NOT LISTED FOR SALE

29 Joey Ln Chelsea, ME 04330

Estimated Value: $373,817

-- Bed
4 Baths
2,832 Sq Ft
$132/Sq Ft Est. Value

Last Sold May 26, 2021

Last sale price $250,000 $88 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,373/month

Highlights

  • 2.3 Acre Lot
  • Ranch Style House
  • Baseboard Heating
  • Wooded Lot
  • No HOA
  • Level Lot

About This Home

As of May 2021

Chelsea, 4 Unit income property. Two 1 Bedroom units, Two 2 Bedroom units.

Last Agent to Sell the Property

Bill Logan

Brookewood Realty Listed on: 05/26/2021

Last Buyer's Agent

Jessica Fike

Excel Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,575

Year Built

  • Built in 1990

Lot Details

  • 2.3 Acre Lot
  • Dirt Road
  • Rural Setting
  • Level Lot
  • Wooded Lot

Parking

  • Gravel Driveway

Home Design

  • 2,832 Sq Ft Home
  • Ranch Style House
  • Concrete Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Full Bathrooms

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Tax Lot 180
  • Assessor Parcel Number CHEA-000008-000000-000172-AP000000T

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $14,806
  • Gross Income $33,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,575

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 2.3
  • Road Surface Type: Gravel
  • MLS Status: Closed
  • Directions: GPS Friendly
  • Above Grade Finished Sq Ft: 2832.0
  • Architectural Style: Ranch
  • Garage Yn: No
  • Year Built: 1990
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 2.3
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 2832.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • 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
  • Electric:Circuit Breakers: Yes
  • Exterior:Vinyl Siding: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Gas:No Gas: Yes
  • Style:Ranch: Yes
  • Property Information:Number of Units: 4
  • Income Expenses Gross Income: 33600.0
  • Income Expenses Operating Expenses: 14806.0
  • Sewer:Private Sewer: Yes
  • Basement:Slab2: Yes
  • Location:Rural: Yes
  • Roads:GravelDirt: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Not Applicable
  • Full Bathrooms: 4
  • Flooring: Vinyl, Carpet

Exterior Features

  • Lot Features: Level, Wooded, Rural
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter, Slab
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Gravel

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 100188.0
  • Parcel #: CHEA-000008-000000-000172-AP000000T
  • Zoning: none

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 33600.0
  • Annual Operating Expense: 14806.0

Tax Info

  • Tax Annual Amount: 3575.0
  • Tax Book Number: 3379
  • Tax Lot: 180
  • Tax Map Number: 8
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2021
Closed on
May 25, 2021
Sold by
Jean Elizabeth and Jean Raymond
Bought by
4Re Llc
Seller's Agent
Bill Logan
Brookewood Realty
Buyer's Agent
Jessica Fike
Excel Realty
List Price
$250,000
Sold Price
$250,000
Current Estimated Value
$373,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,817
Avg. Annual Appreciation
9.67%
Original Mortgage
$440,000
Outstanding Balance
$398,126
Interest Rate
3%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
-$24,309
Source: Public Records

Range of Values:

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Average Value
Not Available
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
4Re Llc -- None Available
4Re Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 4Re Llc $440,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2021 05/26/21 Sold $250,000 0.0% $88 / Sq Ft
05/26/2021 05/26/21 Pending -- -- --
05/26/2021 05/26/21 For Sale $250,000 -- $88 / 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 $4,595 $302,326 $73,826 $228,500
2023 $4,295 $241,860 $59,060 $182,800
2022 $4,080 $241,860 $59,060 $182,800
2021 $3,920 $201,550 $49,217 $152,333
2019 $3,718 $191,150 $41,217 $149,933
2018 $3,813 $191,150 $41,217 $149,933
2017 $4,030 $205,822 $65,588 $140,234
2016 $3,725 $205,822 $65,588 $140,234
2015 $3,705 $205,822 $65,588 $140,234
2014 $3,540 $205,822 $65,588 $140,234
2013 $3,701 $205,821 $65,587 $140,234
Source: Public Records

Agents Affiliated with this Home

  • Bill Logan

    Seller's Agent in 2021

    Bill Logan

    Brookewood Realty

    (207) 458-5600

    2 in this area

    42 Total Sales

    Bill Logan
    Section Image

  • J

    Buyer's Agent in 2021

    Jessica Fike

    Excel Realty

See All Agents

Map

Source: Maine Listings

MLS Number: 1493380

Maine Listings

APN: CHEA-000008-000000-000180

Maine Kennebec County Chelsea 04330

29 Joey Ln, Chelsea, ME

This home is located at 29 Joey Ln, Chelsea, ME 04330 since 26 May 2021 and is currently estimated at $373,817, approximately $131 per square foot. This property was built in 1990. 29 Joey Ln is a home located in Kennebec County with nearby schools including Chelsea Elementary School, Maine Virtual Academy, and Stepping Stones Montessori School.

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