C
Seller's Agent in 2024
Christopher Carroll
NextHome Discover
252 Forest Ave Bangor, ME 04401
Central Bangor NeighborhoodEstimated Value: $348,000 - $430,000
6
Beds
3.5
Baths
2,100
Sq Ft
$185/Sq Ft
Est. Value
Highlights
- Wood Flooring
- No HOA
- Shed
- Fruit Street School Rated 10
- Porch
- Zoned Heating
About This Home
As of January 2024Nestled in a peaceful corner of Bangor, Maine, this charming three-unit apartment building at 252 Forest Avenue is an excellent investment opportunity. The property offers three units, each with its own unique character and layout, making it an ideal rental income property.
The building is conveniently located near many amenities in a quiet residential neighborhood. Perfect for investors seeking a steady rental income in a prime location, the Bangor area is known for its friendly community and as a sought-after rental market. Don't miss this opportunity to invest in the future of a growing market!
Last Agent to Sell the Property
Christopher Carroll
NextHome Discover Listed on: 10/23/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,461
Year Built
- Built in 1880
Lot Details
- 9,583 Sq Ft Lot
- Level Lot
- Open Lot
Home Design
- 2,100 Sq Ft Home
- Gambrel Roof
- Concrete Foundation
- Stone Foundation
- Wood Frame Construction
- Shingle Roof
- Metal Roof
- Wood Siding
- Concrete Perimeter Foundation
Flooring
- Wood
- Carpet
- Tile
- Vinyl
Unfinished Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
Parking
- Gravel Driveway
- Off-Street Parking
Outdoor Features
- Shed
- Porch
Utilities
- No Cooling
- Zoned Heating
- Heating System Uses Oil
- Heat Pump System
- Baseboard Heating
- Electric Water Heater
Additional Features
- Washer and Dryer Hookup
- City Lot
Listing and Financial Details
- Tax Lot 174
- Assessor Parcel Number BANG-000046-000000-000174
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- Operating Expense $16,600
- Gross Income $45,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 30, 2020
Closed on
Jan 30, 2020
Sold by
Fleming Janice E
Bought by
Jli Properties Llc
Seller's Agent
Carolyn Fish Jason Fish
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Carolyn Fish Jason Fish
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$179,000
Sold Price
$175,000
Premium/Discount to List
-$4,000
-2.23%
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
$213,484
Avg. Annual Appreciation
14.24%
Original Mortgage
$300,000
Outstanding Balance
$266,132
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$122,352
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jli Properties Llc | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Jli Properties Llc | $300,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/22/2024 01/22/24 | Sold | $342,000 | -7.3% | $163 / Sq Ft | |
| 01/22/2024 01/22/24 | Pending | -- | -- | -- | |
| 10/23/2023 10/23/23 | For Sale | $369,000 | +5.5% | $176 / Sq Ft | |
| 11/14/2022 11/14/22 | Sold | $349,900 | 0.0% | $167 / Sq Ft | View Prior Sale |
| 11/14/2022 11/14/22 | Pending | -- | -- | -- | |
| 11/14/2022 11/14/22 | For Sale | $349,900 | +99.9% | $167 / Sq Ft | |
| 01/30/2020 01/30/20 | Sold | $175,000 | -2.2% | $65 / Sq Ft | View Prior Sale |
| 01/30/2020 01/30/20 | Pending | -- | -- | -- | |
| 01/30/2020 01/30/20 | For Sale | $179,000 | -- | $66 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $5,372 | $289,600 | $33,200 | $256,400 |
| 2023 | $4,878 | $254,700 | $31,900 | $222,800 |
| 2022 | $4,461 | $218,700 | $31,900 | $186,800 |
| 2021 | $4,186 | $187,700 | $29,600 | $158,100 |
| 2020 | $4,141 | $178,500 | $29,000 | $149,500 |
| 2019 | $3,963 | $172,300 | $29,000 | $143,300 |
| 2018 | $3,236 | $161,000 | $29,000 | $132,000 |
| 2017 | $3,116 | $157,400 | $29,000 | $128,400 |
| 2016 | $3,472 | $154,300 | $29,000 | $125,300 |
| 2015 | $3,387 | $154,300 | $29,000 | $125,300 |
| 2014 | $3,287 | $150,800 | $29,000 | $121,800 |
| 2013 | $3,247 | $156,100 | $29,000 | $127,100 |
Source: Public Records
Agents Affiliated with this Home
-
-
Elly Chapman
E
Buyer's Agent in 2024
Elly Chapman
NextHome Experience
(207) 409-2680
7 in this area
35 Total Sales
-
Carolyn Fish
Seller's Agent in 2022
Carolyn Fish
NextHome Experience
(207) 944-8466
20 in this area
232 Total Sales
-
C
Buyer's Agent in 2022
Carolyn Fish Jason Fish
Better Homes & Gardens Real Estate/The Masiello Group
Map
Source: Maine Listings
MLS Number: 1575650
APN: BANG-000046-000000-000174
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