NOT LISTED FOR SALE

632 Access Hwy Limestone, ME 04750

-- Bed
10 Baths
7,124 Sq Ft
3.46 Acres

Last Sold January 31, 2022

Last sale price $320,000 $45 Per Sq Ft

58 Days on Market

Highlights

  • Wooded Lot
  • No HOA
  • Open Lot
  • Ranch Style House
  • Baseboard Heating
  • Lot Has A Rolling Slope

About This Home

As of January 2022

This ten unit apartment complex with(5) 2 bedroom and (5) 1 bedroom units has been well maintained, has a good occupancy rate and cash flow. Don't miss your chance for a great investment opportunity!

Last Listed By

Frederick Dobbs

Dobbs Realty Listed on: 09/04/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,117

Year Built

  • Built in 1985

Lot Details

  • 3.46 Acre Lot
  • Rural Setting
  • Open Lot
  • Lot Has A Rolling Slope
  • Wooded Lot

Home Design

  • 7,124 Sq Ft Home
  • Ranch Style House
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 10 Full Bathrooms

Parking

  • Gravel Driveway
  • Paved Parking

Utilities

  • No Cooling
  • Baseboard Heating
  • Natural Gas Not Available
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic System
  • Private Sewer

Listing and Financial Details

  • Tax Lot 29D
  • Assessor Parcel Number 636accesshighwaylimestone04750

Community Details

Overview

  • No Home Owners Association
  • 10 Units

Building Details

  • Operating Expense $18,163
  • Gross Income $51,675

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,117

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 3.46
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 7124.0
  • Architectural Style: Ranch
  • Garage Yn: No
  • Year Built: 1985
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 3.46
  • Property Information:Total Baths: 10.0
  • Property Information:SqFt Finished Above Grade: 7124.0
  • Property Information:Garage: No
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Style:Ranch: Yes
  • Property Information:Number of Units: 10
  • Income Expenses Gross Income: 51675.0
  • Income Expenses Operating Expenses: 18163.0
  • Sewer:Private Sewer: Yes
  • Basement:Slab2: Yes
  • Location:Rural: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Site:RollingSloping: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Not Applicable
  • Full Bathrooms: 10
  • Flooring: Laminate, Carpet

Exterior Features

  • Lot Features: Open Lot, Rolling Slope, Wooded, Rural
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Slab
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 11 - 20 Spaces, Gravel, Paved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 150717.6
  • Parcel #: 636accesshighwaylimestone04750
  • Zoning: Residential

Multi Family

  • Number Of Units Total: 10
  • Annual Gross Income: 51675.0
  • Annual Operating Expense: 18163.0

Tax Info

  • Tax Annual Amount: 6117.0
  • Tax Book Number: 5321/5321
  • Tax Lot: 29D
  • Tax Map Number: 13
  • Tax Year: 2020

Range of Values:

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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 Change Sq Ft Price
01/31/2022 01/31/22 Sold $320,000 -8.6% $45 / Sq Ft
11/02/2021 11/02/21 Pending -- -- --
09/04/2021 09/04/21 For Sale $350,000 -- $49 / 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
2021 $5,276 $173,600 $16,300 $157,300
2019 $4,036 $173,600 $16,300 $157,300
2018 $4,383 $173,600 $16,300 $157,300
2017 $4,232 $163,400 $16,300 $147,100
2016 $3,376 $139,200 $16,300 $122,900
2015 $3,376 $139,200 $16,300 $122,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1507774

Maine Listings