NOT LISTED FOR SALE

Estimated Value: $227,000 - $338,000

6 Beds
3 Baths
2,427 Sq Ft
$123/Sq Ft Est. Value

Last Sold August 28, 2020

Last sale price $215,000 $89 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,898/month

23 Days on Market

Highlights

  • Nearby Water Access
  • New Englander Architecture
  • Corner Lot
  • Wood Flooring
  • Main Floor Bedroom
  • No HOA

About This Home

As of August 2020

Well maintained multi unit apartment building near Main Street and the Kennebec River Waterfront. 3 2-bedroom units with washer and dryer hookups. Tenants pay electric and heat. Some improvements have been done over the past few years. Manageable yard with an open and level .20 acres; Low maintenance vinyl siding; Public Utilities; Located less than 10 min from I-295, I -95 and Rt. 201.

Last Listed By

Eric Humes

All Points Realty Listed on: 07/31/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,420

Year Built

  • Built in 1870

Lot Details

  • 8,712 Sq Ft Lot
  • Corner Lot
  • Level Lot
  • Open Lot

Home Design

  • New Englander Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,427 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • ENERGY STAR Qualified Appliances
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 3 Full Bathrooms
  • Bathtub

Unfinished Basement

  • Interior Basement Entry
  • Dirt Floor
  • Crawl Space

Parking

  • Common or Shared Parking
  • Gravel Driveway
  • Shared Driveway

Outdoor Features

  • Nearby Water Access
  • River Nearby

Utilities

  • Dehumidifier
  • Forced Air Heating System
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 042
  • Assessor Parcel Number RICD-000003-000000-000042-000000-U

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $6,585
  • Gross Income $35,340

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,420

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2
  • Road Surface Type: Paved
  • Co List Office Mls Id: 2768
  • Co List Office Phone: 207-798-1023
  • MLS Status: Closed
  • Directions: Following Main Street to the waterfront, take left onto Front St. Property is on the left on corner of Lincoln and Front St. Sign posted
  • Above Grade Finished Sq Ft: 2427.0
  • Architectural Style: Multi-Level, New Englander
  • Garage Yn: No
  • Efficiency: Energy Star Appliances, Dehumidifier, Ceiling Fans
  • Building Stories: 2
  • Year Built: 1870
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.2
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2427.0
  • Property Information:Garage: No
  • 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:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 3
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 35340.0
  • Income Expenses Operating Expenses: 6585.0
  • Style:Multi-Level: Yes
  • Amenities:Bathtub: Yes
  • Basement:Crawl Space: Yes
  • Basement:Dirt Floor: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Recreational Water:RiverBrookStream: Yes
  • Driveway:Gravel: Yes
  • Property Information:Bank Owned REO: No
  • Energy Efficiency:Ceiling Fans: Yes
  • Energy Efficiency:Dehumidifier: Yes
  • Energy Efficiency:Energy Star Appliances: Yes
  • Style:New Englander: Yes
  • Building Info:_pound_ Floors3: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Dirt Floor, Crawl Space, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Fireplace: No
  • Flooring: Wood, Laminate, Carpet
  • Interior Amenities: 1st Floor Bedroom, Bathtub
  • Stories: 2

Exterior Features

  • Lot Features: Corner Lot, Level, Open Lot, Sidewalks, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Gravel, Common

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Forced Air, Baseboard, Hot 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: RSU 02

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8712.0
  • Parcel #: RICD-000003-000000-000042-000000-U
  • Zoning: VIL

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 35340.0
  • Annual Operating Expense: 6585.0

Tax Info

  • Tax Annual Amount: 2420.0
  • Tax Book Number: 2017R
  • Tax Lot: 042
  • Tax Map Number: U03
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 10, 2017
Sold by
H & H Construction Mgmt
Bought by
Rioux Cody L
Total Days on Market
23
Current Estimated Value
$298,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,750
Interest Rate
3.86%
Mortgage Type
Unknown

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
Rioux Cody L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Rioux Cody L $126,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2020 08/28/20 Sold $215,000 -6.1% $89 / Sq Ft
08/06/2020 08/06/20 Pending -- -- --
07/13/2020 07/13/20 For Sale $229,000 -- $94 / 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 $2,922 $123,800 $32,400 $91,400
2023 $2,662 $123,800 $32,400 $91,400
2022 $2,420 $123,800 $32,400 $91,400
2021 $2,420 $123,800 $32,400 $91,400
2020 $2,420 $123,800 $32,400 $91,400
2019 $2,420 $123,800 $32,400 $91,400
2018 $2,420 $123,800 $32,400 $91,400
2017 $2,420 $123,800 $32,400 $91,400
2016 $2,371 $123,800 $32,400 $91,400
2015 $2,315 $123,800 $32,400 $91,400
2014 $2,389 $123,800 $32,400 $91,400
2013 $2,588 $143,000 $32,400 $110,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1460189

Maine Listings

APN: RICD-000003-000000-000042-000000-U