NOT LISTED FOR SALE

289 Front St Richmond, ME 04357

Estimated Value: $104,000 - $304,945

3 Beds
3 Baths
2,272 Sq Ft
$80/Sq Ft Est. Value

Last Sold January 26, 2024

Last sale price $92,000 $40 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $1,190/month

5 Days on Market

Highlights

  • Nearby Water Access
  • Deck
  • New Englander Architecture
  • River Front
  • Wood Flooring
  • 3-minute walk to Fort Richmond Park

About This Home

As of January 2024

Duplex in the heart of downtown Richmond. Enjoy the beautiful views and wildlife that the Kennebec River has to offer right from your own backyard. Many improvements have been made in the past year but there are still more to do. Build some quick equity! Live in one unit and let the other unit help with your mortgage payment. The main unit has3- 4 bedrooms, 2 baths. The second unit has 2 bedrooms, 1 bath. Separate heating systems for each unit.
Walking distance to the Waterfront Park, marina and restaurants. Richmond is a quaint, cozy historic town in between Augusta & Brunswick. The town plans lots of activities throughout the year for its residents which makes it a close-knit community. An easy commute the I-295, Bath, Brunswick, Portland & Augusta.

Last Agent to Sell the Property

Shelly Kilmer

LAER Listed on: 12/21/2023

Co-Listed By

Jacqueline Kilmer

LAER

Last Buyer's Agent

Julie Rosenthal

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1875

Lot Details

  • 0.28 Acre Lot
  • River Front
  • Level Lot
  • Open Lot

Property Views

  • Water
  • Scenic Vista

Home Design

  • Duplex
  • New Englander Architecture
  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Flooring

  • Wood
  • Laminate
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 3 Full Bathrooms
  • Shower Only

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Gravel Driveway
  • Paved Parking
  • On-Site Parking

Outdoor Features

  • Nearby Water Access
  • River Nearby
  • Deck

Location

  • City Lot

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater
  • Internet Available

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 024
  • Assessor Parcel Number RICD-000002-000000-000024-000000-U

Property Details

Home Type

Multi-Family

Year Built

Built in 1875

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.28
  • Road Surface Type: Paved
  • Water Body Name: Kennebec River
  • Co List Office Phone: 207-622-2220
  • MLS Status: Closed
  • Directions: GPS Friendly
  • Above Grade Finished Sq Ft: 1766.0
  • Architectural Style: Duplex, New Englander
  • Garage Yn: No
  • Year Built: 1875
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 70.72
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.28
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 1766.0
  • Property Information:SqFt Finished Below Grade: 506.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Oil: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Walk-Out: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 2
  • Parking:On Site2: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Style:Duplex: Yes
  • Recreational Water:Nearby: Yes
  • Recreational Water:RiverBrookStream: Yes
  • Driveway:Gravel: Yes
  • Equipment:Internet Access Available: Yes
  • View:Scenic: Yes
  • Heat System:Direct Vent Heater: Yes
  • Floors:Concrete2: Yes
  • Foundation Materials:Granite2: Yes
  • Style:New Englander: Yes
  • Advertising Remarks:Advertising Remarks: Duplex in the heart of downtown Richmond. Enjoy the beautiful views and wildlife that the Kennebec River has to offer right from your own backyard. Many improvements have been made in the past year but there are still more to do. Build some quick equity! Live in one unit and let the other unit help with your mortgage payment. The main unit has3- 4 bedrooms, 2 baths. The second unit has 2 bedrooms, 1 bath. Separate heating systems for each unit. Walking distance to the Waterfront Park, marina and restaurants. Richmond is a quaint, cozy historic town in between Augusta & Brunswick. The town plans lots of activities throughout the year for its residents which makes it a close-knit community. An easy commute the I-295, Bath, Brunswick, Portland & Augusta.
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Walk-Out Access, Finished, Full, Unfinished
  • Full Bathrooms: 3
  • Below Grade Sq Ft: 506.0
  • Flooring: Wood, Tile, Laminate, Concrete
  • Interior Amenities: 1st Floor Bedroom, Shower
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Sidewalks, Intown, Near Shopping, Near Town
  • View: Scenic
  • Waterfront Features: River
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Granite, Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: 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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 12196.8
  • Parcel #: RICD-000002-000000-000024-000000-U
  • Zoning: Village

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2433.0
  • Tax Lot: 024
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2023
Closed on
Jan 26, 2024
Sold by
Barbosa Properties Llc
Bought by
Gorman Craig
Seller's Agent
Shelly Kilmer
LAER
Buyer's Agent
Julie Rosenthal
Keller Williams Realty
List Price
$124,900
Sold Price
$92,000
Premium/Discount to List
-$32,900
-26.34%
Views
1
Current Estimated Value
$182,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,236
Avg. Annual Appreciation
40.98%

Purchase Details

Listed on
Aug 14, 2022
Closed on
Nov 18, 2022
Sold by
Galarza Clery
Bought by
Barbosa Properties Llc
Seller's Agent
Susan Hill
River's Edge Realty LLC
Buyer's Agent
brianna mannisto-shuck
Integrity Homes Real Estate Group, PC
List Price
$120,000
Sold Price
$80,750
Premium/Discount to List
-$39,250
-32.71%
Views
4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.69%
Original Mortgage
$165,000
Interest Rate
6.95%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Aug 14, 2022
Closed on
Nov 16, 2022
Sold by
Wilmington Svgs Fund Soc
Bought by
Galarza Clery
Seller's Agent
Susan Hill
River's Edge Realty LLC
Buyer's Agent
brianna mannisto-shuck
Integrity Homes Real Estate Group, PC
List Price
$120,000
Sold Price
$80,750
Premium/Discount to List
-$39,250
-32.71%
Views
4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
6.95%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gorman Craig $92,000 None Available
Gorman Craig $92,000 None Available
Barbosa Properties Llc -- None Available
Barbosa Properties Llc -- None Available
Galarza Clery -- None Available
Galarza Clery -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barbosa Properties Llc $165,000
Previous Owner Galarza Clery $165,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/26/2024 01/26/24 Sold $92,000 -26.3% $40 / Sq Ft
12/26/2023 12/26/23 Pending -- -- --
12/21/2023 12/21/23 For Sale $124,900 +54.7% $55 / Sq Ft
11/23/2022 11/23/22 Sold $80,750 -32.7% $36 / Sq Ft View Prior Sale
09/30/2022 09/30/22 Pending -- -- --
08/14/2022 08/14/22 For Sale $120,000 -- $54 / Sq Ft
Source: Maine Listings

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 $2,672 $113,200 $35,300 $77,900
2023 $2,434 $113,200 $35,300 $77,900
2022 $2,213 $113,200 $35,300 $77,900
2021 $2,213 $113,200 $35,300 $77,900
2020 $2,213 $113,200 $35,300 $77,900
2019 $2,213 $113,200 $35,300 $77,900
2018 $2,213 $113,200 $35,300 $77,900
2017 $2,213 $113,200 $35,300 $77,900
2016 $2,168 $113,200 $35,300 $77,900
2015 $2,107 $112,700 $35,300 $77,400
2014 $2,175 $112,700 $35,300 $77,400
2013 $2,040 $112,700 $35,300 $77,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1579450

Maine Listings

APN: RICD-000002-000000-000024-000000-U