Seller's Agent in 2023
Lynda Hebert
Hebert Realty Group
(207) 446-1191
37 in this area
106 Total Sales
238 Franklin St Rumford, ME 04276
Estimated Value: $263,038
--
Bed
3
Baths
4,032
Sq Ft
$65/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Bathtub
- Baseboard Heating
- No HOA
- Enclosed Glass Porch
- 1 Car Garage
About This Home
As of November 2023Ever thought of owning an income property for the first time or adding to your portfolio, well this is the one. This building has been passed down for generations. You will have a hard time finding more meticulous, well loved and updated multi family with great tenants who take pride in where they live.
Boiler is only 5 +/- years old, windows. siding and roof done within the last 10 years, exterior motion lights in 2017, hard wired smoke detector thru out the building. Radon mitigation system install, key pad entry locks and pest control contract in place to keep your tenants safe and secure. So whether you are first time investor or multi building investor this is one you don't want to miss. This will not be on the market for long.
Last Agent to Sell the Property
Hebert Realty Group Brokerage Email: info@hebertrealtygroup.com Listed on: 10/18/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,588
Year Built
- Built in 1915
Lot Details
- 5,227 Sq Ft Lot
- Level Lot
- Open Lot
Parking
- 1 Car Garage
- Driveway
Home Design
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 4,032 Sq Ft Home
- 3-Story Property
Flooring
- Wood
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 3 Full Bathrooms
- Bathtub
- Shower Only
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Outdoor Features
- Enclosed Glass Porch
Utilities
- No Cooling
- Heating System Uses Oil
- Baseboard Heating
- Hot Water Heating System
- Natural Gas Not Available
Listing and Financial Details
- Tax Lot 102
- Assessor Parcel Number RUMF-000117-000000-000102
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- Operating Expense $15,387
- Gross Income $38,100
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 18, 2023
Closed on
Nov 30, 2023
Sold by
Phelps Michael D and Phelps Karen S
Bought by
Bartash Andrew A
Seller's Agent
Lynda Hebert
Hebert Realty Group
Buyer's Agent
John Bartash
Hebert Realty Group
List Price
$239,000
Sold Price
$230,000
Premium/Discount to List
-$9,000
-3.77%
Total Days on Market
0
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
$33,038
Avg. Annual Appreciation
8.12%
Original Mortgage
$184,000
Outstanding Balance
$181,767
Interest Rate
7.63%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$81,271
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bartash Andrew A | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bartash Andrew A | $184,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/30/2023 11/30/23 | Sold | $230,000 | -3.8% | $57 / Sq Ft |
| 10/18/2023 10/18/23 | Pending | -- | -- | -- |
| 10/18/2023 10/18/23 | For Sale | $239,000 | -- | $59 / 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 | $2,714 | $163,300 | $14,500 | $148,800 |
| 2023 | $2,588 | $116,700 | $10,400 | $106,300 |
| 2022 | $2,588 | $116,700 | $10,400 | $106,300 |
| 2021 | $2,620 | $116,700 | $10,400 | $106,300 |
| 2020 | $2,637 | $116,700 | $10,400 | $106,300 |
| 2019 | $2,039 | $66,843 | $5,500 | $61,343 |
| 2018 | $1,989 | $66,843 | $5,500 | $61,343 |
| 2017 | $1,928 | $66,843 | $5,500 | $61,343 |
| 2016 | $1,872 | $66,843 | $5,500 | $61,343 |
| 2015 | $1,835 | $66,843 | $5,500 | $61,343 |
| 2014 | $1,801 | $66,843 | $5,500 | $61,343 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2023
John Bartash
Hebert Realty Group
(207) 418-1001
31 in this area
69 Total Sales
Map
Source: Maine Listings
MLS Number: 1575243
APN: RUMF-000117-000000-000102
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