Seller's Agent in 2023
Cathy Fifield
Keller Williams Realty
(207) 879-9800
15 in this area
147 Total Sales
42 N Main St Mechanic Falls, ME 04256
Mechanic Falls NeighborhoodEstimated Value: $240,000 - $289,363
4
Beds
3
Baths
1,724
Sq Ft
$155/Sq Ft
Est. Value
Highlights
- Cape Cod Architecture
- Main Floor Bedroom
- No HOA
- Wood Flooring
- 1 Fireplace
- In-Law or Guest Suite
About This Home
As of August 2023Fantastic opportunity! This charming 3 bedroom, 2 bath Cape-style home features a newly updated in-law apartment that offers the potential for additional income. The exterior of the house boasts a metal roof, low-maintenance vinyl siding, and newer windows installed in 2013. While the interior of the house requires some TLC, it presents an excellent opportunity for buyers to personalize and customize the space to their liking. Great potential to add value! Situated on a beautiful lot with a well-maintained yard, this home offers an inviting outdoor space for various activities and leisure. Convenience is key with this property, as it is located within walking distance to stores and restaurants. This allows for easy access to everyday amenities and the pleasure of strolling to nearby dining options. Don't miss the opportunity to make this house your own and enjoy a comfortable and convenient lifestyle!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,725
Year Built
- Built in 1900
Lot Details
- 0.42 Acre Lot
- Rural Setting
- Landscaped
- Level Lot
- Open Lot
- Property is zoned Downtown Business 2
Home Design
- Cape Cod Architecture
- Farmhouse Style Home
- Brick Foundation
- Stone Foundation
- Wood Frame Construction
- Pitched Roof
- Metal Roof
- Vinyl Siding
Interior Spaces
- 1,724 Sq Ft Home
- 1 Fireplace
- Living Room
- Dining Room
- Stove
Flooring
- Wood
- Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- Main Floor Bedroom
- Primary bedroom located on second floor
- In-Law or Guest Suite
- 3 Full Bathrooms
Laundry
- Laundry on main level
- Washer and Dryer Hookup
Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
- Crawl Space
Parking
- Gravel Driveway
- On-Site Parking
- Off-Street Parking
Utilities
- No Cooling
- Zoned Heating
- Heating System Uses Oil
- Pellet Stove burns compressed wood to generate heat
- Baseboard Heating
- Hot Water Heating System
- Natural Gas Not Available
Additional Features
- Outbuilding
- City Lot
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 21
- Assessor Parcel Number MECH-000019-000000-000021
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 20, 2023
Closed on
Aug 1, 2023
Sold by
Yates Matthew F and Yates Elizabeth A
Bought by
Foss Heather
Seller's Agent
Cathy Fifield
Keller Williams Realty
Buyer's Agent
Elaine Pratte
Bean Group
List Price
$199,000
Sold Price
$225,000
Premium/Discount to List
$26,000
13.07%
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
$42,091
Avg. Annual Appreciation
10.09%
Original Mortgage
$220,923
Outstanding Balance
$217,276
Interest Rate
6.67%
Mortgage Type
FHA
Estimated Equity
$49,211
Purchase Details
Closed on
Oct 1, 2009
Sold by
Hodge Richard E and Hodge Leilani
Bought by
Yates Matthew F and Yates Elizabeth A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,300
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Foss Heather | $225,000 | None Available | |
| Yates Matthew F | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Foss Heather | $220,923 | |
| Previous Owner | Harlow Elizabeth A | $2,425 | |
| Previous Owner | Harlow Elizabeth A | $0 | |
| Previous Owner | Yates Matthew F | $66,300 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/01/2023 08/01/23 | Sold | $225,000 | +13.1% | $131 / Sq Ft |
| 06/20/2023 06/20/23 | For Sale | $199,000 | -- | $115 / Sq Ft |
| 06/19/2023 06/19/23 | Pending | -- | -- | -- |
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 |
|---|---|---|---|---|
| 2024 | $3,300 | $214,310 | $43,427 | $170,883 |
| 2023 | $3,000 | $214,310 | $43,427 | $170,883 |
| 2022 | $2,725 | $122,477 | $20,824 | $101,653 |
| 2021 | $2,646 | $122,477 | $20,824 | $101,653 |
| 2020 | $2,379 | $122,477 | $20,824 | $101,653 |
| 2019 | $2,859 | $122,477 | $20,824 | $101,653 |
| 2018 | $2,670 | $122,477 | $20,824 | $101,653 |
| 2017 | $2,694 | $122,477 | $20,824 | $101,653 |
| 2016 | $2,611 | $122,477 | $20,824 | $101,653 |
| 2015 | $2,621 | $122,477 | $20,824 | $101,653 |
| 2014 | $2,597 | $122,477 | $20,824 | $101,653 |
Source: Public Records
Agents Affiliated with this Home
-
Cathy Fifield
-
Matthew Fifield
Seller Co-Listing Agent in 2023
Matthew Fifield
Keller Williams Realty
(207) 577-0274
5 in this area
35 Total Sales
-
E
Buyer's Agent in 2023
Elaine Pratte
Bean Group
Map
Similar Home in Mechanic Falls, ME
-
$298,000
- 5 Beds
- 2 Baths
- 1,943 Sq Ft
- 18 High St
- Mechanic Falls, ME
Don't miss out on this unique cash-flowing opportunity in Mechanic Falls! This expansive property boasts a fully renovated main home spread over two floors with 3 spacious bedrooms, 1 modern bath, and a private kitchen—ideal for comfortable family living. On the first floor, discover a complete 2-bedroom in-law apartment perfect for extended family or rental income, with convenient washer and
Jennifer Sumrall Keller Williams Realty
Source: Maine Listings
MLS Number: 1560537
APN: MECH-000019-000000-000021
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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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