NOT LISTED FOR SALE

5 Forest Ave Orono, ME 04473

Estimated Value: $310,967 - $390,000

6 Beds
2 Baths
-- Sq Ft
0.36 Acres

Last Sold March 25, 2016

Last sale price $125,000

Est. 176% increase in value since last sale

Current estimated payment $2,271/month

27 Days on Market

Highlights

  • Country Club
  • Wood Flooring
  • Zoned Heating
  • Orono Middle School Rated A
  • No HOA
  • Baseboard Heating

About This Home

As of March 2016

This 2 unit property in the center of Orono is an ideal location for renters. Great rental history. 3 bedroom unit on the first floor and a 3 bedroom unit on the 2nd floor. Don't miss this rare opportunity to purchase a turn key rental unit in Orono.

Last Agent to Sell the Property

Chad Bradbury

ERA Dawson-Bradford Co. Listed on: 01/08/2016

ERA Dawson-Bradford Co.

Last Buyer's Agent

NON-MREIS AGENT

Non MREIS Agency

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 0.36 Acre Lot
  • Level Lot
  • Open Lot

Parking

  • Gravel Driveway

Home Design

  • Duplex
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Unfinished Basement

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

Location

  • Property is near a golf course
  • City Lot

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Legal Lot and Block 022 / 002
  • Assessor Parcel Number 5forestavenueoronomaine04473

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Country Club

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.36
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: North on Main Street in Orono. Turn left onto Bennoch Road and a quick left onto Forest Avenue. Property is the 2nd driveway on left.
  • Architectural Style: Duplex
  • Year Built: 1910
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.36
  • Property Information:Total Baths: 2.0
  • Site:Level: Yes
  • Site:Open: 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
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Exterior:Vinyl Siding: Yes
  • Gas:Natural - On Site: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 2
  • Heat System:Multi-Zones: Yes
  • Style:Duplex: Yes
  • Driveway:Gravel: Yes
  • Location:Near Country Club: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Lot Features: Level, Open Lot, Sidewalks, Intown, Near Golf Course, Near Shopping, Near Town
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Gravel

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, 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: 15681.6
  • Parcel #: 5forestavenueoronomaine04473
  • Zoning: MDR

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3315.0
  • Tax Block: 002
  • Tax Book Number: 11093
  • Tax Lot: 022
  • Tax Map Number: 027
  • Tax Year: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2020
Sold by
Roxby Robert W Est
Bought by
Robert W Roxby Ft
Current Estimated Value
$344,542

Purchase Details

Listed on
Jan 8, 2016
Closed on
May 10, 2016
Sold by
Laverdiere Mark K and Laverdiere Inez A
Bought by
19 Park Street Llc
Seller's Agent
Chad Bradbury
ERA Dawson-Bradford Co.
Buyer's Agent
NON-MREIS AGENT
Non MREIS Agency
List Price
$125,000
Sold Price
$125,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.52%
Original Mortgage
$93,760
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 8, 2016
Closed on
Mar 31, 2016
Sold by
Umaine Properties Llc
Bought by
Laverdiere Mark K and Laverdiere Inez A
Seller's Agent
Chad Bradbury
ERA Dawson-Bradford Co.
Buyer's Agent
NON-MREIS AGENT
Non MREIS Agency
List Price
$125,000
Sold Price
$125,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,760
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 21, 2007
Sold by
Graiver Loni
Bought by
Ume Properties Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Robert W Roxby Ft -- None Available
Robert W Roxby Ft -- None Available
19 Park Street Llc -- --
Laverdiere Mark K -- --
Laverdiere Mark K -- --
Ume Properties Llc -- --
Ume Properties Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 19 Park Street Llc $130,000
Previous Owner Laverdiere Mark K $93,760
Previous Owner Umaine Props L L C $493,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2016 03/25/16 Sold $125,000 0.0% --
02/05/2016 02/05/16 Pending -- -- --
01/08/2016 01/08/16 For Sale $125,000 -- --
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 $4,603 $215,600 $35,000 $180,600
2023 $4,586 $196,000 $31,800 $164,200
2022 $4,665 $196,000 $31,800 $164,200
2021 $4,655 $196,000 $31,800 $164,200
2020 $3,817 $135,900 $46,200 $89,700
2019 $3,595 $135,900 $46,200 $89,700
2018 $3,669 $135,900 $46,200 $89,700
2017 $3,533 $135,900 $46,200 $89,700
2016 $3,377 $135,900 $46,200 $89,700
2015 $3,316 $135,900 $46,200 $89,700
2014 $3,241 $135,900 $46,200 $89,700
2013 $3,153 $135,900 $46,200 $89,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1247814

Maine Listings

APN: ORON-027002-000000-000022