NOT LISTED FOR SALE

40 Milford Ave Unit 2 Bingham, ME 04920

Estimated Value: $194,000 - $229,000

-- Bed
2 Baths
2,400 Sq Ft
$87/Sq Ft Est. Value

Last Sold June 18, 2024

Last sale price $210,000 $88 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,290/month

22 Days on Market

Highlights

  • Colonial Architecture
  • Main Floor Bedroom
  • No HOA
  • Wood Flooring
  • 1 Fireplace
  • Porch

About This Home

As of June 2024

Old Charm in this 2 unit, hardwood floors, built-in were cabinets all original trim. All windows and siding was replaced in 2019. first floor apt has 2 bedrooms, a large kitchen formal dining room. The second floor apt has 6 rooms 3 bedrooms, renovated kitchen, and a bathroom. There is a carriage house that has been gutted, with new siding and windows in 2022. would make a perfect home while renting out the main building. This is a Gem, must-see

Last Agent to Sell the Property

Dina Gushee

Better Homes & Gardens Real Estate/The Masiello Group Listed on: 04/17/2024

Better Homes & Gardens Real Estate/The Masiello Group

Last Buyer's Agent

Adrian Sincyr

Real Broker

Real Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,442

Year Built

  • Built in 1912

Lot Details

  • 0.33 Acre Lot
  • Level Lot
  • Open Lot

Parking

  • Gravel Driveway

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,400 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 2 Full Bathrooms
  • Bathtub
  • Shower Only

Basement

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

Utilities

  • No Cooling
  • Radiator
  • Heating System Uses Kerosene
  • Heating System Uses Steam
  • Electric Water Heater

Additional Features

  • Porch
  • City Lot

Listing and Financial Details

  • Tax Lot 66
  • Assessor Parcel Number BING-000006-000000-000066

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $7,500
  • Gross Income $20,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,442

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.33
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Heading North on 201. On main street in Bingham,turn right on Sidney street. Property is on the left side Corner of Sidney and Milford Avenue.
  • Above Grade Finished Sq Ft: 2400.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1912
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.33
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2400.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:Shower: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Roof:Metal: Yes
  • Basement Entry:Doghouse: Yes
  • Property Information:Number of Units: 2
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 20400.0
  • Income Expenses Operating Expenses: 7500.0
  • Heat System:Steam: Yes
  • Amenities:Bathtub: Yes
  • Style:Colonial: Yes
  • Building Info:_pound_ Fireplaces3: 1
  • Property Information:Short Sale Continue to Show: No
  • Heat Fuel:K-1Kerosene: Yes
  • Driveway:Gravel: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Heat System:Radiator: Yes
  • Building Info:_pound_ Floors3: 2
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full, Doghouse, Interior Entry
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood, Vinyl
  • Interior Amenities: 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, Bathtub, Shower
  • Stories: 2
  • Full Basement: Yes
  • Amenities 1st Floor Primary BR wBath: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Sidewalks, Intown, Near Shopping
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch
  • Roof: Metal
  • Patio and Porch Features:Porch: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Steam, Radiator
  • 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: 14374.8
  • Parcel #: BING-000006-000000-000066
  • Zoning: yes

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 20400.0
  • Annual Operating Expense: 7500.0

Tax Info

  • Tax Annual Amount: 1442.0
  • Tax Book Number: 5373
  • Tax Lot: 66
  • Tax Map Number: 6
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2024
Closed on
Jun 18, 2024
Sold by
D Gushee Llc
Bought by
Maine Freehold Mgmt Llc
Seller's Agent
Dina Gushee
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Adrian Sincyr
Real Broker
List Price
$215,000
Sold Price
$210,000
Premium/Discount to List
-$5,000
-2.33%
Views
28
Current Estimated Value
$208,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,693
Avg. Annual Appreciation
1.33%
Original Mortgage
$157,500
Outstanding Balance
$156,331
Interest Rate
7.09%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$56,957

Purchase Details

Closed on
Jan 14, 2019
Sold by
Pelletier Judith W Est and Pelletier
Bought by
Dgushee Llc
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
Maine Freehold Mgmt Llc $210,000 None Available
Maine Freehold Mgmt Llc $210,000 None Available
Dgushee Llc -- --
Dgushee Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maine Freehold Mgmt Llc $157,500
Closed Maine Freehold Mgmt Llc $157,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2024 06/18/24 Sold $210,000 -2.3% $88 / Sq Ft
05/10/2024 05/10/24 Pending -- -- --
04/17/2024 04/17/24 For Sale $215,000 -- $90 / 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 $1,857 $175,170 $17,700 $157,470
2021 $1,442 $82,900 $13,000 $69,900
2020 $1,434 $82,900 $13,000 $69,900
2019 $1,351 $82,900 $13,000 $69,900
2018 $1,351 $82,900 $13,000 $69,900
2017 $1,326 $82,900 $13,000 $69,900
2016 $1,451 $82,900 $13,000 $69,900
2015 $1,708 $82,900 $13,000 $69,900
2014 $1,741 $82,900 $13,000 $69,900
2013 $1,675 $82,900 $13,000 $69,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1586632

Maine Listings

APN: BING-000006-000000-000066