NOT LISTED FOR SALE

52 Gay St Rockland, ME 04841

Estimated Value: $406,000 - $414,000

5 Beds
3 Baths
2,256 Sq Ft
$181/Sq Ft Est. Value

Last Sold April 14, 2021

Last sale price $279,000 $124 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,722/month

33 Days on Market

Highlights

  • Public Beach
  • Wood Flooring
  • Main Floor Bedroom
  • Country Club
  • New Englander Architecture
  • No HOA

About This Home

As of April 2021

Great opportunity to have a multi unit in Rockland. Two occupied units, and many renovations have been done. Updates to kitchens, baths, flooring, roof and electric, windows. 3-unit building provides a 1 bedroom apartment, and two 2 bedroom units, detached two car garage, a generous in-town lot. Solid opportunity in an area where the demand for long term rentals continues to grow.

Last Agent to Sell the Property

Melanie Trott

Better Homes & Gardens Real Estate/The Masiello Group Listed on: 01/09/2021

Better Homes & Gardens Real Estate/The Masiello Group

Last Buyer's Agent

Michelle Gifford

RE/MAX JARET & COHN

RE/MAX JARET & COHN

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,374

Year Built

  • Built in 1892

Lot Details

  • 0.43 Acre Lot
  • Public Beach
  • Level Lot
  • Open Lot

Parking

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

Home Design

  • New Englander Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,256 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 3 Full Bathrooms

Unfinished Basement

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

Location

  • Property is near a golf course
  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 33
  • Assessor Parcel Number ROCD-000023A-000000-033000

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Recreation

  • Country Club

Building Details

  • Operating Expense $4,515
  • Gross Income $2,850

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,374

Year Built

Built in 1892

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.43
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From North Main, turn onto Gay Street, home on left.
  • Above Grade Finished Sq Ft: 2256.0
  • Architectural Style: New Englander
  • Garage Yn: Yes
  • Year Built: 1892
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.43
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2256.0
  • Property Information:Garage: Yes
  • 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 Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 3
  • Income Expenses Gross Income: 2850.0
  • Income Expenses Operating Expenses: 4515.0
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Driveway:Gravel: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Location:Near Country Club: Yes
  • Heat System:Direct Vent Heater: Yes
  • Style:New Englander: Yes
  • Building Info:_pound_ Floors3: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Bulkhead, Full, Exterior Entry, Unfinished
  • Full Bathrooms: 3
  • Flooring: Wood, Vinyl, Laminate
  • Interior Amenities: 1st Floor Bedroom
  • Stories: 2
  • Full Basement: Yes

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Gravel, Common, On Site, Detached

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater, Baseboard, Hot Air
  • 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: 18730.8
  • Parcel #: ROCD-000023A-000000-033000
  • Zoning: RES B

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 2850.0
  • Annual Operating Expense: 4515.0

Tax Info

  • Tax Annual Amount: 5374.0
  • Tax Book Number: 5298
  • Tax Lot: 33
  • Tax Map Number: 23
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2021
Closed on
Apr 12, 2021
Sold by
Bernier Gerald A and Bernier Jane N
Bought by
Wheeler Anais A
Seller's Agent
Melanie Trott
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Michelle Gifford
RE/MAX JARET & COHN
List Price
$275,000
Sold Price
$279,000
Premium/Discount to List
$4,000
1.45%
Current Estimated Value
$408,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,834
Avg. Annual Appreciation
9.18%
Original Mortgage
$209,250
Outstanding Balance
$190,962
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$217,872

Purchase Details

Listed on
Jul 25, 2017
Closed on
Jun 4, 2018
Sold by
Michaud William L and Michaud Deborah L
Bought by
Bernier Jane N and Bernier Gerald A
Seller's Agent
Kim Newby
Lash Realty Group
Buyer's Agent
Avary Lamont
The New England Real Estate Company, LLC
List Price
$194,900
Sold Price
$145,290
Premium/Discount to List
-$49,610
-25.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.43%
Original Mortgage
$120,000
Interest Rate
4.4%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Wheeler Anais A -- None Available
Bernier Jane N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wheeler Anais A $49,000
Open Wheeler Anais A $209,250
Previous Owner Bernier Jane N $120,000
Previous Owner Michaud William L $20,000
Previous Owner Michaud Deborah L $495,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2021 04/14/21 Sold $279,000 +1.5% $124 / Sq Ft
02/12/2021 02/12/21 Pending -- -- --
01/09/2021 01/09/21 For Sale $275,000 +89.3% $122 / Sq Ft
05/30/2018 05/30/18 Sold $145,290 -25.5% $64 / Sq Ft
04/18/2018 04/18/18 Pending -- -- --
07/25/2017 07/25/17 For Sale $194,900 -- $86 / 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 $5,929 $242,200 $52,500 $189,700
2023 $5,878 $242,200 $52,500 $189,700
2022 $5,878 $242,200 $52,500 $189,700
2021 $5,447 $241,000 $52,500 $188,500
2020 $5,374 $241,000 $52,500 $188,500
2019 $5,452 $220,200 $33,500 $186,700
2018 $4,498 $194,900 $33,500 $161,400
2017 $4,342 $194,900 $33,500 $161,400
2016 $4,233 $194,900 $33,500 $161,400
2015 $4,132 $194,900 $33,500 $161,400
2014 $3,929 $194,900 $33,500 $161,400
2013 $3,804 $194,900 $33,500 $161,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1479432

Maine Listings

APN: ROCD-000023A-000000-033000