A
Seller's Agent in 2021
Amy Tarbox
Bean Group
Estimated Value: $462,597 - $675,000
3
Beds
2
Baths
2,000
Sq Ft
$268/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- No HOA
- Baseboard Heating
- Wooded Lot
- Shed
- Level Lot
About This Home
As of May 2021Priced out of the single-family market? Looking to add to your investment portfolio? This practical 2-unit is a magnificent opportunity. Two separate units allow for living in one, while obtaining rental income from the other unit. Nested on a large, 1.84 acre lot in a quaint, New England, residential neighborhood. Surrounded by trees, this setting is private and serene. Beauty abounds. The level backyard oasis is perfect for throwing balls, summer campfires, or soaking up the magnificent summertime sun. The location has it all with access to I-95 nearby and several lakes just around the corner. Portland and Lewiston/Auburn amenities are just a short drive away. Situated near Pineland Farms, one of the area's most desired outdoor destinations. You and/or your tenants can enjoy the numerous recreational trails there, offering an array of activities, from hiking to mountain biking, snowshoeing to cross country skiing, and more. Pick up farm fresh foods from the Pineland Farms market; all just a few minutes away.
Each unit has 2 bedrooms, 1,000sqft of living space, it's own washer/dryer, separate parking area, private entrance, and separated utilities. Both units are tastefully updated featuring one unit with new white kitchen cabinetry, granite countertops, stainless steel refrigerator, new flooring, light fixtures and renovated bathroom. Plentiful storage provided in the sheds. Here is your chance to own income producing property in Maine; one of America's premier destinations.
Let this property be the anchor of your Quintessential rural Maine lifestyle.
Last Agent to Sell the Property
Amy Tarbox
Bean Group Listed on: 03/24/2021
Last Buyer's Agent
Laurie Roberge
The Real Estate Store
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,288
Year Built
- Built in 1985
Lot Details
- 1.84 Acre Lot
- Level Lot
- Wooded Lot
Home Design
- 2,000 Sq Ft Home
- Duplex
- Colonial Architecture
- Slab Foundation
- Wood Frame Construction
- Shingle Roof
- Wood Siding
- Radon Mitigation System
Flooring
- Carpet
- Laminate
- Vinyl
Laundry
- Laundry on main level
- Washer and Dryer Hookup
Parking
- Driveway
- Paved Parking
- Off-Street Parking
Utilities
- No Cooling
- Heating System Uses Propane
- Heating System Mounted To A Wall or Window
- Baseboard Heating
- Private Water Source
- Electric Water Heater
- Private Sewer
Additional Features
- 2 Full Bathrooms
- Shed
Listing and Financial Details
- Tax Lot 16-54
- Assessor Parcel Number GRAY-000009-000016-000054
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Operating Expense $4,744
- Gross Income $29,100
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 24, 2021
Closed on
May 17, 2021
Sold by
Tarbox Matthew D and Tarbox Amy E
Bought by
Sotir Nicholas V
Seller's Agent
Amy Tarbox
Bean Group
Buyer's Agent
Laurie Roberge
The Real Estate Store
List Price
$374,000
Sold Price
$395,000
Premium/Discount to List
$21,000
5.61%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,899
Avg. Annual Appreciation
6.97%
Original Mortgage
$387,845
Outstanding Balance
$349,986
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$185,913
Purchase Details
Closed on
Aug 28, 2012
Sold by
Tarbox Matthew D
Bought by
Tarbox Matthew D and Tarbox Amy E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,392
Interest Rate
3.61%
Mortgage Type
FHA
Purchase Details
Closed on
Aug 11, 2005
Sold by
Giggey Dana W and Giggey Sharon C
Bought by
Tarbox Matthew D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,405
Interest Rate
5.54%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sotir Nicholas V | -- | None Available | |
| Tarbox Matthew D | -- | -- | |
| Tarbox Matthew D | -- | -- | |
| Tarbox Matthew D | -- | -- | |
| Tarbox Matthew D | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sotir Nicholas V | $387,845 | |
| Previous Owner | Tarbox Matthew D | $205,392 | |
| Previous Owner | Tarbox Matthew D | $230,405 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/17/2021 05/17/21 | Sold | $395,000 | +5.6% | $198 / Sq Ft |
| 03/30/2021 03/30/21 | Pending | -- | -- | -- |
| 03/24/2021 03/24/21 | For Sale | $374,000 | -- | $187 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $3,940 | $407,000 | $137,500 | $269,500 |
| 2024 | $3,948 | $407,000 | $137,500 | $269,500 |
| 2023 | $3,780 | $249,000 | $65,000 | $184,000 |
| 2022 | $3,474 | $249,000 | $65,000 | $184,000 |
| 2021 | $3,257 | $222,900 | $65,000 | $157,900 |
| 2020 | $3,288 | $222,900 | $65,000 | $157,900 |
| 2019 | $3,286 | $222,800 | $64,900 | $157,900 |
| 2018 | $3,119 | $222,800 | $64,900 | $157,900 |
| 2017 | $3,165 | $166,600 | $56,000 | $110,600 |
| 2016 | $3,049 | $166,600 | $56,000 | $110,600 |
| 2015 | $3,025 | $166,200 | $56,000 | $110,200 |
| 2014 | $3,025 | $166,200 | $56,000 | $110,200 |
| 2012 | $2,598 | $163,933 | $56,000 | $107,933 |
Source: Public Records
Agents Affiliated with this Home
-
-
L
Buyer's Agent in 2021
Laurie Roberge
The Real Estate Store
Map
Source: Maine Listings
MLS Number: 1485264
APN: GRAY-000009-000016-000054
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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