Seller's Agent in 2024
Holly Hardwick
RE/MAX
(207) 769-2900
28 in this area
123 Total Sales
47 Pleasant St Fort Kent, ME 04743
Estimated Value: $394,000 - $465,000
3
Beds
6
Baths
3,000
Sq Ft
$140/Sq Ft
Est. Value
Highlights
- Furnished
- Double Pane Windows
- Zoned Heating
- No HOA
- Tile Flooring
- Programmable Thermostat
About This Home
As of August 2024WOW! Great income opportunity for anyone looking for an investment property! A commercial laundromat in the front and a wood block, and brick distribution space in the back on the property. Bricks and block business not only used for income by also used for second heating source. Six rental units with a long term occupancy history. This turnkey operation has been in business for 35 years. A staple to the community, in the heart of Fort Kent. This is a profitable, and established business for anyone looking for income and to be your own boss. You can live in one of the units as the current owner does or rent them all. The structure can be heated with oil or wood whatever is most cost effective for the season. It has an updated oil boiler installed in 2016, and a relatively new New Englander wood/coal boiler. The 2 staircases to the second floor are both enclosed from the elements making the winter snow removal a non factor. This building has been beautifully maintained throughout the years by the seller. With ample parking one handicap, 7 for customers and another 6 for tenants. This is a true turn key. Just move in and run the business. Schedule your appointment and take look at this perfect investment opportunity.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,689
Lot Details
- 0.33 Acre Lot
- Open Lot
Parking
- 2 Car Garage
- Heated Garage
- Automatic Garage Door Opener
- Garage Door Opener
- Driveway
Home Design
- Concrete Foundation
- Slab Foundation
- Steel Frame
- Wood Frame Construction
- Shingle Roof
- Metal Roof
- Wood Siding
- Concrete Perimeter Foundation
Interior Spaces
- 6 Full Bathrooms
- 3,000 Sq Ft Home
- 2-Story Property
- Furnished
- Ceiling Fan
- Double Pane Windows
- ENERGY STAR Qualified Appliances
Flooring
- Carpet
- Laminate
- Tile
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Accessible Home Design
- Doors are 36 inches wide or more
- Doors are 32 inches wide or more
Location
- Property is near a golf course
Utilities
- No Cooling
- Zoned Heating
- Heating System Uses Coal
- Heating System Uses Oil
- Heating System Uses Wood
- Baseboard Heating
- Hot Water Heating System
- Programmable Thermostat
- Private Water Source
Listing and Financial Details
- Tax Lot 024
- Assessor Parcel Number FTKT-000017-000000-000024
Community Details
Overview
- No Home Owners Association
- 6 Units
Amenities
- Coin Laundry
Pet Policy
- Limit on the number of pets
Building Details
- Operating Expense $59,461
- Gross Income $116,125
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 22, 2024
Closed on
Aug 1, 2024
Sold by
Dinah M Gagnon Lt and Gagnon
Bought by
Route 1 Rental Prop Llc
Seller's Agent
Holly Hardwick
RE/MAX County
Buyer's Agent
Matthew Dechaine
Crown Lakes Realty
List Price
$450,000
Sold Price
$400,000
Premium/Discount to List
-$50,000
-11.11%
Views
36
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
$19,667
Avg. Annual Appreciation
4.59%
Original Mortgage
$100,000
Outstanding Balance
$98,004
Interest Rate
6.89%
Mortgage Type
Second Mortgage Made To Cover Down Payment
Estimated Equity
$321,663
Purchase Details
Closed on
Oct 16, 2023
Sold by
Gagnon Dinah M
Bought by
Dinah M Gagnon Lt and Gagnon
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 |
|---|---|---|---|
| Route 1 Rental Prop Llc | $400,000 | None Available | |
| Route 1 Rental Prop Llc | $400,000 | None Available | |
| Dinah M Gagnon Lt | -- | None Available | |
| Dinah M Gagnon Lt | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Vaillancourt Chad | $100,000 | |
| Open | Route 1 Rental Prop Llc | $410,500 | |
| Closed | Route 1 Rental Prop Llc | $410,500 | |
| Previous Owner | Gagnon Dinah | $23,000 | |
| Previous Owner | Gagnon Dinah | $5,000 | |
| Previous Owner | Gagnon Dinah M | $130,000 | |
| Previous Owner | Gagnon Dinah M | $170,000 | |
| Previous Owner | Gagnon Dinah M | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/01/2024 08/01/24 | Sold | $400,000 | -11.1% | $133 / Sq Ft |
| 05/13/2024 05/13/24 | Pending | -- | -- | -- |
| 04/22/2024 04/22/24 | For Sale | $450,000 | -- | $150 / 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 | $5,125 | $223,300 | $33,500 | $189,800 |
| 2023 | $4,689 | $223,300 | $33,500 | $189,800 |
| 2022 | $4,385 | $208,800 | $31,400 | $177,400 |
| 2021 | $4,402 | $208,800 | $31,400 | $177,400 |
| 2020 | $4,341 | $189,800 | $28,500 | $161,300 |
| 2019 | $4,244 | $189,800 | $28,500 | $161,300 |
| 2018 | $3,870 | $189,800 | $28,500 | $161,300 |
| 2017 | $3,490 | $189,800 | $28,500 | $161,300 |
| 2016 | $3,416 | $189,800 | $28,500 | $161,300 |
| 2013 | $3,284 | $189,300 | $28,500 | $160,800 |
Source: Public Records
Agents Affiliated with this Home
-
Holly Hardwick
-
Matthew Dechaine
Buyer's Agent in 2024
Matthew Dechaine
Crown Lakes Realty
(207) 436-8161
9 in this area
210 Total Sales
Map
Source: Maine Listings
MLS Number: 1587074
APN: FTKT-000017-000000-000024
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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.
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