NOT LISTED FOR SALE

56 Fox Den Rd Edgecomb, ME 04556

Estimated Value: $240,000 - $397,000

-- Bed
2 Baths
2,340 Sq Ft
$128/Sq Ft Est. Value

Last Sold March 25, 2022

Last sale price $200,000 $85 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,929/month

122 Days on Market

Highlights

  • View of Trees or Woods
  • Wooded Lot
  • Level Lot
  • Contemporary Architecture
  • No HOA
  • Vinyl Flooring

About This Home

As of March 2022

This property as tons of potential. Large three unit building with one completed unit, the other two need some finishing touches. Could also make for a nice home business or office space. Centrally located to all Midcoast amenities. Projected income and expenses are estimates based on history.

Last Listed By

Sherri Dunbar

Tim Dunham Realty Brokerage Phone: 207-882-5020 Listed on: 01/26/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,527

Year Built

  • Built in 1978

Lot Details

  • 2.4 Acre Lot
  • Rural Setting
  • Level Lot
  • Open Lot
  • Wooded Lot

Home Design

  • Contemporary Architecture
  • Concrete Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 2,340 Sq Ft Home
  • Views of Woods

Flooring

  • Laminate
  • Vinyl

Parking

  • Gravel Driveway
  • Off-Street Parking

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic System
  • Private Sewer

Listing and Financial Details

  • Tax Lot 9.1
  • Assessor Parcel Number 249routeoneedgecombmaine04556

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $4,500
  • Gross Income $36,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,527

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 2.4
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Traveling north on Route 1 Edgecomb, driveway for property is on your right just after Cross Road.
  • Above Grade Finished Sq Ft: 2340.0
  • Architectural Style: Contemporary
  • Garage Yn: No
  • Year Built: 1978
  • Attribution Contact: 207-882-5020
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 2.4
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2340.0
  • 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
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 3
  • Income Expenses Gross Income: 36000.0
  • Income Expenses Operating Expenses: 4500.0
  • Sewer:Private Sewer: Yes
  • Property Information:Short Sale Continue to Show: No
  • Basement:Slab2: Yes
  • Location:Rural: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Property Information:Deed Restrictions: Unknown
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Heat System:Direct Vent Heater: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Not Applicable
  • Full Bathrooms: 2
  • Flooring: Vinyl, Laminate

Exterior Features

  • Lot Features: Level, Open Lot, Wooded, Rural
  • View: Trees/Woods
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter, Slab
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Schools

  • Junior High Dist: AOS 98

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 104544.0
  • Parcel #: 249routeoneedgecombmaine04556
  • Zoning: Commercial

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 36000.0
  • Annual Operating Expense: 4500.0

Tax Info

  • Tax Annual Amount: 3527.0
  • Tax Book Number: 5184
  • Tax Lot: 9.1
  • Tax Map Number: U3
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2022
Closed on
Mar 26, 2022
Sold by
Griffin Sandra R
Bought by
Price Kenny D
Seller's Agent
Sherri Dunbar
Tim Dunham Realty
Buyer's Agent
Sherri Dunbar
Tim Dunham Realty
List Price
$299,000
Sold Price
$200,000
Premium/Discount to List
-$99,000
-33.11%
Total Days on Market
122
Current Estimated Value
$299,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,156
Avg. Annual Appreciation
11.44%
Original Mortgage
$160,000
Outstanding Balance
$151,823
Interest Rate
3.69%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$128,322

Purchase Details

Closed on
Sep 26, 2017
Sold by
Sandra R Griffin T
Bought by
Griffin Sandra R

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
Price Kenny D $200,000 None Available
Price Kenny D $200,000 None Available
Griffin Sandra R -- --
Sandra R Griffin T -- --
Sandra R Griffin T R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Price Kenny D $160,000
Closed Price Kenny D $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2022 03/25/22 Sold $200,000 -33.1% $85 / Sq Ft
02/03/2022 02/03/22 Pending -- -- --
10/03/2021 10/03/21 For Sale $299,000 -- $128 / 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 $3,238 $147,320 $69,600 $77,720
2023 $2,460 $147,320 $69,600 $77,720
2022 $2,379 $147,320 $69,600 $77,720
2021 $3,645 $208,904 $72,000 $136,904
2020 $3,748 $208,904 $72,000 $136,904
2019 $3,879 $208,904 $72,000 $136,904
2018 $3,572 $208,904 $72,000 $136,904
2017 $3,400 $202,604 $65,700 $136,904
2015 $3,080 $202,604 $65,700 $136,904
2013 $2,664 $202,604 $65,700 $136,904
Source: Public Records

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Map

Source: Maine Listings

MLS Number: 1510929

Maine Listings

APN: EDGE-000003U-000000-000009-000001