NOT LISTED FOR SALE

25 Crescent St Norway, ME 04268

Norway Area

Estimated Value: $243,000 - $301,000

Studio
2.5 Baths
2,400 Sq Ft
$108/Sq Ft Est. Value

Sale Details

Date Sold: August 19, 2024

Last sale price $245,000 $102 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,594 / mo

43 Days on Market

Highlights

  • Nearby Water Access
  • Property is near golf course, public transit, and shops
  • No HOA
  • Country Club
  • Wood Flooring
  • Level Lot

About This Home

As of August 2024

Two Family in bustling and growing Norway Maine. Just 45 Minutes from Portland this well kept and turn key 2 family could be a great investment or owner occupant property. One unit will be vacant in July and could be kept vacant or rented. Both units are currently on separate utilities, new propane, both have in unit laundry and rented for $1350 and1450. Owner pays for water, taxes and insurance.

Last Agent to Sell the Property

Jon Shilalis

Shilalis Real Estate Listed on: 08/04/2024

Last Buyer's Agent

Evan Dube

Better Homes & Gardens Real Estate/The Masiello Group

Better Homes & Gardens Real Estate/The Masiello Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,536

Year Built

  • Built in 1900

Lot Details

  • 2,614 Sq Ft Lot
  • Level Lot

Home Design

  • 2,400 Sq Ft Home
  • Duplex
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding

Flooring

  • Wood
  • Carpet

Basement

  • Partial Basement
  • Sump Pump
  • Dirt Floor
  • Crawl Space

Parking

  • Gravel Driveway
  • Off-Street Parking

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater

Additional Features

  • Laundry on main level
  • Nearby Water Access
  • Property is near golf course, public transit, and shops

Listing and Financial Details

  • Tax Lot 78
  • Assessor Parcel Number NORY-000025-000000-000078

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Country Club

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $1,410
  • Gross Income $33,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,536

Year Built

Built in 1900

Lot Details

2,614 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.06
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 2400.0
  • Architectural Style: Duplex
  • Garage Yn: No
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 107.4
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.06
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2400.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Roof:Metal: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Basement:Partial: Yes
  • Property Information:Number of Units: 2
  • Income Expenses Gross Income: 33600.0
  • Income Expenses Operating Expenses: 1410.0
  • Basement:Crawl Space: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Basement:Dirt Floor: Yes
  • Style:Duplex: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Driveway:Gravel: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Location:Near Country Club: Yes
  • Heat System:Direct Vent Heater: Yes
  • Basement:Sump Pump: Yes
  • Location:Near Railroad: Yes
  • Transportation:Public Transport Access: Yes
  • Advertising Remarks:Advertising Remarks: Two Family in bustling and growing Norway Maine. Just 45 Minutes from Portland this well kept and turn key 2 family could be a great investment or owner occupant property. One unit will be vacant in July and could be kept vacant or rented. Both units are currently on separate utilities, new propane, both have in unit laundry and rented for $1350 and1450. Owner pays for water, taxes and insurance.
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Dirt Floor, Crawl Space, Partial, Sump Pump, Not Applicable
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Flooring: Wood, Carpet

Exterior Features

  • Lot Features: Level, Near Golf Course, Near Shopping, Near Town, Neighborhood, Near Public Transit, Near Railroad
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Other
  • Roof: Metal, Other

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Gravel, Off Street

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2613.6
  • Parcel #: NORY-000025-000000-000078
  • Zoning: RA

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 33600.0
  • Annual Operating Expense: 1410.0

Tax Info

  • Tax Annual Amount: 1536.0
  • Tax Lot: 78
  • Tax Year: 2023

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
Aug 4, 2024
Closed on
Aug 19, 2024
Sold by
Bought by
Seller's Agent
Jon Shilalis
Shilalis Real Estate
Buyer's Agent
Evan Dube
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$257,770
Sold Price
$245,000
Premium/Discount to List
-$12,770
-4.95%
Current Estimated Value
$260,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,090
Avg. Annual Appreciation
3.15%
Original Mortgage
$183,750
Interest Rate
0.0689%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 11, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,500
Interest Rate
0.0509%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 18, 2015
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,500
Interest Rate
0.0389%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$245,000 None Available
-- Misc Company
-- --
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 $183,750
Previous Owner $129,500
Previous Owner $47,500
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 Prior Sale
08/19/2024 08/19/24 Sold $245,000 0.0% $102 / Sq Ft
08/02/2024 08/02/24 Pending -- -- --
07/18/2024 07/18/24 Off Market $245,000 -- --
06/19/2024 06/19/24 For Sale $257,770 +222.2% $107 / Sq Ft
12/20/2021 12/20/21 Sold $80,000 -52.7% $33 / Sq Ft View Prior Sale
12/01/2021 12/01/21 Pending -- -- --
04/30/2021 04/30/21 For Sale $169,000 -- $70 / 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 $2,128 $104,423 $13,863 $90,560
2024 $1,861 $104,424 $13,863 $90,561
2023 $1,536 $104,500 $13,900 $90,600
2022 $1,473 $104,500 $13,900 $90,600
2021 $1,178 $67,500 $12,600 $54,900
2020 $1,185 $67,500 $12,600 $54,900
2019 $1,185 $67,500 $12,600 $54,900
2018 $1,161 $67,500 $12,600 $54,900
2017 $1,161 $67,500 $12,600 $54,900
2015 $1,073 $67,500 $12,600 $54,900
2013 $992 $67,500 $12,600 $54,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1593925

Maine Listings

APN: NORY-000025-000000-000078

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