B
Seller's Agent in 2024
Bradley Mitchell
RE/MAX
486 Union St Bangor, ME 04401
West Bangor NeighborhoodEstimated Value: $270,000 - $348,000
5
Beds
2
Baths
1,542
Sq Ft
$193/Sq Ft
Est. Value
Highlights
- 0.9 Acre Lot
- Main Floor Bedroom
- No HOA
- Property is near public transit
- Farmhouse Style Home
- 4-minute walk to Hayford Park
About This Home
As of March 2024Attention investors! This two-unit property on a .9 +/- acre lot is a prime opportunity for investment. Unit 1 has three bedrooms and one bathroom and Unit 2 has one bedroom and one bathroom. The property offers developmental opportunity in the rear of the lot, adjacent to Hayford Park. Add to your investment portfolio or live in one unit and rent out the other! Schedule a showing today!
Last Agent to Sell the Property
Bradley Mitchell
RE/MAX Collaborative Listed on: 11/10/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,323
Year Built
- Built in 1900
Lot Details
- 0.9 Acre Lot
- Level Lot
- Open Lot
Home Design
- Farmhouse Style Home
- Brick Foundation
- Stone Foundation
- Wood Frame Construction
- Shingle Roof
- Wood Siding
- Clap Board Siding
- Vinyl Siding
- Clapboard
Interior Spaces
- 1,542 Sq Ft Home
- 2-Story Property
Flooring
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- Main Floor Bedroom
- 2 Full Bathrooms
Laundry
- Laundry on main level
- Washer and Dryer Hookup
Basement
- Interior Basement Entry
- Crawl Space
Parking
- Gravel Driveway
- Paved Parking
- On-Site Parking
Location
- Property is near public transit
Utilities
- No Cooling
- Zoned Heating
- Heating System Uses Natural Gas
- Heat Pump System
- Baseboard Heating
- Internet Available
- Satellite Dish
- Cable TV Available
Listing and Financial Details
- Tax Lot 005
- Assessor Parcel Number BANG-000021-000000-000005
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Operating Expense $12,992
- Gross Income $27,600
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 10, 2023
Closed on
Mar 18, 2024
Sold by
Belfast City Prop Llc
Bought by
Sattler Hayden J
Seller's Agent
Bradley Mitchell
RE/MAX Collaborative
Buyer's Agent
Deborah Terreault
Lynam Real Estate Agency
List Price
$309,500
Sold Price
$275,000
Premium/Discount to List
-$34,500
-11.15%
Views
11
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
$22,603
Avg. Annual Appreciation
3.31%
Original Mortgage
$270,019
Outstanding Balance
$267,075
Interest Rate
6.63%
Mortgage Type
FHA
Estimated Equity
$21,041
Purchase Details
Closed on
Mar 24, 2020
Sold by
Grant Mark W and Grant Vicki D
Bought by
Belfast City Properties
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
3.4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 17, 2006
Sold by
Gormely John E
Bought by
Grant Mark W and Grant Vicki D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,219
Interest Rate
6.23%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Sattler Hayden J | $275,000 | None Available | |
| Belfast City Properties | -- | Liberty Title & Escrow Compa | |
| Grant Mark W | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sattler Hayden J | $270,019 | |
| Previous Owner | Belfast City Properties | $120,000 | |
| Previous Owner | Grant Mark W | $103,219 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/18/2024 03/18/24 | Sold | $275,000 | -4.8% | $178 / Sq Ft |
| 01/29/2024 01/29/24 | Pending | -- | -- | -- |
| 01/07/2024 01/07/24 | Price Changed | $289,000 | -6.6% | $187 / Sq Ft |
| 11/10/2023 11/10/23 | For Sale | $309,500 | -- | $201 / 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 | $3,510 | $189,200 | $31,000 | $158,200 |
| 2023 | $3,323 | $173,500 | $31,000 | $142,500 |
| 2022 | $3,058 | $149,900 | $31,000 | $118,900 |
| 2021 | $2,968 | $133,100 | $28,700 | $104,400 |
| 2020 | $2,886 | $124,400 | $28,100 | $96,300 |
| 2019 | $2,760 | $120,000 | $28,100 | $91,900 |
| 2018 | $2,651 | $115,500 | $28,100 | $87,400 |
| 2017 | $2,535 | $112,400 | $28,100 | $84,300 |
| 2016 | $2,482 | $110,300 | $28,100 | $82,200 |
| 2015 | $2,421 | $110,300 | $28,100 | $82,200 |
| 2014 | -- | $109,300 | $28,100 | $81,200 |
| 2013 | $2,273 | $109,300 | $28,100 | $81,200 |
Source: Public Records
Agents Affiliated with this Home
-
-
Deborah Terreault
D
Buyer's Agent in 2024
Deborah Terreault
Lynam Real Estate Agency
(207) 460-4348
1 in this area
38 Total Sales
Map
Source: Maine Listings
MLS Number: 1577123
APN: BANG-000021-000000-000005
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