NOT LISTED FOR SALE

Estimated Value: $277,000 - $309,000

4 Beds
2 Baths
2,344 Sq Ft
$125/Sq Ft Est. Value

Last Sold August 10, 2020

Last sale price $157,951 $67 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $2,029/month

1 Day on Market

Highlights

  • Colonial Architecture
  • Property is near public transit
  • No HOA
  • William S. Cohen School Rated A-
  • Wood Flooring
  • 2-minute walk to Chapin Park

About This Home

As of August 2020

INVESTMENT PROPERTY - owner occupy or add this 2 unit to your portfolio located on the desirable ''tree streets'' in Bangor. Vinyl Siding, newer windows and a natural gas boiler with a garage to park your car or extra storage. Both units are very large, have laundry, off street parking and great rental history. CHECK this one out!!$$

Last Agent to Sell the Property

Stephanie Henry

NextHome Experience Listed on: 07/22/2020

NextHome Experience

Last Buyer's Agent

Michael Ellis

Realty of Maine

Realty of Maine

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,494

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot
  • Fenced
  • Interior Lot
  • Level Lot

Parking

  • 1 Car Garage
  • Driveway

Home Design

  • 2,344 Sq Ft Home
  • Colonial Architecture
  • Brick Foundation
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Masonry

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Full Bathrooms
  • Bathtub
  • Shower Only

Unfinished Basement

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

Location

  • Property is near public transit
  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Gas Water Heater

Additional Features

  • Doors are 32 inches wide or more
  • Porch

Listing and Financial Details

  • Tax Lot 094
  • Assessor Parcel Number BANG-000048-000000-000094

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $1
  • Gross Income $23,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,494

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From Stillwater Avenue turn up Elm Street. Pass Garland intersection and house will be on left. Sign up.
  • Above Grade Finished Sq Ft: 2344.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.11
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2344.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Gas: Yes
  • Amenities:Fence: Yes
  • Property Information:Garage Spaces: 1.0
  • Exterior:Vinyl Siding: Yes
  • Gas:Natural - On Site: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Heat Fuel:Gas Natural: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:BrickMortar2: Yes
  • Income Expenses Gross Income: 23700.0
  • Income Expenses Operating Expenses: 1.0
  • Amenities:Bathtub: Yes
  • Style:Colonial: Yes
  • Property Information:Short Sale Continue to Show: No
  • Basement:BrickMortar: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Transportation:Public Transport Access: Yes
  • Construction:Masonry: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Accessibility Features: 32 - 36 Inch Doors
  • Has Basement: Brick/Mortar, Full, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Flooring: Wood, Laminate, Carpet
  • Interior Amenities: Bathtub, Shower
  • Full Basement: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Level, Interior Lot, Intown, Near Shopping, Near Turnpike/Interstate, Neighborhood, Near Public Transit
  • Waterfront: No
  • Construction Type: Vinyl Siding, Masonry, Wood Frame
  • Foundation Details: Concrete Perimeter, Brick/Mortar
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • 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: 4791.6
  • Parcel #: BANG-000048-000000-000094
  • Zoning: URD

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 23700.0
  • Annual Operating Expense: 1.0

Tax Info

  • Tax Annual Amount: 3494.0
  • Tax Book Number: 10155
  • Tax Lot: 094
  • Tax Map Number: 048
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 8, 2021
Sold by
Bangor City Of
Bought by
Coulombe Shawn A
Total Days on Market
1
Current Estimated Value
$292,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,500
Outstanding Balance
$106,875
Interest Rate
3%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$185,448

Purchase Details

Closed on
Oct 25, 2005
Sold by
Overmann Matthew H
Bought by
Susi 2Nd Guy N and Young Erin S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,342
Interest Rate
5.72%
Mortgage Type
FHA
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
Coulombe Shawn A -- None Available
Susi 2Nd Guy N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cardiff Cap Mgmt Llc $126,500
Previous Owner Susi 2Nd Guy N $169,342
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2020 08/10/20 Sold $157,951 -1.2% $67 / Sq Ft
07/24/2020 07/24/20 Pending -- -- --
07/22/2020 07/22/20 For Sale $159,950 -- $68 / 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 $4,650 $250,700 $16,100 $234,600
2023 $4,196 $219,100 $15,500 $203,600
2022 $3,784 $185,500 $15,500 $170,000
2021 $3,497 $156,800 $14,300 $142,500
2020 $3,448 $148,600 $14,100 $134,500
2019 $3,494 $151,900 $14,100 $137,800
2018 $3,323 $144,800 $14,100 $130,700
2017 $3,152 $141,600 $14,100 $127,500
2016 $3,112 $138,300 $14,100 $124,200
2015 $3,038 $138,400 $14,100 $124,300
2014 $2,965 $136,000 $14,100 $121,900
2013 $2,920 $140,400 $14,100 $126,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1461502

Maine Listings

APN: BANG-000048-000000-000094