NOT LISTED FOR SALE

358 High St Belfast, ME 04915

Estimated Value: $338,000 - $405,342

4 Beds
2 Baths
1,645 Sq Ft
$229/Sq Ft Est. Value

Last Sold November 17, 2023

Last sale price $330,000 $201 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,369/month

7 Days on Market

Highlights

  • Nearby Water Access
  • Deck
  • No HOA
  • Public Beach
  • Wooded Lot
  • Porch

About This Home

As of November 2023

Welcome to your chance to own a piece of vibrant Belfast, Maine, a duplex, offering versatility for both investors and those seeking the perfect place to call home. Here are some of our favorite things: A Modern Duplex: This thoughtfully designed duplex boasts two separate, mirror-image units, each featuring 2 bedrooms and 1 bath, providing flexibility for investment income or multi-generational living.
New(er)* Construction: Built in 2004, both units offer the peace of mind and efficiency that comes with modern construction, ensuring lower maintenance for years to come. Prime Location: Nestled in the heart of coastal Belfast, Maine, this property places you just moments away from the enchanting downtown area, offering an array of shops, dining, cultural events, and breathtaking waterfront views. Enjoy the ease of strolling to the Belfast Harbor Walk, local parks, and the renowned Belfast Co-op. For investors, this duplex is a golden opportunity with its strong rental history in a highly sought-after coastal town, attracting tourists and long-term residents alike. Benefit from Belfast's robust rental market and capitalize on the property's potential for consistent income. For those considering owner occupancy, imagine enjoying the picturesque coastal lifestyle daily. Live in one unit and lease the other to help cover expenses or use it as a guest suite for visiting family and friends. Belfast, known for its warm, welcoming community and vibrant arts scene, offers a host of year-round festivals, farmers' markets, and cultural events. This is your chance to become a part of the Belfast story, where neighborly camaraderie thrives. Explore the stunning Maine coastline, take leisurely hikes in nearby state parks, or embark on a sailing adventure from the Belfast Harbor. Belfast boasts an excellent school system, healthcare facilities and a thriving local economy. Don't miss this extraordinary opportunity to invest or to make this your home sweet home.

Last Agent to Sell the Property

Monet Yarnell

Sell 207 Listed on: 10/04/2023

Last Buyer's Agent

Charles Brawn

RE/MAX JARET & COHN

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,595

Year Built

  • Built in 2004

Lot Details

  • 0.43 Acre Lot
  • Public Beach
  • Fenced
  • Level Lot
  • Wooded Lot

Parking

  • Gravel Driveway

Home Design

  • Duplex
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 1,645 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Laminate
  • Vinyl

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Crawl Space

Outdoor Features

  • Nearby Water Access
  • Deck
  • Outbuilding
  • Porch

Location

  • City Lot

Utilities

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

Listing and Financial Details

  • Tax Lot 032
  • Assessor Parcel Number BELF-000014-000000-000032-A000000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $7,500
  • Gross Income $31,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,595

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.43
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Head northwest on High St toward Main St. property will be on left off the street. Boat in the yard.
  • Above Grade Finished Sq Ft: 1645.0
  • Architectural Style: Duplex, Ranch
  • Garage Yn: No
  • Building Stories: 1
  • Year Built: 2004
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 197.57
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.43
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1645.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: 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
  • Amenities:Fence: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:One-Floor Living: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Roof:Composition2: Yes
  • Style:Ranch: Yes
  • Property Information:Number of Units: 2
  • Building Info:_pound_ Stories2: 1
  • Income Expenses Gross Income: 31200.0
  • Income Expenses Operating Expenses: 7500.0
  • Location:Near Public Beach: Yes
  • Basement:Crawl Space: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Style:Duplex: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Basement Entry:Exterior Only: Yes
  • Building Info:_pound_ Floors3: 1
  • Other Structures:Out Building: Yes
  • Advertising Remarks:Advertising Remarks: Welcome to your chance to own a piece of vibrant Belfast, Maine, a duplex, offering versatility for both investors and those seeking the perfect place to call home. Here are some of our favorite things: A Modern Duplex: This thoughtfully designed duplex boasts two separate, mirror-image units, each featuring 2 bedrooms and 1 bath, providing flexibility for investment income or multi-generational living. New(er)* Construction: Built in 2004, both units offer the peace of mind and efficiency that comes with modern construction, ensuring lower maintenance for years to come. Prime Location: Nestled in the heart of coastal Belfast, Maine, this property places you just moments away from the enchanting downtown area, offering an array of shops, dining, cultural events, and breathtaking waterfront views. Enjoy the ease of strolling to the Belfast Harbor Walk, local parks, and the renowned Belfast Co-op. For investors, this duplex is a golden opportunity with its strong rental history in a highly sought-after coastal town, attracting tourists and long-term residents alike. Benefit from Belfast's robust rental market and capitalize on the property's potential for consistent income. For those considering owner occupancy, imagine enjoying the picturesque coastal lifestyle daily. Live in one unit and lease the other to help cover expenses or use it as a guest suite for visiting family and friends. Belfast, known for its warm, welcoming community and vibrant arts scene, offers a host of year-round festivals, farmers' markets, and cultural events. This is your chance to become a part of the Belfast story, where neighborly camaraderie thrives. Explore the stunning Maine coastline, take leisurely hikes in nearby state parks, or embark on a sailing adventure from the Belfast Harbor. Belfast boasts an excellent school system, healthcare facilities and a thriving local economy. Don't miss this extraordinary opportunity to invest or to = make this your home sweet home.
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Has Basement: Crawl Space, Full, Exterior Entry, Bulkhead, Exterior Only, Unfinished
  • Full Bathrooms: 2
  • Flooring: Vinyl, Laminate, Carpet
  • Interior Amenities: 1st Floor Bedroom, One-Floor Living
  • Stories: 1
  • Full Basement: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Level, Wooded, Intown, Near Public Beach, Near Shopping, Near Town
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Porch
  • Roof: Composition, Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Gravel, Other

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level, Washer Hookup
  • 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: 18730.8
  • Parcel #: BELF-000014-000000-000032-A000000
  • Zoning: R

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 31200.0
  • Annual Operating Expense: 7500.0

Tax Info

  • Tax Annual Amount: 3595.0
  • Tax Lot: 032
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 23, 2024
Sold by
Nationstar Mortgage Llc
Bought by
Morrison Robert L
Current Estimated Value
$377,336

Purchase Details

Listed on
Oct 4, 2023
Closed on
Nov 17, 2023
Sold by
Cowles Neal
Bought by
Morrison Robert L
Seller's Agent
Monet Yarnell
Sell 207
Buyer's Agent
Charles Brawn
RE/MAX JARET & COHN
List Price
$325,000
Sold Price
$330,000
Premium/Discount to List
$5,000
1.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.76%

Purchase Details

Closed on
Mar 2, 2019
Sold by
High Street Props Llc
Bought by
Cowles Neal

Purchase Details

Listed on
Jun 16, 2016
Closed on
Nov 14, 2016
Sold by
Theresa G Blackadar Lt and Blackadar
Bought by
Cowles Abi and Cowles Neal
Seller's Agent
Charles Hunter
Belfast Maine Real Estate
Buyer's Agent
Ashley Messner
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$179,900
Sold Price
$169,000
Premium/Discount to List
-$10,900
-6.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.25%
Original Mortgage
$135,200
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2007
Sold by
Weed Jennifer and Aurora Loan Svcs
Bought by
Aurora Loan Svcs
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Morrison Robert L -- None Available
Morrison Robert L -- None Available
Morrison Robert L $330,000 None Available
Morrison Robert L $330,000 None Available
Cowles Neal -- --
Cowles Neal -- --
Cowles Abi -- --
Aurora Loan Svcs -- --
Cowles Abi -- --
Aurora Loan Svcs -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cowles Abi $135,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/17/2023 11/17/23 Sold $330,000 +1.5% $201 / Sq Ft
10/11/2023 10/11/23 Pending -- -- --
10/04/2023 10/04/23 For Sale $325,000 +92.3% $198 / Sq Ft
11/08/2016 11/08/16 Sold $169,000 -6.1% $103 / Sq Ft View Prior Sale
09/08/2016 09/08/16 Pending -- -- --
06/16/2016 06/16/16 For Sale $179,900 +211.5% $109 / Sq Ft
05/29/2015 05/29/15 Sold $57,750 +99469.0% -- View Prior Sale
10/08/2014 10/08/14 Pending -- -- --
10/08/2014 10/08/14 For Sale $58 -- --
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 $4,702 $305,300 $110,200 $195,100
2023 $3,542 $176,200 $41,800 $134,400
2022 $3,595 $168,000 $41,800 $126,200
2021 $3,696 $168,000 $41,800 $126,200
2020 $3,528 $151,400 $39,300 $112,100
2019 $3,075 $134,300 $23,600 $110,700
2018 $3,049 $134,300 $23,600 $110,700
2017 $2,941 $134,300 $23,600 $110,700
2016 $2,936 $128,200 $19,700 $108,500
2015 $2,699 $120,500 $19,700 $100,800
2014 $3,226 $149,000 $26,200 $122,800
2013 $3,099 $149,000 $26,200 $122,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1573148

Maine Listings

APN: BELF-000014-000000-000032-A000000