NOT LISTED FOR SALE

Estimated Value: $314,000 - $349,000

-- Bed
4 Baths
2,372 Sq Ft
$143/Sq Ft Est. Value

Last Sold September 07, 2022

Last sale price $290,000 $122 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,252/month

4 Days on Market

Highlights

  • Wood Flooring
  • Attic
  • Porch
  • New Englander Architecture
  • No HOA
  • Forced Air Heating System

About This Home

As of September 2022

Excellent investment opportunity with this 4-UNIT GEM. Always full w/single adults, low expenses as heat & electric are paid by the tenants! Building was remodeled in 2012, 4 newer hot water heaters, each tenant has their own entrance, replacement windows, roof shingles. This low maintenance building offers good cash flow...don't hesitate as this property will not last! Management in place if needed...

Last Agent to Sell the Property

Renee Roy

Better Homes & Gardens Real Estate/The Masiello Group Listed on: 07/27/2022

Better Homes & Gardens Real Estate/The Masiello Group

Last Buyer's Agent

Tim Dunham

Tim Dunham Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,884

Year Built

  • Built in 1930

Lot Details

  • 3,920 Sq Ft Lot
  • Level Lot

Home Design

  • New Englander Architecture
  • Garden Apartment
  • Concrete Foundation
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Rolled or Hot Mop Roof
  • Fiberglass Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 4 Full Bathrooms
  • 2,372 Sq Ft Home
  • 3-Story Property
  • Attic

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Dirt Floor

Parking

  • Gravel Driveway
  • Off-Street Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Baseboard Heating
  • Natural Gas Not Available
  • Electric Water Heater
  • Internet Available

Additional Features

  • Porch
  • City Lot

Listing and Financial Details

  • Tax Lot 020
  • Assessor Parcel Number LISN-000016U-000000-000020

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $7,917
  • Gross Income $32,880

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,884

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.09
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Route 196 to Lisbon, take right on Village Street to left on Bonafide Street to house on left.
  • Above Grade Finished Sq Ft: 2372.0
  • Architectural Style: Garden, New Englander
  • Garage Yn: No
  • Building Stories: 3
  • Year Built: 1930
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.09
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 2372.0
  • 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 Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Amenities:Storage: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Style:Garden: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 4
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 32880.0
  • Income Expenses Operating Expenses: 7917.0
  • Foundation Materials:Block3: Yes
  • Basement:Dirt Floor: Yes
  • Amenities:Attic: Yes
  • Property Information:Short Sale Continue to Show: No
  • Driveway:Gravel: Yes
  • Equipment:Internet Access Available: Yes
  • Property Information:Deed Restrictions: Unknown
  • Roof:RolledHot Mop: Yes
  • Property Information:Bank Owned REO: No
  • Utility Info Electric On Site: Yes
  • Water Heater:Tank: Yes
  • Style:New Englander: Yes
  • Roof:Fiberglass: Yes
  • Building Info:_pound_ Floors3: 2
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Bulkhead, Dirt Floor, Full, Exterior Entry, Unfinished
  • Full Bathrooms: 4
  • Fireplace: No
  • Flooring: Wood, Vinyl, Laminate, Carpet
  • Interior Amenities: Attic, Storage
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Intown, Near Shopping, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Block, Concrete Perimeter
  • Patio And Porch Features: Porch
  • Roof: Fiberglass, Rolled/Hot Mop, Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Baseboard
  • Heating Yn: Yes
  • Electric: On Site, Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3920.4
  • Parcel #: LISN-000016U-000000-000020
  • Zoning: Village

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 32880.0
  • Annual Operating Expense: 7917.0

Tax Info

  • Tax Annual Amount: 2884.0
  • Tax Book Number: 9683
  • Tax Lot: 020
  • Tax Map Number: U16
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2022
Closed on
Sep 6, 2022
Sold by
Klingman Jeremiah
Bought by
S & J Real Estate Llc
Seller's Agent
Renee Roy
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Tim Dunham
Tim Dunham Realty
List Price
$285,000
Sold Price
$290,000
Premium/Discount to List
$5,000
1.75%
Current Estimated Value
$362,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,520
Avg. Annual Appreciation
7.19%

Purchase Details

Closed on
Sep 11, 2017
Sold by
Ray Corp
Bought by
Klingman Jeremiah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 22, 2012
Closed on
Feb 1, 2013
Sold by
Fnma
Bought by
Ray Corp
Seller's Agent
Susan Dube
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Matthew Ray
Berkshire Hathaway HomeServices Northeast Real Estate
List Price
$40,900
Sold Price
$17,500
Premium/Discount to List
-$23,400
-57.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.16%
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
S & J Real Estate Llc $290,000 None Available
Klingman Jeremiah -- --
Ray Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open S & J Real Estate Llc $262,400
Previous Owner Klingman Jeremiah $103,000
Previous Owner Ray Corp $100,000
Previous Owner Ray Corp $0
Previous Owner Lopez Charles $80,000
Previous Owner Lopez Charles $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2022 09/07/22 Sold $290,000 +1.8% $122 / Sq Ft
08/01/2022 08/01/22 Pending -- -- --
07/27/2022 07/27/22 For Sale $285,000 +1528.6% $120 / Sq Ft
01/30/2013 01/30/13 Sold $17,500 -57.2% $10 / Sq Ft
01/10/2013 01/10/13 Pending -- -- --
08/28/2012 08/28/12 For Sale $40,900 -- $23 / 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 $3,003 $220,800 $25,900 $194,900
2023 $2,754 $130,500 $17,100 $113,400
2022 $3,015 $130,500 $17,100 $113,400
2021 $2,884 $130,500 $17,100 $113,400
2020 $3,015 $130,500 $17,100 $113,400
2019 $3,015 $130,500 $17,100 $113,400
2018 $2,799 $112,700 $14,900 $97,800
2017 $2,615 $112,700 $14,900 $97,800
2016 $2,524 $112,700 $14,900 $97,800
2015 $1,923 $81,510 $21,200 $60,310
2014 $1,989 $81,510 $21,200 $60,310
2013 $1,794 $78,000 $21,200 $56,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1537844

Maine Listings

APN: LISN-000016U-000000-000020