NOT LISTED FOR SALE

54 Chestnut St Gardiner, ME 04345

Estimated Value: $292,948 - $332,000

6 Beds
2 Baths
3,246 Sq Ft
$95/Sq Ft Est. Value

Last Sold June 07, 2021

Last sale price $230,000 $71 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,898/month

Highlights

  • Deck
  • Main Floor Bedroom
  • No HOA
  • Wood Flooring
  • Attic
  • 3-minute walk to The Gardiner Common

About This Home

As of June 2021

**** UPDATE: Please submit offers by 8pm Saturday 24th, Seller to respond by 10am Sunday 25th*****
This is a must see, well maintained duplex which offers 3 bedrooms in each unit. There is a heated, detached, 2 car garage with a bonus/game room above that includes a full bathroom and small kitchen perfect for entertaining. Owner currently pays tenants heat, but each unit, including the garage, have their own heat source, electric water tank and meter. Great rental history. Tenants are month to month. Purchase as an investment property or owner occupy and let your tenant pay your mortgage.

PER CEO above garage may not be permitted as a 3rd unit due to inadequate lot size.

Last Agent to Sell the Property

Erin Dunning

Hoang Realty Listed on: 04/22/2021

Last Buyer's Agent

Jeremy Frantz

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,849

Year Built

  • Built in 1930

Lot Details

  • 8,712 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Heated Garage
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Driveway

Home Design

  • Duplex
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,246 Sq Ft Home
  • 2-Story Property
  • Attic

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Natural lighting in basement

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Kerosene
  • Heating System Uses Oil
  • Heating System Mounted To A Wall or Window
  • Natural Gas Not Available
  • Electric Water Heater
  • Internet Available
  • Cable TV Available

Additional Features

  • Deck
  • City Lot

Listing and Financial Details

  • Tax Lot 277
  • Assessor Parcel Number GARR-000034-000000-000277

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $8,802
  • Gross Income $18,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,849

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 3246.0
  • Architectural Style: Duplex
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1930
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 63.15
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.2
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 3246.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Daylight: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 18900.0
  • Income Expenses Operating Expenses: 8802.0
  • Amenities:Laundry - 1st Floor: Yes
  • Style:Duplex: Yes
  • Amenities:Attic: Yes
  • Heat Fuel:K-1Kerosene: Yes
  • Equipment:Internet Access Available: Yes
  • Equipment:Cable: Yes
  • Vehicle Storage:Heated: Yes
  • Heat System:Direct Vent Furnace: Yes
  • Advertising Remarks:Advertising Remarks: This is a must see, well maintained duplex which offers 3 bedrooms in each unit. There is a heated, detached, 2 car garage with a bonus/game room above that includes a full bathroom and small kitchen perfect for entertaining. Owner currently pays tenants heat, but each unit, including the garage, have their own heat source, electric water tank and meter. Great rental history. Tenants are month to month. Purchase as an investment property or owner occupy and let your tenant pay your mortgage. PER CEO above garage may not be permitted as a 3rd unit due to inadequate lot size.
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Daylight, Full, Interior Entry
  • Full Bathrooms: 2
  • Flooring: Wood, Vinyl, Tile
  • Interior Amenities: 1st Floor Bedroom, Attic
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Sidewalks, Intown, Near Shopping, Near Turnpike/Interstate, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Paved, Garage Door Opener, Heated Garage

Utilities

  • Laundry Features: Laundry - 1st Floor, Upper Level, Main Level, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Direct Vent Furnace
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8712.0
  • Parcel #: GARR-000034-000000-000277
  • Zoning: RES

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 18900.0
  • Annual Operating Expense: 8802.0

Tax Info

  • Tax Annual Amount: 2849.0
  • Tax Lot: 277
  • Tax Year: 2020

Matterport 3D Tours

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2021
Closed on
Jun 7, 2021
Sold by
Pushard Ryan A
Bought by
Lawrence Lucas M
Seller's Agent
Erin Dunning
Hoang Realty
Buyer's Agent
Jeremy Frantz
Coldwell Banker Realty
List Price
$205,000
Sold Price
$230,000
Premium/Discount to List
$25,000
12.2%
Current Estimated Value
$307,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,487
Avg. Annual Appreciation
6.67%
Original Mortgage
$225,834
Outstanding Balance
$204,465
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$103,022

Purchase Details

Listed on
Oct 13, 2015
Closed on
Nov 18, 2016
Sold by
Karczewski Todd S
Bought by
Pushard Ryan A
Seller's Agent
Christopher Vallee
Vallee Real Estate
Buyer's Agent
Christopher Vallee
Vallee Real Estate
List Price
$169,900
Sold Price
$139,000
Premium/Discount to List
-$30,900
-18.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.68%
Original Mortgage
$136,482
Interest Rate
3.87%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lawrence Lucas M -- None Available
Pushard Ryan A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lawrence Lucas M $225,834
Previous Owner Pushard Ryan A $136,482
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/07/2021 06/07/21 Sold $230,000 +12.2% $71 / Sq Ft
04/23/2021 04/23/21 Pending -- -- --
04/22/2021 04/22/21 For Sale $205,000 +47.5% $63 / Sq Ft
11/14/2016 11/14/16 Sold $139,000 -18.2% $43 / Sq Ft View Prior Sale
09/08/2016 09/08/16 Pending -- -- --
10/13/2015 10/13/15 For Sale $169,900 -- $52 / 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 $3,361 $131,300 $24,300 $107,000
2023 $3,112 $131,300 $24,300 $107,000
2022 $2,915 $131,300 $24,300 $107,000
2021 $2,849 $131,300 $24,300 $107,000
2020 $2,849 $131,300 $24,300 $107,000
2019 $2,849 $131,300 $24,300 $107,000
2018 $2,810 $131,300 $24,300 $107,000
2017 $2,889 $131,300 $24,300 $107,000
2016 $2,823 $131,300 $24,300 $107,000
2015 $2,836 $131,300 $24,300 $107,000
2014 $2,705 $131,300 $24,300 $107,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1488615

Maine Listings

APN: GARR-000034-000000-000277