NOT LISTED FOR SALE

51 Main St Jay, ME 04239

Jay Area

Estimated Value: $219,000 - $304,827

Studio
4 Baths
3,819 Sq Ft
$69/Sq Ft Est. Value

Sale Details

Date Sold: December 28, 2022

Last sale price $205,000 $54 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,715 / mo

127 Days on Market

Highlights

  • No HOA
  • Property is near shops
  • Baseboard Heating
  • 2 Car Garage
  • Ceiling Fan
  • Level Lot

About This Home

As of December 2022

Looking for an income producing investment property? This 4 unit building has two 2BR/1BA units and two 3BR/1BA units. All roofs have been replaced within 5-6 years and 1 of the 2 furnaces was replaced in 2016. Off street parking is available for all tenants along with 2 garage spaces. Minutes to schools, shopping, medical and municipal offices. Be an on-site landlord and live rent free!

Last Agent to Sell the Property

Kenneth Jacques

Bean Group Listed on: 08/22/2022

Last Buyer's Agent

Michael Foster

ERA Dawson-Bradford Co.

ERA Dawson-Bradford Co.
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,412

Year Built

  • Built in 1930

Lot Details

  • 7,405 Sq Ft Lot
  • Level Lot
  • Open Lot

Parking

  • 2 Car Garage
  • Gravel Driveway

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 4 Full Bathrooms
  • 3,819 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan

Flooring

  • Carpet
  • Laminate
  • Vinyl

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Location

  • Property is near shops
  • City Lot

Utilities

  • Cooling Available
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 040
  • Assessor Parcel Number JAYY-000015-000000-000040

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $12,836
  • Gross Income $36,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,412

Year Built

Built in 1930

Lot Details

7,405 Sq Ft Lot

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.17
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 3819.0
  • Architectural Style: Other Style
  • Garage Yn: Yes
  • Efficiency: Ceiling Fans
  • Building Stories: 3
  • Year Built: 1930
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 58.92
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.17
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 3819.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Vehicle Storage:Detached: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 4
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 36600.0
  • Income Expenses Operating Expenses: 12836.0
  • Parking:On Site2: Yes
  • Driveway:Gravel: Yes
  • Energy Efficiency:Ceiling Fans: Yes
  • Building Info:_pound_ Floors3: 3
  • Advertising Remarks:Advertising Remarks: Looking for an income producing investment property? This 4 unit building has two 2BR/1BA units and two 3BR/1BA units. All roofs have been replaced within 5-6 years and 1 of the 2 furnaces was replaced in 2016. Off street parking is available for all tenants along with 2 garage spaces. Minutes to schools, shopping, medical and municipal offices. Be an on-site landlord and live rent free!
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Walk-Out Access, Full, Interior Entry
  • Full Bathrooms: 4
  • Fireplace: No
  • Flooring: Vinyl, Laminate, Carpet
  • Stories: 3
  • Full Basement: Yes

Exterior Features

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

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Gravel, Paved, On Site, Detached

Utilities

  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Hot Water, 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: 7405.2
  • Parcel #: JAYY-000015-000000-000040
  • Zoning: per town

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 36600.0
  • Annual Operating Expense: 12836.0

Tax Info

  • Tax Annual Amount: 2412.0
  • Tax Lot: 040
  • Tax Year: 2021

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2022
Closed on
Dec 28, 2022
Sold by
Jacques Ronald P
Bought by
Seller's Agent
Kenneth Jacques
Bean Group
Buyer's Agent
Michael Foster
ERA Dawson-Bradford Co.
List Price
$225,000
Sold Price
$205,000
Premium/Discount to List
-$20,000
-8.89%
Current Estimated Value
$264,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,707
Avg. Annual Appreciation
7.23%
Original Mortgage
$253,732
Outstanding Balance
$243,415
Interest Rate
6.75%
Mortgage Type
FHA
Estimated Equity
$21,292

Purchase Details

Closed on
Sep 23, 2005
Sold by
Stpierre Raymond J and Stpierre Judith M
Bought by
Jacques Ronald P
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$205,000 None Available
Jacques Ronald P -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $22,572
Open Apollon Patrick O $253,732
Closed Jacques Ronald P $50,000
Closed Jacques Ronald P $125,088
Previous Owner C G & D G Dev Llc --
Closed Cg & Dg Dev Llc $29,850
Previous Owner C G & D G Dev Llc $30,000
Closed C G & D G Dev Llc $30,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/28/2022 12/28/22 Sold $205,000 -8.9% $54 / Sq Ft
08/22/2022 08/22/22 For Sale $225,000 -- $59 / Sq Ft
Source: Maine Listings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,130 $260,840 $41,440 $219,400
2024 $2,589 $117,680 $11,040 $106,640
2023 $2,707 $117,680 $11,040 $106,640
2022 $2,412 $117,680 $11,040 $106,640
2021 $2,412 $117,680 $11,040 $106,640
2020 $961 $117,680 $11,040 $106,640
2019 $3,046 $117,680 $11,040 $106,640
2018 $293 $117,680 $11,040 $106,640
2017 $1,996 $117,680 $11,040 $106,640
2016 $2,807 $117,680 $11,040 $106,640
2015 $2,030 $117,680 $11,040 $106,640
2014 $1,853 $117,680 $11,040 $106,640
Source: Public Records

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Map

Source: Maine Listings

MLS Number: 1540795

Maine Listings

APN: JAYY-000015-000000-000040

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