles to Stream Rd. on left. Subject is approximately 1 mile on left. Sign is up.
  • Above Grade Finished Sq Ft: 2688.0
  • Architectural Style: Colonial, Farmhouse, New Englander
  • Garage Yn: No
  • Year Built: 1850
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 65.07
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 2.0
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2688.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Oil: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Property Information:Number of Units: 2
  • Income Expenses Gross Income: 26400.0
  • Income Expenses Operating Expenses: 3053.0
  • Style:Colonial: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Basement:Dirt Floor: Yes
  • Roof:Pitched: Yes
  • Property Information:Short Sale Continue to Show: No
  • Basement:Slab2: Yes
  • Location:Rural: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • View:TreesWoods: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • View:Fields: Yes
  • Heat System:Direct Vent Heater: Yes
  • Site:PastureField: Yes
  • Style:New Englander: Yes
  • Building Info:_pound_ Floors3: 2
  • Other Structures:Out Building: Yes
  • Advertising Remarks:Advertising Remarks: Nicely 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. Historically rented for $1,250/month. 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 2 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 Lisa Caron at 207-745-5568 today to schedule a private showing.
  • Property Information 2 Detached Houses on 1 Lot: No
  • Accessibilitiy Amenities 32 - 36 Inch Doors: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Accessibility Features: 32 - 36 Inch Doors
  • Has Basement: Dirt Floor, Full, Exterior Entry, Bulkhead, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Fireplace: No
  • Flooring: Wood, Vinyl, Carpet
  • Interior Amenities: 1st Floor Bedroom, Shower
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Pasture, Near Golf Course, Rural
  • View: Trees/Woods, Fields
  • Waterfront Features: Pond
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter, Slab
  • Other Structures: Outbuilding
  • Roof: Pitched, Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Direct Vent Heater, Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Schools

  • Junior High Dist: RSU 22

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 87120.0
  • Parcel #: 228marshstreamroadfrankfort04438
  • Zoning: Rural

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 26400.0
  • Annual Operating Expense: 3053.0

Tax Info

  • Tax Annual Amount: 2355.0
  • Tax Lot: 26
  • Tax Year: 2019

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
Mar 10, 2020
Closed on
Aug 1, 2020
Sold by
Bought by
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%
Current Estimated Value
$277,619

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,619
Avg. Annual Appreciation
4.60%
Original Mortgage
$208,500
Interest Rate
0.031%
Mortgage Type
VA

Purchase Details

Closed on
Sep 22, 2005
Sold by
Bought by
Source: Public Records
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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
-- 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 $208,500
Closed $91,173
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
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

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 $2,850 $195,886 $50,688 $145,198
2024 $2,625 $195,886 $50,688 $145,198
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

    Seller's Agent in 2020

    Lisa Caron

    NextHome Experience

    (207) 745-5568

    284 Total Sales

    Lisa Caron
    Section Image

  • R

    Buyer's Agent in 2020

    Rosanne Bates

    ERA Dawson-Bradford Co.

See All Agents

Map

Source: Maine Listings

MLS Number: 1446660

Maine Listings

APN: FRAT-000007-000000-000026

Maine Waldo County Frankfort 04438

228 Marsh Stream Rd, Frankfort, ME

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