$95,000
SOLD JUL 29, 2022

510 Hancock St Rumford, ME 04276

-- Bed
2 Baths
2,470 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$38 Per Sq Ft

9% Above List Price

1 Day on Market

Highlights

  • Wood Flooring
  • No HOA
  • Bathtub
  • Main Floor Bedroom
  • Screened Porch
  • Forced Air Heating System

About This Home

As of December 2022

Great investment or owner occupied property which has been well maintained. This 2 unit property has a 2 bedroom unit on the first floor and a 3 bedroom unit with a bonus room on the 2nd floor, an open front porch, an enclosed porch at the rear of the building and a nice backyard. It is located in-town, close to all amenities, and is near many recreational areas with Black Mountain Ski Area a few miles away, and Sunday River Skie resort within 30 minutes. This is a must to see! #2197

Last Agent to Sell the Property

Sally Arsenault

Riverside Realty Listed on: 03/28/2022

Last Buyer's Agent

Roger Whitehouse

The Whittemore Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,126

Year Built

  • Built in 1900

Lot Details

  • 6,970 Sq Ft Lot
  • Level Lot
  • Open Lot

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 2,470 Sq Ft Home
  • 2-Story Property
  • Screened Porch

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 2 Full Bathrooms
  • Bathtub

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Unfinished Basement

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

Parking

  • Driveway
  • Paved Parking

Location

  • Property is near a golf course
  • City Lot

Utilities

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

Listing and Financial Details

  • Tax Lot 174
  • Assessor Parcel Number RUMF-000113-000000-000174

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • The community has rules related to deed restrictions

Building Details

  • Operating Expense $8,487
  • Gross Income $18,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,126

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.16
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From Route 2 West head up Lincoln Ave. turn right onto Hancock Street property is second building on the right.
  • Above Grade Finished Sq Ft: 2470.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.16
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2470.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: 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
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Amenities:Laundry - Hookup: Yes
  • Basement:Unfinished: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 18600.0
  • Income Expenses Operating Expenses: 8486.6
  • Style:Multi-Level: Yes
  • Amenities:Bathtub: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed Restrictions: Yes
  • Property Information:Bank Owned REO: No
  • Water Heater:Oil2: Yes
  • Equipment:Cable: Yes
  • Exterior:Aluminum Siding: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Flooring: Wood, Vinyl, Laminate, Carpet
  • Interior Amenities: 1st Floor Bedroom, Bathtub
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Intown, Near Golf Course, Near Shopping, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Aluminum Siding, Wood Frame
  • Patio And Porch Features: Porch, Screened
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Forced Air, Baseboard, Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: RSU 10

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6969.6
  • Parcel #: RUMF-000113-000000-000174
  • Zoning: None

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 18600.0
  • Annual Operating Expense: 8486.6

Tax Info

  • Tax Annual Amount: 2126.0
  • Tax Book Number: 5289
  • Tax Lot: 174
  • Tax Map Number: 113
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2022
Closed on
Dec 2, 2022
Sold by
Peterson James I and Peterson Mary L
Bought by
Mack Randi L and Twitchell John G
Seller's Agent
Jack Davis
Hebert Realty Group
Buyer's Agent
Amy Ruzbasan
Keller Williams Realty
List Price
$135,000
Sold Price
$130,000
Premium/Discount to List
-$5,000
-3.7%
Current Estimated Value
$171,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,383
Avg. Annual Appreciation
9.32%
Original Mortgage
$119,047
Outstanding Balance
$115,945
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
$49,572

Purchase Details

Listed on
Sep 18, 2014
Closed on
Jun 27, 2016
Sold by
Cocca Angelo P Sr Est
Bought by
Doiron Randall
Seller's Agent
Lynda Hebert
Hebert Realty Group
Buyer's Agent
Aaron Perreault
Hebert Realty Group
List Price
$49,900
Sold Price
$37,500
Premium/Discount to List
-$12,400
-24.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.26%
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 Type Sale Price Title Company
Warranty Deed $130,000 None Available
Personal Reps Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $119,047 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2022 12/02/22 Sold $130,000 0.0% $53 / Sq Ft
11/03/2022 11/03/22 Pending -- -- --
09/10/2022 09/10/22 Off Market $130,000 -- --
08/09/2022 08/09/22 For Sale $135,000 +42.1% $55 / Sq Ft
07/29/2022 07/29/22 Sold $95,000 +8.6% $38 / Sq Ft
03/30/2022 03/30/22 Pending -- -- --
03/28/2022 03/28/22 For Sale $87,500 +133.3% $35 / Sq Ft
06/22/2016 06/22/16 Sold $37,500 -24.8% $15 / Sq Ft
05/20/2016 05/20/16 Pending -- -- --
09/18/2014 09/18/14 For Sale $49,900 -- $20 / 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 $2,204 $132,600 $22,400 $110,200
2023 $2,100 $94,700 $16,000 $78,700
2022 $2,100 $94,700 $16,000 $78,700
2021 $2,126 $94,700 $16,000 $78,700
2020 $2,140 $94,700 $16,000 $78,700
2019 $1,427 $46,780 $3,500 $43,280
2018 $1,392 $46,780 $3,500 $43,280
2017 $1,350 $46,780 $3,500 $43,280
2016 $1,310 $46,780 $3,500 $43,280
2015 $1,284 $46,780 $3,500 $43,280
2014 $1,261 $46,780 $3,500 $43,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1522886

Maine Listings

APN: RUMF-000113-000000-000174