NOT LISTED FOR SALE

5 Depot St Buckfield, ME 04220

-- Bed
2.5 Baths
1,859 Sq Ft
3,485 Sq Ft Lot

Last Sold May 19, 2023

Last sale price $85,000 $46 Per Sq Ft

295 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Wooded Lot
  • No HOA
  • Colonial Architecture
  • Wood Flooring
  • Level Lot

About This Home

As of May 2023

Great potential in this mixed use building! There are two commercial spaces on the first floor with a longterm tenant in one unit and two residential apartments on the second and third floors. Located in the town center with beautiful river frontage on the Nezinscot River, the property has been in the same family for decades and is ready for new owners to take over. An attached barn is currently being used by the owner but, has potential to generate even more rental income as a workshop or storage.

Last Agent to Sell the Property

Stephanie Morrison

Morrison Real Estate Listed on: 11/21/2022

Last Buyer's Agent

Desmond Duguay

Amnet Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,012

Year Built

  • Built in 1732

Lot Details

  • 3,485 Sq Ft Lot
  • 50 Feet of Waterfront
  • River Front
  • Level Lot
  • Open Lot
  • Wooded Lot

Home Design

  • Colonial Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Metal Roof
  • Clap Board Siding
  • Clapboard

Interior Spaces

  • 1,859 Sq Ft Home
  • Water Views

Flooring

  • Wood
  • Vinyl

Basement

  • Exterior Basement Entry
  • Dirt Floor
  • Crawl Space

Parking

  • No Driveway
  • On-Street Parking

Location

  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater
  • Septic System
  • Septic Design Available
  • Private Sewer

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number BUCD-000013-000001-000022

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $9,006
  • Gross Income $16,236

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,012

Year Built

Built in 1732

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.08
  • Water Body Name: Nezinscot River
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1859.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Year Built: 1732
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 67.24
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.08
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 1859.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat Fuel:Oil: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Water Heater:Electric2: Yes
  • Roof:Metal: Yes
  • Property Information:Number of Units: 4
  • Exterior:Clapboard: Yes
  • Income Expenses Gross Income: 16236.0
  • Income Expenses Operating Expenses: 9006.0
  • Style:Colonial: Yes
  • Basement:Crawl Space: Yes
  • Sewer:Private Sewer: Yes
  • Basement:Dirt Floor: Yes
  • Water Info:Waterfront Amount -: 50.0
  • Water Info:Water Frontage Owned -: 50.0
  • Site:Wooded: Yes
  • Driveway:No Driveway: Yes
  • Sewer:Septic Existing on Site: Yes
  • Sewer:Septic Design Available: Yes
  • Heat System:Direct Vent Heater: Yes
  • Parking:On Street: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Dirt Floor, Crawl Space, Exterior Entry, Bulkhead
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Flooring: Wood, Vinyl

Exterior Features

  • Lot Features: Level, Open Lot, Sidewalks, Wooded, Intown
  • Waterfront Features: River
  • Waterfront: Yes
  • Construction Type: Clapboard, Wood Frame
  • Roof: Metal, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Driveway, On Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater, Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Design Available, Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3484.8
  • Parcel #: BUCD-000013-000001-000022
  • Zoning: General Development

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 16236.0
  • Annual Operating Expense: 9006.0

Tax Info

  • Tax Annual Amount: 2012.0
  • Tax Lot: 22
  • Tax Year: 2021

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 List to Sale Price per Sq Ft
05/19/2023 05/19/23 Sold $85,000 -32.0% $46 / Sq Ft
11/21/2022 11/21/22 For Sale $125,000 +47.1% $67 / Sq Ft
11/17/2022 11/17/22 Off Market $85,000 -- --
10/28/2022 10/28/22 Price Changed $125,000 -7.4% $67 / Sq Ft
05/25/2022 05/25/22 For Sale $135,000 -- $73 / 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 $1,162 $91,100 $11,200 $79,900
2023 $2,801 $107,300 $35,000 $72,300
2022 $3,029 $107,300 $35,000 $72,300
2021 $2,012 $107,300 $35,000 $72,300
2020 $2,339 $107,300 $35,000 $72,300
2019 $2,587 $107,300 $35,000 $72,300
2018 $2,546 $107,300 $35,000 $72,300
2017 $2,399 $107,300 $35,000 $72,300
2016 $2,309 $107,300 $35,000 $72,300
2015 $2,232 $107,300 $35,000 $72,300
2014 $2,205 $107,300 $35,000 $72,300
2013 $2,285 $107,300 $35,000 $72,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1529626

Maine Listings