$310,000
SOLD APR 30, 2025

294 Main St Canaan, ME 04924

-- Bed
4 Baths
2,034 Sq Ft
0.3 Acres

Recently Sold

$152 Per Sq Ft

3% Below List Price

6 Days on Market

Highlights

  • 75 Feet of Waterfront
  • Deck
  • Porch
  • River Nearby
  • No HOA
  • Home fronts a stream

About This Home

As of April 2025

Investors take notice!! Purchase this property and instantly start making money. Spacious, well maintained, fully rented with mostly longer term tenants, four unit building with three two bedroom units and one three bedroom unit. Each unit has one bathroom. Many recent updates including water heaters, well pump and holding tank. The back property line is the Carrabassett stream offering nice views and the opportunity to take your canoe or kayak all the way to Sibley pond! Great location!

Last Agent to Sell the Property

Jim LeClair

Whittemore's Real Estate Listed on: 01/19/2025

Last Buyer's Agent

Mindy Sanderson

EXP Realty

EXP Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,578

Year Built

  • Built in 1890

Lot Details

  • 0.3 Acre Lot
  • Home fronts a stream
  • 75 Feet of Waterfront
  • Open Lot
  • Sloped Lot

Home Design

  • Brick Foundation
  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 4 Full Bathrooms
  • 2,034 Sq Ft Home
  • Multi-Level Property
  • Water Views

Flooring

  • Carpet
  • Laminate
  • Vinyl

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement
  • Interior Basement Entry
  • Dirt Floor
  • Crawl Space

Parking

  • Common or Shared Parking
  • Gravel Driveway
  • Shared Driveway
  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • River Nearby
  • Deck
  • Porch

Location

  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic Tank
  • Private Sewer

Listing and Financial Details

  • Tax Lot 003
  • Assessor Parcel Number CNNA-000001-000000-000003-U000000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Pet Policy

  • No Pets Allowed

Building Details

  • Operating Expense $11,621
  • Gross Income $46,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,578

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.3
  • Road Surface Type: Paved
  • Water Body Name: Carrabassett stream
  • MLS Status: Closed
  • Directions: GPS friendly, home located on Rt 2 directly across from the Hill Rd. See sign
  • Above Grade Finished Sq Ft: 2034.0
  • Architectural Style: Other
  • Garage Yn: No
  • Unit Levels: Multi-Level
  • Year Built: 1890
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.3
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 2034.0
  • Property Information:Garage: No
  • Site:Open: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Roof:Metal: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Basement:Partial: Yes
  • Property Information:Number of Units: 4
  • Foundation Materials:BrickMortar2: Yes
  • Foundation Materials:Stone: Yes
  • Income Expenses Gross Income: 46200.0
  • Income Expenses Operating Expenses: 11620.95
  • Parking:On Site2: Yes
  • Basement:Crawl Space: Yes
  • Sewer:Private Sewer: Yes
  • Basement:Dirt Floor: Yes
  • Recreational Water:RiverBrookStream: Yes
  • Water Info:Waterfront Amount -: 75.0
  • Water Info:Water Frontage Owned -: 75.0
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:RollingSloping: Yes
  • Water:Well Existing on Site: Yes
  • Foundation Materials:Granite2: Yes
  • Restrictions:No Dogs Allowed: Yes
  • Restrictions:No Cats Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Interior, Dirt Floor, Crawl Space, Full, Partial, Unfinished
  • Full Bathrooms: 4
  • Flooring: Vinyl, Laminate, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Rolling/Sloping, Open, Sidewalks, Intown
  • Waterfront Features: Stream
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Stone, Granite, Concrete Perimeter, Brick/Mortar
  • Patio And Porch Features: Deck, Porch
  • Roof: Metal
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel, Common, On Site, Off Street

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Cats Allowed, No Dogs Allowed

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 13068.0
  • Parcel #: CNNA-000001-000000-000003-U000000
  • Zoning: residential

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 46200.0
  • Annual Operating Expense: 11620.95

Tax Info

  • Tax Annual Amount: 3578.0
  • Tax Book Number: 4324
  • Tax Lot: 003
  • Tax Map Number: U01
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2025
Closed on
Apr 30, 2025
Sold by
Jackson Kyle D and Jackson Sandra L
Bought by
Brann David and Brann Deborah
Seller's Agent
Jim LeClair
Whittemore's Real Estate
Buyer's Agent
Mindy Sanderson
EXP Realty
List Price
$320,000
Sold Price
$310,000
Premium/Discount to List
-$10,000
-3.12%
Total Days on Market
6
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Outstanding Balance
$239,790
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 7, 2010
Sold by
Northeast Bank
Bought by
Jackson Kyle D and Jackson Sandra L
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 Type Sale Price Title Company
Quit Claim Deed $310,000 None Available
Quit Claim Deed $310,000 None Available
Not Resolvable -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $240,000 Purchase Money Mortgage
Closed $240,000 Purchase Money Mortgage
Previous Owner $90,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2025 04/30/25 Sold $310,000 -3.1% $152 / Sq Ft
01/19/2025 01/19/25 For Sale $320,000 0.0% $157 / Sq Ft
01/15/2025 01/15/25 Pending -- -- --
01/09/2025 01/09/25 For Sale $320,000 -- $157 / 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 $3,578 $337,500 $29,200 $308,300
2023 $1,708 $89,900 $16,200 $73,700
2022 $1,483 $89,900 $16,200 $73,700
2021 $1,582 $89,900 $16,200 $73,700
2020 $1,528 $89,900 $16,200 $73,700
2019 $1,519 $89,900 $16,200 $73,700
2018 $1,465 $89,900 $16,200 $73,700
2017 $1,375 $89,900 $16,200 $73,700
2016 $1,304 $89,900 $16,200 $73,700
2015 $1,411 $89,900 $16,200 $73,700
2014 $1,438 $89,900 $16,200 $73,700
2013 $1,456 $89,900 $16,200 $73,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1612264

Maine Listings

APN: CNNA-000001-000000-000003-U000000