NOT LISTED FOR SALE

34 Main St Oakland, ME 04963

Estimated Value: $189,214

10 Beds
8 Baths
2,028 Sq Ft
$93/Sq Ft Est. Value

Sale Details

Date Sold: December 15, 2023

Last sale price $275,000 $136 Per Sq Ft

Est. 31% decrease in value since last sale

Current estimated payment $1,256 / mo

4 Days on Market

Highlights

  • Nearby Water Access
  • Property is near public transit
  • Hot Water Heating System
  • Colonial Architecture
  • No HOA
  • Level Lot

About This Home

As of December 2023

A rare opportunity! Located in the heart of quaint Oakland. And talk about location! This building is situated near many shops, stores, restaurants and the library. The 8-unit apartment house offers one 2-bedroom unit and seven 1-bedroom units. What a great investment! Lots of off-street parking. On site manager is willing to stay on with new owner

Last Agent to Sell the Property

Jill Mayhew

ERA Dawson-Bradford Co. Listed on: 09/25/2023

Last Buyer's Agent

Cynthia Quimby

RE/MAX Infinity License #BR918228

RE/MAX Infinity

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,575

Year Built

  • Built in 1900

Lot Details

  • 21,344 Sq Ft Lot
  • Level Lot

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 8 Full Bathrooms
  • 2,028 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Vinyl

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Nearby Water Access
  • River Nearby

Location

  • Property is near public transit
  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Hot Water Heating System
  • Private Sewer

Listing and Financial Details

  • Tax Lot 114
  • Assessor Parcel Number OAKL-000015-000000-000114

Community Details

Overview

  • No Home Owners Association
  • 8 Units

Pet Policy

  • Limit on the number of pets

Building Details

  • Operating Expense $19,188
  • Gross Income $29,147

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,575

Year Built

Built in 1900

Lot Details

0.49 Acres

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.49
  • MLS Status: Closed
  • Directions: At Exit 127, head right on the ramp for ME-11 ME-137 toward Belgrade / KENNEDY DR / Oakland. Turn right onto Me-11 / ME-137 / Kennedy Memorial Dr toward Belgrade / KENNEDY DR / Oakland. Turn left onto ME-23 / Me-11 / ME-137 / Main St. Arrive at 34 Main.
  • Above Grade Finished Sq Ft: 2028.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 145.46
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.49
  • Property Information:Total Baths: 8.0
  • Property Information:SqFt Finished Above Grade: 2028.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Amenities:Laundry - Hookup: Yes
  • Roof:Metal: Yes
  • Property Information:Number of Units: 8
  • Foundation Materials:Stone: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 29147.0
  • Income Expenses Operating Expenses: 19188.0
  • Parking:On Site2: Yes
  • Style:Colonial: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Parking:Paved3: Yes
  • Recreational Water:Nearby: Yes
  • Recreational Water:RiverBrookStream: Yes
  • Basement Entry:Exterior Only: Yes
  • Transportation:Public Transport Access: Yes
  • Building Info:_pound_ Floors3: 2
  • Advertising Remarks:Advertising Remarks: A rare opportunity! Located in the heart of quaint Oakland. And talk about location! This building is situated near many shops, stores, restaurants and the library. The 8-unit apartment house offers one 2-bedroom unit and seven 1-bedroom units. What a great investment! Lots of off-street parking. On site manager is willing to stay on with new owner
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full, Exterior Entry, Bulkhead, Interior Entry, Exterior Only
  • Full Bathrooms: 8
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Sidewalks, Intown, Near Public Transit
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Stone
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Paved, On Site, Off Street

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: 2 Pets

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 21344.4
  • Parcel #: OAKL-000015-000000-000114
  • Zoning: None

Multi Family

  • Number Of Units Total: 8
  • Annual Gross Income: 29147.0
  • Annual Operating Expense: 19188.0

Tax Info

  • Tax Annual Amount: 2574.72
  • Tax Lot: 114
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2023
Closed on
Dec 15, 2023
Sold by
Mwgw Property Llc
Bought by
Ap Properties Llc
Seller's Agent
Jill Mayhew
ERA Dawson-Bradford Co.
Buyer's Agent
Cynthia Quimby
RE/MAX Infinity
List Price
$295,000
Sold Price
$275,000
Premium/Discount to List
-$20,000
-6.78%
Current Estimated Value
$189,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$85,786
Original Mortgage
$300,000
Outstanding Balance
$294,511
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jul 20, 2016
Closed on
Dec 16, 2016
Sold by
200 Elm Realty Llc
Bought by
Mwgw Property Llc
Seller's Agent
Bruce Holmes
Century 21 Venture Ltd.
Buyer's Agent
Jill Mayhew
Adams Real Estate
List Price
$129,900
Sold Price
$112,000
Premium/Discount to List
-$17,900
-13.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.69%
Source: Public Records
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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
Ap Properties Llc $275,000 None Available
Mwgw Property Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ap Properties Llc $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/15/2023 12/15/23 Sold $275,000 -6.8% $136 / Sq Ft
09/29/2023 09/29/23 Pending -- -- --
09/25/2023 09/25/23 For Sale $295,000 +163.4% $145 / Sq Ft
12/15/2016 12/15/16 Sold $112,000 -13.8% $27 / Sq Ft View Prior Sale
10/24/2016 10/24/16 Pending -- -- --
07/20/2016 07/20/16 For Sale $129,900 -- $31 / Sq Ft
Source: Maine Listings

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 $2,955 $202,100 $22,900 $179,200
2023 $2,575 $178,800 $22,900 $155,900
2022 $2,592 $150,700 $20,800 $129,900
2021 $2,471 $150,700 $20,800 $129,900
2020 $2,471 $150,700 $20,800 $129,900
2019 $2,471 $150,700 $20,800 $129,900
2018 $2,471 $150,700 $20,800 $129,900
2017 $2,471 $150,700 $20,800 $129,900
2016 $2,336 $150,700 $20,800 $129,900
2015 $2,276 $150,700 $20,800 $129,900
2013 $2,080 $150,700 $20,800 $129,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1571681

Maine Listings

APN: OAKL-000015-000000-000114

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