NOT LISTED FOR SALE

42 Blueberry Ln Gray, ME 04039

Gray Area

Estimated Value: $458,877 - $621,000

3 Beds
2 Baths
2,000 Sq Ft
$256/Sq Ft Est. Value

Sale Details

Date Sold: May 17, 2021

Last sale price $395,000 $198 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,143 / mo

5 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Property is near shops
  • Wooded Lot
  • Shed
  • Baseboard Heating

About This Home

As of May 2021

Priced 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
  • Property fronts a freeway
  • 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
  • Property is near shops

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,288

Year Built

Built in 1985

Lot Details

1.84 Acres

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 1.84
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Route 26 (Shaker Road) to Blueberry Lane, #42 on right
  • Above Grade Finished Sq Ft: 2000.0
  • Architectural Style: Duplex, Colonial
  • Garage Yn: No
  • Year Built: 1985
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 187.0
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.84
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2000.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Foundation Materials:Slab: Yes
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 2
  • Income Expenses Gross Income: 29100.0
  • Income Expenses Operating Expenses: 4744.04
  • Exterior:Wood Siding: Yes
  • Style:Colonial: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Style:Duplex: Yes
  • Basement:Slab2: Yes
  • Water:Private2: Yes
  • Site:Wooded: Yes
  • Heat System:Direct Vent Heater: Yes
  • Equipment:Air Radon Mitigation System: Yes
  • Other Structures:Shed: Yes
  • Advertising Remarks:Advertising Remarks: Priced 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.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Not Applicable
  • Full Bathrooms: 2
  • Flooring: Vinyl, Laminate, Carpet

Exterior Features

  • Lot Features: Level, Wooded, Near Shopping, Near Turnpike/Interstate, Neighborhood
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Slab
  • Other Structures: Shed(s)
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 11 - 20 Spaces, Paved, Off Street

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Utilities: Utilities On
  • Water Source: Private

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 80150.4
  • Parcel #: GRAY-000009-000016-000054
  • Zoning: RRA

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 29100.0
  • Annual Operating Expense: 4744.04

Tax Info

  • Tax Annual Amount: 3288.0
  • Tax Lot: 16-54
  • Tax Year: 2021

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2021
Closed on
May 17, 2021
Sold by
Bought by
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
$512,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,719
Avg. Annual Appreciation
5.13%
Original Mortgage
$387,845
Interest Rate
0.031%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 28, 2012
Sold by
Bought by

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
0.0361%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 11, 2005
Sold by
Bought by

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
0.0554%
Mortgage Type
FHA
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $387,845
Previous Owner $205,392
Closed $230,405
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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Map

Source: Maine Listings

MLS Number: 1485264

Maine Listings

APN: GRAY-000009-000016-000054

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