NOT LISTED FOR SALE

391 School St Unity, ME 04988

Estimated Value: $518,105

1 Bed
6 Baths
6,176 Sq Ft
$84/Sq Ft Est. Value

Last Sold June 09, 2023

Last sale price $415,000 $67 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,390/month

213 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Tile Flooring
  • Deck
  • 2 Car Detached Garage
  • Baseboard Heating

About This Home

As of June 2023

This property features a 6 unit building along with a detached garage/office space, all situated on 1.39 acres. Building contains 6-2BR, 1BA units, each with own washer/dryer hookup; private well & city sewer; one furnace & hot water heater & 3 electric panels. Detached building is heated & made up of a 10x20 office space, 28x28 2 bay garage, a 32x30 service garage with full bath & rear bay. Lots of potential & unlimited possibilities with this property!

Last Listed By

Carolyn Fish

NextHome Experience Listed on: 09/09/2022

NextHome Experience

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,239

Year Built

  • Built in 1900

Lot Details

  • 1.39 Acre Lot
  • Rural Setting
  • Level Lot
  • Open Lot

Parking

  • 2 Car Detached Garage
  • Heated Garage
  • Gravel Driveway

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 6 Full Bathrooms
  • 6,176 Sq Ft Home
  • 3-Story Property
  • Stove

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Unfinished Basement

  • Partial Basement
  • Exterior Basement Entry

Outdoor Features

  • Deck

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Pellet Stove burns compressed wood to generate heat
  • Baseboard Heating
  • Hot Water Heating System
  • Private Water Source
  • Well

Listing and Financial Details

  • Exclusions: Lift in garage
  • Tax Lot 013
  • Assessor Parcel Number UNIW-000011-000000-000013

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Building Details

  • Operating Expense $33,063
  • Gross Income $88,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,239

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 1.39
  • Road Surface Type: Paved
  • Co List Office Mls Id: 2983
  • Co List Office Phone: 207-573-7400
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 6176.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Building Stories: 3
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 1.39
  • Property Information:Total Baths: 6.0
  • Property Information:SqFt Finished Above Grade: 6176.0
  • Property Information:Garage: 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:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat System:Stove: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Driveway:Paved2: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Floors:Laminate: Yes
  • Basement:Partial: Yes
  • Property Information:Number of Units: 6
  • Foundation Materials:Stone: Yes
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 88800.0
  • Income Expenses Operating Expenses: 33063.0
  • Style:Colonial: Yes
  • Property Information:Short Sale Continue to Show: No
  • Location:Rural: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Water:Well Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Vehicle Storage:Heated: Yes
  • Heat Fuel:Pellets: Yes
  • Basement Entry:Exterior Only: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Bulkhead, Partial, Exterior Entry, Exterior Only, Unfinished
  • Full Bathrooms: 6
  • Flooring: Vinyl, Tile, Laminate, Carpet

Exterior Features

  • Lot Features: Level, Open Lot, Rural
  • Waterfront: No
  • Exclusions: Lift in garage
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Stone
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Gravel, Paved, Detached, Heated Garage

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 60548.4
  • Parcel #: UNIW-000011-000000-000013
  • Zoning: Commercial

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 88800.0
  • Annual Operating Expense: 33063.0

Tax Info

  • Tax Annual Amount: 4239.0
  • Tax Book Number: 3121,4367
  • Tax Lot: 013
  • Tax Map Number: 011
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2022
Closed on
Jun 9, 2023
Sold by
Reed Scott
Bought by
Sp Rentals Llc
Seller's Agent
Carolyn Fish
NextHome Experience
Buyer's Agent
Jennifer Guay
Over the Bridge & Beyond Realty
List Price
$499,000
Sold Price
$415,000
Premium/Discount to List
-$84,000
-16.83%
Total Days on Market
213
Views
4
Current Estimated Value
$518,105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,105
Avg. Annual Appreciation
8.45%
Original Mortgage
$311,250
Outstanding Balance
$305,246
Interest Rate
6.43%
Mortgage Type
Commercial
Estimated Equity
$178,891

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
Sp Rentals Llc $415,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sp Rentals Llc $311,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2023 06/09/23 Sold $415,000 -7.8% $67 / Sq Ft
11/15/2022 11/15/22 Price Changed $450,000 -3.2% $73 / Sq Ft
10/27/2022 10/27/22 Price Changed $465,000 -6.8% $75 / Sq Ft
09/09/2022 09/09/22 For Sale $499,000 -- $81 / 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
2022 $4,239 $266,600 $26,800 $239,800
2021 $4,306 $266,600 $26,800 $239,800
2020 $4,652 $266,600 $26,800 $239,800
2019 $5,422 $310,700 $26,800 $283,900
2018 $4,961 $296,200 $26,800 $269,400
2017 $5,336 $320,500 $26,800 $293,700
2016 $4,701 $279,000 $26,800 $252,200
2014 $3,823 $258,300 $26,800 $231,500
2013 $3,461 $258,300 $26,800 $231,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1542548

Maine Listings

APN: UNIW-000011-000000-000013