NOT LISTED FOR SALE

5 Lafayette St Unit A - B Sanford, ME 04073

Estimated Value: $279,000 - $363,000

4 Beds
2 Baths
1,360 Sq Ft
$232/Sq Ft Est. Value

Last Sold February 02, 2018

Last sale price $115,000 $85 Per Sq Ft

Est. 175% increase in value since last sale

Current estimated payment $1,924/month

114 Days on Market

Highlights

  • Raised Ranch Architecture
  • Attic
  • Bathtub
  • Wood Flooring
  • No HOA
  • Enclosed Glass Porch

About This Home

As of February 2018

Originally a Single Home, this up and down duplex now has 2 Bedrooms Up & Efficiency down- Investor Friendly Pricing makes it affordable for Landlords and Owner Occupants alike - Enclosed Back Porch - Convenient Intown Lot - Convenient to Hospital - Needs Cosmetics & Landscaping, but most major systems have been kept up to date. Bring your talent to this home and walk home with $$$ in your pocket.

Last Agent to Sell the Property

Diane Cote

EXP Realty Listed on: 07/21/2017

EXP Realty

Last Buyer's Agent

Drew Gore

Berkshire Hathaway HomeServices Verani Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,200

Year Built

  • Built in 1962

Lot Details

  • 3,485 Sq Ft Lot
  • Level Lot

Home Design

  • Duplex
  • Raised Ranch Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding
  • Clapboard

Interior Spaces

  • 2-Story Property
  • Finished Basement
  • Walk-Out Basement
  • Attic

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Full Bathrooms
  • Bathtub

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Cable TV Available

Additional Features

  • Enclosed Glass Porch
  • City Lot

Listing and Financial Details

  • Tax Lot 34B
  • Assessor Parcel Number SANF-000034B-I000027

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $16,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,200

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.08
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Route 111 - Cottage St. North, take right onto Lafayette St. & house is 1st on right
  • Above Grade Finished Sq Ft: 850.0
  • Architectural Style: Duplex, Raised Ranch
  • Building Stories: 2
  • Year Built: 1962
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.08
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 850.0
  • Property Information:SqFt Finished Below Grade: 510.0
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Walk-Out: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Exterior:Clapboard: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 16200.0
  • Amenities:Bathtub: Yes
  • Style:Duplex: Yes
  • Amenities:Attic: Yes
  • Property Information:Bank Owned REO: No
  • Equipment:Cable: Yes
  • Style:Raised Ranch: Yes
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Walk-Out Access, Finished
  • Full Bathrooms: 2
  • Below Grade Sq Ft: 510.0
  • Fireplace: No
  • Flooring: Wood, Vinyl, Carpet
  • Interior Amenities: Attic, Bathtub

Exterior Features

  • Lot Features: Level, Intown
  • Waterfront: No
  • Construction Type: Clapboard, Wood Frame
  • Patio And Porch Features: Glass Enclosed
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Forced Air, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3484.8
  • Parcel #: SANF-000034B-I000027
  • Zoning: UB

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 16200.0

Tax Info

  • Tax Annual Amount: 2200.0
  • Tax Book Number: 15165
  • Tax Lot: 34B
  • Tax Map Number: I27
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2017
Closed on
Feb 5, 2018
Sold by
Lam Thu and Nguyen Nhung
Bought by
Rogers Michael G and Rogers Agnes R
Seller's Agent
Diane Cote
EXP Realty
Buyer's Agent
Drew Gore
Berkshire Hathaway HomeServices Verani Realty
List Price
$125,000
Sold Price
$115,000
Premium/Discount to List
-$10,000
-8%
Current Estimated Value
$315,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,795
Avg. Annual Appreciation
14.00%
Original Mortgage
$112,917
Outstanding Balance
$80,108
Interest Rate
3.94%
Mortgage Type
FHA
Estimated Equity
$235,687
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
Rogers Michael G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rogers Michael G $112,917
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/02/2018 02/02/18 Sold $115,000 -8.0% $85 / Sq Ft
11/13/2017 11/13/17 Pending -- -- --
07/21/2017 07/21/17 For Sale $125,000 -- $92 / 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 $2,984 $184,900 $25,200 $159,700
2023 $2,777 $183,400 $25,200 $158,200
2022 $2,714 $183,400 $25,200 $158,200
2021 $2,736 $150,500 $25,200 $125,300
2020 $2,641 $131,000 $25,200 $105,800
2019 $2,498 $120,700 $25,200 $95,500
2018 $2,175 $106,100 $25,200 $80,900
2017 $2,201 $106,100 $25,200 $80,900
2016 $2,090 $91,900 $25,200 $66,700
2015 $2,054 $93,200 $25,200 $68,000
2014 $1,972 $89,200 $25,200 $64,000
2013 -- $91,200 $25,200 $66,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1318156

Maine Listings

APN: SANF-000034B-I000027