NOT LISTED FOR SALE

525 Waldo St Rumford, ME 04276

Estimated Value: $195,196 - $258,000

6 Beds
3 Baths
3,306 Sq Ft
$66/Sq Ft Est. Value

Last Sold August 31, 2022

Last sale price $149,900 $45 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,280/month

Highlights

  • Wood Flooring
  • Baseboard Heating
  • Level Lot
  • No HOA

About This Home

As of August 2022

This multi-unit building is fully occupied and produces a good income. There are 3 units each having a kitchen, living room, 3 bedrooms, full bath and laundry hook-up plus front and back porches for accessibility. There is a storage shed for each unit on the back porch, a paved driveway and backyard. This multi-unit is conveniently located across the street from a supermarket and has easy access to local amenities. #2220

Last Agent to Sell the Property

Sally Arsenault

Riverside Realty Listed on: 07/15/2022

Last Buyer's Agent

Sally Arsenault

Amnet Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,713

Year Built

  • Built in 1927

Lot Details

  • 6,098 Sq Ft Lot
  • Level Lot

Home Design

  • Flat Roof Shape
  • Wood Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 3,306 Sq Ft Home
  • Multi-Level Property

Flooring

  • Wood
  • Carpet
  • Vinyl

Unfinished Basement

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

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Location

  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available

Listing and Financial Details

  • Tax Lot 219
  • Assessor Parcel Number RUMF-000113-000000-000219

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $16,699
  • Gross Income $34,128

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,713

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.14
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Route 2 West to Rumford turn Right onto Waldo Street property is on the left.
  • Above Grade Finished Sq Ft: 3306.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Year Built: 1927
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.14
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 3306.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Roof:Composition2: Yes
  • Property Information:Number of Units: 3
  • Income Expenses Gross Income: 34128.0
  • Income Expenses Operating Expenses: 16698.58
  • Style:Multi-Level: Yes
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed Restrictions: Unknown
  • Roof:Flat: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Flooring: Wood, Vinyl, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Intown
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Composition, Flat

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • 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: 6098.4
  • Parcel #: RUMF-000113-000000-000219
  • Zoning: No

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 34128.0
  • Annual Operating Expense: 16698.58

Tax Info

  • Tax Annual Amount: 1713.0
  • Tax Book Number: 5470
  • Tax Lot: 219
  • Tax Map Number: 113
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2019
Sold by
By Eye Property Mgmt Llc
Bought by
Rnb Properties Rumford
Current Estimated Value
$207,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
3.82%
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
Rnb Properties Rumford -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jms Realty & T Llc $119,000
Closed Rnb Prop Rumford Llc $112,500
Closed Rnb Properties Rumford $60,000
Previous Owner Eye Props Mgmt Llc $66,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2022 08/31/22 Sold $149,900 0.0% $45 / Sq Ft
07/16/2022 07/16/22 Pending -- -- --
07/15/2022 07/15/22 For Sale $149,900 -- $45 / 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 $1,777 $106,900 $15,700 $91,200
2023 $1,692 $76,300 $11,200 $65,100
2022 $1,692 $76,300 $11,200 $65,100
2021 $1,713 $76,300 $11,200 $65,100
2020 $1,724 $76,300 $11,200 $65,100
2019 $1,500 $49,182 $3,500 $45,682
2018 $1,463 $49,182 $3,500 $45,682
2017 $1,419 $49,182 $3,500 $45,682
2016 $1,377 $49,182 $3,500 $45,682
2015 $1,350 $49,182 $3,500 $45,682
2014 $1,325 $49,182 $3,500 $45,682
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Sally Arsenault

    Riverside Realty

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Map

Source: Maine Listings

MLS Number: 1536547

Maine Listings

APN: RUMF-000113-000000-000219

Maine Oxford County Rumford 04276

525 Waldo St, Rumford, ME

This home is located at 525 Waldo St, Rumford, ME 04276 since 15 July 2022 and is currently estimated at $218,549, approximately $66 per square foot. This property was built in 1927. 525 Waldo St is a home located in Oxford County with nearby schools including Rumford Elementary School, Meroby Elementary School, and Mountain Valley Middle School.

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