NOT LISTED FOR SALE

28 Elm St Rockland, ME 04841

Estimated Value: $373,276

1 Bed
2 Baths
1,434 Sq Ft
$260/Sq Ft Est. Value

Last Sold December 29, 2023

Last sale price $360,000 $251 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,568/month

14 Days on Market

Highlights

  • The property is located in a historic district
  • Deck
  • Tile Flooring
  • Cape Cod Architecture
  • No HOA
  • Baseboard Heating

About This Home

As of December 2023

When we list a multi-unit with flexible space, we always try to think of the highest and best use of the property. 28 Elm Street is an anomaly as its uses are plentiful and diverse including residential, commercial and everything in between. Currently being used as overflow storage for one of Rockland's most loved bakeries, the space has two distinct areas that can be used for a variety of purposes. Located on Elm Street directly across the Farnsworth Homestead and park, this sweet little one-way street leads directly to Rockland's vibrant Main Street and from here, everything is accessible via foot. With two distinct entrances, this property could be used as two, 1 bedroom apartments, a gallery with living space upstairs or a professional office with an apartment above for those who want or need to work from home. In excellent condition, 28 Elm lends itself to most any use and could not be in a better location in downtown Rockland. Currently there is no lease in place and tenant will be vacating at the end of November.

Last Agent to Sell the Property

Fletcher McNaboe

City + Harbor Real Estate Listed on: 11/16/2023

Last Buyer's Agent

Lewis Wheelwright

LandVest, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,803

Year Built

  • Built in 1830

Lot Details

  • 1,742

Home Design

  • Cape Cod Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding
  • Clapboard

Interior Spaces

  • 2 Full Bathrooms
  • 1,434 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Basement

  • Partial Basement
  • Brick Basement
  • Exterior Basement Entry

Parking

  • No Driveway
  • Off-Site Parking

Location

  • The property is located in a historic district
  • City Lot

Utilities

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

Additional Features

  • Deck
  • 1,742 Sq Ft Lot

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number ROCD-000001G-000000-002000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,803

Year Built

Built in 1830

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.04
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From Union Street turn Left onto Elm. Property is second on the Right
  • Above Grade Finished Sq Ft: 1434.0
  • Architectural Style: Cape
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1830
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.04
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1434.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Water Heater:Electric2: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Basement:Partial: Yes
  • Property Information:Number of Units: 2
  • Exterior:Clapboard: Yes
  • Building Info:_pound_ Stories2: 2
  • Location:Historic District: Yes
  • Property Information:Short Sale Continue to Show: No
  • Basement:BrickMortar: Yes
  • Parking:Off Site: Yes
  • Driveway:No Driveway: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Parking:No Parking: Yes
  • Water Info:Island3: No
  • Foundation Materials:Granite2: Yes
  • Heat System:Direct Vent Furnace: Yes
  • Building Info:_pound_ Floors3: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Bulkhead, Brick/Mortar, Partial, Exterior Entry
  • Full Bathrooms: 2
  • Flooring: Vinyl, Tile, Laminate, Carpet
  • Stories: 2

Exterior Features

  • Lot Features: Sidewalks, Historic District, Intown, Near Shopping, Near Town, Retail Strip
  • Waterfront: No
  • Construction Type: Clapboard, Wood Frame
  • Foundation Details: Granite
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Driveway, None, Off Site

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Direct Vent Furnace, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1742.4
  • Parcel #: ROCD-000001G-000000-002000
  • Zoning: Commercial

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 5803.0
  • Tax Book Number: 2293
  • Tax Lot: 2
  • Tax Map Number: 1
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2023
Closed on
Dec 29, 2023
Sold by
Adf Inc
Bought by
Kivel Jesse and Brodsky Jeffrey
Seller's Agent
Fletcher McNaboe
City + Harbor Real Estate
Buyer's Agent
Lewis Wheelwright
LandVest, Inc.
List Price
$410,000
Sold Price
$360,000
Premium/Discount to List
-$50,000
-12.2%
Current Estimated Value
$373,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,276
Avg. Annual Appreciation
3.92%
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
Kivel Jesse $360,000 None Available
Adf Inc -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2023 12/29/23 Sold $360,000 -12.2% $251 / Sq Ft
11/16/2023 11/16/23 For Sale $410,000 -- $286 / 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 $5,853 $239,100 $94,900 $144,200
2023 $5,803 $239,100 $94,900 $144,200
2022 $5,803 $239,100 $94,900 $144,200
2021 $5,404 $239,100 $94,900 $144,200
2020 $5,332 $239,100 $94,900 $144,200
2019 $4,482 $181,000 $79,100 $101,900
2018 $4,177 $181,000 $79,100 $101,900
2017 $4,033 $181,000 $79,100 $101,900
2016 $3,931 $181,000 $79,100 $101,900
2015 $3,837 $181,000 $79,100 $101,900
2014 $3,649 $181,000 $79,100 $101,900
2013 $3,533 $181,000 $79,100 $101,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1577591

Maine Listings

APN: ROCD-000001G-000000-002000