NOT LISTED FOR SALE

402 4th St Old Town, ME 04468

Estimated Value: $232,000 - $286,000

4 Beds
2 Baths
1,765 Sq Ft
$144/Sq Ft Est. Value

Last Sold June 01, 2021

Last sale price $145,000 $82 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $1,664/month

Highlights

  • Wood Flooring
  • Interior Lot
  • Baseboard Heating
  • No HOA
  • Zoned Heating
  • 1 Car Garage

About This Home

As of June 2021

This home is located at 402 4th St, Old Town, ME 04468 since 26 March 2021 and is currently estimated at $253,499, approximately $143 per square foot. This property was built in 1900. 402 4th St is a home located in Penobscot County with nearby schools including Old Town Elementary School, Leonard Middle School, and Old Town High School.

Last Agent to Sell the Property

Augustine Ofili

ERA Dawson-Bradford Co. Listed on: 03/26/2021

ERA Dawson-Bradford Co.

Last Buyer's Agent

Augustine Ofili

ERA Dawson-Bradford Co. Listed on: 03/26/2021

ERA Dawson-Bradford Co.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,239

Year Built

  • Built in 1900

Lot Details

  • 7,405 Sq Ft Lot
  • Interior Lot
  • Open Lot

Parking

  • 1 Car Garage
  • Driveway

Home Design

  • Brick Foundation
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 1,765 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Carpet
  • Vinyl

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Utilities

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

Listing and Financial Details

  • Tax Lot 180
  • Assessor Parcel Number OLDN-000026-000000-000180

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $8,350
  • Gross Income $18,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,239

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.17
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1765.0
  • Architectural Style: Other Style
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.17
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1765.0
  • Property Information:Garage: 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
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Property Information:Garage Spaces: 1.0
  • Exterior:Vinyl Siding: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:BrickMortar2: Yes
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 18000.0
  • Income Expenses Operating Expenses: 8350.0
  • Foundation Materials:Block3: Yes
  • Gas:Natural - At Street: Yes
  • Basement Entry:Exterior Only: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full, Exterior Only, Unfinished
  • Full Bathrooms: 2
  • Flooring: Wood, Vinyl, Carpet
  • Full Basement: Yes
  • Location:Interior Lot: Yes

Exterior Features

  • Lot Features: Open Lot, Sidewalks, Interior Lot, Near Town
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Block, Brick/Mortar
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: 5 - 10 Spaces, Paved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Baseboard, Hot 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: 7405.2
  • Parcel #: OLDN-000026-000000-000180
  • Zoning: Unknown

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 18000.0
  • Annual Operating Expense: 8350.0

Tax Info

  • Tax Annual Amount: 3239.0
  • Tax Book Number: 13246
  • Tax Lot: 180
  • Tax Map Number: 26
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2021
Closed on
Jun 1, 2021
Sold by
Wang Qiong and Chen Changfeng
Bought by
Winbo Llc
Seller's Agent
Augustine Ofili
ERA Dawson-Bradford Co.
Buyer's Agent
Augustine Ofili
ERA Dawson-Bradford Co.
List Price
$145,000
Sold Price
$145,000
Current Estimated Value
$253,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,499
Avg. Annual Appreciation
12.71%
Original Mortgage
$116,000
Outstanding Balance
$105,934
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$134,927

Purchase Details

Listed on
Apr 2, 2013
Closed on
Jul 5, 2013
Sold by
Wang Qiong
Bought by
Wang Qiong and Chen Changfeng
Seller's Agent
John Colannino
ERA Dawson-Bradford Co.
Buyer's Agent
John Colannino
ERA Dawson-Bradford Co.
List Price
$134,000
Sold Price
$123,000
Premium/Discount to List
-$11,000
-8.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.10%
Original Mortgage
$98,400
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Apr 2, 2013
Closed on
Jul 1, 2013
Sold by
Baillargeon Steven P and Baillargeon Stephanie L
Bought by
Wang Qiong
Seller's Agent
John Colannino
ERA Dawson-Bradford Co.
Buyer's Agent
John Colannino
ERA Dawson-Bradford Co.
List Price
$134,000
Sold Price
$123,000
Premium/Discount to List
-$11,000
-8.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,400
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Winbo Llc -- None Available
Wang Qiong -- --
Wang Qiong -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Winbo Llc $116,000
Previous Owner Wang Qiong $98,400
Previous Owner Baillargeon Steven P $124,107
Previous Owner Baillargeon Steven P $124,107
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2021 06/01/21 Sold $145,000 0.0% $82 / Sq Ft
03/27/2021 03/27/21 Pending -- -- --
03/26/2021 03/26/21 For Sale $145,000 +17.9% $82 / Sq Ft
06/28/2013 06/28/13 Sold $123,000 -8.2% $77 / Sq Ft
04/17/2013 04/17/13 Pending -- -- --
04/09/2013 04/09/13 For Sale $134,000 -- $84 / 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 $3,384 $191,200 $18,200 $173,000
2023 $3,384 $191,200 $18,200 $173,000
2022 $3,030 $144,300 $15,800 $128,500
2020 $3,239 $141,700 $15,300 $126,400
2019 $3,239 $141,700 $15,300 $126,400
2018 $3,239 $141,700 $15,300 $126,400
2017 $3,167 $141,700 $15,300 $126,400
2016 $2,988 $141,700 $15,300 $126,400
2015 $2,998 $141,700 $15,300 $126,400
2014 $2,864 $141,700 $15,300 $126,400
2013 $2,648 $141,700 $15,300 $126,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1485627

Maine Listings

APN: OLDN-000026-000000-000180