NOT LISTED FOR SALE

38 Main St Steep Falls, ME 04085

Estimated Value: $314,000 - $490,000

8 Beds
1.5 Baths
4,320 Sq Ft
$99/Sq Ft Est. Value

Last Sold July 16, 2018

Last sale price $105,000 $24 Per Sq Ft

Est. 298% increase in value since last sale

Current estimated payment $2,670/month

28 Days on Market

Highlights

  • Post and Beam
  • No HOA
  • Space Heater
  • Wood Flooring

About This Home

As of July 2018

Turn this building into your dream in-home business. Beautiful historic Knights of Pythias hall converted into office space. Large walk out basement, big windows, and a two bedroom apartment on the second floor. Would make a great retail conversion or even a large multi-family. Many original details still intact. Walking distance to Saco River, with a plenty of parking. Don't miss your chance to be a part of the Steep Falls village revitalization!

Last Agent to Sell the Property

Andrew Hanscom

Downeast Realty, Inc. Listed on: 05/27/2018

Last Buyer's Agent

Benjamin Brem

Better Homes & Gardens Real Estate/The Masiello Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 0.3 Acre Lot
  • Rural Setting

Home Design

  • Post and Beam
  • Concrete Foundation
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3-Story Property

Flooring

  • Wood
  • Carpet

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Gravel Driveway
  • Paved Parking

Utilities

  • No Cooling
  • Space Heater
  • Heating System Uses Propane
  • Electric Water Heater
  • Septic System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number STAN-000031-000000-000016

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.3
  • MLS Status: Closed
  • Directions: Property is located in the Village of Steep Falls near the intersection of Routes 11 and 113
  • Architectural Style: Multi-Level
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.3
  • Property Information:Total Baths: 2.0
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Roof:Shingle: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Walk-Out: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Property Information:Number of Units: 2
  • Style:Multi-Level: Yes
  • Roof:Pitched: Yes
  • Location:Rural: Yes
  • Driveway:Gravel: Yes
  • Sewer:Septic Existing on Site: Yes
  • Equipment:Cable: Yes
  • Construction:Post Beam: Yes
  • Heat System:Space Heater: Yes
  • Building Info:_pound_ Floors3: 3
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Walk-Out Access
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Fireplace: No
  • Flooring: Wood, Carpet
  • Stories: 3
  • Full Basement: Yes

Exterior Features

  • Lot Features: Sidewalks, Neighborhood, Rural
  • Waterfront: No
  • Construction Type: Vinyl Siding, Post & Beam
  • Foundation Details: Concrete Perimeter
  • Roof: Pitched, Shingle

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Space Heater
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 13068.0
  • Parcel #: STAN-000031-000000-000016
  • Zoning: Village Center

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2699.0
  • Tax Book Number: 5076
  • Tax Lot: 16
  • Tax Map Number: 31
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2025
Sold by
Coldfire Propertues Llc
Bought by
Coldfier Properties Llc
Current Estimated Value
$418,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$347,000
Outstanding Balance
$346,713
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$82,967

Purchase Details

Listed on
May 27, 2018
Closed on
Jul 17, 2018
Sold by
Davis & Hanscom Inc
Bought by
Coldfire Properties Llc
Seller's Agent
Andrew Hanscom
Downeast Realty, Inc.
Buyer's Agent
Benjamin Brem
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$135,000
Sold Price
$105,000
Premium/Discount to List
-$30,000
-22.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.02%
Original Mortgage
$170,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Coldfier Properties Llc -- None Available
Coldfier Properties Llc -- None Available
Coldfire Properties Llc -- --
Coldfire Properties Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coldfier Properties Llc $347,000
Closed Coldfier Properties Llc $347,000
Previous Owner Coldfire Properties Llc $220,000
Previous Owner Coldfire Properties Llc $160,000
Previous Owner Coldfire Properties Llc $170,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2018 07/16/18 Sold $105,000 -22.2% $24 / Sq Ft
06/25/2018 06/25/18 Pending -- -- --
05/27/2018 05/27/18 For Sale $135,000 -- $31 / 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 $4,554 $361,400 $46,800 $314,600
2023 $4,149 $299,600 $38,900 $260,700
2022 $3,266 $226,000 $34,500 $191,500
2021 $3,563 $237,500 $29,400 $208,100
2019 $2,124 $148,500 $29,400 $119,100
2018 $2,064 $148,500 $29,400 $119,100
2017 $1,968 $148,500 $29,400 $119,100
2016 $2,774 $216,400 $29,400 $187,000
2015 $2,768 $216,400 $29,400 $187,000
2013 $2,614 $216,400 $29,400 $187,000
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Maine Listings

MLS Number: 1352702

Maine Listings

APN: STAN-000031-000000-000016