NOT LISTED FOR SALE

Estimated Value: $234,306 - $351,000

5 Beds
2 Baths
1,656 Sq Ft
$171/Sq Ft Est. Value

Last Sold August 15, 2016

Last sale price $125,000 $75 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $1,879/month

3 Days on Market

Highlights

  • Country Club
  • Main Floor Bedroom
  • Forced Air Heating System
  • Orono Middle School Rated A
  • No HOA
  • Property is near a golf course

About This Home

As of August 2016

LOCATION, LOCATION, LOCATION !! Short walk to the University of Maine Campus and to downtown Orono! This 2 unit property consist of a 3 bedroom apartment and a 2 bedroom apartment. Both have new tenants that moved in June 1, 2016. Leases go through May 2017. $1425 rent for the 3 bedroom, $950 rent for the 2 bedroom. Apt A just renovated. Need to give tenants 24 hour notice for showings. Don't miss this great opportunity.

Last Agent to Sell the Property

Chad Bradbury

ERA Dawson-Bradford Co. Listed on: 06/08/2016

ERA Dawson-Bradford Co.

Last Buyer's Agent

Hilary Gotlieb

Bean Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,364

Year Built

  • Built in 1920

Lot Details

  • 8,276 Sq Ft Lot
  • Level Lot
  • Open Lot

Home Design

  • Duplex
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,656 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 2 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Sump Pump

Parking

  • Common or Shared Parking
  • Gravel Driveway
  • Shared Driveway

Location

  • Property is near a golf course
  • City Lot

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 112
  • Assessor Parcel Number 3parkstreetoronomaine04473

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Country Club

Building Details

  • Gross Income $26,952

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,364

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.19
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: North on Main Street in Orono. When you cross the bridge in the center of town, the road becomes Park Street. Property is on the right as you go through the light.
  • Above Grade Finished Sq Ft: 1656.0
  • Architectural Style: Duplex
  • Building Stories: 2
  • Year Built: 1920
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.19
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1656.0
  • Site:Level: Yes
  • Site:Open: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Exterior:Vinyl Siding: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Property Information:Number of Units: 2
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 26952.0
  • Style:Duplex: Yes
  • Gas:Natural - At Street: Yes
  • Driveway:Gravel: Yes
  • Equipment:Cable: Yes
  • Location:Near Country Club: Yes
  • Basement:Sump Pump: Yes
  • Building Info:_pound_ Floors3: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Walk-Out Access, Full, Sump Pump, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: 1st Floor Bedroom
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Sidewalks, Intown, Near Golf Course
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8276.4
  • Parcel #: 3parkstreetoronomaine04473
  • Zoning: MDR

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 26952.0

Tax Info

  • Tax Annual Amount: 2364.0
  • Tax Book Number: 11093
  • Tax Lot: 112
  • Tax Map Number: 019
  • Tax Year: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2021
Sold by
Ba Prop Llc
Bought by
Wildwood Enterprises Llc
Current Estimated Value
$283,327

Purchase Details

Closed on
Jul 14, 2017
Sold by
Schlegel Jeffrey A
Bought by
Schlegel Mckibben Lt and Schlegel

Purchase Details

Listed on
Jun 8, 2016
Closed on
Aug 18, 2016
Sold by
Umaine Properties Llc
Bought by
Schlegel Jeffrey A
Seller's Agent
Chad Bradbury
ERA Dawson-Bradford Co.
Buyer's Agent
Hilary Gotlieb
Bean Group
List Price
$125,000
Sold Price
$125,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.69%
Original Mortgage
$93,750
Interest Rate
3.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 21, 2007
Sold by
Graiver Loni
Bought by
Ume Properties Llc
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
Wildwood Enterprises Llc -- None Available
Schlegel Mckibben Lt -- --
Schlegel Mckibben Lt -- --
Schlegel Jeffrey A -- --
Schlegel Jeffrey A -- --
Ume Properties Llc -- --
Ume Properties Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schlegel Jeffrey A $93,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2016 08/15/16 Sold $125,000 0.0% $75 / Sq Ft
06/12/2016 06/12/16 Pending -- -- --
06/08/2016 06/08/16 For Sale $125,000 -- $75 / 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 $3,615 $169,300 $30,000 $139,300
2023 $3,601 $153,900 $27,300 $126,600
2022 $3,663 $153,900 $27,300 $126,600
2021 $3,655 $153,900 $27,300 $126,600
2020 $3,537 $125,900 $30,800 $95,100
2019 $3,330 $125,900 $30,800 $95,100
2018 $3,399 $125,900 $30,800 $95,100
2017 $3,273 $125,900 $30,800 $95,100
2016 $3,129 $125,900 $30,800 $95,100
2015 $2,364 $96,900 $30,800 $66,100
2014 $2,311 $96,900 $30,800 $66,100
2013 $2,248 $96,900 $30,800 $66,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1268225

Maine Listings

APN: ORON-019004-000000-000112