NOT LISTED FOR SALE
-- Bed
5 Baths
5,933 Sq Ft
0.33 Acre Lot

Sale Details

Date Sold: June 15, 2018

Last sale price $577,500 $97 Per Sq Ft

7 Days on Market

Highlights

  • Property is near a beach
  • No HOA
  • Baseboard Heating
  • Corner Lot
  • Porch
  • Garage

About This Home

As of June 2018

Rare opportunity to purchase this 5 unit building located less than a half mile from the beach. This unique property has 3-2 bedroom units and 2-1 bedroom units and has been meticulously maintained. There is off street parking for all units along with large covered porches and decks. Many updates include windows, roofing, siding and electrical. The building also includes a full sprinkler system and a 1 car garage.

Last Agent to Sell the Property

Dan Patry

Patry Family Realty, Inc. Listed on: 04/16/2018

Last Buyer's Agent

Scott Metzger

Coldwell Banker Realty

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,318

Year Built

  • Built in 1900

Lot Details

  • 14,375 Sq Ft Lot
  • Property fronts a freeway
  • Corner Lot
  • Level Lot
  • Sprinkler System

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 5 Full Bathrooms
  • 5,933 Sq Ft Home
  • 3-Story Property

Flooring

  • Carpet
  • Vinyl

Basement

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

Home Security

  • Fire Sprinkler System
  • Fire Suppression System

Parking

  • Garage
  • Driveway

Outdoor Features

  • Property is near a beach
  • Porch

Location

  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 1 / 5
  • Assessor Parcel Number OOBH-000314-000005-000001

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • Operating Expense $10,591
  • Gross Income $56,460

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,318

Year Built

Built in 1900

Lot Details

0.33 Acres

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.33
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Saco Ave. to Union Ave. Head towards ocean and take a right onto Central Ave. The property is on the right.
  • Above Grade Finished Sq Ft: 5933.0
  • Architectural Style: Multi-Level
  • Garage Yn: Yes
  • Building Stories: 3
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 97.34
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.33
  • Property Information:Total Baths: 5.0
  • Property Information:SqFt Finished Above Grade: 5933.0
  • Property Information:Garage: Yes
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Walk-Out: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 5
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 56460.0
  • Income Expenses Operating Expenses: 10591.0
  • Style:Multi-Level: Yes
  • Location:Near Public Beach: Yes
  • Property Information:Bank Owned REO: No
  • Misc Amenities Sprinkler: Yes
  • Building Info:_pound_ Floors3: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Walk-Out Access, Full, Exterior Entry, Bulkhead
  • Full Bathrooms: 5
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Stories: 3
  • Full Basement: Yes

Exterior Features

  • Lot Features: Corner Lot, Level, Intown, Near Public Beach, Near Turnpike/Interstate, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Paved

Utilities

  • Security: Sprinkler, Fire System
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • 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: 14374.8
  • Parcel #: OOBH-000314-000005-000001
  • Zoning: R-2

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 56460.0
  • Annual Operating Expense: 10591.0

Tax Info

  • Tax Annual Amount: 6318.0
  • Tax Block: 5
  • Tax Lot: 1
  • Tax Year: 2018

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

Closed on
Dec 20, 2024
Sold by
Bought by

Purchase Details

Listed on
Apr 16, 2018
Closed on
Jun 18, 2018
Sold by
Bought by
Seller's Agent
Dan Patry
Patry Family Realty, Inc.
Buyer's Agent
Scott Metzger
Coldwell Banker Realty
List Price
$585,000
Sold Price
$577,500
Premium/Discount to List
-$7,500
-1.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,500
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
Previous Owner $460,500
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
06/15/2018 06/15/18 Sold $577,500 -1.3% $97 / Sq Ft
04/24/2018 04/24/18 Pending -- -- --
04/16/2018 04/16/18 For Sale $585,000 -- $99 / 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 $9,350 $806,000 $148,500 $657,500
2024 $8,769 $806,000 $148,500 $657,500
2023 $8,556 $750,500 $135,000 $615,500
2022 $8,109 $662,500 $110,000 $552,500
2021 $6,429 $454,000 $100,000 $354,000
2020 $6,806 $441,400 $100,000 $341,400
2019 $6,842 $441,400 $100,000 $341,400
2018 $5,799 $411,400 $70,000 $341,400
2017 $5,718 $364,200 $70,000 $294,200
2016 $5,631 $364,200 $70,000 $294,200
2015 $5,529 $364,200 $70,000 $294,200
2014 $5,419 $364,200 $70,000 $294,200
2013 $5,026 $364,200 $70,000 $294,200
Source: Public Records

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Map

Source: Maine Listings

MLS Number: 1345137

Maine Listings
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