NOT LISTED FOR SALE

229 W Main St Fort Kent, ME 04743

Estimated Value: $637,395

-- Bed
5 Baths
12,702 Sq Ft
$50/Sq Ft Est. Value

Last Sold May 31, 2022

Last sale price $535,000 $42 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,160/month

28 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • No HOA
  • Level Entry For Accessibility
  • 107 Feet of Waterfront
  • Air Conditioning
  • Halls are 48 inches wide or more

About This Home

As of May 2022

Updated Income Property with Great Rental History, In-town location and Plenty of Parking! 4 Commercial Units with Street Level Access. All Currently occupied with 1/2 over 10 year occupancy. 5 Apartments. Work Shop area for owner, Storage in Basement, Interconnected Hardwired Smoke and Carbon Monoxide Detectors, Coin-op Washer dryer for tenant use. Several updates since 06 including Metal siding, Metal roofing on back section and Asphalt Shingles on Two Story Section, Triple Glazed Windows, Boilers, Heat Pumps and Insulation. Make your money work for you!

Last Agent to Sell the Property

Danielle Forino

Aroostook Real Estate Listed on: 03/22/2022

Last Buyer's Agent

Danielle Forino

Aroostook Real Estate Listed on: 03/22/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,866

Year Built

  • Built in 1900

Lot Details

  • 0.69 Acre Lot
  • 107 Feet of Waterfront
  • River Front
  • Level Lot
  • Open Lot

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Metal Roof
  • Metal Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 5 Full Bathrooms
  • 12,702 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Concrete
  • Tile
  • Vinyl

Basement

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

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Accessible Home Design

  • Halls are 48 inches wide or more
  • Doors are 36 inches wide or more
  • Level Entry For Accessibility

Outdoor Features

  • Deeded Waterfront Access Rights
  • River Nearby

Location

  • City Lot

Utilities

  • Air Conditioning
  • Zoned Heating
  • Heating System Uses Oil
  • Heat Pump System
  • Radiant Heating System
  • Baseboard Heating
  • Hot Water Heating System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 13 & 14
  • Assessor Parcel Number FTKT-000015-000000-000014

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Amenities

  • Coin Laundry
  • Community Storage Space

Building Details

  • Operating Expense $33,691
  • Gross Income $94,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,866

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.69
  • Road Surface Type: Paved
  • Water Body Name: St John River
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 12702.0
  • Architectural Style: Other Style
  • Garage Yn: No
  • Efficiency: Triple Glaze Windows
  • Building Stories: 2
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.69
  • Property Information:Total Baths: 5.0
  • Property Information:SqFt Finished Above Grade: 12702.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Storage: Yes
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Cooling:Heat Pump3: Yes
  • Water Heater:Electric2: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Roof:Metal: Yes
  • Property Information:Number of Units: 5
  • Heat System:Multi-Zones: Yes
  • Heat System:Radiant: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 94800.0
  • Income Expenses Operating Expenses: 33691.0
  • Parking:On Site2: Yes
  • Parking:Paved3: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:RiverBrookStream: Yes
  • Water Info:Waterfront Amount -: 107.0
  • Water Info:Water Frontage Owned -: 107.0
  • Recreational Water:Deeded: Yes
  • Property Information:Bank Owned REO: No
  • Accessibilitiy Amenities:Level Entry: Yes
  • Exterior:Metal Clad: Yes
  • Floors:Concrete2: Yes
  • Cooling:AC Units: Yes
  • Building Info:_pound_ Floors3: 2
  • Amenities:Laundry - Coin: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Accessibilitiy Amenities 36 Inch Doors: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Accessibility Features: 36+ Inch Doors, 48+ Inch Halls, Level Entry
  • Has Basement: Full, Interior Entry
  • Full Bathrooms: 5
  • Fireplace: No
  • Flooring: Vinyl, Tile, Concrete, Carpet
  • Interior Amenities: Storage
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Sidewalks, Intown, Near Shopping
  • Waterfront Features: River
  • Waterfront: Yes
  • Construction Type: Metal Clad, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Metal, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 21+ Spaces, Paved, On Site

Utilities

  • Laundry Features: Laundry - Coin
  • Cooling: Heat Pump, A/C Units
  • Cooling Y N: Yes
  • Heating: Radiant, Multi-Zones, Hot Water, Heat Pump, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: MSAD 27

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 30056.4
  • Parcel #: FTKT-000015-000000-000014
  • Zoning: Commercial

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 94800.0
  • Annual Operating Expense: 33691.0

Tax Info

  • Tax Annual Amount: 8866.0
  • Tax Book Number: 823
  • Tax Lot: 13 & 14
  • Tax Map Number: 15
  • Tax Year: 2021

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2022 05/31/22 Sold $535,000 -17.7% $42 / Sq Ft
04/20/2022 04/20/22 Pending -- -- --
03/22/2022 03/22/22 For Sale $650,000 -- $51 / 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 $8,329 $362,900 $57,800 $305,100
2023 $7,621 $362,900 $57,800 $305,100
2022 $7,121 $339,100 $54,000 $285,100
2021 $8,866 $420,600 $54,000 $366,600
2020 $7,051 $308,300 $49,100 $259,200
2019 $6,894 $308,300 $49,100 $259,200
2018 $6,286 $308,300 $49,100 $259,200
2017 $5,670 $308,300 $49,100 $259,200
2016 $5,549 $308,300 $49,100 $259,200
2013 $5,359 $308,900 $49,700 $259,200
Source: Public Records

Agents Affiliated with this Home

  • Danielle Forino

    Seller's Agent in 2022

    Danielle Forino

    Aroostook Real Estate

    (207) 436-5191

    97 in this area

    201 Total Sales

    Danielle Forino
    Section Image
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Map

Source: Maine Listings

MLS Number: 1522314

Maine Listings

APN: FTKT-000015-000000-000014

Maine Aroostook County Fort Kent 04743

229 W Main St, Fort Kent, ME

This home is located at 229 W Main St, Fort Kent, ME 04743 since 22 March 2022 and is currently estimated at $637,395, approximately $50 per square foot. This property was built in 1900. 229 W Main St is a home located in Aroostook County with nearby schools including Fort Kent Elementary School and Valley Rivers Middle School.

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.

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