N
Seller's Agent in 2021
Nicholas Corrow
Real Broker
(207) 649-4437
2 in this area
127 Total Sales
25 Purchase St Rockland, ME 04841
Estimated Value: $313,000 - $368,000
4
Beds
2
Baths
1,860
Sq Ft
$184/Sq Ft
Est. Value
Highlights
- Cape Cod Architecture
- Wood Flooring
- Property is near shops
- Deck
- No HOA
- 4-minute walk to Friends of Maine Coastal Islands National Wildlife Refuge
About This Home
As of August 2021Great duplex opportunity located conveniently to downtown Rockland. This is one of the few duplexes in the area with a 3-bedroom unit (#25). Each unit has its own heating system, water, and electrical meter. Below market rents are a potential avenue of forced appreciation as rents have remained low for several years. This would also be great as an owner-occupied opportunity--why rent when you could own. Virtual 360 Matterport tours are available for each unit!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,318
Year Built
- Built in 1870
Lot Details
- 5,227
Home Design
- Cape Cod Architecture
- Shingle Roof
Interior Spaces
- 2 Full Bathrooms
- 1,860 Sq Ft Home
- Interior Basement Entry
Flooring
- Wood
- Carpet
- Vinyl
Utilities
- No Cooling
- Forced Air Heating System
Additional Features
- Deck
- 5,227 Sq Ft Lot
- Property is near shops
Listing and Financial Details
- Tax Lot F11
- Assessor Parcel Number 25PurchaseStreetRockland04841
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Operating Expense $4,432
- Gross Income $14,700
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 24, 2021
Closed on
Aug 18, 2021
Sold by
Gamage Richard A and Gamage Heidi J
Bought by
Sherry Jon
Seller's Agent
Nicholas Corrow
Real Broker
Buyer's Agent
Elaine Meklin
Cates Real Estate
List Price
$199,900
Sold Price
$220,000
Premium/Discount to List
$20,100
10.06%
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
$121,484
Avg. Annual Appreciation
9.65%
Original Mortgage
$165,000
Outstanding Balance
$149,061
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$193,038
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| Sherry Jon | -- | 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 | Sherry Jon | $165,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/18/2021 08/18/21 | Sold | $220,000 | +10.1% | $118 / Sq Ft |
| 06/02/2021 06/02/21 | Pending | -- | -- | -- |
| 05/24/2021 05/24/21 | For Sale | $199,900 | -- | $107 / Sq Ft |
Source: Maine Listings
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 |
|---|---|---|---|---|
| 2025 | $4,785 | $288,600 | $79,700 | $208,900 |
| 2024 | $3,643 | $148,800 | $35,800 | $113,000 |
| 2023 | $3,611 | $148,800 | $35,800 | $113,000 |
| 2022 | $3,611 | $148,800 | $35,800 | $113,000 |
| 2021 | $3,363 | $148,800 | $35,800 | $113,000 |
| 2020 | $3,318 | $148,800 | $35,800 | $113,000 |
| 2019 | $3,036 | $122,600 | $14,200 | $108,400 |
| 2018 | $2,830 | $122,600 | $14,200 | $108,400 |
| 2017 | $2,732 | $122,600 | $14,200 | $108,400 |
| 2016 | $2,663 | $122,600 | $14,200 | $108,400 |
| 2015 | $2,599 | $122,600 | $14,200 | $108,400 |
| 2014 | $2,472 | $122,600 | $14,200 | $108,400 |
| 2013 | $2,393 | $122,600 | $14,200 | $108,400 |
Source: Public Records
Agents Affiliated with this Home
-
Nicholas Corrow
-
Elaine Meklin
E
Buyer's Agent in 2021
Elaine Meklin
Cates Real Estate
(207) 691-0959
37 in this area
172 Total Sales
Map
Source: Maine Listings
MLS Number: 1493097
APN: ROCD-000019F-000000-011000
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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