NOT LISTED FOR SALE

Estimated Value: $835,178

4 Beds
4 Baths
3,659 Sq Ft
$228/Sq Ft Est. Value

Last Sold August 31, 2021

Last sale price $734,000 $201 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $5,293/month

8 Days on Market

Highlights

  • Nearby Water Access
  • Scenic Views
  • Cape Cod Architecture
  • Public Beach
  • 3.03 Acre Lot
  • Deck

About This Home

As of August 2021

A South Eliot hidden gem! Nestled on 3 wooded acres with its own pretty flowing fishpond, sits this big cape with 4 plus bedrooms and 2 baths and a 3-car garage on a private road. A HUGE BONUS is the 2 separate apartments producing $1920 monthly income. One apartment is above the detached 3-car garage. The other apartment is attached to the house with a separate entrance. The main house has been rented at $1700 per month. You can live in the house or one of the apartments or rent all three. Only minutes to I95 highway, Portsmouth Naval Shipyard, and downtown Portsmouth. Walking distance to the Eliot boat launch and Dead Duck park. Notice required to accommodate the tenants.

Last Listed By

Alan Newson

Century 21 North East Listed on: 06/21/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,306

Year Built

  • Built in 1987

Lot Details

  • 3.03 Acre Lot
  • Property fronts a private road
  • Dirt Road
  • Public Beach
  • Cul-De-Sac
  • Rural Setting
  • Landscaped
  • Interior Lot
  • Level Lot

Parking

  • 3 Car Detached Garage
  • Gravel Driveway

Property Views

  • Scenic Vista
  • Woods

Home Design

  • 3,659 Sq Ft Home
  • Cape Cod Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • In-Law or Guest Suite
  • 4 Full Bathrooms
  • Bathtub

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Unfinished Basement

  • Partial Basement
  • Interior and Exterior Basement Entry
  • Sump Pump

Outdoor Features

  • Nearby Water Access
  • Deck
  • Outbuilding

Location

  • City Lot

Utilities

  • Whole House Fan
  • Forced Air Heating System
  • Heating System Uses Kerosene
  • Heating System Uses Oil
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater

Additional Features

  • Attic

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number ELIO-000006-000079

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • The community has rules related to deed restrictions

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $5,612
  • Gross Income $43,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,306

Year Built

Built in 1987

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 3.03
  • Road Frontage Type: Private
  • Road Surface Type: Gravel
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 3659.0
  • Architectural Style: Cape, Other Style
  • Garage Yn: Yes
  • Year Built: 1987
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 3.03
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 3659.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 3.0
  • Roads:Private: Yes
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Basement:Partial: Yes
  • Roof:Composition2: Yes
  • Property Information:Number of Units: 3
  • Income Expenses Gross Income: 43500.0
  • Income Expenses Operating Expenses: 5612.0
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Amenities:Attic: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Heat Fuel:K-1Kerosene: Yes
  • Location:Rural: Yes
  • Driveway:Gravel: Yes
  • View:TreesWoods: Yes
  • Site:RollingSloping: Yes
  • Property Information:Deed Restrictions: Yes
  • Property Information:Bank Owned REO: No
  • View:Scenic: Yes
  • Heat System:Direct Vent Heater: Yes
  • Basement:Sump Pump: Yes
  • Amenities:In-Law Apartment: Yes
  • Washer/Dryer Other Location: Yes
  • Site:Cul-De-Sac: Yes
  • Sewer:Quasi-Public: Yes
  • Green Features:Whole House Fan: Yes
  • Other Structures:Out Building: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Bulkhead, Partial, Sump Pump, Exterior Entry, Interior Entry, Unfinished
  • Full Bathrooms: 4
  • Flooring: Wood, Vinyl, Tile, Carpet
  • Interior Amenities: 1st Floor Bedroom, Attic, Bathtub, In-Law Floorplan, Other, Storage

Exterior Features

  • Lot Features: Cul-De-Sac, Level, Right of Way, Rolling Slope, Landscaped, Interior Lot, Intown, Near Public Beach, Near Town, Neighborhood, Other, Rural, Subdivided
  • View: Trees/Woods, Scenic
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck
  • Roof: Composition
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: 5 - 10 Spaces, Gravel, On Site, Detached

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Direct Vent Heater, Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Quasi-Public
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 131986.8
  • Parcel #: ELIO-000006-000079
  • Zoning: Village

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 43500.0
  • Annual Operating Expense: 5612.0

Tax Info

  • Tax Annual Amount: 6306.0
  • Tax Book Number: 14096
  • Tax Lot: 1
  • Tax Map Number: 6
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2021
Closed on
Aug 31, 2021
Sold by
Kearney Timothy
Bought by
Kresta Ivo and Malsbenden Karen
Seller's Agent
Alan Newson
Century 21 North East
Buyer's Agent
Mark Zoeller
RE/MAX Realty Centre
List Price
$739,000
Sold Price
$734,000
Premium/Discount to List
-$5,000
-0.68%
Total Days on Market
8
Current Estimated Value
$835,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,178
Avg. Annual Appreciation
3.54%
Original Mortgage
$587,200
Outstanding Balance
$538,209
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$296,152

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
Kresta Ivo -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kresta Ivo $587,200
Previous Owner Kearney Timothy $197,550
Previous Owner Kearney Timothy $107,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2021 08/31/21 Sold $734,000 -0.7% $201 / Sq Ft
06/30/2021 06/30/21 Pending -- -- --
06/21/2021 06/21/21 For Sale $739,000 -- $202 / 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 $7,958 $671,600 $184,100 $487,500
2023 $7,879 $643,200 $176,400 $466,800
2022 $7,779 $642,900 $176,400 $466,500
2021 $6,271 $464,500 $134,800 $329,700
2020 $6,306 $429,000 $130,000 $299,000
2019 $6,306 $429,000 $130,000 $299,000
2018 $6,306 $429,000 $130,000 $299,000
2017 $6,135 $429,000 $130,000 $299,000
2016 $6,027 $429,000 $130,000 $299,000
2015 $6,006 $429,000 $130,000 $299,000
2014 $5,920 $429,000 $130,000 $299,000
2013 $5,650 $429,000 $130,000 $299,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1497341

Maine Listings

APN: ELIO-000006-000079