NOT LISTED FOR SALE

261 Main St Calais, ME 04619

Estimated Value: $278,733 - $354,000

-- Bed
4 Baths
3,700 Sq Ft
$86/Sq Ft Est. Value

Last Sold May 27, 2022

Last sale price $240,000 $65 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,100/month

175 Days on Market

Highlights

  • Additional Residence on Property
  • River Front
  • No HOA
  • Access to Tidal Water
  • Wood Flooring
  • 1-minute walk to Calais Recreation Department

About This Home

As of May 2022

This historic property has been owned and operated by the same family for over 100 years and is one of the original buildings in Downtown Calais. 291 Main St. consists of two commercial rental units on the ground level; a larger corner unit that could be partitioned into two separate spaces, and another commercial space that recently housed a popular bakery.
Four rented apartments complete the upper floor. Two-one bedroom and two-two bedroom apartments. This income producing property is located just blocks from the International Border crossing and the St. Croix River waterfront. Live and work from home...ideal for use as retail, restaurant, bar, or salon. Let your imagination run wild!

Last Agent to Sell the Property

Britani Holloway

Berkshire Hathaway HomeServices Northeast Real Estate Listed on: 10/10/2021

Berkshire Hathaway HomeServices Northeast Real Estate

Last Buyer's Agent

Britani Holloway

Berkshire Hathaway HomeServices Northeast Real Estate Listed on: 10/10/2021

Berkshire Hathaway HomeServices Northeast Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,326

Year Built

  • Built in 1880

Lot Details

  • 0.25 Acre Lot
  • River Front

Home Design

  • Wood Frame Construction
  • Membrane Roofing
  • Wood Siding

Interior Spaces

  • 4 Full Bathrooms
  • 3,700 Sq Ft Home
  • 2-Story Property
  • Water Views
  • Crawl Space

Flooring

  • Wood
  • Tile
  • Vinyl

Parking

  • Common or Shared Parking
  • Shared Driveway

Outdoor Features

  • Access to Tidal Water
  • Nearby Water Access

Additional Homes

  • Additional Residence on Property

Location

  • Property is near a golf course
  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Hot Water Heating System
  • Oil Water Heater

Listing and Financial Details

  • Legal Lot and Block 001 / 005
  • Assessor Parcel Number CALA-000006-000005-000001

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $12,280
  • Gross Income $27,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,326

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.25
  • Road Surface Type: Paved
  • Water Body Name: St. Croix River
  • MLS Status: Closed
  • Directions: Located in Downtown Calais on the corner of Main & Monroe.
  • Above Grade Finished Sq Ft: 3700.0
  • Architectural Style: Other Style
  • Garage Yn: No
  • Year Built: 1880
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.25
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 3700.0
  • Property Information:Garage: No
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Common2: Yes
  • Property Information:Number of Units: 4
  • Income Expenses Gross Income: 27000.0
  • Income Expenses Operating Expenses: 12280.0
  • Exterior:Wood Siding: Yes
  • Basement:Crawl Space: Yes
  • Recreational Water:Nearby: Yes
  • Property Information:Deed Restrictions: Unknown
  • Water Heater:Oil2: Yes
  • Recreational Water:Waterfront Tidal: Yes
  • Roof:Membrane: Yes
  • Building Info:_pound_ Floors3: 2
  • Property Information 2 Detached Houses on 1 Lot: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Crawl Space, Not Applicable
  • Full Bathrooms: 4
  • Fireplace: No
  • Flooring: Wood, Vinyl, Tile
  • Stories: 2

Exterior Features

  • Lot Features: Sidewalks, Intown, Near Golf Course, Near Shopping
  • Waterfront Features: River
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Other
  • Roof: Membrane

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Common

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water
  • Heating Yn: Yes
  • Electric: Combination
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Calais Public Schools

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10890.0
  • Parcel #: CALA-000006-000005-000001
  • Zoning: commercial and Resid

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 27000.0
  • Annual Operating Expense: 12280.0

Tax Info

  • Tax Annual Amount: 5326.0
  • Tax Block: 005
  • Tax Book Number: 629
  • Tax Lot: 001
  • Tax Map Number: 006
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2021
Closed on
May 27, 2022
Sold by
L Bernardini Co Inc
Bought by
Jorgensen Barbara M and Jorgensen Jimmy D
Seller's Agent
Britani Holloway
Berkshire Hathaway HomeServices Northeast Real Estate
Buyer's Agent
Britani Holloway
Berkshire Hathaway HomeServices Northeast Real Estate
List Price
$230,000
Sold Price
$240,000
Premium/Discount to List
$10,000
4.35%
Current Estimated Value
$316,367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,367
Avg. Annual Appreciation
8.46%

Purchase Details

Closed on
Jul 28, 2021
Sold by
L Bernardini Co Inc
Bought by
L Bernardini Co Inc
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
Jorgensen Barbara M $240,000 None Available
Jorgensen Barbara M $240,000 None Available
L Bernardini Co Inc -- None Available
L Bernardini Co Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jorgensen Barbara M $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2022 05/27/22 Sold $240,000 +4.3% $65 / Sq Ft
04/04/2022 04/04/22 Pending -- -- --
10/10/2021 10/10/21 For Sale $230,000 -- $62 / 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 $4,673 $311,500 $42,000 $269,500
2023 $4,570 $268,800 $36,200 $232,600
2022 $4,123 $217,000 $29,200 $187,800
2021 $5,318 $246,200 $32,200 $214,000
2020 $5,326 $210,500 $27,500 $183,000
2019 $5,326 $210,500 $27,500 $183,000
2018 $5,326 $210,500 $27,500 $183,000
2017 $5,326 $210,500 $27,500 $183,000
2016 $5,326 $210,500 $27,500 $183,000
2015 $5,326 $210,500 $27,500 $183,000
2014 $5,326 $210,500 $27,500 $183,000
2013 $5,326 $210,500 $27,500 $183,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1511631

Maine Listings

APN: CALA-000006-000005-000001