NOT LISTED FOR SALE

4 Colonial Way MacHias, ME 04654

Estimated Value: $667,173

-- Bed
4 Baths
13,572 Sq Ft
$49/Sq Ft Est. Value

Last Sold February 11, 2016

Last sale price $365,000 $27 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $4,043/month

19 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Hot Water Heating System
  • Corner Lot
  • Forced Air Zoned Heating System
  • 1-minute walk to Middle River Park

About This Home

As of February 2016

This property sits on .39 +/- acres, improved with a 3-story 13,572+/-SF wood framed building . Built to grade with the lower floors at ground level. The six commercial spaces are located at the first and second levels and the four apartments are located on the third floor. The apartments consist of two 1 bedroom 1 bath and two 2 bedrooms and 1 bath units.

Last Agent to Sell the Property

Michael Atienza

Magnusson Balfour Commercial & Business Brokers Listed on: 11/18/2015

Last Buyer's Agent

Michael Atienza

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,992

Year Built

  • Built in 1930

Lot Details

  • 0.39 Acre Lot
  • Corner Lot

Parking

  • No Driveway

Home Design

  • Flat Roof Shape
  • Wood Frame Construction
  • Clap Board Siding
  • Clapboard

Interior Spaces

  • 4 Full Bathrooms
  • 13,572 Sq Ft Home
  • 3-Story Property
  • Wood Flooring
  • Partial Basement

Location

  • City Lot

Utilities

  • No Cooling
  • Forced Air Zoned Heating System
  • Heating System Uses Oil
  • Hot Water Heating System
  • Natural Gas Not Available
  • Oil Water Heater

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Tax Lot 74
  • Assessor Parcel Number MCHA-000011-000000-000074

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,992

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.39
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 13572.0
  • Architectural Style: Multi-Level
  • Building Stories: 3
  • Year Built: 1930
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.39
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 13572.0
  • Site:Corner Lot: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Gas:No Gas: Yes
  • Basement:Partial: Yes
  • Property Information:Number of Units: 4
  • Exterior:Clapboard: Yes
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 3
  • Style:Multi-Level: Yes
  • Driveway:No Driveway: Yes
  • Water Heater:Oil2: Yes
  • Parking Other Parking: Yes
  • Roof:Flat: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Partial, Not Applicable
  • Full Bathrooms: 4
  • Flooring: Wood

Exterior Features

  • Lot Features: Corner Lot, Sidewalks, Intown, Near Shopping
  • Waterfront: No
  • Construction Type: Clapboard, Wood Frame
  • Roof: Flat

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Driveway, Other

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 16988.4
  • Parcel #: MCHA-000011-000000-000074
  • Zoning: None

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 5992.0
  • Tax Book Number: 2729
  • Tax Lot: 74
  • Tax Map Number: 11
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2015
Closed on
Feb 16, 2016
Sold by
Kds Venture Llc
Bought by
Mrre Holdings Llc
Seller's Agent
Michael Atienza
Magnusson Balfour Commercial & Business Brokers
Buyer's Agent
Michael Atienza
Magnusson Balfour Commercial & Business Brokers
List Price
$379,900
Sold Price
$365,000
Premium/Discount to List
-$14,900
-3.92%
Current Estimated Value
$667,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$302,173
Original Mortgage
$292,000
Interest Rate
4.02%
Mortgage Type
Purchase Money Mortgage
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
Mrre Holdings Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mrre Holdings Llc $292,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/11/2016 02/11/16 Sold $365,000 -3.9% $27 / Sq Ft
12/08/2015 12/08/15 Pending -- -- --
11/18/2015 11/18/15 For Sale $379,900 -- $28 / 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 $5,896 $399,700 $93,700 $306,000
2023 $8,433 $371,500 $65,500 $306,000
2022 $8,062 $371,500 $65,500 $306,000
2021 $7,690 $371,500 $65,500 $306,000
2020 $6,111 $295,200 $65,500 $229,700
2019 $6,406 $295,200 $65,500 $229,700
2018 $6,406 $295,200 $65,500 $229,700
2017 $6,229 $295,200 $65,500 $229,700
2015 $5,993 $295,200 $65,500 $229,700
2014 $5,904 $295,200 $65,500 $229,700
2013 $5,904 $295,200 $65,500 $229,700
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Michael Atienza

    Magnusson Balfour Commercial & Business Brokers

See All Agents

Map

Source: Maine Listings

MLS Number: 1244536

Maine Listings

APN: MCHA-000011-000000-000074

Maine Washington County Machias 04654

4 Colonial Way, Machias, ME

This home is located at 4 Colonial Way, MacHias, ME 04654 since 18 November 2015 and is currently priced at $667,173, approximately $49 per square foot. This property was built in 1930. 4 Colonial Way is a home located in Washington County with nearby schools including Rose M. Gaffney School, Coastal Wash Cty Inst Of Tech, and Machias Memorial High School.

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