NOT LISTED FOR SALE

5 Hitching Post Ln Abbot, ME 04406

Estimated Value: $330,045

Studio
5 Baths
4,292 Sq Ft
$77/Sq Ft Est. Value

Last Sold August 02, 2021

Last sale price $250,000 $58 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,110/month

46 Days on Market

Highlights

  • River Nearby
  • No HOA
  • Baseboard Heating
  • Colonial Architecture
  • Pasture
  • Coin Laundry

About This Home

As of August 2021

Solid investment in a modern (not a cut-up victorian antique) building.
This property has a generator hookup for heat, hall lighting and water, even if the power goes out for a time. 6 Acres, private well and septic, so no huge water bills! Energy efficient, and comfortable.
5 units, fully rented, and has coin-op washer/dryer, additional storage spaces for tenants in the basement area, and has great potential to be a wonderful owner-occupied building...where you have room for a garden and plenty of space to build another apartment building!
All rents were frozen, as a courteousey to the tenants during covid, but they are below market at $650/month. This property is just 5 minutes away from Puritan Products in Guilford, where the jobs are booming, and housing is in short supply.

Last Agent to Sell the Property

Dolly Perkins

Realty of Maine Listed on: 03/31/2021

Realty of Maine

Co-Listed By

Lliam Perkins

Realty of Maine

Last Buyer's Agent

Dolly Perkins

Realty of Maine Listed on: 03/31/2021

Realty of Maine

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,983

Year Built

  • Built in 1988

Lot Details

  • 6.71 Acre Lot
  • Rural Setting
  • Lot Has A Rolling Slope

Parking

  • Gravel Driveway

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Wood Siding
  • Clap Board Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 5 Full Bathrooms
  • 2-Story Property

Flooring

  • Carpet
  • Vinyl

Basement

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

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Underground Utilities
  • Natural Gas Not Available
  • Private Water Source
  • Well
  • Septic System
  • Private Sewer

Additional Features

  • River Nearby
  • Pasture

Listing and Financial Details

  • Tax Lot 63-2
  • Assessor Parcel Number ABBO-000003-000000-000063-000002

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Amenities

  • Coin Laundry
  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,983

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 6.71
  • Road Surface Type: Paved
  • Co List Office Phone: 207-942-6310
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 3480.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1988
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 79.02
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 6.71
  • Property Information:Total Baths: 5.0
  • Property Information:SqFt Finished Above Grade: 3480.0
  • Property Information:SqFt Finished Below Grade: 812.0
  • Property Information:Garage: No
  • 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
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Amenities:Storage: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 5
  • Exterior:Clapboard: Yes
  • Building Info:_pound_ Stories2: 2
  • Exterior:Wood Siding: Yes
  • Style:Colonial: Yes
  • Sewer:Private Sewer: Yes
  • Roof:Pitched: Yes
  • Recreational Water:RiverBrookStream: Yes
  • Location:Rural: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:RollingSloping: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Site:PastureField: Yes
  • Electric:Underground: Yes
  • Amenities:Laundry - Coin: Yes
  • Advertising Remarks:Advertising Remarks: Solid investment in a modern (not a cut-up victorian antique) building. This property has a generator hookup for heat, hall lighting and water, even if the power goes out for a time. 6 Acres, private well and septic, so no huge water bills! Energy efficient, and comfortable. 5 units, fully rented, and has coin-op washer/dryer, additional storage spaces for tenants in the basement area, and has great potential to be a wonderful owner-occupied building...where you have room for a garden and plenty of space to build another apartment building! All rents were frozen, as a courteousey to the tenants during covid, but they are below market at $650/month. This property is just 5 minutes away from Puritan Products in Guilford, where the jobs are booming, and housing is in short supply.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full, Exterior Entry, Bulkhead
  • Full Bathrooms: 5
  • Below Grade Sq Ft: 812.0
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Storage
  • Full Basement: Yes

Exterior Features

  • Lot Features: Rolling Slope, Pasture, Rural
  • Waterfront: No
  • Construction Type: Wood Siding, Clapboard, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Pitched, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 11 - 20 Spaces, Gravel

Utilities

  • Laundry Features: Laundry - Coin
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Underground, Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 292287.6
  • Parcel #: ABBO-000003-000000-000063-000002
  • Zoning: NONE

Multi Family

  • Number Of Units Total: 5

Tax Info

  • Tax Annual Amount: 3983.0
  • Tax Lot: 63-2
  • Tax Year: 2020
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Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2021 08/02/21 Sold $250,000 -9.1% $58 / Sq Ft
05/17/2021 05/17/21 Pending -- -- --
03/31/2021 03/31/21 For Sale $275,000 -- $64 / 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
2025 $4,605 $438,580 $47,140 $391,440
2024 $4,537 $371,850 $40,990 $330,860
2023 $4,176 $288,030 $31,610 $256,420
2022 $4,004 $288,030 $31,610 $256,420
2021 $3,982 $286,480 $31,610 $254,870
2020 $3,982 $286,480 $31,610 $254,870
2019 $3,982 $286,480 $31,610 $254,870
2018 $3,896 $286,480 $31,610 $254,870
2017 $3,810 $286,480 $31,610 $254,870
2016 $3,910 $286,480 $31,610 $254,870
2015 $3,796 $286,480 $31,610 $254,870
2014 $3,696 $286,480 $31,610 $254,870
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1486024

Maine Listings

APN: ABBO-000003-000000-000063-000002