$225,000
SOLD FEB 14, 2025

412 Knox St Rumford, ME 04276

-- Bed
3 Baths
2,496 Sq Ft
0.34 Acres

Recently Sold

$90 Per Sq Ft

13% Below List Price

179 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Bathtub
  • No HOA
  • Enclosed Glass Porch
  • Baseboard Heating

About This Home

As of February 2025

This 3 unit building has been well maintained for many years. All units are 2 bedroom 1 bath units. First floor unit has own laundry hook up, second and third floor have laundry in the basement. Beautiful wood flooring and window and door trim. First and third floor are currently vacant, ready to be rented to the right tenant. There is a detached two car garage. If you ever thought of buying you first rental property and looking to add to your investment portfolio, you should check this one out.

Last Agent to Sell the Property

Lynda Hebert

Hebert Realty Group Brokerage Email: info@hebertrealtygroup.com Listed on: 09/11/2024

Last Buyer's Agent

Amanda Vigue

Waypoint Brokers Collective

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,038

Year Built

  • Built in 1922

Lot Details

  • 0.34 Acre Lot
  • Level Lot
  • Open Lot

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,496 Sq Ft Home
  • Multi-Level Property

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Full Bathrooms
  • Bathtub

Unfinished Basement

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

Outdoor Features

  • Enclosed Glass Porch

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available

Listing and Financial Details

  • Tax Lot 102
  • Assessor Parcel Number RUMF-000112-000000-000102

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $11,151
  • Gross Income $41,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,038

Year Built

Built in 1922

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.34
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 2496.0
  • Architectural Style: Multi-Level
  • Garage Yn: Yes
  • Year Built: 1922
  • Attribution Contact: info@hebertrealtygroup.com
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.34
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2496.0
  • Property Information:Garage: Yes
  • 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
  • Heat Fuel:Oil: 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
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 3
  • Income Expenses Gross Income: 41700.0
  • Income Expenses Operating Expenses: 11151.0
  • Style:Multi-Level: Yes
  • Amenities:Bathtub: Yes
  • Property Information:Short Sale Continue to Show: No
  • Driveway:Gravel: Yes
  • Property Information:Bank Owned REO: No
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Flooring: Wood, Vinyl
  • Interior Amenities: Bathtub
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Patio And Porch Features: Glass Enclosed, Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 21+ Spaces, Gravel, Detached

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • 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: 14810.4
  • Parcel #: RUMF-000112-000000-000102
  • Zoning: none

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 41700.0
  • Annual Operating Expense: 11151.0

Tax Info

  • Tax Annual Amount: 2038.0
  • Tax Book Number: 3978
  • Tax Lot: 102
  • Tax Map Number: 112
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2024
Closed on
Feb 14, 2025
Sold by
Lafleur David R and Lafleur Sally J
Bought by
Stansbury Deborah A and Stansbury Jimmie A
Seller's Agent
Lynda Hebert
Hebert Realty Group
Buyer's Agent
Amanda Vigue
Waypoint Brokers Collective
List Price
$259,900
Sold Price
$225,000
Premium/Discount to List
-$34,900
-13.43%
Total Days on Market
179
Views
30
Current Estimated Value
$219,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,351
Avg. Annual Appreciation
-7.96%
Original Mortgage
$168,750
Outstanding Balance
$168,469
Interest Rate
6.93%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$51,180
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 Type Sale Price Title Company
Warranty Deed $225,000 None Available
Warranty Deed $225,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $168,750 Purchase Money Mortgage
Closed $168,750 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2025 02/14/25 Sold $225,000 -13.4% $90 / Sq Ft
01/22/2025 01/22/25 Pending -- -- --
09/11/2024 09/11/24 For Sale $259,900 0.0% $104 / Sq Ft
08/14/2024 08/14/24 Pending -- -- --
08/12/2024 08/12/24 For Sale $259,900 0.0% $104 / Sq Ft
08/02/2024 08/02/24 Pending -- -- --
07/26/2024 07/26/24 For Sale $259,900 -- $104 / 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 $2,137 $128,600 $21,300 $107,300
2023 $2,038 $91,900 $15,200 $76,700
2022 $2,038 $91,900 $15,200 $76,700
2021 $2,063 $91,900 $15,200 $76,700
2020 $2,077 $91,900 $15,200 $76,700
2019 $2,392 $78,430 $5,500 $72,930
2018 $2,333 $78,430 $5,500 $72,930
2017 $2,263 $78,430 $5,500 $72,930
2016 $2,196 $78,430 $5,500 $72,930
2015 $2,153 $78,430 $5,500 $72,930
2014 $2,114 $78,430 $5,500 $72,930
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1598302

Maine Listings

APN: RUMF-000112-000000-000102