6 Otis St Searsport, ME 04974
Highlights
- Nearby Water Access
- Wood Flooring
- Corner Lot
- Cape Cod Architecture
- Main Floor Bedroom
- No HOA
About This Home
As of November 2022A charming Multi-Family property located within a couple of blocks from stores, restaurants, museum, and ocean-front park. Magically remote enough to escape traffic noise.
Consists of 2 residential units - a 2-Bedroom unit, and a 1-Bedroom unit. Nicely landscaped back-yard, with a brand new privacy fence, and a small shed for storage and tools.
Preliminary survey clearly shows two separate off-street parking areas.
Property is fairly easily converted back to a single-family home, and the current 1-bedroom unit would be a fine home office with its own parking and entrance, or an excellent first floor in-law apartment,
Detailed income and expense information available to serious buyers.
Last Agent to Sell the Property
Better Homes & Gardens Real Estate/The Masiello Group
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,370
Year Built
- Built in 1900
Lot Details
- 3,920 Sq Ft Lot
- Landscaped
- Corner Lot
- Level Lot
Home Design
- 1,344 Sq Ft Home
- Cape Cod Architecture
- Cottage
- Stone Foundation
- Wood Frame Construction
- Shingle Roof
- Shingle Siding
Flooring
- Wood
- Laminate
- Vinyl
Bedrooms and Bathrooms
- Main Floor Bedroom
- 2 Full Bathrooms
- Bathtub
Basement
- Interior and Exterior Basement Entry
- Sump Pump
- Dirt Floor
- Crawl Space
Home Security
- Storm Windows
- Storm Doors
Parking
- Gravel Driveway
- Off-Street Parking
Outdoor Features
- Nearby Water Access
- Shed
Utilities
- No Cooling
- Zoned Heating
- Heating System Uses Oil
- Baseboard Heating
- Hot Water Heating System
- Natural Gas Not Available
- Cable TV Available
Additional Features
- ENERGY STAR Qualified Appliances
- Washer and Dryer Hookup
- Level Entry For Accessibility
- City Lot
Listing and Financial Details
- Tax Lot 16
- Assessor Parcel Number SEAP-000015-000000-000016
Community Details
Overview
- No Home Owners Association
- 2 Units
Pet Policy
- Pet Size Limit
Building Details
- Operating Expense $8,500
- Gross Income $20,400
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Map
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Personal Reps Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Personal Reps Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $222,740 | Purchase Money Mortgage | |
| Closed | $222,740 | Purchase Money Mortgage | |
| Previous Owner | $96,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $137,365 | FHA | |
| Previous Owner | $121,500 | Commercial |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/17/2022 11/17/22 | Sold | $215,000 | -6.5% | $160 / Sq Ft |
| 11/17/2022 11/17/22 | Pending | -- | -- | -- |
| 06/28/2022 06/28/22 | For Sale | $230,000 | +79.7% | $171 / Sq Ft |
| 10/16/2019 10/16/19 | Sold | $128,000 | -8.5% | $95 / Sq Ft |
| 08/24/2019 08/24/19 | Pending | -- | -- | -- |
| 05/13/2019 05/13/19 | For Sale | $139,900 | +18.6% | $104 / Sq Ft |
| 06/15/2018 06/15/18 | Sold | $118,000 | -25.8% | $88 / Sq Ft |
| 06/12/2018 06/12/18 | Pending | -- | -- | -- |
| 04/07/2018 04/07/18 | For Sale | $159,000 | +13.7% | $118 / Sq Ft |
| 07/26/2016 07/26/16 | Sold | $139,900 | 0.0% | $104 / Sq Ft |
| 06/06/2016 06/06/16 | Pending | -- | -- | -- |
| 04/15/2016 04/15/16 | For Sale | $139,900 | -- | $104 / Sq Ft |
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 | $3,071 | $134,100 | $26,500 | $107,600 |
| 2023 | $2,709 | $134,100 | $26,500 | $107,600 |
| 2022 | $2,540 | $131,600 | $24,000 | $107,600 |
| 2021 | $2,370 | $125,400 | $24,000 | $101,400 |
| 2020 | $2,345 | $125,400 | $24,000 | $101,400 |
| 2019 | $2,320 | $125,400 | $24,000 | $101,400 |
| 2018 | $2,483 | $125,400 | $24,000 | $101,400 |
| 2017 | $1,967 | $81,300 | $30,600 | $50,700 |
| 2016 | $1,943 | $81,300 | $30,600 | $50,700 |
| 2015 | $1,927 | $81,300 | $30,600 | $50,700 |
| 2014 | $1,846 | $81,300 | $30,600 | $50,700 |
| 2013 | $1,748 | $81,300 | $30,600 | $50,700 |
Source: Maine Listings
MLS Number: 1534399
APN: SEAP-000015-000000-000016
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