NOT LISTED FOR SALE

49 Pine St Waldoboro, ME 04572

Estimated Value: $381,133

3 Beds
2 Baths
1,488 Sq Ft
$256/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $355,000 $239 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,416/month

4 Days on Market

Highlights

  • Nearby Water Access
  • Colonial Architecture
  • Attic
  • River Front
  • Wood Flooring
  • No HOA

About This Home

As of May 2024

This well maintained 2 family located in the Waldoboro historic district sits directly across from the Waldoboro public landing allowing easy access to the river for boating, kayaking, paddle-boarding, bird watching, or head out to sea for some island hopping! Walking distance to the library, post office, Waldo Theater, Tavern, Perch Cafe and other village amenities. Each unit has its own heat, electric, laundry hook ups, water meter, etc. The building has updated heating, plumbing, electric, replacement windows etc, while still maintaining the historic charm of hardwood floors, pocket doors, and tin ceilings.

Last Agent to Sell the Property

Heidi Straghan

Peninsula Properties Listed on: 05/13/2024

Last Buyer's Agent

Susan Trenholm

Cates Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,650

Year Built

  • Built in 1909

Lot Details

  • 0.3 Acre Lot
  • River Front
  • Level Lot

Parking

  • 2 Car Direct Access Garage
  • Driveway
  • Off-Street Parking

Property Views

  • Water
  • Scenic Vista

Home Design

  • Colonial Architecture
  • Brick Foundation
  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Metal Roof
  • Clap Board Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 2 Full Bathrooms
  • 1,488 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Exterior Basement Entry
  • Laundry on main level
  • Attic

Outdoor Features

  • Nearby Water Access
  • River Nearby
  • Outbuilding

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window
  • Natural Gas Not Available
  • Well
  • Water Heated On Demand
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 35
  • Assessor Parcel Number WALB-000000-U000011-000035

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $6,000
  • Gross Income $28,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,650

Year Built

Built in 1909

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.3
  • Road Surface Type: Paved
  • Water Body Name: Medomak RIver
  • MLS Status: Closed
  • Directions: GPS friendly. From intersection of Main & Jefferson Street travel West 0.1 mile turning left onto Pine Street. Subject property on the right across from town landing.
  • Above Grade Finished Sq Ft: 1488.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Year Built: 1909
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.3
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1488.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Water Heater:On Demand: Yes
  • Property Information:Garage Spaces: 2.0
  • Heat Fuel:Electric: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Roof:Metal: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:BrickMortar2: Yes
  • Exterior:Clapboard: Yes
  • Income Expenses Gross Income: 28000.0
  • Income Expenses Operating Expenses: 6000.0
  • Style:Colonial: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Amenities:Attic: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Recreational Water:RiverBrookStream: Yes
  • Equipment:Internet Access Available: Yes
  • Property Information:Deed Restrictions: Unknown
  • Water:Well Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Equipment:Cable: Yes
  • View:Scenic: Yes
  • Heat System:Direct Vent Heater: Yes
  • Foundation Materials:Granite2: Yes
  • Basement Entry:Exterior Only: Yes
  • Building Info:_pound_ Floors3: 2
  • Other Structures:Out Building: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Bulkhead, Exterior Entry, Exterior Only
  • Full Bathrooms: 2
  • Flooring: Wood
  • Interior Amenities: Attic
  • Stories: 2

Exterior Features

  • Lot Features: Level, Near Town, Neighborhood
  • View: Scenic
  • Waterfront Features: River
  • Waterfront: No
  • Construction Type: Clapboard, Wood Frame
  • Foundation Details: Granite, Concrete Perimeter, Brick/Mortar
  • Other Structures: Outbuilding
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Paved, Inside Entrance, Off Street

Utilities

  • Laundry Features: Laundry - 1st Floor, Upper Level, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Direct Vent Heater
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public, Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 13068.0
  • Parcel #: WALB-000000-U000011-000035
  • Zoning: historic village

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 28000.0
  • Annual Operating Expense: 6000.0

Tax Info

  • Tax Annual Amount: 3650.0
  • Tax Book Number: 5831
  • Tax Lot: 35
  • Tax Map Number: U11
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2024
Closed on
May 31, 2024
Sold by
49 Pine St Llc
Bought by
Hortman Merri A and Hortman Don G
Seller's Agent
Heidi Straghan
Peninsula Properties
Buyer's Agent
Susan Trenholm
Cates Real Estate
List Price
$350,000
Sold Price
$355,000
Premium/Discount to List
$5,000
1.43%
Views
8
Current Estimated Value
$381,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,133
Avg. Annual Appreciation
2.65%

Purchase Details

Closed on
Sep 19, 2018
Sold by
Riley Michael F
Bought by
Riley Michael F and Straghan Heidi K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,500
Interest Rate
4.5%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Hortman Merri A $355,000 None Available
Hortman Merri A $355,000 None Available
Riley Michael F -- --
Riley Michael F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hortman Merri A $250,000
Previous Owner Riley Michael F $73,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2024 05/31/24 Sold $355,000 +1.4% $239 / Sq Ft
05/18/2024 05/18/24 Pending -- -- --
05/13/2024 05/13/24 For Sale $350,000 +363.6% $235 / Sq Ft
02/03/2014 02/03/14 Sold $75,500 -41.5% $51 / Sq Ft
12/26/2013 12/26/13 Pending -- -- --
03/19/2012 03/19/12 For Sale $129,000 -- $87 / 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
2024 $3,955 $234,000 $39,000 $195,000
2023 $3,650 $234,000 $39,000 $195,000
2022 $3,276 $234,000 $39,000 $195,000
2021 $2,736 $152,000 $39,000 $113,000
2020 $2,766 $152,000 $39,000 $113,000
2019 $2,766 $152,000 $39,000 $113,000
2018 $2,690 $152,000 $39,000 $113,000
2017 $2,554 $152,000 $39,000 $113,000
2016 $2,462 $152,000 $39,000 $113,000
2015 $2,127 $139,000 $39,000 $100,000
2014 $2,137 $156,000 $45,000 $111,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1589321

Maine Listings

APN: WALB-000000-U000011-000035