NOT LISTED FOR SALE

Estimated Value: $271,000 - $598,000

2 Beds
4 Baths
5,000 Sq Ft
$82/Sq Ft Est. Value

Sale Details

Date Sold: March 13, 2020

Last sale price $233,900 $47 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $2,477 / mo

26 Days on Market

Highlights

  • Colonial Architecture
  • Property is near public transit and shops
  • No HOA
  • Deck
  • Wood Flooring
  • 4-minute walk to Coe Park

About This Home

As of March 2020

Come see the potential with this 4 unit located in town and close to parks and Bangor's downtown amenities! All 4 units are 3bdrm/1ba apts that are self efficient having separate natural gas meters, electric meters, and water meters. The front 2 apts (53-1 & 55-4) offer 3 floors of living with large rooms. The back 2 apts (53-2 & 55-2) offer 2 floors of living with large rooms as well. A little sweat equity to renovated and update these large apartments would go a long way to bring these monthly rents could be with fair market value. The driveway wraps around the house for easy drive-in and drive-out with a large parking area in the back. Call today for more information on this property!

Last Agent to Sell the Property

Travis Pelletier

Better Homes & Gardens Real Estate/The Masiello Group Listed on: 12/19/2019

Better Homes & Gardens Real Estate/The Masiello Group

Last Buyer's Agent

Kurtis Marsh

Realty of Maine

Realty of Maine

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,490

Year Built

  • Built in 1850

Lot Details

  • 10,890 Sq Ft Lot
  • Property fronts a freeway
  • Level Lot
  • Open Lot

Home Design

  • Colonial Architecture
  • Brick Foundation
  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,000 Sq Ft Home
  • Ceiling Fan
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Full Bathrooms
  • Bathtub

Unfinished Basement

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

Parking

  • Gravel Driveway
  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Deck

Location

  • Property is near public transit and shops
  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Exclusions: washers + dryers
  • Tax Lot 3+4
  • Assessor Parcel Number 53-55OhioStreetBangor04401

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Gross Income $46,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,490

Year Built

Built in 1850

Lot Details

0.25 Acres

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.25
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Ohio Street in Bangor, #53-55
  • Above Grade Finished Sq Ft: 5000.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Efficiency: Ceiling Fans
  • Year Built: 1850
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 45.98
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.25
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 5000.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: 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
  • Exterior:Vinyl Siding: Yes
  • Gas:Natural - On Site: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Heat Fuel:Gas Natural: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 4
  • Foundation Materials:BrickMortar2: Yes
  • Income Expenses Gross Income: 46500.0
  • Parking:On Site2: Yes
  • Amenities:Bathtub: Yes
  • Style:Colonial: Yes
  • Driveway:Gravel: Yes
  • Equipment:Internet Access Available: Yes
  • Equipment:Cable: Yes
  • Energy Efficiency:Ceiling Fans: Yes
  • Heat System:Direct Vent Heater: Yes
  • Foundation Materials:Granite2: Yes
  • Basement Entry:Exterior Only: Yes
  • Transportation:Public Transport Access: Yes
  • Advertising Remarks:Advertising Remarks: Come see the potential with this 4 unit located in town and close to parks and Bangor's downtown amenities! All 4 units are 3bdrm/1ba apts that are self efficient having separate natural gas meters, electric meters, and water meters. The front 2 apts (53-1 & 55-4) offer 3 floors of living with large rooms. The back 2 apts (53-2 & 55-2) offer 2 floors of living with large rooms as well. A little sweat equity to renovated and update these large apartments would go a long way to bring these monthly rents could be with fair market value. The driveway wraps around the house for easy drive-in and drive-out with a large parking area in the back. Call today for more information on this property!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Exterior Only, Unfinished
  • Full Bathrooms: 4
  • Flooring: Wood, Vinyl, Laminate, Carpet
  • Interior Amenities: Bathtub
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Sidewalks, Intown, Near Shopping, Near Turnpike/Interstate, Near Public Transit
  • Waterfront: No
  • Exclusions: washers + dryers
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Granite, Concrete Perimeter, Brick/Mortar
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 11 - 20 Spaces, Gravel, On Site, Off Street

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater
  • 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: 10890.0
  • Parcel #: 53-55OhioStreetBangor04401
  • Zoning: 14 Urban Res Dist 2

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 46500.0

Tax Info

  • Tax Annual Amount: 5490.0
  • Tax Lot: 3+4
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2019
Closed on
Mar 13, 2020
Sold by
Turner Daniel
Bought by
Keeler Enterprises Llc
Seller's Agent
Travis Pelletier
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Kurtis Marsh
Realty of Maine
List Price
$229,900
Sold Price
$233,900
Premium/Discount to List
$4,000
1.74%
Current Estimated Value
$407,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,949
Avg. Annual Appreciation
9.46%
Original Mortgage
$187,200
Outstanding Balance
$162,925
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$244,924

Purchase Details

Listed on
Dec 15, 2016
Closed on
May 25, 2017
Sold by
Phan Jimmy and Nguyen Stephanie
Bought by
Turner Daniel
Seller's Agent
Rhonda Gopan
Berkshire Hathaway HomeServices Northeast Real Estate
Buyer's Agent
Travis Pelletier
RE/MAX Advantage Realty Group
List Price
$209,500
Sold Price
$204,500
Premium/Discount to List
-$5,000
-2.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.91%
Original Mortgage
$200,796
Interest Rate
4.08%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Keeler Enterprises Llc -- None Available
Keeler Enterprises Llc -- None Available
Keeler Enterprises Llc -- None Available
Turner Daniel -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keeler Enterprises Llc $187,200
Closed Keeler Enterprises Llc $187,200
Previous Owner Turner Daniel $200,796
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/13/2020 03/13/20 Sold $233,900 +1.7% $47 / Sq Ft
12/23/2019 12/23/19 Pending -- -- --
11/26/2019 11/26/19 For Sale $229,900 +12.4% $46 / Sq Ft
05/25/2017 05/25/17 Sold $204,500 -2.4% $41 / Sq Ft View Prior Sale
03/23/2017 03/23/17 Pending -- -- --
12/15/2016 12/15/16 For Sale $209,500 -- $42 / Sq Ft
Source: Maine Listings

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
2025 $3,772 $213,100 $12,100 $201,000
2024 $3,586 $193,300 $11,500 $181,800
2023 $3,361 $175,500 $11,500 $164,000
2022 $3,048 $149,400 $11,500 $137,900
2021 $2,993 $134,200 $11,100 $123,100
2020 $2,863 $123,400 $10,600 $112,800
2013 $2,271 $109,200 $10,600 $98,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1439902

Maine Listings

APN: 041-004

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