NOT LISTED FOR SALE

470 Main St Madawaska, ME 04756

Estimated Value: $61,000 - $90,000

-- Bed
5 Baths
1,890 Sq Ft
$41/Sq Ft Est. Value

Last Sold January 31, 2024

Last sale price $43,000 $23 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $498/month

4 Days on Market

Highlights

  • 0.95 Acre Lot
  • Deck
  • No HOA
  • Colonial Architecture
  • Main Floor Bedroom
  • Enclosed Glass Porch

About This Home

As of January 2024

Check out this great investment deal! 5 unit building. Three units need little work to be rent ready! Earn income while making this building beautiful again. This apartment building has great vintage pieces to build upon bringing back classic features as it once was or create a brand new updated look! Ample parking in the back can be a commercial store in the front if desired!

Last Agent to Sell the Property

Holly Hardwick

RE/MAX County Listed on: 12/16/2023

RE/MAX County

Last Buyer's Agent

Holly Hardwick

RE/MAX County Listed on: 12/16/2023

RE/MAX County

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 0.95 Acre Lot
  • Level Lot
  • Open Lot

Home Design

  • Colonial Architecture
  • Split Foyer
  • Brick Exterior Construction
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Block Exterior
  • Masonry

Interior Spaces

  • 2-Story Property

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 5 Full Bathrooms

Basement

  • Walk-Out Basement
  • Brick Basement
  • Interior Basement Entry

Parking

  • Driveway
  • Paved Parking

Accessible Home Design

  • Accessible Elevator Installed
  • Doors are 32 inches wide or more
  • Level Entry For Accessibility

Outdoor Features

  • Deck
  • Shed
  • Enclosed Glass Porch

Location

  • City Lot

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available

Community Details

  • No Home Owners Association
  • 5 Units

Listing and Financial Details

  • Tax Lot 28
  • Assessor Parcel Number MADA-000003-000000-000028

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.95
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1026.0
  • Architectural Style: Colonial, Multi-Level, Split Entry
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1948
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.95
  • Property Information:Total Baths: 5.0
  • Property Information:SqFt Finished Above Grade: 1026.0
  • Property Information:SqFt Finished Below Grade: 864.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 5
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 2
  • Style:Multi-Level: Yes
  • Foundation Materials:Block3: Yes
  • Style:Colonial: Yes
  • Property Information:Short Sale Continue to Show: No
  • Basement:BrickMortar: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Water Info:Island3: No
  • Exterior:Brick: Yes
  • Accessibilitiy Amenities:Level Entry: Yes
  • Accessibilitiy Amenities:ElevatorChair Lift: Yes
  • Style:Split Entry: Yes
  • Construction:Masonry: Yes
  • Exterior:Block2: Yes
  • Other Structures:Shed: Yes
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Accessibilitiy Amenities 32 - 36 Inch Doors: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Accessibility Features: 32 - 36 Inch Doors, Elevator/Chair Lift, Level Entry
  • Has Basement: Brick/Mortar, None, Walk-Out Access, Interior Entry
  • Full Bathrooms: 5
  • Below Grade Sq Ft: 864.0
  • Flooring: Laminate, Carpet
  • Interior Amenities: 1st Floor Bedroom

Exterior Features

  • Lot Features: Level, Open Lot, Sidewalks, Intown, Near Shopping, Near Town
  • Waterfront: No
  • Construction Type: Brick, Block, Masonry, Wood Frame
  • Foundation Details: Block
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck, Glass Enclosed, Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Baseboard
  • 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: 41382.0
  • Parcel #: MADA-000003-000000-000028
  • Zoning: commercial/resident

Multi Family

  • Number Of Units Total: 5

Tax Info

  • Tax Annual Amount: 1733.82
  • Tax Book Number: 251
  • Tax Lot: 28
  • Tax Map Number: 3
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2023
Closed on
Jan 31, 2024
Sold by
Neary Danielle W
Bought by
Heritage 322 Llc
Seller's Agent
Holly Hardwick
RE/MAX County
Buyer's Agent
Holly Hardwick
RE/MAX County
List Price
$69,900
Sold Price
$43,000
Premium/Discount to List
-$26,900
-38.48%
Views
5
Current Estimated Value
$77,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,215
Avg. Annual Appreciation
55.29%
Original Mortgage
$43,000
Outstanding Balance
$42,448
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$42,238

Purchase Details

Listed on
Dec 16, 2023
Closed on
Jan 30, 2024
Sold by
Wharton Jeannine A P Est and Neary
Bought by
Neary Danielle W
Seller's Agent
Holly Hardwick
RE/MAX County
Buyer's Agent
Holly Hardwick
RE/MAX County
List Price
$69,900
Sold Price
$43,000
Premium/Discount to List
-$26,900
-38.48%
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,000
Outstanding Balance
$42,448
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$42,238
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
Heritage 322 Llc $43,000 None Available
Neary Danielle W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heritage 322 Llc $43,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2024 01/31/24 Sold $43,000 -38.5% $23 / Sq Ft
12/20/2023 12/20/23 Pending -- -- --
12/16/2023 12/16/23 For Sale $69,900 -- $37 / 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
2022 $1,554 $68,300 $17,100 $51,200
2021 $1,503 $68,300 $17,100 $51,200
2020 $1,561 $68,300 $17,100 $51,200
2019 $1,585 $68,300 $17,100 $51,200
2018 $1,380 $68,300 $17,100 $51,200
2017 $1,346 $68,300 $17,100 $51,200
2016 $1,277 $68,300 $17,100 $51,200
2015 $1,270 $68,300 $17,100 $51,200
2014 $1,188 $68,300 $17,100 $51,200
2013 $1,223 $68,300 $17,100 $51,200
Source: Public Records

Agents Affiliated with this Home

  • Holly Hardwick

    Seller's Agent in 2024

    Holly Hardwick

    RE/MAX

    (207) 769-2900

    29 in this area

    122 Total Sales

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Map

Source: Maine Listings

MLS Number: 1579295

Maine Listings

APN: MADA-000003-000000-000028

Maine Aroostook County Madawaska 04756

470 Main St, Madawaska, ME

This home is located at 470 Main St, Madawaska, ME 04756 since 16 December 2023 and is currently estimated at $77,215, approximately $40 per square foot. This property was built in 1948. 470 Main St is a home located in Aroostook County with nearby schools including Madawaska Elementary School and Madawaska Middle/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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