Tamara Baker-Silver
Bearfoot Realty
(207) 495-7812
164 Total Sales
1 in Rumford
$232,000 Price
238 Hancock St Rumford, ME 04276
Rumford AreaEstimated Value: $258,000 - $307,000
8
Beds
5
Baths
5,560
Sq Ft
$50/Sq Ft
Est. Value
Highlights
- No HOA
- Zoned Heating
- Baseboard Heating
- Porch
- Property is near shops
- Level Lot
About This Home
As of September 2021Large brick 5 unit with positive cash flow. Located on the corners of Hancock st and Oxford Ave in Rumford. Building has 4, 3 bedroom apartments. The 5th basement unit is currently rented out as as commercial space with potential of being a 1 bedroom unit. Membrane roof replaced in 2017 with 10 year warranty until 2027.
Boiler replaced in 2005 with Buderus boiler.
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1902
Lot Details
- 6,098 Sq Ft Lot
- Level Lot
Home Design
- Duplex
- Brick Exterior Construction
- Stone Foundation
- Slab Foundation
- Membrane Roofing
Interior Spaces
- 5 Full Bathrooms
- 5,560 Sq Ft Home
- Multi-Level Property
Flooring
- Carpet
- Vinyl
Basement
- Basement Fills Entire Space Under The House
- Doghouse Basement Entry
- Interior Basement Entry
Parking
- Driveway
- Paved Parking
- On-Street Parking
- On-Site Parking
Outdoor Features
- Porch
Location
- Property is near shops
- City Lot
Utilities
- No Cooling
- Zoned Heating
- Heating System Uses Oil
- Baseboard Heating
- Hot Water Heating System
- Natural Gas Not Available
- Oil Water Heater
- Internet Available
Listing and Financial Details
- Tax Lot 185
- Assessor Parcel Number RUMF-000113-000000-000185
Community Details
Overview
- No Home Owners Association
- 5 Units
Pet Policy
- Pets Allowed
Building Details
- Operating Expense $17,049
- Gross Income $35,700
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 30, 2021
Closed on
Sep 30, 2021
Sold by
Bought by
Seller's Agent
Ryan Arsenault
Cassie Mason Real Estate
Buyer's Agent
Stephen Morgan
Maine Real Estate Pros
List Price
$140,000
Sold Price
$130,000
Premium/Discount to List
-$10,000
-7.14%
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
$145,878
Avg. Annual Appreciation
16.60%
Original Mortgage
$130,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 2, 2008
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Rumford, ME
-
Tamara Baker-Silver
-
Sam Prindle
Sam Prindle
Tim Dunham Realty
(833) 366-7860
116 Total Sales
2 in Rumford
$90K - $180K Price Range
-
Linda Dupuis
Linda Dupuis
Responds QuicklyMaine Source Realty
(207) 481-4680
69 Total Sales
1 in Rumford
$150,000 Price
-
Jennifer Hawley
Jennifer Hawley
Hearth & Key Realty
(207) 709-1375
43 Total Sales
1 in Rumford
$104,000 Price
-
Tim Fortin
Tim Fortin
NextHome Northern Lights Realty
(207) 707-6315
134 Total Sales
2 in Rumford
$57K - $130K Price Range
-
Michael Hamilton
Michael Hamilton
Keller Williams Realty
(207) 962-1250
268 Total Sales
2 in Rumford
$169K - $295K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Available | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $50,000 | ||
| Closed | $25,000 | ||
| Closed | $130,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/30/2021 09/30/21 | Sold | $130,000 | -7.1% | $23 / Sq Ft |
| 08/06/2021 08/06/21 | Pending | -- | -- | -- |
| 07/30/2021 07/30/21 | For Sale | $140,000 | -- | $25 / Sq Ft |
Source: Maine Listings
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $4,132 | $220,600 | $15,700 | $204,900 |
| 2024 | $3,666 | $220,600 | $15,700 | $204,900 |
| 2023 | $3,493 | $157,500 | $11,200 | $146,300 |
| 2022 | $3,493 | $157,500 | $11,200 | $146,300 |
| 2021 | $3,536 | $157,500 | $11,200 | $146,300 |
| 2020 | $3,560 | $157,500 | $11,200 | $146,300 |
| 2019 | $2,043 | $66,968 | $3,500 | $63,468 |
| 2018 | $1,992 | $66,968 | $3,500 | $63,468 |
| 2017 | $1,932 | $66,968 | $3,500 | $63,468 |
| 2016 | $1,875 | $66,968 | $3,500 | $63,468 |
| 2015 | $1,838 | $66,968 | $3,500 | $63,468 |
| 2014 | $1,805 | $66,968 | $3,500 | $63,468 |
Source: Public Records
Agents Affiliated with this Home
-
Ryan Arsenault
RA
Seller's Agent in 2021
Ryan Arsenault
Cassie Mason Real Estate
(207) 890-4284
78 Total Sales
-
Stephen Morgan
Buyer's Agent in 2021
Stephen Morgan
Maine Real Estate Pros
(207) 754-2773
87 Total Sales
Map
Source: Maine Listings
MLS Number: 1503060
APN: RUMF-000113-000000-000185
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.
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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