NOT LISTED FOR SALE

2629 Main St Rangeley, ME 04970

Estimated Value: $291,000

-- Bed
-- Bath
-- Sq Ft
0.45 Acres

Last Sold May 15, 2018

Last sale price $50,000

Est. 482% increase in value since last sale

Current estimated payment $1,777/month

17 Days on Market

Highlights

  • Lake Front
  • Wood Flooring
  • No HOA
  • Public Beach
  • New Englander Architecture
  • Asbestos

About This Home

As of May 2018

Great investment for ambitious "do it yourselfers". Needs much work but efforts will be beneficial when completed. Large single family home renovated to 4 apartments. Excellent location with lake views, in town amenities and nearby activities. Golf, skiing, snowmobiling, ATVing, and more.

Last Agent to Sell the Property

Blaine Plummer

Davis Agency Listed on: 02/02/2018

Last Buyer's Agent

Blaine Plummer

Davis Agency Listed on: 02/02/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 0.45 Acre Lot
  • Lake Front
  • Public Beach
  • Level Lot

Parking

  • Gravel Driveway

Home Design

  • New Englander Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Asbestos Siding
  • Asbestos
  • Concrete Perimeter Foundation

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Basement

  • Walk-Out Basement
  • Dirt Floor

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Mounted To A Wall or Window
  • Natural Gas Not Available
  • Electric Water Heater

Additional Features

  • Water Views
  • City Lot

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Tax Lot 69
  • Assessor Parcel Number RANG-000035-000000-000069

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.45
  • Road Surface Type: Paved
  • Water Body Name: Rangeley Lake
  • MLS Status: Closed
  • Directions: 2629 Main Street Rangeley, Me.
  • Architectural Style: New Englander
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.45
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Walk-Out: Yes
  • Water Heater:Electric2: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 4
  • Location:Near Public Beach: Yes
  • Basement:Dirt Floor: Yes
  • Driveway:Gravel: Yes
  • Heat System:Direct Vent Heater: Yes
  • Exterior:Asbestos: Yes
  • Style:New Englander: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Dirt Floor, Walk-Out Access
  • Fireplace: No
  • Flooring: Wood, Vinyl, Tile, Carpet

Exterior Features

  • Lot Features: Level, Intown, Near Public Beach
  • Waterfront Features: Lake
  • Waterfront: No
  • Construction Type: Asbestos, Wood Frame
  • Foundation Details: Gravel/Pad, Concrete Perimeter
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 19602.0
  • Parcel #: RANG-000035-000000-000069
  • Zoning: Residential

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 2152.0
  • Tax Book Number: 2599
  • Tax Lot: 69
  • Tax Map Number: 35
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2018
Closed on
May 16, 2018
Sold by
Walsh Hughes D
Bought by
Hodsdon Dawn P and Hodsdon Edwin R
Seller's Agent
Blaine Plummer
Davis Agency
Buyer's Agent
Blaine Plummer
Davis Agency
List Price
$50,000
Sold Price
$50,000
Total Days on Market
17
Current Estimated Value
$291,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,000
Avg. Annual Appreciation
39.15%
Original Mortgage
$53,500
Outstanding Balance
$32,341
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$496,659

Purchase Details

Closed on
May 9, 2005
Sold by
Hallett Stanley C and Hallett Karen A
Bought by
Walsh Hughes D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,920
Interest Rate
6%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Hodsdon Dawn P -- --
Hodsdon Dawn P -- --
Walsh Hughes D -- --
Walsh Hughes D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hodsdon Dawn P $53,500
Closed Walsh Hughes D $53,500
Previous Owner Walsh Hughes D $143,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2018 05/15/18 Sold $50,000 0.0% --
02/19/2018 02/19/18 Pending -- -- --
02/01/2018 02/01/18 For Sale $50,000 -- --
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 $1,947 $159,200 $51,700 $107,500
2023 $1,947 $159,200 $51,700 $107,500
2022 $1,712 $113,700 $36,900 $76,800
2021 $1,686 $113,700 $36,900 $76,800
2020 $1,527 $110,300 $36,900 $73,400
2019 $1,539 $110,300 $36,900 $73,400
2018 $158 $110,300 $36,900 $73,400
2017 $2,287 $180,500 $36,900 $143,600
2016 $160 $180,500 $36,900 $143,600
2015 $2,067 $180,500 $36,900 $143,600
2014 $2,085 $180,500 $36,900 $143,600
2013 $2,112 $180,500 $36,900 $143,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1337675

Maine Listings

APN: RANG-000035-000000-000069