NOT LISTED FOR SALE

53 Main St Milbridge, ME 04658

Estimated Value: $244,110 - $406,000

Studio
3 Baths
2,750 Sq Ft
$122/Sq Ft Est. Value

Last Sold March 08, 2017

Last sale price $35,000 $13 Per Sq Ft

Est. 861% increase in value since last sale

Current estimated payment $2,077/month

8 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • 5-minute walk to Cross Island National Wildlife
  • New Englander Architecture
  • Baseboard Heating

About This Home

As of March 2017

3 Unit Apartment Building located on Main Street of Coastal Village. New England Farmhouse sits on 1 acre with frontage on Main Street US-1. 1 1-bedroom apartment and 2 2-bedroom apartments. Can be used as Multi-Family, single family home or turn into Commercial site. Building in need of many repairs, part of an estate being sold in as-is condition.

Last Agent to Sell the Property

George West

Drop Anchor Realty, LLC Listed on: 01/25/2017

Last Buyer's Agent

Alfred DiMarco

DiMarco Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 1

Parking

  • Gravel Driveway

Home Design

  • New Englander Architecture
  • Farmhouse Style Home
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding
  • Clapboard

Flooring

  • Wood
  • Carpet
  • Vinyl

Basement

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

Utilities

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

Additional Features

  • 1 Acre Lot
  • City Lot

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 53MainStreetMilbridgeME04658

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 1.0
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Route 1 into Milbridge, 53 Main Street, sign is up
  • Architectural Style: Farmhouse, New Englander
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.0
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: 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
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 3
  • Exterior:Clapboard: Yes
  • Driveway:Gravel: Yes
  • Foundation Materials:Granite2: Yes
  • Style:New Englander: Yes
  • Advertising Remarks:Advertising Remarks: 3 Unit Apartment Building located on Main Street of Coastal Village. New England Farmhouse sits on 1 acre with frontage on Main Street US-1. 1 1-bedroom apartment and 2 2-bedroom apartments. Can be used as Multi-Family, single family home or turn into Commercial site. Building in need of many repairs, part of an estate being sold in as-is condition.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Interior Entry
  • Fireplace: No
  • Flooring: Wood, Vinyl, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Sidewalks, Intown
  • Waterfront: No
  • Construction Type: Clapboard, Wood Frame
  • Foundation Details: Granite, Gravel/Pad
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 43560.0
  • Parcel #: 53MainStreetMilbridgeME04658
  • Zoning: Comm/Res

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 1548.0
  • Tax Lot: 4
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 17, 2017
Sold by
Holloway Christina
Bought by
Romana-Vazquez Lara and Vazquez Mandujano G
Current Estimated Value
$336,278

Purchase Details

Listed on
Jan 25, 2017
Closed on
Mar 8, 2017
Sold by
Sawyer Roberta Dutton Est
Bought by
Holloway Christina
Seller's Agent
George West
Drop Anchor Realty, LLC
Buyer's Agent
Alfred DiMarco
DiMarco Realty
List Price
$48,000
Sold Price
$35,000
Premium/Discount to List
-$13,000
-27.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.02%
Original Mortgage
$17,930
Interest Rate
4.19%
Mortgage Type
Commercial
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Romana-Vazquez Lara -- --
Holloway Christina -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Holloway Christina $17,930
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/08/2017 03/08/17 Sold $35,000 -27.1% $13 / Sq Ft
02/03/2017 02/03/17 Pending -- -- --
01/25/2017 01/25/17 For Sale $48,000 -- $17 / 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
2022 $1,797 $118,200 $23,400 $94,800
2021 $1,942 $118,200 $23,400 $94,800
2020 $1,788 $118,200 $23,400 $94,800
2019 $1,936 $118,200 $23,400 $94,800
2018 $1,915 $118,200 $23,400 $94,800
2017 $1,891 $112,900 $23,400 $89,500
2016 $1,876 $119,100 $24,700 $94,400
2015 $2,026 $132,400 $43,000 $89,400
2014 $1,847 $118,400 $43,000 $75,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1293530

Maine Listings

APN: MILE-000007-000000-000004