NOT LISTED FOR SALE

3 Ossipee Trail W Standish, ME 04084

Estimated Value: $750,943

Studio
5 Baths
5,230 Sq Ft
$144/Sq Ft Est. Value

Sale Details

Date Sold: December 31, 2024

Last sale price $720,000 $138 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,455 / mo

58 Days on Market

Highlights

  • Public Beach
  • No HOA
  • Property is near golf course and shops
  • New Englander Architecture
  • Forced Air Zoned Heating System
  • Carpet

About This Home

As of December 2024

Location!!! This building is completing full with great tenants. The Genereal Store, a Standish Icon in one of the store fronts and a new and upcoming business in the fully redone second store front. Two units upstairs with their own laundry. Ground level apartment. Building has been updated throughout the years and brings in money each month. This is a RARE find!

Last Agent to Sell the Property

Janice Pompe John Lesser

The Maine Real Estate Group Listed on: 08/14/2024

Last Buyer's Agent

Dean Richardson

Dream Home Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,640

Year Built

  • Built in 1920

Lot Details

  • 8,712 Sq Ft Lot
  • Public Beach

Home Design

  • New Englander Architecture
  • Farmhouse Style Home
  • Pitched Roof
  • Shingle Roof

Interior Spaces

  • 5,230 Sq Ft Home
  • Multi-Level Property
  • Interior Basement Entry

Flooring

  • Carpet
  • Laminate
  • Vinyl

Location

  • Property is near golf course and shops

Utilities

  • No Cooling
  • Forced Air Zoned Heating System
  • Heating System Mounted To A Wall or Window
  • Private Sewer

Listing and Financial Details

  • Tax Lot 017
  • Assessor Parcel Number STAN-000036-000000-000017

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • Operating Expense $14,064
  • Gross Income $84,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,640

Year Built

Built in 1920

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2
  • MLS Status: Closed
  • Directions: Intersection of Rt 35 and Rt 25
  • Above Grade Finished Sq Ft: 5230.0
  • Architectural Style: Farmhouse, New Englander, Other
  • Garage Yn: No
  • Unit Levels: Multi-Level
  • Year Built: 1920
  • Contract Information:List PriceSqFt: 143.4
  • Property Information:Seasonal: No
  • Water Info:Water View2: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Accessibility Features: Other Accessibilities
  • Has Basement: Interior Entry
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Flooring: Carpet, Laminate, Vinyl

Exterior Features

  • Lot Features: Business District
  • Waterfront: No
  • Roof: Pitched, Shingle

Garage/Parking

  • Attached Garage: No

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater, Forced Air, Zoned
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8712.0
  • Parcel #: STAN-000036-000000-000017
  • Zoning: commercial residenti

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 84600.0
  • Annual Operating Expense: 14064.0

Tax Info

  • Tax Annual Amount: 4640.0
  • Tax Lot: 017

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

Listed on
Aug 14, 2024
Closed on
Dec 31, 2024
Sold by
Bought by
Seller's Agent
Janice Pompe John Lesser
The Maine Real Estate Group
Buyer's Agent
Dean Richardson
Dream Home Realty LLC
List Price
$750,000
Sold Price
$720,000
Premium/Discount to List
-$30,000
-4%
Views
31
Current Estimated Value
$750,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,943
Avg. Annual Appreciation
2.90%
Original Mortgage
$576,000
Outstanding Balance
$568,392
Interest Rate
6.84%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$182,551

Purchase Details

Closed on
Dec 21, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
2.7%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$720,000 None Available
$720,000 None Available
-- None Available
-- None Available
-- None Available
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $576,000
Closed $576,000
Previous Owner $300,000
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
12/31/2024 12/31/24 Sold $720,000 -4.0% $138 / Sq Ft
10/11/2024 10/11/24 Pending -- -- --
08/14/2024 08/14/24 For Sale $750,000 -- $143 / 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 $4,886 $394,000 $95,000 $299,000
2024 $5,078 $403,000 $87,600 $315,400
2023 $4,640 $335,000 $73,200 $261,800
2022 $4,719 $326,600 $64,800 $261,800
2021 $4,772 $318,100 $56,300 $261,800
2019 $4,549 $318,100 $56,300 $261,800
2018 $4,422 $318,100 $56,300 $261,800
2017 $4,215 $318,100 $56,300 $261,800
2016 $4,078 $318,100 $56,300 $261,800
2015 $4,068 $318,100 $56,300 $261,800
2013 $3,843 $318,100 $56,300 $261,800
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Janice Pompe John Lesser

    The Maine Real Estate Group

    (207) 329-4534

    6 in this area

    120 Total Sales

    Janice Pompe John Lesser
    Section Image

  • D

    Buyer's Agent in 2024

    Dean Richardson

    Dream Home Realty LLC

    (207) 300-4663

    1 in this area

    10 Total Sales

    Dean Richardson
    Section Image
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Map

Source: Maine Listings

MLS Number: 1600363

Maine Listings

APN: STAN-000036-000000-000017

Maine Cumberland County Standish 04084

3 Ossipee Trail W, Standish, ME

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