$200,000
SOLD SEP 23, 2024

319 Knox St Rumford, ME 04276

-- Bed
3 Baths
2,470 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$81 Per Sq Ft

1% Above List Price

51 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Level Lot
  • No HOA
  • Baseboard Heating

About This Home

As of September 2024

Spacious three units available for individual sale or as part of a larger portfolio. This 2,400 square foot building includes a total of 5 bedrooms and 3 bathrooms. Additional features include laundry hookups, and a detached garage for additional storage. Conveniently located near the hospital, grocery store, and other amenities, this property presents a profitable investment opportunity.
Total portfolio: 205 Spruce St., 315 Knox St., 319 Knox St.,317 Franklin St., 321 Franklin St., 77 Granite Street, Mexico.

Last Agent to Sell the Property

Michelle Gosselin

Home At Last Realty

Last Buyer's Agent

David Foster

Fontaine Family-The Real Estate Leader

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,810

Year Built

  • Built in 1920

Lot Details

  • 5,663 Sq Ft Lot
  • Level Lot
  • Open Lot

Home Design

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

Interior Spaces

  • 3 Full Bathrooms
  • 2,470 Sq Ft Home
  • Multi-Level Property

Flooring

  • Wood
  • Carpet
  • Vinyl

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Utilities

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

Additional Features

  • Porch
  • City Lot

Listing and Financial Details

  • Tax Lot 136
  • Assessor Parcel Number RUMF-000116-000000-000136

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $14,831
  • Gross Income $26,640

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,810

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.13
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: GPS Friendly. Sign at property.
  • Above Grade Finished Sq Ft: 2470.0
  • Architectural Style: Other
  • Garage Yn: No
  • Unit Levels: Multi-Level
  • Year Built: 1920
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.13
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2470.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: 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
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Exterior:Vinyl Siding: Yes
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 3
  • Income Expenses Gross Income: 26640.0
  • Income Expenses Operating Expenses: 14831.0
  • Roof:Pitched: Yes
  • Site:RollingSloping: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Other Equipment: Internet Access Available
  • Has Basement: Walk-Out Access, Full, Unfinished
  • Full Bathrooms: 3
  • Flooring: Wood, Vinyl, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Rolling/Sloping, Open, Level, Sidewalks, Intown, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Patio And Porch Features: Porch
  • Roof: Pitched, Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved, Off Street

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5662.8
  • Parcel #: RUMF-000116-000000-000136
  • Zoning: Residential

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 26640.0
  • Annual Operating Expense: 14831.0

Tax Info

  • Tax Annual Amount: 1810.0
  • Tax Book Number: 5298
  • Tax Lot: 136
  • Tax Map Number: 116
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2024
Closed on
Sep 23, 2024
Sold by
Frisbie Kevin D and Frisbie Erika
Bought by
Kilbourn Veronica S
Seller's Agent
Michelle Gosselin
Home At Last Realty
Buyer's Agent
David Foster
Fontaine Family-The Real Estate Leader
List Price
$199,000
Sold Price
$200,000
Premium/Discount to List
$1,000
0.5%
Total Days on Market
51
Views
4
Current Estimated Value
$191,019

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,981
Avg. Annual Appreciation
-3.77%
Original Mortgage
$190,000
Outstanding Balance
$188,949
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$5,893

Purchase Details

Closed on
Aug 15, 2016
Sold by
Geronda Linnell M and Ouellette Jeri L
Bought by
Frisbie Kevin D and Frisbie Erika

Map

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 Type Sale Price Title Company
Warranty Deed $200,000 None Available
Warranty Deed $200,000 None Available
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $190,000 Purchase Money Mortgage
Closed $190,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2024 09/23/24 Sold $200,000 +0.5% $81 / Sq Ft
08/19/2024 08/19/24 Pending -- -- --
08/05/2024 08/05/24 For Sale $199,000 0.0% $81 / Sq Ft
07/18/2024 07/18/24 Pending -- -- --
06/28/2024 06/28/24 For Sale $199,000 -- $81 / Sq Ft
Source: Maine Listings

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 $1,900 $114,300 $15,700 $98,600
2023 $1,810 $81,600 $11,200 $70,400
2022 $1,810 $81,600 $11,200 $70,400
2021 $1,832 $81,600 $11,200 $70,400
2020 $1,844 $81,600 $11,200 $70,400
2019 $1,586 $52,000 $5,500 $46,500
2018 $1,547 $52,000 $5,500 $46,500
2017 $1,500 $52,000 $5,500 $46,500
2016 $1,456 $52,000 $5,500 $46,500
2015 $1,427 $52,000 $5,500 $46,500
2014 $1,401 $52,000 $5,500 $46,500
Source: Public Records

Source: Maine Listings

MLS Number: 1595086

Maine Listings

APN: RUMF-000116-000000-000136