NOT LISTED FOR SALE

24 Mill St Springvale, ME 04083

Estimated Value: $306,000 - $444,000

8 Beds
3 Baths
2,392 Sq Ft
$155/Sq Ft Est. Value

Last Sold March 24, 2023

Last sale price $205,000 $86 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $2,363/month

Highlights

  • Wood Flooring
  • Corner Lot
  • Porch
  • New Englander Architecture
  • No HOA
  • 2-minute walk to Pence Park

About This Home

As of March 2023

Investors Take Notice! Unique and desirable 2 family income property with 4 bedrooms to each unit! This uncommon property is in high demand for renters in the area. Both units have private covered porches. Updated roof, vinyl siding, heating system, windows, decks, and porches. The building is located on a corner lot with close access to the Mousam Way Hiking and Biking trails. Very close access to Routes 109 and 224 and not too far from 11A. Close proximity to local restaurants, shops, public library and other local amenities.

Last Agent to Sell the Property

Brian Samia

Century 21 North East Brokerage Phone: 207-651-7188 Listed on: 03/03/2023

Century 21 North East

Last Buyer's Agent

Brian Samia

Century 21 North East Brokerage Phone: 207-651-7188 Listed on: 03/03/2023

Century 21 North East

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,684

Year Built

  • Built in 1830

Lot Details

  • 7,405 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Garage
  • Gravel Driveway
  • Off-Street Parking

Home Design

  • Duplex
  • New Englander Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 2,392 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Carpet
  • Vinyl

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Utilities

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

Additional Features

  • Porch
  • City Lot

Listing and Financial Details

  • Tax Lot 0009
  • Assessor Parcel Number SANF-000009-K000014

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $11,917
  • Gross Income $27,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,684

Year Built

Built in 1830

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.17
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Main Street Springvale to Mill St. Property will be on the left.
  • Above Grade Finished Sq Ft: 2392.0
  • Architectural Style: Duplex, New Englander
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1830
  • Attribution Contact: 207-651-7188
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.17
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2392.0
  • Property Information:Garage: Yes
  • Site:Corner Lot: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: 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
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:Stone: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 27600.0
  • Income Expenses Operating Expenses: 11917.0
  • Style:Duplex: Yes
  • Property Information:Short Sale Continue to Show: No
  • Driveway:Gravel: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Style:New Englander: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Flooring: Wood, Vinyl, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Corner Lot, Sidewalks, Intown, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Stone
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Gravel, Paved, Off Street

Utilities

  • 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: 7405.2
  • Parcel #: SANF-000009-K000014
  • Zoning: U

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 27600.0
  • Annual Operating Expense: 11917.0

Tax Info

  • Tax Annual Amount: 3684.0
  • Tax Book Number: 17485
  • Tax Lot: 0009
  • Tax Map Number: 0K14
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2023
Closed on
Mar 24, 2023
Sold by
24 Mill Street Llc
Bought by
Balboa Rt
Seller's Agent
Brian Samia
Century 21 North East
Buyer's Agent
Brian Samia
Century 21 North East
List Price
$224,900
Sold Price
$205,000
Premium/Discount to List
-$19,900
-8.85%
Current Estimated Value
$371,586

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,586
Avg. Annual Appreciation
24.31%

Purchase Details

Listed on
Mar 10, 2017
Closed on
Jun 2, 2017
Sold by
Cvd Llc
Bought by
24 Mill Street Llc
Seller's Agent
Elizabeth Foley
Coldwell Banker Realty
Buyer's Agent
Gregory Szymbor
EXIT Oceanside Realty
List Price
$85,000
Sold Price
$62,000
Premium/Discount to List
-$23,000
-27.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.85%

Purchase Details

Closed on
May 13, 2015
Sold by
Rhino Prop Dev Llc
Bought by
Cvd Llc
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
Balboa Rt -- None Available
24 Mill Street Llc -- --
Cvd Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 24 Mill St Llc $115,000
Previous Owner 24 Mill Street Llc $60,000
Previous Owner Rhino Props Dev Llc $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2023 03/24/23 Sold $205,000 -8.8% $86 / Sq Ft
03/03/2023 03/03/23 Pending -- -- --
03/03/2023 03/03/23 For Sale $224,900 +262.7% $94 / Sq Ft
06/02/2017 06/02/17 Sold $62,000 -27.1% $26 / Sq Ft
04/06/2017 04/06/17 Pending -- -- --
03/10/2017 03/10/17 For Sale $85,000 -- $36 / 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 $4,050 $250,900 $34,700 $216,200
2023 $3,768 $248,900 $34,700 $214,200
2022 $3,684 $248,900 $34,700 $214,200
2021 $3,271 $179,900 $34,700 $145,200
2020 $3,252 $161,300 $34,700 $126,600
2019 $3,165 $152,900 $34,700 $118,200
2018 $3,134 $152,900 $34,700 $118,200
2017 $3,171 $152,900 $34,700 $118,200
2016 $2,865 $126,000 $34,700 $91,300
2015 $3,011 $136,600 $34,800 $101,800
2014 -- $133,000 $34,800 $98,200
2013 -- $135,000 $34,800 $100,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1553334

Maine Listings

APN: SANF-000009-K000014