B
Seller's Agent in 2019
Bruce Burton
Mill Stream Realty
(207) 399-4800
12 in this area
22 Total Sales
47 Main St Mercer, ME 04957
Estimated Value: $158,196 - $605,000
--
Bed
--
Bath
2,790
Sq Ft
$107/Sq Ft
Est. Value
Highlights
- Nearby Water Access
- Wood Flooring
- Attic
- Deck
- Main Floor Bedroom
- No HOA
About This Home
As of August 2019Here is the income property you've been waiting for - excellent opportunity to let the rental income pay your mortgage and more. This home will make an excellent owner-occupied property or simply rent out both units for income. The numbers work very nicely in this one! Expansion space with a flexible floor plan on the second floor provides 2 extra bedrooms and bath which can be used to expand either unit or potential to change back into a 3rd apartment. There is already a third electric meter and a space for a kitchen if desired. Tenants pay their own heat and electric so this is an ideal situation. One unit is available right now for the new owner to move into. Deck on the second floor overlooks a nice back yard. Garage has power. This home is in rentable condition with updates to bathrooms, plumbing, electrical, heating etc. and a standing seam metal roof.
Last Agent to Sell the Property
Mill Stream Realty Brokerage Phone: 207-634-4800 Listed on: 01/28/2019
Last Buyer's Agent
Mill Stream Realty Brokerage Phone: 207-634-4800 Listed on: 01/28/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,469
Year Built
- Built in 1910
Lot Details
- 0.41 Acre Lot
- Level Lot
- Open Lot
Parking
- 1 Car Detached Garage
- Driveway
- Off-Street Parking
Home Design
- Brick Foundation
- Stone Foundation
- Wood Frame Construction
- Shingle Roof
- Metal Roof
- Clap Board Siding
- Asbestos Siding
- Asbestos
- Clapboard
Interior Spaces
- 2,790 Sq Ft Home
- Multi-Level Property
- Attic
Flooring
- Wood
- Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- Main Floor Bedroom
- Bathtub
- Shower Only
Unfinished Basement
- Partial Basement
- Interior Basement Entry
Outdoor Features
- Nearby Water Access
- Deck
- Enclosed Glass Porch
Location
- City Lot
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Gas
- Heating System Uses Oil
- Heating System Mounted To A Wall or Window
- Baseboard Heating
- Tankless Water Heater
- Gas Water Heater
- Internet Available
- Cable TV Available
Listing and Financial Details
- Tax Lot 50
- Assessor Parcel Number NORR-000033-000000-000050
Community Details
Overview
- No Home Owners Association
- 2 Units
Amenities
- Community Storage Space
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 28, 2019
Closed on
Aug 26, 2019
Sold by
Patterson Robin L
Bought by
Glidden-Grant Tyler
Seller's Agent
Bruce Burton
Mill Stream Realty
Buyer's Agent
Bruce Burton
Mill Stream Realty
List Price
$104,900
Sold Price
$85,000
Premium/Discount to List
-$19,900
-18.97%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,299
Avg. Annual Appreciation
18.51%
Original Mortgage
$68,500
Outstanding Balance
$60,767
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$176,713
Purchase Details
Closed on
Apr 13, 2009
Sold by
Us Bank Na
Bought by
Patterson Robin L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,400
Interest Rate
4.94%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 11, 2008
Sold by
Davis Heather E
Bought by
Us Bank Na
Purchase Details
Closed on
Mar 10, 2005
Sold by
Libby Michael K and Libby Cindy L
Bought by
Davis Heather E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,500
Interest Rate
9%
Mortgage Type
Stand Alone Second
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Glidden-Grant Tyler | -- | -- | |
| Patterson Robin L | -- | -- | |
| Us Bank Na | -- | -- | |
| Davis Heather E | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Glidden-Grant Tyler | $68,500 | |
| Previous Owner | Patterson Robin L | $69,000 | |
| Previous Owner | Patterson Robin L | $75,000 | |
| Previous Owner | Patterson Robin L | $28,400 | |
| Previous Owner | Patterson Robin L | $61,000 | |
| Previous Owner | Davis Heather E | $80,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/26/2019 08/26/19 | Sold | $85,000 | -19.0% | $30 / Sq Ft |
| 07/23/2019 07/23/19 | Pending | -- | -- | -- |
| 01/28/2019 01/28/19 | For Sale | $104,900 | -- | $38 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $1,489 | $143,900 | $30,800 | $113,100 |
| 2023 | $1,458 | $120,000 | $25,700 | $94,300 |
| 2022 | $1,268 | $108,800 | $23,300 | $85,500 |
| 2021 | $1,442 | $108,800 | $23,300 | $85,500 |
| 2020 | $1,442 | $108,800 | $23,300 | $85,500 |
| 2019 | $1,469 | $108,800 | $23,300 | $85,500 |
| 2018 | $1,469 | $108,800 | $23,300 | $85,500 |
| 2017 | $1,463 | $108,800 | $23,300 | $85,500 |
| 2016 | $1,408 | $66,400 | $10,100 | $56,300 |
| 2015 | $1,421 | $66,400 | $10,100 | $56,300 |
| 2014 | $1,411 | $66,400 | $10,100 | $56,300 |
Source: Public Records
Agents Affiliated with this Home
-
Bruce Burton
Map
Source: Maine Listings
MLS Number: 1403172
APN: NORR-000033-000000-000050
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.
Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.
Homes.com, LLC, 17600 Laguna Canyon Rd Irvine, CA 92618 (888)-952-6393
Nearby Homes
- 14 Welch St
- 14 Wade St
- 41 River Rd
- 11 Madison Rd
- 0 Gilman Dr
- M28 L6-2-1 Gilman Dr
- 12 Tempesta Way
- 34 Tempesta Way
- 101 Mercer Rd
- 31 Airport Rd
- Lot 19 Waterville Rd
- 141 Bigelow Hill Rd
- 396 Waterville Rd
- 43 Doane Rd
- 489 Ward Hill Rd
- 377 Bigelow Hill Rd
- M6 L40-6 Bombazee Rd
- 250 Covell Rd
- 901 Mercer Rd
- 69 Mclellan St