NOT LISTED FOR SALE

5 Hillcrest St Gardiner, ME 04345

Estimated Value: $243,415 - $298,000

3 Beds
2 Baths
2,112 Sq Ft
$127/Sq Ft Est. Value

Last Sold December 01, 2021

Last sale price $179,900 $85 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,702/month

109 Days on Market

Highlights

  • Cape Cod Architecture
  • Level Lot
  • Heating System Uses Kerosene
  • No HOA
  • Carpet

About This Home

As of December 2021

Centrally located two family with large yard. Each unit has two bedrooms, full bath, plus washer and dryer. Living room, kitchen offering stove, refrigerator. First and second floor units, vinyl siding, great parking. Tenants pay heat and lights. Convenient location to downtown schools and I-295.

Last Agent to Sell the Property

Kim Gleason

McAllister Real Estate Listed on: 09/03/2021

Last Buyer's Agent

Mindy Sanderson

Coldwell Banker Residential Brokerage

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,192

Year Built

  • Built in 1900

Lot Details

  • 0.4 Acre Lot
  • Level Lot
  • Open Lot

Home Design

  • 2,112 Sq Ft Home
  • Cape Cod Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Flooring

  • Carpet
  • Vinyl

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement
  • Interior and Exterior Basement Entry

Parking

  • Gravel Driveway
  • Off-Street Parking

Utilities

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

Additional Features

  • 2 Full Bathrooms
  • Laundry on main level
  • City Lot

Listing and Financial Details

  • Tax Lot 122
  • Assessor Parcel Number GARR-000036-000000-000122

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $4,093
  • Gross Income $16,080

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,192

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.4
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From Highland Ave. right onto Hillcrest, second house on the right.
  • Above Grade Finished Sq Ft: 2112.0
  • Architectural Style: Cape
  • Garage Yn: No
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.4
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2112.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Gas:No Gas: Yes
  • Basement:Partial: Yes
  • Property Information:Number of Units: 2
  • Income Expenses Gross Income: 16080.0
  • Income Expenses Operating Expenses: 4093.0
  • Amenities:Laundry - 1st Floor: Yes
  • Heat Fuel:K-1Kerosene: Yes
  • Driveway:Gravel: Yes
  • Heat System:Direct Vent Heater: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Partial, Exterior Entry, Bulkhead, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Flooring: Vinyl, Carpet
  • Full Basement: Yes

Exterior Features

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

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - 1st Floor, Upper Level, Main Level
  • 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: 17424.0
  • Parcel #: GARR-000036-000000-000122
  • Zoning: Residential

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 16080.0
  • Annual Operating Expense: 4093.0

Tax Info

  • Tax Annual Amount: 2192.0
  • Tax Book Number: 10640
  • Tax Lot: 122
  • Tax Map Number: 36
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2021
Closed on
Oct 12, 2021
Sold by
Elwell Raeleen
Bought by
Elwell Raeleen and Elwell Robert
Seller's Agent
Kim Gleason
McAllister Real Estate
Buyer's Agent
Mindy Sanderson
Coldwell Banker Residential Brokerage
List Price
$189,900
Sold Price
$179,900
Premium/Discount to List
-$10,000
-5.27%
Current Estimated Value
$267,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,572
Avg. Annual Appreciation
11.72%

Purchase Details

Closed on
May 16, 2016
Sold by
Chapman Daniel G and Chapman Sandra J
Bought by
Livernois Raeleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,425
Interest Rate
3.71%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 30, 2015
Sold by
Msha
Bought by
Chapman Daniel G and Chapman Sandra J
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
Elwell Raeleen -- None Available
Livernois Raeleen -- --
Chapman Daniel G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elwell Raeleen $30,000
Previous Owner Livernois Raeleen $32,489
Previous Owner Livernois Raeleen $112,425
Previous Owner Patterson Maria E $36,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2021 12/01/21 Sold $179,900 -5.3% $85 / Sq Ft
10/13/2021 10/13/21 Pending -- -- --
06/25/2021 06/25/21 For Sale $189,900 -- $90 / 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 $2,601 $101,600 $22,900 $78,700
2023 $2,408 $101,600 $22,900 $78,700
2022 $2,256 $101,600 $22,900 $78,700
2021 $2,196 $101,200 $22,900 $78,300
2020 $2,196 $101,200 $22,900 $78,300
2019 $2,196 $101,200 $22,900 $78,300
2018 $2,166 $101,200 $22,900 $78,300
2017 $2,226 $101,200 $22,900 $78,300
2016 $2,176 $101,200 $22,900 $78,300
2015 $2,186 $101,200 $22,900 $78,300
2014 $2,085 $101,200 $22,900 $78,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1498087

Maine Listings

APN: GARR-000041-000000-000087