NOT LISTED FOR SALE

42 Grace St Rockland, ME 04841

Estimated Value: $321,027 - $363,000

4 Beds
2 Baths
1,332 Sq Ft
$252/Sq Ft Est. Value

Last Sold February 10, 2022

Last sale price $248,000 $186 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,118/month

549 Days on Market

Highlights

  • Nearby Water Access
  • The property is located in a historic district
  • Property is near public transit
  • Public Beach
  • Cape Cod Architecture
  • No HOA

About This Home

As of February 2022

Centrally located duplex with excellent rental history located on a quiet in town street. This property is close to Rockland's shops, restaurants, the harbor, parks, library, Farnsworth Art Museum, Post Office. Purchase this property as an investment or live on one side and rent the other to help offset your expenses. Historic building built during the Buchanan Administration and during Rockland's ship-building era.

Last Agent to Sell the Property

Victoria Condon

Dwelling In Maine Listed on: 02/13/2021

Last Buyer's Agent

Seth Cohn

RE/MAX JARET & COHN

RE/MAX JARET & COHN

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,093

Year Built

  • Built in 1860

Lot Details

  • 6,098 Sq Ft Lot
  • Public Beach
  • Level Lot

Parking

  • Gravel Driveway

Home Design

  • Cape Cod Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 1,332 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Vinyl

Basement

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

Outdoor Features

  • Nearby Water Access

Location

  • Property is near public transit
  • The property is located in a historic district
  • City Lot

Utilities

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

Listing and Financial Details

  • Tax Lot 10001
  • Assessor Parcel Number ROCD-000020A-000000-010001

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $17,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,093

Year Built

Built in 1860

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.14
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: On Grace Street in Rockland between High Street and Broad.
  • Above Grade Finished Sq Ft: 1332.0
  • Architectural Style: Cape
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1860
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.14
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1332.0
  • 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:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 17100.0
  • Location:Near Public Beach: Yes
  • Location:Historic District: Yes
  • Recreational Water:Nearby: Yes
  • Driveway:Gravel: Yes
  • Property Information:Bank Owned REO: No
  • Location:Near Railroad: Yes
  • Building Info:_pound_ Floors3: 2
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full, Interior Entry
  • Full Bathrooms: 2
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Sidewalks, Historic District, Intown, Near Public Beach, Near Shopping, Near Town, Neighborhood, Near Railroad
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: RSU 13

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6098.4
  • Parcel #: ROCD-000020A-000000-010001
  • Zoning: Historic District

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 17100.0

Tax Info

  • Tax Annual Amount: 3093.0
  • Tax Book Number: 3863
  • Tax Lot: 10001
  • Tax Map Number: 20A
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 27, 2007
Sold by
Mitchell Carolyn P
Bought by
Maddox William S
Current Estimated Value
$335,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,600
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Maddox William S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Maddox William S $105,000
Closed Maddox William S $120,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2022 02/10/22 Sold $248,000 -4.2% $186 / Sq Ft
01/29/2022 01/29/22 Pending -- -- --
07/28/2020 07/28/20 For Sale $259,000 -- $194 / 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 $3,479 $142,100 $37,800 $104,300
2023 $3,449 $142,100 $37,800 $104,300
2022 $3,449 $142,100 $37,800 $104,300
2021 $3,211 $142,100 $37,800 $104,300
2020 $3,169 $142,100 $37,800 $104,300
2019 $3,093 $124,900 $26,400 $98,500
2018 $2,883 $124,900 $26,400 $98,500
2017 $2,783 $124,900 $26,400 $98,500
2016 $2,713 $124,900 $26,400 $98,500
2015 $2,648 $124,900 $26,400 $98,500
2014 $2,518 $124,900 $26,400 $98,500
2013 $2,438 $124,900 $26,400 $98,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1462171

Maine Listings

APN: ROCD-000020A-000000-010001