NOT LISTED FOR SALE

3 Hillside Ave Casco, ME 04015

Estimated Value: $416,620

8 Beds
2 Baths
2,250 Sq Ft
$185/Sq Ft Est. Value

Last Sold November 06, 2015

Last sale price $245,000 $109 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $2,443/month

262 Days on Market

Highlights

  • Nearby Water Access
  • Main Floor Bedroom
  • No HOA
  • 1.38 Acre Lot
  • Furnished
  • Forced Air Heating System

About This Home

As of November 2015

8 Weekly rentals at $ 120/week , high occupancy 1- 3 BR apartment leased at $1,450. Always full. Great numbers, low expenses. This building boasts a great NOI offering a 13+/- Cap rate.

Last Agent to Sell the Property

Tony Donovan

Keller Williams Coastal and Lakes & Mountains Realty Listed on: 02/02/2015

Last Buyer's Agent

Craig Miller

Portside Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,259

Year Built

  • Built in 1995

Lot Details

  • 1.38 Acre Lot
  • Level Lot
  • Open Lot

Home Design

  • Slab Foundation
  • Steel Frame
  • Wood Frame Construction
  • Metal Roof
  • Metal Siding

Interior Spaces

  • Main Floor Bedroom
  • 2,250 Sq Ft Home
  • Furnished
  • Vinyl Flooring

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Nearby Water Access

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Hot Water Heating System
  • Private Water Source
  • Well
  • Gas Water Heater
  • Septic System
  • Private Sewer

Listing and Financial Details

  • Legal Lot and Block 0002 / H
  • Assessor Parcel Number 3Hillside AvenueCasco0005H0002

Community Details

Overview

  • No Home Owners Association
  • 9 Units

Amenities

  • Coin Laundry

Building Details

  • Operating Expense $21,000
  • Gross Income $65,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,259

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 1.38
  • MLS Status: Closed
  • Directions: GPS 113 Hillside Ave Casco Maine. 30 minutes on west on Rte 302 from Portland. 2-miles east on Rte 302 from Naples Causeway. Facing Rte 302
  • Above Grade Finished Sq Ft: 2250.0
  • Architectural Style: Other Style
  • Year Built: 1995
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 108.89
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.38
  • Property Information:SqFt Finished Above Grade: 2250.0
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Water Heater:Gas: Yes
  • Driveway:Common2: Yes
  • Roof:Metal: Yes
  • Property Information:Number of Units: 9
  • Income Expenses Gross Income: 65000.0
  • Income Expenses Operating Expenses: 21000.0
  • Sewer:Private Sewer: Yes
  • Recreational Water:Nearby: Yes
  • Basement:Slab2: Yes
  • Water:Private2: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Amenities:Furniture Included: Yes
  • Exterior:Metal Clad: Yes
  • Construction:Steel Frame: Yes
  • Amenities:Laundry - Coin: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Not Applicable
  • Flooring: Vinyl
  • Interior Amenities: Furniture Included, 1st Floor Bedroom

Exterior Features

  • Lot Features: Level, Open Lot, Near Shopping, Neighborhood
  • Waterfront: No
  • Construction Type: Metal Clad, Steel Frame, Wood Frame
  • Foundation Details: Slab
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Parking Features: 11 - 20 Spaces, Paved, Common, Off Street

Utilities

  • Laundry Features: Laundry - Coin
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 60112.8
  • Parcel #: 3Hillside AvenueCasco0005H0002
  • Zoning: commercial

Multi Family

  • Number Of Units Total: 9
  • Annual Gross Income: 65000.0
  • Annual Operating Expense: 21000.0

Tax Info

  • Tax Annual Amount: 3259.0
  • Tax Block: H
  • Tax Lot: 0002
  • Tax Year: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2023
Sold by
Edie Claire Blakelund Ret
Bought by
Blakelund Everett R
Current Estimated Value
$416,620

Purchase Details

Listed on
Feb 2, 2015
Closed on
Nov 6, 2015
Sold by
Corbett Barbara E and Corbett Richard D
Bought by
Eide Claire Blakelund Rt
Seller's Agent
Tony Donovan
Keller Williams Coastal and Lakes & Mountains Realty
Buyer's Agent
Craig Miller
Portside Real Estate Group
List Price
$289,000
Sold Price
$245,000
Premium/Discount to List
-$44,000
-15.22%

Purchase Details

Closed on
Dec 5, 2007
Sold by
Nile Thomas G
Bought by
Corbett Richard D and Corbett Barbara E
Source: Public Records
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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
Blakelund Everett R -- None Available
Eide Claire Blakelund Rt -- --
Corbett Richard D -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2015 11/06/15 Sold $245,000 -15.2% $109 / Sq Ft
10/23/2015 10/23/15 Pending -- -- --
02/02/2015 02/02/15 For Sale $289,000 -- $128 / 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 $3,325 $340,300 $48,800 $291,500
2023 $3,759 $235,700 $28,800 $206,900
2022 $3,691 $235,700 $28,800 $206,900
2021 $3,691 $235,700 $28,800 $206,900
2020 $3,677 $235,700 $28,800 $206,900
2019 $3,533 $229,400 $28,800 $200,600
2018 $3,533 $229,400 $28,800 $200,600
2017 $3,464 $229,400 $28,800 $200,600
2016 $3,418 $229,400 $28,800 $200,600
2015 $3,418 $229,400 $28,800 $200,600
2013 -- $229,400 $28,800 $200,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1203244

Maine Listings

APN: CASC-000005-000002-H000000