K
Seller's Agent in 2024
Kayli Morrow
NextHome Experience
(207) 573-7400
29 in this area
75 Total Sales
333 Penobscot Ave Millinocket, ME 04462
Estimated Value: $85,000 - $124,000
--
Bed
2
Baths
1,464
Sq Ft
$70/Sq Ft
Est. Value
Highlights
- Corner Lot
- Porch
- Landscaped
- No HOA
- Zoned Heating
- Baseboard Heating
About This Home
As of December 2024SELLERS ARE OFFERING A GENEROUS SELLERS CREDIT TOWARDS BUYER CLOSING EXPENSES FOR ALL AGEED UPON OFFERS PRIOR TO NOVEMBER 1.
BACK ON MARKET DUE TO BUYERS FAILED FINANCING- AT NO FAULT OF THE SELLER
Do not miss this instant equity & instant cashflow opportunity at the foot Baxter. This turn-key duplex is conveniently located near downtown Millinocket. Both units are fully rented at market rents with flawless payment history. The building appraised at almost 15% over ask price less than a year ago.
The boiler in the unit has been serviced annually. Both apartments are two bedrooms, one bath with an expandable space that could be converted into a studio. Although the property has been well maintained, there is plenty of opportunity for value adds.
Schedule a showing today as the seller will take it off the market in November if it does not reach a contract.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,021
Year Built
- Built in 1902
Lot Details
- 6,098 Sq Ft Lot
- Landscaped
- Corner Lot
Home Design
- Wood Frame Construction
- Shingle Roof
- Asbestos Siding
- Shingle Siding
- Asbestos
Interior Spaces
- 2 Full Bathrooms
- 1,464 Sq Ft Home
- Multi-Level Property
- Washer and Dryer Hookup
Flooring
- Carpet
- Vinyl
Unfinished Basement
- Partial Basement
- Interior Basement Entry
Parking
- Common or Shared Parking
- Gravel Driveway
- Shared Driveway
Utilities
- No Cooling
- Zoned Heating
- Heating System Uses Oil
- Baseboard Heating
- Hot Water Heating System
- Natural Gas Not Available
Additional Features
- Porch
- City Lot
Listing and Financial Details
- Legal Lot and Block 082 / U03
- Assessor Parcel Number MLNK-000003-000000-000082U
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Operating Expense $9,309
- Gross Income $19,500
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 18, 2024
Closed on
Dec 6, 2024
Sold by
Tpdv Investments Llc
Bought by
Bassignani Nathan
Seller's Agent
Kayli Morrow
NextHome Experience
Buyer's Agent
Aimi Baldwin
ERA Dawson-Bradford Co.
List Price
$120,000
Sold Price
$92,850
Premium/Discount to List
-$27,150
-22.62%
Views
54
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
$10,202
Avg. Annual Appreciation
10.99%
Original Mortgage
$69,637
Outstanding Balance
$68,931
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$34,121
Purchase Details
Listed on
Dec 7, 2016
Closed on
Jul 6, 2018
Sold by
Hansen Paul R and Coogan Kathleen M
Bought by
Tpdv Investments Llc
Seller's Agent
Kathy Coogan
Two Rivers Realty, LLC
Buyer's Agent
Violet Dube
Acres Away, Inc.
List Price
$49,900
Sold Price
$42,500
Premium/Discount to List
-$7,400
-14.83%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.90%
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 |
|---|---|---|---|
| Bassignani Nathan | $92,850 | None Available | |
| Bassignani Nathan | $92,850 | None Available | |
| Tpdv Investments Llc | -- | -- | |
| Tpdv Investments Llc | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bassignani Nathan | $69,637 | |
| Closed | Bassignani Nathan | $69,637 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/06/2024 12/06/24 | Sold | $92,850 | -15.0% | $63 / Sq Ft | |
| 10/31/2024 10/31/24 | Pending | -- | -- | -- | |
| 10/21/2024 10/21/24 | Price Changed | $109,250 | -0.2% | $75 / Sq Ft | |
| 10/07/2024 10/07/24 | Price Changed | $109,500 | -0.5% | $75 / Sq Ft | |
| 08/07/2024 08/07/24 | Price Changed | $110,000 | -8.3% | $75 / Sq Ft | |
| 05/18/2024 05/18/24 | For Sale | $120,000 | +182.4% | $82 / Sq Ft | |
| 11/05/2022 11/05/22 | Off Market | $42,500 | -- | -- | |
| 06/29/2018 06/29/18 | Sold | $42,500 | -14.8% | $29 / Sq Ft | View Prior Sale |
| 05/25/2018 05/25/18 | Pending | -- | -- | -- | |
| 12/07/2016 12/07/16 | For Sale | $49,900 | -- | $34 / 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 |
|---|---|---|---|---|
| 2025 | $1,254 | $54,500 | $7,500 | $47,000 |
| 2024 | $1,223 | $44,300 | $3,800 | $40,500 |
| 2023 | $1,021 | $36,200 | $3,800 | $32,400 |
| 2022 | $959 | $32,500 | $3,800 | $28,700 |
| 2021 | $972 | $29,900 | $3,800 | $26,100 |
| 2020 | $966 | $28,400 | $3,800 | $24,600 |
| 2019 | $937 | $28,400 | $3,800 | $24,600 |
| 2018 | $923 | $28,400 | $3,800 | $24,600 |
| 2017 | $917 | $28,400 | $3,800 | $24,600 |
| 2016 | $889 | $28,400 | $3,800 | $24,600 |
| 2015 | $842 | $28,400 | $3,800 | $24,600 |
| 2014 | $841 | $28,400 | $3,800 | $24,600 |
Source: Public Records
Agents Affiliated with this Home
-
Kayli Morrow
-
Aimi Baldwin
Buyer's Agent in 2024
Aimi Baldwin
ERA Dawson-Bradford Co.
(207) 266-7021
1 in this area
180 Total Sales
-
Kathy Coogan
Seller's Agent in 2018
Kathy Coogan
Two Rivers Realty, LLC
(207) 632-5246
94 Total Sales
-
Violet Dube
Buyer's Agent in 2018
Violet Dube
Acres Away, Inc.
(207) 432-1652
1 in this area
102 Total Sales
Map
Source: Maine Listings
MLS Number: 1590128
APN: MLNK-000003-000000-000082U
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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