J
Seller's Agent in 2024
Jessica Mertz
Better Homes & Gardens Real Estate/The Masiello Group
(207) 745-2388
2 in this area
20 Total Sales
Estimated Value: $221,016 - $271,000
4
Beds
2
Baths
1,560
Sq Ft
$165/Sq Ft
Est. Value
Highlights
- Nearby Water Access
- Colonial Architecture
- No HOA
- Orono Middle School Rated A
- Property is near public transit
- 1-minute walk to Webster Park
About This Home
As of May 2024A well kept apartment building in Orono, perfect for investors or owner-occupants seeking rental income. This property boasts two units, each offering two bedrooms and one bath. Enjoy the convenience of separate entrances, providing privacy for both tenants. Each unit has direct access to the storage area located at the back of the property. This area could be finished for extra living space. Conveniently located one mile from University of Maine and only a short walk to Webster Park or Downtown Orono. This property presents an excellent opportunity for steady rental income or comfortable living. Don't miss out on this fantastic investment in a prime location!
Last Agent to Sell the Property
Better Homes & Gardens Real Estate/The Masiello Group Listed on: 03/15/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,220
Year Built
- Built in 1880
Lot Details
- 6,534 Sq Ft Lot
- Level Lot
Parking
- Gravel Driveway
Home Design
- Colonial Architecture
- New Englander Architecture
- Farmhouse Style Home
- Pillar, Post or Pier Foundation
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 2 Full Bathrooms
- 1,560 Sq Ft Home
- 2-Story Property
- Laundry on main level
Flooring
- Carpet
- Vinyl
Basement
- Interior Basement Entry
- Crawl Space
Outdoor Features
- Nearby Water Access
- River Nearby
Location
- Property is near public transit
- City Lot
Utilities
- No Cooling
- Heating System Uses Oil
- Baseboard Heating
- Natural Gas Not Available
Listing and Financial Details
- Tax Lot 91
- Assessor Parcel Number ORON-020003-000000-000091
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Operating Expense $6,800
- Gross Income $23,700
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Moleon R D | $34,000 | |
| Closed | Mario-Moleon R D | $230,743 | |
| Closed | Sinclair Robert L | $93,600 | |
| Closed | Sinclair Robert L | $88,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/01/2024 05/01/24 | Sold | $235,000 | +4.5% | $151 / Sq Ft |
| 03/20/2024 03/20/24 | Pending | -- | -- | -- |
| 03/15/2024 03/15/24 | For Sale | $224,900 | -- | $144 / 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 | $3,232 | $151,400 | $28,900 | $122,500 |
| 2023 | $3,220 | $137,600 | $26,300 | $111,300 |
| 2022 | $3,275 | $137,600 | $26,300 | $111,300 |
| 2021 | $3,268 | $137,600 | $26,300 | $111,300 |
| 2020 | $2,228 | $79,300 | $28,700 | $50,600 |
| 2019 | $2,097 | $79,300 | $28,700 | $50,600 |
| 2018 | $2,141 | $79,300 | $28,700 | $50,600 |
| 2017 | $2,062 | $79,300 | $28,700 | $50,600 |
| 2016 | $1,971 | $79,300 | $28,700 | $50,600 |
| 2015 | $1,935 | $79,300 | $28,700 | $50,600 |
| 2014 | $1,891 | $79,300 | $28,700 | $50,600 |
| 2013 | $1,840 | $79,300 | $28,700 | $50,600 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2024
Bradley Mitchell
EXP Realty
(207) 267-0614
1 in this area
38 Total Sales
-
L
Buyer Co-Listing Agent in 2024
Lisa Richards
EXP Realty
(888) 439-8743
3 in this area
32 Total Sales
Map
Source: Maine Listings
MLS Number: 1584205
APN: ORON-020003-000000-000091
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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