NOT LISTED FOR SALE

5 Bowdoin St Sanford, ME 04073

Estimated Value: $355,837 - $425,000

5 Beds
2 Baths
2,032 Sq Ft
$189/Sq Ft Est. Value

Last Sold April 09, 2021

Last sale price $270,000 $133 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,414/month

3 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Air Conditioning
  • Wood Flooring
  • 2 Car Detached Garage
  • 5-minute walk to Carpentier Park

About This Home

As of April 2021

This well maintained 2 unit property has had a great rental history, with many recent updates. Such as; new paint, flooring, and most of the appliances. Plus the heating system was updated in 2019 to natural gas, the driveway was paved in 2020, and the septic line was fully replaced. This investment opportunity includes a 3 Bedroom rental on the 1st level, 2 Bedroom apartment on the 2nd level, and a spacious garage with a nice fenced in backyard behind it. Perfect for entertaining and relaxing.

Last Agent to Sell the Property

Curtis Johnson

Coldwell Banker Realty Brokerage Phone: 207-282-5988 Listed on: 02/18/2021

Coldwell Banker Realty

Last Buyer's Agent

Erin Oldham Susan Kendeigh

Portside Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,391

Year Built

  • Built in 1920

Lot Details

  • 9,583 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • 2,032 Sq Ft Home
  • Colonial Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Flooring

  • Wood
  • Laminate
  • Tile
  • Vinyl

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Utilities

  • Air Conditioning
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Gas Water Heater

Additional Features

  • 2 Full Bathrooms
  • Property is near a golf course

Listing and Financial Details

  • Tax Lot 35A
  • Assessor Parcel Number SANF-000035A-H000030

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $3,050
  • Gross Income $10,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,391

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.22
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From Main St. in Sanford turn on Emery St, then left onto Bowdoin St. The multi unit will be on your right side.
  • Above Grade Finished Sq Ft: 2032.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Year Built: 1920
  • Attribution Contact: 207-282-5988
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.22
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2032.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Gas: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Heat Fuel:Gas Natural: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 2
  • Income Expenses Gross Income: 10200.0
  • Income Expenses Operating Expenses: 3050.0
  • Style:Colonial: Yes
  • Parking:Paved3: Yes
  • Gas:Natural - At Street: Yes
  • Cooling:AC Units: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Exterior Entry, Bulkhead, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Flooring: Wood, Vinyl, Tile, Laminate
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Near Golf Course, Near Shopping, Near Town
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Paved, Detached

Utilities

  • Cooling: A/C Units
  • Cooling Y N: Yes
  • Heating: 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: 9583.2
  • Parcel #: SANF-000035A-H000030
  • Zoning: U

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 10200.0
  • Annual Operating Expense: 3050.0

Tax Info

  • Tax Annual Amount: 3391.0
  • Tax Book Number: 18061
  • Tax Lot: 35A
  • Tax Map Number: H30
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2021
Closed on
Apr 9, 2021
Sold by
Beaupre Matthew R and Turowsky Ashley E
Bought by
Franklin Taylor C and Batchelder Haley N
Seller's Agent
Curtis Johnson
Coldwell Banker Realty
Buyer's Agent
Erin Oldham Susan Kendeigh
Portside Real Estate Group
List Price
$265,000
Sold Price
$270,000
Premium/Discount to List
$5,000
1.89%
Current Estimated Value
$376,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,958
Avg. Annual Appreciation
7.78%
Original Mortgage
$225,250
Outstanding Balance
$205,264
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$169,114

Purchase Details

Closed on
Sep 30, 2019
Sold by
Beaupre Matthew R
Bought by
Beaupre Matthew R and Turowsky Ashley E

Purchase Details

Listed on
May 25, 2018
Closed on
Sep 4, 2018
Sold by
Parker Robin P
Bought by
Beaupre Matthew R
Seller's Agent
Gesine Weller-Jett
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Curtis Johnson
Coldwell Banker Realty
List Price
$174,700
Sold Price
$167,500
Premium/Discount to List
-$7,200
-4.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.25%
Original Mortgage
$164,465
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 27, 2010
Sold by
Est Porell Yvette G and Duckworth Carol A
Bought by
Parker Robin P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,950
Interest Rate
5%
Mortgage Type
FHA
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
Franklin Taylor C -- None Available
Franklin Taylor C -- None Available
Beaupre Matthew R -- --
Beaupre Matthew R -- --
Beaupre Matthew R -- --
Beaupre Matthew R -- --
Parker Robin P $160,500 --
Parker Robin P $160,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franklin Taylor C $225,250
Closed Franklin Taylor C $225,250
Previous Owner Beaupre Matthew R $162,594
Previous Owner Beaupre Matthew R $164,465
Previous Owner Parker Robin P $165,944
Previous Owner Parker Robin P $165,322
Previous Owner Parker Robin P $163,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2021 04/09/21 Sold $270,000 +1.9% $133 / Sq Ft
02/22/2021 02/22/21 Pending -- -- --
02/18/2021 02/18/21 For Sale $265,000 +58.2% $130 / Sq Ft
08/31/2018 08/31/18 Sold $167,500 -4.1% $82 / Sq Ft
07/20/2018 07/20/18 Pending -- -- --
05/25/2018 05/25/18 For Sale $174,700 -- $86 / 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 $4,321 $267,700 $37,600 $230,100
2023 $4,021 $265,600 $37,600 $228,000
2022 $3,931 $265,600 $37,600 $228,000
2021 $3,467 $190,700 $37,600 $153,100
2020 $3,679 $182,500 $37,600 $144,900
2019 $3,360 $162,300 $37,600 $124,700
2018 $2,975 $165,800 $37,600 $128,200
2017 $3,391 $163,500 $37,600 $125,900
2016 $3,020 $132,800 $37,500 $95,300
2015 $2,975 $135,000 $38,000 $97,000
2014 $2,880 $131,400 $38,000 $93,400
2013 -- $133,200 $38,000 $95,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1482324

Maine Listings

APN: SANF-000035A-H000030