NOT LISTED FOR SALE

6 Cherry St Mexico, ME 04257

Estimated Value: $136,000

Studio
2 Baths
1,680 Sq Ft
$81/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $82,500 $49 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $925/month

11 Days on Market

Highlights

  • View of Trees or Woods
  • Deck
  • Interior Lot
  • Cape Cod Architecture
  • No HOA
  • Zoned Heating

About This Home

As of April 2021

Great investment with a new roof, a newer boiler and long term tenants. Both units have 2 bedrooms and the home sits on a spacious lot with plenty of parking and a nice private back yard. Home is walking distance to many amenities.

Last Agent to Sell the Property

Renee Roy

Better Homes & Gardens Real Estate/The Masiello Group Listed on: 03/26/2021

Better Homes & Gardens Real Estate/The Masiello Group

Last Buyer's Agent

Charles Hurd JR

Maine Street Realty, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 0.31 Acre Lot
  • Landscaped
  • Interior Lot
  • Level Lot
  • Open Lot

Home Design

  • Duplex
  • Cape Cod Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 1,680 Sq Ft Home
  • 2-Story Property
  • Views of Woods

Flooring

  • Carpet
  • Vinyl

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • Gravel Driveway
  • On-Site Parking
  • Off-Street Parking

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Electric Water Heater
  • Internet Available

Additional Features

  • Deck
  • City Lot

Listing and Financial Details

  • Tax Lot 169
  • Assessor Parcel Number MEXI-000020-000000-000169

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • The community has rules related to deed restrictions

Building Details

  • Operating Expense $7,198
  • Gross Income $16,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.31
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From Route 2/17, turn onto Rt 17, turn right onto Harlow Hill Rd, take your first right onto Tucker St, Turn right onto Cherry St, home is on your right. See signs
  • Above Grade Finished Sq Ft: 1680.0
  • Architectural Style: Duplex, Cape
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 53.57
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.31
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1680.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: 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
  • Parking:Off Street: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 16800.0
  • Income Expenses Operating Expenses: 7198.0
  • Parking:On Site2: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Roof:Pitched: Yes
  • Style:Duplex: Yes
  • Property Information:Short Sale Continue to Show: No
  • Driveway:Gravel: Yes
  • View:TreesWoods: Yes
  • Equipment:Internet Access Available: Yes
  • Property Information:Deed Restrictions: Yes
  • Property Information:Bank Owned REO: No
  • Building Info:_pound_ Floors3: 2
  • Advertising Remarks:Advertising Remarks: Great investment with a new roof, a newer boiler and long term tenants. Both units have 2 bedrooms and the home sits on a spacious lot with plenty of parking and a nice private back yard. Home is walking distance to many amenities.
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Walk-Out Access, Full, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Flooring: Vinyl, Carpet
  • Stories: 2
  • Full Basement: Yes
  • Location:Interior Lot: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Landscaped, Interior Lot, Intown, Near Shopping, Neighborhood
  • View: Trees/Woods
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Pitched, Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Gravel, On Site, Off Street

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 13503.6
  • Parcel #: MEXI-000020-000000-000169
  • Zoning: Residential

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 16800.0
  • Annual Operating Expense: 7198.0

Tax Info

  • Tax Annual Amount: 2570.0
  • Tax Lot: 169
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 3, 2022
Sold by
Eisenhofer Karl F and Eisenhofer Katherine B
Bought by
6 Cherry Street T and Smith
Current Estimated Value
$136,000

Purchase Details

Listed on
Mar 26, 2021
Closed on
Apr 30, 2021
Sold by
Bowen David C
Bought by
Eisenhofer Karl F and Eisenhofer Katherine B
Seller's Agent
Renee Roy
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Charles Hurd JR
Maine Street Realty, Inc.
List Price
$90,000
Sold Price
$82,500
Premium/Discount to List
-$7,500
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.12%

Purchase Details

Closed on
Oct 9, 2012
Sold by
Bowen David C and Bowen Susan M
Bought by
Bowen David C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,770
Interest Rate
3.66%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
6 Cherry Street T -- None Available
6 Cherry Street T -- None Available
Eisenhofer Karl F -- None Available
Eisenhofer Karl F -- None Available
Bowen David C -- --
Bowen David C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bowen David C $40,770
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2021 04/30/21 Sold $82,500 -8.3% $49 / Sq Ft
04/07/2021 04/07/21 Pending -- -- --
03/26/2021 03/26/21 For Sale $90,000 -- $54 / 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 $2,616 $90,200 $16,400 $73,800
2023 $2,634 $90,200 $16,400 $73,800
2022 $2,634 $90,200 $16,400 $73,800
2021 $2,634 $90,200 $16,400 $73,800
2014 $2,345 $90,200 $16,400 $73,800
2012 $2,255 $90,200 $16,400 $73,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1485564

Maine Listings

APN: MEXI-000020-000000-000169