NOT LISTED FOR SALE

431 Northeast Rd Standish, ME 04084

Estimated Value: $546,000 - $640,000

5 Beds
4 Baths
3,264 Sq Ft
$179/Sq Ft Est. Value

Last Sold June 23, 2022

Last sale price $450,000 $138 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,631/month

68 Days on Market

Highlights

  • Lake Front
  • Public Beach
  • New Englander Architecture
  • Nearby Water Access
  • Wood Flooring
  • No HOA

About This Home

As of June 2022

Back on the market but showings cannot be scheduled until Saturday as tenants need notice. Well maintained 3 unit in Standish. First time on the market. Sebago Lake public boat launch visible from front yard. Don't miss this opportunity for a good investment. Standish residents have access to a beach on Sebago Lake a short drive away, only for Standish residents. Please no visits without an appointment as all units are occupied. Sale contingent upon the Buyer being willing to allow the Seller a Life Long Lease in Unit 1 with monthly rent payments made to the new owner. Gross Annual income does not include Unit 1 as it is owner occupied. Expenses listed are only property taxes and insurance expenses.

Last Agent to Sell the Property

Sheila Helmuth

Maine Real Estate Experts Listed on: 06/15/2022

Co-Listed By

Mark Floor

Maine Real Estate Experts

Last Buyer's Agent

Cindy Olsen

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,812

Year Built

  • Built in 1890

Lot Details

  • 0.8 Acre Lot
  • Lake Front
  • Public Beach
  • Open Lot
  • Lot Has A Rolling Slope

Parking

  • 1 Car Direct Access Garage
  • Subterranean Parking
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Driveway

Home Design

  • New Englander Architecture
  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 4 Full Bathrooms
  • 3,264 Sq Ft Home
  • Double Pane Windows
  • Water Views
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Vinyl

Unfinished Basement

  • Walk-Out Basement
  • Partial Basement
  • Interior Basement Entry

Outdoor Features

  • Nearby Water Access
  • Shed

Utilities

  • Cooling Available
  • Forced Air Zoned Heating System
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Heat Pump System
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Hot Water Heating System
  • Water Heated On Demand
  • Septic System
  • Septic Design Available
  • Private Sewer

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number STAN-000040-000000-000020

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $7,000
  • Gross Income $24,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,812

Year Built

Built in 1890

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.8
  • Road Surface Type: Paved
  • Water Body Name: Sebago Lake
  • Co List Office Mls Id: 3209
  • Co List Office Phone: 207-642-2100
  • MLS Status: Closed
  • Directions: There is no sign. Location is in the Village Center. GPS friendly.
  • Above Grade Finished Sq Ft: 3264.0
  • Architectural Style: New Englander
  • Garage Yn: Yes
  • Efficiency: Double Pane Windows
  • Year Built: 1890
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.8
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 3264.0
  • Property Information:Garage: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Heat Fuel:Propane: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Water Heater:On Demand: Yes
  • Property Information:Garage Spaces: 1.0
  • Exterior:Vinyl Siding: Yes
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Cooling:Heat Pump3: Yes
  • Amenities:Laundry - Hookup: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Roof:Metal: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Basement:Partial: Yes
  • Property Information:Number of Units: 3
  • Foundation Materials:Stone: Yes
  • Heat System:Multi-Zones: Yes
  • Income Expenses Gross Income: 24000.0
  • Income Expenses Operating Expenses: 7000.0
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Sewer:Private Sewer: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Site:RollingSloping: Yes
  • Property Information:Deed Restrictions: Unknown
  • Sewer:Septic Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Sewer:Septic Design Available: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Heat System:Direct Vent Heater: Yes
  • Style:New Englander: Yes
  • Vehicle Storage:Under: Yes
  • Other Structures:Shed: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Partial, Interior Entry, Walk-Out Access, Unfinished
  • Full Bathrooms: 4
  • Flooring: Wood, Vinyl, Other, Carpet

Exterior Features

  • Lot Features: Open Lot, Rolling Slope, Near Public Beach, Near Shopping, Near Town
  • Waterfront Features: Lake
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Stone, Concrete Perimeter
  • Other Structures: Shed(s)
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: 5 - 10 Spaces, Paved, On Site, Garage Door Opener, Inside Entrance, Underground

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Multi-Zones, Hot Water, Heat Pump, Forced Air, Direct Vent Heater, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Design Available, Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 34848.0
  • Parcel #: STAN-000040-000000-000020
  • Zoning: VC

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 24000.0
  • Annual Operating Expense: 7000.0

Tax Info

  • Tax Annual Amount: 3812.0
  • Tax Book Number: 28110
  • Tax Lot: 20
  • Tax Map Number: 40
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2024
Sold by
Le Hukhanh
Bought by
Wkre4 Llc
Current Estimated Value
$584,493

Purchase Details

Listed on
Jun 15, 2022
Closed on
Jun 23, 2022
Sold by
Irish Paul R and Irish Barbara A
Bought by
Le Huukhanh
Seller's Agent
Sheila Helmuth
Maine Real Estate Experts
Buyer's Agent
Cindy Olsen
Keller Williams Realty
List Price
$450,000
Sold Price
$450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.88%
Source: Public Records

Range of Values:

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List Price
Sold Price
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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
Wkre4 Llc $550,000 None Available
Le Huukhanh $450,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Irish Barbara A $577,500
Previous Owner Irish Barbara A $376,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2022 06/23/22 Sold $450,000 0.0% $138 / Sq Ft
06/14/2022 06/14/22 Pending -- -- --
04/06/2022 04/06/22 For Sale $450,000 -- $138 / 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 $4,840 $384,100 $58,200 $325,900
2023 $4,278 $308,900 $48,400 $260,500
2022 $3,985 $275,800 $42,900 $232,900
2021 $3,812 $254,100 $39,000 $215,100
2019 $3,609 $252,400 $37,300 $215,100
2018 $2,413 $173,600 $33,800 $139,800
2017 $2,300 $173,600 $33,800 $139,800
2016 $2,226 $173,600 $33,800 $139,800
2015 $2,220 $173,600 $33,800 $139,800
2013 $2,097 $173,600 $33,800 $139,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1523903

Maine Listings

APN: STAN-000040-000000-000020