NOT LISTED FOR SALE

439 4th St Old Town, ME 04468

Estimated Value: $240,000 - $290,000

5 Beds
3 Baths
2,000 Sq Ft
$132/Sq Ft Est. Value

Last Sold June 10, 2021

Last sale price $162,500 $81 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $1,722/month

1 Day on Market

Highlights

  • Nearby Water Access
  • No HOA
  • Porch
  • Farmhouse Style Home
  • 2 Car Detached Garage
  • Forced Air Heating System

About This Home

As of June 2021

Here's your next investment property. Grosses $2200 monthly. Newer natural gas furnace, concrete foundation and metal roof. Front porch, side porch, tarred driveway, w ample parking. Modern upgrades have been done. CLOSE TO UMO & BANGOR. NICE BACK YARD.

Last Agent to Sell the Property

Jody Hammond

EXP Realty Listed on: 04/14/2021

EXP Realty

Last Buyer's Agent

Michael Ellis

Realty of Maine

Realty of Maine

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,542

Year Built

  • Built in 1900

Lot Details

  • 6,098 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • 2,000 Sq Ft Home
  • Farmhouse Style Home
  • Concrete Foundation
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Doghouse Basement Entry
  • Exterior Basement Entry

Outdoor Features

  • Nearby Water Access
  • River Nearby
  • Porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 212
  • Assessor Parcel Number 439fourthstreetoldtown04468

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $5,500
  • Gross Income $26,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,542

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.14
  • MLS Status: Closed
  • Directions: CENTER STREET TO FOURTH STREET ON RIGHT. GO TO #439 NEAR END OF STREET
  • Above Grade Finished Sq Ft: 2000.0
  • Architectural Style: Farmhouse
  • Garage Yn: Yes
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.14
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2000.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Forced Air: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 2.0
  • Gas:Natural - On Site: Yes
  • Water Heater:Electric2: Yes
  • Vehicle Storage:Detached: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Roof:Metal: Yes
  • Heat Fuel:Gas Natural: Yes
  • Floors:Laminate: Yes
  • Basement Entry:Doghouse: Yes
  • Property Information:Number of Units: 3
  • Income Expenses Gross Income: 26400.0
  • Income Expenses Operating Expenses: 5500.0
  • Exterior:Wood Siding: Yes
  • Recreational Water:Nearby: Yes
  • Recreational Water:RiverBrookStream: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Exterior Entry, Doghouse, Bulkhead
  • Full Bathrooms: 3
  • Flooring: Laminate, Carpet
  • Interior Amenities: Storage
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Sidewalks, Near Town
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch
  • Roof: Metal
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Paved, Detached

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Hot 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: 6098.4
  • Parcel #: 439fourthstreetoldtown04468
  • Zoning: gen res

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 26400.0
  • Annual Operating Expense: 5500.0

Tax Info

  • Tax Annual Amount: 2542.0
  • Tax Book Number: 12396
  • Tax Lot: 212
  • Tax Map Number: 26
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2021
Closed on
Jun 10, 2021
Sold by
Reinzo Joan K and Reinzo-Yanush Jeanette L
Bought by
Callington Cap Mgmt Llc
Seller's Agent
Jody Hammond
EXP Realty
Buyer's Agent
Michael Ellis
Realty of Maine
List Price
$165,000
Sold Price
$162,500
Premium/Discount to List
-$2,500
-1.52%
Current Estimated Value
$264,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,030
Avg. Annual Appreciation
11.61%
Original Mortgage
$130,800
Outstanding Balance
$119,705
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$139,433
Source: Public Records

Range of Values:

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Average Value
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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
Callington Cap Mgmt Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Callington Cap Mgmt Llc $130,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2021 06/10/21 Sold $162,500 -1.5% $81 / Sq Ft
04/16/2021 04/16/21 Pending -- -- --
04/14/2021 04/14/21 For Sale $165,000 -- $83 / 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 $3,487 $197,000 $18,100 $178,900
2023 $3,490 $197,200 $18,100 $179,100
2022 $2,709 $129,000 $15,800 $113,200
2020 $2,876 $125,800 $15,300 $110,500
2019 $2,876 $125,800 $15,300 $110,500
2018 $2,876 $125,800 $15,300 $110,500
2017 $2,812 $125,800 $15,300 $110,500
2016 $2,653 $125,800 $15,300 $110,500
2015 $2,662 $125,800 $15,300 $110,500
2014 $2,542 $125,800 $15,300 $110,500
2013 $2,351 $125,800 $15,300 $110,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1487679

Maine Listings

APN: OLDN-000026-000000-000212