NOT LISTED FOR SALE

358 Washburn St Caribou, ME 04736

Estimated Value: $142,000

-- Bed
8 Baths
2,537 Sq Ft
$56/Sq Ft Est. Value

Last Sold June 28, 2023

Last sale price $275,000 $108 Per Sq Ft

Est. 48% decrease in value since last sale

Current estimated payment $1,031/month

5 Days on Market

Highlights

  • 12.49 Acre Lot
  • Cottage
  • Lot Has A Rolling Slope
  • No HOA
  • Baseboard Heating

About This Home

As of June 2023

Wow! The possibilities are endless here. Seven rental units that are 12' x 24' and one family unit that is 24' x 24'. Each with a complete kitchen, bathroom, and living area. A commercial building with 1248 sq/ft. comes complete with office equipment. A pole barn, greenhouses that need TLC and a quonset hut. PLUS, there is 12.49 acres of land. Possibilities are truly endless plus you have income from the rentals. Start your own business now! Call Today!

Last Agent to Sell the Property

Mia Pangburn

Kieffer Real Estate Listed on: 05/05/2023

Last Buyer's Agent

Lehrle Kieffer

RE/MAX North Realty License #BR107818

RE/MAX North Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,088

Year Built

  • Built in 1976

Lot Details

  • 12.49 Acre Lot
  • Lot Has A Rolling Slope

Parking

  • Gravel Driveway

Home Design

  • Cottage
  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 8 Full Bathrooms
  • 2,537 Sq Ft Home
  • Laminate Flooring

Location

  • City Lot

Utilities

  • No Cooling
  • Baseboard Heating
  • Natural Gas Not Available
  • Private Water Source
  • Water Heated On Demand
  • Private Sewer

Listing and Financial Details

  • Tax Lot 045-J
  • Assessor Parcel Number CARI-000007-000000-000045-J000000

Community Details

Overview

  • No Home Owners Association
  • 8 Units

Building Details

  • Operating Expense $13,372
  • Gross Income $82,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,088

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 12.49
  • MLS Status: Closed
  • Directions: GPS Friendly
  • Above Grade Finished Sq Ft: 2537.0
  • Architectural Style: Cottage
  • Garage Yn: No
  • Year Built: 1976
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 12.49
  • Property Information:Total Baths: 8.0
  • Property Information:SqFt Finished Above Grade: 2537.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Baseboard: Yes
  • Cooling:None3: Yes
  • Electric:Circuit Breakers: Yes
  • Water Heater:On Demand: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Roof:Metal: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 8
  • Income Expenses Gross Income: 82800.0
  • Income Expenses Operating Expenses: 13372.4
  • Sewer:Private Sewer: Yes
  • Basement:Slab2: Yes
  • Style:Cottage: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:RollingSloping: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Not Applicable
  • Full Bathrooms: 8
  • Flooring: Laminate

Exterior Features

  • Lot Features: Rolling Slope, Intown
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Slab
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Parking Features: 21+ Spaces, Gravel

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Utilities: Utilities On
  • Water Source: Private

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 544064.4
  • Parcel #: CARI-000007-000000-000045-J000000
  • Zoning: Commercial

Multi Family

  • Number Of Units Total: 8
  • Annual Gross Income: 82800.0
  • Annual Operating Expense: 13372.4

Tax Info

  • Tax Annual Amount: 1.0
  • Tax Book Number: 5668
  • Tax Lot: 045-J
  • Tax Map Number: 007
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 15, 2017
Sold by
Corriveau David P and Corriveau Patty
Bought by
United Veterans Of Maine
Current Estimated Value
$142,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
4.02%
Mortgage Type
New Conventional
Source: Public Records

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
United Veterans Of Maine -- --
United Veterans Of Maine -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open United Veterans Of Me $325,000
Closed United Veterans Of Maine $164,000
Previous Owner Corriveau David P $155,615
Previous Owner Corriveau David P $35,000
Previous Owner Corriveau David P $150,000
Previous Owner Corriveau David P $75,000
Previous Owner Corriveau David P $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2023 06/28/23 Sold $275,000 +5.8% $108 / Sq Ft
05/10/2023 05/10/23 Pending -- -- --
05/05/2023 05/05/23 For Sale $260,000 -- $102 / 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 $3,088 $144,300 $58,500 $85,800
2023 $2,830 $144,300 $58,500 $85,800
2022 $0 $119,400 $50,900 $68,500
2021 $0 $119,400 $50,900 $68,500
2020 $0 $119,400 $50,900 $68,500
2019 $0 $119,400 $50,900 $68,500
2018 $2,830 $119,400 $50,900 $68,500
2017 $3,019 $126,300 $50,900 $75,400
2016 $2,892 $126,300 $50,900 $75,400
2015 $2,837 $126,300 $50,900 $75,400
2014 $2,816 $126,300 $50,900 $75,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1558088

Maine Listings

APN: CARI-000007-000000-000045-J000000