NOT LISTED FOR SALE

40 Gilman Falls Ave Old Town, ME 04468

Estimated Value: $231,000 - $317,000

4 Beds
2.5 Baths
1,682 Sq Ft
$163/Sq Ft Est. Value

Last Sold March 16, 2016

Last sale price $79,000 $47 Per Sq Ft

Est. 247% increase in value since last sale

Current estimated payment $1,694/month

45 Days on Market

Highlights

  • Deck
  • Main Floor Bedroom
  • Porch
  • New Englander Architecture
  • No HOA
  • Interior Lot

About This Home

As of March 2016

Affordable 2 unit on .33 acre lot. 3 BR, 1.5 BA, eat-in kitchen, new windows and hardwood floors. Second unit features new efficiency kitchen and full bath, LR and BR. New natural gas HWBB furnace. Call for your showing today!

Last Agent to Sell the Property

Jonathan Cota

Realty of Maine Listed on: 12/14/2015

Last Buyer's Agent

Ashley Sheehan

Realty of Maine

Realty of Maine

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 0.33 Acre Lot
  • Interior Lot
  • Level Lot
  • Open Lot

Home Design

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

Interior Spaces

  • 1,682 Sq Ft Home
  • 2-Story Property
  • Laundry on main level

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Bathtub

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Gravel Driveway
  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 58
  • Assessor Parcel Number 40Gilman Falls AvenueOldTown2458

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.33
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: I95 North to exit 197 to right on Gilman Falls Ave/Rt 43 for 2.7 miles to house on right. (Almost directly across from Sargent Dr).
  • Above Grade Finished Sq Ft: 1682.0
  • Architectural Style: New Englander
  • Building Stories: 2
  • Year Built: 1910
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.33
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 1682.0
  • 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
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Gas:Natural - On Site: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Heat Fuel:Gas Natural: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 2
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 2
  • Parking:On Site2: Yes
  • Foundation Materials:Block3: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Driveway:Gravel: Yes
  • Property Information:Deed Restrictions: Unknown
  • Style:New Englander: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full, Walk-Out Access, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Flooring: Vinyl, Laminate, Carpet
  • Interior Amenities: 1st Floor Bedroom, Bathtub, Primary Bedroom w/Bath
  • Full Basement: Yes
  • Location:Interior Lot: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Sidewalks, Interior Lot, Near Shopping, Neighborhood
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Block, Concrete Perimeter
  • Patio And Porch Features: Deck, Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 14374.8
  • Parcel #: 40Gilman Falls AvenueOldTown2458
  • Zoning: Res

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2045.0
  • Tax Book Number: 12378
  • Tax Lot: 58
  • Tax Map Number: 24
  • Tax Year: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2020
Sold by
Milamber Llc
Bought by
Christopher Augustine and Christopher Ngozi
Current Estimated Value
$274,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,625
Outstanding Balance
$99,335
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$156,999

Purchase Details

Listed on
Dec 14, 2015
Closed on
Mar 16, 2016
Sold by
Cronin John
Bought by
Howard Justin and Howard Amy
Seller's Agent
Jonathan Cota
Realty of Maine
Buyer's Agent
Ashley Sheehan
Realty of Maine
List Price
$89,000
Sold Price
$79,000
Premium/Discount to List
-$10,000
-11.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.28%
Original Mortgage
$84,000
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2011
Sold by
Gallant Diane
Bought by
Cronin John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,640
Interest Rate
4.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 23, 2006
Sold by
Gallant Richard M Est and Gallant
Bought by
Gallant Diane
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
Christopher Augustine -- None Available
Christopher Augustine -- None Available
Howard Justin -- --
Howard Justin -- --
Cronin John -- --
Cronin John -- --
Gallant Diane -- --
Gallant Diane -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Christopher Augustine $110,625
Closed Christopher Augustine $110,625
Previous Owner Milamber Llc $125,000
Previous Owner Howard Justin $84,000
Previous Owner Cronin John $78,210
Previous Owner Cronin John $82,640
Previous Owner Gallant Diane $14,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2016 03/16/16 Sold $79,000 -11.2% $47 / Sq Ft
01/29/2016 01/29/16 Pending -- -- --
12/14/2015 12/14/15 For Sale $89,000 -- $53 / 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 $2,386 $134,800 $23,000 $111,800
2023 $2,386 $134,800 $23,000 $111,800
2022 $2,339 $111,400 $20,000 $91,400
2020 $2,501 $109,400 $19,400 $90,000
2019 $2,501 $109,400 $19,400 $90,000
2018 $2,501 $109,400 $19,400 $90,000
2017 $2,445 $109,400 $19,400 $90,000
2016 $2,307 $109,400 $19,400 $90,000
2015 $2,315 $109,400 $19,400 $90,000
2014 $2,211 $109,400 $19,400 $90,000
2013 $2,045 $109,400 $19,400 $90,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Jonathan Cota

    Realty of Maine

  • Ashley Sheehan

    Buyer's Agent in 2016

    Ashley Sheehan

    Realty of Maine

    (207) 631-6890

    110 Total Sales

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Map

Source: Maine Listings

MLS Number: 1246352

Maine Listings

APN: OLDN-000024-000000-000058

Maine Penobscot County Old Town 04468

40 Gilman Falls Ave, Old Town, ME

This home is located at 40 Gilman Falls Ave, Old Town, ME 04468 since 14 December 2015 and is currently estimated at $274,424, approximately $163 per square foot. This property was built in 1910. 40 Gilman Falls Ave is a home located in Penobscot County with nearby schools including Old Town Elementary School, Leonard Middle School, and Old Town High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Maine Listings Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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