NOT LISTED FOR SALE

5 Congo Ave Thomaston, ME 04861

Estimated Value: $224,000 - $348,000

Studio
4 Baths
2,170 Sq Ft
$129/Sq Ft Est. Value

Last Sold October 26, 2018

Last sale price $151,000 $70 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $1,712/month

121 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Heating System Uses Oil
  • Camp Architecture

About This Home

As of October 2018

In-town Thomaston 4-unit multifamily with a strong rental history. Three 1-bedroom units and one 2- bedroom unit each with separate heat and electric. Property worthy of an investment analysis!

Last Agent to Sell the Property

Lewis Wheelwright

LandVest, Inc. Listed on: 05/15/2018

Last Buyer's Agent

Lewis Wheelwright

Legacy Properties Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,353

Year Built

  • Built in 1866

Lot Details

  • 4,792 Sq Ft Lot

Home Design

  • Camp Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Fiberglass Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 4 Full Bathrooms
  • 2,170 Sq Ft Home
  • 2-Story Property
  • Exterior Basement Entry

Flooring

  • Carpet
  • Laminate
  • Tile

Parking

  • Common or Shared Parking
  • Shared Driveway

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window
  • Natural Gas Not Available
  • Electric Water Heater
  • Internet Available

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Tax Lot 175
  • Assessor Parcel Number THON-000105-000000-175000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,353

Year Built

Built in 1866

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • MLS Status: Closed
  • Directions: Turn onto Congo Street from US 1. Property is straight ahead.
  • Above Grade Finished Sq Ft: 2170.0
  • Architectural Style: Camp
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1866
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 69.59
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.11
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 2170.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat Fuel:Oil: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Exterior:Vinyl Siding: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 4
  • Building Info:_pound_ Stories2: 2
  • Equipment:Internet Access Available: Yes
  • Style:Camp: Yes
  • Property Information:Bank Owned REO: No
  • Heat System:Direct Vent Heater: Yes
  • Basement Entry:Exterior Only: Yes
  • Roof:Fiberglass: Yes
  • Building Info:_pound_ Floors3: 3
  • Advertising Remarks:Advertising Remarks: In-town Thomaston 4-unit multifamily with a strong rental history. Three 1-bedroom units and one 2- bedroom unit each with separate heat and electric. Property worthy of an investment analysis!
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Bulkhead, Exterior Entry, Exterior Only
  • Full Bathrooms: 4
  • Fireplace: No
  • Flooring: Tile, Laminate, Carpet
  • Stories: 3

Exterior Features

  • Lot Features: Sidewalks, Near Shopping, Near Town
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Gravel/Pad, Concrete Perimeter
  • Roof: Fiberglass

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Common

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater
  • 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: 4791.6
  • Parcel #: THON-000105-000000-175000
  • Zoning: VC

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 2353.0
  • Tax Lot: 175
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2018
Closed on
Nov 1, 2018
Sold by
Coastal Productions Llc
Bought by
Ragaven Avikhael S
Seller's Agent
Lewis Wheelwright
LandVest, Inc.
Buyer's Agent
Lewis Wheelwright
LandVest, Inc.
List Price
$200,000
Sold Price
$151,000
Premium/Discount to List
-$49,000
-24.5%
Current Estimated Value
$280,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,279
Avg. Annual Appreciation
8.97%
Original Mortgage
$116,600
Outstanding Balance
$102,105
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$178,174

Purchase Details

Closed on
Sep 23, 2016
Sold by
Berndt Eric H and Matlack Edward T
Bought by
Coastal Productions Ll

Purchase Details

Closed on
Sep 12, 2016
Sold by
Berndt Eric H and Matlack Edward T
Bought by
Higgins-Matlack Ann and Berndt Eric H

Purchase Details

Closed on
Feb 10, 2006
Sold by
Matlack Edward T and Matlack Anne H
Bought by
Matlack Edward T and Matlack Anne H
Source: Public Records
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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
Ragaven Avikhael S -- --
Coastal Productions Ll -- --
Higgins-Matlack Ann -- --
Matlack Edward T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ragaven Avikhael S $116,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2018 10/26/18 Sold $151,000 -24.5% $70 / Sq Ft
09/14/2018 09/14/18 Pending -- -- --
05/15/2018 05/15/18 For Sale $200,000 -- $92 / 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 $2,958 $147,900 $13,500 $134,400
2023 $2,796 $147,930 $13,530 $134,400
2022 $2,678 $122,726 $13,530 $109,196
2021 $2,642 $122,726 $13,530 $109,196
2020 $2,704 $122,726 $13,530 $109,196
2019 $2,648 $118,572 $13,530 $105,042
2018 $2,538 $121,263 $13,530 $107,733
2017 $2,353 $121,263 $13,530 $107,733
2016 $2,265 $121,263 $13,530 $107,733
2015 $1,880 $104,283 $13,530 $90,753
2014 $1,735 $104,283 $13,530 $90,753
2013 $1,746 $104,283 $13,530 $90,753
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1350380

Maine Listings

APN: THON-000105-000000-175000