NOT LISTED FOR SALE

280 Main Rd Milford, ME 04461

Estimated Value: $239,000 - $279,000

4 Beds
2 Baths
960 Sq Ft
$264/Sq Ft Est. Value

Last Sold September 21, 2023

Last sale price $215,000 $224 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,597/month

4 Days on Market

Highlights

  • 465 Feet of Waterfront
  • Deck
  • No HOA
  • 1.85 Acre Lot
  • Main Floor Bedroom
  • Level Lot

About This Home

As of September 2023

About 10-12 years ago this property was completely gutted and redone. Both units are like new. There are 1.84 acres and 465 feet of frontage on the Penobscot river. Both units have been rented to the same tenants for over 5 years.

Last Agent to Sell the Property

Norm Prouty

Berkshire Hathaway HomeServices Northeast Real Estate Listed on: 07/18/2023

Berkshire Hathaway HomeServices Northeast Real Estate

Co-Listed By

Dennell Baker

Berkshire Hathaway HomeServices Northeast Real Estate

Last Buyer's Agent

Norm Prouty

Berkshire Hathaway HomeServices Northeast Real Estate Listed on: 07/18/2023

Berkshire Hathaway HomeServices Northeast Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,113

Year Built

  • Built in 1970

Lot Details

  • 1.85 Acre Lot
  • 465 Feet of Waterfront
  • River Front
  • Level Lot
  • Open Lot

Parking

  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Gambrel Roof
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 960 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 2 Full Bathrooms

Utilities

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

Additional Features

  • Deck
  • City Lot

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number MILD-000027-000000-000007

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $5,192
  • Gross Income $20,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,113

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 1.85
  • Water Body Name: Penobscot
  • Co List Office Mls Id: 1143
  • Co List Office Phone: 207-942-8261
  • MLS Status: Closed
  • Directions: from Old Town cont. on Rt 2 cross over bridge, prop. approx. 1.5 miles on the left
  • Above Grade Finished Sq Ft: 960.0
  • Architectural Style: Gambrel
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1970
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.85
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 960.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Foundation Materials:Slab: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 20400.0
  • Income Expenses Operating Expenses: 5192.0
  • Basement:Slab2: Yes
  • Water Info:Waterfront Amount -: 465.0
  • Water Info:Water Frontage Owned -: 465.0
  • Driveway:Gravel: Yes
  • View:Scenic: Yes
  • Heat System:Direct Vent Heater: Yes
  • Style:Gambrel: Yes
  • Building Info:_pound_ Floors3: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Not Applicable
  • Full Bathrooms: 2
  • Flooring: Laminate, Carpet
  • Interior Amenities: 1st Floor Bedroom
  • Stories: 2

Exterior Features

  • Lot Features: Level, Open Lot, Intown, Neighborhood
  • View: Scenic
  • Waterfront Features: River
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Slab
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

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
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 80586.0
  • Parcel #: MILD-000027-000000-000007
  • Zoning: Multi-Use

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 20400.0
  • Annual Operating Expense: 5192.0

Tax Info

  • Tax Annual Amount: 2113.0
  • Tax Book Number: 12778
  • Tax Lot: 7
  • Tax Map Number: 27
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2023
Closed on
Sep 21, 2023
Sold by
Atwood Christopher G
Bought by
Lamson Jeremy J and Reeser Meredith
Seller's Agent
Norm Prouty
Berkshire Hathaway HomeServices Northeast Real Estate
Buyer's Agent
Norm Prouty
Berkshire Hathaway HomeServices Northeast Real Estate
List Price
$215,000
Sold Price
$215,000
Current Estimated Value
$253,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,502
Avg. Annual Appreciation
8.96%
Original Mortgage
$208,918
Outstanding Balance
$204,880
Interest Rate
6.96%
Mortgage Type
FHA
Estimated Equity
$48,622

Purchase Details

Listed on
Oct 24, 2011
Closed on
Apr 6, 2012
Sold by
Burke Shawn
Bought by
Atwood Christopher G
Seller's Agent
Kimberly McLaughlin
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Robin Gagner
Maine Choice Realty
List Price
$132,000
Sold Price
$126,500
Premium/Discount to List
-$5,500
-4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.73%
Original Mortgage
$123,292
Interest Rate
3.87%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lamson Jeremy J $215,000 None Available
Atwood Christopher G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lamson Jeremy J $208,918
Previous Owner Atwood Christopher G $105,260
Previous Owner Atwood Christopher G $123,292
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2023 09/21/23 Sold $215,000 0.0% $224 / Sq Ft
07/22/2023 07/22/23 Pending -- -- --
07/18/2023 07/18/23 For Sale $215,000 +70.0% $224 / Sq Ft
04/05/2012 04/05/12 Sold $126,500 -4.2% --
01/19/2012 01/19/12 Pending -- -- --
11/01/2011 11/01/11 For Sale $132,000 -- --
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 $2,583 $117,400 $46,900 $70,500
2023 $2,465 $117,400 $46,900 $70,500
2022 $2,113 $117,400 $46,900 $70,500
2021 $2,113 $117,400 $46,900 $70,500
2020 $1,382 $117,400 $46,900 $70,500
2019 $2,465 $117,400 $46,900 $70,500
2018 $2,465 $117,400 $46,900 $70,500
2017 $2,383 $117,400 $46,900 $70,500
2016 $3,977 $117,400 $46,900 $70,500
2015 $2,154 $117,400 $46,900 $70,500
2014 $1,949 $117,400 $46,900 $70,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1565670

Maine Listings

APN: MILD-000027-000000-000007