NOT LISTED FOR SALE

43 River St Sanford, ME 04073

-- Bed
9 Baths
9,341 Sq Ft
5,663 Sq Ft Lot

Last Sold April 25, 2022

Last sale price $3,950,000 $423 Per Sq Ft

99 Days on Market

Highlights

  • River Front
  • No HOA
  • Forced Air Heating System
  • Wood Flooring
  • Porch
  • Hot Water Heating System

About This Home

As of April 2022

This home is located at 43 River St, Sanford, ME 04073 since 10 August 2021. This property was built in 1920. 43 River St is a home located in York County with nearby schools including St Thomas Consolidated School and Sanford Christian Academy.

Last Agent to Sell the Property

Chris Gallagher

The Boulos Company Listed on: 08/10/2021

Co-Listed By

Joseph Italiaander

The Boulos Company

Last Buyer's Agent

Joseph Italiaander

The Boulos Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,151

Year Built

  • Built in 1920

Lot Details

  • 5,663 Sq Ft Lot
  • River Front
  • Open Lot

Home Design

  • Flat Roof Shape
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Tar and Gravel Roof
  • Wood Siding

Interior Spaces

  • 9 Full Bathrooms
  • Multi-Level Property
  • Water Views
  • Unfinished Basement
  • Exterior Basement Entry

Flooring

  • Wood
  • Laminate
  • Tile

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Hot Water Heating System
  • Water Heater

Additional Features

  • Porch
  • City Lot

Listing and Financial Details

  • Tax Lot 28
  • Assessor Parcel Number SANF-000028-J000027

Community Details

Overview

  • No Home Owners Association
  • 9 Units

Building Details

  • Operating Expense $27,098
  • Gross Income $108,984

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,151

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.13
  • Water Body Name: Mousam River
  • Co List Office Phone: 207-772-1333
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 7065.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Year Built: 1920
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 155.7
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.13
  • Property Information:Total Baths: 9.0
  • Property Information:SqFt Finished Above Grade: 7065.0
  • Property Information:SqFt Finished Below Grade: 2276.0
  • Property Information:Garage: No
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement:Unfinished: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 9
  • Income Expenses Gross Income: 108984.0
  • Income Expenses Operating Expenses: 27098.0
  • Style:Multi-Level: Yes
  • Exterior:Wood Siding: Yes
  • Roof:Pitched: Yes
  • Water Heater:Tank: Yes
  • Basement Entry:Exterior Only: Yes
  • Roof:Flat: Yes
  • Roof:TarGravel: Yes
  • Advertising Remarks:Advertising Remarks: Two multi-family buildings renovated within the last 5 years. Nine (9) units comprised of (3) 1-bedroom units, (3) 2-bedroom units and (3) 4-bedroom units Value Add opportunity Nine (9) deeded off-street parking spaces Great Central Sanford location
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Exterior Only, Unfinished
  • Full Bathrooms: 9
  • Below Grade Sq Ft: 2276.0
  • Flooring: Wood, Tile, Laminate

Exterior Features

  • Lot Features: Open Lot, Intown, Near Shopping, Neighborhood
  • Waterfront Features: River
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Patio And Porch Features: Porch
  • Roof: Flat, Pitched, Shingle, Tar/Gravel
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Other

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Forced Air
  • 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: 5662.8
  • Parcel #: SANF-000028-J000027
  • Zoning: Urban

Multi Family

  • Number Of Units Total: 9
  • Annual Gross Income: 108984.0
  • Annual Operating Expense: 27098.0

Tax Info

  • Tax Annual Amount: 8150.69
  • Tax Lot: 28
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2021
Closed on
Apr 22, 2022
Sold by
Heptig Bonnie M
Bought by
561 Properties Llc
Seller's Agent
Chris Gallagher
The Boulos Company
Buyer's Agent
Joseph Italiaander
The Boulos Company
List Price
$1,100,000
Sold Price
$3,950,000
Premium/Discount to List
$2,850,000
259.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,680,000
Outstanding Balance
$1,565,575
Interest Rate
3.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 13, 2015
Sold by
Sanford Rt and Snow
Bought by
Heptig Bonnie M

Purchase Details

Closed on
Oct 31, 2005
Sold by
Snow Cynthia F
Bought by
Sanford Rt and Snow
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
561 Properties Llc $1,640,968 None Available
Heptig Bonnie M -- --
Sanford Rt -- --
Sanford Rt -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 561 Properties Llc $1,680,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2022 04/25/22 Sold $3,950,000 +259.1% $423 / Sq Ft
11/18/2021 11/18/21 Pending -- -- --
08/10/2021 08/10/21 For Sale $1,100,000 -- $118 / 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
2025 $12,271 $717,600 $30,000 $687,600
2024 $11,582 $717,600 $30,000 $687,600
2023 $10,825 $715,000 $30,000 $685,000
2022 $10,582 $715,000 $30,000 $685,000
2021 $7,516 $413,400 $30,000 $383,400
2020 $8,151 $404,300 $30,000 $374,300
2019 $5,343 $258,100 $30,000 $228,100
2018 $5,640 $275,100 $30,000 $245,100
2017 $6,857 $330,600 $30,000 $300,600
2016 $6,990 $307,400 $30,100 $277,300
2015 $5,702 $258,700 $30,100 $228,600
2014 $5,593 $258,700 $30,100 $228,600
2013 -- $258,700 $30,100 $228,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1504494

Maine Listings

APN: SANF-000028-J000027