NOT LISTED FOR SALE

40 Oak St Oakland, ME 04963

Estimated Value: $202,000 - $281,894

3 Beds
2 Baths
1,600 Sq Ft
$153/Sq Ft Est. Value

Last Sold March 06, 2024

Last sale price $178,500 $112 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,400/month

8 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Bathtub
  • Main Floor Bedroom
  • No HOA
  • Forced Air Heating System

About This Home

As of March 2024

Here is an opportunity to own an affordable 2-unit in the heart of Oakland! The first floor unit has beautiful hardwood floors, eat-in kitchen, full bath with tub, 2 bedrooms and washer/dryer hook-ups. The second floor unit is a one bedroom that features a full bath with tub, kitchen and washer/dryer hook-ups. There is a large attached garage for additional storage for tenant or landlord. This property is located in an ideal location with-n walking distance to multiple schools, shopping, banks & pharmacies. Just 3 miles to I-95 north or south and minutes to downtown Waterville. This is a perfect owner occupied or investment property! Call for a showing today!

Last Agent to Sell the Property

Justine Duvall

Integrity Homes Real Estate Group, PC Listed on: 01/11/2024

Last Buyer's Agent

Justine Duvall

Coldwell Banker Plourde Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,358

Year Built

  • Built in 1920

Lot Details

  • 0.27 Acre Lot
  • Corner Lot

Parking

  • 1 Car Garage
  • Driveway

Home Design

  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,600 Sq Ft Home
  • 2-Story Property
  • 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
  • Interior Basement Entry

Location

  • City Lot

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Propane
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 303
  • Assessor Parcel Number OAKL-000014-000000-000303

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $4,486
  • Gross Income $23,064

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,358

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.27
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From Waterville take KMD towards Oakland. Take Pleasant Street to light. Apartment building is on corner of High St and Oak Street
  • Above Grade Finished Sq Ft: 1600.0
  • Architectural Style: Other
  • Garage Yn: Yes
  • Unit Levels: Multi-Level
  • Building Stories: 2
  • Year Built: 1920
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 124.38
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.27
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1600.0
  • Property Information:Garage: Yes
  • Site:Corner Lot: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 1.0
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:Shower: Yes
  • Property Information:Number of Units: 2
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 23064.0
  • Income Expenses Operating Expenses: 4485.9
  • Amenities:Bathtub: Yes
  • Foundation Materials:Granite2: Yes
  • Building Info:_pound_ Floors3: 2
  • Advertising Remarks:Advertising Remarks: Here is an opportunity to own an affordable 2-unit in the heart of Oakland! The first floor unit has beautiful hardwood floors, eat-in kitchen, full bath with tub, 2 bedrooms and washer/dryer hook-ups. The second floor unit is a one bedroom that features a full bath with tub, kitchen and washer/dryer hook-ups. There is a large attached garage for additional storage for tenant or landlord. This property is located in an ideal location with-n walking distance to multiple schools, shopping, banks & pharmacies. Just 3 miles to I-95 north or south and minutes to downtown Waterville. This is a perfect owner occupied or investment property! Call for a showing today!
  • Levels:Multi-Level3: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Interior, Full
  • Full Bathrooms: 2
  • Flooring: Wood, Vinyl
  • Interior Amenities: 1st Floor Bedroom, Bathtub, Shower
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Corner Lot, Intown, Near Shopping
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Granite
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: 1 - 4 Spaces, Paved

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • Electric: 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: 11761.2
  • Parcel #: OAKL-000014-000000-000303
  • Zoning: 13

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 23064.0
  • Annual Operating Expense: 4485.9

Tax Info

  • Tax Annual Amount: 1358.0
  • Tax Lot: 303
  • Tax Year: 2024

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/06/2024 03/06/24 Sold $178,500 -10.3% $112 / Sq Ft
01/19/2024 01/19/24 Pending -- -- --
01/11/2024 01/11/24 For Sale $199,000 +29.9% $124 / Sq Ft
02/17/2023 02/17/23 Sold $153,250 -4.2% $96 / Sq Ft View Prior Sale
09/07/2022 09/07/22 For Sale $160,000 +742.1% $100 / Sq Ft
02/15/2013 02/15/13 Sold $19,000 -58.6% $12 / Sq Ft View Prior Sale
01/18/2013 01/18/13 Pending -- -- --
08/31/2012 08/31/12 For Sale $45,900 -- $29 / Sq Ft
Source: Maine Listings

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 $1,547 $105,800 $17,000 $88,800
2023 $1,358 $94,300 $17,000 $77,300
2022 $1,373 $79,800 $15,400 $64,400
2021 $1,309 $79,800 $15,400 $64,400
2020 $1,309 $79,800 $15,400 $64,400
2019 $1,309 $79,800 $15,400 $64,400
2018 $1,309 $79,800 $15,400 $64,400
2017 $1,309 $79,800 $15,400 $64,400
2016 $1,237 $79,800 $15,400 $64,400
2015 $1,205 $79,800 $15,400 $64,400
2013 $1,134 $82,200 $22,000 $60,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1580269

Maine Listings

APN: OAKL-000014-000000-000303