NOT LISTED FOR SALE

23 Water St Oakland, ME 04963

Estimated Value: $149,000 - $189,000

5 Beds
2 Baths
1,808 Sq Ft
$95/Sq Ft Est. Value

Last Sold January 04, 2024

Last sale price $140,000 $77 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,040/month

22 Days on Market

Highlights

  • Nearby Water Access
  • Main Floor Bedroom
  • 2 Car Attached Garage
  • Cape Cod Architecture
  • No HOA
  • Bathtub

About This Home

As of January 2024

This 2 unit would make a great owner occupied or investment property. Both units include a fully applianced kitchen, 2 bedrooms and laundry room. Each unit can be independently heated. Attached two car garage and private back yard with patio. Close to downtown, school and public boat landing.

Last Agent to Sell the Property

Jessica Smart

Pouliot Real Estate Brokerage Phone: 207-248-6044 Listed on: 11/02/2023

Last Buyer's Agent

Joel Lockwood

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,376

Year Built

  • Built in 1920

Lot Details

  • 10,454 Sq Ft Lot
  • Landscaped
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Common or Shared Parking
  • Shared Driveway

Home Design

  • Cape Cod Architecture
  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,808 Sq Ft Home
  • 2-Story Property
  • Vinyl Flooring
  • Laundry on main level

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 2 Full Bathrooms
  • Bathtub

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Sump Pump
  • Dirt Floor
  • Crawl Space

Outdoor Features

  • Nearby Water Access
  • Patio

Location

  • City Lot

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Heat Pump System
  • Natural Gas Not Available
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 124
  • Assessor Parcel Number OAKL-000015-000000-000124

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $5,387
  • Gross Income $24,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,376

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.24
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: GPS Friendly
  • Above Grade Finished Sq Ft: 1808.0
  • Architectural Style: Cape
  • Garage Yn: Yes
  • Year Built: 1920
  • Attribution Contact: 207-248-6044
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.24
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1808.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Roof:Metal: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:BrickMortar2: Yes
  • Foundation Materials:Stone: Yes
  • Income Expenses Gross Income: 24900.0
  • Income Expenses Operating Expenses: 5387.05
  • Amenities:Bathtub: Yes
  • Basement:Crawl Space: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Basement:Dirt Floor: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Basement:Sump Pump: Yes
  • Building Info:_pound_ Floors3: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Dirt Floor, Crawl Space, Full, Sump Pump, Interior Entry
  • Full Bathrooms: 2
  • Fireplace: No
  • Flooring: Vinyl
  • Interior Amenities: 1st Floor Bedroom, Bathtub
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Landscaped, Intown, Near Turnpike/Interstate
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Stone, Brick/Mortar
  • Patio And Porch Features: Patio
  • Roof: Metal
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Common

Utilities

  • Laundry Features: Laundry - 1st Floor, Upper Level, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Heat Pump, Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10454.4
  • Parcel #: OAKL-000015-000000-000124
  • Zoning: Residential

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 24900.0
  • Annual Operating Expense: 5387.05

Tax Info

  • Tax Annual Amount: 1376.0
  • Tax Book Number: 14519
  • Tax Lot: 124
  • Tax Map Number: 15
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2023
Closed on
Jan 4, 2024
Sold by
East Side Holdings Llc
Bought by
Sympatheia Llc
Seller's Agent
Jessica Smart
Pouliot Real Estate
Buyer's Agent
Joel Lockwood
Keller Williams Realty
List Price
$165,000
Sold Price
$140,000
Premium/Discount to List
-$25,000
-15.15%
Current Estimated Value
$172,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,321
Avg. Annual Appreciation
12.30%
Original Mortgage
$112,000
Outstanding Balance
$110,163
Interest Rate
7.29%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$62,158

Purchase Details

Listed on
Jul 8, 2020
Closed on
Aug 20, 2020
Sold by
Binette Homes Inc
Bought by
Meader Aaron and Phair Patrick
Seller's Agent
Judy Williams
Coldwell Banker Plourde Real Estate
Buyer's Agent
Jessica O'Halloran Smart
Portside Real Estate Group
List Price
$89,900
Sold Price
$70,000
Premium/Discount to List
-$19,900
-22.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.76%
Original Mortgage
$56,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2009
Sold by
Huff Victoria
Bought by
Binette Homes Inc
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Sympatheia Llc -- None Available
Meader Aaron -- None Available
Binette Homes Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sympatheia Llc $112,000
Previous Owner Meader Aaron $56,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/04/2024 01/04/24 Sold $140,000 -15.2% $77 / Sq Ft
11/24/2023 11/24/23 Pending -- -- --
11/02/2023 11/02/23 For Sale $165,000 +135.7% $91 / Sq Ft
08/20/2020 08/20/20 Sold $70,000 -22.1% $39 / Sq Ft View Prior Sale
07/16/2020 07/16/20 Pending -- -- --
07/08/2020 07/08/20 For Sale $89,900 -- $50 / 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 $1,553 $106,200 $16,000 $90,200
2023 $1,362 $94,600 $16,000 $78,600
2022 $1,376 $80,000 $14,500 $65,500
2021 $1,312 $80,000 $14,500 $65,500
2020 $1,312 $80,000 $14,500 $65,500
2019 $1,312 $80,000 $14,500 $65,500
2018 $1,312 $80,000 $14,500 $65,500
2017 $1,312 $80,000 $14,500 $65,500
2016 $1,240 $80,000 $14,500 $65,500
2015 $1,208 $80,000 $14,500 $65,500
2013 $1,104 $80,000 $14,500 $65,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1576507

Maine Listings

APN: OAKL-000015-000000-000124