NOT LISTED FOR SALE

344 Main St Bingham, ME 04920

Estimated Value: $90,492 - $92,000

Studio
3.5 Baths
3,480 Sq Ft
$26/Sq Ft Est. Value

Last Sold April 21, 2023

Last sale price $74,000 $21 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $555/month

62 Days on Market

Highlights

  • Colonial Architecture
  • Double Pane Windows
  • Baseboard Heating
  • No HOA
  • Zoned Heating
  • Coin Laundry

About This Home

As of April 2023

Investors take notice. Nice 4 unit with 3 residential units and one commercial space with great exposure on Main St. Walkout basement with coin-op laundry. Building features metal roof, vinyl siding, and many vinyl replacement windows and 30 inches of blown in insulation.

Last Agent to Sell the Property

Shonne Wright

ERA Dawson-Bradford Co. Listed on: 01/20/2023

Last Buyer's Agent

Heather White

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,206

Year Built

  • Built in 1900

Lot Details

  • 2,178 Sq Ft Lot
  • Open Lot

Home Design

  • Colonial Architecture
  • New Englander Architecture
  • Concrete Foundation
  • Block Foundation
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3-Story Property
  • Double Pane Windows

Flooring

  • Carpet
  • Laminate
  • Vinyl

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

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

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Kerosene
  • Heating System Uses Oil
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Electric Water Heater
  • Internet Available

Additional Features

  • Doors are 32 inches wide or more
  • City Lot

Listing and Financial Details

  • Tax Lot 66
  • Assessor Parcel Number BING-000005-000000-000066

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Coin Laundry

Building Details

  • Operating Expense $16,300
  • Gross Income $29,375

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,206

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.05
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: GPS Friendly
  • Above Grade Finished Sq Ft: 2784.0
  • Architectural Style: Colonial, New Englander, Other Style
  • Garage Yn: No
  • Efficiency: Double Pane Windows
  • Building Stories: 3
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 31.07
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.05
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 2784.0
  • Property Information:SqFt Finished Below Grade: 696.0
  • Property Information:Garage: No
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • 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
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Walk-Out: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Roof:Metal: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 4
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 29375.0
  • Income Expenses Operating Expenses: 16300.0
  • Foundation Materials:Block3: Yes
  • Exterior:Wood Siding: Yes
  • Style:Colonial: Yes
  • Heat Fuel:K-1Kerosene: Yes
  • Equipment:Internet Access Available: Yes
  • Property Information:Deed Restrictions: Unknown
  • Energy Efficiency:Double Pane Windows: Yes
  • Heat System:Direct Vent Heater: Yes
  • Style:New Englander: Yes
  • Parking:On Street: Yes
  • Building Info:_pound_ Floors3: 3
  • Amenities:Laundry - Coin: Yes
  • Advertising Remarks:Advertising Remarks: Investors take notice. Nice 4 unit with 3 residential units and one commercial space with great exposure on Main St. Walkout basement with coin-op laundry. Building features metal roof, vinyl siding, and many vinyl replacement windows and 30 inches of blown in insulation.
  • Property Information 2 Detached Houses on 1 Lot: No
  • Accessibilitiy Amenities 32 - 36 Inch Doors: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Other Equipment: Internet Access Available
  • Accessibility Features: 32 - 36 Inch Doors
  • Has Basement: Walk-Out Access, Full
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Below Grade Sq Ft: 696.0
  • Fireplace: No
  • Flooring: Vinyl, Laminate, Carpet
  • Stories: 3
  • Full Basement: Yes

Exterior Features

  • Lot Features: Open Lot, Intown
  • Waterfront: No
  • Construction Type: Wood Siding, Vinyl Siding, Wood Frame
  • Foundation Details: Block, Concrete Perimeter
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved, Off Street, On Street

Utilities

  • Laundry Features: Laundry - Coin
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Direct Vent Heater, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2178.0
  • Parcel #: BING-000005-000000-000066
  • Zoning: none

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 29375.0
  • Annual Operating Expense: 16300.0

Tax Info

  • Tax Annual Amount: 1206.0
  • Tax Lot: 66
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2023
Closed on
Apr 28, 2023
Sold by
Thompson Peter F
Bought by
Konopka Daniel E
Seller's Agent
Shonne Wright
ERA Dawson-Bradford Co.
Buyer's Agent
Heather White
Keller Williams Realty
List Price
$88,500
Sold Price
$74,000
Premium/Discount to List
-$14,500
-16.38%
Current Estimated Value
$91,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,246
Avg. Annual Appreciation
7.98%
Original Mortgage
$85,000
Outstanding Balance
$82,726
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$8,520

Purchase Details

Listed on
Jan 20, 2023
Closed on
Apr 19, 2023
Sold by
Stylianos Investments Llc
Bought by
Thompson Peter F
Seller's Agent
Shonne Wright
ERA Dawson-Bradford Co.
Buyer's Agent
Heather White
Keller Williams Realty
List Price
$88,500
Sold Price
$74,000
Premium/Discount to List
-$14,500
-16.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Outstanding Balance
$82,726
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$8,520
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Konopka Daniel E -- None Available
Thompson Peter F $74,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Konopka Daniel E $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/21/2023 04/21/23 Sold $74,000 -16.4% $21 / Sq Ft
03/23/2023 03/23/23 Pending -- -- --
01/20/2023 01/20/23 For Sale $88,500 +83.6% $25 / Sq Ft
08/31/2020 08/31/20 Sold $48,211 -18.3% $14 / Sq Ft View Prior Sale
07/20/2020 07/20/20 Pending -- -- --
01/18/2018 01/18/18 For Sale $59,000 -- $17 / 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 $935 $88,230 $11,520 $76,710
2021 $1,206 $69,290 $5,000 $64,290
2020 $1,199 $69,290 $5,000 $64,290
2019 $1,129 $69,290 $5,000 $64,290
2018 $1,129 $69,290 $5,000 $64,290
2017 $1,109 $69,290 $5,000 $64,290
2016 $1,213 $69,290 $5,000 $64,290
2015 $1,427 $69,290 $5,000 $64,290
2014 $1,455 $69,290 $5,000 $64,290
2013 $1,400 $69,290 $5,000 $64,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1551219

Maine Listings

APN: BING-000005-000000-000066