NOT LISTED FOR SALE

44 Oak St Springvale, ME 04083

Estimated Value: $318,968 - $369,000

4 Beds
2 Baths
2,080 Sq Ft
$162/Sq Ft Est. Value

Last Sold December 22, 2023

Last sale price $299,000 $144 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,062/month

9 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Forced Air Heating System
  • Wood Flooring
  • Shed
  • Asbestos

About This Home

As of December 2023

Great investment opportunity, boasting tenants with a lengthy and strong rental history, reasonable rents, and a solid commuter location. This property consists of a 2 bedroom and 4 bedroom unit, both of which have one full bathroom. This is a desirable property as a money making investment, as well as an owner occupancy opportunity to have someone else help with your mortgage. Additional photos available upon request.

Showings start at the open house on Saturday 11/11/2023 from 10:00am-12:00pm.

Last Agent to Sell the Property

Scott Moreau

The Aland Realty Group, LLC Listed on: 11/08/2023

The Aland Realty Group, LLC

Co-Listed By

danielle doolin

The Aland Realty Group, LLC

Last Buyer's Agent

Chris McClain

Applevale Realty Inc.

Applevale Realty Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,144

Year Built

  • Built in 1900

Lot Details

  • 6,970 Sq Ft Lot
  • Level Lot

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Asbestos Siding
  • Asbestos

Interior Spaces

  • 2 Full Bathrooms
  • 2,080 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Carpet
  • Tile

Unfinished Basement

  • Interior and Exterior Basement Entry
  • Dirt Floor

Parking

  • Gravel Driveway
  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Shed

Utilities

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

Listing and Financial Details

  • Tax Block 0058A
  • Assessor Parcel Number SANF-000058A-L000016

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $5,725
  • Gross Income $31,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,144

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.16
  • Road Surface Type: Paved
  • Co List Office Phone: 603-501-0463
  • MLS Status: Closed
  • Directions: Use GPS. Address may come up as ''44 Oak Street, Springvale, ME''.
  • Above Grade Finished Sq Ft: 2080.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 149.04
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.16
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2080.0
  • 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:Forced Air: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:Stone: Yes
  • Income Expenses Gross Income: 31800.0
  • Income Expenses Operating Expenses: 5725.0
  • Parking:On Site2: Yes
  • Style:Colonial: Yes
  • Basement:Dirt Floor: Yes
  • Driveway:Gravel: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Exterior:Asbestos: Yes
  • Building Info:_pound_ Floors3: 3
  • Other Structures:Shed: Yes
  • Advertising Remarks:Advertising Remarks: Showings start at the open house on Saturday 11/11/2023 from 10:00am-12:00pm.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Dirt Floor, Exterior Entry, Bulkhead, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Flooring: Wood, Tile, Other, Carpet
  • Stories: 3

Exterior Features

  • Lot Features: Level, Sidewalks, Near Town
  • Waterfront: No
  • Construction Type: Asbestos, Wood Frame
  • Foundation Details: Stone
  • Other Structures: Shed(s)
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel, On Site, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: 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: 6969.6
  • Parcel #: SANF-000058A-L000016
  • Zoning: SFR

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 31800.0
  • Annual Operating Expense: 5725.0

Tax Info

  • Tax Annual Amount: 3144.0
  • Tax Block: 0058A
  • Tax Lot: 0000
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2023
Closed on
Dec 22, 2023
Sold by
Boynton Justin I
Bought by
Maravalli Bradley
Seller's Agent
Scott Moreau
The Aland Realty Group, LLC
Buyer's Agent
Chris McClain
Applevale Realty Inc.
List Price
$310,000
Sold Price
$299,000
Premium/Discount to List
-$11,000
-3.55%
Current Estimated Value
$336,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,242
Avg. Annual Appreciation
6.27%
Original Mortgage
$284,050
Outstanding Balance
$278,853
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$57,389

Purchase Details

Closed on
Apr 29, 2008
Sold by
Glover Dennis A and Obrien Eileen P
Bought by
Boynton Justin I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,288
Interest Rate
6.22%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Maravalli Bradley -- None Available
Boynton Justin I -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maravalli Bradley $284,050
Previous Owner Boynton Justin I $153,288
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2023 12/22/23 Sold $299,000 -3.5% $144 / Sq Ft
11/17/2023 11/17/23 Pending -- -- --
11/08/2023 11/08/23 For Sale $310,000 -- $149 / 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 $3,581 $209,400 $33,200 $176,200
2024 $3,380 $209,400 $33,200 $176,200
2023 $3,143 $207,600 $33,200 $174,400
2022 $3,072 $207,600 $33,200 $174,400
2021 $2,740 $150,700 $33,200 $117,500
2020 $2,730 $135,400 $33,200 $102,200
2019 $2,660 $128,500 $33,200 $95,300
2018 $2,634 $128,500 $33,200 $95,300
2017 $2,665 $128,500 $33,200 $95,300
2016 $2,417 $106,300 $33,200 $73,100
2015 $2,374 $107,700 $33,200 $74,500
2014 $2,296 $104,600 $33,200 $71,400
2013 -- $106,200 $33,200 $73,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1576950

Maine Listings

APN: SANF-000058A-L000016