$127,500
SOLD FEB 28, 2025

5 Burleigh Ave Limestone, ME 04750

-- Bed
4 Baths
3,100 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$41 Per Sq Ft

14% Below List Price

680 Days on Market

Highlights

  • Wood Flooring
  • Zoned Heating
  • Lot Has A Rolling Slope
  • No HOA
  • Baseboard Heating

About This Home

As of February 2025

Four unit apartment building wit recent metal roof, 2016 boiler and boiler mate, electric has been updated in the past. Good occupancy rate and fully rented. All units are Section 8 approved. Great investment opportunity.

Last Agent to Sell the Property

Frederick Dobbs

Dobbs Realty Listed on: 10/15/2024

Last Buyer's Agent

Kennety Imy

Realty of Maine

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,562

Year Built

  • Built in 1954

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Has A Rolling Slope

Home Design

  • Mansard Roof Shape
  • Wood Frame Construction
  • Metal Roof

Interior Spaces

  • 4 Full Bathrooms
  • 3,100 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Carpet
  • Vinyl

Unfinished Basement

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

Parking

  • Gravel Driveway
  • Paved Parking
  • Off-Street Parking

Location

  • City Lot

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Propane
  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Tax Lot 87A
  • Assessor Parcel Number 001429516

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $21,000
  • Gross Income $37,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,562

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.18
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Heading south on Main St., turn left onto Burleigh Ave, property is on the right.
  • Above Grade Finished Sq Ft: 3100.0
  • Architectural Style: Mansard
  • Garage Yn: No
  • Year Built: 1954
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.18
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 3100.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement:Unfinished: Yes
  • Roof:Metal: Yes
  • Property Information:Number of Units: 4
  • Heat System:Multi-Zones: Yes
  • Income Expenses Gross Income: 37200.0
  • Income Expenses Operating Expenses: 21000.0
  • Driveway:Gravel: Yes
  • Site:RollingSloping: Yes
  • Basement Entry:Exterior Only: Yes
  • Building Info:_pound_ Floors3: 2
  • Style:Mansard: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Exterior Only, Unfinished
  • Full Bathrooms: 4
  • Fireplace: No
  • Flooring: Wood, Vinyl, Carpet
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Rolling Slope, Intown
  • Waterfront: No
  • Construction Type: Composition, Wood Frame
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel, Paved, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7840.8
  • Parcel #: 001429516
  • Zoning: Residential

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 37200.0
  • Annual Operating Expense: 21000.0

Tax Info

  • Tax Annual Amount: 1562.0
  • Tax Book Number: 6128
  • Tax Lot: 87A
  • Tax Map Number: 4
  • Tax Year: 2021

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2025 02/28/25 Sold $127,500 -14.4% $41 / Sq Ft
02/07/2025 02/07/25 Pending -- -- --
10/15/2024 10/15/24 For Sale $149,000 0.0% $48 / Sq Ft
10/01/2024 10/01/24 Pending -- -- --
07/17/2024 07/17/24 Price Changed $149,000 -6.8% $48 / Sq Ft
05/21/2024 05/21/24 For Sale $159,900 +25.4% $52 / Sq Ft
03/28/2024 03/28/24 Off Market $127,500 -- --
03/30/2023 03/30/23 For Sale $169,000 +322.5% $55 / Sq Ft
02/10/2021 02/10/21 Sold $40,000 -31.0% --
01/05/2021 01/05/21 Pending -- -- --
04/21/2012 04/21/12 For Sale $58,000 -- --
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 $1,619 $51,400 $3,900 $47,500
2021 $1,562 $51,400 $3,900 $47,500
2019 $1,195 $51,400 $3,900 $47,500
2018 $1,298 $51,400 $3,900 $47,500
2017 $1,331 $51,400 $3,900 $47,500
2016 $1,246 $51,400 $3,900 $47,500
2015 $1,246 $51,400 $3,900 $47,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1554980

Maine Listings