NOT LISTED FOR SALE

326 Hancock St Rumford, ME 04276

Estimated Value: $327,228 - $358,000

18 Beds
6.5 Baths
8,736 Sq Ft
$39/Sq Ft Est. Value

Last Sold September 20, 2021

Last sale price $240,000 $27 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,225/month

48 Days on Market

Highlights

  • Deck
  • Bathtub
  • Baseboard Heating
  • No HOA
  • Enclosed Glass Porch
  • Level Lot

About This Home

As of September 2021

This building has 6 very large apartments. 3-two bedrooms and 3-three bedrooms. Nice fenced in back yard. Wiring in the building was upgraded a few years ago. Long standing tenants. Positive cash flow. Call for income and expense records.

Last Agent to Sell the Property

Lynda Hebert

Hebert Realty Group Brokerage Email: info@hebertrealtygroup.com Listed on: 06/07/2021

Last Buyer's Agent

Glenn Garry

Meservier & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,172

Year Built

  • Built in 1906

Lot Details

  • 7,841 Sq Ft Lot
  • Level Lot
  • Open Lot

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Masonry

Interior Spaces

  • 8,736 Sq Ft Home
  • 3-Story Property

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • Bathtub
  • Shower Only

Unfinished Basement

  • Walk-Out Basement
  • Interior Basement Entry

Parking

  • Gravel Driveway
  • On-Site Parking

Outdoor Features

  • Deck
  • Enclosed Glass Porch

Location

  • City Lot

Utilities

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

Listing and Financial Details

  • Tax Lot 182
  • Assessor Parcel Number RUMF-000113-000000-000182

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Building Details

  • Operating Expense $18,912
  • Gross Income $49,368

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,172

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.18
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From traffic light on Lincoln Ave, turn left onto Hancock Street. Property is the second brick building on the right.
  • Above Grade Finished Sq Ft: 8736.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Building Stories: 3
  • Year Built: 1906
  • Attribution Contact: info@hebertrealtygroup.com
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.18
  • Property Information:Total Baths: 7.0
  • Property Information:SqFt Finished Above Grade: 8736.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Basement:Walkout Access: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 6
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 49368.0
  • Income Expenses Operating Expenses: 18912.0
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Amenities:Bathtub: Yes
  • Property Information:Short Sale Continue to Show: No
  • Driveway:Gravel: Yes
  • Property Information:Bank Owned REO: No
  • Exterior:Brick: Yes
  • Roof:Flat: Yes
  • Building Info:_pound_ Floors3: 3
  • Construction:Masonry: Yes
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Walk-Out Access, Interior Entry, Unfinished
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Flooring: Vinyl, Laminate, Carpet
  • Interior Amenities: Bathtub, Shower
  • Stories: 3

Exterior Features

  • Lot Features: Level, Open Lot, Sidewalks, Intown, Neighborhood
  • Waterfront: No
  • Construction Type: Brick, Masonry
  • Patio And Porch Features: Deck, Glass Enclosed
  • Roof: Flat
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Gravel, On Site

Utilities

  • 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: 7840.8
  • Parcel #: RUMF-000113-000000-000182
  • Zoning: none

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 49368.0
  • Annual Operating Expense: 18912.0

Tax Info

  • Tax Annual Amount: 4172.0
  • Tax Book Number: 5367
  • Tax Lot: 182
  • Tax Map Number: 113
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2021
Closed on
Sep 20, 2021
Sold by
Brettkelly Antony
Bought by
Digitalis Llc
Seller's Agent
Lynda Hebert
Hebert Realty Group
Buyer's Agent
Glenn Garry
Meservier & Associates
List Price
$249,000
Sold Price
$240,000
Premium/Discount to List
-$9,000
-3.61%
Current Estimated Value
$342,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,557
Avg. Annual Appreciation
9.55%
Original Mortgage
$192,000
Outstanding Balance
$176,975
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$165,582

Purchase Details

Listed on
May 18, 2017
Closed on
Sep 14, 2017
Sold by
Jolin Ida Est
Bought by
Brettkelly Antony
Seller's Agent
Matt Pingree
Hebert Realty Group
Buyer's Agent
Matt Pingree
Hebert Realty Group
List Price
$70,000
Sold Price
$65,000
Premium/Discount to List
-$5,000
-7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.17%
Original Mortgage
$80,000
Interest Rate
3.93%
Mortgage Type
New Conventional
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
Digitalis Llc -- None Available
Brettkelly Antony -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Digitalis Llc $192,000
Previous Owner Brettkelly Antony $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2021 09/20/21 Sold $240,000 -3.6% $27 / Sq Ft
07/26/2021 07/26/21 Pending -- -- --
06/07/2021 06/07/21 For Sale $249,000 +283.1% $29 / Sq Ft
09/08/2017 09/08/17 Sold $65,000 -7.1% $7 / Sq Ft
07/03/2017 07/03/17 Pending -- -- --
05/18/2017 05/18/17 For Sale $70,000 -- $8 / 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 $4,296 $258,500 $17,800 $240,700
2023 $4,094 $184,600 $12,700 $171,900
2022 $4,094 $184,600 $12,700 $171,900
2021 $4,144 $184,600 $12,700 $171,900
2020 $4,172 $184,600 $12,700 $171,900
2019 $3,571 $117,070 $3,500 $113,570
2018 $3,483 $117,070 $3,500 $113,570
2017 $3,377 $117,070 $3,500 $113,570
2016 $3,278 $117,070 $3,500 $113,570
2015 $3,214 $117,070 $3,500 $113,570
2014 $3,155 $117,070 $3,500 $113,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1495168

Maine Listings

APN: RUMF-000113-000000-000182