NOT LISTED FOR SALE

Estimated Value: $232,469 - $296,000

3 Beds
2 Baths
1,637 Sq Ft
$164/Sq Ft Est. Value

Last Sold June 24, 2024

Last sale price $253,000 $155 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,650/month

3 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Corner Lot
  • Abraham Lincoln School Rated 10
  • Property is near public transit
  • No HOA

About This Home

As of June 2024

Great in-town 2 unit property featuring a 2 bedroom 1 bath on the main level and a 3 bedroom 2 bath on the 2nd and 3rd level. The 2 bedroom is leased thought June of 2025 and the 3 bedroom unit is currently vacant and was previously getting $1,6,50/mo., heat, HW, and electric included. Property would make a great owner occupy or add to your investment portfolio. Property is blanketed by a metal roof and vinyl siding and is heated with efficient natural gas. For a bonus, the property also has a 1 car garage and sits on a corner lot. Conveniently located just minutes from the hospital, schools, restaurants, and shopping. Don't let this one pass you by.

Last Agent to Sell the Property

Shonne Wright

ERA Dawson-Bradford Co. Listed on: 05/03/2024

Last Buyer's Agent

Susan Roberts

Realty of Maine

Realty of Maine

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,827

Year Built

  • Built in 1900

Lot Details

  • 5,663 Sq Ft Lot
  • Corner Lot
  • Level Lot
  • Open Lot

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • New Englander Architecture
  • Brick Foundation
  • Concrete Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Metal Roof
  • Wood Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,637 Sq Ft Home
  • 3-Story Property
  • Laundry on upper level

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Full Bathrooms
  • Bathtub

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Brick Basement
  • Interior Basement Entry

Outdoor Features

  • Deck

Location

  • Property is near public transit
  • City Lot

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Gas Water Heater
  • Water Heated On Demand

Listing and Financial Details

  • Tax Lot 89
  • Assessor Parcel Number BANG-000055-000000-000089

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $11,805
  • Gross Income $31,560

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,827

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.13
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: GPS Friendly- Property is on the corner of Hancock St and Merrimac St. - Enter driveway from Hancock St.
  • Above Grade Finished Sq Ft: 1637.0
  • Architectural Style: Colonial, Multi-Level, New Englander
  • Garage Yn: Yes
  • Building Stories: 3
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 149.66
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.13
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1637.0
  • Property Information:Garage: Yes
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Gas: Yes
  • Water Heater:On Demand: Yes
  • Property Information:Garage Spaces: 1.0
  • Exterior:Vinyl Siding: Yes
  • Gas:Natural - On Site: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Roof:Metal: Yes
  • Heat Fuel:Gas Natural: Yes
  • Water Heater:Tankless: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:BrickMortar2: Yes
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 31560.0
  • Income Expenses Operating Expenses: 11805.0
  • Style:Multi-Level: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Style:Colonial: Yes
  • Roof:Pitched: Yes
  • Property Information:Short Sale Continue to Show: No
  • Basement:BrickMortar: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Style:New Englander: Yes
  • Transportation:Public Transport Access: Yes
  • Building Info:_pound_ Floors3: 3
  • Advertising Remarks:Advertising Remarks: Great in-town 2 unit property featuring a 2 bedroom 1 bath on the main level and a 3 bedroom 2 bath on the 2nd and 3rd level. The 2 bedroom is leased thought June of 2025 and the 3 bedroom unit is currently vacant and was previously getting $1,800/mo., heat included. Property would make a great owner occupy or add to your investment portfolio. Property is blanketed by a metal roof and vinyl siding and is heated with efficient natural gas. For a bonus, the property also has a 1 car garage and sits on a corner lot. Conveniently located just minutes from the hospital, schools, restaurants, and shopping. Don't let this one pass you by.
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Brick/Mortar, Full, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Fireplace: No
  • Flooring: Vinyl, Laminate
  • Interior Amenities: Bathtub
  • Stories: 3
  • Full Basement: Yes

Exterior Features

  • Lot Features: Corner Lot, Level, Open Lot, Sidewalks, Intown, Near Shopping, Near Public Transit
  • Waterfront: No
  • Construction Type: Wood Siding, Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter, Brick/Mortar
  • Patio And Porch Features: Deck
  • Roof: Metal, Pitched, Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: 5 - 10 Spaces, Paved, Detached

Utilities

  • Laundry Features: Upper Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Bangor Public Schools

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5662.8
  • Parcel #: BANG-000055-000000-000089
  • Zoning: URD1

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 31560.0
  • Annual Operating Expense: 11805.0

Tax Info

  • Tax Annual Amount: 2827.0
  • Tax Lot: 89
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2024
Closed on
Jun 24, 2024
Sold by
Winchester Shannon and Validi Nasim
Bought by
Buzzeo Kole and Levesque Karli
Seller's Agent
Shonne Wright
ERA Dawson-Bradford Co.
Buyer's Agent
Susan Roberts
Realty of Maine
List Price
$245,000
Sold Price
$253,000
Premium/Discount to List
$8,000
3.27%
Views
11
Current Estimated Value
$268,867

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,867
Avg. Annual Appreciation
3.90%
Original Mortgage
$248,270
Outstanding Balance
$244,605
Interest Rate
6.25%
Mortgage Type
FHA
Estimated Equity
$24,262

Purchase Details

Listed on
Aug 24, 2021
Closed on
Dec 6, 2021
Sold by
Tucker Shawn M and Tucker Jillian M
Bought by
Winchester Shannon and Vahidi Nasim
Seller's Agent
William Carlisle
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Shonne Wright
ERA Dawson-Bradford Co.
List Price
$173,000
Sold Price
$154,500
Premium/Discount to List
-$18,500
-10.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.34%
Original Mortgage
$115,875
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 1, 2006
Sold by
Woods Of Maine Inc
Bought by
Wood Thomas J
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
Buzzeo Kole $253,000 None Available
Buzzeo Kole $253,000 None Available
Winchester Shannon -- None Available
Winchester Shannon -- None Available
Wood Thomas J -- --
Wood Thomas J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Buzzeo Kole $248,270
Closed Buzzeo Kole $248,270
Previous Owner Winchester Shannon $115,875
Previous Owner Wood Thomas J $15,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/24/2024 06/24/24 Sold $253,000 +3.3% $155 / Sq Ft
05/07/2024 05/07/24 Pending -- -- --
05/03/2024 05/03/24 For Sale $245,000 +58.6% $150 / Sq Ft
12/06/2021 12/06/21 Sold $154,500 -10.7% $94 / Sq Ft View Prior Sale
10/22/2021 10/22/21 Pending -- -- --
06/07/2021 06/07/21 For Sale $173,000 -- $106 / 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 $3,016 $162,600 $10,400 $152,200
2023 $2,827 $147,600 $10,400 $137,200
2022 $2,546 $124,800 $10,400 $114,400
2021 $2,533 $113,600 $17,700 $95,900
2020 $2,394 $103,200 $16,900 $86,300
2019 $2,282 $99,200 $16,900 $82,300
2018 $2,171 $94,600 $16,900 $77,700
2017 $2,055 $92,200 $16,900 $75,300
2016 $2,032 $90,300 $16,900 $73,400
2015 $1,936 $88,200 $16,900 $71,300
2014 $1,855 $85,100 $16,900 $68,200
2013 $1,770 $85,100 $16,900 $68,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1588292

Maine Listings

APN: BANG-000055-000000-000089