NOT LISTED FOR SALE

4 Bennett St Sanford, ME 04073

Estimated Value: $438,000 - $502,000

7 Beds
4 Baths
3,046 Sq Ft
$155/Sq Ft Est. Value

Last Sold June 23, 2023

Last sale price $402,000 $132 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,031/month

7 Days on Market

Highlights

  • No HOA
  • Shed
  • Baseboard Heating
  • Enclosed Glass Porch
  • Forced Air Zoned Heating System
  • Level Lot

About This Home

As of June 2023

Very large 1300 sq. ft., 2 bed, 2 bath, 2-floor townhouse available with large kitchen, covered wrap-around porch, tons of bonus space, washer/dryer in the unit, plenty of off-street parking, and walkable to downtown Sanford. This newer townhouse comes with all appliances, and heat and hot water are included. The 1st floor features a living room, large kitchen with an island, the 1st bathroom (with washer and dryer), and the 1st bedroom. The 2nd floor features the second full bath, as well as the 2nd bedroom, as well as a very large "bonus room" area, and even a private, heated porch. This lovely home is located in a quiet residential area, with plenty of yard, as well. Come take a look today!

Last Agent to Sell the Property

Bailey Pate

Maine Real Estate Co License #DB927429 Listed on: 05/15/2023

Last Buyer's Agent

Michael Mullett

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,697

Year Built

  • Built in 1892

Lot Details

  • 8,276 Sq Ft Lot
  • Level Lot

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Membrane Roofing
  • Vinyl Siding

Interior Spaces

  • 4 Full Bathrooms
  • 3,046 Sq Ft Home
  • Multi-Level Property
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Vinyl

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Doghouse Basement Entry
  • Interior Basement Entry

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking
  • On-Site Parking

Outdoor Features

  • Shed
  • Enclosed Glass Porch

Location

  • City Lot

Utilities

  • No Cooling
  • Forced Air Zoned Heating System
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Tax Lot 30
  • Assessor Parcel Number SANF-000030-J000026

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $15,632
  • Gross Income $46,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,697

Year Built

Built in 1892

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.19
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From Main St. Sanford turn onto Rt. 202 east. At first traffic light, turn left onto River St. Bennett St. will be on the right and property is on the left. GPS friendly!
  • Above Grade Finished Sq Ft: 3046.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Year Built: 1892
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 114.9
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.19
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 3046.0
  • Property Information:Garage: No
  • Site:Level: 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:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Driveway:Common2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Basement:Unfinished: Yes
  • Basement Entry:Doghouse: Yes
  • Property Information:Number of Units: 3
  • Heat System:Multi-Zones: Yes
  • Income Expenses Gross Income: 46200.0
  • Income Expenses Operating Expenses: 15632.0
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Roof:Membrane: Yes
  • Other Structures:Shed: Yes
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Advertising Remarks:Advertising Remarks: Investor's Dream in Sanford! Incredible opportunity to own this multi-family property with 3 units including one 2 bedroom and two 3 bedrooms across 3,046 sqft. All units are currently rented with long term tenants. It's conveniently located in town and close to public transportation and shopping. This property is tucked away on a quiet street with ample of street parking. The .19 acre lot offers plenty of outdoor space. Don't miss out on this great investment opportunity - Showings only at open house scheduled for two convenient times: Thursday, May 18 from 4:00-6:00pm and an Saturday, May 20 from 11-1p
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Doghouse, Interior Entry, Unfinished
  • Full Bathrooms: 4
  • Flooring: Vinyl, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Intown
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Other Structures: Shed(s)
  • Patio And Porch Features: Glass Enclosed, Porch
  • Roof: Membrane, Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Paved, Common, On Site

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Forced Air, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8276.4
  • Parcel #: SANF-000030-J000026
  • Zoning: UB

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 46200.0
  • Annual Operating Expense: 15632.0

Tax Info

  • Tax Annual Amount: 5696.52
  • Tax Lot: 30
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2023
Closed on
Jun 23, 2023
Sold by
Burke Diana C and Burr Robert A
Bought by
Nl & T Properties Llc
Seller's Agent
Bailey Pate
Maine Real Estate Co
Buyer's Agent
Michael Mullett
Keller Williams Realty
List Price
$350,000
Sold Price
$402,000
Premium/Discount to List
$52,000
14.86%
Current Estimated Value
$472,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,592
Avg. Annual Appreciation
6.88%
Original Mortgage
$283,500
Outstanding Balance
$275,254
Interest Rate
6.35%
Mortgage Type
Commercial
Estimated Equity
$197,338

Purchase Details

Listed on
Aug 9, 2021
Closed on
Sep 24, 2021
Sold by
Scamman Monique H
Bought by
Burke Diana C and Burr Robert A
Seller's Agent
Michael Dubois
Bean Group
Buyer's Agent
Bailey Pate
Keller Williams Realty
List Price
$325,000
Sold Price
$328,000
Premium/Discount to List
$3,000
0.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.33%
Original Mortgage
$246,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 14, 2015
Sold by
Kenyon Edward J Est and Kenyon
Bought by
Kenyon Monique H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2012
Sold by
Accredited Mtg Loan T and Deutsche Bk Natl T Co Tr
Bought by
Accredited Mtg Loan T and Deutsche Bk Natl T Co Tr

Purchase Details

Closed on
Oct 14, 2005
Sold by
Carey Christine
Bought by
James Michelle L and James Mark A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nl & T Properties Llc -- None Available
Burke Diana C -- None Available
Kenyon Monique H -- --
Accredited Mtg Loan T -- --
James Michelle L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nl & T Properties Llc $283,500
Previous Owner Burke Diana C $246,000
Previous Owner Kenyon Monique H $107,000
Previous Owner James Michelle L $63,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/29/2024 11/29/24 Off Market $2,000 -- --
11/07/2024 11/07/24 For Rent $2,000 0.0% --
06/23/2023 06/23/23 Sold $402,000 +14.9% $132 / Sq Ft
05/22/2023 05/22/23 Pending -- -- --
05/15/2023 05/15/23 For Sale $350,000 +6.7% $115 / Sq Ft
09/24/2021 09/24/21 Sold $328,000 +0.9% $108 / Sq Ft View Prior Sale
08/11/2021 08/11/21 Pending -- -- --
08/09/2021 08/09/21 For Sale $325,000 -- $107 / 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
2025 $6,638 $388,200 $35,800 $352,400
2024 $6,266 $388,200 $35,800 $352,400
2023 $5,827 $384,900 $35,800 $349,100
2022 $6,334 $428,000 $35,800 $392,200
2021 $4,392 $241,600 $35,800 $205,800
2020 $4,336 $215,100 $35,800 $179,300
2019 $4,204 $203,100 $35,800 $167,300
2018 $3,714 $203,100 $35,800 $167,300
2017 $4,212 $203,100 $35,800 $167,300
2016 $3,775 $166,000 $35,900 $130,100
2015 $3,714 $168,500 $36,000 $132,500
2014 $3,425 $168,500 $36,000 $132,500
2013 -- $104,700 $36,000 $68,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1558939

Maine Listings

APN: SANF-000030-J000026