NOT LISTED FOR SALE

64 Front St Belfast, ME 04915

Estimated Value: $425,000 - $467,000

4 Beds
2 Baths
1,694 Sq Ft
$262/Sq Ft Est. Value

Last Sold August 07, 2020

Last sale price $205,000 $121 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $2,955/month

1 Day on Market

Highlights

  • Public Beach
  • No HOA
  • Baseboard Heating
  • Wood Flooring
  • Landscaped
  • Lot Has A Rolling Slope

About This Home

As of August 2020

Solid 1980 two-unit building in the heart of downtown Belfast's waterfront. 350 feet to Belfast Harbor and the Rail Trail. Easy walking distance to restaurants, galleries, etc. Large, lovely sloping wooded lot with off street parking for 4 + cars. Public water and sewer. This property is directly across from the vibrant Front Street Shipyard. Expansion possible with permission. Live/work on Front Street.

Last Agent to Sell the Property

Michael Cunning

Worth Real Estate, Inc. Listed on: 06/16/2020

Last Buyer's Agent

Roland Littlefield

United Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,685

Year Built

  • Built in 1985

Lot Details

  • 7,841 Sq Ft Lot
  • Public Beach
  • Landscaped
  • Lot Has A Rolling Slope

Home Design

  • Gambrel Roof
  • Concrete Foundation
  • Wood Frame Construction
  • Composition Roof
  • Clap Board Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 2 Full Bathrooms
  • 1,694 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Carpet

Basement

  • Interior Basement Entry
  • Crawl Space

Parking

  • Driveway
  • Paved Parking

Location

  • City Lot

Utilities

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

Listing and Financial Details

  • Tax Lot 127
  • Assessor Parcel Number BELF-000011-000000-000127

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $8,897
  • Gross Income $19,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,685

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.18
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: In Belfast head downhill on Main St. Turn left onto Front St. Go approx.1/10 mile. Property is on the left. Directly across from Front Street Shipyard.
  • Above Grade Finished Sq Ft: 1694.0
  • Architectural Style: Gambrel
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1985
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.18
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1694.0
  • Property Information:Garage: No
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: 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:Electric2: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Gas:No Gas: Yes
  • Roof:Composition2: Yes
  • Property Information:Number of Units: 2
  • Exterior:Clapboard: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 19800.0
  • Income Expenses Operating Expenses: 8897.0
  • Location:Near Public Beach: Yes
  • Basement:Crawl Space: Yes
  • Property Information:Short Sale Continue to Show: No
  • Site:RollingSloping: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Style:Gambrel: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Crawl Space, Interior Entry
  • Full Bathrooms: 2
  • Fireplace: No
  • Flooring: Wood, Carpet

Exterior Features

  • Lot Features: Rolling Slope, Landscaped, Intown, Near Public Beach
  • Waterfront: No
  • Construction Type: Clapboard, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Composition

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, 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: 7840.8
  • Parcel #: BELF-000011-000000-000127
  • Zoning: Downtown Commercial

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 19800.0
  • Annual Operating Expense: 8897.0

Tax Info

  • Tax Annual Amount: 4685.0
  • Tax Book Number: 2555
  • Tax Lot: 127
  • Tax Map Number: 011
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2020
Closed on
Aug 7, 2020
Sold by
Walker Michelle V and Vail Garrett W
Bought by
Littlefield Jeffrey F
Seller's Agent
Michael Cunning
Worth Real Estate, Inc.
Buyer's Agent
Roland Littlefield
United Realty
List Price
$214,000
Sold Price
$205,000
Premium/Discount to List
-$9,000
-4.21%
Current Estimated Value
$444,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,433
Avg. Annual Appreciation
17.87%
Original Mortgage
$164,000
Outstanding Balance
$147,355
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$309,230
Source: Public Records

Range of Values:

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Average Value
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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
Littlefield Jeffrey F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Littlefield Jeffrey F $164,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2020 08/07/20 Sold $205,000 -4.2% $121 / Sq Ft
06/18/2020 06/18/20 Pending -- -- --
06/16/2020 06/16/20 For Sale $214,000 -- $126 / 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 $5,753 $373,600 $159,700 $213,900
2023 $4,719 $234,800 $110,300 $124,500
2022 $4,858 $227,000 $110,300 $116,700
2021 $4,994 $227,000 $110,300 $116,700
2020 $4,767 $204,600 $106,100 $98,500
2019 $4,685 $204,600 $106,100 $98,500
2018 $2,733 $120,400 $50,900 $69,500
2017 $2,637 $120,400 $50,900 $69,500
2016 $2,757 $120,400 $50,900 $69,500
2015 $2,697 $120,400 $50,900 $69,500
2014 $2,607 $120,400 $50,900 $69,500
2013 $3,130 $150,500 $63,600 $86,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1456490

Maine Listings

APN: BELF-000011-000000-000127