NOT LISTED FOR SALE

Estimated Value: $442,000 - $596,272

5 Beds
3 Baths
4,418 Sq Ft
$122/Sq Ft Est. Value

Sale Details

Date Sold: January 17, 2024

Last sale price $505,000 $114 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,376 / mo

17 Days on Market

Highlights

  • Wood Flooring
  • Detached Garage
  • Level Lot
  • No HOA
  • Hot Water Heating System
  • Wood Siding

About This Home

As of January 2024

Bates College area 3-unit exudes the high quality of a grand historic home. In addition to the beautiful units, there is a completely finished and unused third floor and a full size detached 2 car garage. This is the kind of property that is good to own and hold - a great opportunity for an owner occupant or a 1031 investor focused on rolling into a high quality asset.

Last Agent to Sell the Property

Brit Vitalius

Vitalius Real Estate Group, LLC Listed on: 10/20/2023

Co-Listed By

Chris Sullivan

Vitalius Real Estate Group, LLC

Last Buyer's Agent

Benjamin Spencer

CORE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,266

Year Built

  • Built in 1930

Lot Details

  • 5,663 Sq Ft Lot
  • Property fronts a freeway
  • Level Lot
  • Open Lot

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Slate Roof
  • Wood Siding

Interior Spaces

  • 3 Full Bathrooms
  • 4,418 Sq Ft Home
  • Multi-Level Property

Flooring

  • Wood
  • Tile

Unfinished Basement

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

Parking

  • Detached Garage
  • Driveway

Location

  • City Lot

Utilities

  • No Cooling
  • Radiator
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Hot Water Heating System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 096
  • Assessor Parcel Number LEWI-000194-000000-000096

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $16,494
  • Gross Income $56,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,266

Year Built

Built in 1930

Lot Details

5,663 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.13
  • Road Surface Type: Paved
  • Co List Office Phone: 207-541-3755
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 4418.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Year Built: 1930
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 118.83
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.13
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 4418.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Hot Water: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Electric2: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 3
  • Income Expenses Gross Income: 56400.0
  • Income Expenses Operating Expenses: 16494.0
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Exterior:Wood Siding: Yes
  • Gas:Natural - At Street: Yes
  • Heat System:Radiator: Yes
  • Water Heater:Heat Pump2: Yes
  • Roof:Slate: Yes
  • Advertising Remarks:Advertising Remarks: Bates College area 3-unit exudes the high quality of a grand historic home. In addition to the beautiful units, there is a completely finished and unused third floor and a full size detached 2 car garage. This is the kind of property that is good to own and hold - a great opportunity for an owner occupant or a 1031 investor focused on rolling into a high quality asset.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Bulkhead, Full, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Flooring: Wood, Tile
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Sidewalks, Intown, Near Turnpike/Interstate, Near Town
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Roof: Shingle, Slate

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved, On Site, Detached

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiator, Hot Water
  • 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: 5662.8
  • Parcel #: LEWI-000194-000000-000096
  • Zoning: NCB

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 56400.0
  • Annual Operating Expense: 16494.0

Tax Info

  • Tax Annual Amount: 4266.0
  • Tax Lot: 096
  • Tax Year: 2022

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2023
Closed on
Jan 17, 2024
Sold by
Bought by
Seller's Agent
Brit Vitalius
Vitalius Real Estate Group, LLC
Buyer's Agent
Benjamin Spencer
CORE
List Price
$525,000
Sold Price
$505,000
Premium/Discount to List
-$20,000
-3.81%
Views
2
Current Estimated Value
$540,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,318
Avg. Annual Appreciation
2.69%
Original Mortgage
$479,750
Interest Rate
0.0703%
Mortgage Type
Purchase Money Mortgage
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$505,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $479,750
Previous Owner $190,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/17/2024 01/17/24 Sold $505,000 -3.8% $114 / Sq Ft
11/06/2023 11/06/23 Pending -- -- --
10/20/2023 10/20/23 For Sale $525,000 -- $119 / Sq Ft
Source: Maine Listings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,907 $149,700 $19,080 $130,620
2024 $4,756 $149,700 $19,080 $130,620
2023 $4,491 $149,700 $19,080 $130,620
2022 $4,266 $149,700 $19,080 $130,620
2021 $3,417 $120,900 $19,080 $101,820
2020 $3,466 $120,900 $19,080 $101,820
2019 $3,493 $120,840 $19,080 $101,760
2018 $3,464 $120,840 $19,080 $101,760
2017 $3,386 $120,840 $19,080 $101,760
2016 $3,328 $120,840 $19,080 $101,760
2015 $3,307 $120,840 $19,080 $101,760
2014 $3,213 $120,840 $19,080 $101,760
2013 $3,195 $120,840 $19,080 $101,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1575458

Maine Listings

APN: LEWI-000194-000000-000096

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