NOT LISTED FOR SALE

38 Main St Jay, ME 04239

Estimated Value: $59,950

3 Beds
2 Baths
-- Sq Ft
6,534 Sq Ft Lot

Last Sold June 12, 2024

Last sale price $60,000

Current estimated payment $333/month

1 Day on Market

Highlights

  • River Front
  • Lot Has A Rolling Slope
  • Heating Available
  • No HOA

About This Home

As of June 2024

Fantastic investment opportunity! Get in now and be an integral part of the revitalization of a classic Mill Town! This former 7, 1 bedroom unit multi-family property requires an entire interior renovation and some external work. New roof 2020. A solid shell in a prime location for you to create whatever configuration, 7 units or under, yields your best return. Views of the Androscoggin. Everything has been broken down to the studs, electrical and some structural carpentry was done in the 1st floor, The Dump Guys cleaned out unusable debris May 2024, but beyond that some windows are broken and the back fire escape should be redone. All information from brief visual inspection, Seller has limited knowledge of the property. Please enter cautiously and at your own risk. The Town of Jay does not require any specific town permits or code adherence unless in the shoreland zone, the Town of Jay adheres to State Codes. Property was formerly a 7 unit building, could be 7, 1 bedroom units, or any lower unit count configuration. Please find attached Town Information, Jay and State Code Contact info and other pertinent information. With the upcoming mill development you could get this investment ship-shape and ready for new tenants that new jobs would attract. Perfect location for tenants ease and your own. Smiley Laundry and Francetti's HomeTown Variety are steps down the street, close to the Community Center, Banks, Shopping and you're right at the border of Livermore Falls, a short drive or public commute to everything both townships afford. Property sold ''As Is.''

Last Agent to Sell the Property

Jennifer Sweeney

Portside Real Estate Group Listed on: 05/15/2024

Last Buyer's Agent

Joanna Hollingsworth

County Seat Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,415

Year Built

  • Built in 1800

Lot Details

  • 6,534 Sq Ft Lot
  • River Front
  • Lot Has A Rolling Slope

Property Views

  • Water
  • Scenic Vista
  • Woods

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Aluminum Siding

Unfinished Basement

  • Walk-Out Basement
  • Interior Basement Entry

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Utilities

  • No Cooling
  • Heating Available
  • Electricity Not Available
  • Natural Gas Not Available
  • Water Not Available
  • No Water Heater
  • Sewer Not Available

Additional Features

  • Multi-Level Property
  • City Lot

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number JAYY-000015-000000-000015

Community Details

Overview

  • No Home Owners Association
  • 7 Units

Building Details

  • Operating Expense $1,415

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,415

Year Built

Built in 1800

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.15
  • Road Surface Type: Paved
  • Water Body Name: Androscoggin River
  • MLS Status: Closed
  • Directions: Rte. 4 North Jay to 38 Main Street. GPS friendly.
  • Architectural Style: Multi-Level, Other Style
  • Garage Yn: No
  • Year Built: 1800
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.15
  • Property Information:Garage: No
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Cooling:None3: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 7
  • Income Expenses Operating Expenses: 1414.96
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • View:TreesWoods: Yes
  • Site:RollingSloping: Yes
  • View:Scenic: Yes
  • Electric:No Electric: Yes
  • Sewer:None4: Yes
  • Exterior:Aluminum Siding: Yes
  • Water Heater:None2: Yes
  • Heat System:No Heat System: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Walk-Out Access, Interior Entry, Unfinished
  • Flooring: Other

Exterior Features

  • Lot Features: Rolling Slope, Sidewalks, Intown, Near Shopping, Neighborhood
  • View: Trees/Woods, Scenic
  • Waterfront Features: River
  • Waterfront: No
  • Construction Type: Aluminum Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Other, Paved, On Site

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: No Heat System
  • Heating Yn: Yes
  • Electric: No Electric
  • Sewer: None, Public Sewer
  • Utilities: Pole
  • Water Source: Public, None

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6534.0
  • Parcel #: JAYY-000015-000000-000015
  • Zoning: None.

Multi Family

  • Number Of Units Total: 7
  • Annual Operating Expense: 1414.96

Tax Info

  • Tax Annual Amount: 1414.96
  • Tax Book Number: 4159
  • Tax Lot: 15
  • Tax Map Number: 15
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2024
Closed on
Jun 12, 2024
Sold by
Delong Inv Prop Llc
Bought by
Simpson Ellingwood-Simpson J and Simpson Cedric
Seller's Agent
Jennifer Sweeney
Portside Real Estate Group
Buyer's Agent
Joanna Hollingsworth
County Seat Realty
List Price
$60,000
Sold Price
$60,000
Views
5
Current Estimated Value
$59,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$50

Purchase Details

Closed on
Oct 21, 2013
Sold by
Rider William and Rider Becky
Bought by
Billington Anthony
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
Simpson Ellingwood-Simpson J $60,000 None Available
Simpson Ellingwood-Simpson J $60,000 None Available
Billington Anthony -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ellingwood-Simp Jessica D $169,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2024 06/12/24 Sold $60,000 0.0% --
05/17/2024 05/17/24 Pending -- -- --
05/15/2024 05/15/24 For Sale $60,000 -- --
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 $0 $30,760 $10,890 $19,870
2023 $538 $30,760 $10,890 $19,870
2022 $0 $30,760 $10,890 $19,870
2021 $0 $30,760 $10,890 $19,870
2020 $538 $30,760 $10,890 $19,870
2019 $561 $30,760 $10,890 $19,870
2018 $623 $30,760 $10,890 $19,870
2017 $692 $30,760 $10,890 $19,870
2016 $531 $30,760 $10,890 $19,870
2015 $531 $30,760 $10,890 $19,870
2014 -- $30,760 $10,890 $19,870
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1589694

Maine Listings

APN: JAYY-000015-000000-000015