K
Seller's Agent in 2023
Kim Mcpheters
EXP Realty
(207) 735-7618
7 in this area
106 Total Sales
26 5th St Unit 2 Bangor, ME 04401
West Bangor NeighborhoodEstimated Value: $362,000 - $593,000
2
Beds
4.5
Baths
5,700
Sq Ft
$75/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Wood Flooring
- Zoned Heating
- Property is near public transit
- No HOA
- Hot Water Heating System
About This Home
As of October 2023Back on the market, buyers financing fell through.
This unique Victorian Mansion multi-family house has so much to offer. 12 total bedrooms this house is a steal for any family or investors (sellers currently working with the town to become a legal 10 bedroom rooming house) 12 bedrooms, 4.5 bathrooms & parking enough for 10. Investors take notice! Built by a wealthy sea captain in the late 1800's for his wife. This spacious home offers 4 levels (walk out basement, plus 3 upper floors), a total of 26 rooms including a breathtaking entry foyer, sitting rooms at top of stairs on 2nd & 3rd floors, 1 large main kitchen, 2 kitchenettes. Lovely original/antique pieces including 5 fireplaces (with fancy Italian tile), stained glass windows, original hardwood floors. Spectacular views across the Penobscot River and to the mountains. This home is a true treasure! With a laundry room, furnace room, heavy & solid block granite foundation, all electrical updated in the last year, furnace maintained and cleaned, natural gas at street. Room rents are broken down on the utility/rents attached information. This incredibly unique home offers the intense beauty of the past but intertwined with some modern updates to create a homey environment! The potential possibilities for this home are truly endless! Solid bones, just some cosmetic work needed.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,008
Year Built
- Built in 1880
Lot Details
- 9,583 Sq Ft Lot
- Level Lot
Parking
- Gravel Driveway
Home Design
- 5,700 Sq Ft Home
- Colonial Architecture
- Wood Frame Construction
- Shingle Roof
- Wood Siding
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Location
- Property is near public transit
- Property is near a golf course
- City Lot
Utilities
- No Cooling
- Zoned Heating
- Radiator
- Heating System Uses Oil
- Hot Water Heating System
Listing and Financial Details
- Tax Lot 070
- Assessor Parcel Number BANG-000034-000000-000070
Community Details
Overview
- No Home Owners Association
- 10 Units
Building Details
- Operating Expense $18,163
- Gross Income $67,500
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 19, 2023
Closed on
Oct 24, 2023
Sold by
Jewett Dakota
Bought by
Pettitt Robert
Seller's Agent
Kim Mcpheters
EXP Realty
Buyer's Agent
Elly Chapman
NextHome Experience
List Price
$499,000
Sold Price
$299,000
Premium/Discount to List
-$200,000
-40.08%
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
$127,882
Avg. Annual Appreciation
18.67%
Original Mortgage
$284,050
Outstanding Balance
$278,527
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$148,355
Purchase Details
Closed on
Oct 23, 2020
Sold by
Jacobs Sarah R
Bought by
Jewett Dakota
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
2.8%
Mortgage Type
New Conventional
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 |
|---|---|---|---|
| Pettitt Robert | $299,000 | None Available | |
| Jewett Dakota | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Pettitt Robert | $284,050 | |
| Previous Owner | Jewett Dakota | $144,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/24/2023 10/24/23 | Sold | $299,000 | -40.1% | $52 / Sq Ft |
| 11/19/2022 11/19/22 | For Sale | $499,000 | -- | $88 / 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 | $5,548 | $299,100 | $21,100 | $278,000 |
| 2023 | $5,245 | $273,900 | $21,100 | $252,800 |
| 2022 | $5,008 | $245,500 | $21,100 | $224,400 |
| 2021 | $5,519 | $247,500 | $23,200 | $224,300 |
| 2020 | $5,331 | $229,800 | $22,100 | $207,700 |
| 2019 | $5,115 | $222,400 | $22,100 | $200,300 |
| 2018 | $4,693 | $224,500 | $22,100 | $202,400 |
| 2017 | $4,588 | $223,700 | $22,100 | $201,600 |
| 2016 | $4,921 | $218,700 | $22,100 | $196,600 |
| 2015 | $4,825 | $219,800 | $22,100 | $197,700 |
| 2014 | $4,755 | $218,100 | $22,100 | $196,000 |
| 2013 | $4,549 | $218,700 | $22,100 | $196,600 |
Source: Public Records
Agents Affiliated with this Home
-
Kim Mcpheters
-
Elly Chapman
E
Buyer's Agent in 2023
Elly Chapman
NextHome Experience
(207) 409-2680
3 in this area
34 Total Sales
Map
Source: Maine Listings
MLS Number: 1548529
APN: BANG-000034-000000-000070
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