Seller's Agent in 2024
Cindy Gannon
True North Realty, Inc.
(207) 717-3084
1 in this area
111 Total Sales
56 Pearl St Unit 56, 58 Bangor, ME 04401
Tree Streets NeighborhoodEstimated Value: $346,000 - $382,000
4
Beds
2
Baths
3,758
Sq Ft
$97/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Property is near public transit
- No HOA
- Fruit Street School Rated 10
- Wood Flooring
- Porch
About This Home
As of June 2024Exceptional Colonial-style multifamily residence in Bangor, Maine, featuring two generous three-bedroom units, each with one bathroom, and a bonus addition of two extra rooms on the third floor, exclusive to Unit 2. This meticulously maintained property boasts a prime location near the hospital, ensuring convenience for residents. The classic charm of its architecture combined with the added versatility of bonus rooms make this property an irresistible investment opportunity. Whether you're seeking rental income or a spacious home for multigenerational living, this Bangor gem offers both functionality and potential. Schedule a showing today to experience all this property has to offer!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,081
Year Built
- Built in 1900
Lot Details
- 5,227 Sq Ft Lot
- Landscaped
- Level Lot
- Open Lot
Home Design
- Colonial Architecture
- Concrete Foundation
- Slab Foundation
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 3,758 Sq Ft Home
- 2-Story Property
- Washer and Dryer Hookup
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 2 Full Bathrooms
- Bathtub
- Shower Only
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- Driveway
- Paved Parking
Location
- Property is near public transit
- City Lot
Utilities
- No Cooling
- Radiator
- Heating System Uses Oil
- Radiant Heating System
- Heating System Uses Steam
- Natural Gas Not Available
- Internet Available
- Cable TV Available
Additional Features
- Doors are 32 inches wide or more
- Porch
Listing and Financial Details
- Tax Lot 145
- Assessor Parcel Number BANG-000054-000000-000145
Community Details
Overview
- No Home Owners Association
- 2 Units
Amenities
- Community Storage Space
Building Details
- Operating Expense $500
- Gross Income $16,200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 2, 2024
Closed on
Jun 14, 2024
Sold by
Mathews Kerry J
Bought by
Francis Landyn
Seller's Agent
Cindy Gannon
True North Realty, Inc.
Buyer's Agent
Yates Murphy
NextHome Experience
List Price
$355,000
Sold Price
$346,000
Premium/Discount to List
-$9,000
-2.54%
Views
12
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,986
Avg. Annual Appreciation
-0.07%
Original Mortgage
$333,890
Outstanding Balance
$330,458
Interest Rate
5.95%
Mortgage Type
FHA
Estimated Equity
$15,253
Purchase Details
Closed on
Oct 20, 2017
Sold by
Betty R Prescott Ret and Grant
Bought by
Mathews Kerry J and Mathews Valerie D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,336
Interest Rate
3.78%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Francis Landyn | $346,000 | None Available | |
| Francis Landyn | $346,000 | None Available | |
| Mathews Kerry J | -- | -- | |
| Mathews Kerry J | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Francis Landyn | $333,890 | |
| Closed | Francis Landyn | $333,890 | |
| Previous Owner | Mathews Kerry J | $120,205 | |
| Previous Owner | Mathews Kerry J | $127,154 | |
| Previous Owner | Mathews Kerry J | $142,336 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/14/2024 06/14/24 | Sold | $346,000 | -2.5% | $92 / Sq Ft |
| 05/13/2024 05/13/24 | Pending | -- | -- | -- |
| 05/02/2024 05/02/24 | For Sale | $355,000 | -- | $94 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $4,402 | $237,300 | $15,700 | $221,600 |
| 2023 | $4,081 | $213,100 | $15,700 | $197,400 |
| 2022 | $3,690 | $180,900 | $15,700 | $165,200 |
| 2021 | $3,421 | $153,400 | $14,500 | $138,900 |
| 2020 | $3,222 | $138,900 | $13,800 | $125,100 |
| 2019 | $3,073 | $133,600 | $13,800 | $119,800 |
| 2018 | $2,919 | $127,200 | $13,800 | $113,400 |
| 2017 | $2,774 | $124,500 | $13,800 | $110,700 |
| 2016 | $2,741 | $121,800 | $13,800 | $108,000 |
| 2015 | $2,605 | $118,700 | $13,800 | $104,900 |
| 2014 | $2,492 | $114,300 | $13,800 | $100,500 |
| 2013 | $2,377 | $114,300 | $13,800 | $100,500 |
Source: Public Records
Agents Affiliated with this Home
-
Cindy Gannon
-
Yates Murphy
Buyer's Agent in 2024
Yates Murphy
NextHome Experience
(207) 373-8239
4 in this area
35 Total Sales
-
Susan Stephenson
S
Buyer Co-Listing Agent in 2024
Susan Stephenson
NextHome Experience
(207) 347-9555
2 in this area
29 Total Sales
Map
Source: Maine Listings
MLS Number: 1588113
APN: BANG-000054-000000-000145
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