NOT LISTED FOR SALE

3 Prospect St Limerick, ME 04048

Estimated Value: $413,000 - $471,630

-- Bed
3 Baths
1,848 Sq Ft
$246/Sq Ft Est. Value

Last Sold June 29, 2018

Last sale price $196,000 $106 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $2,757/month

37 Days on Market

Highlights

  • 999 Feet of Waterfront
  • No HOA
  • Home fronts a stream
  • River Nearby
  • Tile Flooring
  • Forced Air Heating System

About This Home

As of June 2018

Sweet opportunity to buy this intown 3 unit! Live in one and rent the other two units out. All units are two bedrooms, one bath. Property has been updated with metal roof, windows and flooring. Nice property offers side yard, storage sheds and at the moment fully occupied. Walk to restaurants, across the street to Sokokis Lake and so close to snowmobile trails!

Last Agent to Sell the Property

Diane Gray

Bean Group Listed on: 03/09/2018

Last Buyer's Agent

Joseph Massimino

Bean Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,823

Year Built

  • Built in 1982

Lot Details

  • 0.48 Acre Lot
  • Home fronts a stream
  • 999 Feet of Waterfront
  • Rural Setting
  • Open Lot

Property Views

  • Water
  • Scenic Vista

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 3 Full Bathrooms
  • 1-Story Property

Flooring

  • Carpet
  • Tile
  • Vinyl

Finished Basement

  • Walk-Out Basement
  • Interior Basement Entry

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • River Nearby

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Hot Water Heating System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Tax Lot 58
  • Assessor Parcel Number LIME-000023-000000-000058

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,823

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.48
  • Water Body Name: Brown
  • MLS Status: Closed
  • Architectural Style: Multi-Level
  • Building Stories: 1
  • Year Built: 1982
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.48
  • Property Information:Total Baths: 3.0
  • Site:Open: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Basement:Walkout Access: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Roof:Metal: Yes
  • Property Information:Number of Units: 3
  • Building Info:_pound_ Stories2: 1
  • Style:Multi-Level: Yes
  • Exterior:Wood Siding: Yes
  • Recreational Water:RiverBrookStream: Yes
  • Location:Rural: Yes
  • Water Info:Waterfront Amount -: 999.0
  • Water Info:Water Frontage Owned -: 999.0
  • Property Information:Bank Owned REO: No
  • View:Scenic: Yes
  • Heat System:Direct Vent Heater: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Has Basement: Walk-Out Access, Finished, Interior Entry
  • Full Bathrooms: 3
  • Fireplace: No
  • Flooring: Vinyl, Tile, Other, Carpet

Exterior Features

  • Lot Features: Open Lot, Rural
  • View: Scenic
  • Waterfront Features: Brook, Stream
  • Waterfront: Yes
  • Construction Type: Wood Siding, Wood Frame
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Paved, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Forced Air, Direct Vent Heater, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 20908.8
  • Parcel #: LIME-000023-000000-000058
  • Zoning: RES

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 2823.0
  • Tax Book Number: 2896
  • Tax Lot: 58
  • Tax Map Number: 23
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 17, 2020
Sold by
Smith Maximillian J
Bought by
Smith Maximillian J
Current Estimated Value
$454,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,759
Interest Rate
3.99%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 9, 2018
Closed on
Jun 29, 2018
Sold by
Way Lisa S and Lehoux Lisa S
Bought by
Smith Maximillian J
Seller's Agent
Diane Gray
Bean Group
Buyer's Agent
Joseph Massimino
Bean Group
List Price
$190,000
Sold Price
$196,000
Premium/Discount to List
$6,000
3.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.29%
Original Mortgage
$192,449
Interest Rate
4.6%
Mortgage Type
FHA
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 Buyer Sale Price Title Company
Smith Maximillian J -- None Available
Smith Maximillian J -- None Available
Smith Maximillian J -- --
Smith Maximillian J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Maximillian J $141,640
Closed Smith Maximillian J $38,000
Closed Smith Maximillian J $195,000
Closed Smith Maximillian J $191,759
Previous Owner Smith Maximillian J $192,449
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2018 06/29/18 Sold $196,000 +3.2% $106 / Sq Ft
04/16/2018 04/16/18 Pending -- -- --
03/09/2018 03/09/18 For Sale $190,000 -- $103 / 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 $3,361 $353,790 $78,618 $275,172
2023 $3,715 $244,377 $38,873 $205,504
2022 $3,470 $244,376 $38,872 $205,504
2021 $3,245 $195,501 $31,098 $164,403
2020 $2,939 $179,215 $31,098 $148,117
2019 $2,823 $179,215 $31,098 $148,117
2018 $2,894 $179,215 $31,098 $148,117
2017 $2,823 $179,215 $31,098 $148,117
2016 $2,697 $179,215 $31,098 $148,117
2015 $2,617 $179,215 $31,098 $148,117
2014 $2,536 $179,215 $31,098 $148,117
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2018

    Diane Gray

    Bean Group

  • J

    Buyer's Agent in 2018

    Joseph Massimino

    Bean Group

See All Agents

Map

Source: Maine Listings

MLS Number: 1340943

Maine Listings

APN: LIME-000023-000000-000058

Maine York County Limerick 04048

3 Prospect St, Limerick, ME

This home is located at 3 Prospect St, Limerick, ME 04048 since 09 March 2018 and is currently estimated at $454,658, approximately $246 per square foot. This property was built in 1982. 3 Prospect St is a home located in York County with nearby schools including Massabesic High School and Ossipee Valley Christian School.

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