Seller's Agent in 2024
Renee Roy
Better Homes & Gardens Real Estate/The Masiello Group
(207) 212-3134
17 in this area
203 Total Sales
52 Falmouth St Rumford, ME 04276
--
Bed
9
Baths
8,109
Sq Ft
4,792
Sq Ft Lot
Highlights
- Scenic Views
- Wood Flooring
- No HOA
- Cape Cod Architecture
- Main Floor Bedroom
- Porch
About This Home
As of August 2024Nice solid 9 unit offers 2-4 bedroom units, 1-3 bedroom unit and 6-2 bedroom units along with many updates! This building has been thru the lead abatement program and offers new staircase/porch, new windows, new exterior doors and some of the units have been updated. The location is in walking distance to the many amenities around the town of Rumford to include the grocery store and a really nice field complex, Hosmer Field. This building is a great investment...the tenants pay their own heat and electricity...nothing to do but sit back and collect the income!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,522
Year Built
- Built in 1920
Lot Details
- 4,792 Sq Ft Lot
- Level Lot
Parking
- No Driveway
Home Design
- Cape Cod Architecture
- Flat Roof Shape
- Brick Foundation
- Concrete Foundation
- Block Foundation
- Stone Foundation
- Wood Frame Construction
- Pitched Roof
- Shingle Roof
- Clap Board Siding
- Concrete Perimeter Foundation
- Clapboard
Interior Spaces
- 8,109 Sq Ft Home
- 3-Story Property
- Scenic Vista Views
- Laundry on main level
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- Main Floor Bedroom
- 9 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Brick Basement
- Exterior Basement Entry
Utilities
- No Cooling
- Radiant Heating System
- Heating System Mounted To A Wall or Window
- Natural Gas Not Available
- Oil Water Heater
Additional Features
- Porch
- City Lot
Listing and Financial Details
- Tax Lot 321
- Assessor Parcel Number RUMF-000113-000000-000321
Community Details
Overview
- No Home Owners Association
- 9 Units
Amenities
- Community Storage Space
Building Details
- Operating Expense $19,992
- Gross Income $99,996
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Home Values in the Area
Average Home Value in this Area
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $297,500 | Purchase Money Mortgage | |
| Closed | $99,750 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $57,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/27/2024 08/27/24 | Sold | $425,000 | -1.2% | $52 / Sq Ft |
| 06/04/2024 06/04/24 | Pending | -- | -- | -- |
| 05/30/2024 05/30/24 | Price Changed | $430,000 | -4.4% | $53 / Sq Ft |
| 02/29/2024 02/29/24 | For Sale | $450,000 | -- | $55 / 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 | $3,869 | $232,800 | $9,300 | $223,500 |
| 2023 | $3,522 | $158,800 | $6,600 | $152,200 |
| 2022 | $3,247 | $146,400 | $6,600 | $139,800 |
| 2021 | $3,287 | $146,400 | $6,600 | $139,800 |
| 2020 | $3,309 | $146,400 | $6,600 | $139,800 |
| 2019 | $2,866 | $93,955 | $3,500 | $90,455 |
| 2018 | $2,795 | $93,955 | $3,500 | $90,455 |
| 2017 | $2,711 | $93,955 | $3,500 | $90,455 |
| 2016 | $2,631 | $93,955 | $3,500 | $90,455 |
| 2015 | $2,579 | $93,955 | $3,500 | $90,455 |
| 2014 | $2,532 | $93,955 | $3,500 | $90,455 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: Maine Listings
MLS Number: 1583108
APN: RUMF-000113-000000-000321
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