NOT LISTED FOR SALE

468 Ossipee Trail Limington, ME 04049

Limington Neighborhood

Estimated Value: $366,000 - $467,206

-- Bed
2 Baths
2,408 Sq Ft
$182/Sq Ft Est. Value

Last Sold September 15, 2023

Last sale price $400,000 $166 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,685/month

77 Days on Market

Highlights

  • Scenic Views
  • Wooded Lot
  • No HOA
  • 3.7 Acre Lot
  • Main Floor Bedroom
  • Bathtub

About This Home

As of September 2023

Looking for a home but need some help with your mortgage? How about a lucrative investment opportunity to add to your portfolio? Look no further than this Limington duplex! This single floor duplex consists of two units, each featuring a bright, eat-in kitchen, a large living room and three spacious bedrooms with plenty of closet space. Topping off each space is an oversized full bathroom with a large closet and even a laundry room. Reside in one side, while renting out the other side and have your mortgage paid! Great rental history and sitting on 3.7 beautiful acres. Conveniently located off Route 25, this duplex is next door to Cornish, a charming town full of antique shops and renowned restaurants. Just a 35 minute drive to Portland and Biddeford, and a 40 minute commute to Conway, NH makes for an easy work commute. Storage sheds for tenant's use at each unit offer an added convenience. You can't go wrong with this income property or investment, jump at this opportunity before it's gone!

Last Agent to Sell the Property

Carla Wakefield

Maine Real Estate Experts Listed on: 05/31/2023

Last Buyer's Agent

Elisabeth Marcisso

Real Broker

Real Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,535

Year Built

  • Built in 1997

Lot Details

  • 3.7 Acre Lot
  • Rural Setting
  • Landscaped
  • Open Lot
  • Lot Has A Rolling Slope
  • Wooded Lot

Parking

  • Gravel Driveway

Property Views

  • Scenic Vista
  • Woods
  • Mountain

Home Design

  • 2,408 Sq Ft Home
  • Duplex
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 2 Full Bathrooms
  • Bathtub

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Radiant Heating System
  • Natural Gas Not Available
  • Well
  • Septic System

Additional Features

  • Laundry on main level
  • Shed

Listing and Financial Details

  • Tax Lot 25A
  • Assessor Parcel Number LIMI-000005R-000000-000025A

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $11,593
  • Gross Income $34,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,535

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 3.7
  • MLS Status: Closed
  • Directions: West on Rt. 25 from Standish. GPS friendly. Second duplex in from Rt. 25.
  • Above Grade Finished Sq Ft: 2408.0
  • Architectural Style: Duplex
  • Garage Yn: No
  • Year Built: 1997
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 3.7
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2408.0
  • Property Information:Garage: No
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Electric:Circuit Breakers: Yes
  • Amenities:Storage: Yes
  • Foundation Materials:Slab: Yes
  • Exterior:Vinyl Siding: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Heat System:Radiant: Yes
  • Income Expenses Gross Income: 34800.0
  • Income Expenses Operating Expenses: 11592.74
  • Amenities:Bathtub: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Style:Duplex: Yes
  • Basement:Slab2: Yes
  • Location:Rural: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Site:RollingSloping: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • View:Scenic: Yes
  • View:Mountain(s): Yes
  • Other Structures:Shed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Not Applicable
  • Full Bathrooms: 2
  • Flooring: Laminate, Carpet
  • Interior Amenities: 1st Floor Bedroom, Bathtub, Storage

Exterior Features

  • Lot Features: Open Lot, Rolling Slope, Landscaped, Wooded, Near Shopping, Near Town, Rural
  • View: Trees/Woods, Mountain(s), Scenic
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Slab
  • Other Structures: Shed(s)
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiant
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Existing on Site
  • Utilities: Utilities On, Pole
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Schools

  • Junior High Dist: RSU 06/MSAD 06

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 161172.0
  • Parcel #: LIMI-000005R-000000-000025A
  • Zoning: RU

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 34800.0
  • Annual Operating Expense: 11592.74

Tax Info

  • Tax Annual Amount: 1534.74
  • Tax Book Number: 18795
  • Tax Lot: 25A
  • Tax Map Number: R5
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2023
Closed on
Sep 15, 2023
Sold by
Providential Control Llc
Bought by
Curtis Emma and Edgerly Dantevious
Seller's Agent
Carla Wakefield
Maine Real Estate Experts
Buyer's Agent
Elisabeth Marcisso
Real Broker
List Price
$429,000
Sold Price
$400,000
Premium/Discount to List
-$29,000
-6.76%
Current Estimated Value
$439,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,302
Avg. Annual Appreciation
4.68%
Original Mortgage
$392,755
Outstanding Balance
$384,331
Interest Rate
6.9%
Mortgage Type
FHA
Estimated Equity
$54,971
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
Curtis Emma $400,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Curtis Emma $392,755
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2023 09/15/23 Sold $400,000 -6.8% $166 / Sq Ft
08/16/2023 08/16/23 Pending -- -- --
05/31/2023 05/31/23 For Sale $429,000 -- $178 / 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 $4,276 $380,800 $106,200 $274,600
2023 $3,896 $380,800 $106,200 $274,600
2022 $3,069 $208,100 $70,800 $137,300
2021 $2,747 $208,100 $70,800 $137,300
2020 $2,560 $208,100 $70,800 $137,300
2019 $2,560 $208,100 $70,800 $137,300
2017 $2,456 $208,100 $70,800 $137,300
2016 $2,341 $208,100 $70,800 $137,300
2015 $2,268 $208,100 $70,800 $137,300
2014 $2,268 $208,100 $70,800 $137,300
2013 $2,185 $208,100 $70,800 $137,300
Source: Public Records

Agents Affiliated with this Home

  • Carla Wakefield

    Seller's Agent in 2023

    Carla Wakefield

    Maine Real Estate Experts

    (207) 632-6211

    3 in this area

    58 Total Sales

    Carla Wakefield
    Section Image

  • E

    Buyer's Agent in 2023

    Elisabeth Marcisso

    Real Broker

    Section Image
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Map

Source: Maine Listings

MLS Number: 1557173

Maine Listings

APN: LIMI-000005R-000000-000025A

Maine York County Limington 04049 Limington

468 Ossipee Trail, Limington, ME

This home is located at 468 Ossipee Trail, Limington, ME 04049 since 31 May 2023 and is currently estimated at $439,302, approximately $182 per square foot. This property was built in 1997. 468 Ossipee Trail is a home located in York County with nearby schools including Bonny Eagle High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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