NOT LISTED FOR SALE

Estimated Value: $320,000 - $436,523

Studio
8 Baths
4,112 Sq Ft
$90/Sq Ft Est. Value

Sale Details

Date Sold: April 3, 2024

Last sale price $375,000 $91 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,239 / mo

110 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Level Entry For Accessibility
  • No HOA
  • Porch
  • Parking Storage or Cabinetry

About This Home

As of April 2024

Renovated 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.

Last Agent to Sell the Property

Renee Roy

Better Homes & Gardens Real Estate/The Masiello Group Listed on: 10/20/2023

Better Homes & Gardens Real Estate/The Masiello Group

Last Buyer's Agent

Renee Roy

Better Homes & Gardens Real Estate/The Masiello Group Listed on: 10/20/2023

Better Homes & Gardens Real Estate/The Masiello Group
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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
  • Property is near shops

Listing and Financial Details

  • Tax Lot 200
  • Assessor Parcel Number RUMF-000113-000000-000200

Community Details

Overview

  • No Home Owners Association
  • 8 Units

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $20,576
  • Gross Income $87,288

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,087

Year Built

Built in 1905

Lot Details

6,098 Sq Ft Lot

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.14
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Rt 108, turn right onto N Main St, Left onto River Rd aka Rt 2/17 which turns into Main St then Lincoln Ave, once you see Hannaford turn left on Waldo St, property on the Right
  • Above Grade Finished Sq Ft: 4112.0
  • Architectural Style: Multi-Level
  • Garage Yn: Yes
  • Building Stories: 3
  • Year Built: 1905
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 91.2
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.14
  • Property Information:Total Baths: 8.0
  • Property Information:SqFt Finished Above Grade: 4112.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: 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
  • Basement Entry:Walk-Out: Yes
  • Amenities:Fence: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Vehicle Storage:Detached: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 8
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 87288.0
  • Income Expenses Operating Expenses: 20576.0
  • Style:Multi-Level: Yes
  • Parking:Paved3: Yes
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Vehicle Storage:Storage Above: Yes
  • Accessibilitiy Amenities:Level Entry: Yes
  • Misc Amenities Sprinkler: Yes
  • Building Info:_pound_ Floors3: 4
  • Advertising Remarks:Advertising Remarks: Renovated 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 Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Accessibility Features: Level Entry
  • Has Basement: Walk-Out Access, Finished, Full
  • Full Bathrooms: 8
  • Fireplace: No
  • Flooring: Wood, Vinyl, Laminate, Carpet
  • Stories: 4
  • Full Basement: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Level, Open Lot, Sidewalks, Near Shopping, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Paved, Detached, Off Street, Storage

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6098.4
  • Parcel #: RUMF-000113-000000-000200
  • Zoning: None

Multi Family

  • Number Of Units Total: 8
  • Annual Gross Income: 87288.0
  • Annual Operating Expense: 20576.0

Tax Info

  • Tax Annual Amount: 2087.0
  • Tax Lot: 200
  • Tax Year: 2022

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2023
Closed on
Apr 3, 2024
Sold by
Bought by
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
$368,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,619
Avg. Annual Appreciation
-0.74%
Original Mortgage
$281,250
Outstanding Balance
$274,404
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$93,977

Purchase Details

Closed on
Jun 4, 2021
Sold by
Bought by

Purchase Details

Closed on
Jun 7, 2007
Sold by
Bought by

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
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$375,000 None Available
-- None Available
$1,001 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $281,250
Previous Owner $88,156
Closed $76,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $2,611 $139,400 $15,700 $123,700
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

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Map

Source: Maine Listings

MLS Number: 1575393

Maine Listings

APN: RUMF-000113-000000-000200

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