B
Seller's Agent in 2022
Bobbi Willhoite
Hebert Realty Group
(207) 364-4670
20 in this area
39 Total Sales
510 Somerset St Rumford, ME 04276
Estimated Value: $178,000 - $215,000
--
Bed
3
Baths
2,376
Sq Ft
$81/Sq Ft
Est. Value
Highlights
- Wood Flooring
- 1 Car Detached Garage
- Baseboard Heating
- No HOA
- Zoned Heating
- Level Lot
About This Home
As of December 2022Well maintained investment opportunity. All units are occupied with solid tenant histories and none of the units have been vacant for longer than 1 month at a stretch under current ownership. Lots of various built-ins for extra storage throughout apartments. In-town location make it close to hospital, schools, groceries, etc. Comes with off street parking and some backyard space. UPDATE: Due to large volume of interest, all offers submitted by 6pm on 10/2. Seller will make decision by 6pm on 10/3. Seller retains right to accept an offer at any time of their choosing.
Last Agent to Sell the Property
Hebert Realty Group Brokerage Email: info@hebertrealtygroup.com Listed on: 09/27/2022
Last Buyer's Agent
Hebert Realty Group Brokerage Email: info@hebertrealtygroup.com Listed on: 09/27/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,605
Year Built
- Built in 1925
Lot Details
- 6,098 Sq Ft Lot
- Level Lot
Parking
- 1 Car Detached Garage
- Driveway
- Off-Street Parking
Home Design
- Flat Roof Shape
- Concrete Foundation
- Block Foundation
- Wood Frame Construction
- Rolled or Hot Mop Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 3 Full Bathrooms
- 2,376 Sq Ft Home
- 3-Story Property
- Washer and Dryer Hookup
Flooring
- Wood
- Carpet
- Vinyl
Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Location
- City Lot
Utilities
- No Cooling
- Zoned Heating
- Heating System Uses Oil
- Baseboard Heating
- Hot Water Heating System
- Natural Gas Not Available
- Internet Available
Listing and Financial Details
- Tax Lot 061
- Assessor Parcel Number RUMF-000113-000000-000061
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- Operating Expense $12,494
- Gross Income $23,400
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 27, 2022
Closed on
Dec 5, 2022
Sold by
Goff William A
Bought by
Willhoites Llc
Seller's Agent
Bobbi Willhoite
Hebert Realty Group
Buyer's Agent
Bobbi Willhoite
Hebert Realty Group
List Price
$135,000
Sold Price
$135,000
Views
10
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,579
Avg. Annual Appreciation
13.10%
Original Mortgage
$108,000
Outstanding Balance
$105,045
Interest Rate
7.08%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$83,649
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Willhoites Llc | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Willhoites Llc | $108,000 | |
| Previous Owner | Lloyd Albert J | $57,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/05/2022 12/05/22 | Sold | $135,000 | 0.0% | $57 / Sq Ft |
| 10/01/2022 10/01/22 | Pending | -- | -- | -- |
| 09/27/2022 09/27/22 | For Sale | $135,000 | +107.7% | $57 / Sq Ft |
| 05/30/2018 05/30/18 | Sold | $65,000 | -7.0% | $27 / Sq Ft |
| 04/27/2018 04/27/18 | Pending | -- | -- | -- |
| 04/12/2018 04/12/18 | For Sale | $69,900 | -- | $29 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $1,665 | $100,200 | $21,000 | $79,200 |
| 2023 | $1,586 | $71,500 | $15,000 | $56,500 |
| 2022 | $1,586 | $71,500 | $15,000 | $56,500 |
| 2021 | $1,605 | $71,500 | $15,000 | $56,500 |
| 2020 | $1,616 | $71,500 | $15,000 | $56,500 |
| 2019 | $1,123 | $36,819 | $5,500 | $31,319 |
| 2018 | $1,095 | $36,819 | $5,500 | $31,319 |
| 2017 | $1,062 | $36,819 | $5,500 | $31,319 |
| 2016 | $1,031 | $36,819 | $5,500 | $31,319 |
| 2015 | $1,011 | $36,819 | $5,500 | $31,319 |
| 2014 | $992 | $36,819 | $5,500 | $31,319 |
Source: Public Records
Agents Affiliated with this Home
-
Bobbi Willhoite
-
M
Seller's Agent in 2018
Matt Pingree
Hebert Realty Group
-
A
Buyer's Agent in 2018
Autumn Cotnoir
Landing Real Estate
Map
Source: Maine Listings
MLS Number: 1544329
APN: RUMF-000113-000000-000061
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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