NOT LISTED FOR SALE

5 Highland Ave Mechanic Falls, ME 04256

Estimated Value: $288,000

3 Beds
2 Baths
-- Sq Ft
0.44 Acres

Last Sold December 29, 2016

Last sale price $17,500

Est. 1,546% increase in value since last sale

Current estimated payment $1,809/month

70 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Forced Air Heating System
  • Victorian Architecture
  • No HOA
  • Wood Siding

About This Home

As of December 2016

This property needs someone with a vision to bring it back to what it once was. The property is priced to reflect an as-is sale and the ability for a buyer to build equity. The most recent set up appears to be that of a two unit however a buyer may what to turn it back to a single family or buy it for the land. Many options!

Last Agent to Sell the Property

Desmond Duguay

Amnet Realty Listed on: 09/22/2016

Last Buyer's Agent

Desmond Duguay

Amnet Realty Listed on: 09/22/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 0.44 Acre Lot
  • Corner Lot

Parking

  • Gravel Driveway

Home Design

  • Victorian Architecture
  • Wood Frame Construction
  • Wood Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2-Story Property
  • Unfinished Basement
  • Interior Basement Entry

Flooring

  • Wood
  • Laminate
  • Vinyl

Location

  • City Lot

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 22
  • Assessor Parcel Number MECH-000021-000000-000022

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.44
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Located on the corner of Elm and Highland Avenue.
  • Architectural Style: Victorian
  • Building Stories: 2
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.44
  • Property Information:Total Baths: 2.0
  • Site:Corner Lot: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Oil: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Basement:Unfinished: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 2
  • Building Info:_pound_ Stories2: 2
  • Exterior:Wood Siding: Yes
  • Driveway:Gravel: Yes
  • Property Information:Bank Owned REO: Yes
  • Heat System:Direct Vent Heater: Yes
  • Utility Info Electric On Site: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Fireplace: No
  • Flooring: Wood, Vinyl, Laminate

Exterior Features

  • Lot Features: Corner Lot, Intown, Near Shopping
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Roof: Other

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Direct Vent Heater, Hot Air
  • Heating Yn: Yes
  • Electric: On Site
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 19166.4
  • Parcel #: MECH-000021-000000-000022
  • Zoning: 6

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1956.0
  • Tax Book Number: 9451
  • Tax Lot: 22
  • Tax Map Number: 21
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2020
Sold by
Aiken & Associates Llc
Bought by
Aiken Buddy R
Current Estimated Value
$288,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Outstanding Balance
$72,230
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$211,770
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
Aiken Buddy R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aiken Buddy R $80,000
Previous Owner Aiken Buddy $77,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2016 12/29/16 Sold $17,500 -25.5% --
12/02/2016 12/02/16 Pending -- -- --
09/22/2016 09/22/16 For Sale $23,500 -- --
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 $2,882 $187,128 $43,830 $143,298
2023 $2,620 $187,128 $43,830 $143,298
2022 $2,580 $115,969 $21,162 $94,807
2021 $2,505 $115,969 $21,162 $94,807
2020 $2,488 $115,969 $21,162 $94,807
2019 $2,430 $115,969 $21,162 $94,807
2018 $2,528 $115,969 $21,162 $94,807
2017 $2,551 $115,969 $21,162 $94,807
2016 $2,265 $91,403 $21,162 $70,241
2015 $1,956 $91,403 $21,162 $70,241
2014 $1,938 $91,403 $21,162 $70,241
Source: Public Records

Agents Affiliated with this Home

  • Desmond Duguay

    Seller's Agent in 2016

    Desmond Duguay

    Amnet Realty

    (207) 212-0598

    216 Total Sales

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Map

Source: Maine Listings

MLS Number: 1283730

Maine Listings

APN: MECH-000021-000000-000022

Maine Androscoggin County Mechanic Falls 04256

5 Highland Ave, Mechanic Falls, ME

This home is located at 5 Highland Ave, Mechanic Falls, ME 04256 since 22 September 2016 and is currently estimated at $288,000. This property was built in 1900. 5 Highland Ave is a home located in Androscoggin County with nearby schools including Elm Street School - Mechanic Falls and Poland Spring Academy.

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