NOT LISTED FOR SALE

27 Highland Ave Mechanic Falls, ME 04256

Estimated Value: $250,000 - $290,000

-- Bed
2 Baths
2,109 Sq Ft
$131/Sq Ft Est. Value

Last Sold October 13, 2023

Last sale price $230,000 $109 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,747/month

17 Days on Market

Highlights

  • Wood Flooring
  • Farmhouse Style Home
  • 1 Car Attached Garage
  • Main Floor Bedroom
  • No HOA
  • Double Pane Windows

About This Home

As of October 2023

Nice 2 unit in Mechanic Falls that could be a real money maker! Presently, it is owner occupied so rents are projected, but ask your lender how much your preapproval amount for a single family home will increase due to income from the 2nd unit. It's time to think about having someone else pay part of your mortgage! First floor has 3 bedrooms (one is seen as a dining room in the photos. Previous owners used the built in as clothing storage). The second floor unit has 2 bedrooms and both units come fully applianced. Nice 0.35 acre lot plus garage and spacious yard and car port. May not go all financing.

Last Agent to Sell the Property

Charmaine Raby

Fontaine Family-The Real Estate Leader Listed on: 08/18/2023

Last Buyer's Agent

Tim Dunham

Tim Dunham Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,413

Year Built

  • Built in 1900

Lot Details

  • 0.35 Acre Lot
  • Level Lot
  • Open Lot

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Farmhouse Style Home
  • Brick Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Clap Board Siding
  • Clapboard

Interior Spaces

  • 2,109 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Stove
  • Laundry on main level

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 2 Full Bathrooms
  • Bathtub
  • Shower Only

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Brick Basement
  • Interior Basement Entry

Location

  • City Lot

Utilities

  • Air Conditioning
  • Forced Air Zoned Heating System
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater
  • Internet Available

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number MECH-000021-000000-000014

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $4,950
  • Gross Income $26,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,413

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.35
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: GPS friendly. From Auburn, take Court st to a right on Minot Ave. Go 7 miles to a left on Park St, then 04. miles to a right on Elm St. Highland Ave will be on your left. See sign.
  • Above Grade Finished Sq Ft: 2109.0
  • Architectural Style: Farmhouse, Multi-Level
  • Garage Yn: Yes
  • Efficiency: Double Pane Windows
  • Building Stories: 2
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.35
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2109.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Stove: Yes
  • Heat Fuel:Oil: Yes
  • Heat Fuel:Propane: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 1.0
  • Water Heater:Electric2: Yes
  • Amenities:One-Floor Living: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:BrickMortar2: Yes
  • Exterior:Clapboard: Yes
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 26400.0
  • Income Expenses Operating Expenses: 4950.0
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Heat Fuel:Wood2: Yes
  • Basement:BrickMortar: Yes
  • Equipment:Internet Access Available: Yes
  • Site:RollingSloping: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Property Information:Deed Restrictions: Unknown
  • Energy Efficiency:Double Pane Windows: Yes
  • Heat System:Direct Vent Heater: Yes
  • Water Heater:Tank: Yes
  • Cooling:AC Units: Yes
  • Building Info:_pound_ Floors3: 2
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Brick/Mortar, Full, Other, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Flooring: Wood, Vinyl, Laminate, Carpet
  • Interior Amenities: 1st Floor Bedroom, Bathtub, One-Floor Living, Shower, Storage
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Rolling Slope, Intown, Neighborhood
  • Waterfront: No
  • Construction Type: Wood Siding, Clapboard, Wood Frame
  • Foundation Details: Brick/Mortar
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: 1 - 4 Spaces, Paved, On Site

Utilities

  • Laundry Features: Laundry - 1st Floor, Upper Level, Main Level
  • Cooling: A/C Units
  • Cooling Y N: Yes
  • Heating: Stove, Multi-Zones, Forced Air, Direct Vent Heater
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 15246.0
  • Parcel #: MECH-000021-000000-000014
  • Zoning: general residential

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 26400.0
  • Annual Operating Expense: 4950.0

Tax Info

  • Tax Annual Amount: 2413.0
  • Tax Book Number: 9802
  • Tax Lot: 14
  • Tax Map Number: 21
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2023
Closed on
Oct 13, 2023
Sold by
Travers Archie R and Dolloff Layla H
Bought by
Henslee Christopher C
Seller's Agent
Charmaine Raby
Fontaine Family-The Real Estate Leader
Buyer's Agent
Tim Dunham
Tim Dunham Realty
List Price
$225,000
Sold Price
$230,000
Premium/Discount to List
$5,000
2.22%
Current Estimated Value
$277,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,254
Avg. Annual Appreciation
9.74%
Original Mortgage
$223,341
Outstanding Balance
$219,994
Interest Rate
7.18%
Mortgage Type
FHA
Estimated Equity
$55,713

Purchase Details

Closed on
Mar 16, 2018
Sold by
Travers Archie R
Bought by
Travers Archie R and Dolloff Layla H

Purchase Details

Listed on
May 4, 2016
Closed on
Oct 6, 2016
Sold by
Rosenbaum Susan D
Bought by
Travers Archie R
Seller's Agent
Gina Letourneau
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Charmaine Raby
Fontaine Family-The Real Estate Leader
List Price
$125,000
Sold Price
$119,900
Premium/Discount to List
-$5,100
-4.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.70%
Original Mortgage
$117,724
Interest Rate
3.43%
Mortgage Type
FHA
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
Henslee Christopher C $230,000 None Available
Travers Archie R -- --
Travers Archie R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Henslee Christopher C $223,341
Previous Owner Travers Archie R $117,724
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2023 10/13/23 Sold $230,000 +2.2% $109 / Sq Ft
09/04/2023 09/04/23 Pending -- -- --
08/18/2023 08/18/23 For Sale $225,000 +87.7% $107 / Sq Ft
09/28/2016 09/28/16 Sold $119,900 -4.1% $57 / Sq Ft
08/02/2016 08/02/16 Pending -- -- --
05/04/2016 05/04/16 For Sale $125,000 -- $59 / 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 $3,399 $220,723 $42,016 $178,707
2023 $3,090 $220,723 $42,016 $178,707
2022 $2,413 $108,440 $19,642 $88,798
2021 $2,342 $108,440 $19,642 $88,798
2020 $2,326 $108,440 $19,642 $88,798
2019 $2,272 $108,440 $19,642 $88,798
2018 $2,364 $108,440 $19,642 $88,798
2017 $2,386 $108,440 $19,642 $88,798
2016 $2,312 $108,440 $19,642 $88,798
2015 $2,321 $108,440 $19,642 $88,798
2014 $2,299 $108,440 $19,642 $88,798
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1569260

Maine Listings

APN: MECH-000021-000000-000014