S
Seller's Agent in 2021
Susan Trenholm
Cates Real Estate
(207) 949-9946
95 Total Sales
Estimated Value: $661,500
15
Beds
8
Baths
6,858
Sq Ft
$96/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Hot Water Heating System
- Wood Siding
- No HOA
- Level Lot
About This Home
As of December 2021Investors take note in this solid 8-unit On the Common in Union. Enjoy the convenient location, with close proximity to Route 17, with a high-walkability score, close to market, restaurant and amenities.
The building layout has two units on the first floor, three units on the second floor and three additional units on the third floor. Ample onsite parking.
Solid investment opportunity, call today!
(3-units available for first viewing, access granted to all units upon further request.)
Last Agent to Sell the Property
Cates Real Estate Brokerage Email: susan@catesre.com Listed on: 05/24/2021
Co-Listed By
Richard Whelan
Cates Real Estate Brokerage Email: susan@catesre.com
Last Buyer's Agent
NON-MREIS AGENT
Non MREIS Agency
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,666
Year Built
- Built in 1900
Lot Details
- 1.58 Acre Lot
- Rural Setting
- Level Lot
Home Design
- Wood Frame Construction
- Metal Roof
- Wood Siding
Interior Spaces
- 8 Full Bathrooms
- 6,858 Sq Ft Home
- 3-Story Property
Flooring
- Wood
- Laminate
- Vinyl
Parking
- Gravel Driveway
- Paved Parking
Utilities
- No Cooling
- Heating System Uses Oil
- Heating System Uses Propane
- Hot Water Heating System
- Private Sewer
Listing and Financial Details
- Tax Lot 49
- Assessor Parcel Number UNNN-000024-000000-000049
Community Details
Overview
- No Home Owners Association
- 8 Units
Building Details
- Operating Expense $21,893
- Gross Income $79,200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 24, 2021
Closed on
Dec 16, 2021
Sold by
Leonard Craig A
Bought by
Mid Coast Prop Svcs Llc
Seller's Agent
Susan Trenholm
Cates Real Estate
Buyer's Agent
NON-MREIS AGENT
Non MREIS Agency
List Price
$595,000
Sold Price
$530,000
Premium/Discount to List
-$65,000
-10.92%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,500
Avg. Annual Appreciation
7.01%
Original Mortgage
$416,000
Outstanding Balance
$389,520
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$285,982
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mid Coast Prop Svcs Llc | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mid Coast Prop Svcs Llc | $416,000 | |
| Previous Owner | Leonard Craig A | $106,896 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/16/2021 12/16/21 | Sold | $530,000 | -10.9% | $77 / Sq Ft |
| 09/04/2021 09/04/21 | Pending | -- | -- | -- |
| 05/24/2021 05/24/21 | For Sale | $595,000 | -- | $87 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $8,848 | $514,400 | $60,900 | $453,500 |
| 2023 | $7,973 | $514,400 | $60,900 | $453,500 |
| 2022 | $7,613 | $514,400 | $60,900 | $453,500 |
| 2021 | $4,692 | $259,200 | $50,900 | $208,300 |
| 2020 | $4,666 | $259,200 | $50,900 | $208,300 |
| 2019 | $4,743 | $259,200 | $50,900 | $208,300 |
| 2018 | $4,614 | $259,200 | $50,900 | $208,300 |
| 2017 | $4,095 | $259,200 | $50,900 | $208,300 |
| 2016 | $4,380 | $259,200 | $50,900 | $208,300 |
| 2015 | $4,199 | $259,200 | $50,900 | $208,300 |
| 2014 | $4,121 | $259,200 | $50,900 | $208,300 |
Source: Public Records
Agents Affiliated with this Home
-
Susan Trenholm
-
R
Seller Co-Listing Agent in 2021
Richard Whelan
Cates Real Estate
-
N
Buyer's Agent in 2021
NON-MREIS AGENT
Non MREIS Agency
Map
Source: Maine Listings
MLS Number: 1493030
APN: UNNN-000024-000000-000049
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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