NOT LISTED FOR SALE

60 E Main St Searsport, ME 04974

Estimated Value: $281,489 - $573,000

Studio
4 Baths
2,800 Sq Ft
$153/Sq Ft Est. Value

Last Sold March 18, 2014

Last sale price $140,000 $50 Per Sq Ft

Est. 205% increase in value since last sale

Current estimated payment $2,504/month

5 Days on Market

Highlights

  • Colonial Architecture
  • Forced Air Zoned Heating System
  • Coin Laundry
  • No HOA
  • Baseboard Heating
  • Level Lot

About This Home

As of March 2014

Well maintained 5 unit apartment bldg,with a good income &rental history. Updates include electrical & CB panels,fire escape & larger windows in back apt to keep insurance costs lower,paved driveway,bulkhead,roof was resheathed and shingled in 2003.

Last Agent to Sell the Property

LuAnne Adams

Realty of Maine Listed on: 02/05/2014

Realty of Maine

Last Buyer's Agent

Sherri Dunbar

Tim Dunham Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,281

Year Built

  • Built in 1900

Lot Details

  • 6,098 Sq Ft Lot
  • Level Lot
  • Open Lot

Home Design

  • 2,800 Sq Ft Home
  • Colonial Architecture
  • Post and Beam
  • Concrete Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Flooring

  • Carpet
  • Vinyl

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Utilities

  • No Cooling
  • Forced Air Zoned Heating System
  • Heating System Uses Oil
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Electric Water Heater

Additional Features

  • 4 Full Bathrooms
  • City Lot

Listing and Financial Details

  • Tax Lot 26
  • Assessor Parcel Number 60East Main StreetSearspor1626

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Amenities

  • Coin Laundry

Building Details

  • Operating Expense $19,383
  • Gross Income $33,060

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,281

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.14
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 2800.0
  • Architectural Style: Colonial
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 50.0
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.14
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 2800.0
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 5
  • Heat System:Multi-Zones: Yes
  • Income Expenses Gross Income: 33060.0
  • Income Expenses Operating Expenses: 19383.0
  • Parking:On Site2: Yes
  • Style:Colonial: Yes
  • Roof:Pitched: Yes
  • Parking:Paved3: Yes
  • Construction:Post Beam: Yes
  • Water Heater:Tank: Yes
  • Basement:Sump Pump: Yes
  • Heat System:Direct Vent Furnace: Yes
  • Amenities:Laundry - Coin: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Sump Pump, Unfinished
  • Full Bathrooms: 4
  • Flooring: Vinyl, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Intown, Near Shopping
  • Waterfront: No
  • Construction Type: Vinyl Siding, Post & Beam, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Pitched, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved, On Site

Utilities

  • Laundry Features: Laundry - Coin
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Forced Air, Direct Vent Furnace, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6098.4
  • Parcel #: 60East Main StreetSearspor1626
  • Zoning: commercial

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 33060.0
  • Annual Operating Expense: 19383.0

Tax Info

  • Tax Annual Amount: 3281.0
  • Tax Lot: 26
  • Tax Year: 2013
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2014 03/18/14 Sold $140,000 -3.4% $50 / Sq Ft
02/10/2014 02/10/14 Pending -- -- --
02/05/2014 02/05/14 For Sale $145,000 -- $52 / 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 $3,227 $140,900 $29,900 $111,000
2023 $2,846 $140,900 $29,900 $111,000
2022 $2,719 $140,900 $29,900 $111,000
2021 $2,663 $140,900 $29,900 $111,000
2020 $2,635 $140,900 $29,900 $111,000
2019 $1,826 $140,900 $29,900 $111,000
2018 $2,606 $140,900 $29,900 $111,000
2017 $3,693 $152,600 $45,900 $106,700
2016 $185 $152,600 $45,900 $106,700
2015 $3,617 $152,600 $45,900 $106,700
2014 $3,464 $152,600 $45,900 $106,700
2013 $3,281 $152,600 $45,900 $106,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1122324

Maine Listings

APN: SEAP-000016-000000-000026