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

Sale Details

Date Sold: November 6, 2015

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

Est. 70% increase in value since last sale

Current estimated payment $2,528 / mo

262 Days on Market

Highlights

  • Nearby Water Access
  • Main Floor Bedroom
  • No HOA
  • 1.38 Acre Lot
  • Furnished
  • Property is near shops

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

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

Additional Features

  • Nearby Water Access
  • Property is near shops

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

1.38 Acres

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2023
Sold by
Bought by
Current Estimated Value
$416,620

Purchase Details

Listed on
Feb 2, 2015
Closed on
Nov 6, 2015
Sold by
Bought by
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
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
-- --
-- --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $3,488 $340,300 $48,800 $291,500
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

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Map

Source: Maine Listings

MLS Number: 1203244

Maine Listings

APN: CASC-000005-000002-H000000

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