NOT LISTED FOR SALE

40 Main St Rockport, ME 04856

Estimated Value: $421,000 - $867,000

9 Beds
4.5 Baths
3,716 Sq Ft
$174/Sq Ft Est. Value

Last Sold April 26, 2021

Last sale price $675,000 $182 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $4,160/month

111 Days on Market

Highlights

  • 409 Feet of Waterfront
  • Nearby Water Access
  • Wood Flooring
  • Camden-Rockport Elementary School Rated A-
  • Deck
  • 4-minute walk to Rockport Marine

About This Home

As of April 2021

Amazing views in this spectacular partially updated 1880s farm home just one block from Rockport Harbor and beach. The home has an updated modern kitchen and open main floor design. The main portion of the home has 5 bedrooms all recently painted. Additionally, the home has a 2 bedroom full suite that can be used by yours or leased for additional income. Another apartment is available as a studio for lease or can be used as a private office or study. Recent upgrades include a 50 year seamless metal roof and a new oil boiler for the whole house. The lowest floor apartment was gutted and rewired, reconfigured and re-plumbed to maximize the gorgeous views. The remodel is still being completed with paint tile and cabinets but the costly portions are done. The home is grandfathered in to be used for long or short leases if desired or your own. We leased it and easily paid the mortgage. In the area is Camden and Lincolnville which boast great restaurants and beaches. Lovely walking, hiking, goose river, and Camden Snow Bowl for skiing. It's a dream home and location.

Last Agent to Sell the Property

Jason Saphire

www.HomeZu.com Listed on: 11/17/2020

Last Buyer's Agent

Nancy Hughes

Camden Coast Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,394

Year Built

  • Built in 1850

Lot Details

  • 1.6 Acre Lot
  • 409 Feet of Waterfront
  • River Front
  • Lot Has A Rolling Slope

Property Views

  • Water
  • Scenic Vista

Home Design

  • Farmhouse Style Home
  • Stone Foundation
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • 3 Fireplaces
  • Double Pane Windows
  • Storm Windows
  • Attic

Flooring

  • Wood
  • Tile

Finished Basement

  • Walk-Out Basement
  • Interior Basement Entry

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Nearby Water Access
  • River Nearby
  • Deck
  • Outbuilding

Location

  • City Lot

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Programmable Thermostat
  • Underground Utilities
  • High-Efficiency Water Heater
  • Internet Available

Listing and Financial Details

  • Tax Lot 127
  • Assessor Parcel Number ROCT-000029-000000-000127

Community Details

Overview

  • No Home Owners Association
  • 10 Units

Building Details

  • Operating Expense $9,600
  • Gross Income $30,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,394

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 1.6
  • Water Body Name: Goose River
  • MLS Status: Closed
  • Directions: one block from Rockport Harbor on Main Street
  • Above Grade Finished Sq Ft: 3516.0
  • Architectural Style: Farmhouse, Multi-Level
  • Garage Yn: No
  • Efficiency: Storm Windows, Programmable Thermostat, High Efficiency Water Heater, Double Pane Windows
  • Building Stories: 3
  • Year Built: 1850
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.6
  • Property Information:Total Baths: 5.0
  • Property Information:SqFt Finished Above Grade: 3516.0
  • Property Information:SqFt Finished Below Grade: 200.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Roof:Metal: Yes
  • Property Information:Number of Units: 10
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 30000.0
  • Income Expenses Operating Expenses: 9600.0
  • Style:Multi-Level: Yes
  • Exterior:Wood Siding: Yes
  • Building Info:_pound_ Fireplaces3: 3
  • Amenities:Attic: Yes
  • Recreational Water:Nearby: Yes
  • Recreational Water:RiverBrookStream: Yes
  • Water Info:Waterfront Amount -: 409.0
  • Water Info:Water Frontage Owned -: 409.0
  • Equipment:Internet Access Available: Yes
  • Site:RollingSloping: Yes
  • View:Scenic: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Utility Info Electric On Site: Yes
  • Water Info:Island3: No
  • Foundation Materials:Granite2: Yes
  • Electric:Underground: Yes
  • Energy Efficiency:High Efficiency Water Heater: Yes
  • Energy Efficiency:Programmable Thermostat: Yes
  • Energy Efficiency:Storm Windows: Yes
  • Building Info:_pound_ Floors3: 4
  • Other Structures:Out Building: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Finished, Interior Entry, Walk-Out Access
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Below Grade Sq Ft: 200.0
  • Fireplaces: 3
  • Fireplace: Yes
  • Flooring: Wood, Tile
  • Interior Amenities: Attic, Pantry
  • Stories: 4

Exterior Features

  • Lot Features: Rolling Slope, Intown, Neighborhood
  • View: Scenic
  • Waterfront Features: River
  • Waterfront: Yes
  • Construction Type: Wood Siding, Vinyl Siding, Wood Frame
  • Foundation Details: Granite
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck
  • Roof: Metal
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Other Heat System, Multi-Zones
  • Heating Yn: Yes
  • Electric: Underground, On Site, Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On, Pole
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 69696.0
  • Parcel #: ROCT-000029-000000-000127
  • Zoning: RES

Multi Family

  • Number Of Units Total: 10
  • Annual Gross Income: 30000.0
  • Annual Operating Expense: 9600.0

Tax Info

  • Tax Annual Amount: 6394.0
  • Tax Book Number: 5122
  • Tax Lot: 127
  • Tax Map Number: 029
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2020
Closed on
Apr 26, 2021
Sold by
Rehmeyer Kimberly and Rehmeyer Rex
Bought by
Mansfield Michael P
Seller's Agent
Jason Saphire
www.HomeZu.com
Buyer's Agent
Nancy Hughes
Camden Coast Real Estate
List Price
$850,000
Sold Price
$675,000
Premium/Discount to List
-$175,000
-20.59%
Current Estimated Value
$644,927

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$30,073
Avg. Annual Appreciation
-1.06%
Original Mortgage
$530,000
Outstanding Balance
$482,653
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$162,274

Purchase Details

Listed on
May 14, 2016
Closed on
Dec 27, 2016
Sold by
Lee Bjorn A and Lee Jayme L
Bought by
Rehmeyer Kimberly and Rehmeyer Rex
Seller's Agent
Nancy Hughes
Camden Coast Real Estate
Buyer's Agent
Nancy Hughes
Camden Coast Real Estate
List Price
$469,000
Sold Price
$380,000
Premium/Discount to List
-$89,000
-18.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.15%
Original Mortgage
$285,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2007
Sold by
Dorothy M Lee T
Bought by
Lee Bjorn A and Okma-Lee Jayme L
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
Mansfield Michael P -- None Available
Rehmeyer Kimberly -- --
Lee Bjorn A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mansfield Michael P $314,000
Open Mansfield Michael P $530,000
Previous Owner Rehmeyer Kimberly $285,000
Previous Owner Lee Bjorn A $150,000
Previous Owner Lee Dorothy M $85,000
Previous Owner Lee Lance R $187,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2021 04/26/21 Sold $675,000 -20.6% $182 / Sq Ft
03/09/2021 03/09/21 Pending -- -- --
11/17/2020 11/17/20 For Sale $850,000 +123.7% $229 / Sq Ft
12/23/2016 12/23/16 Sold $380,000 -19.0% $102 / Sq Ft
10/26/2016 10/26/16 Pending -- -- --
05/13/2016 05/13/16 For Sale $469,000 -- $126 / 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 $7,179 $503,800 $158,000 $345,800
2023 $6,373 $503,800 $158,000 $345,800
2022 $7,431 $481,000 $135,200 $345,800
2021 $6,421 $376,600 $163,200 $213,400
2020 $6,304 $375,000 $163,200 $211,800
2019 $6,394 $375,000 $163,200 $211,800
2018 $6,030 $375,000 $163,200 $211,800
2017 $5,531 $375,000 $163,200 $211,800
2016 $5,479 $375,000 $163,200 $211,800
2015 $5,269 $375,000 $163,200 $211,800
2014 $5,405 $416,100 $173,600 $242,500
2013 $5,280 $416,100 $173,600 $242,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1476255

Maine Listings

APN: ROCT-000029-000000-000127