NOT LISTED FOR SALE

307 Franklin St Rumford, ME 04276

Estimated Value: $193,632 - $221,000

-- Bed
3 Baths
3,542 Sq Ft
$57/Sq Ft Est. Value

Last Sold November 18, 2022

Last sale price $80,000 $23 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $1,108/month

7 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Baseboard Heating
  • No HOA
  • Zoned Heating
  • Open Lot

About This Home

As of November 2022

1925 3 unit apartment building each with 2 bedrooms there is a detached 2 bay garage on .10 acre lot near the hospital. The property has been vacant since December 2021 when the owner passed away. Great potential investment and priced to sell fast. #2245

Last Agent to Sell the Property

Roger Whitehouse

Riverside Realty Listed on: 10/09/2022

Last Buyer's Agent

Sally Arsenault

Amnet Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 4,356 Sq Ft Lot
  • Open Lot
  • Lot Has A Rolling Slope

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 3,542 Sq Ft Home
  • Multi-Level Property

Flooring

  • Wood
  • Carpet
  • Vinyl

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Location

  • City Lot

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Exclusions: 0
  • Tax Lot 126
  • Assessor Parcel Number RUMF-000116-000000-000147

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Route 2 E or W to the bottom of Rumford Falls Hill Road and just before Morse Bridge turn up Franklin Street to property address on the left.
  • Above Grade Finished Sq Ft: 3542.0
  • Architectural Style: Multi-Level
  • Garage Yn: Yes
  • Year Built: 1925
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.1
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 3542.0
  • Property Information:Garage: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 3
  • Heat System:Multi-Zones: Yes
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Parking:Paved3: Yes
  • Property Information:Short Sale Continue to Show: No
  • Site:RollingSloping: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Washer/Dryer Other Location: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Flooring: Wood, Vinyl, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Open Lot, Rolling Slope, Sidewalks, Intown, Other
  • Waterfront: No
  • Exclusions: 0
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Paved, On Site, Detached

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Baseboard
  • 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: 4356.0
  • Parcel #: RUMF-000116-000000-000147
  • Zoning: none

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 2126.0
  • Tax Book Number: 1549
  • Tax Lot: 126
  • Tax Map Number: 128
  • Tax Year: 2022

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Singer J Michael $28,618
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2022 11/18/22 Sold $80,000 0.0% $23 / Sq Ft
10/17/2022 10/17/22 Pending -- -- --
10/09/2022 10/09/22 For Sale $80,000 -- $23 / 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 $2,202 $132,500 $13,300 $119,200
2023 $2,100 $94,700 $9,500 $85,200
2022 $2,100 $94,700 $9,500 $85,200
2021 $2,126 $94,700 $9,500 $85,200
2020 $2,140 $94,700 $9,500 $85,200
2019 $1,770 $58,028 $5,500 $52,528
2018 $1,726 $58,028 $5,500 $52,528
2017 $1,674 $58,028 $5,500 $52,528
2016 $1,625 $58,028 $5,500 $52,528
2015 $1,593 $58,028 $5,500 $52,528
2014 $1,564 $58,028 $5,500 $52,528
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1545416

Maine Listings

APN: RUMF-000116-000000-000147