NOT LISTED FOR SALE

Estimated Value: $110,065 - $329,000

6 Beds
3 Baths
2,256 Sq Ft
$110/Sq Ft Est. Value

Last Sold May 21, 2015

Last sale price $58,000 $26 Per Sq Ft

Est. 329% increase in value since last sale

Current estimated payment $1,532/month

631 Days on Market

Highlights

  • Colonial Architecture
  • Corner Lot
  • Hot Water Heating System
  • Abraham Lincoln School Rated 10
  • No HOA
  • Carpet

About This Home

As of May 2015

$2,300+ per month income from this 3 unit investment property. Two one bedroom units and one two bedroom/2 story unit. Some off street parking and close to the amenities of Downtown Bangor. Rentable units but with some TLC the income could be greater.

Last Agent to Sell the Property

Russell Harrington

Better Homes & Gardens Real Estate/The Masiello Group Listed on: 06/17/2013

Better Homes & Gardens Real Estate/The Masiello Group

Last Buyer's Agent

Russell Harrington

Better Homes & Gardens Real Estate/The Masiello Group Listed on: 06/17/2013

Better Homes & Gardens Real Estate/The Masiello Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1880

Lot Details

  • 3,485 Sq Ft Lot
  • Corner Lot

Home Design

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

Interior Spaces

  • 3 Full Bathrooms
  • 2,256 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Vinyl

Parking

  • Gravel Driveway
  • On-Site Parking

Location

  • City Lot

Utilities

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

Listing and Financial Details

  • Tax Lot 197
  • Assessor Parcel Number 55Market StreetBangor39197

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Gross Income $28,464

Property Details

Home Type

Multi-Family

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.08
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Building on the corner of Market Street and Willow Street.
  • Above Grade Finished Sq Ft: 2256.0
  • Architectural Style: Colonial
  • Building Stories: 2
  • Year Built: 1880
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.08
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2256.0
  • Site:Corner Lot: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 3
  • Foundation Materials:BrickMortar2: Yes
  • Foundation Materials:Stone: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 28464.0
  • Parking:On Site2: Yes
  • Style:Colonial: Yes
  • Driveway:Gravel: Yes
  • Property Information:Deed Restrictions: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full
  • Full Bathrooms: 3
  • Flooring: Vinyl, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Corner Lot, Sidewalks, Intown, Near Shopping
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Stone, Concrete Perimeter, Brick/Mortar
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel, On Site

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Hot Air
  • 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: 3484.8
  • Parcel #: 55Market StreetBangor39197
  • Zoning: URD2

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 28464.0

Tax Info

  • Tax Annual Amount: 1625.0
  • Tax Book Number: 9254
  • Tax Lot: 197
  • Tax Map Number: 39
  • Tax Year: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2013
Closed on
May 21, 2015
Sold by
Wade David
Bought by
Fricke George F and Fricke Judith S
Seller's Agent
Russell Harrington
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Russell Harrington
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$85,000
Sold Price
$58,000
Premium/Discount to List
-$27,000
-31.76%
Current Estimated Value
$248,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,766
Avg. Annual Appreciation
15.04%
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
Fricke George F -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/21/2015 05/21/15 Sold $58,000 -31.8% $26 / Sq Ft
03/13/2015 03/13/15 Pending -- -- --
06/19/2013 06/19/13 For Sale $85,000 -- $38 / 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 $2,491 $134,300 $11,500 $122,800
2023 $2,338 $122,100 $11,500 $110,600
2022 $2,099 $102,900 $11,500 $91,400
2021 $2,081 $93,300 $10,600 $82,700
2020 $2,044 $88,100 $10,600 $77,500
2019 $1,930 $83,900 $10,600 $73,300
2018 $1,776 $77,400 $10,600 $66,800
2017 $1,739 $77,100 $10,600 $66,500
2016 $1,694 $75,300 $10,600 $64,700
2015 $1,662 $75,700 $10,600 $65,100
2014 $1,624 $74,500 $10,600 $63,900
2013 $1,635 $78,600 $10,600 $68,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1097972

Maine Listings

APN: BANG-000039-000000-000197