NOT LISTED FOR SALE

23 Market St Fort Kent, ME 04743

Estimated Value: $228,010 - $283,000

-- Bed
4 Baths
2,917 Sq Ft
$88/Sq Ft Est. Value

Last Sold February 11, 2022

Last sale price $180,000 $62 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,671/month

6 Days on Market

Highlights

  • 130 Feet of Waterfront
  • Main Floor Bedroom
  • Bathtub
  • Cape Cod Architecture
  • No HOA
  • Tile Flooring

About This Home

As of February 2022

Turn-key 4 Unit Multi-family down town Fort Kent. Cleanest rents in town! Great proximity to all amenities. Ample parking for tenants. Completely remodeled since 2007 from windows, roof, furnace, electrical flooring, kitchens.. you name it its be updated! Solid Rental History makes great investment property or even move on site and let your tenants pay your mortgage.

Last Agent to Sell the Property

Danielle Forino

Aroostook Real Estate Listed on: 11/16/2021

Last Buyer's Agent

Katie Theriault

Aroostook Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,945

Lot Details

  • 0.33 Acre Lot
  • 130 Feet of Waterfront
  • River Front
  • Level Lot
  • Open Lot

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Shingle Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Laundry on main level

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 4 Full Bathrooms
  • Bathtub
  • Shower Only

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Gravel Driveway
  • Paved Parking
  • On-Site Parking

Location

  • City Lot

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Programmable Thermostat
  • Natural Gas Not Available

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number FTKT-000020-000000-000005

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $18,377
  • Gross Income $28,814

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,945

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.33
  • Water Body Name: Fish River
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 2273.0
  • Architectural Style: Cape
  • Garage Yn: No
  • Efficiency: Programmable Thermostat, Ceiling Fans
  • Year Built: 999
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.33
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 2273.0
  • Property Information:SqFt Finished Below Grade: 644.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Walk-Out: Yes
  • Exterior:Vinyl Siding: Yes
  • Amenities:Shower: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 4
  • Heat System:Multi-Zones: Yes
  • Income Expenses Gross Income: 28814.0
  • Income Expenses Operating Expenses: 18377.0
  • Parking:On Site2: Yes
  • Amenities:Bathtub: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Property Information:Short Sale Continue to Show: No
  • Water Info:Waterfront Amount -: 130.0
  • Water Info:Water Frontage Owned -: 130.0
  • Driveway:Gravel: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Energy Efficiency:Ceiling Fans: Yes
  • Energy Efficiency:Programmable Thermostat: Yes
  • Building Info:_pound_ Floors3: 2
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Walk-Out Access, Full
  • Full Bathrooms: 4
  • Below Grade Sq Ft: 644.0
  • Flooring: Tile, Laminate
  • Interior Amenities: 1st Floor Bedroom, Bathtub, Shower
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Intown
  • Waterfront Features: River
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Shingle Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel, Paved, On Site

Utilities

  • Laundry Features: Laundry - 1st Floor, Upper Level, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, 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: 14374.8
  • Parcel #: FTKT-000020-000000-000005
  • Zoning: Commercial

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 28814.0
  • Annual Operating Expense: 18377.0

Tax Info

  • Tax Annual Amount: 2945.0
  • Tax Book Number: 1962
  • Tax Lot: 5
  • Tax Map Number: 20
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2021
Closed on
Feb 11, 2022
Sold by
S & B Properties Llc
Bought by
Theriault Prop Hldg Llc
Seller's Agent
Danielle Forino
Aroostook Real Estate
Buyer's Agent
Katie Theriault
Aroostook Real Estate
List Price
$189,000
Sold Price
$180,000
Premium/Discount to List
-$9,000
-4.76%
Current Estimated Value
$252,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,965
Avg. Annual Appreciation
10.53%
Original Mortgage
$162,000
Outstanding Balance
$151,868
Interest Rate
3.56%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$103,637

Purchase Details

Closed on
Nov 1, 2016
Sold by
Boucher Lt and Boucher
Bought by
Pelletier Barry J and Chabot Steven J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2012
Sold by
Boucher Philip H
Bought by
Boucher Lt and Boucher
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Theriault Prop Hldg Llc $180,000 None Available
Theriault Prop Hldg Llc $180,000 None Available
Pelletier Barry J -- --
Pelletier Barry J -- --
Boucher Lt -- --
Boucher Lt -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Theriault Prop Hldg Llc $162,000
Closed Theriault Prop Hldg Llc $162,000
Previous Owner S & B Properties Llc $125,000
Previous Owner Pelletier Barry J $117,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2022 02/11/22 Sold $180,000 -4.8% $62 / Sq Ft
11/23/2021 11/23/21 Pending -- -- --
11/16/2021 11/16/21 For Sale $189,000 -- $65 / 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 $3,429 $149,400 $12,300 $137,100
2023 $3,137 $149,400 $12,300 $137,100
2022 $2,934 $139,700 $11,500 $128,200
2021 $2,945 $139,700 $11,500 $128,200
2020 $2,902 $126,900 $10,400 $116,500
2019 $2,837 $126,900 $10,400 $116,500
2018 $2,587 $126,900 $10,400 $116,500
2017 $2,334 $126,900 $10,400 $116,500
2016 $2,284 $126,900 $10,400 $116,500
2013 $2,046 $117,900 $10,400 $107,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1514897

Maine Listings

APN: FTKT-000020-000000-000005