NOT LISTED FOR SALE

Estimated Value: $503,529

5 Beds
2 Baths
1,728 Sq Ft
$291/Sq Ft Est. Value

Last Sold November 01, 2022

Last sale price $400,000 $231 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,099/month

Highlights

  • Main Floor Bedroom
  • In-Law or Guest Suite
  • Tile Flooring
  • No HOA
  • Bathtub
  • Level Lot

About This Home

As of November 2022

Excellent investment property with 2 units. Features bright and open kitchens, dining nooks, and a total of 5 bedrooms. Located in the relaxed town of Arundel with nearby local amenities, beaches, and parks. Don't miss out on this opportunity!

Last Listed By

Jeffrey Mateja

Keller Williams Realty Listed on: 11/03/2022

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,961

Year Built

  • Built in 1985

Lot Details

  • 1 Acre Lot
  • Level Lot
  • Open Lot

Home Design

  • 1,728 Sq Ft Home
  • Duplex
  • Block Foundation
  • Wood Frame Construction
  • Composition Roof
  • Wood Siding
  • Vinyl Siding

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • In-Law or Guest Suite
  • 2 Full Bathrooms
  • Bathtub

Parking

  • Gravel Driveway
  • Off-Street Parking

Location

  • Suburban Location

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 44
  • Assessor Parcel Number ARUN-000039-000000-000044

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $3,000
  • Gross Income $36,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,961

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 1.0
  • Road Surface Type: Paved
  • Co List Office Mls Id: 2957
  • Co List Office Phone: 207-553-2605
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1728.0
  • Architectural Style: Duplex
  • Garage Yn: No
  • Year Built: 1985
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 1.0
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1728.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Location:Suburban: Yes
  • Roof:Composition2: Yes
  • Property Information:Number of Units: 2
  • Income Expenses Gross Income: 36000.0
  • Income Expenses Operating Expenses: 3000.0
  • Foundation Materials:Block3: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Sewer:Private Sewer: Yes
  • Style:Duplex: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Utility Info Electric On Site: Yes
  • Amenities:In-Law Apartment: Yes
  • Heat System:Direct Vent Furnace: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: None, Not Applicable
  • Full Bathrooms: 2
  • Flooring: Vinyl, Tile, Other, Carpet
  • Interior Amenities: 1st Floor Bedroom, Bathtub, In-Law Floorplan

Exterior Features

  • Lot Features: Level, Open Lot, Near Shopping, Near Town, Suburban
  • Waterfront: No
  • Construction Type: Wood Siding, Vinyl Siding, Wood Frame
  • Foundation Details: Block
  • Roof: Composition

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 43560.0
  • Parcel #: ARUN-000039-000000-000044
  • Zoning: TCD

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 36000.0
  • Annual Operating Expense: 3000.0

Tax Info

  • Tax Annual Amount: 2961.0
  • Tax Book Number: 17355
  • Tax Lot: 44
  • Tax Map Number: 39
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2022
Closed on
Nov 1, 2022
Sold by
Kaya Llc
Bought by
Tango Real Estate Llc
Seller's Agent
Jeffrey Mateja
Keller Williams Realty
Buyer's Agent
Victoria Benenti
Coldwell Banker Realty
List Price
$400,000
Sold Price
$400,000
Current Estimated Value
$503,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,529
Avg. Annual Appreciation
11.08%
Original Mortgage
$320,000
Outstanding Balance
$310,849
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$210,402

Purchase Details

Listed on
Nov 17, 2015
Closed on
Nov 4, 2016
Sold by
Sawyer Carolyn J Est
Bought by
Lussier Geraldine and Haug Doreen
Seller's Agent
Cheryl Ellenberger
Keller Williams Realty
Buyer's Agent
Cheryl Ellenberger
Keller Williams Realty
List Price
$280,000
Sold Price
$195,000
Premium/Discount to List
-$85,000
-30.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.70%
Original Mortgage
$146,250
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 17, 2015
Closed on
Nov 1, 2016
Sold by
Sawyer Carolyn J Est
Bought by
Kaya Llc
Seller's Agent
Cheryl Ellenberger
Keller Williams Realty
Buyer's Agent
Cheryl Ellenberger
Keller Williams Realty
List Price
$280,000
Sold Price
$195,000
Premium/Discount to List
-$85,000
-30.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,250
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2006
Sold by
Brown Robert H
Bought by
Sawyer Carolyn J

Range of Values:

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Average Value
Not Available
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
Tango Real Estate Llc $400,000 None Available
Lussier Geraldine -- --
Kaya Llc -- --
Sawyer Carolyn J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tango Real Estate Llc $320,000
Previous Owner Kaya Llc $146,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2022 11/03/22 For Sale $400,000 0.0% $231 / Sq Ft
11/01/2022 11/01/22 Sold $400,000 +105.1% $231 / Sq Ft
11/01/2022 11/01/22 Pending -- -- --
10/31/2016 10/31/16 Sold $195,000 -30.4% $113 / Sq Ft
09/22/2016 09/22/16 Pending -- -- --
11/17/2015 11/17/15 For Sale $280,000 -- $162 / 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 $3,696 $217,400 $74,100 $143,300
2023 $3,696 $217,400 $74,100 $143,300
2022 $2,961 $175,200 $44,900 $130,300
2021 $2,961 $175,200 $44,900 $130,300
2020 $2,931 $175,200 $44,900 $130,300
2019 $2,856 $175,200 $44,900 $130,300
2018 $2,789 $175,200 $44,900 $130,300
2017 $2,798 $175,200 $44,900 $130,300
2016 $2,706 $179,000 $48,700 $130,300
2015 $2,423 $162,100 $48,700 $113,400
2014 $2,350 $162,100 $48,700 $113,400
2013 $2,350 $162,100 $48,700 $113,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1547409

Maine Listings

APN: ARUN-000039-000000-000044