NOT LISTED FOR SALE

5 Laurel St Sanford, ME 04073

Estimated Value: $256,000 - $318,000

2 Beds
2 Baths
2,332 Sq Ft
$126/Sq Ft Est. Value

Last Sold October 21, 2021

Last sale price $215,000 $92 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $1,792/month

43 Days on Market

Highlights

  • Nearby Water Access
  • No HOA
  • 3 Car Detached Garage
  • Wood Flooring
  • Screened Porch
  • Level Lot

About This Home

As of October 2021

Fantastic opportunity to own a duplex in town Sanford. Situated on a dead end street, both units boast 2 spacious bedrooms, a bonus room, perfect for an office/den, a 3 season porch. a walk up attic with two additional rooms, an efficient gas heating system, and a one and two- car detached garage.Just steps to Number one Pond and historic trails around the water, short distance to local farmers market in town. Enjoy a BBQ in your spacious back yard. Live in one side and rent the other or buy as an investment property. Don't miss this opportunity!

Last Agent to Sell the Property

Deja Lett

Keller Williams Realty Listed on: 03/30/2021

Keller Williams Realty

Last Buyer's Agent

Victor Chau

Berkshire Hathaway HomeServices Verani Realty

Berkshire Hathaway HomeServices Verani Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,568

Year Built

  • Built in 1932

Lot Details

  • 7,841 Sq Ft Lot
  • Level Lot
  • Open Lot

Parking

  • 3 Car Detached Garage
  • Driveway

Home Design

  • Duplex
  • Brick Foundation
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2,332 Sq Ft Home
  • 2-Story Property
  • Screened Porch

Flooring

  • Wood
  • Carpet
  • Vinyl

Basement

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

Outdoor Features

  • Nearby Water Access
  • River Nearby

Location

  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 0022
  • Assessor Parcel Number SANF-000022-J000027

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $15,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,568

Year Built

Built in 1932

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.18
  • MLS Status: Closed
  • Directions: River Street, right on Laurel Street, Right on Laurel Court. Last home on the right, sign at the end of the road.
  • Above Grade Finished Sq Ft: 2332.0
  • Architectural Style: Duplex
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1932
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 90.05
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.18
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2332.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 3.0
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Vehicle Storage:Detached: Yes
  • Roof:Metal: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:BrickMortar2: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 15000.0
  • Style:Duplex: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Recreational Water:RiverBrookStream: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Water Info:Island3: No
  • Heat System:Direct Vent Furnace: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Advertising Remarks:Advertising Remarks: Fantastic opportunity to own a duplex in town Sanford. Situated on a dead end street, both units boast 2 spacious bedrooms, a bonus room, perfect for an office/den, a 3 season porch. a walk up attic with two additional rooms, an efficient gas heating system, and a one and two- car detached garage.Just steps to Number one Pond and historic trails around the water, short distance to local farmers market in town. Enjoy a BBQ in your spacious back yard. Live in one side and rent the other or buy as an investment property. Don't miss this opportunity!
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full, Interior Entry
  • Full Bathrooms: 2
  • Flooring: Wood, Vinyl, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Intown, Near Shopping
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Screened
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: 1 - 4 Spaces, Paved, Detached

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Furnace
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7840.8
  • Parcel #: SANF-000022-J000027
  • Zoning: UB

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 15000.0

Tax Info

  • Tax Annual Amount: 4568.0
  • Tax Lot: 0022
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 18, 2014
Sold by
Jp Morgan Chase Bank Na
Bought by
Palmer John C
Current Estimated Value
$292,968

Purchase Details

Closed on
Oct 15, 2013
Sold by
Jp Morgan Chase Bank Na
Bought by
Jp Morgan Chase Bank Na

Purchase Details

Closed on
Jun 19, 2009
Sold by
Brown Patrick T and Brown Diane A
Bought by
Weaver Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,755
Interest Rate
4.91%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 21, 2007
Sold by
Young Patricia A Est
Bought by
Brown Patrick and Brown Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
6.23%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Palmer John C $48,000 --
Jp Morgan Chase Bank Na -- --
Weaver Gloria -- --
Brown Patrick -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brown Patrick $87,755
Previous Owner Brown Patrick $104,000
Previous Owner Brown Patrick $26,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2021 10/21/21 Sold $215,000 -8.5% $92 / Sq Ft
05/13/2021 05/13/21 Pending -- -- --
03/30/2021 03/30/21 For Sale $235,000 -- $101 / 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 $2,987 $174,700 $25,500 $149,200
2024 $2,820 $174,700 $25,500 $149,200
2023 $2,622 $173,200 $25,500 $147,700
2022 $2,563 $173,200 $25,500 $147,700
2021 $2,498 $137,400 $25,500 $111,900
2020 $2,518 $124,900 $25,500 $99,400
2019 $2,287 $110,500 $25,500 $85,000
2018 $2,191 $106,900 $25,500 $81,400
2017 $2,107 $101,600 $25,500 $76,100
2016 $2,119 $93,200 $25,500 $67,700
2015 $1,977 $89,700 $25,500 $64,200
2014 $1,939 $89,700 $25,500 $64,200
2013 -- $89,700 $25,500 $64,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1485881

Maine Listings

APN: SANF-000020-J000027