Seller's Agent in 2024
Renee Roy
Better Homes & Gardens Real Estate/The Masiello Group
(207) 212-3134
17 in this area
205 Total Sales
325 Waldo St Rumford, ME 04276
Estimated Value: $298,000 - $512,000
--
Bed
8
Baths
4,112
Sq Ft
$95/Sq Ft
Est. Value
Highlights
- Wood Flooring
- 2 Car Detached Garage
- Level Entry For Accessibility
- No HOA
- Porch
- Parking Storage or Cabinetry
About This Home
As of April 2024Renovated 6 Unit Now Expanded to an 8 Unit with 2 brand new units and a detached 2 car garage with a fenced in yard!
The building was emptied in 2022 except for one tenant who resides in the building currently...its a great opportunity to rent to whom you wish...there are 4-2 bedroom units, 3-1 bedroom units and 1 efficiency apartment.
The building offers a sprinkler system for the bottom 6 units, the garage needs some TLC but could easily create additional income or use as a place to store your supplies.
Investing in this property means more than just acquiring a prospering real estate asset. You'll be acquiring a valuable, turnkey investment opportunity that is sure to generate lucrative returns for years to come.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,087
Year Built
- Built in 1905
Lot Details
- 6,098 Sq Ft Lot
- Fenced
- Level Lot
- Open Lot
- Sprinkler System
Parking
- 2 Car Detached Garage
- Parking Storage or Cabinetry
- Driveway
- Off-Street Parking
Home Design
- Concrete Foundation
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 8 Full Bathrooms
- 4,112 Sq Ft Home
- 3-Story Property
- Fire Sprinkler System
Flooring
- Wood
- Carpet
- Laminate
- Vinyl
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Utilities
- No Cooling
- Heating System Uses Oil
- Baseboard Heating
- Hot Water Heating System
- Natural Gas Not Available
Additional Features
- Level Entry For Accessibility
- Porch
Listing and Financial Details
- Tax Lot 200
- Assessor Parcel Number RUMF-000113-000000-000200
Community Details
Overview
- No Home Owners Association
- 8 Units
Building Details
- Operating Expense $20,576
- Gross Income $87,288
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 20, 2023
Closed on
Apr 3, 2024
Sold by
Ray Corp
Bought by
Fontaine Prop Mgmt Llc
Seller's Agent
Renee Roy
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Renee Roy
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$375,000
Sold Price
$375,000
Views
6
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,127
Avg. Annual Appreciation
3.02%
Original Mortgage
$281,250
Outstanding Balance
$277,064
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$115,063
Purchase Details
Closed on
Jun 4, 2021
Sold by
Baillargeon Richard J and Baillargeon Theresa A
Bought by
Ray Corp
Purchase Details
Closed on
Jun 7, 2007
Sold by
Robichaud Peter A and Robichaud Becky M
Bought by
Baillargeon Richard J and Baillardgeon Theresa A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Fontaine Prop Mgmt Llc | $375,000 | None Available | |
| Ray Corp | -- | None Available | |
| Baillargeon Richard J | $1,001 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Fontaine Prop Mgmt Llc | $281,250 | |
| Previous Owner | Baillargeon Richard J | $76,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/03/2024 04/03/24 | Sold | $375,000 | 0.0% | $91 / Sq Ft |
| 02/07/2024 02/07/24 | Pending | -- | -- | -- |
| 01/13/2024 01/13/24 | Price Changed | $375,000 | 0.0% | $91 / Sq Ft |
| 01/13/2024 01/13/24 | For Sale | $375,000 | -6.3% | $91 / Sq Ft |
| 01/10/2024 01/10/24 | Off Market | $400,000 | -- | -- |
| 10/20/2023 10/20/23 | For Sale | $400,000 | -- | $97 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $2,317 | $139,400 | $15,700 | $123,700 |
| 2023 | $2,087 | $94,100 | $11,200 | $82,900 |
| 2022 | $2,087 | $94,100 | $11,200 | $82,900 |
| 2021 | $2,113 | $94,100 | $11,200 | $82,900 |
| 2020 | $2,127 | $94,100 | $11,200 | $82,900 |
| 2019 | $1,349 | $44,215 | $3,500 | $40,715 |
| 2018 | $1,315 | $44,215 | $3,500 | $40,715 |
| 2017 | $1,276 | $44,215 | $3,500 | $40,715 |
| 2016 | $1,238 | $44,215 | $3,500 | $40,715 |
| 2015 | $1,214 | $44,215 | $3,500 | $40,715 |
| 2014 | $1,192 | $44,215 | $3,500 | $40,715 |
Source: Public Records
Agents Affiliated with this Home
-
Renee Roy
-
Clayton Larochelle
Buyer Co-Listing Agent in 2024
Clayton Larochelle
Fontaine Family-The Real Estate Leader
(207) 576-6524
1 in this area
252 Total Sales
Map
Source: Maine Listings
MLS Number: 1575393
APN: RUMF-000113-000000-000200
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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