NOT LISTED FOR SALE

45 Pleasant View Ridge Rd China, ME 04358

Estimated Value: $737,000 - $816,000

8 Beds
4 Baths
4,424 Sq Ft
$176/Sq Ft Est. Value

Last Sold November 30, 2022

Last sale price $625,000 $141 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $4,564/month

100 Days on Market

Highlights

  • Lake Front
  • Colonial Architecture
  • No HOA
  • 4.9 Acre Lot
  • Deck
  • 4 Car Detached Garage

About This Home

As of November 2022

One of the nicest and most well kept multi family properties around the area! 4 unit with all identical layout 2 bedroom units! 2 on the first floor and 2 on the second floor with a main stairwell in the middle. Each with their own back deck and storage room in basement. Two 2 car garages, large basement used as fitness area, covered picnic table area, large paved driveway, beautifully kept landscape/lawn areas and room to build more units on 4.9 acres of land! The current rents are well below market rents. These units should bring $1200 - $1400 per unit per month. Newer roof on house and one garage. 2nd story decks recently updated. Oil and/or Pellet Heat. Basically everything is in pristine condition. These units are set up like condo units and possibly could be! Great investment opportunity! Great location with an easy commute to Winslow, Waterville, Augusta & Belfast areas!

Last Agent to Sell the Property

Steven Chicoine

Keller Williams Realty Listed on: 09/20/2022

Keller Williams Realty

Last Buyer's Agent

Cindy Gannon

True North Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,541

Year Built

  • Built in 1996

Lot Details

  • 4.9 Acre Lot
  • Lake Front
  • Rural Setting
  • Landscaped
  • Open Lot

Parking

  • 4 Car Detached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 4 Full Bathrooms
  • 4,424 Sq Ft Home
  • Water Views

Flooring

  • Carpet
  • Laminate
  • Vinyl

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Deck

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Pellet Stove burns compressed wood to generate heat
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Tax Lot 68A
  • Assessor Parcel Number 45PleasantViewRidgeRoadChina04358

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $15,000
  • Gross Income $48,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,541

Year Built

Built in 1996

Lot Details

0

Parking

4

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 4.9
  • Road Surface Type: Paved
  • Water Body Name: China Lake
  • MLS Status: Closed
  • Directions: Lakeview Drive to Pleasant View Ridge Road. Travel almost 1/4 mile, Property on Right.
  • Above Grade Finished Sq Ft: 4424.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Year Built: 1996
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 4.9
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 4424.0
  • Property Information:Garage: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 4.0
  • Exterior:Vinyl Siding: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 4
  • Income Expenses Gross Income: 48600.0
  • Income Expenses Operating Expenses: 15000.0
  • Style:Colonial: Yes
  • Sewer:Private Sewer: Yes
  • Parking:Paved3: Yes
  • Location:Rural: Yes
  • Water:Private2: Yes
  • Heat Fuel:Pellets: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 4
  • Flooring: Vinyl, Laminate, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Open Lot, Landscaped, Rural
  • Waterfront Features: Lake
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features: 11 - 20 Spaces, Paved, Detached

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Utilities: Utilities On, Pole
  • Water Source: Private

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 213444.0
  • Parcel #: 45PleasantViewRidgeRoadChina04358
  • Zoning: Res

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 48600.0
  • Annual Operating Expense: 15000.0

Tax Info

  • Tax Annual Amount: 4541.0
  • Tax Book Number: 13075
  • Tax Lot: 68A
  • Tax Map Number: 63
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2022
Closed on
Nov 30, 2022
Sold by
Obrien Benjamin D and Obrien Christopher M
Bought by
Crist Andrew J
Seller's Agent
Steven Chicoine
Keller Williams Realty
Buyer's Agent
Cindy Gannon
True North Realty, Inc.
List Price
$700,000
Sold Price
$625,000
Premium/Discount to List
-$75,000
-10.71%
Views
6
Current Estimated Value
$779,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,756
Avg. Annual Appreciation
8.07%
Original Mortgage
$468,750
Outstanding Balance
$454,684
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$325,072

Purchase Details

Closed on
Jun 20, 2016
Sold by
Tukey Corp
Bought by
Obrien Michael and Obrien Christopher M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2005
Sold by
China Village Apts Inc
Bought by
Tukey Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,000
Interest Rate
5.59%
Mortgage Type
Purchase Money Mortgage
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
Crist Andrew J $625,000 None Available
Obrien Michael -- --
Tukey Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crist Andrew J $468,750
Previous Owner Obrien Michael $232,000
Previous Owner Tukey Corp $307,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2022 11/30/22 Sold $625,000 -10.7% $141 / Sq Ft
09/28/2022 09/28/22 Pending -- -- --
06/19/2022 06/19/22 For Sale $700,000 -- $158 / 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 $4,967 $424,500 $34,300 $390,200
2023 $4,410 $359,700 $31,200 $328,500
2022 $4,334 $359,700 $31,200 $328,500
2021 $4,542 $315,400 $31,200 $284,200
2020 $4,115 $276,200 $31,200 $245,000
2019 $4,238 $260,000 $31,200 $228,800
2018 $3,901 $246,900 $28,900 $218,000
2017 $3,926 $246,900 $28,900 $218,000
2016 $3,827 $246,900 $28,900 $218,000
2015 $3,852 $246,900 $28,900 $218,000
2014 $3,728 $246,900 $28,900 $218,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1533035

Maine Listings

APN: CHIN-000063-000068-A000000