NOT LISTED FOR SALE

51 Summit St Baileyville, ME 04694

Estimated Value: $164,457

Studio
2 Baths
2,592 Sq Ft
$63/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $77,000 $30 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $1,041/month

294 Days on Market

Highlights

  • Wood Flooring
  • Furnished
  • 2 Car Detached Garage
  • 2 Fireplaces
  • No HOA
  • 1-minute walk to Baileyville Recreation Department

About This Home

As of May 2021

Investors please take note regarding this duplex with great rental history. Great for the owner occupied property as well. It is worth the look. New boiler, new heat pumps, and more improvements. Offer your tenants a great place to live all inclusive lease, with the exception of cable internet, and phone services. Close to shopping and minutes to Route 1 traveling north or south. Close to all the lakes in the area. Two car detached garage is an asset to offer your tenants and for your storage. More photos of unit B to come.

Last Agent to Sell the Property

Heidi Holley

Realty of Maine Listed on: 07/12/2020

Realty of Maine

Last Buyer's Agent

Kirk Toth

Strategic Real Estate Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,188

Year Built

  • Built in 1900

Lot Details

  • 10,019 Sq Ft Lot
  • Rural Setting
  • Level Lot
  • Open Lot

Parking

  • 2 Car Detached Garage
  • Common or Shared Parking
  • Shared Driveway

Home Design

  • Duplex
  • Concrete Foundation
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,592 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • 2 Fireplaces
  • Storm Doors
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Full Bathrooms
  • Bathtub
  • Shower Only

Unfinished Basement

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

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Heat Pump System
  • Baseboard Heating
  • Hot Water Heating System
  • Internet Available

Additional Features

  • Level Entry For Accessibility
  • City Lot

Listing and Financial Details

  • Tax Lot 93
  • Assessor Parcel Number BAIL-000018-000000-000093

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $10,193
  • Gross Income $20,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,188

Year Built

Built in 1900

Lot Details

10,019 Sq Ft Lot

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.23
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Route 1 to Baileyville. Turn onto Second Street. Building is located on the corner of Second and Summit. Sign on the property.
  • Above Grade Finished Sq Ft: 2592.0
  • Architectural Style: Duplex
  • Garage Yn: Yes
  • Efficiency: Storm Doors, Ceiling Fans
  • Building Stories: 2
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 29.71
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.23
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2592.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: 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: 2.0
  • Exterior:Vinyl Siding: Yes
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Driveway:Common2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Property Information:Number of Units: 2
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 20400.0
  • Income Expenses Operating Expenses: 10193.0
  • Foundation Materials:Block3: Yes
  • Amenities:Bathtub: Yes
  • Building Info:_pound_ Fireplaces3: 2
  • Style:Duplex: Yes
  • Property Information:Short Sale Continue to Show: No
  • Location:Rural: Yes
  • Equipment:Internet Access Available: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Energy Efficiency:Ceiling Fans: Yes
  • Amenities:Furniture Included: Yes
  • Accessibilitiy Amenities:Level Entry: Yes
  • Energy Efficiency:Storm Doors: Yes
  • Building Info:_pound_ Floors3: 2
  • Advertising Remarks:Advertising Remarks: Investors please take note regarding this duplex with great rental history. Great for the owner occupied property as well. It is worth the look. New boiler, new heat pumps, and more improvements. Offer your tenants a great place to live all inclusive lease, with the exception of cable internet, and phone services. Close to shopping and minutes to Route 1 traveling north or south. Close to all the lakes in the area. Two car detached garage is an asset to offer your tenants and for your storage. More photos of unit B to come.
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Accessibility Features: Level Entry
  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Wood, Vinyl
  • Interior Amenities: Furniture Included, Bathtub, Shower
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Intown, Near Shopping, Neighborhood, Rural
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Block, Concrete Perimeter
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Paved, Common, Detached

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Heat Pump, Baseboard
  • 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: 10018.8
  • Parcel #: BAIL-000018-000000-000093
  • Zoning: Village

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 20400.0
  • Annual Operating Expense: 10193.0

Tax Info

  • Tax Annual Amount: 1188.0
  • Tax Lot: 93
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 2016
Sold by
Camden National Bank
Bought by
Dube Wesley J
Current Estimated Value
$164,457

Purchase Details

Closed on
Mar 24, 2014
Sold by
Manza Joseph S
Bought by
Knowles April
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Dube Wesley J -- --
Knowles April -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2021 05/28/21 Sold $77,000 0.0% $30 / Sq Ft
05/03/2021 05/03/21 Pending -- -- --
07/12/2020 07/12/20 For Sale $77,000 -- $30 / Sq Ft
Source: Maine Listings

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 $2,094 $107,400 $8,600 $98,800
2024 $1,688 $89,800 $7,200 $82,600
2023 $1,442 $75,500 $6,000 $69,500
2022 $1,271 $64,500 $5,000 $59,500
2021 $1,303 $64,500 $5,000 $59,500
2020 $507 $59,700 $5,000 $54,700
2019 $1,188 $59,700 $5,000 $54,700
2018 $1,057 $59,700 $5,000 $54,700
2017 $997 $59,700 $5,000 $54,700
2016 $997 $59,700 $5,000 $54,700
2015 $1,218 $59,700 $5,000 $54,700
2014 $1,224 $59,700 $5,000 $54,700
2013 $1,673 $77,100 $5,000 $72,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1460035

Maine Listings

APN: BAIL-000018-000000-000093

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