NOT LISTED FOR SALE

56 Hayes St Old Town, ME 04468

Estimated Value: $200,000 - $303,353

4 Beds
2 Baths
2,300 Sq Ft
$114/Sq Ft Est. Value

Last Sold September 20, 2019

Last sale price $129,000 $56 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $1,646/month

31 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Colonial Architecture
  • No HOA
  • 261 Feet of Waterfront
  • Main Floor Bedroom
  • Baseboard Heating

About This Home

As of September 2019

This property is in an opportunity zone - investors please note! Great owner occupied or money making two unit in excellent condition.

Last Agent to Sell the Property

Holly Taylor

Better Homes & Gardens Real Estate/The Masiello Group Brokerage Email: hollytaylor@masiello.com Listed on: 07/12/2019

Better Homes & Gardens Real Estate/The Masiello Group

Last Buyer's Agent

Holly Taylor

Better Homes & Gardens Real Estate/The Masiello Group Brokerage Email: hollytaylor@masiello.com Listed on: 07/12/2019

Better Homes & Gardens Real Estate/The Masiello Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,672

Year Built

  • Built in 1915

Lot Details

  • 0.75 Acre Lot
  • 261 Feet of Waterfront
  • River Front
  • Street terminates at a dead end
  • Rural Setting
  • Level Lot
  • Open Lot

Property Views

  • Water
  • Scenic Vista

Home Design

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

Interior Spaces

  • 2,300 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 2 Full Bathrooms

Unfinished Basement

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

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Deeded Waterfront Access Rights

Utilities

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

Listing and Financial Details

  • Tax Lot 49
  • Assessor Parcel Number OLDN-000031-000000-000049

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $16,809
  • Gross Income $26,780

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,672

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.75
  • Road Surface Type: Paved
  • Water Body Name: Penobscot
  • MLS Status: Closed
  • Directions: Main St in Old Town to Bosworth. Left on Hayes Street. Property on left.
  • Above Grade Finished Sq Ft: 2300.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1915
  • Attribution Contact: hollytaylor@masiello.com
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.75
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2300.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • 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
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:Stone: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 26780.0
  • Income Expenses Operating Expenses: 16809.0
  • Style:Colonial: Yes
  • Location:Rural: Yes
  • Roads:Dead End: Yes
  • Water Info:Waterfront Amount -: 261.0
  • Water Info:Water Frontage Owned -: 261.0
  • Recreational Water:Deeded: Yes
  • View:Scenic: Yes
  • Building Info:_pound_ Floors3: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: 1st Floor Bedroom
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Rural
  • View: Scenic
  • Waterfront Features: River
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Stone
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Paved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • 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: 32670.0
  • Parcel #: OLDN-000031-000000-000049
  • Zoning: R-2

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 26780.0
  • Annual Operating Expense: 16809.0

Tax Info

  • Tax Annual Amount: 2672.0
  • Tax Book Number: 9837
  • Tax Lot: 49
  • Tax Map Number: 31
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2019
Closed on
Sep 20, 2019
Sold by
Penobscot River Props
Bought by
Lane Tony and Lane Leeanne
Seller's Agent
Holly Taylor
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Holly Taylor
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$129,000
Sold Price
$129,000
Current Estimated Value
$252,067

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,067
Avg. Annual Appreciation
12.58%
Original Mortgage
$96,750
Outstanding Balance
$85,665
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$173,578

Purchase Details

Closed on
Apr 4, 2005
Sold by
Miles George H
Bought by
Kennedy Henry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,900
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage
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
Lane Tony -- --
Kennedy Henry -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lane Tony $96,750
Previous Owner Kennedy Henry $87,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2019 09/20/19 Sold $129,000 0.0% $56 / Sq Ft
08/13/2019 08/13/19 Pending -- -- --
07/12/2019 07/12/19 For Sale $129,000 -- $56 / 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 $3,191 $180,300 $33,500 $146,800
2023 $3,191 $180,300 $33,500 $146,800
2022 $2,518 $119,900 $29,100 $90,800
2020 $2,672 $116,900 $28,400 $88,500
2019 $2,672 $116,900 $28,400 $88,500
2018 $2,672 $116,900 $28,400 $88,500
2017 $2,613 $116,900 $28,400 $88,500
2016 $2,465 $116,900 $28,400 $88,500
2015 $2,474 $116,900 $28,400 $88,500
2014 $2,363 $116,900 $28,400 $88,500
2013 $2,185 $116,900 $28,400 $88,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1424431

Maine Listings

APN: OLDN-000031-000000-000049