Seller's Agent in 2023
Augustine Ofili
ERA Dawson-Bradford Co.
(203) 768-4134
4 in this area
314 Total Sales
23 Newport Rd Corinna, ME 04928
--
Bed
6
Baths
7,500
Sq Ft
0.39
Acres
Highlights
- Colonial Architecture
- Baseboard Heating
- Carpet
- No HOA
- Level Lot
About This Home
As of August 2023Rare opportunity to find a 6 unit in this area. Corinna is a great bedroom community of Newport.
This property has been well maintained and managed throughout sellers history since 1997. Roof resurfaced in 2013. All units are 2 bedroom with one bath and in good condition! Netting $40,000. If you want an income producing investment - this is the one!!!! These are few and far between. Units are rented.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,599
Year Built
- Built in 1900
Lot Details
- 0.39 Acre Lot
- Level Lot
- Open Lot
Parking
- Gravel Driveway
Home Design
- 7,500 Sq Ft Home
- Colonial Architecture
- Wood Frame Construction
- Pitched Roof
- Metal Roof
- Vinyl Siding
Flooring
- Carpet
- Laminate
- Vinyl
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
Utilities
- No Cooling
- Heating System Uses Oil
- Baseboard Heating
- Hot Water Heating System
- Private Water Source
Additional Features
- 6 Full Bathrooms
- City Lot
Listing and Financial Details
- Tax Lot 36
- Assessor Parcel Number CORI-000018-000000-000036
Community Details
Overview
- No Home Owners Association
- 6 Units
Building Details
- Operating Expense $14,000
- Gross Income $54,600
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 10, 2023
Closed on
Aug 31, 2023
Sold by
Onyekwe Chimdindu and Badejo Lincoln
Bought by
Enfield Partners Llc
Seller's Agent
Augustine Ofili
ERA Dawson-Bradford Co.
Buyer's Agent
Carmen Mcphail
United Country Lifestyle Properties of Maine
List Price
$399,000
Sold Price
$360,000
Premium/Discount to List
-$39,000
-9.77%
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
$73,000
Avg. Annual Appreciation
9.24%
Original Mortgage
$270,000
Outstanding Balance
$264,078
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$168,922
Purchase Details
Listed on
Nov 23, 2020
Closed on
Jan 23, 2021
Sold by
1222 Hldg Llc
Bought by
Onyekwe Chimdindu and Badejo Lincoln
Seller's Agent
Sherri Hanson
Trundy & Company Real Estate
Buyer's Agent
Augustine Ofili
ERA Dawson-Bradford Co.
List Price
$279,000
Sold Price
$279,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.34%
Original Mortgage
$223,200
Interest Rate
2.67%
Mortgage Type
Purchase Money Mortgage
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $270,000 | Purchase Money Mortgage | |
| Closed | $270,000 | Purchase Money Mortgage | |
| Previous Owner | $223,200 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/31/2023 08/31/23 | Sold | $360,000 | -9.8% | $48 / Sq Ft |
| 06/22/2023 06/22/23 | Pending | -- | -- | -- |
| 04/10/2023 04/10/23 | For Sale | $399,000 | +43.0% | $53 / Sq Ft |
| 01/29/2021 01/29/21 | Sold | $279,000 | 0.0% | $37 / Sq Ft |
| 12/17/2020 12/17/20 | Pending | -- | -- | -- |
| 11/23/2020 11/23/20 | For Sale | $279,000 | -- | $37 / 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 |
|---|---|---|---|---|
| 2024 | $2,666 | $135,000 | $11,500 | $123,500 |
| 2023 | $2,635 | $135,000 | $11,500 | $123,500 |
| 2022 | $2,714 | $135,000 | $11,500 | $123,500 |
| 2021 | $2,714 | $135,000 | $11,500 | $123,500 |
| 2020 | $2,700 | $135,000 | $11,500 | $123,500 |
| 2019 | $2,599 | $135,000 | $11,500 | $123,500 |
| 2018 | $2,558 | $135,000 | $11,500 | $123,500 |
| 2017 | $2,484 | $135,000 | $11,500 | $123,500 |
| 2016 | $2,471 | $135,000 | $11,500 | $123,500 |
| 2015 | $2,403 | $135,000 | $11,500 | $123,500 |
| 2014 | $2,309 | $135,000 | $11,500 | $123,500 |
| 2013 | $2,295 | $135,000 | $11,500 | $123,500 |
Source: Public Records
Agents Affiliated with this Home
-
Augustine Ofili
-
Carmen Mcphail
Buyer's Agent in 2023
Carmen Mcphail
United Country Lifestyle Properties of Maine
(800) 286-6164
2 in this area
328 Total Sales
-
Sherri Hanson
Seller's Agent in 2021
Sherri Hanson
Trundy & Company Real Estate
(207) 938-5187
4 in this area
49 Total Sales
Map
Source: Maine Listings
MLS Number: 1476788
APN: CORI-000018-000000-000036
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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.
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